Month: April 2022

defi

What is DeFi? DeFi Trends for 2022

DeFi is short for decentralized finance, and this is an umbrella term for financial services that operate on a public blockchain. A blockchain refers to an interconnected layered network for the exchange of digital currencies decentralized data. This network powers autonomous and untraceable transactions between two parties.  Every transaction that you make on the blockchain …

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restaurant payment technology trends

Restaurant Business, Payment, and Technology Trends for Summer 2022

The restaurant industry has normally been slow when it comes to the adoption of technology and innovative solutions. The Covid-19 pandemic however sparked a change in many industries including food and beverages. It forced food and beverage outlets to look beyond traditional settings and move towards a digitized way of working.  The Covid-19 pandemic disrupted …

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buy now pay later

CFPB Urged to Implement Regulation of Buy Now Pay Later (BNPL)

Recently, CFPB (Consumer Financial Protection Bureau) issued a sequence of orders to different companies delivering BNPL or Buy Now Pay Later credit. The orders for collecting information on the benefits and risks of the rapidly-growing loans have been extended to Zip, Affirm, PayPal, Klarna, and Afterpay. The CFPB looks into actions like data harvesting and …

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blockchain

Blockchain.com Has Launched Asset Management Service and Reveals DeFi Product Plans

Blockchain.com – a crypto technology company known for raising the series D funding, has come up with its asset management service and brand known as BCAM. Initially, the company had been successful in raising an all-new round of funding. It has eventually valued its company at $14billion.  The all-new service BCAM will be catering to …

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cash back rewards

Discover Unveils Debit Account with Cash Back Rewards

Discover has unveiled a checking account with dedicated cashback rewards for its customers. Along with lucrative rewards, Discover also aims at providing early access to customer paychecks along with the mobile-first digital banking experience. The all-new Cashback Debit account by Discover is built on the foundation of the Cashback Bonus Rewards of the payment service …

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eu votes against ban on cryptocurrency mining

EU Votes Against Ban on Cryptocurrency Mining

The ECON or Committee on Economic and Monetary Affairs by the European Parliament has spent several days struggling with the proposed MiCA (Markets in Crypto Assets Regulation) to coordinate the approach of the EU (European Union) to cryptocurrency. Recently, ECON went ahead with rejecting different versions of the legislative package containing what has been referred …

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