PYMNTS
MARCH 5, 2016
In the early days of the smartphone, apps came upon consumers like tiny technological miracles sent from heaven to make their lives easier. “There’s an app for that” was more than a marketing pitch. For a short time, it became something of a lifestyle movement for consumers enamored of their one-tap access to everything. The love affair, however dizzying, was relatively short-lived as consumers began to realize two things simultaneously.
Planful
MARCH 9, 2016
Before searching for an enterprise performance management (EPM) software solution for your company, it’s essential to have all of the information up front. Here are a few top myths regarding performance management, so you can have the knowledge you need to find the right solution for your company. Myth: EPM software is best for large organizations.
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PYMNTS
MARCH 7, 2016
While some Asian country economies may be slowing down, the health of the online retail markets across the continent is booming. According to a recent report from Forrester, as reported on by ZDNet , total eCommerce revenue for China, Japan, South Korea, India and Australia is projected to nearly double in the next five years, from $733 billion in 2014 to $1.4 trillion by 2020.
PYMNTS
MARCH 11, 2016
While successfully onboarding customers is critical to many organizations, the process of finding and attaining these potential customers, along with the cost, isn’t always easy. The approval process itself can be prone to a variety of different friction points, but even with an efficient approach there is always the risk of unknowingly approving bad or fraudulent customers.
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PYMNTS
MARCH 7, 2016
Social media has a basic business model problem. It is good at drawing in eyeballs, but turning eyeballs into dollars isn’t always so easy — unless one has a truly unfathomable number of eyeballs to call a base (like Google or Facebook) so as to make advertising an extremely lucrative enterprise. Pinterest since its inception has found itself square in those cross-hairs — a popular place to hang out on the Web, and certainly the inspiration for many random acts of commerce — but one standa
Corporate Finance Brief brings together the best content for corporate finance professionals from the widest variety of industry thought leaders.
PYMNTS
MARCH 7, 2016
New details from ESET researchers, a Slovakia-based company, suggests that there is a new strain of Android malware that has the ability to compromise mobile banking users’ login credentials. What the research group reports is this type of Trojan malware has the ability to provide users with a fake login screen on their mobile banking app that prompts users to enter their credentials as they normally do.
PYMNTS
MARCH 8, 2016
Fox Business reported on Monday (March 7), citing sources at American Express, that Ken Chenault, chief executive officer of the payments giant, may be on the way out, amid simmering tensions with the board of directors. And there’s another shoe to drop in the form of a possible sale to a suitor that “would settle the succession issue,” while, at the same time, lifting a stock that has dropped by more than 25 percent in the past year.
PYMNTS
MARCH 11, 2016
When Dos Equis debuted its “Most Interesting Man In The World” campaign in 2006, it stood in direct opposition to the prevailing trend in beer advertising. The use of humor was, of course, nothing new, but rather than featuring a protagonist similar in age to the targeted consumer group of the product — young adult males — the titular hero was a man well into his 60s, with the TV spots doling out his fictional (and patently absurd) exploits that occurred over a lifetime.
PYMNTS
MARCH 11, 2016
At the intersection of payments and commerce in today’s digitally driven world, there’s an endless number of routes where technology and payments merge — including fashion. Or, as is the case of MasterCard’s latest collaboration with The New School’s Parsons School of Design, the global payments network is bringing together the worlds of payment technology and fashion in a joint-sponsored Fashion and Design Hack.
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.
PYMNTS
MARCH 11, 2016
As infamous bitcoin criminals like Ross Ulbricht have learned, it’s not impossible to get caught. And, as law enforcement has learned, the dark side of bitcoin has its perks. At least, when it comes to catching criminals. Criminals, for example, like the Czech national Thomas Jiikovský, who pled guilty to operating a $150 million Ponzi scheme in what is believed to be the first bitcoin securities fraud case.
PYMNTS
MARCH 10, 2016
From a payments perspective, the world gets smaller each day, as borders are increasingly seen less as barriers and more as windows of opportunity for merchants and consumers. Granted, they are windows that may often have really complicated regulation latches – and, it seems, no two latches are the same. So, while cross-border commerce is bumpy, to say the least, the interest in traveling down oft-uncharted, unpaved roads (and oceans and skies, for that matter) and through these windows is clear
PYMNTS
MARCH 8, 2016
In recognition of International Women’s Day, Western Union is paying tribute to women around the globe who have acted as agents of economic change. And that starts with noting women’s role in moving money around the world in the global remittance market. Western Union’s stats note that women alone are projected to move $300.6 billion global remittances in 2016.
PYMNTS
MARCH 8, 2016
For anyone who has tried to check out online via a mobile device, the fact that friction abounds does not really come as much of a surprise. But one of the key takeaways from the latest edition of the PYMNTS.com Checkout Conversion Index (CCI) , a collaboration with BlueSnap, that should have come as a surprise, didn’t, at least to BlueSnap CEO Ralph Dangelmaier.
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
PYMNTS
MARCH 11, 2016
In talking about global payment technology, emerging markets are an area of keen interest. Latin America is a land of opportunity, but it also presents challenges that demand an on-the-ground understanding of commerce and transacting within the various countries and cultures that it comprises. MPD CEO Karen Webster recently hosted a live digital discussion with Martin Schrimpff, Co-Founder of PayU , during which they addressed the necessity for a unique approach to payments in the region, and ho
PYMNTS
MARCH 11, 2016
The B2B payments services and technology sector is both shrinking and expanding. How? As more innovators and disruptors roll out their tools, companies are collaborating and consolidating in hopes of achieving streamlined, end-to-end solutions that meet the needs of both buyer and supplier. This type of teamwork enters the industry as questions begin to emerge about the sustainability of certain business models.
PYMNTS
MARCH 9, 2016
Whole Foods is going solar. Specifically, it’s going solar power , with Elon Musk-backed renewable energy company SolarCity having announced yesterday (March 8) that it is going to retrofit up to 100 of the high-end organic grocery chain’s locations throughout the U.S. with rooftop solar panels. In a press release, SolarCity expressed that the threefold goals of this implementation are increasing solar power production, offsetting some reliance on traditional grid power and helping s
PYMNTS
MARCH 8, 2016
It is apparently getting harder to get a gift card out there, as retailers are making it harder to buy them. Some have started requiring cash-only purchases of the cards, others have cut them down to smaller denominations, others have put limits on buying multiple cards and some have just dispensed with selling them altogether. Why? According to The Wall Street Journal , new credit card rules have put them on the hook for fraud.
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PYMNTS
MARCH 7, 2016
Picture a brick-and-mortar store where three out of every four customers that gets in line to checkout soon after changes their mind, drops their products and walks out of the store. The scenario may be alarming for a merchant to comprehend, but Visa’s SVP of Digital Solutions Sam Shrauger said it’s a conversion reality many merchants face everyday for mobile checkout.
PYMNTS
MARCH 10, 2016
When the first mobile dongle allowed small businesses to turn a smartphone or tablet into a fully functioning POS system, the playing field between big and local businesses got a little more even. Now that Lightspeed has another game-changing announcement, that balance of power may have shifted again. In an interview with VentureBeat , Lightspeed POS Chief Revenue Officer J.P.
PYMNTS
MARCH 10, 2016
When rumors of Google’s self-driving car first started circulating, the usual suspects came out of the woodwork to belittle the company for even trying such an idea. Fast forward to March 2016 and Alibaba seems to have taken Google’s lead despite the detractors. Quartz reported that Alibaba is set to unveil one of its most unique product launches yet: a connected smart car.
PYMNTS
MARCH 8, 2016
Cross-border payments companies depend on global connections to service their customers. One B2B payments firm, Payoneer, is working on building up its international reach and, this week, revealed the latest market to get looped into its network. Payoneer said Monday (March 7) that its B2B online payments services are now available to businesses in India.
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PYMNTS
MARCH 7, 2016
It may feel unfair, but this week’s Data Digest uncovers some great news for big corporates and some bad news for the underdogs. For instance, Facebook has a new B2B venture that could boost its already flourishing ad profits even further. HP Enterprise surprised investors with better-than-expected earnings following the Hewlett-Packard division, and big banks still hold the vast majority of small business lending business in the U.S., according to the Federal Reserve.
PYMNTS
MARCH 11, 2016
It’s hard to believe that taking the time to double-check spelling could have allowed unknown hackers to pull off a nearly $1 billion bank heist last month. Officials told Reuters that the spelling mistake put a stop to an online bank transfer instruction for the huge sum involving the central bank of Bangladesh and the New York Fed. However, the hackers were still able to get away with roughly $80 million, marking one of the largest known bank thefts in history.
PYMNTS
MARCH 10, 2016
While the world was celebrating the most recent International Women’s Day earlier this week, news out of one particular country showed just how significant of an impact females are having on online-to-offline (O2O) commerce. China Daily reports that, according to a new study from group-buying eCommerce website Baidu Nuomi , women in the country — despite accounting for a minority 46 percent of China’s overall Internet use — are responsible for 62 percent of revenue derived from O2O.
PYMNTS
MARCH 9, 2016
The tech giants in the P2P payments space are about to get competition from six top U.S. banks. Early Warning , a real-time payments, authentication and risk mitigation solutions provider, announced today (March 9) that Bank of America is now live in processing real-time P2P transactions through Early Warning’s clearXchange network. Bank of America announced their plans today, following in the footsteps of U.S.
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