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WHAT IS A FINANCE CHARGE?


A finance charge refers to any cost related to borrowing money, obtaining credit, or paying off loan obligations. It is, in short, the cost that an individual, company, or other entity incurs by borrowing money. Any amount that a borrower needs to pay in addition to paying back the actual money borrowed qualifies as a

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CANADIAN FINTECH FIRM LAUNCHES NIGERIAN ARM


Canadian fintech startup and credit assessment company, Periculum, has announced its launch in Nigeria. According to a statement, the company aims to tackle the challenge of domestic credit in underserved markets by automating credit assessment tools to close the consumer credit gap and help financial institutions provide credit facilities to the financially excluded. Read More

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FINTECH INNOVATION LAB LONDON: CLASS OF 2022!


This year marks the 10th anniversary of Accenture’s FinTech Innovation Lab London! Themed around “FinTech for Good”, our lab continues to champion diversity and inclusion. Our cohort has been hand-picked from over 250 applicants received from around the world and includes 43%, female founders. Based in 13 locations, across 8 countries, the 14 selected startups

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CHETWOOD FINANCIAL LAUNCHES FIRST CREDIT CARD, WAVE


Chetwood Financial today announces the launch of Wave, the digital bank’s first-ever credit card, empowering customers to control their spending and manage their finances over the long term. Designed by customers for customers, the Wave credit card offers flexibility and ease for near-prime consumers who typically have fewer credit options available to them, with less functionality.

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CONTACTLESS PAYMENTS IN TRANSPORTATION: EMERGING PAYMENTS TRENDS


THE 2021 PAYMENTS CANADA SUMMIT The SUMMIT is Canada’s premier payments conference. Canada is undergoing a massive transformation in its payments ecosystem. The SUMMIT is the ideal meeting point for the payments community to exchange ideas on the future state of the payments industry. Canada has a leading role to play in evolving the global