Sat.Jul 22, 2017 - Fri.Jul 28, 2017

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AI/BOTS: Machine Learning Tips Online Fraud Scales

PYMNTS

Technological advances are pushing the boundaries for what’s possible in a variety of industries. Within the retail industry specifically, artificial intelligence (AI) is moving the ball for a lot of merchants looking to not only streamline their business operations but provide a more personalized experience for consumers. Stemming from AI, machine learning is helping technology move at a swifter rate, and as more people bring their shopping needs into the online world, it’s likely that machine

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What Are Finance Transformation Best Practices?

Planful

These and other questions were the focus of a recent blog by Planful. Based on our work with over 800 customers on Finance process transformation, we shared Finance best practices and even held a discussion with two of those customers. Here are seven traits common in organizations that have successfully executed Finance function transformation and moved from back-office scorekeeping to becoming strategic business partners, driving and supporting decision-making across the enterprise.

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Chatbots: Friend Or Foe Of Retail?

PYMNTS

Automation has come to several industries. From manufacturing to customer service, there have been several parts of today’s workforce that have been automated by some form of smart technology. One in four Americans are currently at risk of having their jobs automated, according to a research paper from Ball State University, “ How Vulnerable are American Communities to Automation, Trade, and Urbanization?

Retail 71
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PayBee Launches To Digitize AR For Indian SMEs

PYMNTS

A new company is launching in India to support accounts receivable and invoice management for businesses. Announcing its rollout on Tuesday (July 25), PayBee said it is looking to digitize the B2B payments process to help companies enhance cash flow management. The company said it integrates with existing accounting, ERP and distribution management solutions already in place within business clients.

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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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Cashless Society, Crossing Borders

PYMNTS

The cashless payments movement has a calendar attached to it, at least in China. Cashless Week in China is little more than a week away — running Aug. 1 through Aug. 8 — as Ant Financial Services Group announced earlier this year. The cash-free week will see the firm encouraging China to embrace digital payments, an offshoot of the company’s goal to make China as cashless as possible in five years — using Alipay as a springboard, of course.

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USAT Raises $43.1M In Underwritten Public Offering

PYMNTS

USA Technologies, the payment technology service provider of integrated cashless and mobile transactions in the self-service retail market, announced news Tuesday (July 25) of the closing of its underwritten public offering of 9,583,332 shares of its common stock at a public offering price of $4.50 per share. In a press release, the company said the foregoing included the full exercise of the underwriters’ option to purchase 1,249,999 additional shares from USA Technologies (USAT).

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EML Lends Virtual Payments To Mize Houser Franchise AP Solution

PYMNTS

EML Payments is integrating its virtual payment capabilities into the accounts payable solutions offered by Mize Houser as the two look to help companies replace paper checks in B2B payments with virtual or ACH. Mize Houser provides accounting and AP solutions to franchisee owners; according to an announcement Tuesday (July 25), the company will begin offering those clients virtual payment capabilities to pay suppliers using EML Payments technology.

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Bitcoin Makes The Split

PYMNTS

Bitcoin has seen its fair share of ups and downs over the past year when it comes to both stock price and mainstream adoption. While the cryptocurrency is struggling to gain traction, there’s been talk brewing of a rival bitcoin being developed to compete against it. Reasons for the new bitcoin competitor stem from many believing it’s not where it should be at this point in time.

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EBA Clearing Adds UniCredit To Instant Payments Service

PYMNTS

As EBA Clearing continues to test its real-time, cross-border payments solution, the firm has announced another financial services company on-boarded to the service. UniCredit, based in Italy, said it is testing the RT1 pan-European instant payment solution developed by EBA Clearing, reports said Tuesday (July 25). The firms said UniCredit’s testing of the platform makes it one of the first banks to begin preparing for the rollout of the solution later this year.

Banking 51
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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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Visa And Marqeta To Transform Global Card Issuance

PYMNTS

If the payments landscape is marked by entrenched players partnering with smaller firms making their mark in digital payments, add one more deal to the list. Visa announced news today of a global partnership with Marqeta , the open API issuer/processor platform that they’ve been working with over the past two years, that will now expand the universe of use cases for the instant issuance of physical, virtual and tokenized payments.

B2B 50
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Bitcoin Tracker: How Secure Are Bitcoins?

PYMNTS

Security in the digital age is a goal for most retailers and consumers — and nearly everyone else in the business world. When it comes to personal information, especially data linked to payment accounts, the level of privacy and accuracy of security are key in keeping the retail world spinning. Once bank accounts or credit cards are hacked, either online or at big box stores, trust in the payment processing system can dwindle — and that trust can become difficult to build back up.

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Procurement, Finance Teams Are Not On The Same Page

PYMNTS

The B2B FinTech world hears it time and time again: eProcurement is becoming a strategic part of the enterprise. Strategic supplier management , contract negotiations, electronic sourcing and transacting — these are all ways the procurement functions can, in theory, generate savings that promote a more robust bottom line and healthier cash flow for the enterprise.

Finance 49
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ezyCollect Targets Micro Firms With Unpaid Invoice Services

PYMNTS

Small business accounting platform MYOB is helping some clients chase down unpaid invoices through a new partnership with ezyCollect. The companies revealed their collaboration Monday (July 24), announcing plans for MYOB Essentials to offer ezyCollect services to users. “Small business owners are busy and stressed out,” said A.J. Singh, managing director of ezyCollect in a statement. “They can’t afford to lose a day, a week, chasing money that is owed to them.” Sing

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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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Gas Station Skimmers Can Send Stolen Data Via SMS

PYMNTS

Police have discovered a new credit card skimmer that connects to the inside of a gas station pump and is able to send stolen data via SMS. According to Tech Crunch , thieves tear apart cheap phones and send credit card information to their location instantly without having to access the skimmer physically or rely on an open Bluetooth connection. Brian Krebs of Krebson Security received images of the skimmer — found at a gas station in the Northeast — from an unnamed source.

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Will Smarter Robots Give eCommerce A Boost?

PYMNTS

The next great robotic breakthrough is upon us — according to recent Wall Street Journa l reports, it’s a machine that can pick up a toy and place it in a box correctly. Admittedly it’s a bit more exciting than it sounds, since it may sound like science has designed robots to have the net skill level of a five-year-old human child. But, as it turns out, that simple skill and figuring it out has been a major hurdle to automating warehouse work.

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With CNP Fraud, Vigilance Is Only Part Of The Battle

PYMNTS

The impact of online fraud reaches far beyond the dollar count of sales lost. . When data breaches occur, jobs are on the line from the CIO down to lower-level IT personnel. . And the damage to trust and confidence on the part of consumers can be incalculable. To paraphrase an investing maxim, a company can be built up over decades and destroyed in minutes. .

Retail 48
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What’s Fast And Slow And Read All Over?

PYMNTS

Innovative ideas are inspired by smart people who see problems and have the conviction, capital and courage to come up with new ways to solve for them. Take faster payments. One such innovator recognized the vast commerce potential that could be unlocked if new technologies were used to move money and messaging between people in near real-time. The grandness of his vision and success, with a proof of concept, prompted him to reach out to the U.S. government to share his ideas.

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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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Ordering Pizza Looks Easy, But It’s Not — Here’s Why

PYMNTS

Many platforms want a slice of the digital pizza-ordering pie. Few, however, are equipped to dish up the kind of experience consumers demand. Pizza seems like a simple takeout meal from the customer’s end, and that’s how it should be — but it’s not as easy as it looks. Pizza is one of the most highly customizable foods, with a practically infinite combination of toppings.

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NEW REPORT: Getting SMBs Ready, Set, Going On Mobile Order-Ahead

PYMNTS

Modern innovations have made technology from smartphones and mobile ordering apps to even virtual reality, well, a reality. Now that this technology is in the hands of consumers around the world, companies are increasingly counting on it to attract new customers and retain existing ones. . In the July Payments as a Service Tracker™ , PYMNTS explores how the latest payment solutions are helping merchants give their customer speedier and simpler solutions — all in an effort to win the business

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NEW REPORT: From Apps To Amazon, Why TGI Fridays Is All In On Mobile Order-Ahead

PYMNTS

The mobile revolution has hit the dining industry and is becoming a staple for QSRs, fast casual restaurants and beyond. And recently, some brands that have already introduced and found success through mobile ordering apps are experimenting with expanding mobile ordering real estate. . The latest PYMNTS Mobile Order-Ahead Tracker™ features news on restaurants around the space expanding their use of mobile order-ahead smart technology to entice new customers and offer improved ordering experie

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Winning The Coffee Competition

PYMNTS

Few brands have become as synonymous with what they sell as Starbucks has. When people think coffee – there is almost a reflexive action to think of Starbucks. Sure they have their occasional dalliances with the stunty marketing beverage – baristas nationwide are still reportedly recovering from the national horror that was the Unicorn Frappucino in April.

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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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North Korean Hackers’ New Target? Bank Accounts

PYMNTS

In news good for no one anywhere, it seems the North Korean army of cybercriminals has decided to reorganize itself to prioritize greater specialization. According to WSJ reports out this morning — the cyber dark army has splintered into smaller groups and is increasingly focused on stealing from the rest of the world to give back to its home country.

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Vantiv On Attracting And Keeping Developers Engaged

PYMNTS

Developers platforms have quickly gone from being cutting edge to being something like table stakes for serious financial technology players, as Karen Webster observed in a recent conversation with Vantiv’s Head of Developer Integration’s Matt Ozvat — “it feels a bit like everyone out there has their own version of a platform for the developer.”. That is good news for developers — and the path to innovation — but it does create a supply question in a world with a finite number of FinTech develo

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OCC Defines Top Threats To Banks This Season

PYMNTS

The U.S. Treasury’s Office of the Comptroller of the Currency (OCC) has again released its report on top risks facing banks, with its Spring 2017 analysis warning FIs that threats are coming from all angles. In some ways, the risks facing banks are longstanding: Non-traditional FIs and innovation are forcing banks to rethink their position in the market.

Banking 46
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BioCatch Secures Patent For Remote Hackers

PYMNTS

Protecting data online is an enormous task and responsibility. With the amount of sensitive consumer and enterprise data exchanges occurring every second, there’s bound to be a slip up with either leaked or stolen information. As long as hackers can find an open window in the virtual house of the internet, there will be hacking. And with computers allowing that hacking to happen from any location around the globe, those using remote access points can be difficult to find and squash.

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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.