PYMNTS

APRIL 3, 2019

It may seem that cross-border payments were in the … well … crosshairs this past week, with a number of country-by-country and company-by-company initiatives using blockchain and other methods to speed payments and lower fees. In Myanmar, Shwe Rural & Urban Development Bank has partnered with Krung Thai Bank, which is state-owned, to debut a cross-border transfer money offering that is in turn tied to the Ethereum blockchain.

Accounts Payable 92

Accounts Payable B2B Invoicing Banking 92

CFA Institute

APRIL 3, 2019

There are now more than 70 times as many indexes as there are stocks. What does that mean for investors?

Performance Measuring 52

Performance Measuring Economics Investments 52

PYMNTS

APRIL 1, 2019

When it comes to online shopping, one of the greatest frustrations for consumers — and friction points for merchants — is having to manually enter credit or debit card information for each purchase. It’s no wonder that 78.9 percent of consumers today have account information stored online with at least one or more companies or service providers. In the latest Mobile Card Services Playbook , a collaboration with Ondot , PYMNTS surveyed more than 9,500 U.S. consumers to get a better understanding

Accounting 85

Accounting Securities Retail Technology 85

PYMNTS

APRIL 5, 2019

With U.S. gig workers accounting for more than $1.4 trillion in income by the end of 2018, it’s safe to say the gig economy is becoming a mainstream part of the global economy. From ridesharing drivers to freelance designers and consultants, an increasing share of gig workers are pursuing specialized jobs, often juggling multiple at once. In fact, the share of those in the gig economy with highly specialized skills rose to 32.3 percent in Q4 2018 — a 12.2 percent increase over the previous quart

Accounting 81

Accounting 81

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.

PYMNTS

APRIL 2, 2019

The gig economy is growing. The desire to get paid faster is also gaining traction — along with the companies satisfying that desire. To that end, Visa announced Tuesday (April 2) that it has introduced Card Payouts, an app designed help mid- to large-sized businesses manage cash flow — and speed payments to gig economy workers, to boot. (Call it killing the check — and you may remember our own research, where 85 percent of gig economy workers surveyed said they would work more if they could get

Treasury 80

Treasury Leverage Banking 80

PYMNTS

MARCH 31, 2019

The FBI has announced a directive shift away from counterterrorism and toward fighting the increasing threats from cyber attacks, according to a report in The Wall Street Journal. The move comes amid an ecosystem of attacks from foreign countries, like Russia and its election meddling and China’s cyber attacks against U.S. businesses. The Navy also recently reported that it was under siege by Chinese cyber attacks, and FBI Director Christopher Wray said all 56 bureau field offices have open inve

Planning 76

Planning Securities 76

PYMNTS

APRIL 5, 2019

Dozens of cybercriminal groups have found a home on Facebook , using the platform’s online marketplace to sell illegal services such as stolen credit card information, as well as account theft and spamming tools, according to Cisco Systems’ Talos security unit. “Over the past several months, Cisco Talos has tracked several groups on Facebook where shady (at best) and illegal (at worst) activities frequently take place.

Securities 76

Securities Accounting Investments 76

PYMNTS

APRIL 5, 2019

A new blockchain association has been created to promote the adoption of the technology across the European Union. The group — the International Association of Trusted Blockchain Applications ( INATBA ) — officially launched on April 3 in Brussels and includes SWIFT, IBM, Ripple and around 100 other companies and organizations. As a European Commission initiative, INATBA is a “global multi-stakeholder forum” created to bring “industry, startups and SMEs, policy makers, international organization

Startups 75

Startups Technology Banking 75

PYMNTS

APRIL 5, 2019

Blunt question for PYMNTS readers (pun intended): Have you been inside a pot shop lately? One of the legal operations that are springing up in the states that have approved the above-board sale of marijuana products? Or do your views of marijuana retail still center around high school bathrooms, back alleys or sketchy dudes at heavy metal concerts? We don’t mean to be aggressive, nor do we take a stance on the moral or political natures of legal weed.

Retail 74

Retail Sales Financial Systems Banking 74

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PYMNTS

APRIL 1, 2019

Synthetic fraud is a brave new frontier in bilking billions, as commerce goes increasingly online. Merchants, lenders and banks never see the person on the other side of the transaction, and proving that someone is, well, legitimate is becoming more difficult. To that end, SentiLink said late last month that it had garnered $14 million in Series A funding.

Construction 73

Construction Numbers Concentration Securities 73

PYMNTS

APRIL 5, 2019

Denmark has decided to ban 500-euro notes in an attempt to fight money laundering in the country. The decision was made despite a request by the European Central Bank ( ECB ) not to ban the note. But Danish authorities says that the bills’ use for criminal activities justifies the ban, adding that the ECB even decided to stop printing the notes in 2016 under the recommendation of the global anti-laundering organization Financial Action Task Force.

Banking 73

Banking 73

PYMNTS

APRIL 4, 2019

Luxury brands are selling more and more on Chinese eCommerce sites like JD.com and Alibaba, while still keeping their distance from Amazon, according to a report in The Wall Street Journal. French multinational luxury goods conglomerate LVMH ’s finance chief made his views on Amazon clear in 2016 when he said “the existing business of Amazon doesn’t fit with luxury, full stop.

eCommerce 73

eCommerce Education Finance Technology 73

PYMNTS

APRIL 1, 2019

Digital solutions have made their way into the gig economy, with more workers than ever utilizing digital marketplaces that pair companies with talent from around the world. These days, however, gig jobs don’t just encompass rideshare drivers, home renters or handymen on popular platforms like Uber, Airbnb or TaskRabbit. Gig work is now available in nearly every industry, and it is beginning to disrupt traditional ideas regarding career paths and earnings. .

Healthcare 73

Healthcare Education Compliance Communication 73

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.

Planning

PYMNTS

APRIL 3, 2019

Business payments company Bill.com has secured unicorn status and launched a partnership with Mastercard to accelerate accounts payable for joint business customers. In a press release on Tuesday (April 2), Bill.com announced new funding to the tune of $88 million led by Franklin Templeton, while Mastercard, Fidelity Investments Canada ULC and others also participated.

Accounts Payable 73

Accounts Payable Valuation B2B Invoicing 73

PYMNTS

APRIL 4, 2019

Small and medium-sized business spend management firm Bento for Business is teaming up with Visa to enhance cash flow management for SMB customers. In a press release on Thursday (April 4), Bento announced its collaboration with Visa to integrate Visa’s business debit card into the Bento for Business platform. Current holders of Visa business debit cards will be given access to Bento’s financial solutions, including expense and spend management, budgeting and bookkeeping functionalit

Budgeting 72

Budgeting Marketing Finance B2B 72

PYMNTS

APRIL 1, 2019

Woody Allen once supposedly said 80 percent of success is just showing up. Beyond that, in business and in life, showing up on time counts for a lot, too. So it is with payments, where speed counts. The movement toward faster payments and peer to peer (P2P) is, well, quickening. As the Faster Payments Tracker shows, the clamor for speedier payments spans the globe.

Numbers 72

Numbers Marketing 72

PYMNTS

APRIL 4, 2019

Out of the haze of uncertainty emerged a new mobile network, and from the new mobile network came new retail applications and experiences, all taking advantage of the faster speed of the technology, and the potential to reduce friction. So goes the imagined story of 5G , even though the narrative has barely progressed beyond the prologue. The mobile technology is moving from the realm of the possible to the world of the real.

Retail 71

Retail Technology Marketing Sales 71

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

Finance

PYMNTS

APRIL 2, 2019

The legal cannabis market continues to reach new milestones, the latest being the launch of the industry’s first commodity trading desk — with the latest service provider highlighting the opportunity in addressing the more nuanced challenges of an unfamiliar, emerging market. Marijuana company Grupo Flor has rolled out its commodity trading desk to connect industry buyers and sellers, and facilitate the trade of raw materials, including the THC flower, THC trim, crude and distillate THC an

B2B 70

B2B Banking Compliance Transportation 70

PYMNTS

APRIL 3, 2019

In an effort to lure talented engineers its way, Goldman Sachs has rolled out a new program in which it will pay engineers to develop new finance apps. According to a report in Reuters , Goldman Sachs is looking to hire engineers to join a digital innovation program. The engineers would receive $100,000 in compensation along with access to Goldman Sachs’ API.

SAP 68

SAP Finance Banking Technology 68

PYMNTS

APRIL 2, 2019

It’s not enough to be a retailer these days, not if a merchant intends to survive in a world of commerce dominated by the likes of Amazon and other tech-focused competitors. Innovation is one of the keys to advancement — and that increasingly means opening tech hubs, incubators and other such operations. Those efforts have certainly led to significant advances in product and revenue, and the enablement of what’s come to be called the “consumer experience.

Retail 68

Retail Leadership Accounting Technology 68

PYMNTS

APRIL 4, 2019

Consumers’ preferences are undeniably shifting digitally when it comes to banking and financial services. According to a recent study by Citibank , 31 percent of consumers use their mobile banking app more than any other — placing mobile banking behind only social media and weather for most frequented mobile destinations. And by all accounts, this digital migration is driven by consumer preference — according to the same study, 91 percent of mobile banking users prefer accessing their app over

Banking 67

Banking Leverage Securities Education 67

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Accounting

PYMNTS

APRIL 4, 2019

About two years ago, Walmart teamed up with Green Dot and Commonwealth, for a prepaid card savings program. On Thursday (April 4), the company announced that customers “have moved more than $2 billion through the program’s virtual Vault, a safe and accessible way to save money through the Walmart prepaid MoneyCard.”. Customers can also win money using the program.

Securities 67

Securities Retail 67

PYMNTS

MARCH 31, 2019

Cross-border money transfer startup TransferWise is looking to raise funds and will sell a stake in itself to do so, according to a report by Reuters. The company’s past investors include English business magnate Richard Branson and PayPal founders Peter Thiel and Max Levchin. FinTech companies that offer new technology to help move cash and funds across borders are becoming increasingly popular and disruptive to traditional banking institutions.

Valuation 67

Valuation Startups Planning Banking 67

PYMNTS

APRIL 4, 2019

FinTech firms may not be the only ones that traditional financial institutions (FIs) need to keep an eye on. About six in 10 consumers have said they would be open to banking with non-FIs if they could — especially with big-name brands like Amazon , PayPal and Walmart. Younger consumers, as it turns out, are particularly open to receiving financial services from retail merchants and FinTech firms.

Banking 67

Banking Retail Finance 67

PYMNTS

APRIL 5, 2019

SoLo Funds announced it has added a Mastercard integration so users can link their debit accounts to the peer-to-peer (P2P) lending platform. The company noted there are 100,000 Visa cardholders who already use the SoLo Funds platform, which allows users to request and receive a P2P loan of less than $1,000 within minutes – faster than traditional ACH bank transfers, which can take up to three full business days to settle.

Banking 66

Banking Accounting 66

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