What went down: At an invitation-only dinner on day two of Money20/20, Dan Van Dyke, VP of financial services content at Insider Intelligence, talked about all things buy now, pay later (BNPL) with a group of executive attendees. More specifically, he posed the pertinent question: Where’s BNPL headed? The environment: It’s no secret that players in the BNPL space…
Monthly Archives: October 2022
Qatar reportedly spent over $229 billion on the largest infrastructure project in World Cup history. The Gulf state recruited hundreds of thousands of migrant workers mainly from India and Nepal. Behind the glitz and celebrity endorsements lie accusations of corruption and human-rights abuses. In November, Qatar will become the first country in the Middle East…
Getty Images Saudi Arabia’s state-run oil giant is investing $1.5 billion in a new energy transition plan. Saudi Aramco’s CEO Amin Nasser said the current framework is “flawed.” The Kingdom has cautioned that the transition could take decades. Saudi Arabia’s state-run oil giant is investing $1.5 billion in a global energy transition, while cautioning that…
The trend: Continuing the rush of big-name financial institutions entering the banking as a service (BaaS) space, global payments firm Marqeta added a suite of BaaS products to its card-issuance platform, per FinExtra. Becoming a bank: The seven products will be housed under the name Marqeta for Banking and will provide end-to-end banking services to its clients. Read the original article on Business…
Insider’s experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our our partners, however, our opinions are our own. Terms apply to offers listed on this page. There are several ways to contact the IRS when needed. Justin Pumfrey/Getty…
Ann Matica Ann Matica visited Salem, Massachusetts, to see what the tourism industry is like in October. She went window shopping, explored a “haunted” house, and got her tarot cards read by a psychic. While the crowds of people were a lot, she said Salem did help get her into the spirit of Halloween. Every…
A composite of two file photos showing Russia’s Vladimir Putin and President Joe Biden. Mikhail Svetlov/Getty Images, Anna Moneymaker/Getty Images A controversial letter went out without those who signed it knowing, per a Rep. who spoke to CNN. 30 progressive Democrats signed a letter urging diplomacy with Russia over its invasion of Ukraine. Some said…
Robert Galbraith/ Reuters The US 30-year fixed mortgage hit 7.16% in the week ending October 21, Mortgage Bankers Association data showed Wednesday. It’s the first time the rate has topped 7% since 2001. At the same time, purchase and refinance applications dropped for the 10th time in 11 weeks, the report showed. Rates for the…
A pawnshop display in Germany. Bernd Weißbrod/picture alliance via Getty Images Nick Fulton has been working in the pawnshop industry for 30 years. Pawnbrokers ask for identification as one of their safeguards against pawning stolen items. Unlike the movies, where pawn transactions can be quick, you may have to be patient during yours. This as-told-to…
Google has some good news for folks who are on the Workspace individual plan. Those who use the service, such as self-employed people and entrepreneurs, will soon get a significant storage upgrade from 15GB to 1TB at no extra cost. Most Workspace individual users won’t need to worry about running out of storage space in…