PYMNTS

JULY 5, 2020

The nation’s marijuana regulator has told financial institutions to treat the $500 million hemp businesses the same way they would any other businesses. In updated rules from the Financial Crimes Enforcement Network ( FinCEN ), the U.S. Treasury Department’s financial crime division, the agency said the new guidance is in response to questions related to Bank Secrecy Act/Anti-Money Laundering regulatory requirements for hemp-related business customers.

Treasury 140

Treasury Banking Concentration Manufacturing 140

Future CFO

JULY 8, 2020

Global growth is projected at –4.9% in 2020, 1.9 percentage points below the April 2020 World Economic Outlook (WEO) forecast, said IMF recently. . The coronavirus pandemic has had a more negative impact on activity in the first half of 2020 than anticipated while the recovery is projected to be more gradual than previously forecast, the fund pointed out. .

Economics 52

Economics Forecasting Marketing 52

Creative CFP

JULY 6, 2020

So you've been thinking about growing your business and you're full of ideas. But then you start to think about financing that growth and the glow of enthusiasm dulls as the questions form in your mind. How much financing do you need? How do you get it? From where? Financing always seems to come with mountains of paperwork, which doesn’t appeal to many business owners.

Finance 52

Finance CFO Investments Forecasting 52

CFA Institute

JULY 10, 2020

The authors identify the red flags that signal a study’s methodology may produce unreliable results.

Investments 52

Investments Economics 52

Advertiser: Paycor

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PYMNTS

JULY 8, 2020

QR codes have been around for years, although they often seemed like a marginal tech solution in search of a problem. But as is the case with so many things in our brave new world, COVID-19 is giving new purpose to the much-maligned QR code as an elegant enabler of touchless commerce. We mostly have China to thank for figuring it out – specifically, Alipay and rival Tencent.

Transportation 117

Transportation Economics Sales Securities 117

Planful

JULY 10, 2020

When you’re forced into a new situation, it sometimes turns out to be an opportunity for discovery and evolution. The COVID-19 pandemic created just such an unavoidable situation for, well, pretty much everyone and everything. These last few months gave us a moment to reimagine how Planful Academy can become something bigger and better for our loyal customers and devoted users. .

Planning 40

Planning 40

CFA Institute

JULY 5, 2020

These factors drive motivation: Mastery or Excellence/Continuous Improvement, Autonomy, and Purpose.

Investments 52

Investments Communication Leadership Economics 52

PYMNTS

JULY 7, 2020

Merchants’ needs have changed dramatically due to the pandemic. Digitizing operations tops the list of merchant imperatives, but getting there can be a struggle — especially when it comes to digitizing the checkout experience for a post-pandemic age. To that end, as Visa Acquiring Partner Relationships Vice President Josh Park told PYMNTS, finding the right tech providers and partnerships can be critical.

Invoicing 113

Invoicing Education eCommerce Accounting 113

Future CFO

JULY 5, 2020

Discussions around automating finance with new tech often lead to the same question: will I lose my job? xSuite Group's Nils Stuhr dispels this concern with field experience. Accessing FutureCFO Premium Content. Welcome! To access Premium content and more, please login below. Not a Premium member yet? Register now for a free account! Username or Email.

Accounts Payable 52

Accounts Payable Accounting Finance 52

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.

Planning

Planful

JULY 9, 2020

Planning and decision-making expert Howard Dresner, Chief Research Officer at Dresner Advisory Services recently released its “ 2020 Wisdom of Crowds Enterprise Performance Management Market Study ” report. Now in its 11th year, the report profiles enterprise performance management (EPM) market trends based on customer survey data and ranks vendors against 33 different survey criteria to provide an overall ranking that are categorized as Customer Experience and Vendor Credibility.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Planning Cash Flow Forecasting Budgeting 40

CFA Institute

JULY 6, 2020

What impact does cost have on public pension fund performance?

Performance Measuring 52

Performance Measuring Economics Investments 52

PYMNTS

JULY 8, 2020

Mastercard is harnessing artificial intelligence (AI) in a bid to hit fraudsters hard by searching for emerging patterns of criminal activity before they become major problems, two top executives told Karen Webster during Mastercard’s Virtual Cyber & Risk Summit. “In many cases, AI is fundamental to scaling and keeping up with the pace of the network transactions that are happening,” said Sudhir Jha , a Mastercard senior vice president and head of Brighterion , an AI company that Masterca

Credit Risk 109

Credit Risk Risk Management Economics Securities 109

Future CFO

JULY 9, 2020

Moody's Investors Service said recently that its Asian Liquidity Stress Indicator (ALSI) decreased to 39.7% in June from 40.7% in May, primarily reflecting improved liquidity at a Chinese property company and a slight change in the number of high-yield companies assessed. The ALSI measures the percentage of high-yield companies with Moody's weakest speculative-grade liquidity score of SGL-4 as a proportion of high-yield corporate family ratings, said Moody’s , adding that the indicator increases

Economics 40

Economics Numbers Marketing 40

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

Finance

PYMNTS

JULY 10, 2020

Open banking comes in several flavors, yet its rise requires robust Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures, Zac Cohen , chief operating officer at identity verification firm Trulioo told Karen Webster in a recent interview. As financial institutions (FIs) work with FinTechs, they need to know that these tech-nimble startups are not only enabling access to customers’ account data but also in a manner that embraces KYC and AML.

Banking 108

Banking Securities Leverage Accounting 108

PYMNTS

JULY 10, 2020

More than a few notable companies have started in a Silicon Valley garage. Maurice Brewster , CEO of Mosaic Global Transportation , said he believes he’s one of them. He has grown from a small group of vintage cars in the San Francisco area to a global, tech-savvy transportation network in four countries with 1,500 cars. And like the garage-born Apples, Googles and Hewlett-Packards of the world, he has become skilled at shifting his business when necessary.

Transportation 107

Transportation Finance Marketing 107

PYMNTS

JULY 5, 2020

Google and Temasek Holdings Private Ltd. , an investment company owned by the Singapore government, are in talks to invest as much as $1 billion for Tokopedia , sources told Bloomberg News. The Indonesian eCommerce retailer backed by SoftBank Group Corp. ’s Vision Fund has also met with Facebook Inc. , Microsoft Corp. and Amazon.com Inc. , the sources said.

eCommerce 105

eCommerce Investments Startups Retail 105

PYMNTS

JULY 9, 2020

Banks have been facing a concerning rise in account takeover (ATO) attacks targeting their customers, with financial institutions (FIs) losses due to such schemes rising 72 percent from 2018 to 2019. Fraudsters have only upped their efforts during the pandemic, with phishing attacks alone increasing 667 percent between late February and late March. The July FI Fraud Decisioning Playbook examines how FIs are working to better detect and defend against ATOs.

Education 104

Education Accounting Securities Banking 104

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Reconciliations

PYMNTS

JULY 6, 2020

If your business touches retail in any way, it might pay to follow a few important breadcrumbs. Nike posted its lowest quarterly sales in two years, along with a $790 million quarterly loss, when it reported its Q1 2020 earnings in late June. A key driver of the results was a 50 percent reduction in wholesale shipments and canceled orders from physical stores that had closed.

Retail 103

Retail Sales Math Healthcare 103

PYMNTS

JULY 5, 2020

Currencycloud , which works in global B2B cross-border payments, will be working with enterprise blockchain solution Ripple on new solutions for fast global payments, a press release says. Ripple, with its worldwide RippleNet network, will be an opportune way for Currencycloud to reach more financial institutions. The press release says Currencycloud recognizes the need for fast, secure payments during the global crisis.

B2B 103

B2B Banking Securities Accounting 103

PYMNTS

JULY 7, 2020

Wall Street has famously been called “both voting machine and weighing machine.”. Of course, voting is a bit of popularity contest, and as retail investors (and some institutional ones) crowd into a stock, they can quickly bid its price up — as is happening these days with payments processor Square. Square’s shares have doubled since May, according to Bloomberg , and at $55 billion, the company’s market capitalization is eclipsing that of many traditional banks.

Startups 100

Startups Accounting Retail Marketing 100

PYMNTS

JULY 7, 2020

Build, buy or partner? For more community banks, the latter strategy can fast-track digitization initiatives. This week’s look at the latest bank-FinTech tie-ups shows Banking-as-a-Service and other FinTech players embracing smaller regional and community banks to elevate small- to medium-sized business (SMBs) and corporate banking offerings. Finastra Chosen by Community FI.

Banking 96

Banking Accounts Payable Treasury Finance 96

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Accounting

PYMNTS

JULY 5, 2020

Bank of New York (BNY) Mellon has announced a new partnership with risk and payments solution provider Early Warning Services , aiming to boost digital B2B payments services for clients. The offering will include flexibility, according to a press release , allowing clients to either choose BNY Melon’s services or one of the company’s Private Label Bank relationships.

Vendor Management 96

Vendor Management Treasury B2B Compliance 96

PYMNTS

JULY 7, 2020

It’s hard to find a retail fashion category that’s reliably successful these days. Brick-and-mortar discounters like T.J. Maxx are thriving despite social distancing rules, which is not the most stable success platform. Fast fashion already claimed a victim this week as Lucky Brand filed for bankruptcy, and H&M announced it was shuttering 170 stores across the globe due to the pandemic-driven digital shift.

Startups 95

Startups Budgeting Retail Education 95

PYMNTS

JULY 6, 2020

Anyone who has ever driven North on Route 1 from Boston, Massachusetts, has seen Kowloon Restaurant. It’s hard to miss. The iconic Chinese restaurant and cocktail lounge is a huge angular structure with pagoda-style roofs and a totem pole visible from the highway. Over the past 50 years, the Wong family has been the owners and operators, constantly adding themed dining rooms and even a comedy club.

Forecasting 92

Forecasting Planning Sales 92

PYMNTS

JULY 9, 2020

Accrualify , which works in cloud-based solutions for mid- and enterprise-level companies, is launching a new corporate card in partnership with Visa , according to a press release. The intent of the card is to boost options for spend control for corporate finance teams. The card will allow companies to set spending limits, category and merchant restrictions and use frequency.

Corporate Finance 91

Corporate Finance Leadership B2B Invoicing 91

Advertiser: Paycor

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