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Alibaba Sets $30.8B Singles Day Sales Record

Alibaba Sets $30.8B Singles Day Sales Record
Alibaba Sets $30.8B Singles Day Sales Record
November 12, 2018  |  Retail

Alibaba has set a new Singles Day sales record, generating more than $30.8 billion during the 24-hour shopping event. Get the Full Story Complete the...

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Online Lender SoFi Sees $12M Loss In Q3
Online Lender SoFi Sees $12M Loss In Q3
November 12, 2018  |  Earnings

Online lender Social Finance (SoFi) continues to struggle, recording an adjusted loss of around $12 million during the third quarter before interest, taxes, depreciation and amortization. The...

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Bitcoin Daily: South Korean Crypto Startup Steals $2.7M In Exit Scam; Venezuela Wants World’s Oil Market To Use Petro
Bitcoin Daily: South Korean Crypto Startup Steals $2.7M In Exit Scam; Venezuela Wants World’s Oil...
November 12, 2018  |  Bitcoin

Another exit scam has hit the crypto world. This time, South Korean blockchain company Pure Bit has reportedly stolen $2.7 million worth of investors’ money...

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NEW DATA: With Wages And Hopes High, Why Are Consumers Behind On Bills?
NEW DATA: With Wages And Hopes High, Why Are Consumers Behind On Bills?
November 12, 2018  |  Consumer Finance

The numbers are in, and the economy is looking up: Gross domestic product (GDP) is increasing fast, wages are rising and the unemployment rate is...

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What’s Good For Veterans Can Be Very Good For Businesses
What’s Good For Veterans Can Be Very Good For Businesses
November 12, 2018  |  Consumer Authentication

It started in the early 1980s: The nation began to repent for what was commonly viewed as the shabby treatment of Vietnam War veterans. It...

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PODCAST: Why Merchants Should Go ‘Auth Shopping’
PODCAST: Why Merchants Should Go ‘Auth Shopping’
November 12, 2018  |  Merchant Innovation

Decline rates are on the rise, reaching 30 percent of CNP transactions, depending on where one looks. Bruce Parker, CEO of ModoPayments, said that’s a...

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First Data CEO On The Value Of Veterans
First Data CEO On The Value Of Veterans
November 12, 2018  |  SMBs

Veterans Day is Nov.11 in the U.S. — a day set aside each year since 1954 to honor all those who have served in the military....

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How Neiman Marcus Safeguards Purchases When Sales Surge
How Neiman Marcus Safeguards Purchases When Sales Surge
November 12, 2018  |  Security & Fraud

Cyberattacks targeting retailers have more than doubled in the last year, leading merchants to invest in AI and machine learning to protect customer data. While...

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Consumers Spend, Businesses Don’t Seem To Be
Consumers Spend, Businesses Don’t Seem To Be
November 12, 2018  |  Economy

The tax cuts signed into law by President Donald Trump late last year were expected to spur a spending boost on the part of consumers...

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