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The key challenges facing the US mobile payments market this year

NCR

Some of the challenges for the region were recently highlighted by the Federal Reserve Bank of Atlanta, in a feature outlining the organization’s predictions for the payments industry in 2016. While mobile is a wide-ranging area, it highlighted a few key sub-sectors that are set to be particularly prominent in the US this year.

Mobile 61
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Fiserv Adds clearXchange P2P Payments to its Offerings

Fintech Labs Insights

clearXchange was created in 2011 by Bank of America, Capital One, JP Morgan Chase, U.S. For now, the Atlanta-based company made it clear it will offer both services. Fiserv last presented at FinovateSpring 2016 where it debuted its mobile account opening solution targeted toward millennials. financial institutions.

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The Wellness Economy: The Buzzy Trend Reshaping Everything From Personal Care To Real Estate

CB Insights

Notably, millennials are more lifestyle-focused, placing a greater value on health and wellness over material goods than ever before. According to Eventbrite data, 78% of millennials would choose to spend money on a desirable experience over buying physical goods. Meet Maya, our hypothetical wellness-focused millennial consumer.

Trends 76
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Fintech Fundings: 28 Companies Raise $330 Million Week Ending Jan 15

Fintech Labs Insights

Blockchain technology for securities. Millennial saving & investing app. HQ: Atlanta, Georgia. Startup capital raising platform. Tags: SMB, capital, crowdfunding, equity, investing. Latest round: $7 million Debt. Total raised: Unknown. HQ: Surrey, British Columbia, Canada. Source: Crunchbase. HQ: New York City.

Company 12