SPENDGO – Spendgo, a provider of personalized customer engagement solutions for mobile apps and online stores has inked a partnership with Dickey’s Barbecue Pit, a Dallas-based family-run barbecue franchise, has delivered great results integrating Spendgo’s loyalty customer engagement solution, allowing guests to receive geo-targeted specials and earn points that can be redeemed for a free Dickey’s barbecue.
GOLDMONEY – GoldMoney has completed its previously announced bought deal private placement with a syndicate of underwriters led by GMP Securities and Clarus Securities. Pursuant to the Offering, the Company issued 9,394,828 common shares at a price of C$3.90 per Share, for aggregate gross proceeds of C$36,639,829. In addition to the initial 8,169,415 Shares offered, an additional 1,225,413 Shares were issued pursuant to the Underwriters fully exercising the Underwriters’ option.
4 IM – High risk e-business expert E-Commerce 4 IM has just released a tip sheet to help new e-businesses get through the additional obstacles that the “high risk” label creates. Some business and industries are riskier than others. A “high risk” business is a business that is not usually registered with regulatory agencies, sells products that are thought of as “high risk” themselves, or is related to the environment. Examples of high risk businesses include those that sell tobacco, firearms and downloadable software, or those associated with gambling and waste management.
Being labeled as “high risk” can make it difficult for e-businesses to work with credit card processing companies and traditional banks, and fees on loans or transactions may be higher than other businesses. Helping high risk e-businesses navigate around these problems is what E-Commerce 4 IM is known to do.
FITCH – Brazil’s three largest private sector banks will focus on tighter cost controls, enhanced cross-selling initiatives and increased fee income to manage the challenging economic environment in Brazil, Fitch Ratings says. We expect this pressure to remain on the banks through second-half 2017. The biggest private-sector Brazilian banks have mostly exhausted the strategies they used to manage 2015’s downturn, including repricing their loan portfolios, improving collateral coverage and reducing exposure to lower credit borrowers while expanding their excess loan loss reserves.