Sat.Jun 25, 2016 - Fri.Jul 01, 2016

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Number Of Millennial Households Expected To Soar Over Next 10 Years

PYMNTS

A lot of millennials are still living at home with their parents, but as more and more of them begin moving out in the coming years, they could have a significant impact on both the housing and rental markets. Many millennials – defined in the study as adults currently between 25 to 34 years old – are still living with their parents due to a series of economic factors, but as they start to age and move out on their own the number of millennial households is expected to swell by about 2 million n

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Hospital-Physician Alignment Options in a Rapidly Changing Environment

Katz,Sapper&Miller

Healthcare reform has significantly changed the healthcare industry over the last several years, creating new reimbursement and care delivery models. As the competition for talent, technology, specialties, and patients increases, many hospitals have aligned with physician groups as a way to streamline costs while increasing the breadth and quality of their services.

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Apple Pay’s Tough Twenty Months

PYMNTS

In the mood for a little role play today? Your head of product walks into your office with his end of quarter report for one of your flagship services. This service was positioned as a critical feature in driving demand for other products and services in the company’s portfolio. It’s been nearly two years – 20 months to be precise — since it was launched after significant investments in engineering, marketing and promotion.

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The Great Merchant Terminal Makeover

PYMNTS

Mobile technology, already a fixture in consumers’ daily lives, is having a major impact on the retail industry. Merchants are turning to mobile technology in the form of mPOS platforms in order to better serve and connect with their customers and make sure those customers return. To discuss how mobile, full-service payments solutions are impacting retailers, for this month’s Tracker cover story, PYMNTS caught up with executives from CardFlight, Retail Pro and ShopKeep, as well as with Jordan Mc

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How to Build the Ideal HR Team

HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.

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How Singapore Is Fueling A ‘Smart Nation’

PYMNTS

Singapore is on a mission to build up a Smart Nation by utilizing innovation and technology to create opportunities and strengthen communities. The country’s technology ecosystem is setting the foundation for good governance, infrastructure and increased capabilities, which makes it no surprise Singapore has gained attention for its tech initiatives.

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TSYS Puts Bitcoin In Perspective

PYMNTS

Russell Moore, Director of Innovation at TSYS , agrees that it’s been misused in a myriad of ways, but feels that bitcoin and other cryptocurrencies offer merchants the chance to view payment processing in a new way. He gives PYMNTS a different take on the use of cryptocurrencies in payments. PYMNTS: What is the biggest misconception about bitcoin and digital currencies in terms of the payments processing perspective?

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The Changing Demographics Of The Grocery Game

PYMNTS

Until very recently, grocery was easily viewable as a static category in the United States. An extremely important one — since it is one of the few absolutely necessary categories that one can count on pretty much all consumers to spend in — but a fairly predictable one because of all that built-in necessity. Which meant for a long time much of grocery looked and felt very much the same.

Gaming 45
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Walmart Wants To Add $250 Billion In US-Made Products By 2023

PYMNTS

Walmart wants to add $250 billion worth of Made in the USA products to its stores by 2023, an ambitious plan the retail giant says will add 1 million new American-based manufacturing and support jobs as well. Walmart held its fourth annual U.S. Manufacturing Summit at its Arkansas headquarters this week, inviting hundreds of companies, suppliers and entrepreneurs to discuss how it was going to find and support more American products and manufacturers and accept new American manufactured product

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First Data’s Bid To Go Beyond Payments Acceptance

PYMNTS

Mighty oaks from little acorns grow, goes the old saying. And, in payments, there are a slew of providers clamoring for the chance to get in on the ground floor with those little acorns so that – as they become those mighty oaks – they are able to ride the growth curve along with them. There’s only one problem: Many services providers who are great at catering to the little acorns can’t accommodate their needs on the way up to becoming the mighty oaks.

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How To Build A Mobile Payments Network

PYMNTS

[link]. Wanna know the secret to launching a mobile payments network? Don’t make its value proposition to either merchants or consumers about payments. That’s the key insight from LevelUp Chief Ninja Seth Priebatsch, someone who has been beavering away at building a mobile payments network since 2011. In this week’s installment of PYMNTS’ video/audio series The Matchmaker Is In , hosts Karen Webster and David Evans, economist, MPD Founder and co-author of the bestselling book “ Matchmakers: Th

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Planning Your Restaurant's Path to Profitability

Speaker: James Kahler, COO of Full Course

Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.

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Wells Fargo Goes Real Time For P2P

PYMNTS

Starting Aug. 1, Wells Fargo will be bringing its 17 million+ mobile banking customers real-time P2P payments, thanks to Early Warning’s clearXchange network. As part of the deal, Wells Fargo will enable those customers the chance to send funds in real time for no cost to any customer that participates in the same program on the network. As it stands now, Wells Fargo customers themselves can already do this for free from customers within the network.

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Is Encryption Really Working?

PYMNTS

Encryption is now a payments best practice. That’s one of the key takeaways from the latest Global Encryption Application Trends Study, which is an independent research study conducted by the Ponemon Institute and sponsored by Thales e-Security. The report tracks how various industry sectors and geographies use encryption coupled with business applications to protect their data.

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Chipotle Hopes New ‘Chiptopia’ Loyalty Program Will Bring Back Costumers

PYMNTS

Chipotle wants you back as a costumer and has launched a new loyalty program that it hopes will make that happen. The popular burrito (and burrito bowl) making fast-food chain has announced a new branding campaign dubbed “Chiptopia” that it hopes will draw back in many of the diners who ditched the brand after a series of health-related scares last fall.

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Sounding Off On The Future Of IoT

PYMNTS

Physical boundaries? Where we’re going there are no physical boundaries … at least when it comes to IoT, as industry innovations continue to challenge traditional notions of what a connected device looks like. And, yes, the landscape does seem downright “Back to the Future” inspired. Beyond the confines of smartphones, tablets and computers, cloud-based solutions (like Amazon’s Alexa ecosystem ) are empowering everything – from headsets to home sensors to users’ voices – with connect

Gaming 42
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How Automation is Driving Efficiency Through the Last Mile of Reporting

Speaker: Jamie Eagan

As organizations strive for agility and efficiency, it's imperative for finance leaders to embrace innovative technologies and redefine traditional processes. Join us as we explore the pivotal role of digitalization and automation in reshaping what is commonly referred to as the “last mile of reporting”. We’ll deep-dive into why digitalization is no longer a choice, but a necessity for finance departments to stay competitive in a fast-paced environment touching on: 2024 trends for the Office of

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How Small Biz Plans To Finance Their Growth

PYMNTS

Small businesses have a multitude of options when they need external financing. There are the traditional routes, like small business bank loans, and then there are the alternative and online lending sources. On top of that, small businesses are commonly using personal means – friends and family or personal credit cards – to support their enterprises.

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Amazon Payments Soon A Way To Pay Federal Government

PYMNTS

Amazon Payments will soon be an official payment option of the U.S. federal government. The Bureau of the Fiscal Service announced today (June 29) that Amazon Payments will soon be a digital payment option for consumers needing to make an online payment to the federal government. This is being done in order to increase the efficiency for consumers paying the government electronically. “We are committed to giving Americans choices for transacting with their government,” said Corvelli McDani

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In-Store Apps Could Make Retail’s Mobile Moment

PYMNTS

Even the most omnichannel-savvy brick-and-mortar retailers have several justifiable fears about the rise of mobile in just about every path to purchase. Whether consumers are just taking the first steps of product research or are comparing prices standing in store aisles themselves, the pocket-sized smartphone is becoming an increasingly large factor in how and where consumers decide to pull out their pursestrings.

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New Study Says That Too Much ‘Wait Time’ Between Runway, Retail Turns Consumers Off

PYMNTS

The internet has put instant gratification – or at least the ability to be able to buy anything we want at any time that we want – at the tip of all of our fingers, and the logical extension of the “See Now, Buy Now” model is reshaping the fashion industry , although not all designers are thrilled with these changes and some have even decried them as “the death of creativity” for the fashion industry.

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No-Code Technology: The Key to Unlock the Future of Your Business

Global economies are reeling from recent upheavals—pandemic aftershocks, geopolitical conflicts, and a tech sector crunch. Mark Zuckerberg's 2023 "Year of Efficiency" ethos extends into 2024, with leaders seeking cost reductions without stunting growth. No-code technology emerges as a beacon of hope, fostering resilience and adaptability. Platforms like Make.com and Zapier empower even non-technical staff to automate and innovate, freeing IT for strategic tasks.

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Mind The Brexit Gap In Clarity, Please

PYMNTS

It’s hard to find many headline this week that doesn’t have something to do with Brexit and how the U.K.’s decision to say “see ya” to the E.U. is impacting everything from eCommerce sales to the value of the nation’s biggest financial institutions. But with London itself being one of the world’s biggest FinTech centers, the real question that’s yet to be answered is how the Brexit fallout will impact the various merchants, startups and VCs that call the city home.

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Generation Z And Omnicommerce

PYMNTS

Bringing Omni To The Market . More merchants are adding omnichannel services to their offerings, eclipsing the need for physical currency and leaving many wondering what the future holds for old-fashioned, cash-based businesses – like mom-and-pop shops and farmers markets. After all, if people aren’t carrying bills – or even cards – with them, how will traditionally non-digital retailers keep up?

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June’s Top 12 Mobile Pay Moments

PYMNTS

Today marks the last day of June 2016, which means we’re halfway through the year. And what better way to mark that milestone than with a monthly recap of the Top 12 news items in one major market in the payments ecosystem: mobile payments. Here’s what you may have missed this month from some of the top mobile pay players. Apple Pay — 20 Months In.

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Kroger Sues Visa Over EMV PIN

PYMNTS

Kroger Co. is suing Visa Inc. over EMV PIN debit-card transactions, claiming that the card network threatened them with increased fees and eliminating debit acceptance capacity in-store, if the nation’s largest grocer refused to abide by Visa’s stated EMV rules. Visa informed Kroger their machines are out of compliance with Visa’s requirement that customers be given the choice to verify debit purchases with a signature or a PIN instead of just a PIN when presenting their EMV cards at

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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

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Under Armour Wants To ‘Reinvent’ Baltimore, But Not Everyone’s Feeling It

PYMNTS

Kevin Plank, Under Amour’s more than ambitious CEO , is seeking more than $1 billion in local, state and federal funding to rebuild a depressed portion of Baltimore’s waterfront known as Fort Covington. The problem, many locals say, is that only Under Armour will benefit from the arrangement. Plank’s privately-owned development group, Sagamore Development, has purchased about 266 acres of distressed real estate near or around the water in Baltimore and plans to build, from the ground up, over th

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Former Secret Service Agent Suspected Of More Bitcoin Thefts

PYMNTS

Bitcoin, continuing to bring out the best in everyone it touches. Former Secret Service agent Shaun Bridges has already been found to have stolen funds seized by the feds during the investigation of the Silk Road – the former favored black market bazar of the dark web. He is now tied to at least two other instances of theft, according to court filings unsealed this week.

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JPMorgan Launches ‘In-Residence’ FinTech Startup Program

PYMNTS

JPMorgan just launched its own version of a FinTech accelerator, but with a twist. That’s all part of JPMorgan’s Corporate and Investment Bank’s new strategy for a program called In-Residence , a FinTech startup-like lab designed to help young companies overcome industry challenges. JPMorgan is setting itself apart from a traditional accelerator by inviting these companies to sit with the bank’s businesses so they can develop innovations that are specifically needed in th

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Uber China’s New Vision Goes Beyond Rides

PYMNTS

Uber has made it clear that China is going to be a major market for the ride-hailing service. But there are challenges. “We are profitable in the U.S., but in China, we’re losing over a billion dollars a year,” Uber CEO Travis Kalanick said at an event earlier this year. And Uber’s billion-dollar loss comes as the battle over capturing the Chinese market seems to be growing fiercer by the day.

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Recruit and Retain New Blue-Collar Talent

Blue-collar jobs have a branding problem. One company, GEON, partnered with Paycor to find the solution. Learn how to attract, engage, and retain blue-collar employees, helping them build meaningful careers – and support your company’s goals.

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Is The Techxit The Logical Outcome Of The Brexit?

PYMNTS

While a variety of opinions about the U.K.’s vote to leave the European Union are possible, there is something that almost everyone on the p lanet e arth can now attest as truth: That old stereotype about the British being dull is officially obsolete. . The U.K. has been arguably the most watched and scrutinized island in the world for the last 72 hours or so — and it seems likely that this trend will persist, barring the surfacing of Atlantis in the next few days. .

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Judge: Visa, MasterCard Merchant Antitrust Settlement Overturned

PYMNTS

A $7.25 billion antitrust settlement over credit card fees between Visa, MasterCard and millions of retailers was tossed out by the 2nd U.S. Circuit of Appeals in New York. According to Reuters , this is the largest all-cash antitrust case in U.S. history. According to reports, the case, which began in 2005, was thrown out because some retailers involved were reportedly improperly represented.

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Great Expectations For The AP Evolution

PYMNTS

The perception of the role of Accounts Payable among professionals has moved up a notch, according to Ardent Partners. But in the struggle for AP to transform from what’s often considered a lagging, inefficient process to a strategic process that provides operational value to the enterprise, AP needs to keep working on its perception problem. A new study conducted for Ardent Partners’ “ ePayables 2016: Eyes on the Prize ” report found that only 15 percent of companies vie

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Uber Drops Lyft Data Breach Subpoena

PYMNTS

Top executives from both Uber and Lyft have avoided going to trial as part of a litigation settlement. As a result, they have avoided potentially giving up proprietary company data during the hearings. This litigation involved Lyft and former COO Travis VanderZanden in California in a case that stemmed from accusations from Lyft that he broke confidentiality pledges for working for Uber.

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Join the Instant Payment Revolution: Read 7 Must-Know Facts for Small Businesses

Technology evolves at lightning speed, and as finance keeps changing, instant payments emerge as a game-changer for small businesses. By 2030, instant payments are projected to surge by 289% and will become the new norm in financial transactions. Our whitepaper reveals seven must-know facts about instant payments, offering to help you navigate this financial revolution effectively.