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Wealthfront FinTech Rolls Out Debit Account Capability

Wealthfront FinTech Rolls Out Debit Account Capability
Wealthfront FinTech Rolls Out Debit Account Capability
June 29, 2020  |  Banking

Wealthfront, the online investment service firm, has added checking features to its app. Get the Full Story Complete the form to unlock this article and...

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WEX Gets $400M From Warburg Pincus To Boost Operations
WEX Gets $400M From Warburg Pincus To Boost Operations
June 29, 2020  |  B2B Payments

WEX has reported a $400 million investment from a partner of Warburg Pincus, which the financial services tech firm will use to continue operations amid...

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Supreme Court Rules CFPB Structure Unconstitutional
Supreme Court Rules CFPB Structure Unconstitutional
June 29, 2020  |  CFPB

After years of debate about the U.S. Consumer Finance Protection Bureau (CFPB)’s legality, the U.S. Supreme Court ruled 5-4 on Monday (June 29) that the...

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US Jobless Rate Reportedly Surpasses 47 Pct Of Population
US Jobless Rate Reportedly Surpasses 47 Pct Of Population
June 29, 2020  |  Economy

The U.S. Department of Labor (DOL) said the nation’s unemployment rate was 13.3 percent in May, but a closer look shows that the number is...

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Lululemon Enters Deal To Buy Interactive Fitness Firm MIRROR For $500M
Lululemon Enters Deal To Buy Interactive Fitness Firm MIRROR For $500M
June 29, 2020  |  Partnerships

Lululemon has entered into an agreement to buy in-home fitness company MIRROR for $500 million, according to a Monday (June 29)  press release. Get the Full...

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FICO’s Resilience Index Predicts Borrowers’ Risk During Economic Uncertainty
FICO’s Resilience Index Predicts Borrowers’ Risk During Economic Uncertainty
June 29, 2020  |  Consumer Finance

In an effort to keep credit flowing amid uncertain economic conditions, FICO has unveiled its FICO Resilience Index. The tool is meant to complement the FICO...

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Fed’s Powell: Path Forward Under Coronavirus Remains Uncertain
Fed’s Powell: Path Forward Under Coronavirus Remains Uncertain
June 29, 2020  |  Economy

With the coronavirus still surging in the United States, Federal Reserve Chairman Jerome Powell is unsure about how the economy will fully recover, CNBC reports....

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UK Digital Banking Apps Affected By Wirecard Subsidiary Freeze
UK Digital Banking Apps Affected By Wirecard Subsidiary Freeze
June 29, 2020  |  Cybersecurity

After the U.K.’s Financial Conduct Authority (FCA) mandated that Wirecard’s British Wirecard Card Solutions unit stop conducting regulated work, a number of consumers in the...

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