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November 6, 2017

PYMNTS Gig Economy Index™

NEW STUDY: Gig Economy 2.0: Faster Payments No Longer An Option
 

Post-recession, with gig workers now powering 33 percent of the U.S. workforce, the on-demand worker seems very mainstream. But paying these workers on demand is no long an option. In the latest PYMNTS Gig Economy Index™, a Hyperwallet collaboration, 84 percent of gig workers say being paid faster is now make or break for them. ManpowerGroup Solutions’ VP of solutions Jim McCoy weighs in, saying that job marketplaces are bound to play a larger role in matchmaking and providing those benefits. That interview, plus 920 data points, awaits.

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Cyberfraud

Securing Consumer Data Beyond The SSN
 

How to build a real, resilient and robust standard of best practices in consumer data security? How to do it when just about every piece of traditional identification has been compromised? In a wide-ranging interview with Karen Webster, Socure CEO Sunil Madhu offers an answer that, in part, might surprise you. (The answer begins with an “R”.)
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PYMNTS Topic TBD

Banking On Social Banking
 

Ah, those millennials. How can banks lure them to put thumbs to device and send money — the P2P way? Start with the obvious interface, which would be the keyboard, says PayKey CEO Daniel Peled. Here’s what he had to say in our latest Topic TBD.

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Subscription Commerce

What The Book Of The Month Club Can Teach Retailers About Taking On Amazon
 

As retailers look to compete every which way they can with Amazon, Karen Webster says they might want to look at a 92-year-old business model that transformed how consumers bought products using a new sales channel. Launched in 1926, the Book of The Month Club made consumers members and gave them great deals on buying a curated selection of books. That business and its membership model went south as Amazon’s sales went north, but its making a comeback. New platforms using membership models are finding riches in curated retail niches that Amazon, with its scale, isn’t serving. It’s an irony that, Webster says, shouldn’t go unnoticed.

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