Sat.Aug 05, 2017 - Fri.Aug 11, 2017

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How APIs Are Fostering Collaboration Between FinTechs And Banks

PYMNTS

Banks and FinTech companies have a complicated history. To put it mildly, the two sides have not always worked harmoniously together. Why the tension? Both types of institutions contend for the same business in the competitive financial services world. While traditional banks offer a more established and tested set of products, the offerings of newer FinTech companies — such as real-time data, streamlined payments and quick notifications — are helping these new players encroach on banks’ t

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Top 3 Reasons EPM Is Moving to the Cloud

Planful

Read on to learn about the benefits of EPM software and the top 3 reasons EPM is moving to the cloud. What Is EPM? Enterprise performance management (EPM) is a process and software system designed to help organizations (i.e., companies, government entities, educational institutions, and non-profits) achieve financial goals by linking strategies to plans and execution.

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API As Olive Branch? Silicon Valley Bank Seeks To End FI Rivalry

PYMNTS

The rivalry between banks and FinTechs has, at times, been tense if not downright combative. Enter APIs to help the two sides coexist more peacefully. API solutions are doing more than helping two different types of financial institutions find ways to collaborate. By integrating artificial intelligence and machine learning capabilities, companies are relying on API solutions to fight cybersecurity threats and help businesses determine the trustworthiness of a potential trading partner before ent

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Vantiv’s Cloud Payment API triPOS Cloud Now Live

PYMNTS

Vantiv Integrated Payments — a Vantiv company and provider of payments technology and processing services for small and medium-sized businesses (SMBs) — announced news on Monday (August 7) that triPOS Cloud, a cloud-based API for easier and faster real-time payment processing, is now live. The company said the API is available for all independent software vendors (ISVs) and merchants to process point-of-sale (POS) transactions.

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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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App Developers In China File Antitrust Suit Vs. Apple

PYMNTS

Apple has been engaging in anti-competitive behavior in China, its largest mobile applications market, according to a lawsuit filed with regulators in that country. The antitrust suit, which comes on behalf of more than two dozen developers, was filed Tuesday by Dare and Sure, a law firm based in China. The lawsuit states that the tech juggernaut is mistreating Chinese developers through its stronghold via the iOS App Store.

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Amazon Explores New Technology For Home Food Delivery

PYMNTS

Amazon is exploring a cutting-edge food technology for home delivery, as the online retailers continues to find new ways to get into the $700 billion U.S. grocery business. According to Reuters , Amazon is looking into selling ready-to-eat dishes as soon as next year. The dishes would not require refrigeration and could be offered cheaply compared with take-out from a restaurant.

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How To Live Forever In The Financial Services Space

PYMNTS

Slow and steady doesn’t win the financial services race. If you’re not ahead, you’re behind, especially if you’re playing on the global stage. From user interface technology to security and risk management, the only constant in the financial space is that nothing stays the same for long. Those who wait until they must either invest or fold will find themselves outpaced, and catch-up is not a game that any organization wants to find itself playing.

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PayPal And The Rewards Of Non-GAAP Accounting

PYMNTS

When it comes to earnings, a bit of accounting can make all the difference. The way Wall Street looks at earnings, and the way the average person might count earnings, though, are two different things. Let’s take the second scenario — what an individual might consider when examining the bottom line: money comes in, expenses are paid and what is left over is what is earned.

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Walmart Expands Test Of Scan & Go To Ten More Locations

PYMNTS

Retailing giant Walmart is expanding the use of its Scan & Go mobile app, which is already being tested in around 12 stores in Arkansas, Florida, Texas and Georgia, to include ten more brick-and-mortar locations. According to a news report , some of the new locations for the technology that lets customers scan and pay during in-store shopping without the need for a cashier will be in Dallas-Fort Worth and Nashville markets.

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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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Bitcoin Flirts With All-Time High Over The Weekend

PYMNTS

Bitcoin, the leading cryptocurrency, jumped more than 16 percent on Saturday (August 6) to an all-time high of $3,360.87 before hovering around $3,303, propelling market capitalization to more than $54 billion. According to a news report in CNBC , the virtual currency has more than tripled in value since the start of the year and is up 15 percent in the early days of August.

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Traydstream Targets Trade Data Automation With New Partnerships

PYMNTS

Traydstream, one of the trade finance industry’s newest entrants, has already struck partnerships only a month after launching. The company announced news on Friday (Aug. 4) that it is partnering with Fujitsu subsidiary PFU and Lloyd’s List Intelligence. PFU will provide its scanning technology to Traydstream to integrate scanning services into its offering.

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AI/BOTS: Consumer Behavior Transformation Via AI

PYMNTS

Gone are the days of mom-and-pop stores where the owner behind the counter knew what the customer wanted before he or she even spoke. Rather than having one-on-one relationships with regular customers at standard brick-and-mortar locations, eCommerce has globally widened the sales interaction. With the advent of artificial intelligence (AI), retailers and merchants have the capability to reach a much larger array of consumers on an extremely tailored and personal level.

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Blockchain Startup Populous Opens Its Doors With New Funding

PYMNTS

After introducing itself to the market earlier this year, U.K. FinTech startup Populous has officially launched. News reports on Wednesday (Aug. 9) said Populous has raised more than $10 million and is now piloting its platform, which uses blockchain technology for invoice financing. “We’ve been getting a lot of interest from other invoice factoring firms and financial firms that are not on the blockchain wanting to join the project, including banks as well,” said Populous CEO Stephen Williams i

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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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Tap To Give To Charity – Yes, It’s A Thyng

PYMNTS

People don’t write a check to pay for their dinner, movie tickets or groceries, so why are they still writing them for charitable giving? PYMNTS CEO Karen Webster has volunteered at a few charity fundraisers in her day, and the call to action at the end of the night is still, in 2017, to reach for the checkbook and write out the donation amount on paper.

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Suspect Caught In Alleged London Cryptocurrency Fraud

PYMNTS

Ding, ding, ding! And the winner of the newest frontier of financial fraud is cryptocurrency. Since the beginning of this year, businesses have raised $1 billion in initial coin offerings (ICO), and Goldman Sachs is seeing 800 altcoins circulating around the internet. As cryptocurrency increases in popularity, it has attracted dangerous minds. With many looking to find holes in the often proclaimed “most impenetrable” financial system, it was just a matter of time before a hacker or

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The Buyers: Shift In Luxury Consumers

PYMNTS

Luxury isn’t what it used to be. Sure, there are high-end quality items and experiences, but consumer behavior in this space has seen a shift over the past few years. Following the 2008 recession, most consumers expectedly shied away from making purchases on ultra fancy or expensive items in favor of keeping their financial heads above water. Yet the story for luxury purchases has shifted in the last few years, which is showing a more positive outlook.

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AIG Predicts Cyber Insurance From Firms In Greater China Will Skyrocket

PYMNTS

American International Group (AIG), the insurance company based in the U.S., predicted the number of cyber insurance policies will skyrocket from Chinese companies and in other parts of Asia due to the WannaCry ransomware attack that wrecked havoc on companies around the globe a few months ago. According to a news report in Reuters, citing American International Group, the insurer said it had an 87 percent increase in inquiries for cyber insurance policies in May compared to the month earlier in

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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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Why Fatburger Is (Literally) Selling Itself To Consumers

PYMNTS

Fat Brands – as it is pushing toward a unique IPO of its own – is offering consumers with $500 to burn an interesting opportunity: the chance to purchase their own piece of Fatburger. Fatbrands – which owns Buffalo Wild Wings officially plans to sell shares in the firm to the public next month on a quest to earn $20 million so it it can better expand its business and pay down some of its corporate debt.

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Tech Center: Pittsburgh Takes On Tech

PYMNTS

Pittsburgh has contributed a plethora of everyday items and services that many may take for granted. The city’s contributions to the country in addition to being the base of America’s steel industry, the city was also the birthplace of the beloved Mr. Rogers, McDonald’s Big Mac and the very first drive-in gas station. It’s also the birthplace of legendary American artist Andy Warhol.

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BoA Testing Samsung Iris Tech For Authentication

PYMNTS

Bank of America is reportedly launching a pilot of Samsung Electronics technology that will enable customers to access the mobile banking app via a photo of their eye. According to a news report in The American Banker , the trial is part of a bigger push by Bank of America to see how customers react to using different biometric authentications. “One thing we know we need to work on with our customers is, even in today’s day and age of digital natives, there are questions about safety and securit

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Taking A Pass On Passwords

PYMNTS

Fizzle of The Week: Passwords. Passwords are one of the necessary evils of the modern digital commerce age. A prolific necessary evil, perhaps. By some estimates, if the current pace is continued, the average consumer will have something like 200 passwords to remember. But, even if it seems staggeringly difficult — bordering on entirely impossible — to keep 200 separate strings of random letters and numbers straight in one’s head, the payoff is worth it.

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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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Sonas Denim And Disrupting A Fashion Staple

PYMNTS

Many innovators end up in the business of commerce or technology because they are trying to solve a problem — usually their own. This is often a good or service they find they need, and that the market doesn’t offer, which sets off a light bulb and begins the cycle of innovation. Gerry Kelly didn’t have a problem so much as he had an interesting pair of pants.

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PayPal Acquires Swift Financial To Expand SMB Lending Options

PYMNTS

The Great Recession had a crippling effect on credit markets across the board. Consumers, enterprise-sized businesses and small businesses (SMBs) all found themselves caught in the squeeze of a wide-ranging credit crunch. Ten years out, consumers and big businesses experience the credit crunch as a memory, but for SMBs, particularly startups, the credit crunch is a reality.

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Venmo Rolls Out QR Code Feature To Ease P2P Mobile Payments

PYMNTS

Venmo recently launched a new QR code feature to more easily locate friends within its mobile payments app. According to a news report in TechCrunch , the new feature is aimed at easing the person-to-person (P2P) payments process, making it easier for users to add connections to the list of people they pay — or who pay them. The feature is located under a new menu option dubbed Scan Code and now works for both the iOS and Android versions of the mobile payment app.

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The Complicated — And Increasingly Crowded — Payments Battle In China

PYMNTS

UnionPay is facing an increasingly competitive and complicated world these days. Some question whether the card-payment network operator will be able to overcome the struggle to “remain relevant” in a market that is quickly changing — and where consumers may soon be leaving card-based payments behind entirely. That “struggle” may not be entirely evident at first glance.

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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.