Report: First Republic Could Get Rescue From Banking Giants
Report: First Republic Could Get Rescue From Banking Giants
March 16, 2023  |  Digital-First Banking

America’s largest lenders are reportedly considering a plan to rescue the embattled First Republic Bank. JPMorgan Chase, Bank of America and Wells Fargo are working together to offer a capital...

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Fr8Tech Launches Digital Freight-Matching Platform for LTL Services in Mexico
Fr8Tech Launches Digital Freight-Matching Platform for LTL Services in Mexico
March 16, 2023  |  Shipping

Freight Technologies (Fr8Tech) has launched a digital freight-matching platform offering less-than-truckload services (LTL) in Mexico. The new Fr8Now platform uses machine learning (ML) algorithms to...

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Consumers Willing to Trade Convenience to Better Protect Private Data
Consumers Willing to Trade Convenience to Better Protect Private Data
March 16, 2023  |  Digital Banking

Consumers across age, income and lifestyle demographics are concerned about the safety of their personal information. When it comes to consumer-facing sectors such as retail...

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SVB’s Failure Could Doom Affordable Housing Projects
SVB’s Failure Could Doom Affordable Housing Projects
March 16, 2023  |  Banking

Silicon Valley Bank’s collapse could have grim implications for Bay Area affordable housing projects. While the bank was known for funding tech startups, it also...

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Amazon Sets 2024 Launch Date for Internet-From-Space Broadband Service 
Amazon Sets 2024 Launch Date for Internet-From-Space Broadband Service 
March 16, 2023  |  Amazon

The prospects for global broadband connectivity are looking up, quite literally. This, as Amazon on Tuesday (March 14) revealed a first look of the latest progress in...

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Retailers Rethink Strategies as Consumer Spending Sinks
Retailers Rethink Strategies as Consumer Spending Sinks
March 16, 2023  |  Retail

January’s consumer spending numbers have turned out to be a temporary reprieve, as customers continue to cut back. The most recent Commerce Department spending numbers...

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Blue Apron Willing to Lose Customers to Boost Profitability
Blue Apron Willing to Lose Customers to Boost Profitability
March 16, 2023  |  Earnings

As Blue Apron looks to improve its margins, the company is making some difficult tradeoffs. On a call with analysts Thursday (March 16) discussing the...

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SVB Collapse May Be the Final Nail in Boxed’s Coffin
SVB Collapse May Be the Final Nail in Boxed’s Coffin
March 16, 2023  |  Retail

Boxed may file for bankruptcy as the SVB collapse exacerbates existing economic challenges. The bulk eCommerce grocer and retailer (which also has a software and services...

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Tamara Secures Debt Financing to Expand BNPL in GCC Region
Tamara Secures Debt Financing to Expand BNPL in GCC Region
March 16, 2023  |  Investments

Tamara has secured $150 million in debt financing for its shopping and payments platform. The firm, which serves consumers in the Gulf Cooperation Council (GCC)...

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