Today in Crypto: Tanzania Eyes Creating Own CBDC; El Salvador Buys 500 More Bitcoin
Today in Crypto: Tanzania Eyes Creating Own CBDC; El Salvador Buys 500 More Bitcoin
May 09, 2022  |  Cryptocurrency

Tanzania is coming closer debuting a central bank digital currency (CBDC), which it hopes will compete with crypto’s popularity in that country, a report from...

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What if They Built a Digital Dollar and No One Used It?
What if They Built a Digital Dollar and No One Used It?
May 09, 2022  |  CBDC

There have been countless discussions, and more than a few arguments, for and against the need for a U.S. central bank digital currency (CBDC). What’s...

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UST Stablecoin Drops to 92 Cents, Could Jeopardize Funding Algorithm
UST Stablecoin Drops to 92 Cents, Could Jeopardize Funding Algorithm
May 09, 2022  |  Cryptocurrency

TerraUSD (UST) is without its dollar peg for the second time in only three days, CoinDesk reported Monday (May 9). Get the Full Story Complete...

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South African Mobile Payments Provider SnapScan Buys Payroll Startup Radar
South African Mobile Payments Provider SnapScan Buys Payroll Startup Radar
May 09, 2022  |  Acquisitions

Mobile payments provider SnapScan has bought Radar, a South African human resources and payroll startup, a report from Disrupt Africa said Monday (May 9). Get...

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BNPL Startup Cashew Nets $10M for Expansion From UAE Lender
BNPL Startup Cashew Nets $10M for Expansion From UAE Lender
May 09, 2022  |  Investments

Cashew, a buy now, pay later (BNPL) firm from the United Arab Emirates (UAE), has secured up to $10 million in debt and equity financing...

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SMBs Say Costly, Time-Consuming Payment Processes Are Chronic Supplier Pain Point
SMBs Say Costly, Time-Consuming Payment Processes Are Chronic Supplier Pain Point
May 09, 2022  |  SMBs

Small- to medium-sized businesses (SMBs) experience several problems when making payments to suppliers. The most common pain points are manual invoice review, the high cost of...

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Facial Recognition Developer Clearview AI Agrees to Limit Database Sales
Facial Recognition Developer Clearview AI Agrees to Limit Database Sales
May 09, 2022  |  Biometrics

Facial recognition software maker Clearview AI has settled a lawsuit from the American Civil Liberties Union (ACLU) and will limit access to its face database...

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CBDC Weekly: BIS Says 90% Central Banks Exploring Digital Currency; Call to Slow Down Digital Rupee; Philippines Plans Q4 Pilot of Wholesale CBDC
CBDC Weekly: BIS Says 90% Central Banks Exploring Digital Currency; Call to Slow Down Digital...
May 09, 2022  |  CBDC

Nine out of 10 central banks surveyed by the Bank for International Settlements (BIS) said that they are at least exploring a central bank digital...

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Today in the Connected Economy: Mastercard Offers Support to UK SMBs
Today in the Connected Economy: Mastercard Offers Support to UK SMBs
May 09, 2022  |  Connected Economy

Today in the connected economy, Mastercard and Enterprise Nation roll out an app designed to help small businesses in the U.K., and Uber reroutes its...

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