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The biggest tech companies are about to undergo a major reshuffling on the stock market — here’s what’s coming, and why it matters

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MSCI and S&P are soon to make some changes to how tech companies are categorized on the S&P 500 for the first time since 1999.    On September 28, a new Communication Services sector will replace the current Telecoms sector, and will include some of the biggest stocks including Facebook and Netflix. It’s only the second...
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What issuers can do to win market share in a period of unprecedented regulation and competition

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This is a preview of a research report from Business Insider Intelligence, Business Insider’s premium research service. To learn more about Business Insider Intelligence, click here. The US prepaid card ecosystem is huge, with 10.7 billion prepaid card transactions made in 2016 reaching $290 billion. And it’s shifting focus from low-income, un- and underbanked consumers toward millennials...
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A 35-year-old recently quit Google to start a robotics company. Now he has raised $16 million. Here’s his best advice for building a hot company quickly.

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The security-robotics company Cobalt raised $13 million in a Series A round of financing this year, despite putting together a pitch deck the night before meeting with venture capitalists. Cobalt’s CEO, Travis Deyle, 35, said the company wowed investors because it was able to deliver on two goals. Deyle set out to have a product...
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Here are 3 things that make cardless ATMs secure

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Technology makes our lives easier every day. How we respond to texts and emails, pay for our lunches, even withdraw cash — it’s all been affected by advances in lifestyle technology. Cardless ATMs are one of the latest fintech developments to enter our lives, making it possible to take out cash without your physical debit card....
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The world’s biggest marijuana stock is surging after a $4 billion investment from the maker of Corona (CGC)

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Constellation Brands is upping its stake in Canopy Growth by $4 billion to 38%. The investment overshadowed a bigger-than-expected first-quarter loss by the Canadian cannabis company. Shares of CGC surged more than 22% in trading Wednesday following the announcement. Follow Canopy’s stock price in real-time here.  Canopy Growth, the largest publicly traded marijuana company, fell short...
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THE VOICE PAYMENTS REPORT: The next major interface for payments

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This is a preview of a research report from Business Insider Intelligence, Business Insider’s premium research service. Click here to learn more. A revolution in payments and banking is beginning as virtual assistants like Siri and Alexa gain the abilities of cashiers, personal shoppers, and bank tellers. Already, Siri can help users make peer-to-peer (P2P) transfers with...
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This is how banks can use digital tools to stay ahead of a trillion-dollar opportunity in the bill pay market

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This is a preview of a research report from Business Insider Intelligence, Business Insider’s premium research service. To learn more about Business Insider Intelligence, click here. Between housing costs, utilities, taxes, insurance, loans, and more, US adults paid an estimated $3.9 trillion in bills last year. That market is growing slowly, but it’s changing fast — more...
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