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Why JPMorgan Wants A Piece Of The SMB POS Market

PYMNTS

Those latter two firms have been in the in-store POS market for quite some time (Square, for example, since 2009). We think it’s a great differentiator for businesses because getting money into their account quickly is so important as they manage their cash flow.”.

Marketing 306
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JPMorgan Takes On Square And PayPal At The Point Of Sale

PYMNTS

He added that instant funds can help SMBs better manage cash flow . Before Square, launched by Twitter co-founder Jack Dorsey in 2009, SMBs had a hard time maneuvering point-of-sale (POS) card transactions. Square now manages $100 billion in annual payments and has an $83 billion market capitalization, the article said.

Fintech 309
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EY Accused Of Missing Alleged Wirecard Fraud

PYMNTS

Wirecard explained that the money was kept that way for risk management, saying it could be saved to provide refunds or chargebacks if needed. WSJ reported on one instance in which an EY senior manager left a note for a Wirecard executive saying EY was preparing to ask questions about a trustee account.

Fraud 327
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Square Said To Mull Buy of Jay-Z’s TIDAL Music-Streaming Service

PYMNTS

Add in a drought of live performances due to coronavirus restrictions and health concerns and the market for digital content has exploded this year. Top-ranked Spotify is leading the space, with 286 million monthly active users — half of which pay at least $99 per year for ad-free premium listening — and a $62 billion market value.

Video 349
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Money Management During The Coronavirus Crisis

BankBazaar

It is way worse than the global financial crisis of 2008-2009.”. Therefore, smart money management is critical to survival through this period. HOW TO MANAGE CASH. The dos and don’ts of liquidity management. Therefore, always own an independent policy from the retail market for yourself and your dependent family members.

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US Business Activity Expands In January

PYMNTS

private businesses reported that 2021 is off to a good start overall, but signs of inflation are on the rise, and the jobs market outlook is somewhat gloomy, according to a press release from research firm IHS Markit. Manufacturing PMI — an abbreviation of purchasing managers index — is 59.1, Operators of U.S. up from 54.8

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MoneyGram Teams With LuLu Money To Power Asia-Pacific Transactions

PYMNTS

Adeeb Ahamed, managing director of LuLu Financial Group , which is headquartered in Abu Dhabi, said the collaboration with MoneyGram “will revolutionize” how remittances are handled in the Asia-Pacific region, “changing the way people approach digital transactions.”. ” Launched in 2009, Lulu Money has five million users processing 1.1

Regional 250