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Mastercard, Rockefeller Foundation Launch Online Data Platform For Non-Profits

PYMNTS

They intend to build on the legacy of the original DATA.org website—launched in 2002. The philanthropy organizations also revealed today a $10 million “impact challenge” to crowdsource data science initiatives and solutions for organizations in the non-profit, civic, and government space.

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Curinos publishes update to “Competition Drives Overdraft Disruption” study, predicting consumer savings of $28B from 2021 to 2025

CFPB Monitor

As has been previously reported by the CFPB through a blog post and two December 2021 overdraft reports , which we previously blogged about here and here , many banks have announced innovations and policy changes in the past year to enhance their overdraft programs and reduce consumer harm.

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Former Worldbank CEO On ClearBank’s New Core Banking Infrastructure And Driving FinTech Innovation

PYMNTS

that he sold to RBS in 2002. that resulted in the reduction in the number of clearing banks to four, the incredible rise in FinTech innovation in the U.K. and the dearth of anyone innovating in core banking systems — or even talking about establishing a new clearing and settlement bank that might expedite FinTech innovation.

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Marketplace Lending Depends on Savers Moving on From Bank Deposits

Bank Innovation

This feels like the Internet is dead consensus in 2002. Authoritative sources such as this Deloitte report (with sensationalist headline from Business Insider) add credibility to this meme. At the time I vividly recall the relief with which media companies Read More.

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Australia To Test Coronavirus Vaccine; US Doctor Claims To Have Potential Cure

PYMNTS

Testing is being done in cooperation with the Coalition for Epidemic Preparedness Innovations (CEPI), a global group whose mission is to speedily develop vaccines against emerging infectious diseases, DW wrote.

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Why Digital’s 3.0 Shift May Take Longer Than We Think

PYMNTS

Innovators with better tech will appear and — literally overnight — snatch your customers out of your calcified incumbent arms and build scale, they say. Especially if any of those innovations touched the physical world. These innovations would usher in digital’s 2.0 Not to mention the time it would take to do it. Digital’s 2.0

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simPRO Taps Square To Power Field Service Payments

PYMNTS

Founded in 2002, simPRO secured $31 million in growth capital in 2016 as part of an aggressive product innovation and expansion strategy. “By partnering with Square’s trusted payment platform, we are simplifying the billing and invoicing process for our customers.”.

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