Sat.Feb 29, 2020 - Fri.Mar 06, 2020

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World Health Organization Cautions Against Cash Usage

PYMNTS

The World Health Organization (WHO) is advising people to not use paper tender and to use as many cashless options as possible to help contain the spread of the coronavirus, according to reports. Officials with WHO say that while cash isn’t more or less likely to spread the disease, it can carry the virus just like door handles and hand railings, and can spread it on contact.

Banking 137
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Preventing institutional payments fraud

Future CFO

In this ebook, you'll find basic defences, counter measures, and best practices for preventing payments fraud. Download The post Preventing institutional payments fraud appeared first on FutureCFO.

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Hiring For Your Business

Adam Kae

Congratulations! If you’re reading this, your company is growing and you’re thinking of hiring some help. That help can come in many forms including someone to run operations while you focus on long-term growth, someone to take care of your books, or someone to run your marketing programs. There is so much to be done (as we’re sure you know) so you want to make sure you hire candidates who are right for the job and fit in with your company culture.

CFO 52
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Paved with Good Intentions: Alternative Investment Reporting Challenges

CFA Institute

“How’d this investment do last quarter?" In the world of alternative investments, getting a simple answer can be strangely difficult.

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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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Taking Real-Time Payment Rails To The Tipping Point

PYMNTS

Real-time payments are imperative for running successful operations in today’s global ecosystem. Digital payments sent internationally are expected to move past $1 trillion in 2025, but getting to that point will require support from payment providers, regulators and other such firms still building out the necessary infrastructure. Many of these providers are particularly competing for small- to medium-sized businesses (SMBs) to join their faster payments network over another, which can be trick

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What Every Human Resources and FP&A Department Can Do To Strengthen Their Working Relationship

Planful

Melissa Dreuth, Senior Vice President of People and Culture at Planful, talks to her counterparts in the Finance team every day… and looks forward to it. . “Human Resources – also referred to as People Operations – tends to either love or hate the Finance department. Personally, I absolutely love my Finance colleagues.”. And while the Planful HR team might have an unfair advantage by virtue of working at a financial planning software provider, Dreuth has several thoughts on how to im

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Five Tips for Business Success from Five International Women in Finance

CFA Institute

What advice do the top women in finance have for those trying to make their way in the sector?

Finance 52
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T-Mobile Hacked, User Data Stolen

PYMNTS

Telecom giant T-Mobile suffered a data breach that exposed the personal information of employees and customers to unknown hackers, according to reports. “We want to let you know about a sophisticated attack that we recently identified and quickly shut down, which may have impacted some of your account information,” T-Mobile said in a notice. The company said there was an attack through email that let in some malicious actors.

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How CFOs mitigate the risk of payments fraud

Future CFO

In this ebook, How CFOs Can Mitigate the Risk of Payments Fraud , the Hackett Group reveals the best practices to alleviate the potential impact that fraud could have to their bottom-line and investor confidence, including identified approaches to minimize the risk of fraud. Accessing FutureCFO Premium Content. Welcome! To access Premium content and more, please login below.

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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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How Data Guides A New Era For The ERP

PYMNTS

The enterprise resource planning ( ERP ) system has been a staple of corporate finance operations for years, acting as a central repository of data and a hub to initiate a range of processes, from accounting to procurement. But the ERP of today doesn’t look like it used to. Enterprise cloud migrations have opened up the ability for smaller businesses to adopt ERP technology once reserved for the largest corporates.

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Millennial-Focused Digital Bank Empower Finance Raises $20M

PYMNTS

San Francisco-based Empower Finance, a mobile banking app aimed at helping millennials save wealth, has raised $20 million in a Series A funding round led by Defy Ventures and Icon Ventures, according to a report. The Founder and CEO of Nubank David Velez also participated in the funding round. The company, which was founded in 2017, is run by a former Sequoia Capital partner named Warren Hogarth.

Finance 100
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How FinTech Keeps Banks Focused On Customer Experience With AP Automation

PYMNTS

FinTechs are helping banks focus on the customer experience through accounts payable (AP) automation. AvidXchange Senior Vice President of Financial Services Boyce Adams Jr. told PYMNTS in an interview that banks foundationally value “the relationship they have with the customer” and “they understand the customer.” These financial institutions are providing lines of credit, and he says it’s the company’s job as a leader in FinTech to provide banks with the products and solutions that are going

Banking 100
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Ripple Powers X-Border Corporate Payments For UAE Bank

PYMNTS

As part of a broader effort to bring the newest innovations to its operations, the National Bank of Fujairah PJSC (NBF) has teamed with blockchain firm Ripple to enable cross-border payments via the RippleNet platform. Clients of the bank will now have the ability to make secure, real-time payments with clear tracking of transactions from beginning to end, according to an announcement.

Banking 100
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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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Bitcoin Daily: US House Hearing To Look At SMB Blockchain Benefits

PYMNTS

The U.S. House of Representatives Committee on Small Businesses is going to hold a hearing on the benefits of blockchain technology for entrepreneurs. The hearing is set for Wednesday, March 4 at 11:30 a.m. ET, and will be called “Building Blocks of Change: The Benefits of Blockchain Technology for Small Businesses.”. The hearing will explore the ways small business entrepreneurs have used blockchain to boost productivity and increase security.

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Zycus Expands Procure-To-Pay Automation With AI

PYMNTS

Zycus , which provides a comprehensive, end-to-end source-to-pay software suite in which it uses artificial intelligence (AI) technology, now has a new series of BOTs from its Zycus Merlin AI Suite, according to a press release. The BOTs will allow procurement and accounts payable (AP) teams to automate tasks considered mundane or repetitive. One of the tasks that will be able to be automated is invoice intake, in which key data will be automatically extracted.

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HSBC On The Next Phase Of Treasury APIs

PYMNTS

Business to business (B2B) application programming interfaces (APIs) are helping smooth the flow of data between companies, including businesses and their financial services software as well as between banks and their corporate clients. The value of the technology is evidenced by the vast number of APIs that businesses use and consume. Companies each made an average of 363 APIs available publicly in 2018, for example.

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China Uses Alipay To Deploy Color-Coded Health Rating App

PYMNTS

Tech giants in China are deploying a color-coded health rating system to help officials track the millions of people returning to work in the wake of the fast-spreading coronavirus outbreak, The New York Times (NYT) reported on Sunday (March 1). The government of Hangzhou collaborated with Alibaba and Ant Financial to create a smartphone app feature called the Alipay Health Code that segments people into three categories — green, yellow or red — based on their medical conditions and travel hist

Numbers 95
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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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eCommerce May Save Fashion Week Events In 2020

PYMNTS

The business of fashion shows is struggling this week, but fashion retailing is not. Already eCommerce figured to play a major part in the various fashion weeks across the globe this week and next due to new technology and a willingness for designers to make their clothing more accessible. But now eCommerce will get a star turn rather than a supporting role.

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UK Moves Closer To Big Four Accountancy Breakup

PYMNTS

The Financial Reporting Council (FRC), the U.K.’s audit regulator, announced plans this week to break up the dominance of the largest four accounting firms, Deloitte, EY, KPMG and PwC , according to the Financial Times. The regulator issued letters to those firms, known as the Big Four, Thursday. The plans, if put forth, would constitute a huge shake-up for the accounting industry in the U.K., and would essentially ask for the firms’ audit and consulting operations to be separated.

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Target To Roll Out Boar’s Head Products In Its Stores

PYMNTS

Target Corp. is bringing Boar’s Head brand cheeses and meats to its brick-and-mortar stores. The retailer is adding 50 to 200 products from the brand to up to 200 locations in 2020, with offerings to include provolone cheese slices and maple-glazed turkey breast, Bloomberg reported. Boar’s Head, which is now based in Florida, was established by Frank Brunckhorst in 1905.

Retail 90
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DATA: How FI’s Innovation Gap Is Big Tech’s Big Opportunity

PYMNTS

If we had to pick a favorite highly quoted Jeff Bezos aphorism, “your margin is my opportunity” would almost certainly be a contender for the top spot. The “almost “is simply because it is not clear that it is even a legitimate quote. Like many famously quotable people, a lot of things are attributed to Amazon’s founder and CEO that he may not have ever actually said.

Banking 88
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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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Kia Rolls Out Connected Car Subscriptions Via Zuora Platform

PYMNTS

Subscription management platform provider Zuora is working with Kia Motors America to offer connected car subscriptions. Zuora said in a press release on Tuesday (March 3) that Kia is using its platform to launch and scale its UVO Link subscription service, which is a portfolio of connected vehicle services. It works via the Kia Access program with the UVO link app, UVO Agent for Google Assistant, the UVO skill for Amazon Alexa and via the website.

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Mastercard: Using AI To Cure Healthcare’s $240B Fraud, Waste And Abuse Problem

PYMNTS

Healthcare in the U.S. is a massive industry. According to the Centers for Medicare and Medicaid , $3.5 trillion — or roughly $11,000 per person — was spent in the U.S. in 2017 on healthcare services. By the year 2027, the expectation is that those costs will have swelled to $6 trillion annually or roughly $17,000 per citizen or 19 percent of the GDP.

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Using Ethical AI To Turn Citizens’ Information Into Insight

PYMNTS

In the service of business, of society at large, artificial intelligence (AI) can be effective. It can be fast. Can it also be ethical? The wisdom of crowds, gleaned from social media, can paint a gestalt picture of how a government agency’s, bank’s or retailer’s efforts are being received on the ground, so to speak. And it can also (perhaps), fed through models and analytics, can bolster decision-making for the greater, common good.

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Amazon Develops AI Model For Visual Product Searches

PYMNTS

Amazon has announced it has a new artificial intelligence (AI) model that helps convert text to images to aid in searching for products, according to a blog post by the company. “Generative adversarial networks (GANs), which were first introduced in 2014, have proven remarkably successful at generating synthetic images. A GAN consists of two networks, one that tries to produce convincing fakes, and one that tries to distinguish fakes from real examples.

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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.