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364BitcoinElon Musk Stirs Twitter Pot Again — But This Time, It Won’t Cost $40 Million
An Elon Musk message on Twitter – apparently a joke about bitcoin that fell flat – ended up causing the messaging and social...
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654Partnerships / AcquisitionsLyft Buys Blue Vision Labs For $72 Million
Lyft, the ride-hailing startup that is expected to launch an initial public offering (IPO) next year, has reportedly acquired Blue Vision Labs,...
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679Partnerships / AcquisitionsJPMorgan And Plaid Inc. In Data Sharing Deal
JPMorgan Chase & Co. has inked a data sharing deal with Plaid Inc., the FinTech that connects banks with financial technology applications. Bloomberg, citing the...
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661InvestmentsVisa Makes Minority Investment In Brazil Payment Company Conductor
Visa, the payments company, announced Tuesday (October 23) a strategic minority investment in Conductor, a digital payments processing technology platform in Brazil. In...
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650InnovationQualcomm Rolls Out Reference Design For Bluetooth Headset With Alexa
Qualcomm Technologies, a unit of chipmaker Qualcomm, announced Tuesday (October 23) the launch of a Bluetooth smart headset reference design featuring push-button...
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592VISAVisa Announces Continued Support For EMV Secure Remote Commerce Specification
Visa, the payments company, announced Tuesday (Oct. 23) that it continues to support the draft of the EMV Secure Remote Commerce (SRC)...
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630RetailWalmart Expands Free Two-Day Shipping To Marketplace Items
Aiming to increase the number of items that can be shipped in two days, Walmart announced Tuesday (Oct. 23) that it is...
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558Subscription CommerceHelios And Matheson Analytics Announces Plans To Spin Off MoviePass
Helios and Matheson Analytics, the parent company of MoviePass, announced Tuesday (Oct. 23) that the board has signed off on a preliminarily...
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617RetailAnalyst Cuts Amazon Estimates Amid Potential USPS Rate Hike
With a potential increase in U.S. Postal Service fees on the horizon, Credit Suisse Analyst Stephen Ju is reducing his estimates for...
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662RetailAmazon’s HQ2 Hunt Has Real Estate Investors Making Bets
Even before Amazon names the city where it will put its second headquarters, investors are already looking for cash commitments and capital to...
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646B2B PaymentsFleet Drivers Brace For Brexit Complexities
A no-deal Brexit scenario would bury fleet companies in “red tape and paperwork,” according to the Freight Transport Association’s Head of European...
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767BankingBanks’ Low Interest Rates Costing Them Deposits
The country’s four largest banks reported a combined 5 percent drop in U.S. deposits that earned no interest in the third quarter,...
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1.0KBitcoinBitcoin Daily: Bank Of Canada Tests DLT; Crypto Startup Uphold Gets Into Loans
The SBI Group plans to license Sepior ApS’ wallet technology to use in its own wallet, which will become a part of...
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953RegulationWells’ ‘Cross-Selling’ Biz Draws $65M Fine
The New York Attorney General announced that Wells Fargo & Company has agreed to pay a $65 million fine in connection with...
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1.4KAmazonAmazon Echo: America’s Most Popular Smart Speaker
A new survey says that the most popular smart speaker model in the U.S. is the Amazon Echo. According to Strategy Analytics’...
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1.2KSecurity & FraudScandal-Ridden Danske Handled More Than $1T In X-Border Payments
Danske Bank, which is involved in a 200 billion euro ($230 billion) money laundering scandal in Estonia, revealed that it processed more...
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1.4KBankingGoldman Reassigns Online Bank Marcus To Wealth Unit
Goldman Sachs is moving its Marcus business line into its wealth-management unit. According to an internal memo seen by Bloomberg, the firm’s...
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2.1KStartupsMax Levchin’s Affirm To Open HQ2 In Pittsburgh
Affirm, founded by entrepreneur Max Levchin to provide fair alternative credit, has announced that it is opening its second corporate headquarters (HQ2)...
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1.7KGoogleGoogle Loses Anticompetitive Lawsuit Vs. Portuguese App
A Portuguese court has ruled against Alphabet’s Google in a landmark case involving a local app. Portuguese app store Aptoide revealed that...
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1.6KConsumer InsightsTeens Love Instagram More Than Snapchat
Instagram, the photo-sharing social media network operator owned by Facebook, has surpassed Snapchat as the most frequented social media platform among teenagers....
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1.6KMastercardMastercard On Why It Supports EMV Secure Remote Commerce Specification
Mastercard, the digital payments company, made the case in a blog post Monday (Oct. 22) on why it supports EMVCo’s release of...
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1.6KAppleApple’s Search Ad Business Could Hit Nearly $2B By 2020
Apple’s search ad business could be a money maker for the Cupertino, California iPhone maker in the years to come, with Wall...
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2.0KAlternative FinancesPayPal Invests In Emerging Markets Lending App Tala
Tala, the consumer lending app in emerging markets, announced Monday (Oct. 22) a strategic investment from PayPal. In a press release, Tala...
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1.9KPartnerships / AcquisitionsNCR To Buy Payment Processing Firm JetPay
NCR is expanding further into payments. The U.S.-based firm said Monday (Oct. 22) that it will buy Pennsylvania-based JetPay, “a provider of...
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1.2KRetail‘Eco-Conscious’ Shops Emerge To Battle Food Waste
To tackle the problem of food waste, entrepreneurs are turning to a new business model in the grocery space, by creating concepts...
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1.0KRetailHasbro Earnings Fall Short Of Q3 Estimates
With the fall of Toys R Us impacting sales, Hasbro fell short of third-quarter earnings and revenue estimates. The company reported revenues...
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1.1KRetailSears Nixes Printed Holiday Catalog
Sears Holdings Corp. is not publishing its iconic holiday catalog this year. According to the Chicago Tribune, the Wish Book will still...
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1.1KSecurity & FraudSWIFT Launches Payment Controls To Beef Up Protections
SWIFT announced Monday (October 22) the launch of Payment Controls, a new in-network solution to combat fraudulent payments and to help strengthen...
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1.3KNewsMarqeta Expanding Overseas, Sets Up Shop In The UK
Marqeta, a U.S. financial technology startup backed by Goldman Sachs, is expanding overseas. Investing.com, citing a Reuters report, said that the company,...
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1.9KVISAVisa B2B Connect To Use Digital IDs For X-Border Payments
Visa has announced new product details in anticipation of the first quarter 2019 launch of its new cross-border B2B payments solution B2B...
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3.6KConsumer FinanceFICO To Debut New Credit Scoring System In 2019
Fair Isaac, creator of the FICO credit score, will be rolling out a new scoring system in early 2019. According to the...
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3.5KFacebookFacebook Is Looking To Buy A Cybersecurity Company
Facebook is reportedly gearing up to acquire a cybersecurity company in an effort to assure users that security is a top priority...
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3.5KBrexitJaguar CEO: Hard Brexit Could Spark Huge Job Losses
The CEO of Jaguar Land Rover has warned that key industries will be destroyed by a hard Brexit. Last month it was...
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2.6KSecurity & FraudCMS Healthcare Portal For Insurance Agents Hacked
The Centers for Medicare and Medicaid Services announced Friday (October 19) that a government portal that insurance agents and brokers use to...
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1.9KCross Border CommerceSWIFT Successfully Tests Instant X-Border Payments
SWIFT announced Sunday (October 21) successful test results of its new instant cross-border payments proof of concept, involving banks in China, Singapore,...
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2.0KBankingConcerns Mount That Small Banks Are Taking On Excessive Real Estate Loan Risk
Bank OZK, the Arkansas lender, saw its stocks plunge late last week after it took a more than $45 million write-down on...
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1.9KGoogleGoogle To Charge Hardware Companies To Use Its Apps To Comply With EU
Alphabet’s Google is gearing up to charge hardware companies as much as $40 per device to use its mobile apps as part...
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1.6KSecurity & FraudApple’s CEO Wants Bloomberg To Retract China Hack Story
Apple’s chief executive Tim Cook is calling for Bloomberg to retract a story that claimed the company was the victim of an...
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2.1KFintech InvestmentsJPMorgan To Open FinTech Office In Silicon Valley
JPMorgan Chase is doubling down with its FinTech aspirations, gearing up to start development of a new FinTech corporate campus in the...
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3.0KBitcoinBitcoin Daily: Feds Promise AML Crypto Regulation By June 2019
The Financial Action Task Force (FATF) announced that it will get one step closer to creating international standards for cryptocurrency when it...
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3.1KInternationalIndia’s RBI Wants Its Governor To Lead Payments Regulator
Following the proposal of a payments regulator to be established independent of the Reserve Bank of India (RBI), the central bank has...
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2.4KPayments InnovationPayPal Shares Jump On Positive Venmo, Earnings News
Following a third-quarter earnings and revenue beat as well as a strong quarter for Venmo, shares of PayPal jumped 9 percent on...
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2.9KAmazonSite Visits Fuel Anticipation For Amazon’s HQ2
Adding to the anticipation for a decision on its $5 billion HQ2 project, Amazon has reportedly made visits to multiple finalists. According...
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2.9KEMVEMVCo Releases Draft EMV Secure Remote Commerce Specs
To open its EMV® Secure Remote Commerce (SRC) specification for public comment for a 45-day period, secure payments enabler EMVCo has issued...
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3.2KCryptocurrencyNorth Korean Hacking Group Lazarus Takes In $571M
Internet hackers have pilfered $882 million of digital currency from crypto exchanges since last year, but one group in particular has netted...
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2.5KRetailJD.com To Add Parcel Delivery Service
To take advantage of its warehouse and driver network, JD.com plans to add a parcel delivery service to its lineup. The offering...
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1.5KRetailAlsea Will Operate Some Starbucks Locations In Europe
While Starbucks aims to streamline its operations in places that are seeing challenges with sales, the coffee chain plans to give a...
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1.6KRetailRent The Runway Sets Up Drop Boxes Across U.S.
Rent the Runway announced that it is setting up drop boxes at 15 WeWork locations across the U.S. The drop boxes will...
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1.5KEarningsAmex Reports Card Member Spending Up 8 Pct In 3Q
American Express posted results Thursday (Oct. 18) that showed increases in card member spending and a boost in lending activity. Overall, billed...
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1.7KInternationalChina’s Economy Has Slowest Pace Of Growth Since Early 2009
Faced with growth that is slowing, increasing debt and a trade war with the U.S., the economy in China is starting to...
