Sat.Oct 17, 2020 - Fri.Oct 23, 2020

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Millennials Will Lead The Voice Commerce Revolution

PYMNTS

Consumers across all age demographics have radically realigned their lives over the last eight months. To say that we aren’t quite the same people we were a year ago might seem overly dramatic. Still, the 2020 edition of the PYMNTS | Visa How We Will Pay consumer survey of a national sample of roughly 10,000 U.S. consumers confirmes that consumers, in fact, have changed.

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Planning speed and accuracy take off at BIGLIFE

Anaplan

Airline loyalty programs are being forced to evolve to meet today’s turbulent business environment. Fortunately for BIGLIFE, the platform that runs BIG Loyalty (which started out as AirAsia’s frequent flyer program), that evolution started long before COVID-19. Over the last few years, BIGLIFE has become a comprehensive lifestyle platform that offers its members rewards that […].

Planning 105
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Trending Sources

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The New Normal for FP&A: Data Analytics

Jedox Finance

The term “data analytics” refers to the process of examining datasets to draw conclusions about the information they contain. Data analysis techniques enhance the ability to take raw data and uncover patterns to extract valuable insights from it. Data analytics is the critical first step to take as we acquire data, convert that data into insights, transform those insights into knowledge and lever that knowledge to assist the organization to make those better, faster, smarter business decisions t

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Morgan Housel on Greed and Fear, Frugality and Paranoia

CFA Institute

“Investing is not the study of finance,” Morgan Housel says. “Investing is the study of how people behave with money.”.

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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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PayPal Becomes Latest Big Tech Firm To Hop On The Crypto Bandwagon

PYMNTS

PayPal has announced that it is jumping into the wild world of cryptocurrency , making it possible for wallet holders to buy, sell and hold cryptocurrencies like bitcoin, ethereum, bitcoin cash and litecoin in their PayPal accounts. And starting in 2021, they will be able to spend their crypto caches with any of the 26 million merchants currently accepting PayPal.

More Trending

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A Slice of Social Media P.I.E.

Adam Kae

On October 1st, we had the pleasure of sitting down with Brenda Meller of Meller Marketing for a slice of Social Media P.I.E. Our topic? Equality in the Workplace and the Investment Required. This topic holds a special place in the heart of CFO Adam. Today, he shares his thoughts on how companies can ensure equal opportunities are provided and how job candidates can effectively advocate for workplace equality.

CFO 52
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An explanation of the balance sheet for business owners [Part 3/4]

Creative CFP

A balance sheet is a document that outlines the business’s value. It does this by listing three main things: the assets that a business owns, the liabilities that a business owes, and the equity, which is the assets less liabilities. The balance sheet forms part of the management report pack that Creative CFO produces. Often, the balance sheet can be quite challenging to understand, so we have made it our mission to make it visually understandable.

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Why Amazon Created A Separate Brand For Designer Fashion

PYMNTS

Shopping is increasingly done remotely, but when it comes to luxury goods, appealing to high-end consumers requires personalized digital connections and a memorable experience, Zornitza Stefanova , founder and CEO of global luxury-shopping platform BSPK told PYMNTS. Whether that comes in the form of video, live chats or being on a first-name basis with a personal retail adviser, it’s all about personalization and the relationship. .

B2C 131
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Former Microsoft India CFO joins Tata Communications

Future CFO

Tata Communications announced recently the appointment of Kabir Ahmed Shakir as its CFO. The former CFO at Microsoft India, Shakir will be responsible for the strategic financial management of the company, including investor relations at Tata Communications. Shakir brings with him nearly three decades of leadership experience in strategic financial management with a sharp focus on growth, strong business processes, and operational execution across diverse industries and geographies, Tata noted.

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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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Roberto Campos Neto, CFA, on COVID-19, ESG, and an Inclusive Recovery

CFA Institute

Central Bank of Brazil governor Roberto Campos Neto, CFA, discusses the monetary policy response to the COVID-19 crisis in an interview with Marg Franklin, CFA.

Banking 52
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Coupa, American Express Team On Virtual Cards

PYMNTS

American Express is working with Coupa on a new partnership to use virtual cards for Coupa's B2B solution, a press release says. Coupa Pay, the Coupa B2B solution, will be available for customers of AmEx's virtual cards, in a move meant to streamline the old payment processes which the release calls "outdated, complex, and inefficient.". The move toward virtual cards comes with a rising demand for work-from-home solutions, more popular now during the pandemic.

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European Banking Federation On The EU’s Shift To Digital, Data-Driven Financial Services

PYMNTS

The pandemic has shifted priorities in regulatory policy tied to the financial services industry — and for Europe, it is heralding the emergence of a data-driven economy. In an interview with Karen Webster, the European Banking Federation’s ( EBF ) Alexandra Maniati , Director of Cybersecurity & Innovation, said the European banking industry is, increasingly, embracing the cloud to pivot to new financial services and products across the Continent.

Banking 126
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Plaid 'Surprised' At TD Bank's Lawsuit Alleging It Tricked Consumers

PYMNTS

Plaid is denying that it has used TD Bank 's logo to dupe customers into sending information it could monetize, a report from The Globe and Mail says. Plaid said it’s also disappointed that TD Bank has filed a lawsuit against it in the case, saying Plaid's role in transactions is “made clear” to customers. Plaid's software includes helping popular apps like Venmo , Coinbase , Square and Stripe access bank and credit card info, and the company says they “have been working with TD for quite some t

Banking 124
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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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JPMorgan Takes On Square And PayPal At The Point Of Sale

PYMNTS

J.P. Morgan Chase wants in on small- and mid-sized (SMB) payments and is banking on no-fee QuickAccept to edge out FinTech rivals Square and PayPal, according to a Wednesday (Oct. 21) CNBC report. Using QuickAccept, SMBs can take payments through a mobile app or contactless card reader and get the funds instantly, with no fee. Square, for example, charges a 1.5% fee for instant transfers.

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Malware Hits Banks By Mimicking Video Conferencing App

PYMNTS

Brazilian bank accounts are being hit by a new malware, called Vizom by IBM, that makes use of familiar overlay attack tactics to hijack devices in real time, according to a report by ZDNet. Disguising itself as a commonly used video conferencing tool, Vizom spreads through phishing campaigns. Once it hits a Windows PC, the malware hijacks the AppData directory to force the loading of malicious DLLs.

Banking 123
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Why JPMorgan Wants A Piece Of The SMB POS Market

PYMNTS

For SMBs, what’s in the cards … are more card readers. To that end, the banking giant J.P. Morgan is focused on enabling payments for the millions of small businesses that are the lifeblood of Main Streets across the U.S. – and, by extension, the U.S. economy. As reported this week, J.P. Morgan is bringing payments to the point of sale (POS), with an eye on making inroads into a landscape dominated by firms such as PayPal and Square.

Marketing 122
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Closing The B2B Trade Credit Gap With AI, Machine Learning

PYMNTS

Although the COVID era continues to have an outsized impact on small businesses, frontline lending experts say SMBs have recently begun to catch a break when it comes to getting loans through FinTechs and other non-bank lenders. Ken So , founder and CEO of Flowcast , told PYMNTS that today’s $3 trillion worldwide SMB “credit gap” is narrowing because the criteria to secure loans are changing, and increasingly, embracing alternative data sources.

B2B 120
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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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Contour Collaborates With Mphasis On B2B Trade Platform

PYMNTS

Decentralized international trade platform Contour has teamed with information technology (IT) solutions provider Mphasis to speed up the digital transformation of global trade finance, according to a Wednesday (Oct. 21) announcement. Mphasis will harness its Front2Back TM Transformation approach and its next-generation IT in addition to operations functions to help speed up the installation and use of the Contour network through a collection of businesses, financial institutions (FIs) and partn

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Instagram, Snaps Team Up To Help Brands Connect With Customers

PYMNTS

Snaps is teaming up with Instagram as the social media giant gears up for the holiday shopping season by sprucing up its commercial appeal to the major brands. New York-based Snaps announced on Monday (Oct. 19) that it has integrated Messenger API support for Instagram in its conversational automation platform. The addition will further enable brands to have one-on-one conversations with customers, ensuring that online shoppers “can get always-on, personalized and intelligent responses about pro

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Turning Loyalty Points Into Digital Currency For Latin American Consumers

PYMNTS

When performing at their highest and best level, the various rewards points offerings designed by card issuers can be very sticky engagement tools for consumers, turning their card spending into a method for generating value. The problem is that those programs often aren’t performing at their highest level, top executives from Visa and novae told Karen Webster in a recent conversation.

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2021: The Year Business Payments Go Digital And Lose The Paper Check

PYMNTS

The shift away from legacy payments processes was well underway before the pandemic, but COVID-19 is creating fresh urgency to move to cloud-based digitized systems, David Disque , president at CSI (Corporate Spending Innovations) told Karen Webster in a recent conversation. Companies are increasingly automating keying in invoices, printing paper checks and other formerly manual tasks as a means of survival as employees work from home.

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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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Visa Expands Tap To Phone To 15 Countries

PYMNTS

Visa announced Wednesday (Oct. 21) that the company is expanding its contactless Tap To Phone (TTP) payment systems to more than 15 markets worldwide, with plans to bring the mobile tech to the United States sometime next year. The expansion follows a 12-month global pilot program. It also comes when the global pandemic has seen a surge in demand for touchless payment options from both consumers and sellers who want ways to pay that are safe, fast and easy to use.

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Fed Chair Powell Urges Thorough Vetting Of Central Bank Digital Currencies

PYMNTS

Federal Reserve Board Chair Jerome Powell sounded a cautionary note on Monday (Oct. 19) on the bank’s potential rollout of a digital currency. Powell warned of potential downsides to the launch of a digital currency that need to be considered, arguing that the first priority should be to “get it right than to be the first,” Reuters reported. The Fed chief made his comments as part of a panel discussion on digital currencies hosted by the International Monetary Fund (IMF).

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Mastercard Supports Women-Owned SMBs With $20M CNote Investment

PYMNTS

Mastercard is marking National Women’s Small Business Month by furthering its support of the female-founded impact investment platform CNote with an infusion of $20 million, the company announced Friday (Oct. 23). The financial commitment from Mastercard and the Mastercard Impact Fund deposits the money into Community Development Financial Institution (CDFI) banks and Low-Income Designated credit unions, which assists women- and minority-owned businesses in underserved communities across the U.S

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PSCU: Credit Spend Rebounds, Offering CUs New Ways to Engage Members (Digitally)

PYMNTS

The pandemic may still be forcing financial institutions (FIs) to confront the new digital reality — but opportunities abound for credit unions to engage with members who are, just now, growing a bit more positive about spending money again. In an interview with PYMNTS, Scott Young , VP of Innovation at PSCU , noted that in the changing consumer environment, digital and mobile banking are “table stakes,” but credit unions (CUs) must be conscious of how member payment preferences are evolving.

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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.