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Q3 Retail Earnings Show Mixed Bag Of Consumer Spending

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Consumer spending shows mixed demand as the holiday shopping season gets underway, The Wall Street Journal (WSJ) reported on Tuesday (Nov. TJ Maxx and HomeGoods showed a 4 percent increase in sales in the quarter that closed Nov. Commerce Department’s report Friday (Nov. Consumer spending was up an annualized rate of 2.9

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American Express Links Up With PayPal, Venmo To Enable Customers To Split Payments

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The new program enables American Express consumer cardholders to use the new Amex Send & Split service, according to a news release. Cardholders can enroll from the Amex App. Starting on Nov. 23, Venmo customers will be able to enroll directly from their accounts, the release said. France and the U.K.

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Consumers' Preference For Online Car Sales And Auto Loans Shakes Up Banks And Dealers

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Consumer Financing Satisfaction Study. Consumers and Banks Both Like Online Auto Loans. Consumers are apparently so glad to dump the back-office haggle between dealer and bank that roughly one-third of car buyers are now doing the loan process online, J.D. Power, said in releasing the J.D. Power 2020 U.S.

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Paytronix Launches Subscription-Building Tool For Small Businesses

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Paytronix has launched Paytronix Subscriptions, a subscription-building product that will allow any restaurant or convenience store to set up and manage a subscription program for its customers, the company announced on Wednesday (Nov. Paytronix also noted that subscription services are particularly attractive to younger consumers.

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12 Ways Consumers Will Pay (And Be Paid) In 2020

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About 31 percent of consumers now own voice-activated devices, up from 27 percent in 2018 and 14 percent in 2017. The rise of voice is the big factor behind the rise of smart homes, where consumers are doing more commerce and payments. That’s not all — voice is becoming more emotionally attuned to consumers.

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Lyft Wants To Reward Consumers Who Sell Their Cars

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According to a Reuters report on Thursday (Nov. Any customer who subscribed to All-Access will get an enrollment offer for the new membership service. The Lyft program joins other recent developments in the world of vehicle subscription services as more consumers consider the possibility of not actually owning cars and trucks.

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Target Confirms Twitter Scam Involving Bitcoin

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Target’s Twitter account got hacked earlier Tuesday (Nov. 13), with the bad guys using the retailer’s Twitter feed to trick unsuspecting consumers into giving away cryptocurrency. In exchange for small bitcoin payments, they were supposedly enrolled in a sweepstakes to win much more bitcoin in return.

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