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Customers sent $490 billion through Zelle in 2021, as opposed to $230 billion through its closest competitor, Venmo. It's the sort of number that would rattle you to your core if you live in a Venmo home and serve as a wake-up call that we all live in some manner of bubble.
Fraud is a major concern, no matter what payment app you use. According to industry consultant Javelin Strategy & Research, over 18 million individuals were defrauded via payment apps and digital wallets in 2020.
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“Corporate statements do very little to change outcomes or minds.”
Bob Chapek, the CEO of Disney, informed employees that the company would not take a formal position on Florida's "Don't Say Gay" bill, which prohibits teaching about sexual orientation and gender identity in schools. According to Chapek, while Disney's leadership team unquestionably supports the LGBTQ+ community, there are other ways to effect change.
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A profile of the Saudi Crown Prince Mohammed bin Salman. (The Atlantic)
