Sat.Jun 10, 2017 - Fri.Jun 16, 2017

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NEW REPORT: Can Western Union Leverage Its Heritage To Build A Better X-Border API?

PYMNTS

There was a time when the telegraph was as important to keeping people connected as the smartphone is today. And while the telegraph’s heyday may well be over, the network it once rested upon can still be put to good use, especially with an assist from API solutions. As more merchants and smaller businesses seek to engage in global commerce, several companies are stepping up their efforts to help merchants address the complexities presented by international trade.

Leverage 108
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Kerry Logistics Wins Best Liquidity Management Award Using Reval

Reval

Leading Hong Kong Logistics Provider Wins Corporate Treasurer Award 2016. Hong Kong – 14 June 2017 – Kerry Logistics, a leading logistics provider based in Hong Kong, was awarded Best Liquidity Management Strategy for 2016, using Reval, the leading global software-as-a-service solution for treasury and risk management. The award from Corporate Treasurer magazine , commends Kerry’s application of technology to support its intercompany netting activities.

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The Evolution of the FP&A Function [Webinar Recap]

Planful

Organizations are increasingly relying on this team to provide the business with the information needed to remain agile – and to react quickly to changes in the business environment. So what does the day-to-day role of FP&A look like in today’s landscape, and how has it evolved? How can the executive team best support and invest in the FP&A function?

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Potcoin Value Soars Thanks To Dennis Rodman’s Trip To North Korea

PYMNTS

Potcoin , the digital cryptocurrency similar to bitcoin but aimed at the legal marijuana market, got much-needed publicity by sponsoring Dennis Rodman’s trip to North Korea. According to a report in Business Insider , the value of Potcoin jumped nearly 97 percent, to more than $0.18, in trading on Tuesday after Rodman was photographed wearing a Potcoin T-shirt when he arrived in the country.

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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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Amazon Opens Up Video Skill API So Alexa Can Control Any TV

PYMNTS

Could Alexa’s latest API skill stem losses to streaming services for pay TV providers and the telco industry? Some providers seem to think so, with Dish, NetGem and YouView already on board. The skill? Amazon announced June 8 that its virtual assistant has learned to control more than just the company’s own Fire TV stick: Now, for developers that opt to use the Video Skill API, any cable or satellite TV company, streaming service or content provider can add Alexa voice control to its app.

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How Visa Thinks About B2B Payments Innovation

PYMNTS

There’s no disputing that the pace of innovation in consumer payments over the last several years has been quick and its reach broad. There’s been an abundance of innovation in where consumers shop, what they use to pay when they buy and the devices they use to enable those payments. Along with an appetite for both consumers and merchants to embrace these new ways to pay in an effort to drive more commerce opportunities and improve the merchant and customer experience.

B2B 64
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Truths And Myths In The Gig Economy

PYMNTS

Is the gig economy only for millennials? Is the flexibility offered by online marketplaces, matching skills to needs, the playground of large companies alone? Consider a recent article in The New Yorker that focused on the range of person-to-person transactions in gig work — everything from hanging pictures to renting out rooms to strategizing marketing campaigns.

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Analysts Press For Corporate Payers, Banks And FinTechs To Collaborate

PYMNTS

Strategic Treasurer and Bottomline Technologies recently published a joint report on the B2B payments landscape: B2B payments + WCM Strategies. Their 2017 survey contains data points that all point to one conclusion: Companies are forced to reshape their payment strategies thanks to a combination of factors, including the rising threat of payments fraud, increased globalization and high payment volumes.

Banking 60
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Turkey Is Most Difficult Market for Regulatory Compliance

PYMNTS

Tax and accounting compliance can be an overwhelmingly monumental task as companies expand their geographic footprint. Analysts agree that a company should work with partners, advisors and technologies that can help them manage their compliance demand across borders. Not only do regulations vary from jurisdiction to jurisdiction, but the consequences of non-compliance vary greatly, too.

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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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APEX Analytix Taps Into AI For Supply Chain Optimization

PYMNTS

Supply chain management company APEX Analytix is adding artificial intelligence (AI) into its mix of offerings to help companies optimize their global supply chains and the money that flows through it. The company announced today (Thursday, June 15) that it is rolling out a new solution, APEX Archimedes, which taps into IBM Watson and uses artificial intelligence, machine learning, robotic process automation and natural language processing for greater efficiency in analytics, controls and workin

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Data Enabler Zooz Leverages Data To Drive Revenue

PYMNTS

When 90 percent of Chinese customers are abandoning online purchases at the payment phase, that should tell merchants something. But to learn from the data, first they need to see it. Zooz gives them a window into the data so that merchants can apply the facts to improve business results. “Payments generate considerable amounts of data about the customer journey and transaction results, but merchants generally lack the tools to access and analyze this data,” said Zooz CEO Oren Levy.

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NEW REPORT: Chatbot Enters The Omnichannel Game As Personal Stylist

PYMNTS

Everyone could use a little styling help from time to time, but would you more likely ask a bedazzling chatbot than a human personal stylist or a fashionable friend? When you cut subjectivity out of the mix, a bot’s smart recommendations may just be the thing to help consumers shop better and enable retailers to get a grip on the future of fashion (and conversions).

Retail 52
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Blockchain Tracker: Is Retail Ready For Implementation Yet?

PYMNTS

Blockchain technology may be used widely in the financial services industry, but that doesn’t necessarily mean it will see a smooth transition into the retail sector. It certainly provides transparency among all parties, but the rapid speed with which eCommerce has accelerated processing payments may be an impeding factor to implementing blockchain technology in the retail space.

Retail 52
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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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Higher Interest Rates By Fed Mean Credit Card Loans Become Tougher

PYMNTS

So the Federal Reserve hiked interest rates, as had been expected by most on the Street and beyond, and the question as the 25-basis point boost becomes viewed through a rearview mirror: What might it all mean? First things first: The new rate range is 1 percent to 1.25, which is not high by any historical standard, and borrowing costs for loans are still low.

Math 51
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Weird Commerce: Brooklyn’s Beer ATM

PYMNTS

Instant gratification. Instant demands. Instant information at the tip of the finger. New payments and vending technology is developed every day with the ultimate goal of making some part of either consumers’ or businesses’ everyday processes better. From cell phones to televisions, cars, and beyond, nearly every aspect of today’s society is connected or made easier in some fashion or another.

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Fiserv Will Acquire Monitise For £70M

PYMNTS

After two years of difficulty navigating a rapidly evolving mobile banking environment — long-struggling U.K. financial services firm Monitise has at last found a buyer. Fiserv has offered to buy out the 400-hundred person firm at a price of 2.9 pence per share, valuing the company at £70 million ($88 million). Monitise has never reported a profit in its 13 years on the market — though it did report annual revenues of £67.6 million for the financial year ending 30 June 2016.

Banking 49
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Emirates Islamic Applying QR Codes, Blockchain Tech To Paper Checks

PYMNTS

Emirates Islamic is reportedly planning on using a combination of QR codes and blockchain technology to enhance protection from fraud of paper checks. According to a report , Emirates Islamic plans to issue new check books, dubbed Cheque Chain, that include a unique QR code on each page as well as a string of 20 characters that are random. The report noted the move comes after a pilot by parent company Emirates NBD in which employees of the bank used the checks with the QR codes.

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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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New Venture Capital Round For Interior Design Site Houzz Will Put Its Value At About $4 Billion

PYMNTS

Houzz , the popular photo site used by homeowners to plan renovations, is finalizing a new funding venture capital round of $400 million that will value the home décor and interior design startup at about $4 billion. According to Recode , the new venture capital investment is being led by Iconiq Capital, the investment firm that has managed money for the Silicon Valley uber-wealthy, including Mark Zuckerberg and Sheryl Sandberg.

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The Modern Cure For The Summertime Blues 

PYMNTS

In 1966 Eddie Corcoran sang, “There ain’t no cure for the summertime blues,” which is a rather dark pronouncement of an otherwise pretty cheerful time of year. Long days, pool parties and outdoor BBQs seem to us to be more than adequate cures for whatever ails anyone in the summer, even for Mr. Corcoran, who (according to the lyrics of the song) had a pretty terrible but unspecified summer job.

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Bancor Raises $147M In Coin Offering

PYMNTS

The Bancor token was able to raise around $147 million earlier this week via an initial coin offering, reported Reuters. According to the report, it’s the second biggest venture capital fundraising by a player in the blockchain industry. Bancor provides technology for the creation of smart tokens that can hold one or more tokens or digital currencies to allow any party to purchase or liquidate them via a smart contract.

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The Buyers: Studying Chinese Consumers’ Online Interactions

PYMNTS

There’s no doubt that digital affects people’s everyday lives around the world. A byproduct of incorporating connectivity into just about any activity is how social media affects regular interactions. It can be difficult to discuss the digital effects without looping in social media. When it comes to the ramifications for the retail industry, a Deloitte study found that 56 cents of every dollar spent in retail stores today is influenced by digital interactions.

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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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Diebold and Samsung To Show Off ATM Withdrawals Via Facial Recognition

PYMNTS

Diebold Nixdorf , the connected commerce technology company and Samsung SDS America announced they are teaming up to show how integrating advanced mobile technology — such as facial recognition — and the self-service channel can result in enhanced security and an improved consumer experience. In a press release the companies said they will jointly demonstrate the mobile-based biometric authentication approach at this year’s Digital Banking conference in Austin, Texas from June 12 to 14.

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Meal Kit Startup Gobble Hires From Starbucks, Blue Apron

PYMNTS

Gobble , the Palo Alto–based meal kit startup service whose recipes can be prepared in 15 minutes with just a frying pan, a spatula and some olive oil, is shoring up its leadership team before expanding nationwide. The meal kit startup, an alternative to visits to grocery stores, has hired Steve Robinson, former head of global logistics and supply chain at Starbucks, and Brian McEvoy, former assistant general manager at meal kit competitor Blue Apron, to lead its scalability efforts.

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Amazon Officially Owns Patent On Making In-Store Price Checking Difficult (And On Irony)

PYMNTS

It looks like Amazon now has a patent on technology that will make it more difficult for shoppers to check prices online when they are in Amazon locations. The patent on irony is still pending. The tech — going under the sunny and upbeat-sounding moniker “physical store online shopping control” — intercepts certain websites, search terms and web activity that take place on its in-store Wi-Fi.

Retail 46
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Momentum Machines Gets $18M In Venture Funding For San Francisco Restaurant Run By Its Burger Bot

PYMNTS

If fast food workers win the fight for a $15 minimum wage, it’s not going to be much of a win, since restaurants can just replace them with robots. Momentum Machines introduced its fully autonomous burger bot in 2012, and now, with news of an $18 million venture capital funding round , it’s one step closer to opening its flagship San Francisco restaurant based around the prototype, which has been in the works since June of last year.

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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.