Sat.Apr 01, 2017 - Fri.Apr 07, 2017

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Technology Safeguarding The Age-Old Practice Of Financial Data Sharing

PYMNTS

The approach to financial services for consumers and businesses is quite vast, but across the spectrum, access to and management of financial data is a critical component. Today, APIs have become a popular way for banks to share this financial data with other services and have given rise to more possibilities for FinTechs in how they meet their customers’ needs — and more debate about the security of such facilitated information-sharing.

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Big FX Decisions: Options and Forwards and When?

Reval

iTreasurer. Recent volatility has FX managers weighing the right time to use options and forwards. Click here for details >> The post Big FX Decisions: Options and Forwards and When? appeared first on Reval.

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Can Audits Help Improve Business Performance?

Planful

Can audits help improve business performance? The answer is yes, based on a survey done by Deloitte. The results were highlighted in a article published by Accounting Today : “T he survey of 300 C-suite executives and 100 audit committee members, found that nearly three-quarters of the top executives and 91 percent of the audit committee members polled said audits of financial statements identify opportunities to improve business performance.

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Warby of X: Using Quality To Support Online Mattress Buying

PYMNTS

Oftentimes the best ideas come from trying to solve a problem. And when that problem is a personal one, the drive to create an innovative solution that actually works is even stronger. For Marc Werner, founder and CEO of Nature’s Sleep , this meant making a mattress that actually helped him get a good night’s sleep, despite dealing with chronic neck and back pain.

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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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Uber Of X: goPuff Is The Uber Of Convenience Store Items

PYMNTS

Making a run to the corner store for one item, or even a few small items, can sometimes be a difficult feat to accomplish. Whether it’s lack of time in a busy schedule, transportation issues, proximity to a good store or just plain, “I’m going to stay home in my PJs and not do anything” laziness, convenience store runs can sometimes be more trouble than they’re worth.

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Magento Commerce Launches B2B Digital Cloud

PYMNTS

Magento , an eCommerce platform, announced on Wednesday (April 5) that it will now support B2B capabilities through the launch of its Magento Digital Commerce Cloud for B2B offering. The digital cloud for B2B companies will handle the complex B2B commerce requirements in order to empower manufacturers and distributors to grow and enhance their businesses.

B2B 55
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Is Mobile Winning The In-Store Assistance Battle?

PYMNTS

When it comes to learning about a product while walking around a traditional brick-and-mortar store, some consumers ask for help from a store associate, while others turn to their mobile device. In the current retail battle of eCommerce versus brick-and-mortar, the way in which consumers seek out help while shopping in-store may have a profound impact on which side will ultimately win the war.

Sales 52
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Hacker Tracker: Kaspersky Labs Runs The DDoS Attack Numbers

PYMNTS

One of the main drivers in the popularity of distributed denial-of-service (DDoS) attacks among cybercriminals is the favorable cost-profit ratio. Companies that are targeted by this type of extortion can expect to lose thousands, if not millions of dollars, while the perpetrators of the attack can invest as little as $7 an hour to get the attacks off the ground.

Numbers 51
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Congress Mulls SME Cybersecurity Legislation

PYMNTS

A bill that would encourage SMEs to follow cybersecurity guidelines is making its way through Congress as an addition to existing legislation encouraging the same of large corporates. Reports this week said the bill, the Main Street Cybersecurity Act, is an update to the existing Cybersecurity Enhancement Act of 2014 and would seek for the National Institute of Standards and Technology to develop a set of voluntary guidelines for small businesses to mitigate and prevent cybersecurity risks.

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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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Is The Realization Of The Mobile Retail Revolution Near?

PYMNTS

A world without checkout lines and a farewell to the fat wallet were just some of the tantalizing outcomes foreseen as mPOS devices started to make their way into retail stores years ago. Alas, consumers and merchants are still awaiting the realization of the envisioned blissful, wait-free retail utopia that was envisioned a while back. Even as mobile payment technology lets consumers pay with their phones and allows merchants to accept payments away from a cash register, the tech is seemingly s

Retail 49
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IPOs Take Top Of Mind For Tech Unicorns

PYMNTS

IPOs may be back for tech and for unicorns. As of this writing on Friday (April 7), Okta looked poised to make gains out of the gate on Friday, with 11 million shares for sale in an offering that had been slated to raise nearly $190 million for the enterprise software firm. And even as deal making got buttoned up, as seen with Cisco and AppDynamics (which was bought for $3.7 billion just before coming public) at the end of last month, the IPO landscape is marked with additional anticipation, as

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Letting Go Of ‘Set It And Forget It’ Decisioning

PYMNTS

Slowly but surely, businesses are starting to realize the importance of offering more data-driven, analytics-driven techniques in order to render more real-time decisions for their customers. No longer is the old “set-it-and-forget-it” approach to decisioning enough. Across various industries and use cases, the interest in data analytics and decision management as a tool for keeping pace with the competition and delivering on customer expectations is growing.

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The Identity/Authentication Confusion

PYMNTS

At this year’s PYMNTS Innovation Project , Admiral James Stavridis , NATO’s former Supreme Commander, said that one of the biggest points of compromise that cybercrooks exploit is the login. And that for far too long, more focus has been placed on password security and management — accessing information — rather than on the effective protection of digital identities — making sure that only the people who should have access to data or systems, get it.

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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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InComm Partners With WeChat To Power Digital Payments For Chinese Tourists To Japan

PYMNTS

InComm, a prepaid product and transaction services company, announced Tuesday (April 4) that InComm Japan is partnering with Tencent FiT, the provider of WeChat Pay services and part of the Tencent group of companies headquartered in Shenzen, China. In a press release , InComm Japan’s POSA network, which connects with more than 50,000 retail stores in the country, will facilitate customer purchases at the point of sale using WeChat Pay-issued barcodes.

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The Extremely High Cost Of Counterfeit

PYMNTS

Given that counterfeiting is driven largely by the desire for cheap goods, it can be somewhat shocking to see exactly just how high the annual cost of counterfeiting and digital piracy is around the world. According to the latest edition of “Transnational Crime and the Developing World” recently released by Global Financial Integrity (GFI), the global trade value of counterfeit and pirated goods is estimated to generate between US$923 billion to $1.13 trillion annually.

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Uber Of X: Truxx Is The Uber Of Moving

PYMNTS

Moving large items can be one of the more stressful events in life. Whether it’s time to move into a new apartment or pick up a new toilet at a home improvement store, there are many large items that just do not fit into every car. And sometimes people don’t realize an item won’t fit into their car until they’re already at the store with the purchased item.

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Struggling Staples Is In Talks With PE Firms About A Sale

PYMNTS

Staples, the office supplier retailer, is reportedly looking to sell itself. According to a report in The Wall Street Journal citing people familiar with the matter, Staples is in talks with a handful of private-equity suitors. Talks are still in the early stages, and nothing could come of them. The move comes less than a year after Staples failed in its efforts to merge with Office Depot.

Sales 46
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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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How The Travel Sector Copes With Cross-Border Payments Pain

PYMNTS

Cross-border payments can be rough seas for any company. Data suggests SMEs in particular are struggling to grow internationally because they fear the consequences of a lack of expertise and knowledge in going global, but corporates of any size expose themselves to new risk when entering new markets. The challenges are vast, from being able to reach customers in an unfamiliar territory to running afoul of local regulations.

B2B 45
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Cash Powers 75 Percent of POS Payments In Eurozone

PYMNTS

Mobile payments might be all the rage in Europe, but they are seemingly far from replacing good old cash. In fact, when it comes to picking a payment method, most European consumers pick cash even over credit and debit cards. According to a recent survey conducted by the European Central Bank (ECB), three-quarters of all point-of-sale (POS) transactions in the Euro zone are paid using cash.

Sales 45
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NEW REPORT: Is The Mobile Retail Revolution Ready For Its Second Act?

PYMNTS

When mPOS solutions started to roll out in retail locations about a decade ago, many predicted a futuristic utopia devoid of long lines and bulging wallets. But these days, that fantasy is still far from reality. Even retailers equipped with mPOS terminals opt not to accept mobile payment, and consumer adoption continues to lag. . But that may be about to change.

Retail 44
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B2B Venture Capital: Corporate Social Media, Marijuana Procurement, and Big Data

PYMNTS

B2B FinTechs in the U.S. and India seem to be an unshakable force these days. This week, the two countries were the only markets that landed on the B2B venture capital board, with funding landing at SaaS, Big Data and procurement startups across a range of industries, from corporate social media management to marijuana procurement. PYMNTS breaks down the $24 million in venture capital raised.

B2B 43
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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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Bebe To Shutter 21 Store Locations

PYMNTS

High-end retailer Bebe is expecting some major changes as it looks to restructure its business. In a filing with the Securities and Exchange Commission (SEC) on Wednesday (April 5), the specialty women’s apparel chain said it plans to close 21 store locations and will incur an impairment charge of nearly $2 million as a result, CNBC reported. The company will also pay an estimated termination fee of roughly $7.4 million.

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Mastercard Rolls Out Support Of Samsung Pay In UAE

PYMNTS

Mastercard announced Tuesday (April 4) that Mastercard cardholders from select banks in the United Arab Emirates (UAE) will now be able use the Samsung Pay service to make payments in a quick and secure way. Mastercard said in a press release the move is part of its efforts to displace cash, spur innovation and drive growth of cashless payments in the UAE.

B2B 43
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Abra Goes Global, Leverages Crowdtesting

PYMNTS

For technology startups looking to expand their reach, crowdtesting has become a key resource to ensure operability on the global market. FinTech Abra, for instance, looks to change the way people around the world send and receive money. Founded in 2014, Abra now supports more than 50 currencies to help users move money virtually anywhere. Many of the world’s unbanked and underbanked cash holders today rely on informal networks to transact in and transfer funds, said George Chlentzos, Abra’s dir

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Apple Pay Support Now Available For Additional Banks In US, Russia

PYMNTS

Apple Pay has added more than 20 banks and credit unions in the United States, as well as two new banks in Russia, that now support the payment service, according to 9to5Mac. This announcement follows the launch of Apple Pay in Taiwan and Ireland, as well as the addition of more than 30 banks and credit unions across the U.S., Australia and China late last month.

Banking 43
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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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The Creator Of AdBlock Plus Acquires Micropayment Startup

PYMNTS

Eyeo, the creator of AdBlock Plus, has acquired Flattr, a Swedish startup focused on micropayments, with plans to combine the two technologies so that creators can earn more revenue directly from fans rather than having to rely on other companies for income. According to Ad Week , the acquisition will allow Eyeo to use Flattr’s technology to pay creators for their work, while also decreasing clickbait and creating a “quality shield” around engaging content.

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Amazon To Add 5K Jobs In Virtual Customer Service

PYMNTS

Amazon’s latest employee-boosting ambitions will certainly add to the growing stats of workers working remotely. The online retail giant just announced a plan to create over 5,000 new part-time roles over the next year as part of its Virtual Customer Service program. In a nutshell, the program allows employees to work from home as customer service representatives.

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China’s Tencent Passes Wells Fargo To Become Tenth Most Valuable Company

PYMNTS

Tencent, the Chinese tech giant, has passed Wells Fargo to become the world’s tenth most valuable public company. According to Fortune , before Tencent, all of the top 10 most valuable public companies were American and did worldwide business, with the list including Alphabet, Amazon, Apple, Berkshire Hathaway, Exxon Mobil, Johnson & Johnson, JPMorgan and Microsoft.