News

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RBC Says Amazon’s B2B Unit Will Be Worth $31B By 2023
RBC Says Amazon’s B2B Unit Will Be Worth $31B By 2023
December 06, 2019  |  Amazon

Royal Bank of Canada (RBC) Capital said there’s an overlooked part of Amazon’s ecosphere of services that’s being casually overlooked but will be extremely profitable...

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Fed Study: US Consumers Make Average Monthly Payments Of $3,999
Fed Study: US Consumers Make Average Monthly Payments Of $3,999
December 06, 2019  |  Payment Methods

In the fifth official study conducted by the Federal Reserve Banks of Atlanta, Boston, Richmond and San Francisco, the 2018 Diary of Consumer Payment Choice...

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FTC Issues Opinion On Cambridge Analytica Scandal
FTC Issues Opinion On Cambridge Analytica Scandal
December 06, 2019  |  Security & Fraud

The Federal Trade Commission (FTC) found on Friday (Dec. 6) that British political consulting firm Cambridge Analytica lied to people about the data it was...

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Australian B2B FinTech Tyro Is Bright Spot In IPO Debut
Australian B2B FinTech Tyro Is Bright Spot In IPO Debut
December 06, 2019  |  B2B Payments

Australian B2B FinTech Tyro Payments recently listed on the Australian Securities Exchange (ASX) and saw its share price increase 29 percent above its IPO price...

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Alphabet’s New CEO, Millennial Black Friday Spending And Digital Drivers’ Licenses Top This Week’s News
Alphabet’s New CEO, Millennial Black Friday Spending And Digital Drivers’ Licenses Top This Week’s News
December 06, 2019  |  The Weekender

It’s the end of the workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and...

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Report Shows Businesses Can Easily Pay To Manipulate Social Media
Report Shows Businesses Can Easily Pay To Manipulate Social Media
December 06, 2019  |  Social Commerce

A new report by researchers from the NATO Strategic Communications Center of Excellence showed it is fairly easy to purchase likes and followers on social...

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Top News In Payments: Visa To Begin New Certification Program; Circle Co-Founder To Depart Firm
Top News In Payments: Visa To Begin New Certification Program; Circle Co-Founder To Depart Firm
December 06, 2019  |  News

In today’s top news in payments, Visa has announced it’s going to begin a new certification program in dispute resolution, as well as fund scholarships...

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New Alphabet Boss To Scrutinize High-Tech Ventures?
New Alphabet Boss To Scrutinize High-Tech Ventures?
December 06, 2019  |  Google

It’s not uncommon for new management at a company, upon taking the corner office, to take a look at what he or she has been...

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Deutsche Bank Settles AML Scandal For $16M
Deutsche Bank Settles AML Scandal For $16M
December 06, 2019  |  Bank Regulation

Deutsche Bank has settled a case with Frankfurt prosecutors that involved a raid on its offices and resulted in a huge hit on earnings and...

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