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Kohl’s Redoubles Omnichannel Efforts Amid Rise In Digital Sales
Kohl’s Redoubles Omnichannel Efforts Amid Rise In Digital Sales
March 05, 2019  |  Earnings

Amid a double-digit increase in digital sales and a focus on omnichannel efforts, Kohl’s Corporation beat analysts’ top-line revenue and earnings estimates for the fourth-quarter...

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JPMorgan Pulls Out Of Private Prison Industry
JPMorgan Pulls Out Of Private Prison Industry
March 05, 2019  |  Banking

JPMorgan, the biggest bank in the United States by assets, has announced it will no longer finance the private prison industry, according to reports. Get...

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Amazon Mexico: Gov’t Explores Mobile Payments Play
Amazon Mexico: Gov’t Explores Mobile Payments Play
March 05, 2019  |  Amazon

The Mexican central bank and Amazon are in talks to introduce a government-approved mobile payment system, according to reports. The system would involve users paying...

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RBI Fines 19 Lenders For SWIFT Non-Compliance
RBI Fines 19 Lenders For SWIFT Non-Compliance
March 05, 2019  |  Regulation

The Reserve Bank of India (RBI), the country’s central banking institution, has fined almost 20 lenders, including the State Bank of India and ICICI Bank,...

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NFC Forum Shares Specs For QR Codes Alternative
NFC Forum Shares Specs For QR Codes Alternative
March 05, 2019  |  Payment Methods

The NFC Forum, the standards and advocacy association for Near-Field Communication (NFC) technology, released its NFC Money Transfer Candidate Specification (NMT) on Tuesday (March 5), giving...

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Barclays Combining Pingit, BPay To Compete With Apple
Barclays Combining Pingit, BPay To Compete With Apple
March 05, 2019  |  Banking

Barclays Bank is going to merge its two payment apps into one, in an attempt to be more competitive in the payments field, according to...

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Certify Merges With Chrome River In $1B Deal
Certify Merges With Chrome River In $1B Deal
March 05, 2019  |  Partnerships / Acquisitions

Certify and Chrome River Technologies, two leading travel, expense and invoice management software companies, have announced a $1 billion merger. Get the Full Story Complete the...

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Chime Valued At $1.5B After Capital Raise
Chime Valued At $1.5B After Capital Raise
March 05, 2019  |  Investments

Chime, the challenger bank based in the U.S., now has a valuation of $1.5 billion after raising $200 million in venture funding. Get the Full...

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US Credit Card Balances End Year At $870B Record High
US Credit Card Balances End Year At $870B Record High
March 05, 2019  |  Consumer Finance

Credit card debt in the U.S. reached $870 billion at the end of last year, setting a record. Get the Full Story Complete the form...

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