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The Connected Economy: It’s About Time

PYMNTS

One of the most important innovations in history is the pendulum clock, which was invented in 1636 by Christiaan Huygens , a Dutch scientist and founder of the field of mathematical physics. Enabling people to use their scarce time more efficiently has been at the core of many disruptive innovations throughout history.

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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. As a result of its product innovation efforts, Stripe has seen explosive growth in product adoption and valuation. A decade of online payments innovation.

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Bitcoin’s Resplendent Week

PYMNTS

But Takach is confident that the law will catch up with technological innovation. A local bitcoin radio ad campaign is attempting to win support for local bitcoin owners to allow them to pay a lower percentage fee to credit card companies from their sales. versus Canada, according to NewsBTC.

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Meeting Debt Collection Challenges Amid a Squeeze on Income

FICO

It directly relates to research undertaken in 2010 when empirical evidence showed that economic victims have very different risk profiles and often respond very differently when they’re struggling to service personal debt. Increasing inflation, interest rates and income tax are also at 40-year highs.

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What’s Wrong With The Attack On Gig Economy Pay

PYMNTS

It was not uncommon for drivers to have to fork over as much as a third of their wages to the taxi company, as well as payment to lease the taxi and an additional 10 percent for any fares put on a credit card. They want tools to help track their expenses and manage tax payments for the work they perform.

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AltFin’s Bumpy Ride Into An Uncertain 2019

PYMNTS

consumers owe roughly 26 percent of their annual income to debt, up from 22 percent in 2010. These secretly vulnerable consumers, Webster noted, often use debt to make ends meet, either on credit cards or through alternative vehicles like online lenders. According to the Federal Reserve , U.S. That amounts to $13.2 trillion, up 18.5

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From Investing To Budgeting, How Millennials Are Disrupting Personal Finance

CB Insights

This openness to banking alternatives presents opportunities for fintech startups looking to innovate in financial services from the outside. But incumbent banks are also at the forefront of the most promising innovations in personal finance today, such as virtual credit cards. From big banks to big tech. It acquired 1.5M