Sat.Oct 24, 2020 - Fri.Oct 30, 2020

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Hands Off: Touchless, Contactless Payments Drive Consumer Safety Preferences

PYMNTS

That consumers are a bit gun shy when it comes to shopping in physical stores — particularly when it comes to checking out at the point of sale and having to share a touchpad with every other shopper that’s been in all day — is well known a little over a half-year into the pandemic. But as PYMNTS’ recent data on the subject found, there’s more than one way to avoid physical contact with the POS inside a store — and consumer preferences are trending toward one over the other.

Numbers 115
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Negotiation for Physicians

Adam Kae

We get it, you're a doctor, not a lawyer! So we understand if you dread the idea of negotiating with your insurance company. Negotiation may not be your cup of tea, but it can impact you AND your clients. Think: more money in your pocket, saving your patients money, and getting paid in record time. It's more than a big smile and a "salesman" technique or two.

Math 52
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China and Vietnam: the most complex countries in Asia-Pacific for accounting and tax

Future CFO

TMF Group is a global provider of critical compliance and administrative services, with some 7,800 in-house experts across 80-plus jurisdictions. New report Accounting & tax: the global and local complexities holding multinationals to account analyses and ranks 77 jurisdictions based on the complexity of their accounting and tax laws and practices.

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How to Grow Your SaaS Business with Debt Financing

The SaaS CFO

You’ve bootstrapped your SaaS business to thousands or millions of dollars in revenue. You feel like you have more potential to grow, but you are limited by the cash in your bank account. You need capital, but where do you start? We are all familiar with the traditional path of equity financing, exchanging ownership in […]. The post How to Grow Your SaaS Business with Debt Financing appeared first on The SaaS CFO.

Finance 52
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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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Personal Loan Apps Show Resilience In Latest Provider Ranking

PYMNTS

Maybe it’s a byproduct of that which shall not be named — by which we mean the pandemic — but PYMNTS’ Provider Rankings have been remarkably calm and unwavering throughout 2020, including our latest Provider Ranking of Personal Loan Apps , a category of intense interest. We’re not saying there are absolutely no changes, but few enough that we should be able to make short work of summing up the hottest personal loan apps out there.

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CIMA launches new online ethics tool

Future CFO

The Chartered Institute of Management Accountants (CIMA) has launched a new online ethics decision-making tool designed to help accounting and finance professionals make ethically sound decisions in tough situations. . The tool’s launch is part of the Institute’s month-long campaign celebrating the UN Sustainable Development Goals, culminating today on Global Ethics Day, CIMA noted.

Finance 52
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HR Transformation: Better HR, better people, better business

Planful

At Planful, when we talk with our customers about finance transformation we hear clear goals and talk of compressing cycle times and raising the financial IQ in every corner of the business. But when we listen to Human Resources leaders talk about transformation of their domain, the outcomes usually aren’t as defined. . Why is that? Let’s dig into HR transformation and uncover why it matters and how to take your team from being seen as a service desk (Payroll questions?

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Kount Says Fraudsters Will Follow Shoppers This Holiday Season

PYMNTS

When asked why he robbed banks, Willie Sutton — the famous criminal with four decades of bank robbery experience — is said to have offered what was likely history’s clearest answer: “Because that’s where the money is.”. Whether Sutton ever actually uttered that line is a matter of historical debate. But what isn’t debatable is the essential truth of his purported statement — and how relevant it is to the 2020 holiday shopping season, as Kount Chief Customer Experience Officer Rich Stuppy recent

Retail 112
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Special Distributions from Long-Term Asset Pools: Counting the Costs

CFA Institute

What should investors consider before taking special distributions from long-term asset pools?

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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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World Economic Outlook

Future CFO

Global growth is projected at ?4.4% in 2020, a less severe contraction than forecast in the June 2020 World Economic Outlook Update. The revision reflects better-than anticipated second quarter GDP outturns, mostly in advanced economies, where activity began to improve sooner than expected after lockdowns were scaled back in May and June, as well as indicators of a stronger recovery in the third quarter.

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Why PDFs Aren't Enough To Digitize The Procure-To-Pay Workflow

PYMNTS

Digitizing documents is key to optimizing workflows, but when it comes to the procure-to-pay space, not all digital invoices and purchase orders are created equal. XML invoices, which digitize the data on the invoice, are only a fraction of total invoice volume. The rest come in a variety of formats, including PDF and, of course, paper. And just because a PDF may be technically an "electronic" format, it presents many of the same challenges as paper — i.e., the need for manual extraction and ent

Invoicing 110
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Bitcoin Daily: Crypto Industry Stocks Jump With Bitcoin’s Rise; Cashaa Teams To Build Crypto-Friendly FI

PYMNTS

Blockchain industry stocks are on the rise as bitcoin reaches new heights, Seeking Alpha reported. HIVE Blockchain Technologies, Riot Blockchain and Marathon Patent Group are on the uptick, according to the report, which was published early Tuesday (Oct. 27) afternoon Eastern Time. Bitcoin reached higher than the $13,600 level intraday. The price of bitcoin was $13,750.90 as of 7:19 p.m.

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Foreign Investors Stand To Gain $8B With Ant Group’s IPO

PYMNTS

Ant Group’s pending IPO could spell a multibillion-dollar payday for a small and elite group of foreign investors, who bought a stake in the giant Chinese FinTech two years ago, The Wall Street Journal reports. Some of the top investors pumped $500 million each into Ant Group , including the “sovereign-wealth funds of Singapore and Malaysia, the Canada Pension Plan Investment Board and private-equity firms Silver Lake, Warburg Pincus, Carlyle Group and General Atlantic,” the Journal reports, cit

Valuation 106
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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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REPORT: Payments Orchestration Optimizes Digital Payments Efficiencies, Boosts ROI

PYMNTS

Businesses across the United States likely knew they would be in for a long, uphill battle to stay afloat when they first began closing their doors in mid-March, but did not know just how long they would be dealing with the fallout from the COVID-19 crisis. Roughly eight months since the pandemic was first declared, businesses are now open, but consumers have yet to return to the store in previous numbers.

Retail 103
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Verizon, Microsoft Partner To Accelerate 5G Technology

PYMNTS

Verizon and Microsoft have teamed up to accelerate the delivery of private 5G networks for businesses, announcing a collaboration they said will transform the retail, transportation, logistics, manufacturing and healthcare industries. Touting 5G data speeds that are already 25 times faster than current 4G technology (and will eventually be 100 times faster), the two companies said the security, reliability and ultra-low lag times will bring increased efficiency and reduced costs.

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ISPs Reinstate Data Caps For US Employees Working From Home

PYMNTS

The mass increases of people working and learning from home during the pandemic have resulted in changes in habit for internet use, but also new strategies to keep bills down as internet service providers (ISPs) start putting data caps back into play, The Wall Street Journal (WSJ) reported. Even users who never had to think about their internet usage have received notices from companies like Comcast saying they are using too much data, WSJ reported.

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Pandemic’s Pressure Points Highlight B2B Payments Vertical Needs

PYMNTS

B2B ’s pain points when it comes to payments are well known — where paper checks dominate, where even the fax machine makes an appearance. But in a panel discussion with Mike Massaro , CEO of Flywire , four executives from various verticals — from freight management to banking — discussed how pressure points are spurring a shift to digital processes.

B2B 97
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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

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OpenPayd Launches Access To Quick Foreign Exchange Payments

PYMNTS

OpenPayd , an application programming interface (API)-led Banking-as-a-Service (BaaS) provider, launched InstantFX on Tuesday (Oct. 27), which will help clients access easy foreign exchange payments, according to a press release. This will do away with the need for batch processing. The program is delivered through OpenPayd's BaaS platform, installable through existing technology with an API, according to the release.

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Home Is Where The Package Is: Merchants Bring Last-Mile Delivery In House—And To The House

PYMNTS

The great digital shift hits us where we live, literally. In an interview with Karen Webster, Khaled Naim , co-founder and CEO of Onfleet , which provides last-mile delivery management software to merchants, said year-over-year delivery volume has been surging amid the pandemic, with triple-digit increases in some segments, double-digit increases in others — and no signs of stopping.

B2B 94
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Upgrade Rewards Cardholders For Paying Down Debt

PYMNTS

The pandemic has changed all kinds of things about consumers. They’re more concerned for protecting their health, they're working remotely, they’ve relocated most of their commerce lives online and on mobile — the list goes on and on. But perhaps the most interesting shift, Upgrade CEO and Co-founder Renaud Laplanche told Karen Webster, is how much more focused they’ve become about being financially responsible in these uncertain times.

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World Bank Sees Remittance Flows Shrink Amid Pandemic

PYMNTS

The pandemic is affecting the amount of money migrant workers can send home, with remittances projected to drop 7 percent this year to $508 billion and forecasted to drop a further 7.5 percent by 2021, according to a statement from the World Bank Thursday (Oct. 29). Last year, migrants sent $548 billion in remittances, a record high, the statement noted.

Banking 91
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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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Deep Dive: How Automation And The Cloud Can Improve Operational Efficiency In Payments Processing

PYMNTS

It cannot be overstated how integral non-cash payments are to the global economy, with the United States processing more than 174.2 billion of these payments in 2018 alone for a total of $97.04 trillion. Cash payments are quickly falling to the wayside, with only 26 percent of all U.S. consumer purchases made with cash. Digital payments are fraught with obstacles, however.

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COVID Case Spike Adds Fuel To Digital-First Economy

PYMNTS

COVID-19 is unfortunately seeing a new wave of infections. Outside of the health concerns and personal toll the disease is taking, the new developments are adding rocket fuel to the digital-first economy. This new acceleration of cases comes at a time when consumers are becoming more deeply ensconced in their new digital shopping and eating habits. This time, however, retailers and restaurants have upped their digital game instead of being caught flat-footed as they were at the beginning of the

Retail 90
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Microsoft's Cloud Revenue Up 31 Pct YOY

PYMNTS

Microsoft came off the quarter ending Sept. 30 with $37.2 billion in revenue, a 12 percent increase over last year at the same time, with a major reason for its success this year being cloud services, according to a press release. “Demand for our cloud offerings drove a strong start to the fiscal year with our commercial cloud revenue generating $15.2 billion, up 31 percent year over year,” said Amy Hood, executive vice president and chief financial officer of Microsoft, in the release.

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Visa: Minimizing Fraud Risk And Protecting Merchants Amid The Digital Shift

PYMNTS

"New government policies ultimately changed the way the majority of businesses interacted with customers, with new phrases like 'buy online, pick up in-store' becoming part of the nomenclature," says Andre Machicao, senior vice president of CyberSource, Visa. Here, Machicao explains how his firm helped clients protect themselves from escalating fraud risks with the COVID-triggered wave of CNP payments.

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Recruit and Retain New Blue-Collar Talent

Blue-collar jobs have a branding problem. One company, GEON, partnered with Paycor to find the solution. Learn how to attract, engage, and retain blue-collar employees, helping them build meaningful careers – and support your company’s goals.