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Rocket Mortgage Parent Plans $3.3B IPO

PYMNTS

The company is offering 150 million shares for $20 to $22 each, according to the Tuesday (July 28) filing with the Securities and Exchange Commission (SEC), Bloomberg wrote. According to Rocket Companies, which describes itself as the biggest retail mortgage lender in the U.S., billion, Bloomberg reported. the company earned $97.7

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Retail Enabler: CardinalCommerce Protects SMBs From Holiday Fraud

PYMNTS

Black Friday and Cyber Monday sales continue to increase year over year — while some project online holiday sales at $98 billion, new estimates from the National Retail Foundation project that this year’s online holiday sales could reach $117 billion. ‘Tis the season … to be very, very wary of phishing and other types of fraud.

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Oracle’s three modes of Progressive Transformation

Celent Banking

Suncorp in Australia has started the process of moving off its Hogan core by focusing on unsecured lending; its next stop will be secured lending. KeyBank , based in Cleveland, announced at Open World that it intends to use non-core systems components of Oracle Banking Platform (“OBP”) to enhance and modernize its mobile and online channels.

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Visa’s PayWorks Acquisition, Amazon’s Prime Day Top This Week’s News

PYMNTS

Cleveland-based regional banking firm KeyCorp disclosed a massive instance of fraud that could potentially come at a cost of $90 million. The country’s digital economy push comes as the government has also digitalized the national ID card, which every citizen who is older than 16 must wield. and closed at $204.87.

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Fizzle Of The Week: Economic Cooperation (The Trade Kind, That Is)

PYMNTS

It’s not the conventional definition of national security.”. National security here is the lever to the trade war, as the Trump administration has said that the decline of domestic manufacturing means we cannot make the weaponry we need to provide, well, security.

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