Quick Takes

Fed Chair Powell Urges Thorough Vetting Of Central Bank Digital Currencies

Fed Chair Powell Urges Thorough Vetting Of Central Bank Digital Currencies
Fed Chair Powell Urges Thorough Vetting Of Central Bank Digital Currencies
October 19, 2020  |  Cryptocurrency

Federal Reserve Board Chair Jerome Powell sounded a cautionary note on Monday (Oct. 19) on the bank’s potential rollout of a digital currency. Get the...

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Plaid ‘Surprised’ At TD Bank’s Lawsuit Alleging It Tricked Consumers
Plaid ‘Surprised’ At TD Bank’s Lawsuit Alleging It Tricked Consumers
October 19, 2020  |  Legal & Regulation

Plaid is denying that it has used TD Bank‘s logo to dupe customers into sending information it could monetize, a report from The Globe and...

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Mastercard, Stride Enable Portable Health Benefits To Gig Workers
Mastercard, Stride Enable Portable Health Benefits To Gig Workers
October 15, 2020  |  Gig Economy

Mastercard is working with portable benefits program Stride in order to help companies offer U.S. workers access to affordable healthcare plans, according to a press...

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BoA Goes Micro With Consumer Loan Up To $500
BoA Goes Micro With Consumer Loan Up To $500
October 08, 2020  |  Loans

Bank of America (BoA) is muscling into the payday loan business, minus the sky-high fees, as the pandemic continues to upend the financial landscape, according...

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Apple, Amazon, Facebook And Google Slam Congressional Report Calling For Break-Ups
Apple, Amazon, Facebook And Google Slam Congressional Report Calling For Break-Ups
October 07, 2020  |  ANTITRUST

The country’s four largest tech firms wasted no time pushing back on a congressional antitrust report that suggested Amazon, Apple, Facebook and Google have become...

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US House Democrats Urge Antitrust Changes That May Break Up Big Tech
US House Democrats Urge Antitrust Changes That May Break Up Big Tech
October 06, 2020  |  ANTITRUST

House Democrats have decided that big tech companies Google, Amazon, Facebook and Apple have monopoly-style power, and changes need to be made to rein them...

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SWIFT Launches Service For Low-Value Cross-Border Payments
SWIFT Launches Service For Low-Value Cross-Border Payments
October 01, 2020  |  Cross-border Payments

SWIFT, a global provider of secure financial messaging, announced a new service Thursday (Oct. 1) that promises to improve the experience for small and medium-sized...

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New US Businesses Up 12 Pct, Highest Since 2007
New US Businesses Up 12 Pct, Highest Since 2007
September 27, 2020  |  SMBs

New businesses are being started at a faster rate during the COVID-19 pandemic than they have been in years, a Wall Street Journal (WSJ) report...

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