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Paytronix Picks Payments Industry Veteran Porter For Board

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“I look forward to working with the Paytronix team to bring its industry-leading innovation, including contactless ordering for table service … to markets around the globe,” said Porter. Paytronix clearly delivers value to the market by enabling operators to drive incremental sales and deliver safer environments for staff and guests.”.

Industry 130
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How Spend Tools Feed Food Banks’ Need For Accountability

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Recent data indicated that 82 percent of SMBs shutter in their first year because of poor cash management operations. As SMBs seek opportunities to expand their operations, and reach new customers and markets, they will need the right spend and workforce tools to ensure funds are spent appropriately. billion in value by 2025.

Tools 141
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Digitization Could Halt Corporate Banks’ Shrinking Profits, Analysts Say

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The Boston Consulting Group (BCG) has released a new report that suggests corporate bankers may be able to halt shrinking profits through digital transformation. The trend is even worse among Western European FIs, with shrinking profits prevalent among 57 percent of institutions in this region, reports said.

Boston 109
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State Street Agrees To Pay $35M To Settle SEC Charges

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State Street used false trading statements, pre-trade estimates and post-trade reports to misrepresent its compensation on various transactions, especially purchases and sales of bonds and other securities that trade outside large transparent markets.

Boston 101
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Today In Payments: Facebook Closes $5.7B Deal For Stake In Reliance Jio; GM Shutters Its Car-Sharing Platform

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billion deal on Tuesday (April 21) for a minority stake in Indian telecom startup Reliance Jio, giving the social media giant a larger foothold in the region. Maven had already began winding down the number of cities in which it operated, shutting down in major markets like Boston, Chicago and New York City.

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Starbucks Hits 16.3M Mobile Users, Eyes Expanded Delivery

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There were areas of investor concern, though, particularly the slowing growth in the Chinese market. Overall, sales were up 3 percent, and transactions were up 1 percent in the Asia-Pacific region as a whole. Transactions were down 2 percent, though same-store sales did tick up 1 percent. As of Tuesday (Jan.

Mobile 162
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Facebook And Google Payments Efforts Top Week’s News

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Amazon To Build $40M Robotics Innovation Hub Near Boston. Behind Regions Bank’s AI-Powered Digital-First Push. But at this point, it seems unlikely that major changes are in store for the eCommerce operator. Deutsche Bank told U.K. These services are highly popular, with an estimated 41.2

Google 139