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Philippine remittances see first drop since 2001

Payments Source

The amount of money repatriated by Filipinos abroad fell last year for the first time since 2001 as the pandemic upended the global job market.

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Searching for the Priceline of Fintech after Lending Market Meltdown Week

Bank Innovation

You could have bought Priceline stock below $10 in 2001. For many years you had little to show for it. From then until 2008, you had some appreciation, but not much. Then the stock shot up above $1,000 (as of writing it is $1,261). Yes that is 100x return from Read More.

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Black Swans Are The Sandbox Of New Innovations

PYMNTS

At the time of the black swans in 2001 and 2008, it was hard to tell anything positive was coming out of them. But when the dotcom bust happened in 2001, our innovations also died. Our GDP, the financial markets and key industries will recover over time. Black Swans Are the Sandbox of New Innovations.

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Bitcoin Daily: Luxembourg Passes Blockchain Bill; Overstock tZERO Volume Sluggish

PYMNTS

Those investors and others who likely lost their shirts in the last 6 months on crypto and maybe even traditional market investments are the ones selling now.”. Luxembourg had already passed a bill to legally issue “dematerialized securities” in April 2013 through an amendment to a 2001 securities law.

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DOJ Nearing Decision On Antitrust Suit Against Google

PYMNTS

Supreme Court to announce a bipartisan investigation into whether the company has abused its position in the online advertising market. It controls one-third of the world’s online ad spending, but 90 percent of the market for some ad tech tools. The two sides settled in 2001. Each state has launched separate probes. “I

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FinCEN AML/CTF Priorities Part 6: Transnational Organized Crime (TOC)

Abrigo

in 2001 began outlining strategies to combat transnational organized crime. A Focus Since 2001. In 2001, President Obama announced the Strategy to Combat Transnational Organized Crime. Break the economic power of transnational criminal networks and protect strategic markets and the U.S. Takeaway 2 The U.S.

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Elavon Spends $300M For Sage Pay

PYMNTS

Elavon was acquired by US Bancorp in 2001 for $2.1 This acquisition brings tremendous talent and leading technology to Elavon, which can be leveraged across the European market.”. With Sage Pay, Elavon has increased its market share in the U.K. billion and is active in 10 countries. and Ireland. “We

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