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Today In Digital-First Banking: Step Lands $50 Million Investment; EWS, TCH Enable Zelle Payments Via RTP Network
Today In Digital-First Banking: Step Lands $50 Million Investment; EWS, TCH Enable Zelle Payments Via...
February 25, 2021  |  Digital Banking

In today’s top news in digital-first banking, Step has notched $50 million in a Series B funding round, while Early Warning Services and The Clearing...

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Ex-Google Chief Eric Schmidt Warns Of China’s Tech Advances
Ex-Google Chief Eric Schmidt Warns Of China’s Tech Advances
February 25, 2021  |  International

Google’s former CEO told Congress there is an urgent need to increase the pace of technology innovation to keep up with China. The threat of...

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Social Media Will Soon Face Tough New Regulations In India
Social Media Will Soon Face Tough New Regulations In India
February 25, 2021  |  Regulation

The Indian government is instituting new regulations that will increase the oversight of social media platforms, streaming services and news outlets, the Financial Times (FT)...

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JPMorgan To Support Minority-Owned SMBs With $350 Million Commitment
JPMorgan To Support Minority-Owned SMBs With $350 Million Commitment
February 25, 2021  |  Banking

J.P. Morgan Chase has committed $350 million over the next five years to help Black, Latinx and women-owned small businesses recover from the COVID-19 pandemic...

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Varo Bank Launches Visa Program To Help People Build Credit
Varo Bank Launches Visa Program To Help People Build Credit
February 25, 2021  |  Financial Inclusion

FinTech startup Varo Bank is launching a program to help people build credit or improve their scores, the digital lender said in a press release...

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Featurespace Releases Machine Learning-Based Anti-Fraud System
Featurespace Releases Machine Learning-Based Anti-Fraud System
February 25, 2021  |  Security & Fraud

U.K.-based  Featurespace, which offers anti-fraud systems for financial institutions (FIs), on Thursday (Feb. 25) released its “Automated Deep Behavioral Networks” package. In a press release,...

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Wayfair, Best Buy Outlooks Suggest Fading Of COVID Nesting Trend
Wayfair, Best Buy Outlooks Suggest Fading Of COVID Nesting Trend
February 25, 2021  |  Retail

The fourth-quarter earnings at two of the country’s largest sellers of home goods and electronics both benefited from the so-called COVID nesting trend, but the...

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Consumer Interest In Retail And Banking Innovations
Consumer Interest In Retail And Banking Innovations
February 25, 2021  |  Today In Data

Streaming commerce upstart TalkShop.Live is gaining converts and conversations, as well as a recent infusion of seed capital. In retail earnings, Lowe’s reported a rise in total sales for its...

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TJX Touts Strength Of HomeGoods Unit, Awaits Return Of ‘Revenge Shopper’
TJX Touts Strength Of HomeGoods Unit, Awaits Return Of ‘Revenge Shopper’
February 25, 2021  |  Retail

Given that roughly 15 percent, or 690, of TJX Corporation’s off-price retail stores in Europe and Canada are currently still closed due to pandemic restrictions,...

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