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More Security In Wake Of Mall Brawls

PYMNTS

Brawls of mostly young people reportedly broke out around malls in Fayetteville, NC, East Garden City, NY, Elizabeth, NJ, Manchester, CT, Aurora, CO, and Tempe, AZ, among others. I don’t believe it was a coordinated social media flash mob kind of thing.

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Fintech Fundings: 15 Companies Raise $125 Million Week Ending May 1

Fintech Labs Insights

Online auto insurance comparison site. Online & mobile payment solutions in Southeast Asia. Online real estate investment platform. Payments via social media. HQ: Chatham, NJ. Tags: Payments, mobile, social, Facebook, Startup Chile (investor). Source: Crunchbase. MX (formerly MoneyDesktop).

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Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

All suffered extraordinary runs on their bank due to large unrealized losses on both HTM and AFS securities, peculiarities in the p/e world, uninsured deposits, crypto, and old school panic via new school technologies and social media. For community banks, it’s not as much about the uninsured deposits or even the AOCI.

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Facebook Defends Data Sharing Tool As FTC Compliant

PYMNTS

The social media site just admitted that the data scandal with Cambridge Analytica could involve more users than the originally estimated 50 million. The company’s CEO, Mark Zuckerberg, is set to testify about Cambridge Analytica’s alleged misuse of the social media platform’s data. Greg Walden (R-OR) and Rep.

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Facebook’s Mark Zuckerberg Will Testify Before Congressional Panel

PYMNTS

“This hearing will be an important opportunity to shed light on critical consumer data privacy issues and help all Americans better understand what happens to their personal information online,” Rep. Frank Pallone (D-NJ) — the panel’s top Republican and Democrat, respectively — said in a statement. Greg Walden (R-OR) and Rep.

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