UK Data Shows BNPL Default Rates Increase as Popularity Grows

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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