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FIS Buys Worldpay In $35B Cash, Stock Deal

PYMNTS

For Worldpay, it expands its distribution footprint and accelerates its entrance into new regions. The combined company will retain the FIS name and be headquartered in Jacksonville, Florida. In a press release , FIS said the deal expands its capabilities by enhancing its acquiring and payment offerings.

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TRENDING: Minor League Baseball, Jumbo Shrimp And A Payments Payroll Changeup

PYMNTS

FIs and other players in Asia-Pacific will need to make decisions on their faster payments approach quickly, as several initiatives are taking shape in the region. Jacksonville Jumbo Shrimp Hit A Payments Home Run. Around The Faster Payments World.

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Verizon 5G Network Launch Foreshadows Mobile Commerce Changes

PYMNTS

The upcoming launches in the Midwest – in one city that is considered the capital of the region, and in another that is a growing destination for young, digitally-minded professionals, including those priced out of the Chicago housing market – represent more significant progress for the new mobile network technology. 5G Potential.

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Memorial Day: Remember Maurice "Maury" Hukill

Jeff For Banks

He was a 2nd lieutenant in the 24th Marine Amphibious Unit from Camp Lejeune, North Carolina, that was dispatched at the request of Lebanon to Beirut to keep the peace in the midst of factional fighting, religious zealotry, and regional strife. A Beirut Monument dedicated to the U.S. Our first duty is to remember."

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Amid Economic Vigor, Small Firms Struggle To Find Talent

PYMNTS

McMahon told the media outlet about one small business owner in Jacksonville, Florida who attributed rising investments and hiring to recent tax reform. Anecdotally, SMB hiring is strong, according to Small Business Administration (SBA) Administrator Linda McMahon, who spoke with CNBC this week. Annual wage growth declined, too, by $0.64

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4 ways to get more out of your core

Independent Banker

Not keeping up with a core vendor’s releases can also be costly to a community bank if it doesn’t leverage them, as releases often provide critical and important regulatory, compliance and feature function updates, says Maria Schuld, division executive, Americas Banking Solutions at FIS, which is headquartered in Jacksonville, Fla.

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EverBank's Largest Investor Cashes Out

American Banker

EverBank Financial's biggest investor is cashing out ahead of the Jacksonville, Fla., company's sale to TIAA.