India’s FamPay, a Neobank for Teenagers, Reveals that Most Tech-Savvy Young People are Still Making Cash Payments

Elroy Mariano

Younger people in India including Millennials and Gen Z consumers are usually quite tech-savvy because most of them have grown up using the latest smartphones. They regularly use the internet to take care of everyday tasks – which may include conducting digital transactions for online purchases from e-commerce stores.

Many younger people may also be enrolled in online learning programs and may be completing even more activities in a digital

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California Department of Insurance Fraud Suit Results in $24M in Payments from AbbVie

Elroy Mariano

California Insurance Commissioner Ricardo Lara this week announced a settlement agreement with AbbVie Inc. to resolve a lawsuit alleging violations of the California Insurance Frauds Prevention Act involving the marketing of blockbuster prescription drug HUMIRA.

AbbVie agreed to reform its HUMIRA marketing practices in California, including disclosing that registered nurses employed as “Ambassadors” to interact with patients about HUMIRA are actually paid by the company, not a medical provider, and

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Coronavirus cash: Economist says people who take vaccine should get $1,000 payments

Elroy Mariano

Want to make $1,000 off the coronavirus?

Well, if one economist had his way, you would get the cash in exchange for taking a vaccine for the virus.

“If we don’t get herd immunity, we’re not getting our economy back and we’re not getting our society and our lives back,” Robert Litan, an economist with the Brookings Institution, told Yahoo Finance. “If you paid $1,000 a person — so

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Already Leaning Towards Digital Money, Covid-19 Pushes More People Towards Contactless Payments

Elroy Mariano

With the rise of payment platforms like Venmo and Paypal, debit/credit cards and Apple Pay, consumers have been using less and less cash each

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Mnuchin Pulls It Off? ‘Economic Impact Payments’ (Free Govt Money) Hit Bank Accounts Today!

Elroy Mariano

Some Americans will see fatter balances when they log-in to their bank accounts today. Here are the details…

(by Half Dollar) Stevie did say “you’ll get your money in two weeks”.

And he said that on April 2nd:

And it seems he’s following through with the Free Lunches!

From the IRS:

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Money Order Basics: Tips for Payments

Elroy Mariano

Whether you’re buying or selling something, a money order might be your best option (or your only option) for payment. It’s considered a “safe” form of payment, making it a popular alternative to checks. But it’s important to understand the basic pros and cons of using money orders—and when other payment methods are a better choice.

What Is a Money Order?

A money order is a paper document,

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