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Global Sales Brands (Mercedes, IKEA, Walmart, Amazon)-companies with extensive data about their consumers will use fintech to offer financial services to customers, profiting from good risk and pushing bad risk to banks and insurance companies. So far this year, investors have poured $4.25 billion into embedded finance startups, almost three times the amount in 2020

Impacts and Implications are huge...great find!

"Fun" facts about the current state of payday lending in the US

Just when you thought QE (qualitative easing) was getting out of hand, the Federal Reserve is now looking to create a digital Federal Reserve Note. The language of the proposed bill is monumental. > "The bill is called the "Digital Asset Market Structure and Investor Protection Act" ("Digital Asset Bill"). And for the majority, it sets out future rules for crypto. However, hidden in this bill, changes to the foundation of the Dollar are proposed." > "...the Federal Reserve System is authorized to issue digital versions of Federal reserve notes in addition to current physical Federal reserve notes. Further, the Board of Governors of the Federal Reserve System, after consultation with the Secretary of the Treasury, is authorized to use distributed ledger technology for the creation, distribution and recordation of all transactions involving digital Federal reserve notes." > BitDollars??