Shop Pay expands to Facebook, Credit card surcharge momentum moves to healthcare, GameStop run highlights financial literacy need

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February 10, 2021

Breaking News

Short-Term Lending Shows Promise As Lifeline For Paycheck-to-Paycheck Consumer

About 60 percent of all Americans live paycheck-to-paycheck and for them, the pandemic has been fraught with uncertainty. As Travis Holoway, co-founder & CEO of SoLo Funds, told PYMNTS, a peer-to-peer lending marketplace creates options to build credit and resolve short-term financial binds.

 

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PYMNTSTV

Payroc: Credit Card Surcharge Momentum Spreads To Healthcare

The surcharging “movement” is on. As Payroc Vice President of Operations Evan O’Brien told PYMNTS in this Masterclass, now that 45 states are allowing merchants to add up to 4 percent for processing overhead costs, communicating those charges to consumers takes on increased importance, particularly when it comes to healthcare.

 

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Financial Literacy

GameStop Run Opens New Conversation About Financial Literacy

The GameStop stock run has created a generational opportunity for the investment advisory industry to connect with an audience that’s finally interested in listening and has something to talk about. As Yinon Ravid, CEO of the app-based financial advisory firm Albert, told Karen Webster, democratizing access to financial advice can help the new breed of investors.

 

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Content Subscriptions

Vindicia: Digital Streaming Choices Drive Content Subscriptions

Is there such a thing as too many shows to watch? Never. As Vindicia CEO Sharath Dorbala told PYMNTS, content choices create content subscriptions. He expects the slew of new digital streaming services will continue to find willing audiences.

 

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Digital-First Economy

Digital Issuance Becomes Competitive Factor In Digital-First Economy

FinTechs and big techs have made onboarding one of their calling cards. Ondot Systems Director of Product Solutions Rachel Scheuerman told PYMNTS that the competition for the digital-first consumer is now the defining factor of the financial services business and that meeting the consumer starts with digital issuance.

 

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Digitizing B2B Payments Tracker

SMB Insurance Claims Problems Have A Digital Fix

The insurance claims check doesn’t have to be in the mail anymore – and it can’t be for SMBs waiting for funds after a disaster, says Azuraye Wycoff, executive manager of small-scale moving company Small Haul. In the Digitizing B2B Payments Tracker, Wycoff discusses why access to digital payouts is key to getting businesses back on their feet after a crisis.

 

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