Capital One to buy Discover for $35.3 bn
US banking giant Capital One announced Monday it will acquire financial services company Discover in a $35.3 billion all-stock deal combining two of America's major credit card firms.
Feb 20, 2024
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Business
US banking giant Capital One announced Monday it will acquire financial services company Discover in a $35.3 billion all-stock deal combining two of America's major credit card firms.
Feb 20, 2024
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Security
University of Twente has investigated the decision-making processes of victims forced to pay ransom following ransomware attacks. UT researcher Tom Meurs and his colleagues analyzed data provided by the Dutch National Police ...
Feb 5, 2024
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Business
To what extent methodological limitations and incomplete data impact the revenue estimations of cybercriminal groups using the Bitcoin blockchain was largely unknown. A new study, conducted by IMDEA Software Institute researchers ...
Dec 16, 2023
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Business
Meta Platforms Inc., Apple Inc., Alphabet Inc. and other companies that offer digital wallets and payment apps would fall under U.S. Consumer Financial Protection Bureau supervision under a newly proposed rule aimed at treating ...
Nov 8, 2023
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Business
Testifying in the biggest U.S. antitrust case in a quarter century, Google CEO Sundar Pichai defended his company's practice of paying Apple and other tech companies to make Google the default search engine on their devices, ...
Oct 30, 2023
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Business
The $650 million Facebook biometric privacy settlement is proving to be the class-action lawsuit that keeps on giving for Illinois social media users.
Oct 23, 2023
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Business
The European Central Bank moved closer to creating a "digital euro" Wednesday by greenlighting the next stage in the project, even as questions persist about the potential benefits and risks.
Oct 18, 2023
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Consumer & Gadgets
When was the last time you used cash? For many Australians using cash or even swiping a card has become a rare event.
Oct 17, 2023
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Business
Thousands Cash App and Square customers were unable to access their accounts or send money Thursday and early Friday due to system outages impacting both payment services.
Sep 8, 2023
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Internet
The social media platform X will begin offering video and audio calling, owner Elon Musk announced on Thursday, a step towards turning the former Twitter into an "everything app."
Aug 31, 2023
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A payment is the transfer of wealth from one party (such as a person or company) to another. A payment is usually made in exchange for the provision of goods, services or both, or to fulfill a legal obligation.
The simplest and oldest form of payment is barter, the exchange of one good or service for another. In the modern world, common means of payment by an individual include money, cheque, debit, credit, or bank transfer, and in trade such payments are frequently preceded by an invoice or result in a receipt. However, there are no arbitrary limits on the form a payment can take and thus in complex transactions between businesses, payments may take the form of stock or other more complicated arrangements.
In law, the payer is the party making a payment while the payee is the party receiving the payment.
This text uses material from Wikipedia, licensed under CC BY-SA