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Today in Crypto: Lawmaker Says US Needs CBDC to Remain in ‘the game’; BitKeep Wallet to Reimburse Users in $1M Hack
Today in Crypto: Lawmaker Says US Needs CBDC to Remain in ‘the game’; BitKeep Wallet...
October 18, 2022  |  Cryptocurrency

Crypto wallet BitKeep has been hacked for more than $1 billion in BNB Chain and Polygon-based tokens on Tuesday (Oct. 18), a Coindesk report said....

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Netflix Reverses 6 Months of Subscriber Loss
Netflix Reverses 6 Months of Subscriber Loss
October 18, 2022  |  Streaming

Netflix added 2.4 million subscribers in its most recent quarter as it surpassed its competitors in user engagement. Get the Full Story Complete the form...

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Former Grab Lending Head Joins Digital Lender Julo
Former Grab Lending Head Joins Digital Lender Julo
October 18, 2022  |  Digital Payments

The former head of lending for Grab Holdings, Ankur Mehrotra, is joining Indonesian fintech startup Julo, which focuses on digital lending, a Bloomberg report noted....

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CFPB: Active Network Duped Users Into $300M in Junk Fees
CFPB: Active Network Duped Users Into $300M in Junk Fees
October 18, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has sued Active Network, saying the online event registration company duped people into signing up for its discount subscription...

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Sezzle Signs New $100M Credit Facility with Bastion, Replaces Goldman
Sezzle Signs New $100M Credit Facility with Bastion, Replaces Goldman
October 18, 2022  |  BNPL

Buy now pay later (BNPL) firm Sezzle signed a new $100 million credit facility with affiliates of Bastion Management, which will work as an administrative...

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B2B Payment Firm Moneff Buys Financial Lifestyle App StormPay
B2B Payment Firm Moneff Buys Financial Lifestyle App StormPay
October 18, 2022  |  Acquisitions

B2B payment service provider Moneff has acquired millennial- and Generation Z-focused financial lifestyle app StormPay. Get the Full Story Complete the form to unlock this...

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JPMorgan Backs Tilia to Advance Payments for Virtual Economies
JPMorgan Backs Tilia to Advance Payments for Virtual Economies
October 18, 2022  |  Investments

Comprehensive payments platform Tilia was backed by J.P. Morgan for an unspecified amount to further develop its payment processing solutions for in-game transactions and virtual...

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Visa Partners With Nuvei, Tender Retail on BNPL Expansion
Visa Partners With Nuvei, Tender Retail on BNPL Expansion
October 18, 2022  |  BNPL

Visa has launched a pair of collaborations designed to bring its “Installments” program to more cardholders to meet a growing demand among Canadian consumers for...

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Wise Hikes Transfer Fees, Upgrades 2022 Outlook
Wise Hikes Transfer Fees, Upgrades 2022 Outlook
October 18, 2022  |  Cross-border Payments

Wise, the U.K.-based cross-border money transfer business, has increased the average cost of transactions for the first time since 2020. Get the Full Story Complete...

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