BBVA Buys Openpay As It Aims To Boost Digital Business Portfolio
BBVA Buys Openpay As It Aims To Boost Digital Business Portfolio
January 04, 2017  |  Partnerships / Acquisitions

BBVA announced Tuesday (Jan. 3) it inked an agreement to buy Openpay, a startup in Mexico that offers online payments. In a press release, BBVA...

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Reliance On Card Data ‘Sneak Peeks’ Is Making Retail Stocks Volatile
Reliance On Card Data ‘Sneak Peeks’ Is Making Retail Stocks Volatile
January 04, 2017  |  Investments

Once upon a time, investors in retail stocks counted cars in parking lots, measured mall foot traffic and kept an eye out for discounts to...

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Amazon 1-Click Patent Expires In 2017
Amazon 1-Click Patent Expires In 2017
January 04, 2017  |  Amazon

Soon, online payments might get more frictionless. Amazon’s patent on its 1-Click payment system will expire this year, meaning online buyers could soon see many...

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Monese Raises $10M To Expand Mobile Banking
Monese Raises $10M To Expand Mobile Banking
January 04, 2017  |  Investments

London-based digital banking startup Monese has raised $10 million in a Series A, with investments coming from Anthemis Exponential Ventures, Korea Investment Partners and STE...

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Sapphire Reserve’s Super-Sized Rewards Are Getting Scaled Back
Sapphire Reserve’s Super-Sized Rewards Are Getting Scaled Back
January 04, 2017  |  Loyalty & Rewards

For those who specialize in “points hacking” — a completely legal exercise in trying to maximally combine card program rewards points and programs — the Sapphire Reserve Card...

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CFPB Fines Equifax, TransUnion For Misleading Consumers
CFPB Fines Equifax, TransUnion For Misleading Consumers
January 04, 2017  |  CFPB

The Consumer Financial Protection Bureau said Tuesday (Jan. 3) that it has fined TransUnion and Equifax amid allegations that the two companies misled consumers about...

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Addison Lee Buys Flyte Tyme To Expand In US
Addison Lee Buys Flyte Tyme To Expand In US
January 04, 2017  |  Partnerships / Acquisitions

Addison Lee, a minicab company headquartered in London and owned by The Carlyle Group, has inked a deal to acquire Flyte Tyme, a U.S.-based competitor....

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