Nerd's Eye View

APRIL 19, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that CFP Board announced that it has crossed the milestone of 100,000 CFP professionals in the United States, and despite having just celebrated its 50th anniversary last year, just set a record high in the number of advisors sitting (..)

Budgeting 96

Budgeting Leverage Securities Numbers 96

PYMNTS

MAY 8, 2020

And that actually creates a massive opportunity for retailers of all kinds to jump into the digital market, he said, and grab some market share away from giants like Amazon that have been hit by an onslaught of orders. Retailers, merchants are realizing they can actively utilize those channels because for a lot of them it’s survival.

Securities 97

Securities Forecasting eCommerce Retail 97

PYMNTS

NOVEMBER 26, 2020

Social Security Administration, for example, requires recipients using its website to provide unique eight-digit codes sent via text to their smartphones in addition to their usernames and passwords when they sign up or log in. . That number appears to be rising, too, as just 37 percent of consumers said the same last year.

Securities 69

Securities Leverage Retail Numbers 69

PYMNTS

OCTOBER 14, 2020

Retailers therefore have to determine the number of speed bumps their customers are willing to put up with as well as the special features they can offer to encourage shoppers to overlook these minor inconveniences. . That is something that can be used [in security efforts], depending on the specific issue or the resolution.” .

eCommerce 60

eCommerce Securities Accounting Retail 60

PYMNTS

JUNE 5, 2020

Open banking provides opportunities such as upgraded customer convenience and customized financial solutions that can help consumers access bank account details, send payments, manage their budgets and more. The benefits are compelling but banks need to understand which entities are using the APIs they provide. Why AML Checks Are Never Over.

Securities 69

Securities Banking Leverage Accounting 69

PYMNTS

JANUARY 29, 2020

Having an accounting background is no longer a must for a company’s chief financial officer (CFO), according to a report by The Wall Street Journal. But that freed us up to get a capital-markets-focused CFO.”. That number is down from 46 percent in 2014, according to figures by organizational consulting firm Korn Ferry.

CFO 57

CFO Accounting Cost Management Finance 57

Nerd's Eye View

APRIL 26, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that the Department of Labor released the final version of its Retirement Security Rule (a.k.a.

Communication 85

Communication Budgeting Securities Investments 85

PYMNTS

MARCH 29, 2019

Close to 1 billion email accounts were leaked by a marketing company in what some researchers are calling the “biggest and most comprehensive email database” breach ever. The online database was created by a company called Verifications.io, which reportedly had no security measures in place. support team. Verifications.io

Accounting 74

Accounting Securities Numbers Marketing 74

PYMNTS

JANUARY 21, 2020

The average security deposit in the U.S. The average security deposit in the U.S. And of course averages can be misleading — in Manhattan that rent average is over $4,000 a month, while in Wichita, Kansas (the least expensive market in the survey) rents are still well below $1,000 at $639 a month. But in the U.S.,

Securities 52

Securities Startups Numbers Accounting 52

PYMNTS

OCTOBER 29, 2018

This is particularly true for legacy FIs, as they must now allow third parties — once considered competitors — access to customer transaction histories and other information, and give FinTech firms the ability to initiate payments from customer accounts to pay for goods and services. Adapting To Open Banking .

Securities 76

Securities Banking Compliance Accounting 76

PYMNTS

FEBRUARY 17, 2020

Fraud could cost the market more than $25 billion this year, and approximately 20 percent of attempted travel-related transactions are confirmed to be fraudulent. Dallas-based busing line Greyhound is all too familiar with such problems, prompting it to implement advanced learning technologies to secure ticketing.

Securities 56

Securities Education Currencies Technology 56

PYMNTS

JANUARY 22, 2020

In the simplest terms, the data laws place parameters around the collection and use of data that springs from a staggeringly large market – as many as 560 million individuals, if we count the number of people who have internet access in India. The aggregators have duties as fiduciaries to manage consent. The Roadmap.

Accounting 52

Accounting Banking Education Leverage 52

PYMNTS

FEBRUARY 26, 2020

One of the more recent incidents took place at the Desjardins Ontario Credit Union, revealing the names, social insurance numbers and transaction information of all 4.2 The new platform provides dynamic marketing campaigns based on members’ transactional, lifestyle and behavioral data. million CU members.

Securities 77

Securities Education Leadership CFO 77

PYMNTS

OCTOBER 8, 2018

So, when it comes to accessing their accounts to shop online, the way they are authenticating needs to be a footnote at best. That’s not to say consumers don’t want top-notch security, according to the PYMNTS Digital Identity Lifestyle Capsule , a Socure collaboration.

Securities 73

Securities eCommerce Accounting Numbers 73

PYMNTS

MAY 27, 2020

The CEO of SoFi, the digital personal finance company based in San Francisco, said its investor accounts have doubled this year, mostly due to fractional shares. CEO Anthony Noto told CNBC’s “Squawk on the Street” that the FinTech company’s investing platform has seen a significant uptick in user numbers since January.

Accounting 52

Accounting Investments Cash Management Economics 52

Nerd's Eye View

JANUARY 31, 2024

In late 2019, Congress passed the Setting Every Community Up for Retirement Enhancement (SECURE) Act, introducing several significant changes to retirement planning. This allows the account to grow on a tax-deferred basis, with income to beneficiaries being taxed when distributions are made.

Nonprofit 85

Nonprofit Tax Planning Planning Accounting 85

Nerd's Eye View

NOVEMBER 3, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that the Department of Labor this week released its long-awaited "retirement security rule", its latest effort to curb conflicts of interest around retirement savings recommendations.

Manufacturing 85

Manufacturing Investments Planning Securities 85

PYMNTS

MARCH 1, 2019

Cybersecurity returned to the top of the B2B startup investment list as three companies in the enterprise security realm landed nearly half of the $246 million in B2B venture capital this week. Cequence Security. Also operating in the enterprise security space is Cequence Security, based in California. Contrast Security.

B2B 75

B2B Securities Investments Startups 75

PYMNTS

NOVEMBER 28, 2018

At the same time, consumers also want a guarantee of security and a belief that their entire digital identity isn’t going to end up for sale on the dark web. 400 million: The number of accounts Fiserv manages annually. $60 1,067: The approximate cost of a consumer’s entire digital identity on the black market.

Securities 71

Securities Sales Numbers Accounting 71

PYMNTS

APRIL 22, 2020

Banks are jostling for space in the market because an expanding number of FinTechs and large-scale technology companies are competing for the same set of consumers. Banks must enable fast and seamless onboarding experiences, but these processes should also be secure.

Securities 53

Securities Accounting Banking Numbers 53

PYMNTS

MAY 1, 2020

“They accept cryptocurrency, facilitate the exchange, charge a professing fee then transfer funds into a bank account in one or two days. Accounts receivable (AR) departments are gradually opening up to digital currency acceptance, but as Roche emphasized, it’s not a transition that will happen all at once.

Currencies 68

Currencies Accounting B2B Reconciliations 68

CFO News Room

JANUARY 19, 2023

But questions remain about how secure and reliable it is when compared to traditional brokerages. Robinhood has become popular among young investors looking to get into the stock market without spending a lot of money on fees. SIPC stands for the Securities Investor Protection Corporation. Is Robinhood regulated?

Profit and Loss 130

Profit and Loss Securities Nonprofit Investments 130

PYMNTS

FEBRUARY 6, 2019

This shift has been so acute that small business cloud accounting firm Xero is even petitioning the Oxford English Dictionary to change the definition of “accountant” to one that includes the word “advise.” Changing Demand. That demand for human talent, by the way, hasn’t decreased.

Corporate Finance 74

Corporate Finance Accounting Finance Accounts Payable 74

PYMNTS

MAY 13, 2019

Small and micro merchants that would otherwise have been priced out of the market by traditional, fixed POS systems have seen success with mPOS solutions. Trust issues have only become more pressing as the global mPOS market grows, reaching a value of $170 million, according to a Global Mobile POS Market 2019 report.

Securities 49

Securities Nonprofit Communication Accounting 49

PYMNTS

JUNE 13, 2019

billion digital records in the United States were compromised during the first half of 2018 – 291 records every second – with only six social media breaches accounting for more than half of all at-risk data. The Drawbacks of Complex Security. AI Solutions for Balancing Security and Convenience. More than 4.5 billion by 2022.

Securities 51

Securities Accounting Technology Investments 51

PYMNTS

MAY 31, 2017

Visa announced Tuesday (May 30) that it is rolling out enhancements to its Verified by Visa service, a global solution designed to make online purchases more secure by helping ensure payments are made by the rightful owner of the Visa account. As part of the upgrade, Visa said it was enhancing its systems to support 3-D Secure 2.0,

Securities 77

Securities Compliance Technology Retail 77

PYMNTS

NOVEMBER 6, 2017

The Social Security number (SSN) was never meant to get this much attention. It was never meant to be shorthand for, well, you – proving that you are who you say you are, serving as a gateway to all manner of sensitive data and, of course, financial accounts. Let’s not pick solely on the SSN.

Securities 43

Securities Numbers Accounting Banking 43

CFO Thought Leader

MAY 8, 2024

Here, in the crucible of intense market dynamics, Herman cut his teeth on complex financial models, where the rigor of long hours refined his capacity to handle pressure and complexity—a foundational skill for any leader. CFOTL: Tell us about Dwolla … what does this company do, and what are its offerings today?

CFO 52

CFO Financial Modeling Forecasting Finance 52

PYMNTS

OCTOBER 12, 2018

Now, security providers and financial institutions (FIs) are working to stop them from impacting banks’ assets and customers by turning to new, emerging technologies like artificial intelligence (AI) and machine learning (ML). The cybercrime market is growing more sophisticated, and producing more than $1.5 trillion a year.

Securities 76

Securities Banking Technology Communication 76

CFO News Room

DECEMBER 28, 2022

A Roth IRA is a type of individual retirement account (IRA) that allows you to contribute after-tax money and withdraw it tax-free in retirement. It is named after Senator William Roth, who sponsored the legislation that created the account. Market Fluctuations. What is a Roth IRA? What are The Benefits of a Roth IRA?

Investments 130

Investments Accounting Education Marketing 130

PYMNTS

JULY 1, 2019

The financial services landscape is moving to upgrade existing payment infrastructures or create new systems to deliver faster and more secure payments. Data: $79 billion: Estimated value of India’s remittances market in 2018. 20: Minimum number of years for which Jony Ive worked at Apple.

Securities 46

Securities B2B Retail Numbers 46

PYMNTS

NOVEMBER 8, 2016

A large number and not the number of tweets sent out reminding you to vote today. That’s the number of bank accounts opened in the world each year — for which digital identity is important and for which mobile identity can help facilitate that formerly paper-laden process. 442 million. billion global banking users.

Securities 74

Securities Accounting Numbers Banking 74

PYMNTS

AUGUST 12, 2019

In a press release last week, Compeat said Compeat Pay automates vendor payments by using virtual cards, ACH and check payments to enhance the security of accounts payable. The tool generates a one-time virtual card number to promote security, while working with suppliers to accept that card. “It’s

Accounts Payable 43

Accounts Payable Accounting Securities Banking 43

CFO News Room

JANUARY 13, 2023

Also in industry news this week: A study suggests that simplification is the top reason consumers combine their investment accounts, signaling that the onboarding process for new advisory client assets is a value-add in itself.

Treasury 130

Treasury Compliance Investments Accounting 130

PYMNTS

JANUARY 9, 2019

In a 2017 report from job hunting site Indeed , researchers found that “small business accountant” was nowhere to be found in the top-10 job positions sought after by most small business employers. “Bookkeeping is the low-value work performed by accounting firms,” he said.

Accounting 71

Accounting Corporate Finance Accounting Firms Auditing 71

PYMNTS

APRIL 23, 2019

Businesses are facing greater pressure to provide robust, digital know your customer (KYC) checks and other security measures amid increased interest in mobile onboarding. In addition, the partnership between Kohl’s and ALDI might make sense by the numbers. And in retail, Dunkin’ and Starbucks are revamping their reward programs.

Securities 40

Securities Numbers Banking Retail 40

PYMNTS

MARCH 1, 2017

There’s a war going on in the digital world, one that most consumers are unaware of, despite the impact it could have on their money and their privacy — a battle between fraudsters and security providers over account takeovers. Account takeovers accounted for more than $2.3 billion in losses last year.

Accounting 56

Accounting Profit and Loss Securities Investments 56