UK Data Shows BNPL Default Rates Increase as Popularity Grows
UK Data Shows BNPL Default Rates Increase as Popularity Grows
February 13, 2022  |  Buy Now Pay Later

The wildfire popularity of buy now, pay later (BNPL) has created concerns about how it will affect the way young people spend, a Financial Times...

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RBI Hikes Cap on e-Rupi to Push Offline Digital Payments
RBI Hikes Cap on e-Rupi to Push Offline Digital Payments
February 13, 2022  |  Digital Payments

The e-Rupi voucher cap is increasing to ₹1 lakh, which will add to digital payments offline and make for more direct transfers without a bank...

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Miller Lite Opens Virtual Bar on Decentraland Before Super Bowl
Miller Lite Opens Virtual Bar on Decentraland Before Super Bowl
February 13, 2022  |  Metaverse

Beer giant Miller Lite has joined the metaverse with a virtual bar in Decentraland, just in time to celebrate the Super Bowl on Sunday (Feb....

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B2B eCommerce Site-Building Firm Hullabalook Nets $8M
B2B eCommerce Site-Building Firm Hullabalook Nets $8M
February 13, 2022  |  Investments

London-based B2B software company Hullabalook, which works on retailers’ eCommerce site building, has raised £6 million ($8.2 million) in a Series A funding round, the...

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UK Regulators Warn Banks to Safeguard Again Lending Discrimination if Using AI, ML
UK Regulators Warn Banks to Safeguard Again Lending Discrimination if Using AI, ML
February 13, 2022  |  Regulation

Banks using artificial intelligence (AI) to approve loan applications have been warned by U.K. financial regulators that they can only deploy that technology if they...

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TD Bank Freezes 2 Bank Accounts Supporting Canadian Protests
TD Bank Freezes 2 Bank Accounts Supporting Canadian Protests
February 13, 2022  |  Banking

Toronto-Dominion Bank (TD) has frozen two personal bank accounts that had C$1.4 million deposited to support protesters of the Canadian government’s pandemic measures, a report...

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FinTech Reserve Trust Founder Says Fed Nominee Raskin Allegations ‘Completely False’
FinTech Reserve Trust Founder Says Fed Nominee Raskin Allegations ‘Completely False’
February 13, 2022  |  Politics

Sarah Bloom Raskin, a Biden nominee for the Fed’s top banking position, has the co-founder of Reserve Trust defending her over charges that she’s had...

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Today in Crypto: BlockFi Could Pay $100M to SEC to Settle Case; Crypto Now Part of Divorce Settlements
Today in Crypto: BlockFi Could Pay $100M to SEC to Settle Case; Crypto Now Part...
February 13, 2022  |  Cryptocurrency

Crypto lender BlockFi will pay $100 million in a Securities and Exchange Commission settlement over a probe into selling unregistered securities, Bloomberg reported Friday (Feb....

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Takeaway.com Chief Denies Plan to Sell Grubhub
Takeaway.com Chief Denies Plan to Sell Grubhub
February 13, 2022  |  Delivery

Jitse Groen, CEO of Just Eat Takeaway, has said the company’s plan to delist its shares from the Nasdaq doesn’t mean it’s planning to sell...

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