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SMBs Account For One-Third Of Global Employment

PYMNTS

It’s a phrase said so often that it’s almost become a cliche for nations around the world: Small businesses are the backbone of their economies. The firm’s latest World Employment Social Outlook report, released this week, examined a steady increase in SMBs’ worldwide share of employment from 2003 through 2016.

Policies 101
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CardX CEO: Ban On Card Surcharge Ban May Lead to Lower Interchange Fees

PYMNTS

As noted in this space by Karen Webster, the ban on the ban – where, now, in New York, surcharges are allowed when merchants post total prices for transactions – shows the inefficiencies of regulation that supersede card networks’ own rules governing merchant activities. population.

Cards 125
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Walmart May Be Looking To Sell Off Its Japanese Business

PYMNTS

and around the world, it seems the Japanese market is dropping from a place of prominence. Walmart first purchase Seiyu in 2002, but has faced difficulties gaining traction in the extraordinarily challenging Japanese market. The Japanese market for mass merchandisers fell 6 percent in retail value to ¥6.7

eBook 100
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Addressing The Symptoms Of Pharmacies’ Cash Flow Ailments

PYMNTS

More so than the average SMB, independent pharmacies are particularly affected by the state of the healthcare market and its regulatory shifts. While all small businesses may struggle with cash flow, certain market forces in the pharmaceuticals and healthcare space make owning a small pharmacy a challenging endeavor.

Capital 130
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Springboard to Excellence

Independent Banker

imberly Anderson, senior vice president and chief administrative officer of Cañon National Bank in southern Colorado, became her community bank’s loan compliance officer in 2003. It teaches bankers how to develop a compliance program, meet lending compliance requirements, and comply with deposit and marketing regulations.

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Sizzle Or Fizzle: The Ant Financial IPO?

PYMNTS

The funding is a striking portrait of demand by investors with dry powder to gain entry into a nascent, technology driven market. and a year ago, Ant had raised $2 billion from China’s National Social Security Fund. But there are such things as natural market forces, and price discovery that comes in tandem. With roughly $6.5

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Executive order on digital assets includes roles for CFPB, FTC, federal banking agencies

CFPB Monitor

The Order sets out the following national objectives with respect to digital assets: consumer and investor protection; protection of financial stability and mitigation of systemic risk; mitigation of illicit finance and national security risks; reinforcement of U.S.

FDIC 148