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China’s Cyberspace Watchdog Mulls Stricter Online Oversight 

PYMNTS

It said it is striving to protect people’s rights and interests and safeguard national security. The regulator enforces China’s digital censorship rules, but specific definitions weren’t developed when the agency was created in 2000.

Online 171
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National Funding Explores AltFin’s Uncertain Growth Trajectory

PYMNTS

However, Dave Gilbert, founder and chief executive officer of SMB alternative lending firm National Funding , said he’s seen a trend of growing traction within the small business community. “Now, more than ever, we are seeing more SMBs becoming comfortable with accessing financing via online-only solutions,” he stated.

National 167
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UN Blockchain Expert Says Digital Cash Could Replace Bank Accounts

PYMNTS

United Nations global blockchain expert Massimo Buonomo has foreseen a future where digital currencies could replace low-interest bank accounts, Coindesk reports. In addition, Buonomo said digital currencies, especially central bank digital currencies (CBDC) may eventually be able to replace all bank accounts.

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The Many Answers To ‘What Is A Bank?’

PYMNTS

The definition of a bank was more or less unchanged for centuries. Then, within a matter of a few years, the old definitions have become more of a starting place than a final destination. Definitions Are Changing. Not surprisingly, the old definitions still hold enormous cachet with respondents. percent and 23.4

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Is Dollar Retail The Future Of Online Impulse Buys?

PYMNTS

If brick-and-mortar merchants can claim anything sacred from the total encroachment of online retail on its turf, it’s the highest echelon of uber-luxurious commerce. That is, if the current trend toward dollar shopping holds — both in-store and online. billion total.

Online 100
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Afterpay Teams With Simon Before Holiday Shopping Season

PYMNTS

To help merchants and promote Afterpay in-store payment services to individuals before the busy holiday shopping season, buy now, pay later (BNPL) firm Afterpay and Simon have announced a national collaboration. CEO Nick Molnar said in a past PYMNTS panel. And there's a huge opportunity.

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Industry Slant // Bo Berg Talks Giant Schnauzers, DJing, Financial Services

Perficient

BB : In 1992, I discovered these online bulletin boards, where you could communicate with people all around the world. I eventually got headhunted to work for City National Bank in Los Angeles. MM: So, you started at City National Bank, and was the bank online before you got there? BB: Definitely coffee.

Industry 539