Uber to buy Postmates, Amazon to expand grocery stores, Why it takes a village to build an instant payments ecosystem

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

July 6, 2020

Live Roundtable

It Takes A Village To Build An Instant-Payments Ecosystem

The COVID-19 pandemic and the move to digital commerce that it has spawned is giving fresh impetus to the idea that payments must move from payer to payee in real time. But experts tell Karen Webster in our latest On the Agenda roundtable that making that happen is bigger than any one player. Here’s how Ingo Money CEO Drew Edwards; Visa Senior Vice President, Cecilia Frew; Manish Kohli, Citi’s global head of payments and receivables; PayPal Senior Vice President Jim Magats; and TCH Executive Vice President Russ Waterhouse see it all coming together.

 

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Monday Conversation

Cedar CEO: Solving For Healthcare’s ‘Black Box’ Of Patient Billing

Healthcare may be hopping on board the digital bandwagon, but the consumer facing billing process is anything but. That makes it harder for patients to understand what they owe and then for providers to collect what’s due, CEO and Co-founder Florian Otto of Cedar tells Karen Webster. Otto says that self-service digital payments and customized payment plans can turn healthcare billing’s current ‘black box’ into a more efficient consumer payments process. Here’s how.

 

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ResTech

Let’s Go Out To The Drive-In Movie Restaurant: How One Restaurant Is Reinventing The Dining Experience

Greater Boston’s Kowloon Restaurant is not only one of the city’s most iconic eateries, it’s also now one of its most innovative. Bob Wong, third-generation owner of the 1,200-seat restaurant, joins Paytronix CEO Andrew Robbins to tell PYMNTS how outdoor space, and a unique dining experience inspired by its customers are key to recovery for Kowloon – and could be an inspiration for other eateries.

 

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Gig Economy

How One Gig Platform is Reinventing The Gig Worker Experience By Boosting Their Wages

The gig economy has been hard hit by the pandemic, as 40 percent of freelancers have lost thousands of dollars in potential top-line opportunities. But Steady CEO Adam Roseman tells PYMNTS how a ‘one-sided marketplace’ can help gig-workers select short- and long-term jobs to boost their top lines – and improve their money-management skills in the process.

 

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US Economy

What Q1 And Q2 Is Telling Us About The Rest Of 2020

We’re halfway through 2020, and what a long strange trip it’s been so far. Unfortunately, recent Business Roundtable figures point to more rough sledding ahead — particularly for retail, travel and dining. Uh oh. We break it all down.

 

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KLW Commentary

The Vicious Circle Of Physical Retail Meets The Virtuous Circle of Digital

What do Nike, Cornerstone Brands, PepsiCo and shopping malls have in common? Each holds clues into the future of physical retail, and Karen Webster says, whether it can make the quantum leap to digital that the pandemic has sparked. Webster says that the clash between the vicious circle of physical retail and the virtuous circle of digital has suddenly taken center stage with a future that seems more and more likely to accelerate the growth of digital and the decline of physical. Here’s why.

 

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What's Hot


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