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Payday Lending: An Unnecessary Burden on Military Service Members

The Fintech Times

Alex Haig, DailyPay In 2024, you would be hard-pressed to drive more than a few blocks outside the gates of any military base in the US without encountering a slew of payday lending establishments. Here, Haig highlights the need for more accessible and fair financial solutions. However, the MLA does not go far enough.

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Mastercard Incurs $650M Fine Over EU Antitrust Law

PYMNTS

Mastercard incurred a $650 million fourth-quarter charge related to a large fine over a 2015 EU antitrust investigation , Reuters reported on Tuesday (Dec. The company was accused of setting rules that blocked banks in one EU country from offering lower interchange fees to a retailer in another EU country.

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South Korea Says It Will Not Ban Crypto-Trading

PYMNTS

South Korea is one of the world’s major hubs for crypto trading — and a local ban was considered a stumbling block for an exploding market. It has also been a weight on the price of bitcoin, which has seen its prices struggle in early 2018 after explosive growth capping off 2017.

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What Is Blockchain Technology?

CB Insights

Because of this cap on the number of bitcoins in circulation, which will eventually be reached, bitcoin is inherently resistant to inflation. Remember Bitcoin’s rules: it caps the number of bitcoin at 21M and uses the Proof of Work system to secure the network. Many of them seek to improve on Bitcoin or expand its capabilities.

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The Frightful Five: Fake Apps And Hubcaps

PYMNTS

Finally, Mercedes-Benz busted Amazon for selling three sets of counterfeit branded wheel caps, which were listed on the platform and marked as “ships from and sold by Amazon.com.” Amazon told the Seattle Times that these two developments were unrelated and that the hiring lag was due to seasonal fluctuations.

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Payments Believe It Or Not

PYMNTS

The short list — the very short list — includes Mastercard and VocaLink’s big pair-up, Visa and PayPal’s big pair-up, Worldpay’s two-week malfunction , Cabela’s taking its place on the auction block , Walmart pulling the plug on Visa in a few stores in Canada and Amazon sticking its toe into the student loan waters.

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Bridging Images and Text - a Survey of VLMs

Nanonets

​ ViTamin trains a vision tower that is a concatenation of Convolution and Transformer blocks to get the best of both worlds. POPE is a curious dataset that exemplifies how one can create complexity using simple building blocks. PT (2024) 558k Yet another dataset that was genereated by calling GPT4 on images.