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China Regulators Cracking Down on Peer-to-Peer Sharing Economy
China Regulators Cracking Down on Peer-to-Peer Sharing Economy
August 30, 2021  |  Regulation

China’s State Administration of Market Regulation (SAMR) said on Monday (Aug. 30) that it plans to beef up its supervision of the country’s peer-to-peer (P2P)...

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Subprime Mortgage Billionaire John Paulson Discourages Crypto Investing
Subprime Mortgage Billionaire John Paulson Discourages Crypto Investing
August 30, 2021  |  Cryptocurrency

John Paulson raked in billions by taking advantage of the U.S. 2008 real estate debacle and now has shared that he sees cryptocurrency as a...

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Hurricane Season Puts Focus on Mitigating Financial Disruption of Natural Disasters
Hurricane Season Puts Focus on Mitigating Financial Disruption of Natural Disasters
August 30, 2021  |  Economy

Greek philosopher Epicurus gets the nod for writing, “Skillful pilots gain their reputation from storms and tempest.” As wildfires, tropical storms, floods and hurricanes compound...

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Amex Drops Support For Samsung Pay In India
Amex Drops Support For Samsung Pay In India
August 30, 2021  |  International

American Express (Amex) is ditching support for Samsung Pay in India, which was launched in 2017 to back credit and debit cards from financial institutions...

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Apple Buys Primephonic Classical Music Streaming Service
Apple Buys Primephonic Classical Music Streaming Service
August 30, 2021  |  Apple

Apple has purchased 3-year-old classical music streaming service Primephonic, according to a Monday (Aug. 30) press release on the company’s website. Get the Full Story...

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IMF Warns of ‘Substantial Risks’ in Making Crypto National Currency
IMF Warns of ‘Substantial Risks’ in Making Crypto National Currency
August 30, 2021  |  Cryptocurrency

The International Monetary Fund (IMF) says decisions like El Salvador’s choice to make bitcoin a legal tender as of Sept. 7 and the adoption of...

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Amid Safety Concerns, McDonald’s Suggests Franchisees Shift from Dine-In to Safer, More Profitable Channels
Amid Safety Concerns, McDonald’s Suggests Franchisees Shift from Dine-In to Safer, More Profitable Channels
August 30, 2021  |  Restaurant innovation

With the rise in COVID-19 cases, McDonald’s is turning its focus to its off-premises channels. New cases are up about tenfold from just two months...

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Today in Digital Banking: Credit Unions Change Digital Strategies, PNC’s Digital-First Approach and Visa and UnionBank Partner in Philippines 
Today in Digital Banking: Credit Unions Change Digital Strategies, PNC’s Digital-First Approach and Visa and...
August 30, 2021  |  Digital-First Banking

Today in digital banking, BECU highlights the digital transformation of credit unions. Plus, Visa and UnionBank team up on Visa’s FinTech Fast Track program, and...

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PayPal Considers US Stock Trading Offering
PayPal Considers US Stock Trading Offering
August 30, 2021  |  Payment Methods

PayPal is considering launching a stock-trading platform for its U.S.-based customers, according to a CNBC report on Monday (Aug. 30), following its successful rollout of...

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