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By offering Prime subscribers one-day shipping instead of the standard two, Amazon saw a dramatic change in shopping behavior — and a corresponding rise in costs.
July 26 -
The company will also gain deposits and loans from its deal with Republic Bancorp.
July 26 -
Regulators should proceed with removing one of the margin requirements for trading swaps.
July 26 -
Rakuten joins a growing list of fintechs trying to enter the regulated banking sector. All have faced their share of obstacles.
July 26 -
One credit union's launch of a financial wellness app aims to utilize behavioral research to better resonate with how consumers today use mobile applications.
July 26WSECU -
The information you need to start your day, from PaymentsSource and around the Web. Today: Salesforce and Alibaba team up; VC funds for Standard Cognition; WeChat adds airborne payments; Cannabis bank gets off the ground; Elavon hires a top exec for Europe.
July 26 -
A traditional rules-based fraud system will not be capable of detecting synthetic identity fraud. A combination of supervised and unsupervised machine learning algorithms must be implemented to process the data necessary to effectively segment good and bad identities, says Steven D'Alfonso, research director at IDC Financial Insights.
July 26IDC Financial Insights -
The mobile point of sale market has grown far beyond its roots as an off-the-shelf dongle for smartphones. The category is now driving major acquisitions, collaborations and international deployments.
July 26 -
Readers react to BofA defending reverse mortgage borrowers, support the Federal Reserve creating a real-time payments system, advocate for consolidating federal bank agencies and more.
July 25 -
The company agreed to buy the parent of Countryside Bank for $90.5 million.
July 25