Afterpay, the $29 billion Aussie startup
Australian fintech Afterpay is being bought out by US digital payment platform Square—less than seven years after launching as a "buy now, pay later" start-up.
Aug 02, 2021
0
4
Business
News tagged with credit card
Business
Square to buy installment payment firm Afterpay in $29B deal
Digital payments company Square Inc. says it has agreed to acquire Afterpay, which provides a "buy now, pay later'' option for merchants, in an all-stock deal valued at about $29 billion.
Aug 02, 2021
0
552
Consumer & Gadgets
Ransomware, data breach, cyberattack: What do they have to do with your personal information?
The headlines are filled with news about ransomware attacks tying up organizations large and small, data breaches at major brand-name companies and cyberattacks by shadowy hackers associated with Russia, China and North Korea. ...
Jun 24, 2021
0
5
Business
Air India says data on 4.5 million passengers stolen
Hackers have stolen data on about 4.5 million Air India passengers around the world in the latest breach reported by a major airline.
May 22, 2021
0
32
Business
Amazon begins rollout of pay-by-palm at Whole Foods near HQ
Amazon is rolling out pay-by-palm technology at some Whole Foods grocery stores near its headquarters to make paying quicker and more convenient.
Apr 21, 2021
0
6
Business
US lawmakers press online ad auctioneers over user data
A bipartisan group of US senators has sent letters to major digital ad exchanges, including Google and Twitter, asking whether user data was sold to foreign entities who could use it for blackmail or other malicious ends.
Apr 03, 2021
0
5
Business
Record-breaking Bitcoin tumbles on Yellen warning
Bitcoin tumbled Tuesday from its record-breaking run after US Treasury Secretary Janet Yellen warned that the "highly speculative" unit could be used for "illicit" purposes.
Feb 23, 2021
3
5
Business
Security flaw detected for the second time in credit cards
After finding a vulnerability in certain credit cards for the first time last year, ETH researchers have now found a way to outsmart the PIN codes for other payment cards.
Feb 23, 2021
3
126
Business
Bitcoin goldrush sparks fears of speculative bubble
Bitcoin has enjoyed a record-breaking week after electric carmaker Tesla and Wall Street finance giants sparked a goldrush for the world's most popular virtual currency, but bubble fears persist.
Feb 19, 2021
1
4
Machine learning & AI
Artificial intelligence can deepen social inequality. Here are 5 ways to prevent this
From Google searches and dating sites to detecting credit card fraud, artificial intelligence (AI) keeps finding new ways to creep into our lives. But can we trust the algorithms that drive it?
Jan 13, 2021
1
8
Credit card
A credit card is part of a system of payments named after the small plastic card issued to users of the system. It is a card entitling its holder to buy goods and services based on the holder's promise to pay for these goods and services. The issuer of the card grants a line of credit to the consumer (or the user) from which the user can borrow money for payment to a merchant or as a cash advance to the user.
A credit card is different from a charge card, where a charge card requires the balance to be paid in full each month. In contrast, credit cards allow the consumers to 'revolve' their balance, at the cost of having interest charged. Most credit cards are issued by local banks or credit unions, and are the shape and size specified by the ISO/IEC 7810 standard as ID-1.
This text uses material from Wikipedia, licensed under CC BY-SA
