FinTechs Led Personal Loan Market Last Year

FinTechs, not traditional banks, appear to be preferred method of taking out unsecured personal loans in the U.S., with the market hitting an all-time high last year. That’s according to TransUnion, which – as CNBC reported – released data on Thursday (Feb. 21) about the personal loan market in 2018. The unsecured personal loan market increased 17 percent year-over-year last

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Walmart Asda Deal Hits Regulatory Roadblock

It looks like the deal to merge Sainsbury’s with Walmart-owned Asda could be in fatal trouble — after a ruling by the Competition and Markets Authority on a deal that would have created the U.K.’s biggest supermarket chain with a £12 billion ($15.6 billion) deal. “The CMA has provisionally found extensive competition concerns as part of its in-depth investigation,” the regulator

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Neiman Marcus Taps Into The Travel Vertical

Neiman Marcus is expanding its horizons with travel this spring – though not by going anywhere itself. Instead, the department store has announced it will be unveiling its latest campaign in March, titled “The Art of Travel.” According to reports, the themed offering will offer 500 travel-themed exclusives including items like handbags, fine apparel and beauty and wellness products, all of

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Verizon will launch 5G in 30 cities this year

Verizon finally offered some details about its 5G launch this morning: it plans to deploy the next-gen wireless technology in 30 cities by the end of 2019. The carrier didn’t say which cities those would be, how thoroughly 5G would be deployed throughout those cities, or when exactly the launch would begin, but Verizon did say that each launch would

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