Sat.Nov 28, 2020 - Fri.Dec 04, 2020

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NEW DATA: Black Friday 2020: COVID-19 Steepens Physical Retail’s Long Slide

PYMNTS

The divide between digital and brick-and-mortar commerce hit a tipping point this holiday season, with more consumers than ever going online to kick off their holiday shopping sprees. Three out of every four consumers who shopped for their holiday purchases on Black Friday this year made at least one of those purchases online, and three in 10 exclusively shopped online.

eCommerce 128
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Time to Act: Key Considerations When Leaving the Legacy Behind

Jedox Finance

While well-known legacy planning solutions provided great planning tools once upon a time, several of them are near or have reached their end-of-life. This means no more support and no more bug fixes. Assessing the market to select a suitable replacement that will fully support your organization’s transition to a modern xP&A strategy can be a daunting task.

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Trending Sources

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Radical Uncertainty in Finance: Towards a Culture of Surprise

CFA Institute

We need a new approach to risk and uncertainty.

Finance 54
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Webinar: Keeping Your Information Secure for UK Local Authorities

CS Lucas

Webinar Outline It’s vital that you make sure that you keep your company data protected. At CS Lucas, we understand that a security breach is a costly disaster that can compromise operations and damage your constituents trust. We’ve developed a talk so that you can focus on evaluating treasury applications to avoid the risk of breaches in UK local government departments.

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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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Stripe Capital Extends Business Lending To Online Platforms

PYMNTS

Payments giant Stripe is taking Stripe Capital , its push into online business finance and lending, to the next level. Stripe Capital first got off the ground in September 2019, offering customers and businesses financing options through its online platform. On Tuesday (Dec. 1), Stripe went live with the next phase in its business lending campaign, which enables online platforms to offer financing to their business customers through Stripe Capital.

Finance 120

More Trending

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Score Based Business Line of Credit with Soft Pull and No PG

Business Credit Blogger

Score Based Business Line of Credit I’m excited about today’s blog post because we are going to show you how to get an unsecured business line of credit with a soft pull and no personal guarantee. This is an actual line of credit that you can acquire that not only builds your business credit but […]. The post Score Based Business Line of Credit with Soft Pull and No PG appeared first on Business Credit.

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Uninsured Patients: How You Can Offer them More Options

Adam Kae

There are 952 health insurance companies in the United States. Yet, 17.3% of the non-elderly US population is uninsured. Why? 1. They can't afford to purchase insurance. 2. There are more insurance companies. This means more physician offices must negotiate/implement contracts. Depending on the scarcity of healthcare in your area, your specialty might not be in their network. 3.

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Libra Launch Signals Sparks Between Big Tech, Central Banks On Digital Currencies

PYMNTS

With apologies to T.S. Eliot: This is the way Libra launches — not with a bang, but a whimper. It’s been more than a year in the making — with no shortage of caution and criticism by lawmakers and regulators here in the states and in Europe — but Libra, the digital currency backed by Facebook and a revolving cast of other tech firms, could debut as early as next month.

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Jedox 2020.4: Better Data – Better Forecasts with Smart Data Preparation and Scenarios in Jedox AIssisted™ Planning

Jedox Finance

AIssisted Planning: The new Data Preparation Wizard, released with Jedox version 2020.4, ensures that data sets are more complete and consistent for more accurate predictions. Read more in this release blog.

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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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Assessing Mutual Fund Company Performance

CFA Institute

Market share change is the indicator to watch when it comes to mutual fund company business performance.

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The Sharing Economy come home: The IPO of Airbnb!

Musings on Markets

On Monday, November 16, Airbnb filed it’s preliminary prospectus with the SEC, starting the clock on its long awaited initial public offering. On the same day, rising COVID cases caused more shut downs and restrictions around the world, creating a clear disconnect. Why would a company that derives its value from short term rentals by people who travel want to go public, when a out-of-control virus is causing its business to shut down?

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PayPal’s Bitcoin Backing Proves Crypto Is Ready For Prime Time (And Grandma)

PYMNTS

When PayPal announced recently that its 350 million users can deposit bitcoin and other cryptocurrencies in their accounts and spend it at 26 million merchants next year, it was characterized as the inevitable advance of digital currency. Daniel Gouldman , CEO of crypto-banking platform operator Ternio , told Karen Webster that PayPal’s endorsement is a major step in crypto’s quest to go mainstream.

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Be on top of planning in financial times

Future CFO

In this post, we take a closer look at the recently published BARC study “ Sound Decisions in Dynamic Times.” What findings and insights can be derived for organizations and is it worthwhile to read it for yourself? Let’s find out: Is your organization agile and resilient? In the current times of crisis, these buzzwords common in FP&A and planning turn out to be very important characteristics for companies and it becomes clear how well positioned they actually are.

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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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Responsible Innovation in Distribution: Three Channels for Asset Managers

CFA Institute

Will data-facilitated "nudges" be used to benefit the client or the asset manager?

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Fall20 Gives You More of What You Need Most

Planful

Over the past year, Planful has released an incredible number of enhancements to our existing products and new features and capabilities across our entire suite of solutions. But 2020 is not yet over, and we’re excited to announce our Fall20 product updates. But first, a little recap. . Winter20 launched our elegant new user interface and continued our innovations in Continuous Planning.

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Hack Of C-Suite Email Addresses Portends Surge In BEC Fraud

PYMNTS

A hacker is reportedly selling information from hundreds of C-suite executives' Microsoft -based email accounts, according to a report from Engadget. The targets spanned CEOs, vice presidents and directors, and included "the chief of a mid-sized American software company, the president of a U.S. apparel maker and the CFO of a European retail chain," according to Engadget.

CFO 116
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SWIFT activates instant 24/7 cross-border payments

Future CFO

SWIFT has activated the world’s first live gpi instant connection, a new service that enables consumers and businesses to send cross-border payments in seconds, around the clock via their financial institutions, the organisation said recently. While Lloyds Banking Group is the first to go live with the service and the UK is the first market where it is available, SWIFT said it expects adoption to continue globally as demand for an instant cross-border experience rises.

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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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JPMorgan Forecasts Record Online Holiday Shopping Season

PYMNTS

J.P. Morgan Chase said that brisk Black Friday and Cyber Monday sales are likely indicators of a record-breaking eCommerce holiday shopping season. J.P. Morgan Merchant Services’ combined in-store and eCommerce payments were up 15 percent over last year’s Black Friday weekend, “a sign that the pandemic did little to curtail spending as the holiday shopping season began,” Doug Smith, executive director of J.P.

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FedEx Makes Major Foray Into eCommerce By Buying ShopRunner

PYMNTS

FedEx took a big step on Wednesday (Dec. 2) toward beefing up its eCommerce capabilities, announcing a deal to acquire eCommerce platform ShopRunner for an undisclosed sum. “We are committed to growing the ShopRunner platform and combining it with our global digital and logistics intelligence to create new possibilities in eCommerce,” FedEx President and COO Raj Subramaniam said in a press release announcing the deal.

eCommerce 114
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Study: New COVID Restrictions Could Permanently Close A Third Of US Restaurants

PYMNTS

Some U.S. chefs and industry advocates fear new rules to stem the spread of COVID-19 could be the final straw, the Financial Times (FT) reported. Some of the country's highest-profile chefs said they expect to see a wave of failures, according to FT. "It's becoming very stressful," Chef Daniel Boulud of Manhattan's Daniel restaurant said, FT reported.

Sales 112
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Despite Cannabis Win, Legality Still Unlikely For Now

PYMNTS

While cannabis scored a big win Friday (Dec. 4) with the U.S. House of Representatives passing a bill to legalize it, legal weed still isn't likely to happen that soon, according to a CNN report. The Marijuana Opportunity Reinvestment and Expungement Act of 2019 (known as the MORE Act) would effectively legalize cannabis by removing it from the Controlled Substances Act and create a shared federal and state control of cannabis programs, CNN writes.

Banking 110
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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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It’s Official: Salesforce Plans To Buy Slack For $27.7 Billion

PYMNTS

Salesforce has inked a definitive agreement to buy Slack Technologies for an enterprise value of roughly $27.7 billion based on the Monday (Nov. 30) closing price of Salesforce’s common stock, according to a Tuesday (Dec. 1) announcement. “[Slack CEO and Co-Founder Stewart Butterfield ] and his team have built one of the most beloved platforms in enterprise software history, with an incredible ecosystem around it,” Salesforce Chair and CEO Marc Benioff said in the announcement.

Planning 108
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Why The Future Of Corporate Banking Is All About Connectivity

PYMNTS

For all of the innovation that's occurred in the banking landscape, it's often consumers – not corporates – that benefit from the latest technologies. While FinTech innovators continue to drive competition with a focus on product functionality and an optimal end user experience, businesses are often forced to use outdated tools, according to Frank Dux , managing director of CoCoNet.

Banking 105
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Mitek CEO: Digital Identity Must Accelerate During Pandemic

PYMNTS

Since the earliest days of human existence, the concept of trust has presented unique interpersonal challenges that are as trying in the digitized world of the 21st century as they were for ancient civilizations. According to Mitek Systems CEO Max Carnecchia , 100 years of steady, evolutionary progress on the trust front has been rocked by the global pandemic.

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SWIFT gpi Instant Goes Live In The UK

PYMNTS

Belgium-headquartered payments solution provider SWIFT is introducing a new service for real-time cross-border payments and transfers called gpi Instant. “This is an important milestone in our strategic ambition to help banks meet growing global demand for instant and frictionless cross-border payments,” David Watson , chief strategy officer at SWIFT, said in a statement on Wednesday (Dec. 2). .

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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.