PYMNTS

MAY 23, 2017

Innovation is happening at the speed of payments — which, as it turns out, can be pretty fast these days. In this edition of the PYMNTS’ Commander in Chief Series , Western Union President Odilon Almeida shares a day in the life as leader of one of the largest global person-to-person money transfer networks, what smartphones have done for the payments space and why security and compliance are always key in a game where the rules are changing every day.

Compliance 76

Compliance Risk Management Prioritization Retail 76

Planful

MAY 25, 2017

For example: A Recent Dun & Bradstreet research report shows that CFOs are shifting from being “financial stewards to growth accelerators”, capitalizing on their command of data, insight, and analytics. Another study by Grant Thornton confirms that CFOs now spend more than a third of their time as strategic advisors, as they move beyond their traditional role.

Finance 40

Finance Budgeting CFO Invoicing 40

PYMNTS

MAY 22, 2017

Menlo Ventures , the Silicon Valley venture capital firm, closed a new $450 million venture capital fund aimed at investing in early stage companies focused in the consumer, enterprise and so-called frontier technologies markets. According to a report in TechCrunch , with the new fund, the VC has a total capital of greater than $5 billion under management.

Investments 65

Investments Technology Marketing Startups 65

PYMNTS

MAY 26, 2017

Going forward, BoA has announced it will be working with financial data aggregators to give their customers a greater ability to connect their banking information with third-party financial management applications. According to spokesperson Michelle Moore, the move comes as part of the bank’s API strategy that will see banking data utilizing a unique token that takes things like usernames out of circulation.

Banking 63

Banking Financial Data Securities 63

Advertisement

Navigating travel expenses can be challenging, but our workbook offers a clear path forward. Learn to craft a travel policy that fits your budget and makes travel management simple. This self-guided workbook offers: Practical advice on choosing airlines, setting booking time frames, and managing travel costs effectively. Insights into selecting the right class of service for each employee, ensuring everyone travels comfortably and within policy.

Budgeting

PYMNTS

MAY 23, 2017

Phillips Edison & Company , a fully integrated real estate firm with a national platform of grocery-anchored shopping centers, released its industry insights on trending themes for retail shopping centers this week at ICSC’s RECon event in Las Vegas. According to a press release , shopping centers are becoming a social arena where shoppers can eat, drink, socialize and shop.

Retail 53

Retail eCommerce Numbers Accounting 53

PYMNTS

MAY 26, 2017

In the face of Brexit, the Second Payment Services Directive (PSD2) and a number of major elections that could spell significant changes across the continent (with ramifications well beyond FinTech and the banking sector), many of us are left to wonder: what lies in store for the burgeoning gig economy in Europe? Though details of the United Kingdom’s withdrawal from the European Union have yet to be sussed out (passporting, worker relocation, among countless other details), one fact remains dis

Currencies 52

Currencies Accounting Banking Numbers 52

PYMNTS

MAY 22, 2017

The summer is here! Okay, the summer is almost here. Just one week more and Memorial Day is upon us, and with it summer’s unofficial beginning. Given the bang — or, more accurately, series of bangs — 2017 has gotten off to in its first half, it is easy to imagine some — if not all — of us are ready to settle into a beach chair, seaside, with only the sound of the surf and a good book to while the time away.

Accounting 51

Accounting Compliance Technology Securities 51

PYMNTS

MAY 26, 2017

Yet again, the B2B FinTech industry proves it’s quality over quantity when it comes to venture capital. This week saw just three funding rounds, but two of which were some of the largest the industry has seen in weeks. Accounts receivable company Billtrust landed major bucks, while a cross-border payments startup stayed mum about its own investment.

B2B 49

B2B B2C Investments Healthcare 49

PYMNTS

MAY 25, 2017

Sunscreen? Check. Bug spray? Check. Updated online systems to reduce paperwork? Check. In recent weeks, companies have rolled out several different types of Payments-as-a-Service (PaaS) solutions that are designed to help both online and brick-and-mortar merchants. These solutions include POS and cloud-based solutions that are geared toward helping businesses in a variety of different sectors, including restaurants and recreation.

Securities 49

Securities Marketing Retail Banking 49

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

Accounting

PYMNTS

MAY 26, 2017

Boston-based eCommerce alcohol delivery startup Drizly has announced its next location in Phoenix, Arizona. Partnering to deliver alcohol from local liquor stores that include Lucky’s Liquor, Gary’s Liquor and Chandler Liquors, Phoenix residents will now be able to order and receive alcohol delivery from these retailers. Neighborhoods in the Phoenix area that will have access to this service include Glendale, Peoria, Scottsdale, Tempe, Mesa, Gilbert, and Chandler.

Startups 49

Startups eCommerce Retail Marketing 49

PYMNTS

MAY 24, 2017

Online gift card marketplace Raise is announcing the launch of their new mobile app for iOS and Android. Raise’s marketplace is home to 300 retail partners and 3,000 brands and serves approximately 2 million customers looking for discounted digital gift cards. The new app is designed to make is using digital gift cards in store and online frictionless for everyday purchases.

Retail 47

Retail Technology 47

PYMNTS

MAY 20, 2017

It was a week of controversy for the ages – battle lines were drawn, allegiances were declared and ad hominem attacks were spewed on Twitter. No, we’re not talking about the appointment of the Special Prosecutor to investigate the firing of James Comey. No, we’re talking about the real debate in America and the answer to the most important questions facing our nation today.

Economics 47

Economics Sales Education Budgeting 47

PYMNTS

MAY 22, 2017

While the world is busy helping retailers stop cybercrooks from stealing them blind online, every year 75,000 small retailers are being robbed at their physical locations. Curtailing or even stopping it, Sean Huver, CEO and founder of Deep Science AI , told Karen Webster in the latest Topic TBD, is a matter of using the same visual search techniques that Google is using to enable a person snapping a picture of a cool blue bike to find out where to buy it.

Retail 47

Retail Securities Startups Technology 47

Advertiser: Paycor

HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.

PYMNTS

MAY 26, 2017

In an ongoing digital fraud scheme, Chinese scammers have racked up over 950 million yuan ($138 million USD) from more than 93,000 victims by preying on victims’ sense of national pride and desire for easy returns. Police in Tianjin, Beijing and Guangxi arrested 44 more suspects on Thursday (May 25). Scammers promised victims a large payout for their small deposit, which was touted to help “unfreeze” assets belonging to former dynastic rulers and the Kuomintang government that had been smuggled

Securities 47

Securities Accounting Banking 47

PYMNTS

MAY 26, 2017

You’ve probably read a lot about bitcoin lately, as its value has been running a seemingly infinite victory lap this week and throughout 2017. But there’s more to bitcoin than stocks and price per coin. Here are some of the numbers behind the cryptocurrency. 182% | Increase in bitcoin value in 2017. 32| Countries where Coinbase, the world’s largest bitcoin company, has operations.

Numbers 47

Numbers Technology 47

PYMNTS

MAY 26, 2017

Some could argue that over the past few decades, financial services has completely transformed itself. From relying on physically walking into a bank to withdraw cash to snapping a photo of a check for deposits, technology has played a great part in the way financial transactions have evolved within the last thirty years. The latest technological finance breakthrough, blockchain technology, has been a slow burn over the past eight years, since 2009 when it popped up as the power behind bitcoins.

Financial Systems 46

Financial Systems Benchmarking Finance Technology 46

PYMNTS

MAY 25, 2017

While Barnes & Noble reported an 8.3 percent decline in sales this past holiday season, it’s not down for the count (at least, not without a fight). Although we’ve seen the retailer close its college bookstore chain and reduce its Nook business, Barnes & Noble’s newly appointed CEO, Demos Parneros, is confident that physical bookstores still have a place in today’s e-commerce driven sales arena.

Sales 46

Sales Retail Marketing 46

Speaker: James Kahler, COO of Full Course

Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.

Planning

PYMNTS

MAY 22, 2017

After the latest worldwide cyberattack, the question remains: What’s going to change? That depends, says counterterrorism and cybersecurity expert Richard Clarke, on what companies, banks and regulators are willing to learn from the incident. In early May, approximately 300,000 computer systems in more than 150 countries were compromised by the WannaCry cyberattack.

Compliance 46

Compliance Banking Transportation Communication 46

PYMNTS

MAY 26, 2017

Ecommerce giant Amazon is increasingly dipping its virtual toes into the physical world, this time with the launch of the AmazonFresh Pickup service in Seattle’s Ballard and SoDo neighborhoods. Amazon Prime members can now order groceries online and pick them up at one of two designated windows in the city where the company keeps it headquarters. For users willing to pay an extra $15 per month to get the Fresh add-on, pickup can be scheduled for as soon as 15 minutes after the order is placed.

eCommerce 46

eCommerce Technology 46

PYMNTS

MAY 25, 2017

The exodus fomented by Brexit may be quickening. As noted by sources including CNN Money , data shows that 117,000 individuals, who have citizenship in European countries but who were residing in the U.K, left Britain last year. That’s a whopping 36 percent boost over 2015’s figures. The migration, of course, comes in the wake of Brexit and a wave of questions over who lives where, where they can work, and even how they’d get paid.

Economics 46

Economics Numbers 46

PYMNTS

MAY 25, 2017

Blockchain FinTech Wyre is the latest firm to deploy chatbot technology to facilitate B2B transactions. The U.S.-based company said Wednesday (May 24) that it is launching a chatbot that links to Facebook in the U.S. and WeChat in China to facilitate B2B payments. “WeChat is everything in China. Email is somewhat outdated,” Wyre CEO Michael Dunworth said.

B2B 46

B2B Invoicing Currencies Technology 46

Speaker: Jamie Eagan

As organizations strive for agility and efficiency, it's imperative for finance leaders to embrace innovative technologies and redefine traditional processes. Join us as we explore the pivotal role of digitalization and automation in reshaping what is commonly referred to as the “last mile of reporting”. We’ll deep-dive into why digitalization is no longer a choice, but a necessity for finance departments to stay competitive in a fast-paced environment touching on: 2024 trends for the Office of

Finance

PYMNTS

MAY 26, 2017

B2B is dead. Or at least, it’s changed irrevocably since evolving markets have brought businesses and end consumers into closer orbit. “B2B will never be the same because of the ‘C’ component,” said David Houser, senior vice president for international sales at the global supply chain management company HighJump. Luckily for HighJump, as businesses seek ways to serve an ever-growing and ever more fickle customer base, “We’re the best-looking and smartest student in the class,” Houser said.

Retail 46

Retail Transportation B2B eCommerce 46

PYMNTS

MAY 26, 2017

For millions of families, the arrival of warm weather means it’s time to start thinking about summertime activities for the kids. But for recreational activity organizers — including sleepaway camps and athletic programs — the arrival of these customers can also mean unwanted headaches in the form of paperwork. Because many summer camps and recreational programs don’t offer their customers the ability to register or make payments using modern payment processing solutions, program organizers can

Marketing 46

Marketing Communication Leadership Education 46

PYMNTS

MAY 25, 2017

Necessity is the mother of invention, goes the saying, but in payments, sometimes invention evolves into necessity. Or, put another away: Why didn’t we think of that? Transaction pain points are often so deeply ingrained in process that they become endured with a shrug. Until someone, or some firm, comes along with a better way of doing things that is so simple and convenient upon unveiling that it offers a new level of standardization that proves a boon for all parties involved.

Construction 46

Construction Treasury B2B Currencies 46

PYMNTS

MAY 23, 2017

Ford Motor has appointed a new Chief Executive for the automaker who has little experience in the auto industry or the technology market , both of which are putting pressure on the company. According to a report , Ford’s new CEO Jim Hackett has been on the board at the car company since 2013 and has run the Smart Mobility Group for the last year, but most of his career was in the furniture market when he was in charge of office furniture company Steelcase for twenty years.

Communication 46

Communication Startups Marketing Technology 46

Advertisement

In this white paper, we explore the factors to consider in deciding whether the time is right for your Company to consider a new ERP or accounting software, the total cost of ownership and plans necessary to make the potential leap to these systems.

Accounting