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Truist Sets Aside $844M For Bad Loans Amid Weak Q2 Consumer Business

Truist Sets Aside $844M For Bad Loans Amid Weak Q2 Consumer Business
Truist Sets Aside $844M For Bad Loans Amid Weak Q2 Consumer Business
July 16, 2020  |  Earnings

Charlotte, North Carolina-based Truist Financial Corp. on Thursday (July 16) became the latest bank to report some good news in its second-quarter results, but there...

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The Great Twitter Hack And Power Of Social Engineering
The Great Twitter Hack And Power Of Social Engineering
July 16, 2020  |  Security & Fraud

As of 2020, high-profile hacks are no longer a massive surprise. A hundred thousand data breaches after the great Target breach of late 2013, and...

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Flipkart Debuts Partial Payments To Reduce Cancellations, Returns
Flipkart Debuts Partial Payments To Reduce Cancellations, Returns
July 16, 2020  |  eCommerce

Flipkart has launched a payment method that lets customers pay for a portion of a product upfront and the rest on delivery, Business Standard reported....

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Facebook Expands Instagram Shopping And Payment Options
Facebook Expands Instagram Shopping And Payment Options
July 16, 2020  |  Social Commerce

Don’t look now, but Facebook just took another big step into the world of online shopping and digital payments. Get the Full Story Complete the...

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Facebook To Roll Out ‘Instagram Reels’ As A TikTok Rival
Facebook To Roll Out ‘Instagram Reels’ As A TikTok Rival
July 16, 2020  |  Facebook

At a time when TikTok encounters questions from the U.S. government regarding its use of user information, Facebook plans to soon roll out a similar service called...

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Fidel Targets US Market In Expansion Of Card-Linking Technology
Fidel Targets US Market In Expansion Of Card-Linking Technology
July 16, 2020  |  International

U.K.-based Fidel, which builds out tech infrastructure for card-based loyalty reward programs, is jumping across the pond to expand into the U.S. market, while also...

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Care.com Pays $1M Settlement Over Auto Renewal, Background Check Allegations
Care.com Pays $1M Settlement Over Auto Renewal, Background Check Allegations
July 16, 2020  |  Legal

Online babysitting advisor Care.com agreed this week to pay $1 million to two California jurisdictions that alleged the company failed to conduct background checks it...

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Tencent’s WeChat Minishop Enables Merchants To Create Virtual Stores
Tencent’s WeChat Minishop Enables Merchants To Create Virtual Stores
July 16, 2020  |  eCommerce

Tencent Holdings Ltd., the Chinese technology company, has launched tools to assist merchants with building virtual stores on its WeChat messaging service, CNBC reported. Get...

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