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FBI Charges Russian National With Running Online Hacker Marketplace

PYMNTS

A Russian national believed to be behind the Deer.io was first exposed as a nest of cybercrime activity in a now removed Digital Shadows report from 2016, according to ZDNet , and those in-tune with cyber-security issues were not shocked to hear of Firsov’s arrest. Kennedy Airport in New York City, according to an arrest warrant.

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Registration for Bank Innovation Israel 2016 Officially Opens

Bank Innovation

Bank Innovation Israel 2016 registration has officially opened today. The only Western fintech event in Startup Nation, the 2016 Bank Innovation Israel will take place 1-3 November at the Dan Tel Aviv. The event is presented by Bank Innovation, one of the world’s leading fintech blogs.

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3 Alternative Lending Startups to Watch

Bank Innovation

National Australia Bank set up its own alternative lending arm called QuickBiz Loans back in 2016. Large banks, e-commerce moguls like Amazon and eBay and tech firms are likely to enter the alternative lending space, and soon, according to Eden Amirav, co-founder, and CEO of startup LendingExpress. Over the […].

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Today In Digital-First Banking: Ukrainian Bank Teams With FinTech Startup; Oportun Pursues US National Bank Charter

PYMNTS

In today’s top news in digital-first banking, Ukrainian financial institution UKRSIBBANK is collaborating with Sweden-based FinTech upstart Dreams, while Oportun Financial is pursuing a national bank charter with the Office of the Comptroller of the Currency (OCC). Plus, N26 is launching a subscription-based online banking suite.

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Retail Sales Will Be Greater Than Anticipated In 2016, According To National Retail Federation

PYMNTS

Because consumer spending is expected to be higher than anticipated in 2016, with sales growing at a rate of 3.4 percent, the National Retail Federation said on Tuesday (July 26). In the first quarter of 2016, retail sales grew at a pace of about 4 percent. percent instead of the previously forecasted 3.1

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PYMNTS Daily Data Dive: National Returns Day

PYMNTS

On this year’s National Returns Day — January 5, 2017 — more than 1.3 That’s up nearly 30 percent from 1 million packages on last year’s National Returns Day. For online retailers, it’s not unusual to see return rates of 30–40 percent. Here are the numbers: 1/5/17 | National Returns Day.

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India Closes 2016 On Top

PYMNTS

FinTech is no stranger to this pattern, and while venture capital levels have seemed to dwindled in certain markets (analysts found VC funding down by 29 percent in 2016 compared to last year), B2B startups remain the apple of many investors’ eyes. India saw a particularly lucrative year. Supply Chain Management. ShopKirana.

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