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Bloomberg

 •  December 12

Maybe more M&A, IPOs and bigger push by technology companies Fintech companies raised $4 billion in 3Q, on pace for record For the financial technology industry, 2017 will be defined as the year that the threat of tech giants grew stronger, artificial intelligence cemented its importance and some startups applied to become banks. What to look for...

Bloomberg

 •  December 8

Tweets that penalties could be “substantially increased” Regulators are scrutinizing scandals in its consumer unit President Donald Trump tweeted Friday that the government may increase planned fines against Wells Fargo & Co., the bank that’s been embroiled in multiple scandals since last year. “Fines and penalties against Wells Fargo bank for...

Bloomberg

 •  December 5

Dec. 05--Target is finally joining the mobile wallet party. While it still will not accept Apple Pay or other third-party mobile payment options in its stores, the Minneapolis-based retailer is going the route of Walmart and others who have devised their own mobile wallets inside their smartphone apps. Target is rolling out the feature this week to...

Bloomberg

 •  November 29

Nov. 28--If gift cards are on your holiday shopping list, why not get a little something for yourself while you're at it? This holiday season, when you purchase plastic or digital gift cards at many popular restaurant chains, you'll get an added bonus. With the bonus cards and certificates, it's like getting a free lunch, dinner or...

Bloomberg

 •  November 24

Hiring click-farms to game reviews spikes when buying peaks Marketplace pits millions of merchants in fight for billions Mike Molson Hart, who sells toys on Amazon.com Inc.’s marketplace, realized earlier this month something was amiss. His company’s popular disc-shaped plastic building set, called Brain Flakes, had dropped precipitously in the...

Bloomberg

 •  November 21

A group of Czech security researchers earlier this year discovered a way to steal identities from electronic ID cards used in a number of countries, known in the cryptography industry as a ROCA vulnerability. So far, the vulnerability has caused problems in Estonia -- the country with perhaps the most comprehensive e-identification and e-government...

Bloomberg

 •  November 18

The agency has been a friend to the U.S. consumer. Its next leader should stay the course.
President Donald Trump will soon get a chance to remake the Consumer Financial Protection Bureau, one of the signature creations of the 2010 Dodd-Frank financial reform law. The current director, Richard Cordray, has just announced his intention to step down.It's a good moment to review what the bureau is...

Bloomberg

 •  November 16

A law that protects consumers’ data was written before the age of hacking.
When a credit card is lost or stolen—or if the number gets exposed in a data theft—federal law makes it a pretty painless experience for consumers. Credit card holders are on the hook for no more than $50 if any fraudulent charges are made; debit card users have similar caps on losses as long as a problem is reported...

Bloomberg

 •  November 9

Nov. 09--Turn your smartphone into your secret savings weapon. With less than two weeks until one of the biggest shopping weekends of the year, there's still time to get your phone ready. Having this mini-computer with you makes it easy to compare prices and determine the best buys. MORE: Black Friday headquarters: Your home for shopping news, ads,...

Bloomberg

 •  November 1

Visa Inc. has approved a prepaid card backed by the cryptocurrency Monaco as the world’s largest payments network continues its foray into digital currencies. Monaco’s prepaid card has been approved for issuance to Singaporean residents, Visa spokeswoman Lea Cademenos said in an email. Visa approved the program through Monaco’s issuer, Wirecard...