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The United States May License Bitcoin and Cryptocurrency Exchanges

Bank Innovation

The Acting Comptroller of the Currency of the United States, Keith Noreika, has stated that he is considering imposing a nationwide licensing program for cryptocurrency exchanges, similar to the licensing program recently enacted in Japan.

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Retailers Expect 26 Pct. Spike On National Returns Day

PYMNTS

As online shopping powers a forecasted 26 percent year-over-year volume surge on National Returns Day, the United Parcel Service (UPS) foresees shipping 1.9 2 is the day with the most activity for holiday returns in the United States, CNBC reported. million gifts and other products back to U.S.

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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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Study Puts Values To Online Data, Privacy

PYMNTS

A study of how consumers in different nations value their personal data found that German users of Facebook would want the company to pay them roughly $8 a month for providing their contact data. Users in the United States, however, reportedly would only ask for $3.50, Reuters reported. Brazil, Mexico, Argentina and Columbia.

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Union Credit brings an online marketplace to credit unions

BankInovation

Credit unions are looking to digital lending marketplace Union Credit to grow their membership, gain national exposure and break into younger demographics. Nationally, the average credit union member is 54 years old while the average consumer in the United States is 37, Barry Kirby, chief revenue officer and co-founder of Santa Rosa, Calif.-based

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Online Retailers Face New Threats From Hackers

PYMNTS

Death, taxes and data breaches – those are perhaps the only sure things in life, and new evidence is emerging that hackers are finding increasing profit in targeting online retailers. The news comes amid yet another online retail cyberattack, this one targeting Japan’s Fast Retailing, the company that owns the Uniqlo retail chain.

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Online Spending Could Top $124B Over The Holidays

PYMNTS

Amid a change in shopping habits from brick-and-mortar to eCommerce, online spending is expected to reach $124.1 To arrive at the forecast, Adobe Analytics took a look at transactions at 80 of the top 100 retailers in the United States along with visits by consumers to U.S. billion this holiday season — an increase of 14.8

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