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How cash can promote tropical forest conservation

Paying rural villagers to cut down fewer trees boosts conservation not only while the payments are being made but even after they're discontinued, according to a new CU Boulder study involving 1,200 tropical forest users ...

US studying risk from online payment providers

The United States is studying the potential risk from online payment mechanisms like PayPal and Bitcoin, a top US Federal Reserve official told an international conference on Monday.

American Express makes digital wallets

American Express on Monday launched an online financial transactions service that it claims goes beyond what others provide in a market dominated by PayPal.

Rivals likely to reach for Google's 'Wallet'

With the announcement of "Google Wallet" the Internet giant became the first player to dash into a future where people use smartphones as credit cards, but rivals are expected to cut its lead short.

Conservation costs can be higher than bargained for

Sweeping policies that reward people in environmentally sensitive areas for returning their farmlands to nature have been lauded as ecological triumphs. But a new Michigan State University study shows that over time some ...

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