US Consumers Defer Payments On More Than 100 Million Loans
US Consumers Defer Payments On More Than 100 Million Loans
June 18, 2020  |  Loans

There are now more than 100 million skipped payments on student loans, auto loans and other kinds of debt, according to a report by The...

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Borrowers Come Up Short On Home Equity Lines In Pandemic
Borrowers Come Up Short On Home Equity Lines In Pandemic
June 18, 2020  |  Loans

For many Americans, home equity lines of credit aren’t a sure thing right now, with a 19 percent drop nationwide, The Wall Street Journal (WSJ)...

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Bitcoin Daily: Crypto.Com Signs On To Open Payments Coalition; VMWare Exec: Digital Money Needs Stronger Supervision
Bitcoin Daily: Crypto.Com Signs On To Open Payments Coalition; VMWare Exec: Digital Money Needs Stronger...
June 18, 2020  |  Bitcoin

Crypto.com said it has signed on to the Open Payments Coalition with a “commitment to drive open payments globally,” according to an announcement. Get the...

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Albertsons Looks To Raise $1.51B In IPO On A $11.61B Valuation
Albertsons Looks To Raise $1.51B In IPO On A $11.61B Valuation
June 18, 2020  |  IPO

Albertsons Cos., the nation’s second-largest supermarket chain, is preparing for an initial public offering (IPO), according to a U.S. Securities and Exchange Commission (SEC) filing....

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Coronavirus Refunds: LSU Plans To Reimburse Almost $5.2M To Students
Coronavirus Refunds: LSU Plans To Reimburse Almost $5.2M To Students
June 18, 2020  |  Coronavirus

As the pandemic continues to disrupt everyday life the world over, educational institutions are providing refunds. Students at Louisiana State University (LSU), in one case,...

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Surecomp Rolls Out Fastrade Tool For SMB Trade Finance
Surecomp Rolls Out Fastrade Tool For SMB Trade Finance
June 18, 2020  |  B2B Payments

To let financial institutions provide trade finance functions to their small and medium-sized business (SMB) customers, Toronto-based Surecomp has rolled out its Fastrade front office...

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Western Union, AXA Team On Life Insurance Pilot Program
Western Union, AXA Team On Life Insurance Pilot Program
June 18, 2020  |  Partnerships / Acquisitions

Some residents of France who use Western Union online services to wire money to friends and family in certain African countries will be offered free...

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Restaurants, Lawmakers Seek $120B Aid Package
Restaurants, Lawmakers Seek $120B Aid Package
June 18, 2020  |  Economy

The Independent Restaurant Coalition (IRC) has proposed a $120 billion relief package to prevent further closures and job losses due to COVID-19. Get the Full Story Complete...

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Carnival Loses $4.4B As Cruise Industry Sank In Q2
Carnival Loses $4.4B As Cruise Industry Sank In Q2
June 18, 2020  |  Earnings

Carnival Corp. posted a $4.4 billion loss in the second quarter as the cruise industry was docked due to COVD-19, the company reported Thursday (June...

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