Sat.Aug 26, 2017 - Fri.Sep 01, 2017

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EY To Use Blockchain For Auto Industry, Ride-Hailing Services

PYMNTS

Blockchain, the technology that makes cryptocurrency like bitcoin possible, is moving into the auto and ridesharing markets. According to a news report in Reuters , EY, the consulting unit of Ernst & Young Global, announced Wednesday (Aug. 30) it is launching a blockchain system that will let companies and/or individuals share vehicle ownership more easily.

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Chatbots An Unexpected Interest For Supply Chain Professionals

PYMNTS

In supply chain management, globalization, geopolitical forces and increased demand for greater transparency have organizations looking at cutting-edge technology to boost performance and cut risk. Analysts have been discussing some of these technologies for some time. Blockchain, for example, is now a common topic in conversations surrounding supply chain innovation.

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Fed’s Sapenaro On How To Forge Ahead With Payments Innovation

PYMNTS

With the financial services space shifting from a competitive nature to a collaborative spirit between traditional banks and emerging FinTechs, one major stakeholder in the payments industry has quietly been an integral part of this co-op: the Federal Reserve. With initiatives like the Faster Payments Task Force and the Secure Payments Task Force, the Fed is pushing for innovation and progress in the nation’s payments infrastructure and market.

B2B 64
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China Regulators Eyeing Rules Concerning ICOs

PYMNTS

Regulators in China are gearing up to issue new rules on digital coin offerings and could move to ban them until the new rules are put in place. According to a news report in Business Insider , citing the Beijing-based financial magazine Caixin , Chinese regulators including the People’s Bank of China and the China Securities Regulatory Commission are currently looking at how best to approach initial coin offerings (ICOs).

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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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Report: Instagram A Strong Driver Of Fashion Purchases

PYMNTS

Although it’s no secret that social media platforms such as Snapchat , Facebook and Instagram have a strong affect on fashion trends, it may be surprising to see just how robust that impact actually is. With more 400 million daily users across the globe, Instagram is becoming a strong driver of fashion purchases, according to a new report from Dana Rebecca Designs.

Retail 62

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Apple To Let Chinese Consumers Pay For App Purchases Via WeChat Pay

PYMNTS

Tech giant Apple is embracing WeChat Pay, giving consumers in China more ways to pay for purchases. The WeChat Pay digital payment service is offered by China-based investment holding company Tencent. According to a report in The Wall Street Journal , Apple said in a statement it is “committed to offering customers across our ecosystem a variety of payment options that are simple and convenient.” .

Sales 56
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The Amazon Whole Foods Deal Is Done — Now What?

PYMNTS

Just a few short months from the merger announcement , and as of this week, the deal is done : Amazon officially owns Whole Foods. To celebrate the news, grocery prices at Whole Foods are going down — quite an out of the gate change of direction for a brand that has become as synonymous with its moniker “Whole Paycheck” as it has with the organic and locally grown foods in which it specializes.

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From AI To T&E, B2B FinTechs Rake $141 Million

PYMNTS

Don’t let the lack of news about mega-grossing venture capital (VC) rounds fool you. This week’s B2B venture capital activity led to an impressive $141.2 million in total funding across nine rounds, with startups ranging from corporate travel and expense (T&E) management and small- and mid-sized business (SMB) accounting to artificial intelligence and beyond.

B2B 54
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Could Amazon’s Bots Be The Next Hot Fashion Designers?

PYMNTS

Michael Kors, Calvin Klein, Vera Wang and … Amazon ? That could be the list of hot designers creating the latest fashions someday — if Amazon is able to perfect the artificial intelligence (AI) technology on which it’s currently working, that is. Most people are aware Amazon has already launched its own fashion line , but the retailer is working to take the retail category a step further thanks to AI, Mashable reports.

Retail 54
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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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Retail Works To Aid Harvey Victims

PYMNTS

When the going gets tough, America’s retailers and restaurants get going. Food companies nationwide have poured out assistance to those affected by Hurricane and Tropical Storm Harvey, feeding emergency workers, donating meals and working overtime to get grocery stores and restaurants open again in the greater Houston area and Southeast Texas.

Retail 53
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Visa Powering Payments on New Garmin Wearable Aims to Stop ‘Sweaty Money’

PYMNTS

Keeping up with the wearables/payments/fitness players is a workout in and of itself. Add Garmin to the mix with a new device, the vivoactive3. Visa said that it is enabling payments on the smartwatch, thus allowing tap and pay functionality, similar to other devices out in the market from the likes of Samsung and Fitbit. In a release Thursday, the company said the device is the first wearable from Garmin that features Garmin Pay.

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SMBs Gear Up For Phase Two Of Same-Day ACH Rollout

PYMNTS

September will be a big month for NACHA’s Same-Day ACH initiative. On Sept. 15, NACHA will roll out phase two of its Same-Day ACH Rule, and small businesses stand to gain significantly from the effort, according to reports at Nav.com. The publication highlighted the upcoming rollout in an article Wednesday (Aug. 30), noting that phase two offers businesses the ability to receive faster ACH debit and credit payments.

Banking 53
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Mastercard Brings Payments To Garmin Wearables

PYMNTS

Consumers who track their physical activity with Garmin’s Vívoactive 3 wearable device will be able to pay for items digitally, as a result of a new partnership between the brand and Mastercard. Fitness fans who use the smartwatch can tap the device at almost 6.6 million contactless terminals worldwide, according to a press release issues this morning from Mastercard.

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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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Making Voice Assistants Allies In Health

PYMNTS

Orbita CEO Bill Rogers has a relative with dementia. As dementia patients often do, she repeats a lot of the same questions, and it drives her aging husband crazy. But there’s someone who’s happy to answer those questions as many times as she asks, and she never gets impatient. That person’s name? Alexa. Voice-activated technology has a lot of potential in healthcare.

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Antivirus Software Isn’t Enough To Protect The Enterprise Anymore

PYMNTS

The cybersecurity industry has some of the brightest minds in technological innovation focused on safeguarding the enterprise. The problem? Some of the brightest minds are also using their talent to create ever-more sophisticated cyberattacks. “Cybersecurity is a constant cat-and-mouse situation,” explained Dominic Chorafakis, principal consultant at cybersecurity firm Akouto Consulting , in a recent interview with PYMNTS.

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PayPal Report Emphasizes Asia’s Commitment To Cash

PYMNTS

Consumers in the Asia-Pacific market are quite aware of the range of digital payment options available to them, but they prefer to pay with cash, according to a new study from PayPal reported by CNBC. PayPal’s study, which polled some 4,000 consumers across India, China, Hong Kong, Singapore, Thailand, the Philippines and Indonesia, found approximately 57 percent of respondents cited cash as their preferred payment method for daily purchases.

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Amazon Tracker: Where The Customers Are

PYMNTS

Amazon is meeting its customers where they are. In the U.K., the eCommerce giant is letting shoppers load up their accounts using cash, and in the U.S., it’s leveraging that new partnership with Whole Foods to make picking up or returning Amazon goods even easier than ever. It’s also poised to deal another blow to the retail market with a new fashion algorithm that caters to consumers’ love for cheap, trendy clothing.

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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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Bezos Vs. Ma: Who’s Ahead In Grocery?

PYMNTS

Those who prophesied the death of brick-and-mortar retail in favor of online alternatives may have been premature. Sure, merchants without an online presence are largely sinking or already sunk. But those who practice a pure eCommerce model may be in just as much trouble. Amazon has seen it. That’s likely why, after putting brick-and-mortar bookstores like Borders out of business, it’s now building its own version of the exact same thing, and why it’s running so many pilots and experiments in th

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OfferUp And Building A Better Goods Swap

PYMNTS

Everyone has problems, and an awful lot of people are good at solving them. What separates entrepreneurs from the rest, though, is often their desire to solve a problem not just for themselves, but for everyone else who comes up against the same issue. Nick Huzar, CEO and founder of OfferUp , is a clear case-in-point. A little more than six years ago, Huzar was trying to come up with ways to get rid of some basically serviceable, but also unwanted, stuff.

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Mutant Malware Able To Slip Past Antivirus Tools, Experts Warn

PYMNTS

Cybersecurity consulting firm Akouto Consulting has a warning for businesses: There has been an increase in instances of malware able to bypass traditional antivirus measures, threatening business bank accounts. An announcement Tuesday (Aug. 29) from Akouto warned of a “sharp” increase in the use of these new strains of malware, with small businesses some of the victims of an attack that can remain undetected despite virus scans.

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These Payment Methods Can Help Provide Hurricane-Related Aid

PYMNTS

As the U.S. continues to suffer from the effects of Hurricane Harvey’s path of destruction , many people are wondering how they can help by providing aid to those affected by the storm. The following quick roundup of ways to provide humanitarian assistance can help bridge the gap and assist those in need. 1. Payments Via Text. Several organizations, including the American Red Cross and United Way , are accepting donations via text, which makes donating quick and easy.

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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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eCommerce Firm Ocado Launches Skill For Amazon Alexa

PYMNTS

As consumers get busier and more digitally savvy, their need for new tools to help them manage the simpler aspects of life grows as well. Many companies have responded by adding skills to Amazon’s personal assistant device, Alexa , and now eCommerce firm Ocado Technology has joined the fray with its own skill that aims to make grocery shopping simpler.

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Belle Cares’ Unusual Approach To Beauty On Demand

PYMNTS

When most people think of beauty there is an almost instant association with the young and the glamorous. Sure there is such a thing as beauty at any age, but our society tends to associate beauty and interest in beauty with the young. Similarly, though for very different reasons, we also tend to associate service on demand with the young, or at least the youngish.

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Walmart Investing $316 Million In Brazilian Store Remodels

PYMNTS

As Walmart faces a growing number of retail rivals in the Brazilian market, the retailer appears to be playing defense, investing about $316 million in its Brazilian Walmart locations over the next two years to remodel 120 of its stores in the country. Walmart, which is the third-biggest diversified retailer in Brazil, has already launched its remodel program and expects to continue the upgrades in Brazil through 2019, according to news from Reuters.

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Best Buy Executives Cautiously Optimistic As Sales Rise

PYMNTS

Executives at Best Buy are projecting full-year revenue growth to land at 4 percent in 2017, beating a previous estimate, which suggested that growth would only rise by 2.5 percent. However, CEO Hubert Joly warned analysts not to be overly optimistic about the company’s upcoming performance, and the firm advised investors that its recent strong stock performance should not be viewed as a “new normal,” Reuters reports.

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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.