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Atlanta Fed: GDP Could Tumble By 43 Pct In Q2

PYMNTS

Just when the economy can’t take any more bad news, the Federal Reserve Bank of Atlanta is predicting the national gross domestic product (GDP) is expected to drop by nearly 43 percent in the second quarter, CNBC reported. GDPNow is not an official forecast of the Atlanta Fed. percent in Q2, down from the May 8 estimate of 33.9

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KFC Brings Beyond Meat Chicken To Atlanta Location

PYMNTS

The QSR chain also said it will consider feedback from Atlanta customers as it looks to a broader pilot or potential national rollout. According to the announcement, KFC turned to Beyond Meat “to create a finger-lickin’ good, plant-based fried chicken that will appeal to lovers of both Beyond Meat and KFC.”

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3 Reasons Why Fintech is Thriving in Atlanta

William Mills

Metro Atlanta has established itself as a major hub for the fintech (financial technology) industry. According to the American Transaction Processors Coalition, more than 70 percent of all payments on a global scale currently pass through companies headquartered in metro Atlanta, earning the city the moniker “Transaction Alley.”

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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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National Commerce to Buy Private Bancshares in Atlanta

American Banker

National Commerce in Birmingham, Ala., has agreed to buy Private Bancshares in Atlanta.

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Accelerating Atlanta: How the South's Fintech Hub Attracts New Talent

Payments Source

Atlanta is flush with payment processors that handle more than 70% of the nation's transactions. These players now plan to expand their reach even further, hoping to make the southern city a fintech hub to rival Silicon Valley and New York.

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CarMax Shifts Into eCommerce

PYMNTS

National used car retailer CarMax has announced the launch of a new omnichannel buying experience that will be made available first in Atlanta, Georgia. The Atlanta launch is only the beginning. We plan to continuously improve the new omnichannel offering and scale nationwide.

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