US, China Sign Partial Trade Agreement
US, China Sign Partial Trade Agreement
January 15, 2020  |  Economy

The signing of a partial trade agreement between the U.S. and China means goods and services will flow again, but uncertainties could still weigh on...

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Target Posts Surprisingly Sluggish Same-Store Sales Growth
Target Posts Surprisingly Sluggish Same-Store Sales Growth
January 15, 2020  |  Earnings

Retailers having a less than festive holiday season saleswise has become an increasingly repetitive storyline in early 2020, as the earnings results are rolling in...

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Tencent Leads $45M Funding Round For France P2P App Lydia
Tencent Leads $45M Funding Round For France P2P App Lydia
January 15, 2020  |  Investments

French payments startup Lydia closed a $45 million (40 million euro) series B round led by Tencent, with participation from existing investors CNP Assurances, XAnge...

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Former CFPB Dep. Director Named Dept Of Financial Services Advisor
Former CFPB Dep. Director Named Dept Of Financial Services Advisor
January 15, 2020  |  Personnel

The New York Department of Financial Services (DFS) has announced that Leandra English, the former deputy director of the Consumer Financial Protection Bureau (CFPB), has...

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Bank Of America’s Erica Surpasses 10M User Mark
Bank Of America’s Erica Surpasses 10M User Mark
January 15, 2020  |  Earnings

Zelle peer-to-peer (P2P) payments increased 76 percent year-over-year in the fourth quarter of 2019, Bank of America said on Wednesday (Jan. 15), marking the latest growth surge for...

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Alibaba Promises To ‘Transform And Upgrade’ Olympic Games
Alibaba Promises To ‘Transform And Upgrade’ Olympic Games
January 15, 2020  |  International

Chinese tech giant Alibaba has an Olympic sponsorship deal that’s worth hundreds of millions of dollars, and the company said it plans to use its...

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Fed Study: Wholesale Payments Vulnerable In Bank Cyberattack
Fed Study: Wholesale Payments Vulnerable In Bank Cyberattack
January 15, 2020  |  Safety and Security

A pre-mortem analysis sounds … ominous. Mortem, after all, is Latin for “dead.” And the term is attached to a report from the New York Federal...

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Google Improves Search To Make Apparel Easier To Buy
Google Improves Search To Make Apparel Easier To Buy
January 15, 2020  |  Google

Google has updated its search function to make searching for clothing items and accessories easier, the company said in a blog post. The company said...

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Boulevard Taps Ex-Chase Exec To Lead Payments Division
Boulevard Taps Ex-Chase Exec To Lead Payments Division
January 15, 2020  |  Personnel

Boulevard, a provider of back-office management software for the spa and salon industry, appointed Biju Nair as the company’s new vice president of payments, the...

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