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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
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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Intel Takes Stake In HERE – Betting On Driverless Cars Future
Intel Takes Stake In HERE – Betting On Driverless Cars Future
January 04, 2017  |  Partnerships / Acquisitions

Chipmaker Intel announced it has acquired a 15 percent take in HERE, a global provider of digital maps and location-based services. The purchase came from...

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House of Fraser Invests In App-Only Bank
House of Fraser Invests In App-Only Bank
January 04, 2017  |  Investments

House of Fraser, the U.K. department store operator, is making a £35 million investment in an app-only bank as a way to give shoppers a...

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