Sat.Nov 07, 2020 - Fri.Nov 13, 2020

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Zest AI CEO: Artificial Intelligence Is Reshaping Lending and Credit

PYMNTS

The use of artificial intelligence (AI) and machine learning (ML) isn’t some futuristic idea. It’s here now and being used to make good banks better — whether to eliminate discrimination in lending decisions, add stability to existing screening systems or drive loan growth and profits. “It’s not an idea, it’s not a postulate. It is a fact — and we can prove it,” Zest AI CEO Mike de Vere told PYMNTS in a recent interview.

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Anaplan Awarded Top Prize by HRM Asia for its HR & Data Analytics Solution

Anaplan

The experts have spoken! The Anaplan team is thrilled to announce that we have been awarded the top (Gold!) prize in the “HR Tech—HR Data & Analytics Solution” by HRM Asia. View the HRM Asia Readers’ Choice Awards 2020 article and register for our webinar (December 2nd, 2020 @11am SGT) to see how our HR […].

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Medical Equipment: Rent or Buy?

Adam Kae

Exploring the Great Divide. There are many decisions you make when you launch your practice. You're making sure you spend and save where it matters. When it comes to buying or renting, there are a few special considerations you should make. You might change your mind depending on: Your Specialty. The Number of Patients You Traffic. Your Brand. Your Growth Plan.

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Jedox 2020.3: Workflow and Validations help streamline Financial Consolidation and Data Collection

Jedox Finance

New to the Jedox Financial Consolidation Model: Find out how you can find and rectify inaccurate data faster, further streamline the consolidation process with comprehensive workflows and how Jedox has simplified the Posting Journal user experience in Financial Consolidation V2.2.

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Planning Your Restaurants 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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Payments Canada Partners With Mastercard’s Vocalink To Advance Real-Time Rail

PYMNTS

Payments Canada is teaming up with Mastercard’s Vocalink for clearing and settlement for the country’s new real-time payments system, the Real-Time Rail (RTR). Delegated by the Canadian Government, Payments Canada is responsible for the clearing and settlement infrastructure, processes and rules. The RTR is the foundation of Payments Canada’s plans to modernize the payments infrastructure in the country. .

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Systemic Climate Risk and West Coast Wildfires

CFA Institute

Is 2020 the watershed year when the world begins to understand the concept of systemic risk in our interactions with the natural environment?

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i2c President Says Blockchain Will Unlock Cryptocurrency

PYMNTS

Cryptos are having a moment. Scan the headlines over the past few weeks and cryptos, well beyond the marquee bitcoin, are making inroads into mainstream consumer and business activities. PayPal is opening its network to allow consumers to shop using cryptocurrency. Square bought $50 million of bitcoin. J.P. Morgan said late in the month that it has gone live with JPM Coin.

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Bitcoin Daily: Bitcoin ATM Installations Jump By 85 Pct; Argentinian Lawmaker To Introduce Crypto Bill

PYMNTS

The count of bitcoin ATMs has jumped this year, rising by 85 percent to just under 11,800, CoinDesk reported. The border-free network of bitcoin allows for money to be easily moved in any amount internationally, according to the outlet, which noted that the rise in bitcoin ATMs shows that the digital currency is becoming more and more popular as a method of payment.

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Salesforce Rolls Out Revenue Cloud To Simplify B2B Functions

PYMNTS

Salesforce has rolled out its new Revenue Cloud product, which will work to simplify B2B purchasing for customers, according to a press release. Revenue Cloud, according to the release, will work to bring together configure, price, quote (CPQ) and billing, partner relationships and B2B commerce capabilities in order to consolidate services and streamline the process overall.

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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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PPP Fraud Reveals New Need For Banks To Use Geolocation Data

PYMNTS

Government-benefits fraud runs at about 10 percent even during normal times, but now that the pandemic has exponentially increased U.S. federal stimulus spending, the level of theft is on the rise, too. . “I think bad actors and fraudsters always follow the money,” Elizabeth Cronan , vice president of government relations at geolocation-based fraud prevention firm GeoGuard recently told PYMNTS. .

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COVID-19 Breathes New Life Into QR Codes

PYMNTS

Up until recently, QR might have been an acronym for: Quaint Relic. In the United States, anyway. The QR code is shorthand for the “quick response” barcode that was first designed in 1994, and which initially surfaced in Japan. QR codes had made some inroads here and there, and yet did not become the go-to repositories of data and information – scannable, naturally, across mobile devices – that some had predicted.

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ECB’s Lagarde Says Digital Euro Could Launch In 2 To 4 Years

PYMNTS

Christine Lagarde , European Central Bank (ECB) president, said the ECB could make its own digital currency within a few years, which could change up the eurozone financial sector drastically, Bloomberg reported. It could be "two to four years" before the launch of any such currency, Bloomberg reported, because such an undertaking concerns issues like money laundering, privacy and the technology involved.

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Report: Strategic Payment Investments Give FIs, FinTechs Innovative Payment Options

PYMNTS

There is no denying that the COVID-19 pandemic has rapidly accelerated the global shift toward digital commerce. Safety-minded consumers the world over can now be seen tapping contactless cards, scanning QR codes or utilizing voice ordering technologies to make purchases without potentially putting themselves or others at risk of contracting the virus.

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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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Amazon Rewards Program Offers Its Flex Drivers Perks, Discounts

PYMNTS

Amazon is taking steps to make life a little easier for the many drivers who comprise the Flex force that use their own vehicles to deliver packages. CNBC reported that Amazon quietly launched a program called Flex Rewards last week. "Delivering with Flex just got more rewarding," an Amazon website for drivers proclaimed. Amazon's Flex Rewards program lists incentives, including up to 6 percent cash back on fuel purchases; 2 percent cash back on Amazon.com and Whole Foods Market purchases; 1 per

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JP Morgan: Treasury Innovations Accelerate Digital Transformation

PYMNTS

The great digital shift has exposed some glaring inefficiencies in corporate back offices. Treasury departments need to modernize as they grapple with the pandemic — streamlining the way cash is handled, how strategic decisions about cash flow are crafted and how payments are made. The trend is away from paper, but true digitization does not stop there.

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Volante: Banks Must Look Beyond Speed With Real-Time B2B Payments

PYMNTS

Real-time payments aren’t just an opportunity for consumers to send and receive money more quickly. Interest in faster payments is also on the rise for corporates, though their adoption of real-time payments won’t look the same as it does in the B2C world. For financial service providers, instant payments offers a chance to open up new revenue streams and develop new services for corporate clients.

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Amazon Opens Three More Brazilian Logistics Hubs

PYMNTS

The eCommerce surge generated from the COVID-9 pandemic has prompted Amazon to open three additional logistics hubs in Brazil, according to a report in Reuters on Monday (Nov. 8). The new centers are operating in Minas Gerais, Rio Grande do Sul and Brasilia, the country’s capital, and increase the number of Amazon logistics hubs in Brazil to eight. .

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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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Wells Fargo Seeks Bidders For Private-Label Credit Card Unit

PYMNTS

Wells Fargo & Co is seeking to sell its private-label credit card and point-of-sale (POS) financing unit as part of an ongoing strategic review of its businesses. The banking group has started reaching out to possible bidders, but still hasn’t made a definitive decision as to whether it will actually sell the unit, which specializes in store-branded credit cards, according to a Bloomberg report.

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Bitcoin Daily: BitPay Unveils Crypto Mass Payout Service; BOE: Stablecoins Not Fit For Wide Use

PYMNTS

Crypto payment services provider BitPay has unveiled a new mass payout offering, BitPay Send, which lets entities of different sizes make payments to workers, clients, affiliates, suppliers, contractors and others with digital currency, according to a Thursday (Nov. 12) announcement. AdGate Media is among the first firms to harness BitPay Send, the announcement noted.

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Visa Unveils FinTech Partnership Program In Europe

PYMNTS

Visa is rolling out a new initiative aimed at connecting European financial institutions and merchants with cutting-edge digital payments services. Fintech Partner Connect will “support new ways for businesses and consumers to seamlessly and securely pay, get paid, send money and more,” a spokesperson for the credit card and financial services giant said in an email announcing the new program on Visa on Wednesday (Nov. 11).

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Cooler Screens Brings New Look To Retail Innovation

PYMNTS

For most of us, a stroll down the chilled or frozen food aisle in the supermarket is essentially an in-store version of window shopping. But for Chicago-based Cooler Screens , all those clear refrigerator doors are a potential goldmine. “We are taking advantage of unused capacity,” Cooler Screens Chief Technology Officer Rob Dravenstott told PYMNTS in a recent interview.

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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.

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WEX’s Dearborn Says B2B Payments Has Reached Tipping Point

PYMNTS

When it comes to the scope of changes that businesses have implemented in the past seven months of COVID-era adaptation, characterizing the digital shift as a mere “acceleration” would be an understatement. “I think when the pandemic hit in early March, it really put a gun to the head of many companies by taking what have been Byzantine processes around accounts payable or accounts receivable and moving to much more digital means,” Jay Dearborn , president, corporate payments of WEX Inc. , told

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Cloud Cybersecurity Platform SentinelOne Nets $267M; Now Valued At Over $3B

PYMNTS

Cloud-based cybersecurity platform SentinelOne has raised $267 million in a Series F funding round, the company announced in a press release. The new funding, led by Tiger Global Management, brings SentinelOne’s valuation to over $3 billion. Other investors included Sequoia Capital Global Equities and existing investors Insight Partners and Third Point Ventures, the release stated.

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Target Nixes Subscription Service

PYMNTS

Target has canceled its subscription service, a foray into bulk discount purchasing launched seven years ago. Through the service, Target customers were able to automatically reorder items in bulk while earning a 5 percent discount, with the items shipped their homes. But Target recently discontinued the service, with a brief Q&A page notifying customers that they will receive items purchased before the November shutdown.

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Amazon Expands Key In-Garage Delivery To 4K US Cities; Moves To Include Food Delivery

PYMNTS

Amazon said on Thursday (Nov. 12) that it is expanding its Key In-Garage Delivery service to Prime members in more than 4,000 cities across the U.S. Prime members will be able to accept deliveries in their garages using a myQ smart garage opener system that links to Key. Customers can then select free in-garage delivery when placing Amazon orders. Delivery notifications can be viewed through the Key by Amazon app or the Amazon mobile app.

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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.

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Augmented Reality Adds 3D Technology To Boost Retail Conversions

PYMNTS

Nothing counters disruption like another disruption. Take weddings, for example. Before the pandemic, the fitting for the bride and bridesmaids was a happy social event at a bridal shop, maybe over a shared bottle of prosecco. Then COVID hit, and now masks and social distancing have made wedding planning an entirely different experience. David’s Bridal has countered that disruption with another disruption: augmented reality (AR).

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Physical And Digital Retail Unite For The New In-Store Experience

PYMNTS

“Digital transformation.” The term suggests a permanent departure from the physical, but that’s not the whole of it. As COVID-19 continues to modify ideas around how we shop and pay, consumers and B2B buyers are also making choices about where to shop: online or in-store? The answer is “both,” but there the simplicity ends. It’s the old story about how we don’t miss something until it’s gone.

Retail 104
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Banking-As-A-Service (BaaS) Making Payments Faster And ‘Smarter’

PYMNTS

Several narratives have emerged from this pandemic. First has been the focus on digital transformation that essentially saved the economy during lockdowns. Another related theme is the need for legacy core banking systems to upgrade in ways that don’t protract disruptions. Looking at the plight of migrant workers and those working abroad during the COVID event, PYMNTS November 2020 Smarter Payments Tracker® powered by Nium notes that, “Legacy FIs can struggle to provide affordable remittance ser

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