Sat.Jun 01, 2019 - Fri.Jun 07, 2019

article thumbnail

How to Price Discounts in Multi-year SaaS Contracts

The SaaS CFO

SaaS Multi-year Pricing Discounts SaaS pricing can be a pretty complex subject. Mix multi-year contracts, discounts, and churn into your internal pricing discussion, and you need a degree in math to determine the optimal pricing for you and your customer. Multi-year SaaS pricing discounts is a really interesting topic that does not receive enough financial […].

Math 89
article thumbnail

PayPal Launches eCommerce Platform For Online Merchants

PYMNTS

PayPal announced on Monday (June 3) the launch of the PayPal Commerce Platform, which is designed to meet the needs of marketplaces, eCommerce solution providers and crowdfunding platforms. In a blog post , Bill Ready, PayPal’s chief operating officer, said the new digital platform will provide what the company is calling the most comprehensive set of technology, tools, services and financing for businesses of all sizes around the world.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Fabozzi: Finance Must Modernize or Face Irrelevancy

CFA Institute

Frank J. Fabozzi, CFA, spoke with Paul Kovarsky, CFA, about the state of academic finance and financial theory.

Finance 77
article thumbnail

Tax and Debt Management

Creative CFP

Drowning in tax debt? Don’t owe the South African Revenue Service (SARS) the tax liability they say you do? Perhaps you don't even know whether or not you have a tax liability due. Deciphering tax assessments and managing tax debt can be overwhelming. SARS does, however, provide resources and channels through which you can gain a better understanding of your tax compliance status and tax liability.

article thumbnail

Planning Your Restaurants 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.

article thumbnail

The Key To Open Banking? More Bank Participation

PYMNTS

It’s not just technology that moves the world. Culture plays a huge role — as well as the sparks that often come from the tension when cultures clash. That promises to be the case going forward with Open Banking, as financial institutions (FIs) pick partners and proof of concepts. Open Banking is a global effort that resets the relationships FIs have with FinTech firms, payment providers and financial service providers.

Banking 81

More Trending

article thumbnail

Online Retail Pumps New Fuel Into Warehouse Growth

PYMNTS

The rise of eCommerce has done much more than change the way consumers shop (which, in turn, has helped to change the way consumers think about payments). Online retail has had a tremendous impact on logistics, further evidence of which emerged on Monday (June 3). Blackstone Group reportedly is paying $18.7 billion for what Bloomberg calls “179 million square feet of urban logistics properties – the warehouses used by Amazon.com Inc. and other retailers to fulfill orders from online shoppers.

Retail 79
article thumbnail

MoneyGram Partners With Canada Post For Digital Money Transfers

PYMNTS

MoneyGram and Canada Post have teamed up for a digital money transfer service that allows users to complete transactions at select Canada Post locations all over the country, according to a release. “To initiate a transaction, consumers simply visit moneygram.ca, create a profile, start a transaction and choose the ‘Cash at a Location’ option,” the release said.

article thumbnail

Why AI Is MIA In Most FI Fraud Departments

PYMNTS

In the old days, forged checks were the biggest problems that bank fraud departments had to manage. Today, financial institutions (FIs) face a barrage of cyberattacks from hackers operating around the world, continuously shifting their tactics. It is no wonder that fraud prevention is one of the problem areas that FIs hope artificial intelligence (AI) can help resolve.

article thumbnail

Visa Launches b.yond To Fast-Track EU Digital Payments Innovation

PYMNTS

To let businesses quickly deploy digital payment services, a consortium of major companies is rolling out a new financial innovation platform called b.yond. Global Processing Services , Pannovate , Cornercard , MeaWallet , Modulr , AllPay and W2 Global are founding partners of the consortium in collaboration with Visa , according to an announcement.

article thumbnail

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

article thumbnail

The Evolving Terrain Of Fighting Fraud

PYMNTS

Intro: Consumers undeniably want all of their transactions faster – and there is a penalty to be paid for making them wai t. But fast is no substitute for safe, which means the future of speed is really all about authentication on the quick. Artificial intelligence and machine learning can do a lot of that heavy lifting, if operators are using the real deal and not something merely AI-ish.

article thumbnail

Western Union’s Playbook For Balancing Cash And Digital Payments

PYMNTS

Despite the dreams and expectations among all kinds of people during the rise of eCommerce and digital payments, cash isn’t really going away. Sure, one may find numerous instances and specific markets in which cash use has given way to payment cards or mobile wallets, but, for various reasons, physical coins and bills endure, and will likely do so for quite some time.

article thumbnail

Alipay Merchants Triple In Europe

PYMNTS

Alipay has tripled its number of merchants in Europe to “tens of thousands” in the past year. “We’re talking about tens of thousands of merchants who are really excited about the opportunity that Alipay provides them to tap into those wealthy and middle-class consumers, who are traveling to see the world and want to buy great brands from Europe,” said Roland Palmer, head of Europe for Alipay, according to CNBC.

article thumbnail

How Connected Cars Are Changing The Game For QSRs

PYMNTS

Cars and quick-service restaurants (QSRs) have been interconnected since drive-ins were the latest innovation. QSRs thrive on speed and convenience, and that once meant catering to customers in cars via drive-thru windows. Now cars have transformed from vehicle to ordering platform, and QSRs have been on the forefront of this transformation. Consumers increasingly rely on mobile for ordering food, and in-car connected services are making this behavior even easier.

article thumbnail

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.

article thumbnail

HSBC Rolls Out Digital Wallet To Hong Kong Businesses

PYMNTS

HSBC has reportedly expanded its PayMe digital wallet to startups and small businesses, marking its first foray into the business payments marketplace. According to a report in the Financial Times , the U.K. bank quietly rolled out the digital wallet in Hong Kong as a response to competition from the likes of Tencent and Alibaba. In February, reports had surfaced that HSBC was testing the wallet with business customers.

article thumbnail

 Breaking SCA’s ‘Chain Of Doubt’

PYMNTS

Call it the chain of doubt. When new regulations take effect, especially sweeping ones that impact eCommerce, at least some firms take a “wait-and-see” approach. But as PSD2 looms, with new requirements for customer authentication, “wait and see” may hit merchants and other European firms right in the bottom line. As Spencer McLain, vice president, EMEA at Whitepages Pro , told PYMNTS, data privacy regulations like GDPR and compliance mandates like strong customer authentication (SCA), which is

article thumbnail

Square Sends Receipts To Wrong Customers

PYMNTS

Square, the digital payments company that handles millions of transactions for consumers, sometimes sends the receipts to the wrong people, a situation chronicled in a new Wall Street Journal report. According to the report, citing emails seen by the paper, Square has erroneously sent receipts documenting transactions ranging from a simple cup of coffee to more significant purchases.

Numbers 72
article thumbnail

Real-Time Reimbursements Boost Online Shopping Satisfaction

PYMNTS

As consumers grow accustomed to digital shopping and mobile ordering, slow transactions can make or break the customer experience. That’s why real-time payments and fund disbursements have become so important across industries. The global value of real-time compensation is projected to reach $34.3 billion over the next five years, according to the latest Disbursements Tracker.

Retail 71
article thumbnail

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.

article thumbnail

Study: Hackers Can Steal Passwords By Listening To Typing

PYMNTS

In an academic study , researchers at Cambridge University and Linkoping University in Sweden were able to learn people’s passwords by getting a phone microphone to listen to the sound waves when they typed, according to a report by The Washington Post. “We showed that the attack can successfully recover PIN codes, individual letters and whole words,” the researchers wrote.

article thumbnail

Facebook Preps GlobalCoin Launch

PYMNTS

Facebook is set to announce its cryptocurrency later this month, and will reportedly even allow the project’s employees to get paid in the new currency. The social media giant has been working on the project — code-named Project Libra — for more than a year, centered around the company’s own digital coin that users can send to each other, as well as use to make online purchases.

article thumbnail

Visa-Western Union Deal And Alexa’s Roommate Potential Top The Week’s News

PYMNTS

Yes, the weekend has arrived! We don’t know about you, but it was a busy week for PYMNTS, given all the news coming from the worlds of payments and commerce. Review our coverage, including stories about Stripe’s chargeback protection plan, the latest on open banking progress, a big investigation into crypto and the latest on the emerging ecosystem of predictive retail.

article thumbnail

Uber To Offer Helicopter Rides On Demand In NYC

PYMNTS

Uber is expanding its transportation services, launching helicopter rides in New York City starting in July. Customers will be able to book on-demand rides in a helicopter from JFK Airport to Lower Manhattan, The New York Times reported, and the eight-minute trip will cost $200 to $225. The ridesharing firm thinks that with Uber Copter it can cut down the time it takes to get from JFK to NYC to as little as 30 minutes.

article thumbnail

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.

article thumbnail

Stripe Launches Chargeback Protection Service

PYMNTS

Stripe , the payments company, announced Monday (June 2) the launch of Chargeback Protection, a new service that provides customers with machine learning-based fraud protection. In a press release, Stripe said the new tool is based on Radar , its tool that prevents fraud and protects against future chargebacks. With Chargeback Protection, businesses on Stripe are automatically reimbursed for the cost of a disputed charge and any associated fees.

article thumbnail

Suppliers Left Hanging As Sears Rescue Attempt Progresses

PYMNTS

The corporate restructuring of struggling retailer Sears continues, with hedge fund owner Edward Lampert reaching a deal this week to combine Sears Hometown with Sears and Kmart. But the fallout for B2B vendors of Sears resulting from the company’s financial struggles continues under the radar. Reports in the New York Post on Sunday (June 2) said thousands of vendors across the globe are struggling to continue doing business with Sears, with small and independent businesses and entrepreneu

article thumbnail

Spanish Bank Santander And eBay Partner On Loan App Asto

PYMNTS

Santander, a Spanish bank, and eBay have teamed up to offer lending services to small businesses, in an attempt to stave off competition from not only larger companies but smaller ones as well, according to a report by the Financial Times. A FinTech app owned by Santander called Asto will begin to offer loans to about 200,000 small and medium-sized businesses (SMBs) through eBay in the U.K. by the end of the year.

Banking 66
article thumbnail

Stripe Says SCA Puts Billions Of Online Sales At Risk

PYMNTS

Amazon , Worldpay , and Stripe — the eCommerce and payment companies — are expressing concern that a lack of preparedness by the industry to new EU security regulations could put billions of dollars of eCommerce purchases at risk. According to a report in The Financial Times , the new rules, which require more verification for online payments of more than €30 and go into effect in September, require big changes to processes and technology at retailers, banks and payment groups.

Sales 66
article thumbnail

PowerPoint Best Practices for Creating Stellar Presentations

Mastering data visualization in PowerPoint will help accelerate your career because it positions you as someone who can present data that drives business decisions forward. think-cell's PowerPoint Best Practices eBook was created specifically for professionals aiming to master the art and science of data-driven storytelling. What’s inside: Practical Insights: Uncover valuable tips for crafting engaging and persuasive presentations.

article thumbnail

Retailers Make Bigger Moves Into Experiential Digital Advertising

PYMNTS

It’s not enough to just be a retailer these days, it seems. Digital ads are also part of the process — at least that’s the story coming from recent developments involving major merchants. Take Target as one example. The retail chain reportedly has been in discussions with Triad Retail Media , the retail advertiser owned by WPP PLC, to acquire it.

article thumbnail

Mobile Order-Ahead Goes Mainstream

PYMNTS

Mobile food ordering has quickly gone from niche activity to mainstream. Between 2016 and 2018, the volume of orders placed through mobile apps grew by 130 percent, according to PYMNTS’ Mobile Order-Ahead Tracker. Mobile represents roughly 60 percent of all digital restaurant orders today. This rapid growth is expected to boost the market’s value to $38 billion by 2020.

article thumbnail

The eCase For Liberating $190B In Rental Security Deposits

PYMNTS

Around the world, banks and FinTech firms are addressing challenges associated with enabling fund disbursements in real time — and some markets are developing real-time networks faster than others. In the latest Disbursements Tracker , PYMNTS explores how banks and card providers are approaching payment innovations to keep pace with consumer demand, and to better protect against fraudsters.