China’s digital yuan fast tracks CBDCs, 7-Eleven rolls out mobile wallet, Six trendlines that will define payments in 2021

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January 4, 2021

Healthcare Payments

Flywire Sees 2021 As The Year To Advance Healthcare Payment Plans

The pandemic has accelerated the affordability issue for healthcare. With a better digital entry point and new payment plans on offer, Flywire Executive Vice President and General Manager of Healthcare John Talaga tells Karen Webster that hospitals and consumers can benefit.

 

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Dollar Stablecoins

Circle CEO: For Banks, Digital Dollars Demand Stablecoin Strategy

According to Circle CEO Jeremy Allaire, too many traditional financial institutions (FIs) and banks don’t have a stablecoin strategy in place, at least not yet. He told PYMNTS Karen Webster that the stage is set for the age of digital dollars and banks need a plan to seize that opportunity.

 

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Investment Platforms

Fractional Investing Aims To Make The Stock Market Accessible

Investing in the stock market is not something the average consumer embraces as a financial strategy. Public.com CEO Leif Abraham told PYMNTS he aims to change that by opening the doors to people that might not have a financial background or an MBA.

 

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C-Stores

7-Eleven Uses Mobile Wallet To Redefine The Meaning Of Convenience

At the country’s largest convenience store chain, the digital-first economy has been in motion since well before the pandemic. 7-Eleven Senior Vice President and Head of Digital Raghu Mahadevan told PYMNTS Karen Webster that digital tools are helping the company redefine the meaning of convenience.

 

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Digital Fiat

China’s CBDC ‘Dress Rehearsal’ Sets Stage for Other Central Banks

China’s pilot programs bringing digital yuan to an increasing number of consumers may prove a dress rehearsal for other central banks, including in the U.S. Here’s what might lie ahead.

 

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KLW Commentary

Framing 2021: Six Trendlines That Will Define Payments And The Connected Economy

Let’s start 2021 being provocative instead of safe with wishy-washy predictions. Karen Webster says let’s drop the prefixes from commerce. Then get our heads wrapped around the fact that consumers and businesses have redefined what it means to be “convenient” and recognize that innovation in the connected economy is at a pivotal fork in the road, as players confront the changes that will add momentum to the digital-first economy and some of the issues that could hold it back.

 

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