PYMNTS

JULY 10, 2017

In eCommerce news: The tug-of-war game just got a bit tighter, and Amazon may be in the crosshairs. Walmart’s Jet.com is helping to push the envelope with its new “ try before you buy ” approach. Approximately 300,000 online product samplings and exclusive offers will be included in monthly eCommerce packages. Through this new promotional effort, Jet.com is hoping to enhance its customer engagement process and is likely to continue to increase its status as a tier one eCommerce company.

eCommerce 87

eCommerce 87

Reval

JULY 13, 2017

Treasury & Risk. A new U.S. accounting standard that makes it easier to account for hedges is likely to encourage more corporates to hedge. The Financial Accounting Standards Board voted last month to finalize the new hedge accounting standard, and the final standard is due out in August. Companies interested in using the new standard won’t have to wait long.

Accounting Standards 52

Accounting Standards Accounting Treasury Compliance 52

Planful

JULY 12, 2017

That includes representing the organization with customers, partners, and other external stakeholders. What’s driving these changes? What new skill sets does this require? Are we asking too much of CFOs? This was the topic of a recent article published by Insight Magazine , including comments by Planful own CFO Ian Charles , and others. Are We Asking Too Much of CFOs?

CFO 40

CFO Finance Accounting Firms Accounting 40

PYMNTS

JULY 13, 2017

The digital retail revolution is well underway. Fusing technology into in-store experiences has officially gone mainstream, and retailers are looking for ways to go beyond the traditional mobile app. As we’ve reported in the past, places like Sephora have installed various tablets with embedded augmented reality (AR) features to help customers pick and choose what makeup shades look best on their skin tone.

Retail 85

Retail Advertising eCommerce Sales 85

Advertiser: Paycor

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PYMNTS

JULY 11, 2017

Searching for a different kind of lodging or the perfectly priced graphic designer to help give a startup the right look? These days, the best place to look may just be on an online platform. The July PYMNTS Payments Powering Platforms Tracker™ , powered by WePay, features a roundup of last month’s headlines on how payments are powering new businesses in industries from freelancing to financing, and everything in between.

Education 64

Education Forecasting Startups Finance 64

PYMNTS

JULY 12, 2017

Albertsons still wants to go public, two years after first mulling and tabling an initial public offering, Bloomberg reports. Yet once again, the grocer is going to have to put that dream on hold as it struggles to get its same-store sales back into the black. Same-store sales dropped into the negative in fiscal 2016 and have yet to recover. It’s not doing Albertsons any favors that, between the popularity of grocery pickup and delivery services, cheap groceries at Walmart and the debut of Germa

Valuation 51

Valuation eCommerce Sales Marketing 51

PYMNTS

JULY 11, 2017

Electronic procurement and the rise of a B2C-like shopping experience for corporate buyers has turned the buying process into a strategic function for many organizations. But for others, simply digitizing the procurement process in the first place remains a challenge. Government procurement is struggling to streamline and automate many tasks, forcing some executives to feel overworked, new research finds.

B2C 51

B2C Education Technology Investments 51

PYMNTS

JULY 14, 2017

Who doesn’t love a free trial? PYMNTS CEO Karen Webster knows a guy who loves them so much that he keeps an Excel spreadsheet outlining how he will eat for free for the next year using trials of meal kit delivery services. That’s great for the guy, but someone is paying for those meals. Somewhere, those unconverted free trials are getting rolled into an astronomical acquisition budget that those companies are paying to win over new customers.

Financial Modeling 49

Financial Modeling Budgeting Sales Startups 49

PYMNTS

JULY 14, 2017

The WannaCry ransomware in May crippled hospitals, railways and government in more than 150 countries: the biggest cyberattack on the books, affecting hundreds of thousands of computers. Few paid up, but with systems down for days or weeks, bottom lines certainly suffered regardless. A month later, the Petya worm exploited the same Microsoft Windows vulnerability – both despite the fact that Microsoft had patched the bug in March.

Securities 47

Securities Healthcare Budgeting 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 11, 2017

The eCommerce battle between Amazon and Walmart has been brewing for quite some time, with each of the online retail giants working tirelessly to expand its reach. The consumer shopping environment is evolving, and Amazon and Walmart seem to be leading the charge. Following Nike’s decision to sell on Amazon and Walmart’s announcement that Jet.com would be working with BrandShare to send more than 300,000 samples in its monthly packages, the lines have clearly been drawn in the compet

eCommerce 47

eCommerce Retail Sales Investments 47

PYMNTS

JULY 14, 2017

One of the casualties of the ongoing retail death spiral seems almost certain to be the retail workforce. That has become an increasingly certain part of the conventional wisdom – as real-world retailers are shutting locations down and laying off staff, and oceans of low-skilled service-sector workers are likely to end up on the market with fewer option available to them for gainful employment.

eCommerce 46

eCommerce Math Retail Economics 46

PYMNTS

JULY 14, 2017

Amazon’s Echo is getting an overhaul for the first time in more than two years since the voice-activated speaker powered by virtual assistant Alexa hit the marketplace. According to a news report in Engadget , citing an unnamed source, the eCommerce giant is working on improving the Echo in an effort to steal some of Apple’s thunder with the HomePod, which is coming out later this year.

eCommerce 46

eCommerce Sales Technology 46

PYMNTS

JULY 10, 2017

If the Data Dive can be said to have a theme this past week, that theme would be mobile. At least a bit, and at least in terms of two of the bigger headlines in the payments space. One was a big deal – literally…. Worldpay: OK, we all know the price tag by now: $9.9 billion. That’s how much Vantiv is ponying up to boost its presence round the globe in payments, with an eye on the U.K. and on Europe, branching from its U.S. home base.

eCommerce 46

eCommerce Numbers Sales 46

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 14, 2017

From alcohol to food and more, there are a variety of delivery services available for today’s tech-savvy consumer. One of the more popular choices for on-demand delivery is in the alcohol industry, with the likes of Drizly, Thirstie and Swill. Los Angeles-based, alcohol delivery startup Saucey just announced news of its $5.4 million Series A round of venture capital (VC) funding led by Bullpen Capital.

Startups 46

Startups Planning Retail Marketing 46

PYMNTS

JULY 10, 2017

Accelerated payments initiatives like the U.K.’s Faster Payments Scheme (FPS) are only valuable when financial institutions and other players can actually access the service. That’s not so easy, even for the largest banks, says Steve Clarke, sales director for PayPort , the gateway service run by Vocalink to help financial institutions link into Faster Payments.

Banking 45

Banking B2B Leverage Accounting 45

PYMNTS

JULY 12, 2017

Visa wants SMBs nationwide to go cashless. It also thinks better education about the benefits of doing so is the key to making it happen. The multinational financial services corporation recently announced it is ramping up its educational efforts — particularly those directed at small restaurants — in hopes of offering a push toward the more efficient, cashless future.

Education 44

Education Securities Sales 44

PYMNTS

JULY 10, 2017

The tug-of-war between Amazon and Walmart wages on in eCommerce news this week. As rumors start to spread of Amazon’s alleged blocking of other bidders in its Whole Foods acquisition deal, the eCommerce giant is ramping up on its Prime Membership numbers and sales. Meanwhile, Walmart’s Jet.com shared news of its new partnership with BrandShare to help provide samples in its monthly eCommerce customer packages.

eCommerce 44

eCommerce Numbers Sales 44

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Reconciliations

PYMNTS

JULY 10, 2017

Corporate travel is a necessity for companies seeking to expand their top lines and bottom lines and customer bases. It’s also a hotbed of inefficiency — as employees who have to travel feel that part of the trade-off for doing so is being comfortable while on the road — and racks up the dollars along the way, dimming profits. In the latest Topic TBD, Dan Ruch, founder and CEO of Rocketrip tells Karen Webster that the key to saving corporate dollars comes down to finding out, illuminating and us

Budgeting 44

Budgeting Leadership Technology 44

PYMNTS

JULY 14, 2017

Love is in the air, and wedding season is officially upon us. As brides try on dresses, flowers are picked and grooms are inevitably dragged to endless venues, the retail industry is also gearing up. eCommerce company Wayfair decided to dig into its registry data to uncover how the tastes of couples today are shifting from the baby boomer generation.

eCommerce 44

eCommerce Retail 44

PYMNTS

JULY 14, 2017

Shaping the future of retail is not a concept that shoots to the top of the list when the industry thinks of senior citizens. When it comes to senior citizens, the retail industry typically has reached out to share discounts , what stocks to buy or alerting them to various scams. SNL did a skit this year that specifically featured senior citizens and their interactions with Amazon’s Alexa.

Retail 43

Retail eCommerce Securities Investments 43

PYMNTS

JULY 11, 2017

Experian recently reported that it has unveiled Text for Credit, a credit application initiated and completed via text message. The company said in a release that the methodology helps reduce application time and also eliminates the risk associated with paper-based processes. In one cited use case, an applicant “interested in taking advantage of a store credit card incentive” could secure the card using Text for Credit through his mobile device.

Securities 43

Securities Sales Retail 43

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Accounting

PYMNTS

JULY 14, 2017

Citigroup results came in better than expected for the second quarter, the firm said Friday, buoyed by growth in emerging markets and its overall loan portfolio. Earnings were $1.28, compared with the Street at $1.21, and revenue was also above the Street at $17.9 billion, versus $17.5 billion expected. The overall revenue growth came as North America’s top line was up five percent and emerging markets were up 10 percent.

Sales 43

Sales Banking Securities Retail 43

PYMNTS

JULY 14, 2017

A new study by J.D. Power has found that while more Canadians are utilizing and happy with mobile banking, customer satisfaction with other banking channels and services is on the decline. According to a press release announcing the news, the J.D. Power 2017 Canadian Retail Banking Satisfaction Study, in conjunction with the J.D. Power 2017 Canadian Banking App Satisfaction Study, found that mobile banking usage among customers has nearly doubled over the past three years, with 43 percent of re

Banking 43

Banking Retail 43

PYMNTS

JULY 14, 2017

The mobile industry today encompasses so much more than it did 20 years ago, and even just 10 years ago. From hailing a cab to finding a pet sitter and more, mobile has helped to, for lack of better words, mobilize nearly every other industry around it. In today’s Today in Data piece, we focus on the various announcements attached to mobile-related endeavors.

Numbers 43

Numbers Banking 43

PYMNTS

JULY 14, 2017

JPMorgan Chase posted results that helped kick off earnings season Friday morning. The firm showed traction in its loan book, mobile efforts and credit card portfolio. The headline numbers showed the largest U.S. bank (as measured by its asset base) beat Wall Street expectations. In remarks delivered in tandem with the earnings release, CEO Jamie Dimon said, “The U.S. consumer remains healthy, evidenced in our strong underlying performance in Consumer & Community Banking.

CFO 43

CFO Banking Sales Investments 43

Advertiser: Paycor

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