PYMNTS

JULY 11, 2016

There’s another digital currency in town, and its name is YoCoin. The question is: Can YoCoin give bitcoin a run for its money? We’ll have to wait and see. But YoCoin is pitching itself as a “new cryptocurrency with mainstream appeal.” “Unlike most of the alternative cryptocurrencies, YoCoin is a decentralized, peer-to-peer digital currency based on the Scrypt mining algorithm, making it far more accessible than bitcoin is when it comes to mining.

Currencies 73

Currencies Planning Marketing 73

Boston Startup CFO

JULY 10, 2016

According to a report from Harvard Business School, as many as three out of four startups fail to succeed in the long term. To hold their own amongst established competitors, startups need strong leadership teams and effective business strategy. I recently spoke with Tridivesh Kidambi, newly appointed CFO of CallFire, a technology company that provides voice and text connectivity to businesses, to learn more about how a company determines it needs a CFO and what it takes to be the CFO of a start

CFO 52

CFO Startups Communication Financial Modeling 52

Planful

JULY 14, 2016

Measuring and monitoring business performance relies on a process of defining clear objectives, planning and budgeting, and evaluating progress at established intervals to ensure the company is keeping pace with their outlined objectives. In doing so, businesses can be more opportunistic when leveraging beneficial trends, while also having the ability to mitigate business risk and operate a more successful company.

Financial Planning and Analysis (FP&A) 40

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

PYMNTS

JULY 14, 2016

Bitcoin may be a preferred method of payment for a slew of tech-savvy people, but it has yet to take off with the masses, or even micro-masses. iPayYou, the bitcoin wallet, is aiming to change that with a new service launched today (July 14). Dubbed Pay-by-Twitter, iPayYou is the first bitcoin wallet that enables Twitter’s 310 million monthly active users to make peer-to-peer payments over Twitter.

Accounting 51

Accounting Securities Banking Technology 51

Advertiser: Paycor

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PYMNTS

JULY 11, 2016

Big companies like PayPal have been dominating the digital payments world for many years. And then came Apple, along with the other tech companies, like Google and Samsung. And for years, banks have caught flack for not offering digital and mobile payments options that are up to snuff with what the tech giants have brought to market. Now, however, big banks are dusting off their old-fashioned ways and getting up to speed.

Banking 50

Banking Planning Marketing 50

PYMNTS

JULY 13, 2016

Move over millennials , there’s a new kid in town that is about to become nearer and dearer to retailers’ hearts: Gen Z. Gen-Z shoppers, defined as those between the age of 14 and 19, are about to become the most coveted demographic in all of retail, according to a study entitled “The Next Generation of Retail” by retail marketing firm Interactions.

Retail 48

Retail Securities Marketing 48

PYMNTS

JULY 15, 2016

It looks like StubHub is getting an upgrade – care of parent company eBay’s latest acquisition. eBay has snatched up Ticket Utils , a firm that specializes in the software that manages ticket distribution to multiple services. That technology will now be folded into StubHub – though StubHub was already integrated into the system.

Currencies 47

Currencies Sales Retail Planning 47

PYMNTS

JULY 12, 2016

For years, retailers have lamented the fact that mobile traffic so rarely translates in equal numbers to in-store traffic. An entire industry has even sprung up around leveraging digital engagement into visits to brick-and-mortar store fronts. Retailers spend millions — and would gladly spend millions more — if there was some sure-fire way to turn consumers’ phones into magnets that pull toward their stores.

Retail 47

Retail Leverage Numbers 47

PYMNTS

JULY 14, 2016

Your mother was right: You should always wear sunscreen. And it’s an axiom that the American Academy of Dermatology (AAD) keeps repeating over and over again as a way to ward off skin cancer, including melanoma, the deadliest form of skin cancer. According to its website, the AAD says that one in every five Americans will develop some form of skin cancer in their lifetime.

Retail 47

Retail Sales Accounting Planning 47

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

PYMNTS

JULY 14, 2016

Mastercard CIO Ed McLaughlin was often heard describing mastercard’s vision for commerce as one that would take it anywhere the consumer wanted to take it, including “to any connected device on the edge of the network.”. Today, we’re seeing that vision made reality. Network giant mastercard said on Thursday (July 14) that it is enhancing its digital payments service, masterpass, and making it available across a number of commerce channels and devices in an effort to bring true omnichannel shoppi

Banking 46

Banking Securities Numbers Accounting 46

PYMNTS

JULY 11, 2016

Earlier this year, Visa announced the start of its second annual Everywhere Initiative , where startups go head-to-head to imagine the future of commerce. Three real-life business challenges gave 15 competing companies the chance to flex their commerce chops. Participants could use Visa’s APIs to create a payment solution, leverage social media channels to engage people at Visa-sponsored events or persuade Visa cardholders to go cardless.

Startups 45

Startups Prioritization Advertising Retail 45

PYMNTS

JULY 12, 2016

In a perfect future, drones would zip through the sky carrying packages containing everything from pet food to baby diapers over our heads in the most efficient, affordable and expedient manner of delivery possible, while we all went about our daily lives (and we’d all have robot butlers, too). But alas, we don’t live in a perfect world, and although the technology is increasing each and every day, it still appears as though it will be some time before the flying drone is the preferred, practica

Economics 44

Economics Numbers Technology Retail 44

PYMNTS

JULY 13, 2016

For a while there, it really did look like fast fashion was actually reshaping the fashion retail business , because if millennials want anything, it’s ever more options. But as sales at some of the more popular fast-fashion brands begin to cool off or slow down and retailers increasingly shift their gaze to the coveted generation after millennials — we’re calling them Gen Z now — it appears more and more as though the fast fashion craze was just that — a fad with no real staying power.

Retail 44

Retail Manufacturing Sales Accounting 44

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 15, 2016

One of Canada’s largest banks has sent one of the world’s first real-time cross-border payments, it claimed this week. ATB Financial announced on Thursday (July 14) that it successfully sent a payment of CA$1,000 to Germany using blockchain-based technology supported by the SAP HANA Cloud Platform. The payment was also fueled by SAP Payment Engine, reports said, as well as blockchain FinTech firm Ripple.

SAP 43

SAP Banking Technology B2B 43

PYMNTS

JULY 15, 2016

Amazon has displaced many traditional retailers, leading everyone to wonder how anyone can compete. According to Shopify Cofounder and CEO Tobias Lütke, they really can’t. Speaking at Startupfest in Montreal, Lütke said Amazon is creating the industry standards in retail instead of following them, making it harder for traditional retailers to compete.

Retail 43

Retail eCommerce Sales Investments 43

PYMNTS

JULY 11, 2016

Sometimes, a box is just a box. And then, sometimes, a box is so much more than just a box that it can charge your phone while you eat , inspire you to create a work of art or just look really cool and colorful so that your kids will love it (and want to learn about birds). You’re probably saying to yourself now — unless you clicked on some of those hyperlinks — what the heck are they talking about?

Retail 42

Retail Banking Technology Marketing 42

PYMNTS

JULY 11, 2016

Cybersecurity firm BAE System and Fox-It are working with SWIFT to shore up the interbank messaging system that has recently become the target of hackers worldwide. The jointly created Forensics and Customer Security Intelligence Team is reportedly designed to provide additional support and enhanced expertise as SWIFT pushed out its information sharing and threat intelligence program for its banking members.

Securities 42

Securities Banking 42

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Reconciliations

PYMNTS

JULY 15, 2016

While talking about money is awkward in most parts of the world, talking about money in the U.K. is particularly uncomfortable, if recent data can be believed. Apparently about a third of U.K. citizens would rather remain unpaid on a debt than actually have to ask a friend or family member to pay them back. Faced with this situation, the people of the U.K. had a choice – or at least a third of them did.

Communication 42

Communication Banking Marketing 42

PYMNTS

JULY 15, 2016

In this week’s edition of PYMNTS’ Weekly Tech Center Roundup , we travel to Hong Kong to explore the fast-growing tech ecosystem and see why, despite its potential, it still seems to be a tech center underdog. Before we jump into the post, here are a few quick facts about Hong Kong and its tech scene: . Hong Kong is estimated to have a population of 7.3 million.

Startups 42

Startups Economics Manufacturing Marketing 42

PYMNTS

JULY 11, 2016

Pop quiz on this Monday morning, so grab your coffee and look alive. True or false: Thanks to mobile devices and apps, American consumers spend more time today shopping than they did in 2003. If you said false, pat yourself on the back, tell everyone in the office you’re a genius and make them buy you lunch. In 2003, the Bureau of Labor Statistics reported that American consumers spent roughly 48 minutes a day shopping offline and online.

Retail 42

Retail Sales Entertainment Advertising 42

PYMNTS

JULY 14, 2016

For most retailers, the name of the game is convenience. It doesn’t matter what they sell or what channel they do it through; the maxim holds that, if the checkout process is free from as much friction as possible, shoppers will hit fewer speed bumps and take fewer U-turns along the way. But what’s convenient for a retailer doesn’t always align with what’s convenient for its consumers, as Amazon so gently reminded shoppers in May when it stopped processing refunds for all

Retail 42

Retail 42

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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.

Accounting

PYMNTS

JULY 14, 2016

Payments security is usually not a wellspring for belly laughs. But Vantiv Integrated Payments, which offers payments technology to small and mid-sized businesses, has been moving forward with its campaign to stir business owners to action, with sobering stats and a little humor. In June, the company said that it is launching the next phase of its Security Pays initiative , which traces its genesis to August of last year and, at present, includes more than 1,000 of Vantiv’s partners around the U

Securities 42

Securities Education Technology 42

PYMNTS

JULY 13, 2016

It took a while for the average retailer to reach a level of competency dealing with online orders. That’s not to belittle the feat of turning an entire network of in-store inventory into shoppable links on a digital marketplace; rather, it’s a testament to how difficult the task was in the first place. Unfortunately, it looks like the growing number of online returns is forcing retailers to grapple with an equally confounding problem: the reverse supply chain.

Transportation 42

Transportation Forecasting Retail eCommerce 42

PYMNTS

JULY 12, 2016

Gone are the days when a Macy’s, JCPenney or Sears “anchored” a mall and served as the primary reason so many people wanted to go to it. Instead, more and more malls are ditching those type of large “anchor stores” that chew up a lot of valuable space and real estate for a mix of restaurants, lifestyle and specialty retail brands, entertainment options and fast fashion, according to a new report by The Wall Street Journal.

Entertainment 41

Entertainment Retail 41

PYMNTS

JULY 11, 2016

While baby boomers are worried about the economic end times, their youthful counterparts in their 20’s and 30’s are feeling better about this. And while that phenomenon is not uncommon – the enthusiasm gap between generations has been particularly notable in recent years. According to The Wall Street Journal , index after index is showing a similar result – among younger consumers, confidence is back at pre-recession levels, while for older consumers (55 and up), optimism

Economics 41

Economics Retail Numbers 41

Advertiser: Paycor

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