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‘Rent-a-Bank’ Lending Practices Trigger Calls For Regulation

‘Rent-a-Bank’ Lending Practices Trigger Calls For Regulation
‘Rent-a-Bank’ Lending Practices Trigger Calls For Regulation
March 11, 2020  |  Loans

Consumer advocates are pushing federal banking regulators to do something about rent-a-banks with notoriously sky-high loan rates that prey on people with bad credit, the...

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AML Probe Into Swedbank Turns Up $4.8M In Possible Violations
AML Probe Into Swedbank Turns Up $4.8M In Possible Violations
March 11, 2020  |  Cybersecurity

The Swedbank anti-money laundering (AML) probe by the law firm Clifford Chance has uncovered 586 transactions totaling roughly $4.8 million in possible U.S. sanction violations,...

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US Readies Economic Stimulus To Woo Consumer Spending Out Of Hiding
US Readies Economic Stimulus To Woo Consumer Spending Out Of Hiding
March 11, 2020  |  Economy

It’s almost impossible to look away from the screens of red (sometimes, though, they’re green for an instant) that dominate stock markets. Get the Full...

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Mixed Bag For 2019 Retail IPO Stars
Mixed Bag For 2019 Retail IPO Stars
March 11, 2020  |  Retail

The volatile, COVID-driven stock market has had a mixed effect on the retail IPO class of 2019. The big three initial public offerings — The...

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Knight Dragon Turns To Rental Units Amid Sluggish London Market
Knight Dragon Turns To Rental Units Amid Sluggish London Market
March 11, 2020  |  Retail

Amid London’s sluggish home sales market, billionaire Henry Cheng Kar-Shun’s firm intends to create its inaugural rental homes at an East London development. Knight Dragon...

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Car Vending Machine Company Carvana Goes Up Against Wall Street
Car Vending Machine Company Carvana Goes Up Against Wall Street
March 11, 2020  |  Retail

Wall Street is a tough master, especially for eCommerce companies. Just ask Carvana, the leading online automotive seller and a major force in changing the...

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Discount Retailers Move Away From eCommerce
Discount Retailers Move Away From eCommerce
March 11, 2020  |  Retail

If it weren’t for a certain pandemic that is dominating most news, the two biggest stories in retail over the past week would have been...

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Tapping Tech To Combat Turbulence
Tapping Tech To Combat Turbulence
March 11, 2020  |  Today In Data

The ride into 2020 has been bumpy to say the least, and beset with challenges. Some were known issues. Payments security, solving the byzantine world of healthcare payments, expanding the...

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