Sat.Oct 22, 2016 - Fri.Oct 28, 2016

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How Visa And Intel Are Creating A Security Standard For The IoT

PYMNTS

While hacks have been nearly endemic over the last several years, they have, at this point, mostly faded to the level of background noise for the average consumer. Sure, the aftermath of having a card compromised is often annoying and involves changing cards stored in digital wallets and with subscription sites, but consumers know that their bank has their back.

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Enterprise Risk Management and EPM – Separate or Joined at the Hip?

Planful

Among the many great topics on the agenda at the Argyle CFO Leadership Forum in Dallas was a session titled “Managing and Minimizing Enterprise Risk.” The session was moderated by Bona Allen, Sr. VP and CFO of Kajima Building and Design, Inc. The panelists included Hari Avula, CFO of Frito-Lay North America; Erik Charles, VP of Product Marketing at Xactly; Amath Fall, CFO of Fleetpride; and Scott Frisch, COO at AARP.

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Got Gigs?

PYMNTS

Toasting new employment? Odds are increasingly good that you may be clinking your glass over your latest gig. The number of Americans working gig jobs — or short-term, ad hoc positions — grew at a rate of 50 percent from 2005 to 2010, while the gig economy gained 9.4 million new workers, outpacing the U.S. economy as a whole. But there is still much not known about this rapidly expanding portion of the economy, as the Bureau of Labor Statistics stopped collecting data on gigs in 2005 and won’t b

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When The POS Is The OS

PYMNTS

It may be easy to see First Data’s SMB POS Clover sitting on a merchant’s countertop and assume it’s just another nice-looking terminal that accepts payments. But as John Beatty , CEO and cofounder of Clover for First Data , explained, that would be overlooking what Clover really is — an operating platform that helps an SMB run its business, eliminating the need for the SMB to have multiple devices on the countertop that support other business-critical applications. “We’re starting to see

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Live Demo - Supercharge your Month End Close

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

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Are Connected Devices Threatening Payment Security?

PYMNTS

When one door closes, another (connected) one opens. At least that may be the mindset for the cybercriminals reportedly flocking to connected devices as an entry point into the networks and systems of businesses. From Wi-Fi hotspots to printers, unsecured routers to digital video recorders — connected devices can be vulnerable to hacks and, when compromised, are being used by hackers to launch significant distributed denial-of-service (DDoS) attacks.

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Identifying What’s Next In Digital Identity

PYMNTS

If you’re playing the slots in Vegas this week, there’s a good chance they’re coming up: Biometrics; EMV chip cards; Mobile security. Again. And if you’ve been following the Digital Identity Tracker™ (or just the industry itself) in the 12 months since last year’s Money20/20 conference in Las Vegas, these three topics have been constant newsmakers, as security providers and businesses alike look to offer top-notch protections in an age of rising fraud and cybercrime.

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Visa Takes Inspiration From Bitcoin For Cross-Border Payments

PYMNTS

Visa has its eyes set on an international prize, and it’s planning to take some cues from a new type of currency in order to win it. According to The Wall Street Journal , the company recently rolled out a new technology aimed at taking on a new market by offering international B2B payments. The product is called Visa B2B Connect and, according to recent reports, will use a network modeled after the one powering bitcoin to navigate the complex world of cross-border payments between two companies

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Are Retailers Missing Out On ‘Supershoppers?’

PYMNTS

Shoppers today just aren’t what they used to be. In fact, Google describes them as supershoppers — many of which utilize the power of their mobile devices to influence their shopping experience and, as a result, are more informed and efficient than ever before. According to recent data from Google, nearly 76 percent of shoppers who search for something nearby on their mobile device actually visit a related business within a day, and 28 percent of those searches lead to a purchase.

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Then And Now, PYMNTS’ First Seven Years Of Tracking Innovation

PYMNTS

If one were to ask the average person if 2009 feels like it was a very, very long time ago, odds are the answer you would get is “no.” At a quick glance, the world we live in today seems to be more or less similar to the world we lived in then. And sure, insofar as the world has avoided any major cataclysms or apocalyptic events in the last seven years, it is mostly the same place.

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Mid-Year Review: How to Ignite Employee Potential Through Meaningful Feedback

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.

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Is UX The Key To Mobile Wallet Breakout?

PYMNTS

Given the shift from traditional payment methods to alternative payments, such as digital wallets, not to mention the growing number of customers paying for goods and services using their mobile devices, there is clearly room for steadier, sizable growth in mobile wallet adoption. But what will it take for widespread adoption to take place? The answer, as it turns out, may actually lie within merchant eCommerce experiences rather than the wallets themselves.

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Bitcoin Tracker: Easy Access Is ‘Easier’ With ATMS & Gift Cards

PYMNTS

Is there a run on bitcoin? Before you panic, know that the answer is “certainly not yet.”. But after last week’s DDoS attack, there is some increased interest in hoarding them, specifically by banks. Some British banks are allegedly stockpiling bitcoin because they know that DDoS hackers will steer clear after being paid off. For the average consumer who may or not be aware of the value of the bitcoin — which today is hovering around $682 — or where they can access them, that could change.

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Connected Devices Become The Hacker’s Delight

PYMNTS

Picture this: It’s 8 a.m., and instead of waking up to the smell of your smart coffeemaker brewing a nice pot of coffee to start the day, your morning begins with an email from a hacker demanding $20 in bitcoin otherwise they’ll keep your coffee pot hostage until you do. It may sound a bit farfetched, but all you have to do is read the papers to realize that hackers are, literally, taking any connected device and turning it into a bot for their malicious botnet attacks — or holding them hostage

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Fraud’s Frightening Surge

PYMNTS

The brand new October 2016 Global Fraud Attack Index™ , a PYMNTS and Forter collaboration, has some scary news for retailers, and it has nothing to do with Halloween. According to data revealed inside the index, fraud is rising quickly. The rate of fraud attacks is up 39 percent in 2016 (through Q2), and the rate has risen 62 percent from Q3 2015. According to the latest data, 39 of every 1,000 transactions are subject to fraud, a 47 percent increase from Q4 2015 and a 14 percent increase from

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Your Accounting Expertise Will Only Get You So Far: What Really Matters

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.

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Say Hello To … Biometric Rent Payments?

PYMNTS

With new payment offerings constantly hitting the market, companies have to stay atop the latest technologies to ensure they’re meeting the needs of their consumers. Implementing new tech may be a challenge initially, but finding the right payment platform can provide opportunities to companies willing to take the leap. By providing customers myriad payment options, businesses can concentrate on their core business and daily operations and less on making sure they are keeping consumers satisfied

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Is Gigging The New American Workforce?

PYMNTS

According to the latest research in the inaugural PYMNTS.com Gig Economy Index™, younger employees are slated to change jobs four different times during their first 10 years after graduating from college, compared to their parents’ generation, which changed jobs just twice in the same span. But it’s not only the number of jobs that are changing; the type of work these jobs entail is shifting as well.

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Visa’s Massive Bet On B2B Blockchain Payments

PYMNTS

The FinTech space is oversaturated with talk of blockchain technology. Today, industry players seem to agree that innovators are slowly moving from conceptualization towards testing actual solutions. But late last week, Visa announced that it will be rolling out Visa B2B Connect, a platform for banks to make payments and settle funds across borders using Chain Core, the blockchain infrastructure developed by Chain.

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Connecting The Voice To B2B Payments

PYMNTS

The movement toward secure banking and B2B transactions is one that embraces digital payments. One way to ensure security is, of course, for enterprises to adopt new technologies that verify the parties involved in a transaction are who they say they are. One cutting-edge technology that is gaining some traction among enterprises is biometric authentication.

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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

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.

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The Globalization Of Late Payments

PYMNTS

The U.K. has taken some of the most high-profile actions to combat late B2B payments, but it’s a global problem, as the latest research reveals. PYMNTS explores newly released data from across Europe, Asia-Pacific and Africa that uncovers how SMEs and suppliers manage their cash flow amid chronic late payers. Plus, take a look at the top 10 excuses used by companies when paying their suppliers late. 92% of South African SMEs are planning for growth next year , found a new report by the Nat

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Why Vancouver Is A Magnet For Tech Talent

PYMNTS

Vancouver may not be the largest city in Canada, but it packs a mighty startup punch. The city has earned top rankings for its startup ecosystem, passion for green living and supporting a thriving job economy. . In this week’s installment of PYMNTS’ Weekly Tech Center Roundup , we head back to Canada to check out the growing tech landscape and why it’s become a magnet for top talent.

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Mastercard’s Masterpass To Be Part Of New OnStar Go

PYMNTS

Mastercard reportedly will be included as a payment option in a new intelligent dashboard that is being created by IBM Watson for General Motors. According to the report , the new platform, dubbed OnStar Go, will enable drivers to access merchants and brands so they can access shopping menus and purchase things using Mastercard’s Masterpass. The report noted that, with the new “cognitive mobility” platform, users can get gas and pay for it via the dashboard.

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The ABCs Of ATM Fraud

PYMNTS

Remember those skimmers? The ones at the ATMs in the back of the convenience stores that covertly took down your account numbers and PINs? The sketchy-looking wires and mirrors that tipped you off to possible financial shenanigans? You don’t really have to worry about those anymore. Because when it comes to ATMs, ATM operators have a lot more to worry about.

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Doing More With Less: The Modern Finance Miracle

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.

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Digital Security 2016: At The Crossroads Of Biometrics, EMV And Mobility?

PYMNTS

It’s been a busy 12 months since the last Money20/20, as new technologies and threats have disrupted the security space time and time again. As the conference kicked off in Las Vegas last October, merchants and retailers around the United States began dealing with the effects and fallout of October’s EMV liability shift, as the technology became the standard for all retail payments.

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UBS And Amazon Team Up For ‘Ask UBS’ Chatbot

PYMNTS

Investment bank UBS is reportedly teaming up with Amazon and its voice-enabled speaker, Echo, to let consumers ask Alexa financial questions. According to a report, the new service, dubbed “Ask UBS,” will let customers ask questions about financial terms, such as “what is inflation?” and “how is the economy faring?” The idea behind the service is to reach and engage new swaths of wealth management customers.

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To Be Or Not To Be OmniReadi?

PYMNTS

From ramping up free shipping offers to lowering prices on product offerings across multiple channels, merchants are constantly realigning their omnichannel strategy. What works well for merchants one quarter may not necessarily work the next. And what works successfully for one merchant may not work for another. Google, for example, is challenging the need for physical stores to sell its smartphone by pre-packing customer service on a support tab in its smartphone.

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Then And Now, PYMNTS First Seven Year Of Tracking Innovation

PYMNTS

If one were to ask the average person if 2009 feel like it was a very, very long time ago – odds are the answer you would get is “no.” At a quick glance the world we live in today seems to be more or less similar to the world we lived in then. And sure, insofar as the world has avoided any major cataclysms or apocalyptic events in the last seven years it is mostly the same place.

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Tariffs on the Table: How to Brief the Board and C‑Suite With Confidence

“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.