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Data Shows 42 Pct Of Small Cap US Businesses Failing To Turn Profit

PYMNTS

The Russell 2000 index shows 42 percent of small-caps are either just breaking even or operating a loss. Bigger companies have been faring better by comparison, with investors taking solace in large caps and the Russell 1000 index down only 3.3 The number of small U.S. Nicholas Bohnsack , president of U.S. percent from normal.

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Apple Restarts Race To $1 Trillion Market Cap

PYMNTS

During inter-day trading, Apple’s market cap was about $970 billion. Apple’s iPhone business continued to suffer in the second quarter, with revenue down 17 percent year over year but in line with Wall Street’s expectations.

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MoneyGram Appoints Josh Gordon-Blake as Chief Digital Officer

Fintech Finance

” The MoneyGram digital business continues to thrive, largely driven by MoneyGram Online, which serves millions of consumers worldwide. Under his leadership, Pangea achieved significant growth, culminating in its successful acquisition by Enova International in 2021.

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What is a Surcharge Fee? How it Helps Consumers and Businesses

Stax

However, as the popularity of credit cards and digital wallet payments continues to surge, the costs associated with accepting them also do. Businesses—especially small and medium businessescontinually seek ways to offset these expenses and improve profit margins, leading to the rise of credit card surcharging.

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Fights Over Loan Terms Delayed Main Street Lending Program

PYMNTS

While the Fed favored easy terms that would increase the risk of the government losing money, the Treasury preferred a more conservative approach and capped the losses at $75 billion, sources told WSJ. Would the program be exactly the way I would have designed it, or exactly the way someone else would have designed it?

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What Is Biller Genie? A Guide to Compliant Surcharging by Evolve Payment

Evolve Payment

Table of Contents In today’s digital era, businesses continually seek efficient ways to manage their finances, especially when it comes to credit card acceptance fees. Compliant Surcharging is unavailable in CT, MA, ME, and OK, with a fee cap set at 3%. Enter the innovative solution by Biller Genie: Compliant Surcharging.

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Understanding Risk Management Strategies as a PayFac

Stax

Implementing an effective risk management framework can help you minimize the impact of potential threats, ensure business continuity, and recover quickly in the face of adversity. After onboarding, you should continuously monitor the financial activity of your merchants.