PYMNTS

SEPTEMBER 12, 2017

After something of a slow start, mobile eCommerce is set to make up half of all online sales by the year 2020 — worth nearly $250 billion annually. That forecast comes care of “A Mobile Mindset,” the second volume in the five-part series, “The 2017 UPS Pulse of the Online Shopper.” The UPS-backed report is derived from the input of over 5,189 comScore panelists who made at least two online purchases in a typical three-month period.

eCommerce 82

eCommerce Sales Forecasting Retail 82

PYMNTS

SEPTEMBER 15, 2017

The favored narrative about banks and FinTech startups is generally not a love story. Usually, it is more of an all-out war story. Banks represent the old way of handling financial services – and in fairness, they carry a lot of responsibilities that deposit-taking institutions don’t necessarily have. Of course, banks have to be run with safety and soundness to protect those deposits, but they also have myriad public mandates, like fair lending, anti-money laundering and customer privacy.

Banking 79

Banking Education Startups Risk Management 79

PYMNTS

SEPTEMBER 11, 2017

The research is clear: Just because a business is small does not mean it survives undetected from a cyberattack. In fact, some SMBs may actually be a bigger target for cybercrime. For example, small U.S. manufacturers working with overseas business partners operate with a heightened risk for cybercrime, according to research from Bank of the West. In some cases, it’s a small businesses’ global expansion that heightens their risk.

Securities 77

Securities Invoicing Education Manufacturing 77

PYMNTS

SEPTEMBER 14, 2017

By some accounts, the value of cross-border B2B payments could reach $3.68 trillion by 2025. With so much potential revenue at stake, there’s little wonder why merchants around the globe want to take their operations to the international stage. Before businesses can spread their global wings and reach new markets, though, they must first overcome their fears of engaging in global trade.

Education 76

Education Healthcare Currencies B2B 76

Advertisement

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

Accounting

PYMNTS

SEPTEMBER 14, 2017

Banks and FinTechs have been both competitors and collaborators in the financial services space. One of the key reasons for the complicated relationship – the term “frenemies” comes to mind – is that FinTech newcomers are demonstrating innovative approaches to traditional banking practices, including financial management services and money transfers, while older banks tend to be wedded to older systems.

B2B 76

B2B Banking Technology Investments 76

PYMNTS

SEPTEMBER 13, 2017

New payment and financial technologies are quickly emerging from the FinTech community, all with the promise of expediting payments and reducing the distance between cross-border trading partners. But, because these solutions — like Bitcoin — are largely untested, many traditional banks are wary of investing in companies that operate in the space. Could APIs, which can help banks quickly assess a company’s risk level, help these FIs invest where no (or very few) players have invested before?

Banking 76

Banking B2B Invoicing Healthcare 76

PYMNTS

SEPTEMBER 14, 2017

Google and Intuit are pairing up to help Australian small businesses (SMBs) get a better grip on cash management. Reports Wednesday (Sept. 13) said Google and Intuit Australia announced news of their partnership at the Google Cloud Summit, which was held in Sydney. As part of their initiative, Gmail now supports integrated eInvoicing using Intuit tools.

Cash Management 74

Cash Management Invoicing Accounting Technology 74

PYMNTS

SEPTEMBER 15, 2017

Bitcoin has been riding a bit of a rollercoaster in the past few weeks since hitting an all-time high of more than $4,800 per digital coin on Aug. 31. To continue the rollercoaster analogy, the cryptocurrency’s value has been on a steep climb all year, and it stands to reason that bitcoin’s skyrocketing value must eventually slow and reverse. What goes up must come down, as they say, and many are predicting that bitcoin’s time has come (or at least they’re hoping that’s the case).

Currencies 70

Currencies Investments Securities Planning 70

PYMNTS

SEPTEMBER 14, 2017

China revealed that it is creating a national cyberattack database and will require telecom firms, internet companies and domain name providers to report any threats to it. According to news from Reuters , the Ministry of Industry and Information Technology (MIIT), which is creating the platform, announced that companies and telcos – as well as government bodies – will be required to share information on cybercrime, including Trojan malware, hardware vulnerabilities and content linked to “malici

Education 69

Education Securities Planning Investments 69

Advertiser: Paycor

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.

PYMNTS

SEPTEMBER 11, 2017

Even as B2B payments progresses toward digitization, paper checks stick around. Analysts and industry players generally have their bets set on ACH to help guide accounts payable toward electronic payments, and indeed, research suspects ACH payments will finally surpass paper checks in corporate payments (the Federal Reserve’s latest data found it already has).

B2B 66

B2B Accounts Payable Invoicing Accounting 66

PYMNTS

SEPTEMBER 11, 2017

Equifax, the credit scoring company that suffered a data breach that impacted as many as 143 million Americans, is blaming a vendor software flaw in its online databases. According to a news report in the The New York Post , hackers were able to steal customers’ data — including Social Security numbers — due to a weakness in open source software developed by Apache Software Foundation.

Securities 66

Securities Numbers CFO Accounting 66

PYMNTS

SEPTEMBER 15, 2017

Amazon’s empire just keeps getting bigger, and although it’s conquered much digital territory, we’re actually talking about its geographical empire this time. In addition to the second headquarters Amazon plans to build in whichever U.S. city extends the best offer, it’s also got new offices and warehouses in the works both domestically and abroad. Concord.

Advertising 65

Advertising Planning Retail Startups 65

PYMNTS

SEPTEMBER 14, 2017

The wonders of the mobile-digital age at this point need no introduction – particularly when it comes to enabling an entirely new world of transactions. At the dawn of the digital era, consumers made transactions generally by cash, check or card – and almost always in a store. The world of payments and commerce was not terribly complicated. Flash-forward 17 years into the digital era, when people shop on computers, on phones and (increasingly less often) in stores.

Communication 65

Communication Sales Numbers Planning 65

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.

Accounting

PYMNTS

SEPTEMBER 14, 2017

Imagine shopping for a new outfit, computer or groceries and paying for the purchase with bitcoin. Yes, in a real store. Why not? Love or hate blockchain, there’s no denying that digital currencies have grown in popularity, and there is certainly a market for cryptocurrency acceptance at physical retail points of sale (POS). In fact, a few companies are even supporting it already, including Ingenico.

Currencies 65

Currencies Sales Investments Retail 65

PYMNTS

SEPTEMBER 13, 2017

There’s a ton of warehouse space in the United States today: about 14.5 billion square feet, according to Jonathan Rosenthal, chairman and co-founder of Warehouse Exchange. But that’s not the shocker, he told Karen Webster in this week’s Matchmaker. According to Rosenthal, the amount of space that goes unused on any given day is 4 billion square feet, or roughly 30 percent.

Manufacturing 64

Manufacturing Retail Marketing 64

PYMNTS

SEPTEMBER 11, 2017

“It is not about changing the swipe or dip to a tap; it’s about using a [smart]phone to do things that you could not otherwise do.”. In a nutshell, that’s what PayPal Chief Operating Officer Bill Ready said is both the problem with and the path forward for in-store mobile payments. The in-store commerce experience has been in need of a digital upgrade for a long time.

Sales 63

Sales Leverage Accounting eCommerce 63

PYMNTS

SEPTEMBER 12, 2017

Venmo is testing out a free debit card for select users that is linked to their accounts. According to a TechCrunch news report, the company is inviting select users to participate in a beta program. They will receive a free Venmo debit card that is attached to their Venmo account. Users can pay with the card in stores, online or as a mobile payment, and the money will be debited from their Venmo balance.

Accounting 63

Accounting Banking Numbers 63

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.

Finance

PYMNTS

SEPTEMBER 13, 2017

Sabre Corporation has published the results of its “ 2017 Asia Pacific Corporate Traveler Study ,” identifying two major trends driving business travel in the region: an increased emphasis on mobility and a growing concern over non-compliance. The company surveyed corporate travel professionals across 19 markets in the Asia Pacific region, including professionals at travel management companies and agencies representing corporate travelers.

Compliance 63

Compliance Prioritization Entertainment Risk Management 63

PYMNTS

SEPTEMBER 11, 2017

Where do analysts get their data? It’s not like they can just stroll up to a retailer like Data-R-Us and buy it … can they? Well, actually, they more or less can. It’s called a data marketplace , and it’s not just for analysts. These marketplaces are also popular destinations for businesses, governments and market intelligence agencies. What Is a Data Marketplace?

Sales 63

Sales Advertising Leverage eCommerce 63

PYMNTS

SEPTEMBER 15, 2017

In a survey of more than 500 small and medium-sized business (SMBs) accountants and bookkeepers, business and financial software company Intuit found a few factors that frustrate the profession. Reports Thursday (Sept. 14) said Intuit’s report found a lack of proper record-keeping landed at the top spot of the list of the biggest frustrations for small businesses’ accountants, with nearly three-quarters of professionals surveyed saying this was the most common problem they saw.

Accounting 61

Accounting Auditing Cash Management Finance 61

PYMNTS

SEPTEMBER 11, 2017

Bitcoin, the popular cryptocurrency, is facing increased scrutiny from government regulators in China, which are reportedly gearing up to close Chinese bitcoin exchanges. According to a report in Bloomberg , citing Chinese financial news website Caixin, the government has issued a document for local Chinese regulators to launch a shutdown of the exchanges.

Economics 61

Economics Banking Marketing 61

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.

Finance

PYMNTS

SEPTEMBER 15, 2017

In a recent TechCrunch article, on-demand restaurant delivery service DoorDash announced it is acquiring Rickshaw to boost same-day delivery offerings. Rickshaw is a Y Combinator graduate startup that helps businesses make same-day deliveries happen by pairing them with courier networks and managing the logistics of the last delivery mile. DoorDash had been working on a similar solution called Drive, a platform which was designed to provide users with access to its delivery network apart from it

Startups 60

Startups Retail 60

PYMNTS

SEPTEMBER 12, 2017

Despite Brexit, London remains the most attractive destination for finance, according to a new survey from The Z/Yen global financial centers index (GFCI), news reports on Monday (Sept. 11) said. According to Reuters reports, London banks surpassed New York City , Hong Kong and Singapore in the survey, which assessed 92 cities’ allure to the financial world based on a variety of factors, including access to talent and infrastructure.

Finance 60

Finance Restructuring Banking Planning 60

PYMNTS

SEPTEMBER 14, 2017

Credit and debit card payments processing company Vantiv and Visa announced news on Thursday that they have jointly debuted FastAccess Funding, which allows merchants to more quickly receive settlement payouts. FastAccess Funding is the first merchant payment solution available across Vantiv’s push-to-card platform. In a joint release , Vantiv and Visa said that the settlement time — received by merchants upon funding of debit cards — now takes minutes rather than one to three days, as is typica

B2B 60

B2B Securities Technology 60

PYMNTS

SEPTEMBER 11, 2017

Payments stocks were rather evenly dispersed across winners and declining issues this past week, shortened as it was for Labor Day. Square was the biggest gainer on the week, up 4 percent. The mobile payments firm announced plans last week to open up a physical branch in Utah, to be called Square Financial Services. The brick-and-mortar Square operation is slated to offer loans and also traditional deposit accounts to small businesses (SMBs).

B2B 59

B2B Accounting Planning Marketing 59

Advertiser: GEP

“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.

Numbers