Sat.Feb 22, 2020 - Fri.Feb 28, 2020

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Lower for longer

Simply Treasury

Persistent negative interest rates (in EUR) force asset managers to reinvent their business model to focus on a "more dynamic" cash management model to avoid value destruction that a (too) prudent short-term placement would imply. Taking an assured dry loss or preferring an investment with relative positive returns and limited volatility is a real strategic choice to consider.

IFRS 130
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Mastercard’s Incoming CEO’s Take On The Future Of Payments

PYMNTS

A big change is coming to Mastercard , which will soon be marking the end of an era as its longtime CEO Ajay Banga departs from the role of CEO and moves on to the role of Executive Chairman, a position now held by Richard Haythornthwaite, on Jan. 1, 2021. Haythornthwaite has served as chairman since May 2006 and Banga has served as CEO since 2008 — when he took over the helm shortly after the onset of the financial crisis.

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Trending Sources

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Finding focus through your sales planning

Anaplan

This discussion has been edited and abridged from a webinar entitled “Finding Focus: How to build an effective sales plan in 2020” View the full webinar here.

Sales 59
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Engage Planners and Boost Productivity with Jedox 2020.1

Jedox Finance

The first release of 2020 marks the roll-out of a new Jedox User Experience for planners and application designers, raising the bar for collaborative business planning and productivity in FP&A.

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Why Tech-Forward Tax and Accounting Firms Have the Inside Track to the Future

Speaker: Joe Wroblewski, Sales Engineer Manager

Automating time-consuming manual tasks can save your firm hundreds of hours–and thousands of dollars. But it can also have longer-lasting benefits, like helping you attract and retain the next generation of CPAs, and we don’t need to tell you how important that is amid the current generational staffing crisis in the tax and accounting profession. You'll want to save your seat for this new webinar with industry expert Joe Wroblewski, where we'll explore how to: Maximize ROI with Cost-Effective Te

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Hidden Ideas in Macro: The Long-Forgotten “M”

CFA Institute

A long-forgotten economic indicator demands a reappraisal, says Daniel Nevins, CFA.

More Trending

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Report: Tencent-backed firm hiring new CFO to lead Hong Kong IPO

Future CFO

Tencent -backed WeDoctor is hiring a new CFO to lead a Hong Kong initial public offering in late 2020 or 2021, according to a Bloomberg report today. John Cai, formerly chief executive for AIA’s operations in markets including China, Malaysia and Vietnam, will join the healthcare startups as CFO and the healthcare firm’s board as vice chairman in a few weeks, the report quoted anonymous sources as saying.

CFO 40
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Will black swans cross green swans?

Simply Treasury

We have known for a few years the famous black swans that Nassim Nicholas Taleb developed. Swan lakes. black swans, a sign of an exceptional and unpredictable catastrophe. We had also talked more recently, and I am one of them, about “grey swans”, a kind of intermediary between the norm and the exceptional. But now we're talking about " green swans ," a kind of "climate black swan.

Banking 130
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Book Review: Stock Buybacks

CFA Institute

Edward Yardeni and Joseph Abbott's work is a delight that educates the most seasoned equity analyst and investor.

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JPMorgan Chase To Open UK Digital Bank By Year’s End

PYMNTS

JPMorgan Chase is taking steps to open a digital bank in the U.K. by the end of the year. The banking firm has been talking with London regulators about the idea, according to The Financial Times on Saturday (Feb. 22). The operation will likely include savings and lending products, and it comes just two years after U.S. bank Goldman Sachs launched a digital bank called Marcus in the U.K.

Banking 102
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Live Demo - Supercharge your Month End Close

Automation generally supercharges any process and brings its value to the forefront. See how infusing automation such as ART (our month-end close solution), into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i

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Global accounting leaders call on profession to help fight climate change

Future CFO

CEOs of leading accounting professional bodies calls on all accountants to put their skills to use to help businesses fight climate change. As part of The Prince’s Accounting for Sustainability Project (A4S) Accounting Bodies Network, which collectively represents over 2.5 million accountants and students worldwide, 14 major accounting bodies1 are today publishing a declaration calling on the profession to put sustainability and the fight against climate change at the forefront of its work.

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US Lawmakers Explore How Blockchain Can Help SMBs

PYMNTS

To explore the positive impacts of blockchain on small businesses, the U.S. House of Representatives Committee on Small Business plans to hold a hearing next week. Witnesses scheduled to appear include PopCom CEO Dawn Dickson and Ownum CEO Shane Bigelow, as well as Jim Harper, a visiting fellow for the American Enterprise Institute, and Marvin Ammori, general counsel for Protocol Labs, Yahoo!

B2B 99
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Shifting The Used Car Market Into Overdrive

PYMNTS

Google “used car dealer.” Click on the image tab. Within the top four thumbnails you will see a man wearing a bad jacket, a bad hat and a villainesque mustache. He is the cliché of a profession that has a lot of suede sheen on it, but at least one company is in the market to bring used car sales into the digital future. “We get that a lot,” said Shift Co-CEO Toby Russell of the stereotype.

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LendingClub and Morgan Stanley, A Tale of Two Bank Deals

PYMNTS

Call it a tale of two bank deals. The stories come with significantly different price tags: $185 million and $13 billion. Yet, some common threads unite the respective bids by LendingClub for Radius Bank and by Morgan Stanley for E-Trade , with a nod toward the changing financial services landscape and serving customers through “one-stop shop” platform models.

Banking 97
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Mid-Year Review: How to Ignite Employee Potential Through Meaningful Feedback

Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.

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BoE Gov Says Crypto Could Slow Bank Loans

PYMNTS

The Deputy Governor of the Bank of England (BoE), Jon Cunliffe, said on Friday (Feb. 28) that digital currencies could potentially dry up lending for banks and affect the economy as a whole, according to a report by Reuters. Many central banks around the globe are wrestling with the implications of digital currencies and how they will affect a country’s financial health.

Banking 95
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How The Gig Economy Has Evolved Over The Last Decade

PYMNTS

A quick glance at the workforce of 2020 doesn’t immediately present itself as all that different from the workforce of the year 2000. The major professions remain the same — doctors, lawyers, bankers, accountants, stock brokers, academics, teachers, consultants, software programmers, etc. The trades are mostly familiar — electrical, carpentry, plumbing, welding, etc.

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5G Plans Face Headwinds Amid Coronavirus Spread

PYMNTS

The coronavirus has already dented supply chains — notably those that serve retailers and auto manufacturers, among others. Digging a bit deeper and into the tech supply chains serving Apple, the headlines seem focused on consumer-facing firms, where end products such as cell phones may be slow to reach shelves if (well, of course, when) production gains traction again.

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Why A Global World Needs Credit Passports

PYMNTS

When one has a credit history, it is easy to overlook if it’s working as intended, as it is a fairly invisible piece of the fabric of day-to-day financial life. A few moments in an application process, while an algorithm evaluates one’s fitness for service by scanning their credit history, is the average interaction a U.S. consumer will have with their credit score.

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Your Accounting Expertise Will Only Get You So Far: What Really Matters

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. If you’re aiming for the summit, the air gets thinner—and what got you here won’t be enough to get you to the top (a concept first popularized by Marshall Goldsmith in his book What Got You Here Won’t Get You There ). What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level.

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JPMC CEO: Bank Plans FinTech, Other ‘Very Creative’ Acquisitions

PYMNTS

Billions of dollars in earnings. Billions of dollars in the bank. Time to go shopping? As reported by CNBC , Jamie Dimon, CEO of JPMorgan , said at the company’s investor day Tuesday that “we are looking, and will be much more aggressive with acquisitions.”. And with a nod toward what might be in the crosshairs, Dimon said that acquisitions would be somewhere within financial services and technology, and decidedly not in traditional banking (read: checking and deposits).

Banking 93
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i2c, Sightline Team Up For Cashless Cross-Channel Gaming 

PYMNTS

Digital banking and payments firm i2c is partnering with next-generation commerce firm Sightline Payments to deliver cashless, mobile and omnichannel programs to over 45 gaming resorts, state lotteries, digital gaming and sports betting sites across eight states, i2c announced on Wednesday, Feb. 26. Founded in 2010, Sightline has experienced 744 percent revenue growth since 2015.

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PayPal Eyes ‘Major Opportunity’ Of Aussie SMB Lending

PYMNTS

Payment company PayPal is looking at small business credit as a new field of opportunity. The company is championing a national digital framework in Australia that would speed up the processes used to verify customers. In a submission to a senate inquiry into financial and regulatory technology, PayPal and other fintech companies recognized alternative business finance as a key strategy moving forward, according to the Sydney Morning Herald on Friday (Feb. 21).

Sales 90
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Open Banking FinTech Enfuce Fights Fraud With Featurespace

PYMNTS

U.K. fraud prevention firm Featurespace announced on Wednesday (Feb. 26) that Enfuce — Finland’s largest FinTech startup — is implementing the Featurespace ARIC Risk Hub to protect its clients from cyberattacks. Founded in 2016 by Denise Koskinen and Monika Liikamaa, Enfuce offers payment and open banking services to more than 8 million banks, FinTechs, financial operators, and merchants. .

Banking 90
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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

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Revolution Payments Optimizes Biz Card Fees In NetSuite

PYMNTS

Revolution Payments is streamlining the process of commercial cards and interchange fees with its new NetSuite Level III Credit Card Processing Solution, the company announced on Friday (Feb. 21). . The NetSuite card processing solution simplifies payments and reduces the interchange cost of accepting commercial cards by up to 43 percent. Incorporating credit card processing functions into an accounting solution also makes work-flows operate more efficiently and reduces double entry. .

B2B 89
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Oracle: Overcoming ERP-AP Integration Inertia

PYMNTS

For the accounts payable (AP) and enterprise resource planning (ERP) automation space, it’s no longer business as usual. Firms looking to strengthen their interactions with customers and vendors by adopting comprehensive, automated AP and ERP solutions are increasingly turning to cloud-based products in lieu of on-premises systems. These firms are finding that managing both systems in the cloud offers the flexibility and security needed to streamline invoicing and cut costs, while keeping operat

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Signify US CEO (Formerly Philips Lighting): Lighting Up The Connected Economy’s Innovations

PYMNTS

“What, do you think we own the electric company? Then shut off that light!”. It is an admonishment that we’ve all heard, or at least a variation of at some point in our lives. Maybe one’s father asked this question, but the ending was always the same: a vigorous command to turn off the light that a child (or adult) left on when they left one room to go to another.

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Digital Banking Apps Vs The Establishment

PYMNTS

Dubbed “challenger banks” for shaking up the status quo of banking as we’ve always known it, digital banks with awesome apps are the FinTech alternative to more staid financial institutions whose roots go deep, but may also seem a bit dazed by the pace of tech change to the their sector. A look at the February PYMNTS Provider Ranking of Digital Banking Apps tells the story of who’s in the lead and who is charging up to take a better position in this competitive new arena.

Banking 87
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Doing More With Less: The Modern Finance Miracle

Speaker: Mark Gilham, FCCA, CPP

Finance used to be the function that counted, now it's the one that’s counted on. 📊 For accounting firms, controllers, and finance leaders, expectations are rising faster than headcount. Businesses want agile forecasts, granular analysis, seamless reporting, and smart automation—often without added resources while demanding uncompromised accuracy and compliance.