Ant Financial Has $95B In Consumer Loans Even With Government Crackdown
Ant Financial Has $95B In Consumer Loans Even With Government Crackdown
March 12, 2018  |  Loans

Ant Financial, the payment affiliate of China’s Alibaba, has seen its consumer lending business reach 600 billion yuan ($95 billion) even as the company faces...

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Today In Data: Cross-Border Costs, SMB Cyberattacks And Grocery Preferences
Today In Data: Cross-Border Costs, SMB Cyberattacks And Grocery Preferences
March 12, 2018  |  Today In Data

Today in PYMNTS data, cross-border transactions are creating friction-related costs each year, most companies around the world are experiencing cyberattacks and grocery shoppers have reasons...

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Judge Allows Much Of Yahoo Breach Suit To Go Forward
Judge Allows Much Of Yahoo Breach Suit To Go Forward
March 12, 2018  |  Legal

A U.S. district court in San Jose, California, ruled late last week that most of a lawsuit concerning Yahoo’s data breach, which exposed 3 billion...

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Thomson Reuters Unveils Bitcoin Chatter Gauge
Thomson Reuters Unveils Bitcoin Chatter Gauge
March 12, 2018  |  Bitcoin

As cryptocurrencies fuel discussions on forums and news websites, a new version of a Thomson Reuters Corp tool will capture online chatter around bitcoin. MarketPsych Indices...

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Uber Rival Ola Goes Down Under With Sydney Launch
Uber Rival Ola Goes Down Under With Sydney Launch
March 12, 2018  |  Ridesharing

In a move to expand its business overseas and take on Uber, India’s Ola has launched in Sydney. The service has already signed up 7,000...

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Farfetch Pairs With Harvey Nichols As It Rolls Toward An IPO
Farfetch Pairs With Harvey Nichols As It Rolls Toward An IPO
March 12, 2018  |  Partnerships / Acquisitions

Farfetch is getting ready for an initial public offering (IPO) — after nearly a decade in existence — with a listing that is widely expected...

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Gen Z, Millennials Favor Physical Stores More Than The Rest of Us
Gen Z, Millennials Favor Physical Stores More Than The Rest of Us
March 12, 2018  |  Consumer Insights

Good news for physical retailers: A new survey from Cowen Equity Research finds Gen Z and millennial consumers shop more at physical stores than the...

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The Place For AI In Retail’s Future
The Place For AI In Retail’s Future
March 12, 2018  |  Artificial Intelligence

Artificial intelligence (AI) is making itself right at home in the retail industry. In 2016, AI in the retail market totaled $712.6 million. By 2025...

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Amazon Seeks New Avenues Of Growth For Amazon Prime
Amazon Seeks New Avenues Of Growth For Amazon Prime
March 12, 2018  |  Amazon

When Amazon launched its Prime service in 2005, its visionary chief executive had big plans to shake up eCommerce retail. Get the Full Story Complete...

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