Sat.Sep 26, 2020 - Fri.Oct 02, 2020

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‘What Did You Change?’ 34 Payments Execs Weigh In On Payments, The Pandemic And New Possibilities

PYMNTS

The end of the third quarter of 2020 offers a moment to look back — and ahead — as a year unlike any other is (a bit more) than three quarters finished. It may be hard to remember, but when 2020 dawned, unemployment was near historic lows, at about 3.6 percent. GDP was growing at a healthy clip, and most companies — large and small — saw the trends of top-line and bottom-line growth as set. to continue.

Numbers 141
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Will Finance Become 100% Digitalized?

Jedox Finance

We have been talking about a digital transformation in Finance for ages. Some have come far on the journey while others are still struggling. Having just gone through a severe crisis that saw everyone working remotely and using digital tools makes this transformation more relevant than ever. . Right now, we are looking at two almost extreme cases: On one hand, we are at a stage where the transformation can be completed because of all the tools are available.

Finance 141
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Trending Sources

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Private Equity vs. Venture Capital: Opposite Investment Mindsets

CFA Institute

PE and VC performance-enhancing techniques are not just different, they are precise opposites.

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Anaplan Named the 2020 Gartner Peer Insights Customers’ Choice for Sales Performance Management

Anaplan

The Anaplan team is thrilled to announce that we have been recognized as the one and only vendor in the 2020 Gartner Peer Insights Customers’ Choice for Sales Performance Management (SPM). View the Anaplan for Sales page on Gartner Peer Insights. As noted in the report, over the past 12 months, Anaplan received over 50 […].

Sales 72
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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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Amazon One Lets Consumers Pay With Their Hand

PYMNTS

“Talk to the hand” will take on new meaning starting Tuesday (Sept. 29). CNN reports Amazon has introduced the latest touchless way to pay at checkout. Dubbed Amazon One, the method allows users to pay with the palm of their hand at some of its stores. The giant eCommerce website can now connect a stored credit card with a palm print. Here’s how it works: place the palm of your hand above a sensor and purchase products at checkout-free Amazon Go stores.

Retail 139

More Trending

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Radical Uncertainty in Finance: The Origins of Probability Theory

CFA Institute

How did modern society succumb to the illusion that uncertainty can be transformed into calculable risks?

Finance 72
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Cash Flow: Your Practice's Circulatory System

Adam Kae

Think of cash flow as the circulatory system of your practice. When everything is flowing smoothly , our bodies are functioning well. When one area gets blocked, it needs immediate attention. Run a statement of cash flow report regularly to ensure your cash is flowing smoothly throughout your practice. According to Instamed, 30% of the patients pay the "average healthcare bill" directly.

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Banks Push Back On Possible Banking Charters For Big Techs Like Amazon And Facebook

PYMNTS

A U.S. House committee this week began reviewing the idea of allowing the likes of Amazon or Facebook to receive charters to operate as banks — an idea that’s already gotten plenty of pushback from traditional financial institutions (FIs). The House committee held a hearing on the idea after Acting Comptroller of the Currency Brian Brooks in July proposed a new special purpose national banking charter for payments companies.

Banking 139
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SAP’s ANZ CFO: Why empowering people beyond your team matters

Future CFO

Editor’s Note: For our Female Leadership in Finance Series , FutureCFO editor Teresa Leung recently had a chat with Gina McNamara (pictured), Chief Financial Officer, SAP Australia and New Zealand (ANZ). The CFO, according to her, is much more than a number person and needs to take care of oneself and empower people beyond the finance team. An advocate for looking after yourself, McNamara shared with our audiences her career journey and advice on how female finance professionals could reach the

CFO 52
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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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Human–Machine Collaboration and Model-Aware Investing

CFA Institute

How can we leverage the fact that machine learning, alternative data, and AI are not only widespread, but increasing in influence?

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3 Tips to Help Leaders Take Care of Their People

Planful

We’re all looking forward to a brighter 2021, but we still have a few months to go before we’re there. For many, the combination of work, social, family, and political stressors can make these days feel heavy. . For most leaders, a big question on our minds is “how on earth do we keep this ship moving forward?” – particularly now that “Pandemic Panic” has shifted to “Pandemic Burnout.

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In The Subscription Economy, Retention Is The New Growth

PYMNTS

You likely remember the days when you got your Sunday paper in printed form, before clicking links on your devices, before getting content in your email inbox thrice daily. Back then, you paid the subscription price and got a 12-inch stack of paper, replete with sections you never really read that closely. But you paid for the “bundle” anyway, because there was no other way to read the sections you really wanted to read.

Numbers 136
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IBM Planning Analytics gets top marks in Planning Survey 20

Future CFO

BARC is a leading European consulting firm specializing in business software. The Planning Survey 20 is based on findings from the world’s largest and most comprehensive survey of planning software users, conducted from November 2019 to February 2020. BARC employs a deep list of criteria that reflects the key features users consider when choosing planning software, including performance satisfaction, data handling, number of users and requirements.

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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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Paytm President: Going From Mobile Payments To India’s Connected Commerce Ecosystem

PYMNTS

As India approaches the fourth anniversary of 2016’s demonetization, the landscape that has defined the country and economy is undergoing a radical shift. India has heretofore been a cash-based economy, where even consumers shopping online often paid in physical currency via cash on delivery (COD). But several years of a regulatory push have combined with the increasing presence of India’s Unified Payments Interface (UPI) and six months of COVID-19 to markedly reduce Indian consumers’ fondness f

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The Three Things Every Digital-Card App Needs

PYMNTS

The wave of digitization that has picked up incredible speed in banking over the past half year isn’t strictly a new trend, Randy Piatt , head of product solutions for Ondot Systems , told PYMNTS. Long before the pandemic, consumers were trending toward digital in their financial services relationships — experimenting with mobile wallets, digital cards, self-service mobile banking and digital gifting.

Banking 133
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Using 5G To Build Tomorrow’s Smart Cities, Today

PYMNTS

Smart cities powered by 5G networks have long been forecast as coming soon to major metros all over the world. But actual progress has been limited by various regulatory and technological headwinds that have kept the connected smart city more a vision of the future than a concrete reality of the present. However, CEO Ian Aaron of Ubicquia , a smart cell and smart grid technologies company, told PYMNTS that the past half year has changed the outlook for smart cities.

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B2B Payments Drive Instant Payments, Crypto Innovation

PYMNTS

New payment rails are once again in the spotlight as real-time payments and cryptocurrency emerge as the top focuses for innovators. In this week’s look at payment rails innovation, the European Union begins paving the way for greater crypto adoption, while Mastercard expands its own crypto accelerator initiative. Separately, research finds B2B payments as the key driver behind surging instant payments volume in the years ahead.

B2B 129
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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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Companies See Work From Home As A Security Threat

PYMNTS

Once rare, telecommuting has become routine during the pandemic. But the Financial Times (FT) reported moving from a furnished office space to a living room table can present cybersecurity risks. It comes as cybercriminals are already taking advantage of the pandemic. Hackers find ways into computers, tablets and cellphones to steal data and other valuable information.

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Report: Not One PPP Loan Has Been Forgiven

PYMNTS

More than 5 million small- to medium-sized businesses ( SMBs ) received $525 billion from the Paycheck Protection Program (PPP), the popular federal rescue initiative passed by Congress in March. But the Small Business Administration (SBA) program that promised loan forgiveness as long as SMBs used 60 percent toward payroll and 40 percent to other allowable expenses, has yet to forgive a single loan, Politico reported.

Treasury 127
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Disbursements By Voice Are Growing In Popularity – And Other Instant Disbursements Trends

PYMNTS

Consumers and microbusinesses now get an average of two disbursements each year, excluding tax disbursements from local, state and federal governments. Yet, many of those disbursements are neither digital nor instant and available for consumers and microbusinesses to access and spend on demand, PYMNTS’ latest Disbursements Satisfactory Report found.

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Distressed US Commercial Real Estate Lost 27 Pct Of Value, Wells Fargo Data Shows

PYMNTS

Commercial properties in the U.S. may have lost as much as 25 percent of their value as the impact of the coronavirus has taken its toll on hotels, malls and other commercial buildings. The Financial Times (FT) reported the evidence of the losses can be seen in the commercial mortgage-backed securities (CMBS) market from appraisals. As a result, it raises questions over the value of these properties as collateral backing commercial mortgages.

Banking 121
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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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NEW DATA: Pandemic Pushes 70 Pct Of Businesses To Automate Accounts Receivables

PYMNTS

The pain points that accounts receivable (AR) teams most commonly experience can be boiled down to three underlying and related problems: continued reliance on manual AR management practices, and the resulting lack of speed and high operating costs associated with managing receivables. Reliance on manual processes has far-reaching effects. These legacy methods often reduce the speeds at which firms deliver invoices and follow up on overdue payments, as they are less efficient for prioritizing co

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Target Pilots Buy Now Pay Later With Sezzle

PYMNTS

Sezzle , the installments payments platform, will be working on buy now, pay later (BNPL) services with Target , a press release says, which will test how the popular payment trend works with the retail giant's operations. The collaboration will involve “limited tests with a small portion of Target.com guests in two product categories to evaluate the efficacy of the Sezzle platform for Target’s retail operations.”.

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Stripe Heads Up $12M Funding Round For Payments Processor Startup PayMongo

PYMNTS

Filipino online payments platform PayMongo has come off a funding round with $12 million, according to a press release. Stripe led the round, and existing investors Y Combinator and Global Founders Capital participated, alongside a new investor, Bedrock Capital. PayMongo plans to use the new funding to speed up introducing new features and products, and to keep building its product, design and engineering teams, the press release says.

Startups 120
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Square Unveils QR-Code Based Ordering For Eateries

PYMNTS

Square has unveiled a quick-response (QR) code-based self-service ordering functionality for eateries harnessing Square Online. The feature lets customers make orders through their mobile devices, steering clear of unnecessary physical contact with staff at no further charge to the company, according to an announcement. Square Online sellers in the U.S., Canada, U.K. and Australia can now use the self-serve ordering feature.

Sales 118
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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.