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Fifth Third Faces CFPB Probe Over Fake Accounts

Fifth Third Bank said it’s facing enforcement action from the Consumer Financial Protection Bureau (CFPB) over alleged openings of unauthorized accounts. The CFPB said it plans to file enforcement action over the generation of fake accounts allegedly done by employees of Fifth Third. There was a filing Monday with the U.S. Securities and Exchanges Commission, […]

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Uber CEO Expects Ride Slowdown, Delivery Uptick From Virus

Add Uber to the list of companies that have been affected by the coronavirus’ spread across the globe. Uber said on Wednesday that it expected revenues for its ride-hailing business to take a minor hit, according to Reuters. Speaking at the Morgan Stanley 2020 Technology, Media & Telecom conference in San Francisco, Uber CEO Dara […]

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Ford/Allstate Data Pact Aims To Lower Auto Premiums

When it comes to insurance, gauging risk and premiums, every bit of data – and every mile – counts. To that end, as Bloomberg reported, insurance giant Allstate is partnering with Ford Motor Co. that will enable data sharing through telematics. As reported, a number of vehicles from Ford and Lincoln’s 2020 model year, sporting […]

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Is Now Telemedicine’s Time To Shine?

Although house calls were the most common method by which doctors gave medical care just a few generations ago, as of the second decade of the 20th century, most people are long since habituated to the idea that a doctor is someone one goes out to see. As of today, about 1 percent of all […]

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Adding Tech To The Credit Union’s ‘War Chest’ Of Trust

Through an ongoing process of habituation over the last two decades, consumers have come to not only want certain types of seamless experiences in their commercial interactions — they’ve actually come to expect them. Anyone who has a Facebook account, uses Gmail, orders from Amazon or has ridden in an Uber is used to an easy […]

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How DSW Is Using POS Financing To Boost Online Spend

Buy now, pay later (BNPL) solutions seem perfect for the occasional luxury buy — but luxury retailers are far from the only businesses that could benefit from introducing installment payment solutions. The average consumer makes luxury purchases only rarely, after all, and 40 percent of consumers still place price as the most important factor they […]

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When The Going Gets Tough, The Tough Buy (Campbell’s) Soup

When the going gets tough, the tough — buy soup, apparently. And lots of it if recent reports from last weekend are to be believed and Americans are rushing to stores and clearing the shelves of soup and other canned goods. Consumers are apparently hoarding as they prepare to hunker down in preparation for the continued spread […]

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HostBooks Launches Mobile Accounting App For SMBs

HostBooks Accounting Software Company has announced the launch of its mobile app to help small businesses with payroll integration and other services. According to the press release, the app will work on bringing HostBooks’ programs up to speed with the company’s competitors. HostBooks, a cloud-based alternative to traditional accounting, offers businesses services such as tax […]