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Across more than 10,000 banks and credit unions in the United States, only a small subset has a direct merchant acquiring strategy.
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Yet, one would be hard-pressed to find a single bank that does not have a small- to medium-sized business (SMB) banking strategy in-house.
“It’s a natural extension [of that small business strategy] to allow those small businesses to accept...
A fundamental shift in consumer financial behavior is redefining the landscape for banking institutions, revealing that even high income doesn’t guarantee proactive money management when the economy gets tight.
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New research from PYMNTS Intelligence reveals that consumer financial management isn’t solely a function of income but a reflection of distinct behavioral...
The link between feeling good and playing good isn’t just tied to sports. It can hold sway in the business landscape, too.
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How a business feels and its sense of certainty may be just as important as how it performs. As interest rates, supply chain fragility, and inflation continue to unsettle markets, firms are not just navigating numbers. They’re navigating their own...
The intersection of generative AI and computational medicine is not just a convergence of buzzwords. It signals a paradigm shift in clinical research, and it could be coming in large part through the use of AI-powered digital twins, which in healthcare are simple in theory, but transformative in practice.
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Drug development has traditionally been an industry defined by...
The CE 100 rode the waves of volatile trading this past week, alongside the broader market indices, to finish 1.8% lower.
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The prospect of widening conflict in the Middle East helped overshadow the news that inflation slowed, a bit, as measured in May.
The recent performance reversed some of the gains logged in recent weeks. Only the Be Well sector moved higher, adding...
The most digitally-native cohort is rapidly reshaping the financial services landscape. With their purchasing power projected to reach $12 trillion in just five years and a staggering $84 trillion in assets by 2045, GenZ represents an undeniable force for banks worldwide. However, their unique behaviors — from preferring non-traditional providers to demanding real-time payouts and aligning with...
American companies are reportedly resorting to job cuts amid tariff-related uncertainty.
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More than 170 companies are expected to announce layoffs this month, Seeking Alpha reported Saturday (June 14), citing WARNTracker.com, a website that tracks cuts based on Worker Adjustment and Retraining Notification (WARN) Act notices filed by employers.
According to the report,...
Cryptocurrency exchanges Coinbase and Gemini are reportedly on the verge of being licensed in Europe.
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That’s according to a report Friday (June 13) by Reuters, which noted that the companies are reaching this milestone amid contention among European Union (EU) regulators over how quickly and easily some countries are granting such licenses.
The EU’s Markets in Crypto-...
StubHub is reportedly threatening to leave the U.K. over a proposed cap on ticket-resale prices.
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As the Financial Times (FT) reported Sunday (June 15), the British government is considering plans to limit ticket resales to their original price, or limit increases to 30%. The goal is to crackdown on scalpers charging steep prices to fans attending sporting events or...
American travelers are reportedly delaying or scaling back their vacations in an uncertain economic climate.
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As the Financial Times (FT) reported Sunday (June 15), fewer people passed through U.S. airports in the last 90 days than in the same timeframe in 2024. Air travel has begun to dip for the first time since the height of the COVID pandemic, the report added,...