November, 2019

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The Not-So-Beaten Path To B2B Payments Real-Time Ubiquity

PYMNTS

The global payments ecosystem’s path to faster and real-time payments ubiquity is an evolution, not a revolution. That is to say, mass adoption will take time, and the factors driving that adoption will almost certainly continue to change and shift as end users’ needs do the same. Among corporates, there is an increasing demand that their global payment activity is able to keep up with the pace of doing business.

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How to Calculate Your Renewal and Upsell Rate

The SaaS CFO

In the SaaS space, we talk a lot about the health of our recurring revenue. This comes in the form of churn and retention. And it makes sense, right? Macro level valuations of your SaaS business are based on a multiple of recurring revenue. But as an operator of your business or an investor in […]. The post How to Calculate Your Renewal and Upsell Rate appeared first on The SaaS CFO.

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Top-down and Bottom-up planning

Jedox Finance

Planning is one of the most important aspects of a successful, enterprise-wide performance management process. Two of the most common planning approaches are top-down planning and bottom-up planning methods. Although these two models represent two opposing strategies, they share similarities in the way a company identifies its key objectives. At a very basic level, the [.

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CFO opportunities: Take a look at these six disruptive trends

Future CFO

While disruptive changes take place at an unprecedented rate, disruptive trends, when viewed positively, can bring about CFO opportunities. These disruptive trends, according to Gartner, include business transformation, market competition, economic uncertainty, employee power in labor market, capital inefficiency, and executive confidence, according to the research firm.

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Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

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.

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For Finance, Just How Powerful is Excel?

FPA Insider

Excel is practically synonymous with business processes worldwide. In an article published in the Enterprise Times, it was reported that about 60 percent of businesses in the U.S. are still relying on spreadsheets. Among those that continue to rely heavily on Excel are FP&A professionals, for whom the tool is indispensable for their processes. Despite the existence of spreadsheet alternatives, FP&A professionals continue to stay in and depend on Excel, and it remains the most popular spr

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Unencrypted Vistaprint Database Exposed Personal Customer Data

PYMNTS

Printing company Vistaprint left an online database containing customer interactions unencrypted, according to a report. A security researcher named Oliver Hough discovered the unprotected database on Nov. 5. He reached out to the company but didn’t hear back. After the report was published, the company quietly took down the database. Vistaprint is owned by Cimpress, a company based in the Netherlands.

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Preparing for an Economic Slowdown… Are You Ready?

Michigan CFO

People in the business community are beginning to hear rumblings, grumblings and have seen recent media attention given to the ?impending doom of an economic slowdown. Following the end of the Great Recession in mid-2009, the U.S. economy has enjoyed growth over the past decade making it the second-longest economic expansion in our nation’s history.

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Enterprise Performance Management Software: Five Independent Market Studies with Real-world Customer Feedback

Jedox Finance

In this blog, we sort through five independent studies and sources that collect detailed feedback from a large number of actual Enterprise Performance Management software users. These surveys show customer satisfaction with vendors and their products.

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Uncertainty reigns across international tax landscape

Future CFO

Accelerated upheaval across the international tax landscape spurred by tax reforms across the world as well as initiatives such as the OECD’s digitalisation effort have led to unprecedented uncertainty felt by global tax executives, said EY which recently released results of EY Transfer Pricing and International Tax Survey 2019. The survey—covering transfer pricing, controversy, and global tax reform—collected responses from more than 700 senior tax and transfer pricing executives representing t

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How to Build the Ideal HR Team

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.

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Swedish Cybersecurity Firm Raises $23M To Enhance ‘Ethical Hacker’ Network

PYMNTS

Sweden-based Detectify, a crowd-based online security company that incentivizes “elite hackers” to help developers stay abreast of security issues, has raised €21 million in a funding round, according to a report. The funding round was led by London-based VC firm Balderton Capital, with participation by Paua Ventures, Insight Partners and Inventure.

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US Faster Payments Council Expands With ACI Worldwide

PYMNTS

Membership in the U.S. Faster Payments Council (FPC) is growing with the addition of ACI Worldwide, as the electronic payments and banking solution provider announced this week. The company is joining the FPC to support U.S. initiatives of innovating in faster payments capabilities and promoting adoption of real-time payments. ACI Worldwide noted it already has a strong foothold in the real-time payments space, with integrations with 18 real-time domestic payment networks around the globe.

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People’s Bank Of China: Hundreds Of Country’s Banks At Risk

PYMNTS

This past year has been difficult for Chinese banks, and the country’s central bank, People’s Bank Of China, said that about 13 percent of the country’s financial institutions were considered “high risk,” according to Bloomberg. . People’s Bank Of China ran a report — its 2019 China Financial Stability Report, published on Monday (Nov. 25) — and found that about 586 banks and financial institutions were highly risky, and in need of some sort of change.

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MoneyGram, Wing Team Up On Cambodian Digital Wallet 

PYMNTS

MoneyGram has announced a partnership with Cambodian bank Wing on a digital wallet venture that will allow funds to be deposited directly into customers’ accounts. “With 80 percent of our online transactions being made on a mobile device, we are looking to provide even more options for our customers using our digital platforms,” said MoneyGram President and CEO Alex Holmes.

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Planning Your Restaurant's Path to Profitability

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.

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France’s Central Bank Latest To Ponder A Digital Currency

PYMNTS

The First Deputy Governor of the central bank of France, Denis Beau, spoke in support of a blockchain-based settlement system that would allow for faster transfers of euros, as well as be more cost-efficient, according to a report by Yahoo! Finance. Beau wants to use distributed ledger technology (DLT), and France is considering a central bank digital currency (CBDC).

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MoneyGram Expands Digital Services To Hong Kong, New Zealand

PYMNTS

MoneyGram has announced that it’s continuing its worldwide digital expansion with greater options for its overseas customers, especially in the Asia Pacific area and New Zealand. The MoneyGram website and MoneyGram Plus Rewards program is now available to the company’s Hong Kong customers, and users in New Zealand are now able to use the MoneyGram app to send money to friends and family. .

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GoExpedi Closes $25M Funding Round Led By Top Tier

PYMNTS

GoExpedi , an eCommerce, supply chain and analytics startup, has raised $25 million in Series B funding led by Top Tier Capital Partners. CSL Ventures, Crosslink Capital, Bowery Capital, Blue Bear Capital and other current investors also participated in the round. GoExpedi provides more than 200,000 critical parts and supplies, offering complete transparency on price, supplier choice and availability.

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Apple Pay Partners With Nike For 3 Pct. Cash Back

PYMNTS

Nike is offering 3 percent cash back to Apple Card users when a Nike product is purchased using Apple Pay , TechCrunch reported Monday (Nov. 25). The deal applies to all Nike products when purchases are made using the Apple Card through the Nike website, retail stores, Nike Training Club and more. Nike joins Uber/Uber Eats, Walgreens/Duane Reade, and T-Mobile stores in offering the top-tier cash back of 3 percent.

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How Automation is Driving Efficiency Through the Last Mile of Reporting

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

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Large Corporates Find Value In Bank-FinTech Connectivity Too

PYMNTS

Small businesses are a growing target for bank-FinTech collaborations and data integration initiatives as financial service providers explore new use cases for open banking. For small- to medium-sized businesses (SMBs) in particular, the growing population of back-office enterprise apps, forcing users to toggle between platforms and manually move data from one portal to another, is among the most popular scenarios in which data integrations can support more efficient operations.

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Malicious Apps Gained Access To Some Facebook, Twitter Users’ Personal Info

PYMNTS

After using their accounts to log into specific Android apps downloaded from the Google Play store, Twitter and Facebook noted that the personal information of hundreds of users might have been accessed improperly. The tech firms received a report from researchers who came across the oneAudience software development kit (SDK) that provided third-party developers with access to personal information, CNBC reported.

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Facing The Fast Future Of QSR Payments Experiences

PYMNTS

Make sure to bring more than your appetite when you dine out in the 2020s, especially at a quick-service restaurant (QSR). You might end up ordering or paying with your face via facial recognition technology. Payments are changing so rapidly that they can sometimes be hard to keep up, and that certainly holds true for QSRs. In a new PYMNTS interview, Andrew Robbins, co-founder and president at Paytronix Systems Inc., discussed the emerging payments coming to the QSR world, and what’s on tap for

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PayPal’s Xoom Rolls Out Bill Pay For Users In Jamaica

PYMNTS

Xoom , PayPal ’s international money transfer service, announced the launch of its bill pay service in Jamaica. Through a partnership with bill platform provider Paykii , customers in the U.S., U.K., Canada and 37 markets across Europe can now use Xoom’s money transfer service to pay electricity, telephone, internet, cable, mobile network, water, loan and insurance bills in Jamaica.

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Accounting Software and ERP Readiness Guide

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.

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Even Steel Bars Can’t Keep Internet Scams In Check

PYMNTS

Internet scammers, by nature, are a resourceful lot. They poke and prod, looking for various weaknesses to be exploited on online platforms, in company emails (as in Business Email Compromise, or BEC), through text messages and even the old-fashioned phone call that induces a victim to hurry online and send some money. The scams? Well, they can be done from anywhere, affording the fraudster the luxury of plying his or her trade on the go, at all hours — and even, it seems, from prison.

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How Credit Unions Can Win The FinServ Innovation Game

PYMNTS

In addressing the innovation gap that exists between credit unions and their larger financial institution (FI) brethren, credit unions (CUs) may be perceived to be at a disadvantage, at least when it comes to dollars. At first glance, that gap may seem insurmountable in the age of mobile banking , where technology is a vital component of financial services.

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Can Digital Upgrades Save Monopoly (And Other Board Game Classics)?

PYMNTS

The holiday season isn’t only about retail and payments. It’s about family and friends – and killing time with those relatives and pals. And that means this is the time of year for board games to shine. Yes, board games. On the cusp of 2020, board games remain relevant, and may even be enjoying a renaissance. As one recent report stated , board game sales in the U.S. grew by 28 percent in 2017, per the NPD Group, a market research company – and global sales increased to $9.6 billion in 2016 fro

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Bank Branch Closings Take Toll On Rural Communities 

PYMNTS

More than half of the 3,114 counties in the U.S. lost bank branches between 2012 and 2017, with rural areas feeling the brunt of the closures, according to research from the Federal Reserve released on Monday (Nov. 25). . Rural communities with lower incomes or a higher percentage of minorities saw the most closures, losing 1,553 bank branches in 794 counties, a decline of 14 percent.

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PowerPoint Best Practices for Creating Stellar Presentations

Mastering data visualization in PowerPoint will help accelerate your career because it positions you as someone who can present data that drives business decisions forward. think-cell's PowerPoint Best Practices eBook was created specifically for professionals aiming to master the art and science of data-driven storytelling. What’s inside: Practical Insights: Uncover valuable tips for crafting engaging and persuasive presentations.