PYMNTS
FEBRUARY 13, 2017
Enterprise cloud adoption is reaching new heights thanks to maturity of the technology and newfound trust among corporates of cloud infrastructure. A new report by Intel Security , released today (Feb. 13), uncovers some promising trends for cloud technology in the enterprise: Greater trust in the tech overall, especially in public cloud infrastructure, are both apparent in the survey’s results.
Planful
FEBRUARY 17, 2017
This release includes improvements in several areas, including better user experience, enhanced user productivity, improved reporting, and easier integration with NetSuite ERP. Here are the highlights of this release. Improved User Experience. The Winter17 release adds a number of new features that are available in all supported browsers. This includes the Actual Data and Capital templates, and Template-Based HR in Host Planning , as well Dynamic Reports saved as Snapshots.
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PYMNTS
FEBRUARY 13, 2017
Standard Chartered is hoping to fuel innovation by giving developers access to banking technology. The bank announced late last week that it is rolling out the Open Banking API Developer Portal that will enable developers to play around with banking technologies, first with a focus on transaction banking and cash management. Standard Chartered said it will look to wield the solutions created by developers on the platform for the bank’s own businesses.
PYMNTS
FEBRUARY 16, 2017
Considering the mind-bending level of competition in the FinTech space today, the rise of the API may raise some eyebrows. After all, if a company has worked so hard to develop some type of financial technology, why would they want to lend that technology out to just about anyone? But the rollout of APIs from financial services and technology giants like Standard Chartered and Citigroup is a chance for the FinTech space to achieve greater levels of collaboration and innovation.
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PYMNTS
FEBRUARY 16, 2017
Singapore is changing its rules on venture capital in an effort to support economic growth, reports said this week. According to Bloomberg , the Monetary Authority of Singapore published a new consultation paper that revealed new and existing venture capitalists will no longer be subject to the same rules that apply to fund managers overall, including capital requirements and business conduct regulations.
Corporate Finance Brief brings together the best content for corporate finance professionals from the widest variety of industry thought leaders.
PYMNTS
FEBRUARY 16, 2017
Payment with a connected device requires hardware, of course, at the point of payment. And till now, most often the point of payment required a specialized bit of hardware. Usually on a merchant countertop. . But in an initiative dubbed “The Genius of Things” Visa and IBM IoT platform – which includes Watson – announced today that they will bring smarter POS functionality – and Visa card acceptance – to any device that’s connected to the Internet. .
PYMNTS
FEBRUARY 13, 2017
J.Jill, the women’s apparel retailer, announced Friday (Feb. 10) it has filed a registration statement with the Securities and Exchange Commission relating to a proposed IPO of its common stock. J.Jill said in a press release the registration statement filed Friday represents its initial public filing pursuant to the provisions of the Jumpstart our Business Startups (JOBS) Act of 2012.
PYMNTS
FEBRUARY 14, 2017
According to the results of the Hacking America: Cybersecurity Perception study, American consumers are at risk of “cyber confusion” in both the workplace and at home. The research, from Kaspersky Lab and HackerOne , revealed that both consumers and businesses in the U.S. are in need of a deeper understanding of cyberthreats and how to protect sensitive data online.
PYMNTS
FEBRUARY 17, 2017
Slightly more than $120 million in investment fund flows marked the week that ended Feb. 10. That’s a slowdown from the weeks prior and over the past several days, and no deal was in the triple-digit range. The FinTech space, this time around, carried almost all of the activity for the week. The biggest transaction came from the banking space, where a series of private investors invested $30 million in Old Dominion National Bank.
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.
PYMNTS
FEBRUARY 17, 2017
For people who are credit invisible or lack enough credit history to receive a credit score, the possibility of obtaining a mortgage, credit card or other type of loan can be nearly impossible. In order to achieve those types of goals, they often have to take on high-cost loans that aren’t reported to credit reporting agencies — and do nothing to build on their credit history.
PYMNTS
FEBRUARY 13, 2017
With all the available connected technologies today, consumers are sharing more information with one another. From check-ins at a favorite restaurant to Instagramming a sunset overlooking the Brooklyn Bridge, there aren’t many private moments that go undocumented. Because of all of these technologies, it’s nearly impossible to keep anything a secret.
PYMNTS
FEBRUARY 15, 2017
It’s safe to say the sharing economy isn’t going anywhere soon. From sharing a ride to borrowing books and taking a spin on someone else’s boat, the possibilities are endless. The success behind the sharing economy is typically due to the fact there’s an unaddressed need demanding attention. Ever since the advent of laptops and the myriad of smart devices, there has been one major need that hasn’t quite gone under the radar — charging the batteries of these devices.
PYMNTS
FEBRUARY 17, 2017
Look out, Alexa — it seems Google Home has leveled up its skills such that as of today, it is now possible to order goods for delivery directly from the search giant’s smart speaker device. Google’s Assistant will pull goods from the retailers that already support Google Express — including Costco, Walgreens and Whole Foods. To make the system work, the customer does a maneuver familar to anyone who has ever spoke to Alexa via an Echo.
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
PYMNTS
FEBRUARY 17, 2017
The age of information is an instant one, populated by email, bitmojis (they can even look like you) and texts, of course. Though the delivery method may change, the result is the same, as communication moves at the speed of thought and light. Messaging can also create bonds between users and companies, across concrete eCommerce platforms that can extend into the hundreds of millions — and that’s users, not messages.
PYMNTS
FEBRUARY 13, 2017
All’s quiet on the grocery front this week as there wasn’t much net movement across tracked grocery stocks. Kroger fell into a bit of a hole midweek, though Thursday and Friday morning trading worked to pull it back out, with price per share at the time of writing at $33.55, up 0.18 percent from Thursday’s close. Ahold Delhaize also saw movement upward during Friday’s trading after spending the week down — trading at €20.23 on Friday afternoon.
PYMNTS
FEBRUARY 14, 2017
Four or more hedge funds in the U.S. and Japan are making a bet that the price of bitcoin will go up, buying or offering to buy claims from the thousands of former trading account holders who saw their bitcoin holdings evaporate when Mt Gox, one of the world’s biggest bitcoin exchanges at the time, filed for bankruptcy in Feb. 2014. According to a report by Financial Times , which cited people with direct knowledge of the situation, while none of the roughly 24,000 claimants expect to get back
PYMNTS
FEBRUARY 13, 2017
Shopping for a Vacheron Constantin luxury watch just got easier. Now, all you need is $45,000 and an internet connection. The company announced that it will be selling its latest collection online for the first time in its 262-year history, with the Richemont-owned brand trying to attract younger customers. Internet Retailer reported that the Geneva-based company designed a limited edition of 36 Crones de Vache 1955 timepieces with New York-based watch news website Hodinkee, and the $45,000 watc
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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.
PYMNTS
FEBRUARY 13, 2017
Valentine’s Day is tomorrow, meaning the prepared have already made their dinner reservations and the unprepared will be making a rather frantic stop at a jewelry store and florist at some point within the next 24 hours. And while we here at PYMNTS seriously considered trying to make a valentine for all our readers to express our undying love and devotion, we realized that, for the payments and commerce junkies who frequent this page, there is no better token of our affection than keeping the da
PYMNTS
FEBRUARY 13, 2017
SMEs are the bedrock of many economies, not just that of the U.S. With that in mind, PYMNTS thought it was time to check in with small businesses across the globe. This week, we break down the latest statistics on SME health, optimism and finance for markets in the U.S. and beyond, including the U.K., Australia and South Africa. 84% of U.S. SMEs visit bank branches to make deposits , according to a new survey by Mercator Advisory Group that examined how small business owners interact with their
PYMNTS
FEBRUARY 15, 2017
Aiming to beef up security in connected and driverless cars , a group of lawmakers have introduced a bipartisan bill in the House of Representatives that would put the National Highway Traffic Safety Administration (NHTSA) in charge of studying security issues for cars and trucks that are connected and eventually driverless. According to a report , Rep.
PYMNTS
FEBRUARY 15, 2017
Companies are rolling out plenty of new banking tools for consumers to manage their money. But even with all the support, will consumers be able to build a sturdy financial life for themselves? Banks and FinTech providers are rolling out plenty of solutions, from artificial intelligence-powered chatbots, to a network of cardless ATMs, to help make banking easier for consumers These solutions are providing consumers with new ways to keep track of their spending, get questions answered by their ba
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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.
PYMNTS
FEBRUARY 15, 2017
The commercial card space is anything but straightforward. For one, payments innovation has created an explosion in the types of cards businesses can use, from fleet cards to one-time-use virtual cards. What’s more, the space continues to struggle with adoption, whether it be encouraging suppliers to accept commercial cards as payment or convincing businesses to adopt unfamiliar — but more secure — virtual card technology.
PYMNTS
FEBRUARY 14, 2017
As it turns out, hospitality is the latest industry to experience a technology boom. From AI automation to keyless entry, data science to seamless check-in, hoteliers are reportedly looking for tech-minded workers to advance hospitality in the digital age. As guests increasingly rely on digital channels both for research, booking rooms, and communicating with hotels, said the New York Times, it is becoming essential for the hospitality industry, and specifically hotels, to take on tech experts i
PYMNTS
FEBRUARY 13, 2017
Mint Payments on Friday (Feb. 10) announced it completed a placement of new shares, which it is using to expand in South East Asia ’s payments market. According to a report , the placement was made to raise $6 million. The shares were priced at $0.079 a share and represent a 3.7 percent discount to the last traded price of $0.082 a share. The report noted the capital raising will be undertaken in two tranches, with tranche 1 comprised of 50.6 million shares, raising $4 million.
PYMNTS
FEBRUARY 14, 2017
Companies have seen their fair share of finding the delicate balance of temperament over the years in customer interactions. With the instant gratification apparent in today’s fast-computing arena, the service industry not only merely requires it; it’s become a necessity in order to survive. From the pushy sales person calling multiple times per week to the overly eager store associate looking for a commission, live interactions with companies have experienced a range of personalitie
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