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FCA Tells Credit Cards To Ease Up On NonPayers 
FCA Tells Credit Cards To Ease Up On NonPayers 
February 03, 2020  |  Payment Methods

The U.K. financial watchdog the Financial Conduct Authority (FCA) is telling credit card companies to reduce fees on nonpayers’ debt rather than cancel cards, the...

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Mastercard CEO Pushes Back Against National Payments Systems
Mastercard CEO Pushes Back Against National Payments Systems
February 03, 2020  |  Mastercard

Ajay Banga, the chief executive officer (CEO) of Mastercard, is adamantly against any attempts to fracture the Global Payments Systems (GPS) into national domains, Financial...

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Bitcoin Daily: Bitcoin Hack Victims To Receive $13.8M; Bermuda Gov’t Boosts Blockchain Adoption
Bitcoin Daily: Bitcoin Hack Victims To Receive $13.8M; Bermuda Gov’t Boosts Blockchain Adoption
February 03, 2020  |  Bitcoin

Denis Pitcher, chief FinTech advisor to the Premier of Bermuda, told CoinDesk on Sunday (Feb. 2) that he is planning to introduce a platform that...

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Trulioo Taps Amex Exec, ID Vet As Board Member
Trulioo Taps Amex Exec, ID Vet As Board Member
February 03, 2020  |  Personnel

Global identity verification provider Trulioo has tapped American Express (AmEx) executive Lisa Stanton to join its board of directors, Trulioo announced on Sunday (Feb. 2). ...

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PBOC Pumps $173B Into Chinese Economy To Combat Virus Impact
PBOC Pumps $173B Into Chinese Economy To Combat Virus Impact
February 03, 2020  |  International

The Chinese government braced for additional economic turmoil, took steps to bolster its lagging economy and activated new safety measures as the coronavirus epidemic spread...

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Uber Bans 240 Mexican Passengers As Coronavirus Precaution
Uber Bans 240 Mexican Passengers As Coronavirus Precaution
February 03, 2020  |  International

Approximately 240 Uber users in Mexico can’t use the service now, their accounts suspended by the parent company after concerns over the coronavirus contamination. Get...

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WeWork Gets New CEO
WeWork Gets New CEO
February 02, 2020  |  Personnel

WeWork, a shared workspace and real estate company, named industry veteran Sandeep Manthrani as its new chief executive officer, according a report Saturday from Reuters....

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Japan’s Line Social Network Approved To Trade Cryptocurrency
Japan’s Line Social Network Approved To Trade Cryptocurrency
February 02, 2020  |  Cryptocurrency

Japanese social media network Line can begin trading its own digital currency among its 700 million users beginning in April 2020. Get the Full Story...

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FCC To Crack Down On Sharing Of Mobile Users’ Location Data
FCC To Crack Down On Sharing Of Mobile Users’ Location Data
February 02, 2020  |  Security & Fraud

Wireless networks that sold their customers’ real-time location data violated U.S. law, Federal Communications Commission (FCC) Chairman Ajit Pai wrote in a letter to Congress...

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