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Workable Exemptions Would Foster SEC, Crypto Collaboration, Says Commissioner Hester Peirce

Workable Exemptions Would Foster SEC, Crypto Collaboration, Says Commissioner Hester Peirce
Workable Exemptions Would Foster SEC, Crypto Collaboration, Says Commissioner Hester Peirce
March 08, 2022  |  Regulation

Crypto companies have been arguing for years that they need more guidance from the Securities and Exchange Commission to understand whether their products are securities...

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Incorrect Billing Information ‘Creates Havoc’ for Digital Payments
Incorrect Billing Information ‘Creates Havoc’ for Digital Payments
March 08, 2022  |  Digital Payments

It’s no surprise that consumers don’t always read the fine print. In the case of consumers using a bill-pay portal, that means that they may...

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Amazon Now Ahead of Walmart in Share of Retail Spending New PYMNTS Data Show
Amazon Now Ahead of Walmart in Share of Retail Spending New PYMNTS Data Show
March 07, 2022  |  Retail

It took over a decade to do it, but new data from PYMNTS confirm that Amazon ended 2021 with a larger share of U.S. retail...

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EMEA Daily: Alma CEO Says Zero Late Fee Policy Risky for BNPL; EU Crypto Law MiCA Set for Vote March 14
EMEA Daily: Alma CEO Says Zero Late Fee Policy Risky for BNPL; EU Crypto Law...
March 07, 2022  |  International

In today’s top Europe, Middle East and Africa news, loan providers that do not charge penalty fees risk losing revenue, while MiCA, the European Union’s...

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US Consumer Borrowing Grew 1.9% in January
US Consumer Borrowing Grew 1.9% in January
March 07, 2022  |  Economy

U.S. consumer borrowing saw an uptick in January, though at the slowest pace in a year, with households paying down credit card balances after the...

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The Bank of London Join UK’s Faster Payment System
The Bank of London Join UK’s Faster Payment System
March 07, 2022  |  Faster Payments

The Bank of London, the first purpose-built global clearing agency and transaction bank, has announced that it has become a directly connected settling participant (DCSP)...

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SPACs Turn to Alternative Funding as Investor Cash Dries Up
SPACs Turn to Alternative Funding as Investor Cash Dries Up
March 07, 2022  |  SPAC

Dealmakers looking at taking companies public through special purpose acquisition company (SPAC) mergers are having trouble finding investors, and have been making short-term agreements with...

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As Sanctions Push Crypto Regulation up the Agenda, Biden Calls for a Report
As Sanctions Push Crypto Regulation up the Agenda, Biden Calls for a Report
March 07, 2022  |  Cryptocurrency

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Uber Says It’s Bouncing Back From Omicron, Raises 1Q Guidance
Uber Says It’s Bouncing Back From Omicron, Raises 1Q Guidance
March 07, 2022  |  Transportation

Uber raised its first quarter guidance Monday (March 7) and said its ride-hailing business is bouncing back from the omicron variant’s disruptions, The Wall Street...

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