economy

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Yelp Reports Small Businesses Slowly Recovered at End of 2020

Since the time the overall fears of the pandemic got outspread in the United States of America in early March 2020, businesses across the country have endured as many as 6 months of uncertainty. Still, businesses are adapting and proving their respective resilience through reopenings, lockdowns, new coronavirus prevention rules, new ways of implementing business […]

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UK Celebrates Three Year Anniversary of Open Banking, Reflects on Significant Growth [2023 Update]

On 13th January 2021, the concept of open banking under the Payment Directive Services 2 in the European Union celebrated its third anniversary. Since 13th January, 2018, the concept of open banking went on to become a mandatory regulatory requirement in the United Kingdom. The given concept was put into execution with the purpose of

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MasterCard Introduces Next-Generation Contactless Payments

On 26th January 2021, MasterCard made the announcement that it is going to apply for the revolutionary range of quantum-resistant technologies for the development of next-gen contactless payments. The Ecos or Enhanced Contactless specifications will be the first-ever such technology in the industry. It helps in ensuring that as the dynamic digital landscape continues to

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