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NCR’s Cardtronics Bid – And The Rise Of Self-Service Banking At The ATM 

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Let the games, as they say, begin – as a bidding war seems to be in the works, with an eye on self-service banking. As noted in this space over the weekend, there already exists a preliminary agreement between Cardtronics and the investment firms, but the higher price tag offered by NCR will likely spark a re-examination of a deal.

Banking 57
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Super Apps Rising: Mobile Drives Digital Payments Uptick In Pakistan

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In Pakistan, and elsewhere, the stars are aligning for greater use of digital banking and payments to improve financial inclusion. Wain noted that, in general, “some sort of a major event takes place, that triggers a new norm.”. The traditional bank model is appealing to the higher economic strata. It will happen.”.

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A Corporate Finance Approach To High-Net-Worth Individuals

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This challenge often emerges with small businesses (SMBs) that are not large enough to fit into a bank’s corporate and treasury services unit, and are, therefore, forced into being serviced with consumer-targeted products. The financial services space often encounters the conundrum of trying to fit a square peg in a round hole.

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JPMorgan’s Finn, Digital Banking App For Younger Clients, Is Finis

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Barely more than a year after banking giant JPMorgan launched an effort to bring younger clients into the fold — through digital means and specifically through a digital banking app — the firm is killing that particular nationwide project. billion tagged for this year and with significant focus on Chase mobile and digital efforts.

Banking 56
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LendingClub and Morgan Stanley, A Tale of Two Bank Deals

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Call it a tale of two bank deals. The stories come with significantly different price tags: $185 million and $13 billion. The move also means that, as LendingClub had applied for bank charters in the past (with the Office of the Comptroller of the Currency), it decided to buy its way into deposits and checking. Some Precedents.

Banking 97
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Google’s Connected Economy Efforts, Overshadowed By Antitrust Suit?

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To be sure, subsidiaries such as Waze and Google Maps, and newly installed efforts to bring banking into the Google ecosystem pale, at least as measured as revenue generators, next to efforts that generate tens of billions of dollars annually. As we noted in this space earlier in the year, the U.S. Banks, Too .

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Visa On Bringing More Female Founders Into The Reinvention Of Retail

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One hundred percent of the proceeds from the sale will go to support Women’s World Banking, a nonprofit that provides women entrepreneurs around the world with financial tools and resources. The Competitive Field . After that, there is little data. Leveraging A New Connection Point . That could mean all kinds of things.

Retail 76