Sat.Jan 02, 2021 - Fri.Jan 08, 2021

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How Mexico’s Central Bank Plans To Move Payments To Digital

PYMNTS

In Mexico, the pandemic is moving the needle toward digital payments — specifically mobile payments — to become more widely embraced by businesses and consumers alike. Slowly. In an interview with PYMNTS' Karen Webster, Miguel Diaz , general director of payment systems and market infrastructures at the Central Bank of Mexico (Banxico), said that making and receiving payments across devices in an affordable manner, with faster payments infrastructure already in place, means that “every Mexican

Banking 145
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Top 5 Net 30 Vendors for Building Business Credit

Business Credit Blogger

Net 30 Vendors for Building Business Credit In today’s post we’re going to share with you our top five net 30 vendors for building business credit. Best of all, these five vendors will extend credit to your business without a personal credit check or personal guarantee. Whether your business is just getting started or if […]. The post Top 5 Net 30 Vendors for Building Business Credit appeared first on Business Credit.

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Increasing sales accuracy in uncertain times

Anaplan

“Past performance is not indicative of future results.” We’ve all heard that disclaimer recited or printed in ads, mutual fund prospectuses, or nearly any investment advice. And the more we’ve heard it, the easier it was to tune out. But the shocks from events like global pandemics have demonstrated that it’s practically a universal truth. […].

Sales 59
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Atlanta Classical Academy: Another Successful Platform Transition

https://trustedcfosolutions.com/feed/

Trusted CFO Solutions is proud to announce that our client Atlanta Classical Academy (ACA) has successfully transitioned to Sage Intacct. ACA, a non-profit charter school, has successfully transitioned all their historical data to Sage Intacct , using Multi-Dimensional Data Conversion Solution (MDCS). This workflow quickens and eases transitions on historical data when transitioning to Sage Intacct.

CFO 57
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How to Build the Ideal HR Team

HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.

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Robinhood May Sell Shares Directly To Users If It IPOs

PYMNTS

Robinhood is considering selling shares directly to its users if it opts to hold an initial public offering (IPO). The FinTech group is reportedly mulling setting aside a significant number of shares for users if it goes public, but it has yet to make any final decisions, according to Bloomberg, who cited unnamed sources. Bloomberg notes that such an offering would be unusual, as retail investors generally do not get an opportunity to participate in an IPO at the offering price.

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It’s time for treasurers to say goodbye to spreadsheets

CS Lucas

The financial world is steadily moving towards total digitization. Digital landscapes make dealing with payments, across multiple currencies and banking relationships easier to visualize and quicker to execute. However, in order to fully utilise the speed digitization offers, we need to say goodbye to manual spreadsheets and move towards automated systems.

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Understanding Key Performance Indicators

Creative CFP

Key Performance Indicators do just what they say on the box; they indicate how well your business is performing in key areas. If we liken a business to a vehicle, KPIs are the dashboard. They can answer questions such as: How fast are we going? How much fuel is in the tank? Should we change gears? Just as you would check your car’s dashboard while you drive, so you should also keep an eye on your KPIs as a business.

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Jumio Sees Vaccine Passports Intersecting With Digital ID

PYMNTS

For the travel industry, there is light at the end of the tunnel. Vaccines against COVID-19 are (slowly) being rolled out. And while it will take a while to return to any semblance of normal, cruise ships and airlines will at some point once again bustle with travelers journeying for business and pleasure. But no matter where crowds gather, it’s likely that some things will change.

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How CFOs can plan for cloud adoption

Future CFO

Lee Thong Tan (pictured), CFO Practice Lead, Asia at Workday shares with FutureCFO audiences why cloud is important for finance post-pandemic. Future CFO: Some surveys indicate that companies expedite their digital transformation during the current pandemic while the finance function is interested in tech like RPA and e-invoicing. So why should CFOs adopt cloud post-pandemic?

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Planning Your Restaurant's 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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Are Cheaper Funds Really Better Bets?

CFA Institute

Investors should be agnostic to absolute fees, and instead rank investment options on their value added net of costs.

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What is S&OP?

Jedox Finance

Sales and operations planning, or S&OP, is essentially an integrated business planning process, though some consider the latter more holistic and inclusive. In this blog post, we answer questions including what is S&OP, what it is used for and how it provides value to organizations. . S&OP is a process by which sales plans and business goals get aligned with all other functions in an organization and vice versa.

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New Year’s Resolution: The Clearing House Urges Banks To Become 24/7 Operations

PYMNTS

Whether it was helping small businesses get their PPP payments or convert to eCommerce, getting cash in the hands of workers delivering food, or accommodating digitized mortgage closing and escrow activity, the coronavirus has foisted a lot of change on the financial services industry in a short amount of time. “A lot of what the pandemic did was force our industry to truly be digital, to facilitate frictionless transactions,” TCH Senior Vice President Elena Whisler said in a recent conversation

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Skill confidence high among Hong Kong professionals

Future CFO

Hong Kong has a higher number of working professionals who think their hard skills and soft skills are sufficient to succeed and stay relevant in the next three to five years, said Hays that recently released a report titled Uncovering the DNA of the Future Workplace. The report is based on a survey of more than 9,000 working professionals in Asia in February and again in September 2020, the recruitment agency noted, adding that the overwhelming majority of respondents in Hong Kong regard upskil

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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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2021 US Wealth Management Outlook: Becoming “Essential” Financial Advisers

CFA Institute

The pandemic has made meetings more personal, technology more integral, and advice more holistic.

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BBVA To Close Simple, Move Customers Over To BBVA USA

PYMNTS

Customers of Simple Bank are receiving emails telling them the bank is closing and that the intent is to transfer them to BBVA , a report from Talk Android says. After Simple Bank launched as an online bank specializing in high-interest savings accounts, the current economic climate ended up making it unfeasible. So BBVA pulled the plug. Talk Android posts a letter from the company in which it says there will be "no immediate impact" to accounts and that users don't need to do anything right now

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Crypto Market Tops $1 Trillion As Bitcoin Smashes Records

PYMNTS

Bitcoin hit more than $37,700, a new record high that helped drive the cryptocurrency market beyond $1 trillion, CNBC reported on Thursday (Jan. 7), citing data from CoinDesk and CoinMarketCap. At about 2:42 p.m. Singapore time, bitcoin was up 5 percent over the day before. Since the start of 2021, the cryptocurrency market is up 29 percent, and in the past 12 months, it is more than 380 percent higher.

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Crypto Trading Volumes Hit Record $68.3 Billion On Monday

PYMNTS

Trading volumes on cryptocurrency exchanges have been doing extraordinarily well this week, hitting a new record volume of $68.3 billion, Reuters reported. The surge shows how strong trading has been lately, according to Reuters. Bitcoin reached $34,800 on Sunday (Jan. 3), compounding its 2020 rally that catapulted it to quadruple as big U.S. investors got into the mix, Reuters reported.

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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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FinTech Jeff Aims To Boost Lending To The Underbanked In South Asia

PYMNTS

With no credit scores, limited financial transaction histories, and a huge amount of people who don’t even have a bank account, lending money in Vietnam is no simple task. While most financiers would run from an environment like that, CEO Toms Niparts of Jeff , an app-based lending platform based in Latvia, saw it as a huge opportunity. “We are only focused on Southeast Asian economies where financial inclusion is really a problem,” Niparts said in a recent chat with PYMNTS about his newly launc

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Stimulus Check Visa Debit Cards Being Mailed To 8 Million Households

PYMNTS

Roughly 8 million stimulus check Visa debit cards are being mailed to households this week, the U.S. Treasury Department said in a press release on Thursday (Jan. 7). . The Economic Impact Payment (EIP) cards were issued by MetaBank, N.A. as part of the second round of COVID-19 stimulus money. Stimulus funding under the CARES Act totaled more than $270 billion.

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From Cash Registers To Curbside, Innovation Continues To Drive NCR’s Digital-First Journey

PYMNTS

In a year that has seen almost unthinkable hardship and economic disruption from the global pandemic, two basic business tenets have emerged as key drivers of adaptation and progress. And according to Doug Brown, senior vice president and general manager of digital banking at NCR , simplicity and innovation have turned what could have been a disastrous year into a transformational pivot for the better.

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Equifax Strikes Deal To Buy Kount

PYMNTS

Equifax has inked a deal to purchase artificial intelligence (AI)-powered fraud prevention and digital identity technology provider Kount for $640 million. Kount’s staff members will become a part of Equifax’s United States Information Solutions (USIS) business unit and will still be based in Boise, Idaho, according to a Friday (Jan. 8) announcement.

Leverage 118
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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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Report: Alibaba Founder Ma OK But 'Lying Low'

PYMNTS

After a short period of time in which Alibaba Founder Jack Ma’s whereabouts were unknown, CNBC has reported that Ma is not missing. Ma, according to the report, has been "lying low" amid several controversies between his companies and the Chinese government. Several news outlets had reported that Ma hadn't been seen in person since last October, when he spoke at a forum and criticized what he perceived as the government's overly strict regulatory rules.

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Do The Math: COVID Shows How Easily The Healthcare System Is Overwhelmed

PYMNTS

Even though he thinks waves of the coronavirus will be around for at least another year or two, LeanTaaS CEO Mohan Giridharadas said that at least one side effect of the pandemic could affect the healthcare system forever. “I think what COVID has done is put a bright spotlight on how hard it is to manage [healthcare] capacity and how easily a system that is operating on the edge of capacity can get overwhelmed,” Giridharadas said in a recent conversation with PYMNTS.

Math 115
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QR Codes Set To Move From Sideshow To The Main Payments Stage

PYMNTS

While QR codes have become an extremely prominent part of the payments landscape in the Asia Pacific region in general and in China specifically, in the U.S. they’ve mostly been relegated to the periphery of the payment and commerce ecosystems. But they weren’t totally ignored in the country, with individual brands and merchants using them in specific one-off applications.

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How SMBs Prepare For A New Era Of Employee Expenses

PYMNTS

With the pandemic dramatically, and potentially permanently, altering the way business is done, the future of corporate travel remains uncertain. Industry executives are torn on when and how business trip spending will return. Bill Gates, for instance, predicts that half of business travel will entirely disappear, while Southwest Airlines CEO Gary Kelly anticipates it will be between five and 10 years before corporate travel bounces back, according to CNBC reports.

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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.