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Post-Wonga Collapse, FCA Scrutinizes Payday Lenders
Post-Wonga Collapse, FCA Scrutinizes Payday Lenders
October 16, 2018  |  Regulation

Britain’s financial regulator has sent a warning to payday lenders after rising complaints following the collapse of Wonga. Get the Full Story Complete the form...

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Bitcoin Daily: Fidelity Unveils Crypto Services Firm; Sony Creates Blockchain-Based Rights System
Bitcoin Daily: Fidelity Unveils Crypto Services Firm; Sony Creates Blockchain-Based Rights System
October 16, 2018  |  Bitcoin

Bitcoin, XRP and Ethereum rose on Monday (Oct. 15) as tether — a digital currency that is reportedly tied to value of the U.S. dollar...

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Amazon Patent Enables Alexa To Detect Illness Via Voice
Amazon Patent Enables Alexa To Detect Illness Via Voice
October 15, 2018  |  Amazon Innovations

Amazon is trying to make Alexa, its voice-activated personal assistant, act as a doctor or nurse, detecting illness by a change in the user’s voice....

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MIT’s New AI School Gets $1B Investment
MIT’s New AI School Gets $1B Investment
October 15, 2018  |  Investments

Massachusetts Institute of Technology (MIT), aiming to take a lead in educating on artificial intelligence, machine learning and advanced computing, is creating a new college...

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Apple’s iPhone Demand Falls In China
Apple’s iPhone Demand Falls In China
October 15, 2018  |  Apple

Thanks to a decline in demand for Apple’s iPhones in China, Goldman Sachs is warning the iPhone maker could post earnings that disappoint. Get the...

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Bank Of America’s Zelle Boosts P2P Transactions 138 Pct In Q3
Bank Of America’s Zelle Boosts P2P Transactions 138 Pct In Q3
October 15, 2018  |  Earnings

It’s the start of the new earnings season, and Bank of America, among the first companies out of the gate, set a positive tone Monday...

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Retail Sales Reach $509B In September
Retail Sales Reach $509B In September
October 15, 2018  |  Retail

Falling short of economists’ expectations, retail store and restaurant sales grew by only 0.1 percent from August to September to reach a seasonally adjusted figure...

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Sears Files For Bankruptcy; To Close 142 Stores
Sears Files For Bankruptcy; To Close 142 Stores
October 15, 2018  |  Retail

Sears Holdings made it official, filing for Chapter 11 bankruptcy Monday  (October 15), gearing up to close 142 stores after decades of declining revenue and...

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Barclays Rivals Goldman’s Marcus With Digital Bank
Barclays Rivals Goldman’s Marcus With Digital Bank
October 15, 2018  |  Digital Banking

Barclays is ready to offer U.S. consumers a low-cost, digital-only bank that will directly compete with Goldman Sachs‘s Marcus brand. Barry Rodrigues, CEO of cards and...

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