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Getting real about real-time payments in the United States

Accenture

The global real-time payments market is projected to reach about $26 billion by 2023. ². The United States is an instant payments laggard compared to the rest of the world. Getting there is complicated by a number of factors that are unique to this market. 4 And the US market is far from monolithic. It is a hydra.

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Mastercard Protests Payments ‘Nationalism’ In India

PYMNTS

government over the use of nationalism by the government in India to promote a domestic payments network there. ” Modi has said that using RuPay is akin to offering a service to the nation, given the fees associated with the use stay in India. Mastercard reportedly has lodged a protest with the U.S.

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Western Union CFO On Q2 And The New-To-WU Consumers’ Big Digital Shift

PYMNTS

“This is not a shift because this digital growth isn’t coming at the expense of our retail business so much as it is about getting new customers to the category and other customers from other parts of the remittance market, like banks and other digital financial services providers.”. New needs have arisen in various markets around the world.

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How Clandestina (Literally) Snuck Into The US Market

PYMNTS

And while those numbers aren’t likely to keep Amazon or H&M up at night, for a small Cuban eCommerce startup operating out of nation where internet access is patchy and from which the company can’t ship goods directly to U.S. as relations between the two nations began to improve in 2014. We’re super-happy.

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US New Home Sales Plummet As COVID-19 Hits Housing Market

PYMNTS

As COVID-19 started to impact the housing markets during a wind-down in mid-March, new home sales in the United States plummeted 15.4 Both areas of the country had states that put stay-at-home orders into place before other parts of the nation. Sales dropped a steep 41.5 percent in the Northeast and were down 38.5

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National Small Business Week Celebrates the American Entrepreneurial Spirit

Abrigo

Small Business Administration What creates two out of three net new American jobs; produces close to half of our nation’s goods and services (nonfarm private GDP); and can be found, coast to coast, in every small town, big city and rural enclave? Tune in all week for live-streaming , beginning at 7:30 p.m. Every business starts small.

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Big Tech Compliance Tracker: Europe Plans To Release Drafts Of Digital Regulation Legislation; UN Initiative To Tax Big Tech In Developing Nations Gains Momentum

PYMNTS

Europe Plans To Publish Digital Services Act, Digital Markets Act Drafts. The Digital Markets Act is a second set of regulations. They will have two pillars, which Vestager described as a do’s and don’ts for large digital gatekeepers and a “harmonised” market probe blueprint “across the single market.”. Regulation.

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