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2021: The Year Business Payments Go Digital And Lose The Paper Check

PYMNTS

Disque said office shutdowns have “created a lot of havoc. … 2021 Could Be All About Digitization . I think that in 2021, there’s going to be a real concerted effort to digitize all payments,” Disque said. It was delaying payments — putting pressure on buyer-supplier relationships.”

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Bitcoin Daily: Turkey To Test Digital Currency In 2021; Japan Prepares To Issue CBDC; Bitcoin Crests $28,000

PYMNTS

10, 2021 at 1 p.m., and the anticipated hard shutdown will take place Jan. 29, 2021, the blog says. Turkey is planning on piloting its own CBDC in the second half of 2021, according to a report from CoinDesk. After the closure of the exchange, the Binance KR team plans to look over its strategy.

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Deep Dive Into the Distribution of FICO® Scores Across the US

FICO

As of April 2021, the average FICO® Score in the United States sits at 716 , an increase of eight points compared to April 2020, which is around the time the economic shutdown driven by COVID-19 began in earnest. This recent increase in the average score is reflective, in part, of impacts that the COVID-19 pandemic has had on U.S.

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Crypto Crime Drops 39% But Challenges Persist, Including Ransomware Attacks, Transactions with Sanctioned Entities

Fintech News

Meanwhile, the growth of darknet market revenue gives the impression that the market is rebounding after the shutdown of leading platform Hydra, with total revenue climbing back towards its 2021 highs. Bitcoin is currently trading above US$47,000, a level last seen in December 2021, data from Coinmarketcap show.

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Pandemic Has Consumers Embracing QR Codes And Contactless Payments

PYMNTS

But since the great spring shutdown, many people have begun making forays into using the QR codes. However, nearly seven months later, the typical consumer believes it will be another 11 months before the pandemic ends, which would put us well into 2021 and bring the pandemic era to nearly 18 months. If You Try It, You’ll Like It.

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Digital Car Buying Platform Vroom To Test IPO Waters In June

PYMNTS

Vroom CEO Paul Hennessy told PYMNTS CEO Karen Webster recently that the effect on his business had been a “small chilling effect,” but not a total shutdown as it has been for others. Vroom’s projections for 2021 have gone down since the pandemic has set in. That round valued the company at $1.5 Before, the company was predicting a $3.2

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China Extends Economic Stimulus Measures For Small And Micro-Businesses

PYMNTS

China’s State Council announced late Tuesday that small and micro-sized businesses can defer loan payments past first quarter 2021 as needed, according to CNBC. Certain banks catering to small businesses will also continue to receive government support in the wake of a massive shutdown earlier this year due to the COVID-19 pandemic.