Banks Ask UK Treasury To Increase Limit On Contactless Payments

Banks Ask UK Treasury To Increase Limit On Contactless Payments
Banks Ask UK Treasury To Increase Limit On Contactless Payments
January 03, 2021  |  Digital Payments

The U.K. might up its amount for contactless payments from £45 to £100 in one of its first actions after officially leaving the European Union...

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Bitcoin Daily: Bitcoin Crests $34K For First Time; US House Bill Calls For Office To Coordinate Blockchain Use In Federal Gov’t
Bitcoin Daily: Bitcoin Crests $34K For First Time; US House Bill Calls For Office To...
January 03, 2021  |  Bitcoin

Bitcoin rose above $34,000 on Sunday (Jan. 3), after crossing the $30,000 milestone for the first time ever the day before. Get the Full Story...

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Europe Considers Lengthening COVID Lockdowns As Cases Climb
Europe Considers Lengthening COVID Lockdowns As Cases Climb
January 03, 2021  |  Coronavirus

Germany is preparing to continue its nationwide lockdowns through the end of January, a report from Financial Times (FT) says. Get the Full Story Complete...

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Congress Eyes New AML Rules For Antiquities Trade
Congress Eyes New AML Rules For Antiquities Trade
January 03, 2021  |  AML

New legislation passed by Congress will implement new regulations on the antiquities trade in order to hopefully crack down on the possibility of money laundering...

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Finance Factory Debuts Automated Credit Review Platform
Finance Factory Debuts Automated Credit Review Platform
January 03, 2021  |  B2B Payments

Finance Factory has rolled out its new automated credit review platform, which will be able to analyze 27 data points quickly and determine a borrower’s...

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Banks May Withhold Stimulus Checks To Cover Overdraft Fees
Banks May Withhold Stimulus Checks To Cover Overdraft Fees
January 03, 2021  |  Bank Regulation

Some intended COVID-19 stimulus beneficiaries won’t see any money the federal government sends them through direct deposits because unpaid overdraft fees will more than consume...

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Russian Hack Used Servers Inside US, Cybersecurity Company Says
Russian Hack Used Servers Inside US, Cybersecurity Company Says
January 03, 2021  |  Security & Fraud

The recently discovered cyber attack on federal government agencies and companies handling data as sensitive as information regarding new nuclear weapons was run from servers...

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Businesses Get Wary Of Trade-Based Money Laundering
Businesses Get Wary Of Trade-Based Money Laundering
January 03, 2021  |  B2B Payments

The Financial Action Task Force (FATF) is warning of new ways of money laundering via exports like onions, potatoes, soft fruits or expensive cars, a...

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MGM Makes Offer To Buy British Gaming Company Entain, Report Says
MGM Makes Offer To Buy British Gaming Company Entain, Report Says
January 03, 2021  |  Partnerships / Acquisitions

MGM Resorts International is trying to acquire Entain, the British parent of major online-gambling player Ladbrokes, the Wall Street Journal reports. Get the Full Story...

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