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Shipping Co XPO Refinances $1B After Amazon Pulls Biz

Shipping Co XPO Refinances $1B After Amazon Pulls Biz
Shipping Co XPO Refinances $1B After Amazon Pulls Biz
February 19, 2019  |  Loans

A global shipping company is reeling after Amazon apparently pulled business to focus on its own logistics, according to a report from Bloomberg. Get the...

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Alibaba Invests: China International Capital
Alibaba Invests: China International Capital
February 19, 2019  |  Investments

Alibaba, the Chinese eCommerce giant, has increased its stake in China International Capital Corp. to close to 12 percent, reported Reuters. Get the Full Story...

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HSBC May Hold Off On Investments As China, UK Growth Slows
HSBC May Hold Off On Investments As China, UK Growth Slows
February 19, 2019  |  Investments

HSBC, the global bank, expressed caution on Tuesday (Feb. 19) that it may be forced to put off some investments in 2019 as it contends...

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Fingerprint Cards Unveils Biometric Platform; TransferTo Becomes Two Brands
Fingerprint Cards Unveils Biometric Platform; TransferTo Becomes Two Brands
February 19, 2019  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Sweden’s Fingerprint Cards AB unveiling a biometric software platform for...

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Can Retailers Push Back Against Surging Account Takeovers?
Can Retailers Push Back Against Surging Account Takeovers?
February 19, 2019  |  Fraud Prevention

Account takeovers are becoming bigger business for criminals — or, at least, the business of preventing account takeovers in the digital retail and payments realm...

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Mexico Sets Its Sights On FinTech Firms To End Poverty
Mexico Sets Its Sights On FinTech Firms To End Poverty
February 19, 2019  |  International

Mexico’s new government, led by President Andres Manuel Lopez Obrador, is setting its sights on financial technology to get the country out of poverty. Get the...

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Walmart US eCommerce Sales Surge 43 Pct
Walmart US eCommerce Sales Surge 43 Pct
February 19, 2019  |  Earnings

Retail giant Walmart posted fiscal 2019 fourth quarter results that topped expectations amid strong holiday spending and U.S. eCommerce sales that logged 43 percent growth...

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Danske Bank Ordered To Shut Down Estonian Branch
Danske Bank Ordered To Shut Down Estonian Branch
February 19, 2019  |  Security & Fraud

Danske Bank was ordered by Estonia to shutter its local branch at the center of a money-laundering scandal, and has been given only a few...

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Visa, Lloyds Pilot New Cash Scheme To Boost Access
Visa, Lloyds Pilot New Cash Scheme To Boost Access
February 19, 2019  |  Banking

Lloyds Banking Group, the U.K. bank, announced Tuesday (Feb. 19) a partnership with Visa in which the two have launched a new pilot scheme aimed...

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