PYMNTS
OCTOBER 7, 2016
It’s not yet the holidays, but it’s almost Diwali, the Hindu festival of lights, a fitting theme for today’s bitcoin news. Diwali lasts for five days beginning Oct. 20, and bright lights, colorful decorations and fireworks mark the occasion. The Indian people celebrate by lighting diyas and candles around the home, seeking divine blessings from the goddess of wealth and exchanging gifts, such as gold coins.
Planful
OCTOBER 6, 2016
As companies and their leaders learn capitalize on new opportunities for growth in highly competitive markets, the role of the CFO is ever-more charged with preparing the company to meet these new growth challenges. In an Argyle CFO Virtual Event, John O’Rourke of Planful and two CFOs with thriving companies met for a panel discussion on this very topic.
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PYMNTS
OCTOBER 5, 2016
Did you know that physical trainers and fitness instructors only get paid a very small fraction of the cost you pay the gym per hour? After they’ve pushed you to do a hundred burpees or gotten you to achieve that perfect yoga Crow Pose, they may end up with only $20. When your endorphins wear off, you’ll also notice that your wallet could be a $150 per hour lighter.
PYMNTS
OCTOBER 4, 2016
While the emerging world of mobile payments has allowed us to collectively envision a world where payments goes far outside good old fashioned plastic, it is likely the case that very few people ever imagined that they would literally be able to use their face to pay. Or, more accurately, to verify their identity such that a payment can be completed.
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
PYMNTS
OCTOBER 3, 2016
Though for a few years there it really looked like it might simply become retail standard, it seems that starting the Thanksgiving weekend sales crush on Thanksgiving may fizzle out after all. According to reporting over the weekend, an increasing number of big retailers are actually taking the national day of thanksgiving off. So far, the known opt-outs include Home Depot, Nordstrom , Costco, BJ’s, Fred’s Pharmacy, GameStop, Harbor Freight, Lowe’s, Pier 1 Imports, Petco, PetSmart, Sam’s C
Corporate Finance Brief brings together the best content for corporate finance professionals from the widest variety of industry thought leaders.
PYMNTS
OCTOBER 7, 2016
Oberthur Technologies (OT) is partnering with payments service provider Nets to deliver support for mobile payments to Scandinavian banks. The collaboration, announced on Thursday (Oct. 6), is aimed at helping to service banks in the Nordics with a financial platform that supports future international mobile payment methods. Nets and OT will combine their capabilities to offer an end-to-end mobile payment solution, which will include Host Card Emulation (HCE) and tokenization to secure payments
PYMNTS
OCTOBER 6, 2016
Retailers continue to rely on paid search and email marketing channels, but mobile marketing and social media are continuing to increase in popularity as a way for businesses to grow their customer acquisition, according to a new study. The study, entitled “ The State of Retailing Online 2016: Marketing and Merchandising ,” by the National Retail Federation and Forrester, a research and advisory firm for the retail industry, polled 240 companies from June through July.
PYMNTS
OCTOBER 6, 2016
Apple Pay and Masterpass digital wallet technology are making their way to New York, with Governor Andrew M. Cuomo announcing the addition of the two payment methods to MTA eTix, the mobile ticketing app that enables Metro-North Railroad and Long Island Rail Road customers to buy tickets whenever they want. According to a report, starting Thursday (Oct. 6), customers will be able to use both services to buy one-way, round-trip, 10-trip, weekly and monthly passes and CityTickets on MTA eTix.
PYMNTS
OCTOBER 7, 2016
It appears Manchester may be giving London a run for its money as the next great FinTech sector in the U.K. In recent years, Manchester has been a go-to location for people looking to leave London — and it’s not just because of the city’s cheap housing or attractive work/life balance culture. It’s also the region’s thriving tech environment. In this edition of PYMNTS’ Weekly Tech Center Roundup , we head back to England to check out what unique characteristics are driving tech success in Manches
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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
PYMNTS
OCTOBER 5, 2016
Blockchain technology has allowed businesses to eliminate unnecessary, not to mention costly, intermediaries and significantly reduce international cross-border payment processing time from weeks to a day. With these benefits in mind, blockchain has recently captured the attention of several players from around the faster payments space. From a social messaging platform getting a payments enhancement to a major credit card company testing a yet-to-be-released payment system, plenty of faster pay
PYMNTS
OCTOBER 7, 2016
According to research in Q3’s PYMNTS.com OmniReadi Index , wishlists, purchase histories and other similar features are some of the most important ingredients in retailers’ omnicommerce strategies. The index shows that the vast majority of leading merchants offer purchase histories and wishlists, while only a minority of the middle and lower tiers of retailers offer similar features.
PYMNTS
OCTOBER 3, 2016
[link]. The wearable revolution is here. Or not. Depends on your perspective. Not long ago, research firm International Data Corp. said in the worldwide wearable tech device industry will have grown by 38 percent year over year in 2016, with 110 million units in the field by the end of the year. Lest you think that number is impressive, the search firm stated that the wearables uptake should increase to about 237 million by 2020.
PYMNTS
OCTOBER 7, 2016
Look no further than the recent Wells Fargo scandal or even the monumental Brexit decision to see how the regulatory space is heating up. Companies both big and small are looking across their regulatory frameworks to anticipate the impacts of these massive industry events. Stephen Ufford , founder and CEO of Trulioo , said businesses are focused on creating efficiencies in order to have room in their roadmap for the unknown, which also means they are consuming the tools available in the market t
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PYMNTS
OCTOBER 7, 2016
Traditional banks now realize the value in working with FinTech startups, augmenting their own service offerings by integrating the innovations of others. Lending has become one of the largest benefactors of this trend, with alternative lenders once viewed as competitors to the banks now working with them to strengthen financing options for SME borrowers.
PYMNTS
OCTOBER 5, 2016
Each week it seems blockchain just gets another endorsement. This week? Richard Branson. The billionaire and Virgin Group founder said blockchain will create an “ economic revolution ,” especially in developing countries. His reasoning revolves around the issue of proving ownership of certain assets and access to capital. Pointing to economist Hernando de Soto’s work and a partnership with bitcoin and blockchain company Bitfury and the Republic of Georgia’s National Agency of
PYMNTS
OCTOBER 4, 2016
The volume of the global point-of-sale terminal market was more than $43 billion in 2015 and is set to grow to $100 billion by the end of 2023. The retail POS market is expected to grow to more than $30 billion by that time, according to new research from Global Market Insights. According to the research firm, the global industry is expected to register CAGR of more than 18 percent during the timeframe.
PYMNTS
OCTOBER 3, 2016
No one is immune from digital fraud. There’s always a fraudster waiting in the wings to spoil the party. Including professional sports. Ticketing, it turns out, is one of the areas that fraudsters seem to like a lot — fraudsters that want to make a quick buck and ticket brokers (AKA scalpers) who want to make quick and big bucks. In a recent live digital discussion hosted by Karen Webster , ThreatMetrix Chief Marketing Officer Armen Najarian and Chief Products Officer Alisdair Faulkner were joi
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.
PYMNTS
OCTOBER 7, 2016
Capital One has reportedly inked a deal to acquire Paribus, a price tracking service, as the credit card company makes another acquisition in the FinTech space. According to a report , Paribus aids online shoppers in getting automatic refunds when the price drops on items they purchased. While the terms of the deal were not disclosed, the report noted the acquisition includes bringing the team of Paribus and its technology under the Capital One umbrella.
PYMNTS
OCTOBER 3, 2016
Google recently announced a new effort to increase its presence in the enterprise, rebranding its B2B units as Google Cloud and G Suite last week. On Friday (Sept. 30), Accenture announced that it formed an alliance with Google to take advantage of Google’s renewed focus on the space. The professional services company said it will use Google technology to provide industry-specific cloud, mobile and data analytics solutions for its clients that are built on Google infrastructure. “The
PYMNTS
OCTOBER 3, 2016
A China-based blockchain company is celebrating a series of firsts for the distributed ledger space after raising $4.5 million via crowdsale. Used by bitcoin and blockchain companies to attract investment, crowdsale enable firms to issue tokens that represent shares in their firms, a tactic proponents say enables a sort of democratization of share buying and trading.
PYMNTS
OCTOBER 1, 2016
Groundbreaking, innovative, trailblazing — these aren’t the type of adjectives you would think of to describe the typical shopping cart that gets pushed around physical stores. In fact, most of them look pretty similar from store to store. But, then again, you probably haven’t seen what a few enterprising retailers are up to when it comes to giving these awkward, shin-bruising staples of the brick-and-mortar retail world a new, high tech lease on life.
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.
PYMNTS
OCTOBER 5, 2016
South African FinTech Peach Payments announced on Wednesday (Oct. 5) plans to expand its business to Kenya and Nigeria. The three-year-old startup, which facilitates online and mobile payments in emerging markets, confirmed it is processing more than R1-billion in transactions per year. Peach Payments recently launched a new service aimed at helping businesses collect invoices and payments globally, called PaySafe.
PYMNTS
OCTOBER 5, 2016
“One and done?” Or “sure to be more?”. Payments firms want the latter, to move beyond fleeting relationships with customers, and the same is true within the money transfer arena. The process of sending money around the world can be a laborious one, with forms to be filled out and data to be authenticated. The Tuesday (Oct. 4) debut of MoneyGram ’s digital money transfer service, MoneyGram MobilePass, is the the latest news focused on making transactions a bit more seamless, but also
PYMNTS
OCTOBER 6, 2016
Entryless, a cloud-based financial network that allows small and medium-sized businesses to react more quickly to the needs of their buyers and suppliers, announced an integration with accountancy platform Sage Live. This integration will improve companies’ ability to pay bills and complete accounts seamlessly. In a press release, Entryless said businesses using this integration will be able to send bills and purchase invoices in any format to Entryless, which will then be captured in image form
PYMNTS
OCTOBER 5, 2016
The use of prepaid cards has exploded over the last decade or so — in 2003 consumers put less than $1 billion on prepaid cards annually, but by 2012 that figure had grown to $65 billion and by 2018 that figure is projected to reach as much as $121 billion. The user base of prepaid cards has grown significantly as well. The cards are largely associated with the 10 million or so unbanked families in the U.S. as one of their primary tools of financial management — since prepaid cards can be used i
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.
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