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Bank of Russia increases rates to highest point since 2003

The Paypers

The National Bank of Russia has raised its key interest rate to the highest point in the past two decades, reaching a new historic high of 20% from former 9.5%.

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The Few, the Proud, the Protected — Provisions in SCRA That Financial Institutions Must Be Aware Of

Perficient

The Act was revisited frequently in the 20 th Century and became the Servicemembers Civil Relief Act in December 2003. Members of the Army and Air National Guard, provided they have been called to respond to a national emergency and their period of active duty is more than 30 days in a row. All active-duty Reserve personnel.

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McDonald’s Banks On Bakery To Beef Up Breakfast Sales

PYMNTS

Breakfast burritos topped the morning menu at McDonald’s in 1991, and McGriddles followed in 2003. In fact, McDonald’s marked National Cheeseburger Month by offering mobile order-ahead app (MOA) customers a 50-cent double cheeseburger, a throwback to the cost of a cheeseburger when it became a menu item in 1963.

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Eclipse Acquisition Brings Payment Alliance Int’l 15K More ATMs

PYMNTS

“Eclipse brings an important set of business expansion opportunities to PAI,” David Dove, PAI CEO, said in a press release. “We We are very pleased to have Eclipse CEO Chris Biedrzycki and his team join us.”.

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Financial Services: The Next Generation … where is it?

Chris Skinner

Both economies are what Jim O’Neill threw into the BRICs discussion of 2003, although Brazil and Russia have not performed nearly as well economically or technologically as China and India. For these reasons, I see the Fintech in China and India as demonstrating growth economies characteristics.

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Microsoft Says Computer Bug Could Be Exploited By Malware

PYMNTS

The bug affects Windows 7, Windows Server 2008, Windows 2003 and Windows XP. Computers at Nissan, FedEx and England’s National Health Service were all affected. It could have potentially been even worse, but a security researcher activated a “kill switch” feature which prevented the bug from spreading any further.

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Deep Dive: The Latest Initiatives To Expand Mobile IDs

PYMNTS

The world’s population is expanding and many citizens — particularly those in developing nations — have no means of proving their identities, restricting their access to vital services like education and healthcare. The government plans to adapt SingPass for smartphones this year by rolling out a new national digital identity (NDI).

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