Sat.Jun 18, 2016 - Fri.Jun 24, 2016

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Breaking Down The Big Business Of Fraud

PYMNTS

Fraudsters always seem to be one step ahead of both the consumers and businesses they target. They have the uncanny ability to slip in unnoticed, wreak havoc and essentially walk away unscathed (and paid). Though victims of fraud attacks may never be able to beat cybercriminals at their own game, it’s clear that knowledge is power. As Don Bush, VP of Marketing at Kount , recently told Karen Webster , knowing what’s coming can better prepare you to defend yourself. “If you don’t know

Banking 55
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Europe Digs Deeper Into Its Pockets – Cash Still There

PYMNTS

The state of cash in Western Europe is at a crossroads with the rapid development of mobile technology. While several European countries show positive growth in cash usage, there are some that are on track to become cash-free. The PYMNTS.com Global Cash Index™, powered by Cardtronics, uncovers the changing dynamics of the state of cash in Western Europe and the projected effect of the impending Brexit vote on cash usage.

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Moving Beyond The Paper Trail

PYMNTS

The movement by small and midsized businesses to fully accept and work with electronic payments has been a gradual one, and one that has been marked by concerns surrounding costs. Firms have tread cautiously with respect to electronic payments, with costs dominating the argument against transitioning. After all, it does take time and money to bring accounting systems up to speed and to enable platforms to deal with processing fees tied to transactions.

B2B 50
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Payments’ Half-Year Progress Report

PYMNTS

At the start of the year, I wrote a piece that outlined six trends that I suggested would set the agenda for payments innovation and commerce reinvention in 2016. The foundation for those six trends was the ability for innovators to leverage the near ubiquity of mobile devices and the ability to connect those devices – and many others – to the internet.

Retail 47
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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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Amex Gives Merchants EMV Chargeback Break

PYMNTS

American Express has announced changes to its EMV chargeback policy in order to ease the transition as merchants migrate their POS systems to be EMV-compliant. This move is aimed at helping merchants limit their fraud losses, and as of the end of August of this year, merchants will not be liable for counterfeit fraud chargebacks for any transaction under $25.

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Partnership Bridges Trucking Industry To Invoice Finance

PYMNTS

In what the companies said is a first for the industry, InMotion Global and Triumph Business Capital are partnering to introduce financing options for business fleet customers, linking travel management software with corporate lending. An announcement on Wednesday (June 22) said InMotion Global-owned AscendTMS will integrate Triumph’s invoice factoring solution into its software, enabling trucking companies, freight shippers and third-party logistics firms to access financing.

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Priceline Founder Strikes Again With Corporate Travel App

PYMNTS

Jay Walker, founder of consumer travel booking site Priceline , is at it again. Only this time, his newest service targets the corporate traveler. Reports on Tuesday (June 21) said Walker is launching Upside , a mobile app to help corporate travelers stay on budget through a rewards system. The app provides gift cards to professionals that are willing to change or alter travel plans if it means saving money for their business.

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Cabela’s Up On The Block And The Bids Are Coming In

PYMNTS

When rumors of sales and acquisitions start popping up, it’s usually in a given retailer’s best interest to play their cards close to the chest and avoid spooking investors and markets alike. However, there’s only so long gossip like that can be kept under wraps, and especially so for sought-after Cabela’s. In filings made to the Securities and Exchange Commission , Cabela’s has noted that as part of a “strategic alternatives review process,” investigati

Sales 43
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Is AR Having Its ‘Netflix Moment?’

PYMNTS

The invoice-to-cash journey is having its Netflix Moment, as Billtrust CFO Ed Jordan likes to say. Netflix pre-2007 was a manual, paper-based system — relying entirely on manual shipping, manual returns and absolutely no customer self-service. The only way that a customer could get a DVD was to have it mailed to them in a little red package and to return it once the movie had been watched.

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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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How MasterCard Vets Innovation

PYMNTS

As Nobel prize-winning chemist Linus Pauling put it: “If you want to have good ideas you must have many ideas. Most of them will be wrong, and what you have to learn is which ones to throw away.”. You don’t have to look far to see and hear how a lot of “good ideas” are stirring up the payments landscape these days. From hackathons to startup pitches, startup accelerators and innovation labs, there are no shortage of ideas – and, it seems, the money to keep a steady stream of them flowing.

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Apple, Amazon Begin Paying Out Court-Ordered eBook Credits

PYMNTS

Did you purchase a Kindle eBook published by Hachette, HarperCollins, Simon & Schuster, Penguin or Macmillan between April 1, 2010, and May 21, 2012? Well then, you might want to check your Amazon account, because it might have some extra money in it. No, Amazon didn’t just decide to give a whole bunch of customers an early Christmas present; the money comes from Apple as part of a settlement of a series of anti-trust lawsuits brought by various state attorneys general.

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Billtrust Taps AvidXchange To Bring AR, AP Management Full Circle

PYMNTS

The B2B payments space has seen significant growth thanks to developers that often focus either on the accounts receivable or accounts payable side of cash management. A new partnership in the industry, however, brings both AR and AP management together. Payments player Billtrust and AP company AvidXchange announced today (Tuesday, June 21) that they are linking up to streamline and enhance automation for corporate payments.

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Brexit Darkens The Payments Landscape?

PYMNTS

Issuers are taking it on the chin headed into the final hours of stock trading on this historic Friday post Brexit. The payments companies are not faring any better. Those firms with hopes of cross-border transactions as reliable revenue streams also face rocky shoals. The overarching worry is that consumer spending will pull back, which of course hits the card firms right where they live, and it is possible the slowdown in spending would be widespread.

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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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Socure Secures Santander Investment

PYMNTS

Santander InnoVentures , a FinTech venture capital fund, announced on Wednesday (June 22) that it is making a strategic investment in identity verification platform Socure. As a real-time digital identity verification solutions provider, Socure uses trusted data from a consumer’s digital footprint — the social biometrics of individuals — to confirm their identity.

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A Simpler Vision For Accounts Payable Tech

PYMNTS

The heat of competition has hit record levels in the financial services and technology space. Advancements in FinTech are enabling corporate payments tools to become not only more efficient but a strategic part of the enterprise. If corporate treasurers and CFOs want to help their businesses grow, they must now think strategically and use the technologies to support their goals.

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Insider Insights: Big Banks And Managing Cybersecurity Risks

PYMNTS

It was the cyberheist heard around the world — and one that’s been creating quite the stir since it happened in February. That cyberheist, of course, is the case of the missing $81 million from the cyberheist at the central bank of Bangladesh through its account at the New York Fed. That $81 million was stolen from Bangladesh’s account at the New York Fed through the use of official government codes and stashed into a Philippines personal bank account.

Banking 42
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The FBI’s 411M Photo Database Is Exposed

PYMNTS

A new study has landed the FBI in hot water when it comes to privacy concerns. The Government Accountability Office (GAO) study, released last Wednesday (June 15), sheds light on a database of more than 411 million photos maintained by the FBI. The agency reportedly uses the photos — gathered from a variety of sources, such as driver’s licenses, passport applications and visa applications — and facial recognition software to find criminals, The Guardian said.

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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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Walmart Pay Launches In 16 States, DC

PYMNTS

The retail giant’s payment method is finally here. Back in December, Walmart announced plans to enter the mobile payments game with its own proprietary payments platform by turning the Walmart.com app into the way that consumers can pay at the physical point of sale. Shortly after the Walmart Pay news was announced, Walmart SVP of Services Daniel Eckert told Karen Webster that the payment method was built to leverage a habit that its customers already know how to do really well: shop online at W

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In Payments Automation, Don’t Forget Accounts Receivable

PYMNTS

In B2B payments, accounts payable automation is a hot topic, as are the challenges AP professionals face when it comes to paying suppliers and managing the data from those transactions. But a new report from Corcentric , written by the Institute of Finance & Management (IOFM), details the hurdles on the other side of the payment. Accounts receivable processes, like their AP counterparts, are similarly plagued by manual, paper processes, making the cash management effort monumental for suppl

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Walmart Is Selling Internationally Acclaimed Wine For $6/Bottle

PYMNTS

Walmart has been associated with many things throughout its more than 50 years of business as a retail giant, but fine wine has never been one of them. That began to change recently, at least in the eyes of some folks, as a Chilean wine sold exclusively at Asda, the British supermarket chain owned by Walmart, was named “Best in Show” by a panel of experts at the Decanter Magazine World Wine Awards.

Retail 42
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Facebook Opens Up For More Expressive Brand Storytelling

PYMNTS

As of Wednesday, Facebook’s Canvas is open for business to marketers looking to create customizable and organic posts featuring images, text and call-to-action buttons. Before this, the HTML5 format was only usable by advertisers. Now the format will be open to retailers and other marketers that operate brand pages. The previous format had textual limits to how posts were laid out and how consumers could interact with them.

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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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Acer Hack Compromises Card Data Of 34.5K Customers

PYMNTS

Computer manufacturer Acer announced that hackers may have stolen the payment credentials of thousands of its customers. To be more specific, it could be somewhere in the range of 34,500 customers across the U.S., Canada and Puerto Rico, according to a letter from the company. The company notes that the credentials may have been breached by a third party between the dates of May 12, 2015 and April 28, 2016.

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Starbucks’ Traffic Booster? Outlook Meetings

PYMNTS

Starbucks has found a new solution to every Outlook user’s coffee needs. In partnership with Microsoft , the company has added new functionality to Office 365’s Outlook app that allows coffee-chugging U.S. users to set up meetings at nearby Starbucks stores. The new tool called “Meet at Starbucks” lets users run an in-app search that utilizes their location to find the nearest store and choose it as a location for their upcoming meeting.

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Pinterest Acquires Team Behind Consumer-Driven Shopping App tote

PYMNTS

You can chalk up another talent acquisition to the folks at Pinterest , this time the team behind a shopping app entirely curated by real fashion experts. After acquiring the custom keyboard app Fleksy last week, news broke this week that Pinterest had acquired the team behind the Sunnyvale, California-based, influencer-driven fashion app tote. Tote bills itself as a “beautiful social shopping app that is entirely curated by people — notably stylists and fashion bloggers.

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UK Banks Hit Blockchain Payment Milestone

PYMNTS

A group of U.K. banks may have just hit a cross-border blockchain payment milestone. This group, which includes Santander, CIBC and UniCredit, announced this week that it has hit a new milestone in the blockchain innovation space. What the group claims is that it has moved real money with blockchain’s technology using Ripple, a digital settlement firm.

Banking 41
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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.