Sat.May 27, 2017 - Fri.Jun 02, 2017

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Visa Upgrades Systems To Support 3D-Secure 2.0

PYMNTS

Visa announced Tuesday (May 30) that it is rolling out enhancements to its Verified by Visa service, a global solution designed to make online purchases more secure by helping ensure payments are made by the rightful owner of the Visa account. In a press release, the credit card company said that with the upgrade, financial institutions and merchants would be better able to authenticate consumers and reduce fraud on transactions made via a mobile or desktop browser, app or connected devices.

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Is 5G The Oxygen Connected Cars Need To Ignite?

PYMNTS

The world is becoming an increasingly connected place such that internet connections aren’t just for phones and computers anymore – appliances, household systems, dog collars, hair brushes, cars and VR headsets are just a short sampling of the world of things looking for secure, consistent connections to the web. By most estimates there are 6.3 billion such devices as of today – by Gartner’s estimate, that number will have exploded to over 20 billion worldwide by 2020.

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Supply Chain Execs Tout Their Support For Blockchain

PYMNTS

Complex supply chains have been the focus of blockchain innovators as of late as they explore how distributed ledgers can streamline and safeguard the transmission of paperwork and funds across borders and between companies. But the latest analysis from Chain Business Insights suggests supply chains will have to wait to see any positive disruption from blockchain.

Finance 71
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CFPB: Older Consumers Log Most Payments Complaints

PYMNTS

The Consumer Financial Protection Bureau released its monthly complaint report Wednesday (May 31) that showed older consumers frequently report servicing problems with reverse mortgages, difficulties recovering money after financial scams, confusion around deferred interest credit cards and frustration when experiencing charges for unauthorized add-on products.

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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.

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Can Cannabis Commerce Go Online?

PYMNTS

Though cannabis and its consumption can be a contentious topic, particularly between the U.S. Congress and the sitting attorney general, it is not terribly controversial to note that marijuana and its consumption has gotten much, much more mainstream. As of the most recent surveys, 60 percent of Americans support marijuana legalization. And that support’s breakdown by age cohort might surprise you some.

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WEX Loops Into APIs With Crawler2api

PYMNTS

Corporate payments firm WEX is teaming up with Crawler2api to facilitate transactions within Crawler2api’s real-time API services. Their collaboration , announced Tuesday (May 30), will see Crawler2api integrating WEX’s payment solutions; Crawler2api already facilitates transactions that work with the custom APIs it builds. Integrating with WEX means further automation of those transactions, the companies explained.

B2B 60
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Regulators Treading Slowly But Surely Into FinTech

PYMNTS

FinTech has no doubt changed the face of the financial services industry in the U.S., but experts are beginning to question how it will impact regulation. Reports in Reuters on Friday (May 26) explored how industry players are examining the future of financial regulation as FinTech continues its disruption. “It has ended banking as we know it,” said chief business development officer of Digital Asset, Chris Church, at an International Monetary Fund meeting this year.

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Restaurants’ Future to Include Robots and Drones

PYMNTS

The restaurant industry is having a moment of evolution. With the various devices consumers use in everyday life, it should come as no surprise that the food service industry is looking to get in on the game. At the 2017 National Restaurant Association Show in Chicago, Cicely Simpson, the organization’s executive vice president of government affairs and policy, and the Texas Restaurant Association’s vice president of marketing and innovation, Anna Tauzin, discussed the digitalization

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Quick Service Restaurants to Boost Up Tech Use

PYMNTS

The quick service restaurant industry is always trying its best to find new ways to reinvent itself. While some sit down restaurants have already started integrating technology into their dining experiences, the fast food industry is jumping in on the trend. The latest to join in is McDonald’s with its announcement of adding on kiosks to its locations in its “Experience of the Future” campaign.

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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

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Canada Central Bank Votes ‘No’ On Blockchain — For Now

PYMNTS

After an inquiry to examine the potential for blockchain to play a role in the nation’s interbank system, the Bank of Canada has ultimately decided against the technology. Reports Friday (May 26) said the central bank revealed its views in an article for The Globe and Mail publication, penned by Senior Deputy Governor Carolyn Wilkins as well as Payments Canada’s Gerry Gaetz.

Banking 50
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Starbucks Opening Two New Locations To Boost Minority Business

PYMNTS

Starbucks announced that it will open stores in Dallas, Texas and Trenton, New Jersey as part of its program to invest in at least 15 underserved communities across the nation by 2018. According to Chain Store Age , the store in Dallas will open in spring 2018, while the one in Trenton will open later this year. Starbucks has opened six similar stores so far, including in Ferguson, Missouri, central Phoenix, and East Baltimore.

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Tech Giants Acquiring Startups At Rapid Pace To Boost Leads In AI

PYMNTS

There was a total of 34 artificial intelligence startups acquired in the first quarter of this year, more than twice the amount from the same quarter one year ago. According to Reuters , research firm CB Insights found that the tech giants looking to strengthen their leads in AI or make up for lost ground have been the most aggressive buyers. Google has acquired 11 AI startups since 2012, the most of any firm, followed by Apple , Facebook and Intel , respectively.

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What Is A Payment Factory — And Who Needs One?

PYMNTS

What’s a payment factory? Even Google can’t give you a straight answer— but Bob Stark, vice president of strategy at Kyriba, will shed some light on this on June 8, when he sits down with PYMNTS.com CEO Karen Webster for a live digital discussion. Kyriba’s clients benefit from global cash visibility, financial control and increased productivity across the organization via software-as-a-service (SaaS) treasury technology.

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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.

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Wave Lands $24M To Focus On AI For SMB Finance

PYMNTS

Small business software startup Wave announced today (Tuesday, May 30) that it secured $24 million in new funding as it looks to integrate more financial solutions into its offering. The company revealed the funding from an array of backers including National Australia Bank, Royal Bank of Canada, Portag3, and Exhibition Capital. Existing investors CRV, Social Capital, BDC IT Venture Fund and BDC Capital, OMERS Ventures, HarbourVest and OurCrowd also participated, Wave said.

Finance 49
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PlacePass Unlocks Local Experiences For Marriott Guests

PYMNTS

Why be an outsider when you could be an insider? Why simply “travel” when an immersive local experience is available at the tap of a touchscreen? Today’s traveler wouldn’t settle for anything less, so that’s what Airbnb delivers – and it’s giving hotels a real run for their money. Enter PlacePass and GoBe, two activity-booking platforms that are allowing tourists who stay at hotels to make their journey ever more personalized and local, and ever less, well, touristy.

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Sprig Couldn’t Cut It In Food Delivery Space

PYMNTS

On-demand food-delivery service Sprig won’t be growing any bigger than its namesake. The San Francisco-based company announced Friday (May 26) that it was shutting down, joining the ranks of food delivery apps Maple, Spoon Rocket and Ola. Friday was Sprig’s last day in business. “No question, I’m sad that the Sprig model did not work out,” CEO Gagan Biyani said in an email that circulated to the app’s users on Friday.

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An App A Day Keeps Grocery Shoppers Coming Their Way

PYMNTS

Serving society’s appetite for socially conscious company behavior, Longo’s grocer in Toronto has introduced Flashfood , a mobile app that enables its shoppers to buy surplus groceries at a deep discount, thus reducing food waste and serving customers on tighter budgets. Flashfood users receive notifications when new deals become available and can then open the notification to pay virtually.

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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.

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Feed.FM And The Soundtrack Of Spending

PYMNTS

When most people think of the music that tends to accompany shopping, their first association is probably Muzak — and it probably isn’t wholly positive. “Muzak – bringing bad music to an elevator near you,” Feed.FM CEO Jeff Yasuda noted of Muzak’s long and illustrious reputation. And while it is easy to write Muzak off as the place one hears all of todays best pop songs – as interpreted by Kenny G – it is also easy to forget two things, Yasuda said

Retail 48
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NEW REPORT: Can mPOS Help Merchants Step Up Their Omnichannel Juggling Act?

PYMNTS

Modern technology has given retail merchants a multitude of new tools to help run their businesses, but it’s also given them plenty of processes they need to juggle in order to find success. But perhaps some help from mPOS technology can make the juggling act a bit easier? The June PYMNTS mPOS Tracker™ features news and headlines about companies looking to use mobile technology to make everything from mobile payments to mobile technology integration easier for retail merchants.

Retail 47
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MobileBytes Launches New Update For Online Ordering

PYMNTS

MobileBytes , the point of sale (POS) for iPad innovators, has released its next-generation software update for online ordering. According to PointofSale.com , this latest update includes the ability to easily create specials and promotions for online orders, as well as allowing restaurateurs to automatically disable the sale of menu items that have key ingredients out of stock.

Sales 47
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Retail Jobs May Not Be In Jeopardy Yet

PYMNTS

Year after year, the retail industry typically welcomes a new influx of workers across all of its verticals. In the past few years, some in the industry have likely had a growing concern due to the continual brick-and-mortar closings around the country. As it turns out, retail industry jobs are actually seeing growth and better pay in the e-commerce arena.

Retail 47
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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.

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Warby of X: Doppler Labs’ AI Hearing Aid, Here One

PYMNTS

Imagine being able to filter out the sounds around you or adjust the volume of certain parts of those sounds. Through its augmented intelligence embedded earbuds, startup company Doppler Labs may just make the listening experience more customizable for each individual. Whether it’s listening to a favorite song, blocking out all external noises or blending the two together for a more enjoyable bike ride into work, Doppler Labs’ Here One earbuds may help bring people’s ideal experience a bit

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ING Says Most People Wouldn’t Trust A Bot With Their Money

PYMNTS

ING released the results of its latest international survey on mobile banking, finding that while people are using their smartphones and tablets to perform banking tasks, they aren’t comfortable with giving up control of their finances to their computers. The survey compared results in 13 countries throughout Europe, as well as the United States and Australia.

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Catching Criminals Difficult Due To Spread Of Government Cyber Tools

PYMNTS

Sophisticated government spying tools are spreading like wildfire in the underground criminal market. As a result, amateur hackers are being mistaken for high-profile, government groups. Symantec Security, a leading security research firm, raised this concern in a recent blog post. Researchers highlighted the case of a Russian cybercriminal, who was nicknamed Igor by Symantec analysts.

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Denny’s Announces New Chief Information Officer

PYMNTS

Denny’s Corp. has named Michael Furlow its new chief information officer and senior vice president of information technology. Food Business News reports that prior to joining Denny’s, Furlow was chief information officer for Red Robin Gourmet Burgers from October 2015 to April 2017. He previously spent four years as senior vice president of information technology at CEC Entertainment and was at Brinker International as senior vice president of information systems for six years.

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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.

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Symantec Says Malware Tops Ransomware As FI Threat

PYMNTS

Symantec, a cybersecurity firm that specializes in research and cloud-based security, released new insights surrounding financial malware and ransomware in its latest Internet Security Threat Report (ISTR). According to the company, financial threats, with more than 1.2 million detections per year, are up to 2.5 times more widespread, compared to ransomware.

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Turning T-Shirts Into A Marketplace

PYMNTS

In an average human lifetime – most people are bound to come up with one truly good T-shirt slogan. But, until very recently, many of those ideas were cast by the wayside because making and marketing T-shirts is a bit more work than the average amateur slogan-smith is able to do. But in 2011, two Brown University seniors, Walker Williams and Evan Stites-Clayton, discovered how hard bringing T-shirts to market was when they tried to create a website to sell T-shirts commemorating the closing of t

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NatWest Developing Corporate Spend Management App

PYMNTS

NatWest is working with SpendLabs to develop a mobile app to help businesses manage their spend. Reports Monday (May 29) said the bank and the Silicon Valley-based startup have partnered to launch the ClearSpend app, a solution that enables companies to gain greater visibility of spend company-wide and at the commercial cardholder level, boosting control over commercial card spend.