How to torpedo the Catalonian economy, in about 25 minutes

Catalonia is not a part of the SEPA Area; it has no central bank and so it has no Eurosystem member. Its financial infrastructure is, however, SEPA-compliant, meaning domestic and...
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The Tech Inside American Eagle Outfitters' New Concept Store


By Jamie Grill-Goodman - 10/27/2017 American Eagle Outfitters will open AE Studio November 10, a remodel of its store in New York's Union Square. Jeans will be a focal point...
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Appeal and judicial review applications filed in £14bn Mastercard consumer claim

Lawyers for Walter Merricks CBE have filed applications with both the Court of Appeal and the Administrative Court of the High Court, the latter by way of judicial review, for...
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Fleetcor hires Mastercard vets

Fleetcor UK, a leading provider of commercial payment solutions, has strengthened its leadership team with two senior management hires. Thore Vestergaard joins as SVP & MD, Commercial Cards, Europe and...
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How Walmart is Rolling Out Robots in 50 Stores to Help Stock Inventory


By Jamie Grill-Goodman - 10/27/2017 Walmart is rolling out shelf-scanning robots to 50 U.S. stores to replenish inventory faster and free up time for associates. The new shelf-scanning technology uses automation...
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Halloween howler: HSBC suffers online banking gremlins

High street bank HSBC was forced to apologise to UK customers after its online banking service went down for a chunk of Friday. Customers' dissatisfaction was exacerbated by the fact...
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Amazon Launches Business Prime Shipping


Amazon Business has launched Business Prime Shipping, a paid annual membership program for registered multi-user business customers in the United States and Germany. In the United States, Business Prime Shipping offers...
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New York subway to go contactless

New York is finally ditching the old-fashioned MetroCard and following in London's footsteps by allowing subway users to pay for their journeys with contactless bank cards and mobile wallets such...
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Getswish partners Tieto and Bontouch on mobile payments

Getswish, the company behind real-time payment solution Swish, is partnering with Tieto and Bontouch to take the next step in the development of mobile payments. The aim is to make...
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Walgreens to Close 600 Stores Next Year

W algreens plans to close around 600 stores starting next spring, following its deal with Rite Aid. Federal regulators accepted the drugstore chain's $4.4 billion deal to buy 1,932 Rite...
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Barclays introduces pop-up questionnaire for unusual online funds transfers

Barclays Bank customers making 'out-of-character' online funds transfers will first have to answer a battery of questions designed to make them reflect on whether they may be a victim of...
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The overriding notion of connected commerce

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Personetics AI tackles student loan debt

Personetics Cognitive Banking applications, already used by leading banks to deliver AI-powered automated savings, can now be leveraged by financial institutions to help customers repay their student loans ahead of...
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Under Armour Joins the Subscription Game


By Peter Breen, CGT Magazine - 10/26/2017 Upstart customized apparel companies like Stitch Fix and Rent the Runway have inspired Under Armour to launch a curated monthly subscription service. The performance...
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Push Notifications: How to Stick the Landing

As a retail marketer, you likely know the many benefits of push notifications, but what you may not know, is the diverse range of options you have to work with...
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Businesses flock to app-based Revolut

European app-based banking outfit Revolut is claiming strong uptake of its business account offering, signing up 16,000 firms since June. UK-based Revolut launched in 2015, initially focusing on current accounts...
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Forget fintechs, banks need to worry about Alibaba and Amazon

Banks may have seen off the challenge from fintech startups but they now face the far bigger threat of platform giants such as Amazon and Alibaba eating into their margins,...
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Current raises $5m

Financial technology company Current today announced today it has raised $5 million in a Series A funding round led by QED Investors, with additional investment from Cota Capital. In conjunction...
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Uber launches credit card

Ride-hailing app Uber is pushing further into the financial services sphere, teaming up with Barclaycard US to launch a rewards-heavy Visa credit card. From next month, US riders can apply...
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GPS gremlins hit Monzo (again)

It’s been a difficult week for the stability of our prepaid card. Issues with our payment processor have meant customers haven’t been able to make payments on four occasions over...
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