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Citi: Spending Decelerates as Consumers Grow More Cautious
Citi: Spending Decelerates as Consumers Grow More Cautious
October 13, 2023  |  Earnings

Consumer spending is still growing but slowing, especially among those with lower FICO scores, Citi reported Friday (Oct. 13). Get the Full Story Complete the...

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Harman Launches Generative AI Solution for Healthcare Enterprises
Harman Launches Generative AI Solution for Healthcare Enterprises
October 13, 2023  |  artificial intelligence

Harman, a subsidiary of Samsung Electronics, has introduced a generative artificial intelligence (AI) solution for healthcare enterprises. Get the Full Story Complete the form to unlock...

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Wells Fargo Expects Continued Slowing of the Economy 
Wells Fargo Expects Continued Slowing of the Economy 
October 13, 2023  |  Earnings

Wells Fargo saw net charge-offs increase, loan demand decrease and average deposits decline during the third quarter.  Get the Full Story Complete the form to unlock...

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NMI Expands Underwriting Capabilities With Acquisition of Sphere’s Commercial Division
NMI Expands Underwriting Capabilities With Acquisition of Sphere’s Commercial Division
October 13, 2023  |  Acquisitions

NMI, a full commerce enablement technology company, has acquired software and payments technology company Sphere’s Commercial Division. Get the Full Story Complete the form to unlock...

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Banking Industry Pushes Back Against Proposed Capital Rules
Banking Industry Pushes Back Against Proposed Capital Rules
October 13, 2023  |  Bank Regulation

Two of the largest U.S. banks said capital rules proposed by U.S. regulators could have significant impacts on credit availability and pricing for businesses and...

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Tether Appoints Chief Technology Officer Paolo Ardoino as New CEO
Tether Appoints Chief Technology Officer Paolo Ardoino as New CEO
October 13, 2023  |  Personnel

Stablecoin provider Tether has appointed its chief technology officer, Paolo Ardoino, as its new CEO, effective from December.  Get the Full Story Complete the form to unlock this...

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Budget-Conscious Chinese Consumers Drive Sales for Value-Focused Companies
Budget-Conscious Chinese Consumers Drive Sales for Value-Focused Companies
October 13, 2023  |  Retail

Companies that cater to budget-conscious Chinese consumers have reportedly seen sales soar, while their upmarket rivals have struggled to keep up. Get the Full Story...

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Fiserv Strengthens Distribution Network in Brazil With Skytef Acquisition
Fiserv Strengthens Distribution Network in Brazil With Skytef Acquisition
October 13, 2023  |  Acquisitions

Global payments and financial technology company Fiserv has acquired Skytef, the primary distributor of Software Express payment solution SiTef. Get the Full Story Complete the form to unlock this...

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TIDAL Owner Block Acquires Artist-Oriented Financial Product Provider HIFI
TIDAL Owner Block Acquires Artist-Oriented Financial Product Provider HIFI
October 13, 2023  |  Acquisitions

Block has acquired HIFI, a firm that provides financial products for music artists and their teams. Get the Full Story Complete the form to unlock...

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