Omnichannel No Longer Optional For Retail
Omnichannel No Longer Optional For Retail
March 30, 2020  |  Retail

Consumers shopping in droves via eCommerce channels is hardly a piece of breaking news — for the better part of a decade, that has been...

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Why Credit Unions’ ‘Mature Trust Model’ Matters For Members
Why Credit Unions’ ‘Mature Trust Model’ Matters For Members
March 30, 2020  |  Credit Unions

As COVID-19, the disease caused by the coronavirus, ravages the economy, and millions of Americans shelter in place to figure out their next financial moves...

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US Eases New Banking Rule On Reporting Bad Loans
US Eases New Banking Rule On Reporting Bad Loans
March 30, 2020  |  Banking

Bank regulators have rolled back the Jan. 1 accounting standard known as “current expected credit loss” (CECL) in an effort to bolster loans in the...

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Egypt Limits Bank Withdrawals, Deposits To Curb Inflation, Hoarding
Egypt Limits Bank Withdrawals, Deposits To Curb Inflation, Hoarding
March 30, 2020  |  Bank Regulation

In Egypt, banks have been told to impose a limit on cash withdrawals and deposits in a move to hopefully stop hoarding and inflation. Get...

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Bitcoin Daily: WHO Debuts MiPasa Blockchain To Share Covid-19 Data; Coinbase’s Retail Payments Portal Passes $200M Transactions Processed
Bitcoin Daily: WHO Debuts MiPasa Blockchain To Share Covid-19 Data; Coinbase’s Retail Payments Portal Passes...
March 29, 2020  |  Bitcoin

The World Health Organization (WHO) is working with blockchain and other tech companies on a program to help convey data about the ongoing COVID-19 pandemic,...

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Venmo, Square Cash Vie For Stimulus Funds Distribution
Venmo, Square Cash Vie For Stimulus Funds Distribution
March 29, 2020  |  Payment Methods

Venmo and Cash App want to be considered as ways the U.S. government could deliver its stimulus funds to help the coronavirus-wrecked economy. Get the...

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Satellite Internet Startup OneWeb Closes After SoftBank Fund Raise Fails
Satellite Internet Startup OneWeb Closes After SoftBank Fund Raise Fails
March 29, 2020  |  Startups

OneWeb, which wanted to make internet access worldwide and widespread, has filed for bankruptcy and let most of its employees go after it couldn’t get...

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Lenders Tighten Reins On Loans, Credit For SMBs, Households
Lenders Tighten Reins On Loans, Credit For SMBs, Households
March 29, 2020  |  Coronavirus

As a potential recession lurks, FinTechs, traditional banks and other financial institutions (FIs) are tightening the reins on loans to small businesses and households with...

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Amazon Tells Employees To Transfer To Grocery Work
Amazon Tells Employees To Transfer To Grocery Work
March 29, 2020  |  Amazon

Amazon is looking to transfer employees to its grocery bagging division as the need for grocery delivery has risen sharply due to the coronavirus, according...

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