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Pakistan Launches Payment System To Boost Financial Inclusion

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The Raast system was also supported by the World Bank, Britain and the United Nations. The app, called TAG, will work to provide assistance for the 100 million Pakistan adults who are unbanked. One goal for the company, according to Reuters, is to boost the role of women in the formal economy.

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RBI To Allow Non-Bank And UPI Methods For FASTags Payments

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The Reserve Bank of India (RBI) has made some payment moves to boost the National Electronic Toll Collection (NETC) in the country, according to the Business Standard. . The requests are going to be handled by the National Payments Corporation of India (NPCI).

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Uber Faces Lawsuit By British Drivers

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According to the 10-page complaint , by not providing the information, Uber is in violation of the European Union’s General Data Protection Regulation (GDPR), which regulates privacy protection in the 28-nation bloc. Uber has insisted that drivers are self-employed and not subject to management control. Uber lawyers have their hands full.

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The Stats of Summer

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Their headline figure was $16 billion, which is the aggregate value of the summer camp industry in the United States. We applaud The Times’ efforts to reduce the fun of summer to quantifiable units, but there are two big problems with letting the cost of summer go at $16 billion. For those keeping score at home, that is 39.6

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Olympics Delay Will Spark Race To Recoup Sunk Costs

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One wonders what the world will look like in the summer of 2021, and whether the crowds will be there to cheer on the world’s athletes – or even whether the roster of nations sending those athletes will be the same as it was before COVID-19 took root. Comcast’s NBCUniversal unit signed a deal roughly six years ago for the U.S.

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Deep Dive: Why The Pandemic Is Pushing MENA Regulators To Upgrade Open Banking, Privacy Laws

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Financial authorities and lawmakers in Abu Dhabi, Saudi Arabia and the United Arab Emirates (UAE) quickly followed Dubai’s lead as consumers and merchants headed online. MENA nations’ original rules involved data privacy, but they were focused on developing the open banking ecosystem and allowing information to move freely.

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The Incredibly Unexpected World Of Leap Year Commerce

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Russia lacks any clever sayings, but there is a widespread national belief that leap years are associated with bad weather in general – and an increased likelihood of being struck by lightning in particular. They simply have to tag @KrispyKreme with the hashtag #KrispyKremeSpecialDelivery and the chain will contact them.