PYMNTS
AUGUST 17, 2016
Selfies or vacation photos are apparently a big business. Seriously. Pixlee , a San Francisco-based startup, allows retailers or brands to market directly to customers by using their own photos through curating them from social media or having the customer directly submit them for use, which the company says leads to a more authentic and engaging shopping experience for consumers.
Planful
AUGUST 17, 2016
Increasing demand from aging populations, chronic/lifestyle diseases, treatment, and technology advances are driving growth. However, new regulatory requirements and efforts by governments, health care providers, and health plans to reduce costs are dramatically altering the health care demand and delivery landscape. These forces are creating a number of challenges for Finance departments in Life Sciences companies: Supporting high growth in a dynamic and demanding industry.
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PYMNTS
AUGUST 19, 2016
In its seventh year collaborating with Stand Up To Cancer , Mastercard announced that its cardholders helped to raise $4 million during the annual Dine Out campaign. Cardholders were invited to donate to the cause and give back by dining out and sharing their reason for fighting cancer. The campaign, which ran for a period of time this summer, saw Mastercard make a donation to Stand Up To Cancer each time a cardholder spent more than $10 for a qualifying meal using their Mastercard card.
PYMNTS
AUGUST 16, 2016
Millennials may know something that their older counterparts haven’t figured out yet: Cash is better than credit cards. That’s according to data from the Federal Reserve that shows that the number of people under the age of 35 in the U.S. that own a credit card has dipped to the lowest point since 1989, when the Federal Reserve started collecting data on credit card ownership.
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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
PYMNTS
AUGUST 19, 2016
There were more robots ordered for manufacturing and business purposes in the first half of 2016 than at any point ever before, according to the Association for Advancing Automation (A3). A3 says the rise in automated manufacturing “promises increased efficiencies in production and the ability to compete globally.”. In total, 14,583 robots, at a value of $817 million, were ordered by North American companies during the first half of 2016, according to A3, which is a record and a 2 percent growth
Corporate Finance Brief brings together the best content for corporate finance professionals from the widest variety of industry thought leaders.
PYMNTS
AUGUST 16, 2016
Bitcoin is going more mainstream in Africa, if the United Nations has anything to do with it. On the United Nation’s OnlineVolunteering.org website, the agency said it is looking for volunteers to help boost the adoption of the digital currency in Africa. The post says it is looking for qualified people to work for free to help educate the young people of Sierra Leone about bitcoin.
PYMNTS
AUGUST 18, 2016
PayPal has made its latest strategic moves in the B2B payments space. Reports on Wednesday (Aug. 17) said the payments company has integrated with SME accounting platform Xero to allow small business users to use PayPal to pay the invoices generated on the Xero platform. Their collaboration will see the launch of a PayPal Express Checkout option for small businesses, reports said, enabling companies to pay their invoices as soon as they’re received.
PYMNTS
AUGUST 19, 2016
Income-driven repayment plans for federal student loan borrowers may not be as great as they are billed. That’s according to the Consumer Financial Protection Bureau (CFPB) Student Loan Ombudsman, which released a report showing consumers complain of servicing problems that make it hard to get lower student loan payments tied to their income. According to the CFPB, the delays and rejections can often result in increased interest charges and lost eligibility for other federal benefits and protec
PYMNTS
AUGUST 19, 2016
Russia’s love-hate relationship with digital currency continues. One minute officials are threatening to punish bitcoin operatives and traders, the next minute they are suggesting that citizens can use bitcoin “in areas where such activities are legal.”. A few days ago, Cryptocoinsnews said that Russia’s announcement that it would penalize whoever is involved in bitcoin operations would “end two years of speculation” on Russia’s stance.
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PYMNTS
AUGUST 18, 2016
Big Data is big business. That’s become pretty much gospel for brands, retailers and marketers alike. And one of the most valuable forms of data right now is behavioral data because it tells a retailer or brand where a customer or potential customer goes, does and spends their time and money on. In other words, it’s a lot of that uber-valuable type of data.
PYMNTS
AUGUST 19, 2016
As the instances and threat of ransomware continues to wreak havoc on both businesses, governments and individuals around the world, it seems as though bitcoin has found itself closely intertwined with the malicious software. As The Wall Street Journal pointed out on Friday (Aug. 19), cybercriminals have earned millions through ransomware schemes of encrypting computer systems and files, only to hold them hostage for ransom.
PYMNTS
AUGUST 19, 2016
Back-to-school shopping season may be in full swing, but holiday shopping season will soon be on deck after that. And one exec from Merkle , the data-based marketing agency with over 100 prominent retail clients, believes retailers need to start planning their holiday shopping strategies now. Ryan Gibson, executive vice president of marketing strategy at Merkle, provided a series of tips and insights to retailers during a presentation at the eTail East summit in Boston on Thursday (Aug. 18) enti
PYMNTS
AUGUST 18, 2016
Software company Hypersocket Software is warning businesses that they should pay attention to what the recent data breach at accounting company Sage means for them. In an release on Wednesday (Aug. 17), Hypersocket said Sage’s data breach brings the issue of insider threats to light and reveals the need for better access control within the enterprise.
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.
PYMNTS
AUGUST 19, 2016
The Olympics are about sports – undeniably. Sure there’s the part about international community and the peaceful interaction of nations – but there is a reason people from around the world tune in, en masse, to the Olympics and not to the U.N. when it is in session. Both are important to a more peaceful world, but Usain Bolt will never win a triple-triple at the U.N.
PYMNTS
AUGUST 18, 2016
Ajay Kapur, CEO of Moovweb , a mobile path-to-purchase consulting firm that is trying to solve the conundrum of shopping cart abandonment, recently sat down with PYMNTS at the eTail East summit in Boston to share his views on where he thinks the future of the eCommerce payments is headed – and how it can help more merchants make sure that carts are checked out, instead of abandoned.
PYMNTS
AUGUST 15, 2016
Who doesn’t like it when a customer walks back through that door or buys another item from the website? But what is it that makes a customer “loyal” to a brand? And how can retailers harness and exploit this trait? The folks at Internet Retailer took a look at brand loyalty, the importance of customer retention programs and why it’s cheaper to retain an existing customer than market to a new one by surveying hundreds of eCommerce companies and executives.
PYMNTS
AUGUST 18, 2016
Wheelys Café , a Swedish-based startup business that is a fully organic bicycle café that sells everything from coffee to apples and other healthy foods, has raised $830,000 in crowdfunding on the Swedish crowdsourcing site FundedByMe for expansion purposes, according to TechCrunch. This is just the latest in a series of positive news for Wheelys Café, which has also found itself backed by Y Combinator to plot a future as a potential competitor to Starbucks and has raised $150,000 in funding i
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.
PYMNTS
AUGUST 18, 2016
[link]. We all know teenagers have a tendency to be a bit rebellious. While some may be skipping school or making prank calls, there’s a growing demographic of teenagers out there with a new, more illicit hobby. Fraud. When it comes to fraudsters it’s easy to think of them as a faceless, nameless group of cybercriminals that come out to wreak havoc on payment systems and then retreat back to the hidden corners of the dark web.
PYMNTS
AUGUST 19, 2016
Book lovers might want to rejoice — or at least, there’s new data that shows book sales on the rise for the first time in years, which could harken a potential return for the struggling bookseller industry. According to information compiled by Statista , U.S. bookstores had their first positive sales year last year since 2009. Bookstores sales were up 1.9 percent total in 2015 to just over $5 billion, after years of sharp declines since 2009 that sometimes saw losses of over 7 percent of total s
PYMNTS
AUGUST 18, 2016
Marketing pioneer John Wanamaker famously said “half the money I spend on advertising is wasted; the trouble is I don’t know which half.”. With the Chief Marketing Officer Council expecting marketers to spend more than $500 billion on advertising this year, the half that’s potentially being wasted is no small problem. Furthermore, measuring how effectively and efficiently those dollars are being used can be difficult.
PYMNTS
AUGUST 19, 2016
Customers’ tastes, habits, preferences, opinions and attitudes are constantly shifting. A new study looking at the changing habits of consumers explores the role that social currency has in influencing consumers’ shopping habits and preferences. So what is social currency? Put simply, social currency is anything that a consumer shares about themselves – be it online, via social media or in person – because they believe it will make others like them.
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.
PYMNTS
AUGUST 19, 2016
For credit card companies, customer satisfaction matters — and matters a lot. And when it comes to satisfaction, Discover gets top billing for the third year in a row, according to the J.D. Power 2016 U.S. Credit Card Satisfaction Study. In a press release highlighting the results of the survey, Discover said it received a total of 827 points out of 1,000, surpassing the rest of the industry by an average of 31 points.
PYMNTS
AUGUST 18, 2016
One Call Care Management , the provider of cost containment services for the workers’ compensation industry, announced on Wednesday (Aug. 17) that it inked a partnership with Lyft , the ride-hailing app that got a huge investment from General Motors earlier this year. In a press release , One Call Care Management said that it tapped Lyft to provide non-emergency patients with transportation.
PYMNTS
AUGUST 18, 2016
The financial messaging service known as SWIFT — which operates as a bank-owned consortium and helps payments in the billions of dollars move globally — has been beset by security flaws, has known about those flaws and has done little to address those flaws. So reported Reuters on Wednesday (Aug. 17), as the newswire said that more than a dozen current and former SWIFT officials maintained that security issues beset smaller banks that are among the 10,000 banks that use the service across more
PYMNTS
AUGUST 19, 2016
In this week’s edition of PYMNTS’ Weekly Tech Center Roundup , we explore the richness of Tokyo, Japan and its potential to be a tech hub powerhouse. Before we jump into the post, here are a few quick facts about Tokyo and its tech scene: Tokyo, Japan has an estimated population of over 13 million people. With a GDP of nearly $1,520 billion per capita, the city is considered the wealthiest in the world and contributes heavily to the global economy.
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