CFPB’s Debt Collection, Payday Lending Rules Come Under Fire In Congressional Hearing
CFPB’s Debt Collection, Payday Lending Rules Come Under Fire In Congressional Hearing
October 16, 2019  |  CFPB

Payday lending practices again came under fire Wednesday (Oct. 16) from members of the U.S. Congress, as Kathy Kraninger, director of the Consumer Finance Protection Bureau...

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BOE Head: Central Banks Provide Stability In FinTech Era
BOE Head: Central Banks Provide Stability In FinTech Era
October 16, 2019  |  Banking

The governor of the Bank of England said he doesn’t think new financial technologies (FinTechs) will cause central banks to be obsolete. Get the Full...

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Bank of America Sees 76 Pct Boost In Q3 Zelle Payments
Bank of America Sees 76 Pct Boost In Q3 Zelle Payments
October 16, 2019  |  Earnings

Zelle P2P payments increased 76 percent year-over-year (YoY) in the third quarter of 2019, Bank of America said on Wednesday (Oct. 16), signaling the latest burst of...

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Mattel, Walmart To Sell Toys Via Interactive Video
Mattel, Walmart To Sell Toys Via Interactive Video
October 16, 2019  |  Retail

Walmart and Mattel are trying new ways to sell toys to children, with an interactive video store featuring different “floors” with toys. Get the Full...

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Shubert, True Tickets Partner To Pilot Mobile Orders For Broadway Shows
Shubert, True Tickets Partner To Pilot Mobile Orders For Broadway Shows
October 16, 2019  |  Blockchain

Boston startup True Tickets is teaming up with the Broadway theater company The Shubert Organization for blockchain-based mobile ticket delivery, the companies said in a...

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Mastercard Outlines Blockchain Principles After Leaving Libra
Mastercard Outlines Blockchain Principles After Leaving Libra
October 16, 2019  |  Mastercard

Mastercard has outlined its intentions with blockchain after its high profile exit from the Libra Association, a coalition of many successful companies meant to help...

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Chinese Shoppers Will Have PayPal Access By Year End
Chinese Shoppers Will Have PayPal Access By Year End
October 16, 2019  |  International

With its purchase of a majority stake in GoPay, China has allowed PayPal to operate in the country. According to a report by the Financial...

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Retail Sales Slump Raises Questions About Consumer Spending
Retail Sales Slump Raises Questions About Consumer Spending
October 16, 2019  |  Economy

One of the laws of physics, loosely phrased, is that an object in motion stays in motion, on its path, until outside forces act to...

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Foursquare Head Wants Stricter Laws Around Location Data
Foursquare Head Wants Stricter Laws Around Location Data
October 16, 2019  |  Regulation

The CEO of Foursquare, a location data company, wrote an op-ed piece in the New York Times Wednesday (Oct. 16), saying, “It’s time for Congress...

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