Sat.Sep 14, 2019 - Fri.Sep 20, 2019

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ID2020 Alliance Unveils Digital ID Program

PYMNTS

At its annual summit in New York , the ID2020 Alliance announced the roll out of a digital identity program with the Government of Bangladesh ; Gavi, the Vaccine Alliance; and new partners in academia, government and humanitarian relief. “Digital ID is being defined and implemented today, and we recognize the importance of swift action to close the identity gap,” said Dakota Gruener, executive director of ID2020, in an announcement.

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Introducing Creative Growth Systems

Creative CFP

Creative CFO is excited to introduce Creative Growth Systems (CGS), our new systems-orientated business. CGS specializes in Xero implementations, as well as integration to several applications that assist high-growth businesses in managing their inventory, point of sale, time tracking, reporting, payroll and more. We will analyse which add-on apps are right for your business and help you to set up and implement these integrations.

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The new CFO as viewed by the CEO

Future CFO

Traditional businesses used to spend hundreds in man-hours looking for a suitably-sized space to set up shop, dole out thousands in rental thereafter, and even more to personalise it to reflect the identity of the company. The flexible workspace business has seen spectacular growth in the last three years, arguably riding on the rise of start-ups and millennials’ way-of-work preferences, but now quickly being dominated by traditional enterprises looking to tap the energy that is inspired by this

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Tennis Lessons for Alternative Investors

CFA Institute

What does the current era of professional tennis have to teach us about the state of venture capital (VC) and private equity (PE)?

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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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What The Trendsetters Say About How We Will Pay Next Decade

PYMNTS

Sheep are not natural-born leaders. If they were, they wouldn’t need border collies or sheepherders to make sure that they didn’t follow wolves blindly into harm’s way and that they ended up where they needed to be at the end of the day. Recognizing this, in the late 13 th century, sheepherders decided to make their lives (and that of their border collies) a little easier.

More Trending

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Burger King Now Accepts Bitcoin

PYMNTS

You want fries with that crypto? Might have to wait a bit, especially on the international stage. For some, bitcoin and cryptos — beyond a means of speculation — are a solution in search of a problem. However, among the more enthusiastic refrains from supporters: Cryptos will become ubiquitous as they scale into everyday retail environments. It’s been a slow start.

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How FinTechs Help Merchants With GDPR Compliance

PYMNTS

FinTech firms are keeping a pulse on the latest regulations and helping their clients comply with them. The European Union’s General Data Protection Regulation (GDPR), for instance, went into effect last May, and penalties are just starting to be enforced. The regulation is top of mind, especially for European Union companies, and FinTechs are stepping up to the plate to help their customers comply with its components from a product perspective.

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U.S. Bank: Machine Learning Is Banks’ Best Bet Against Fraud

PYMNTS

Banks lost about $4 billion to account takeover (ATO) fraud attempts last year and fraudsters have been reluctant to abandon the scheme as this year progresses. ATO and other fraud methods that rely on using stolen credit card numbers or other personal information are becoming decidedly popular with bad actors, who are employing increasingly sophisticated technologies to execute their scams.

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How US Bank Is Using Machine Learning To Tackle Fraud

PYMNTS

Mobile and online banking providers have been upping their fraud protection measures over the last decade, making it more difficult for bad actors to rely on some of the schemes that previously worked in such channels. The prevalence of CNP fraud, once the bread and butter of the enterprising cybercriminal, has steadily crept downward each year alongside other forms that game customers’ credit card numbers.

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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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Spend Visa Expansion Allows Canadians To Use Crypto Like Debit Card

PYMNTS

FinTech Spend has announced it has expanded its Spend Visa Card to Canada where cryptocurrency users can use crypto like a debit card anywhere that Visa is accepted, according to a press release. Users who sign up for the Spend Wallet can load all their crypto into it, and have it directly linked to the Spend Visa Card. When a customer swipes the card, the crypto immediately gets converted into the local fiat tender.

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Shopify Debuts New Features For CBD Merchants

PYMNTS

The multi-channel commerce platform Shopify is rolling out new features to help merchants sell hemp and hemp-derived cannabidiol (CBD) products online and in physical stores wherever it is legally allowed, Shopify said in a press release on Tuesday (Sept. 17). Retailers in the U.S. can scale their businesses by merchandising select hemp or hemp-derived CBD products using the Shopify platform, which handles more than 800,000 retailers around the world. “ Shopify has unmatched expertise in emergin

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Delivering Restaurant Innovation With Mobile Tech

PYMNTS

With more choices for fast-casual dining than ever before, diners can choose to eat in restaurants or tap into delivery whether they want pizza, sandwiches or entirely different fare. And, as consumers have many options, fast-casual and quick-service restaurants (QSRs) realize they must meet growing diner expectations and embrace technology to stay relevant.

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Mozilla, Creative Commons Partner With $100M Web Payments Fund

PYMNTS

Three companies have joined forces to change the way things are paid for online with a native web payments standard, according to a report by TechCrunch. To help the initiative get off the ground, the three organizations — Coil, Mozilla and Creative Commons — have a $100 million grant called Grant for the Web. The new protocol is meant to monetize the web in a way that’s standard and that everyone can use.

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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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Connected Vehicles And The Future Of Retail

PYMNTS

The future of retail is playing out in multiple places, including the open road, while voice will help capture the connected commerce frontier. In B2B payments, a series of payment innovations is promising to put an end to some common frictions. And, in digital banking, financial institutions (FIs) are working to keep fraudsters from accessing customer information and funds on their mobile and digital channels.

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New Report: How Consumers Use Connected Devices To Shop And Pay

PYMNTS

Voice is connected commerce’s killer app. That is just one of five critical findings highlighted in How We Will Pay 2019 , a PYMNTS, Visa collaboration examining how consumers use a wide range of connected devices to shop and make purchases. This report — the third in our annual series — shows the results of a national study of 5,000 U.S. consumers who documented their shopping and purchasing experiences over a seven-day period in mid- to late-July of 2019.

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Deutsche Bank Takes Stake In Open Banking FinTech

PYMNTS

Deutsche Bank has acquired a 4.9 percent stake in the German-based FinTech Deposit Solutions, according to a Deutsche Bank press release on Thursday (Sept. 19). Deposit Solutions provides open banking technology that allows more than 100 banks across 18 countries to offer their customers products from third-party banks. Deutsche Bank has had a relationship with Deposit Solutions since 2017 with a savings product called ZinsMarkt.

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Mobile Banking Users Want More Control — But At What Cost?

PYMNTS

Impending 5G technology holds a great deal of promise for many industries, especially for financial institutions. A 5G network could markedly improve mobile banking apps’ speed, security and ease of use. Mobile banking apps have already enjoyed mass adoption, but what are consumers using them for? And, perhaps more importantly, what do they want from digital banking apps that they aren’t currently getting?

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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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JPMC Adds Deutsche Bank To Blockchain Roster

PYMNTS

Deutsche Bank , Germany’s largest bank, is joining the 320 banks in the JPMorgan Chase -led blockchain initiative, the Financial Times reported Sunday (Sept. 15). The move is intended to lower costs at Deutsche Bank — which clears more euro-denominated payments than any bank worldwide — and speed up cross-border disbursements to avoid expensive lag times.

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Stripe Reaches $35B Valuation With Latest Funding Round

PYMNTS

FinTech Stripe is raising $250 million in its latest funding round and has reached a pre-money valuation of $35 billion, according to a release on Thursday (Sept. 19). . General Catalyst, Sequoia and Andreessen Horowitz all participated in the round. Stripe said it’s going to use the funding to continue growing its product suite, extend its enterprise capabilities and continue to grow internationally. .

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Global Payments, TSYS Merger Finalized In ‘Landmark Transaction’  

PYMNTS

Payments companies Global Payments and TSYS ( Total System Services ) have finalized a merger deal that creates a combined pure play payments technology company with substantial international presence and expansive scale, the company said in a press release on Wednesday (Sept. 18). The collective company will use the name Global Payments and will assist some 1,300 financial institutions and about 3.5 million merchant locations in 100-plus countries. .

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What Brexit Uncertainty Will Mean For Ireland’s FinServ Future

PYMNTS

The Brexit saga is a case study in uncertainty ever since then-British Prime Minister David Cameron stepped down June 24, 2016, the day after the referendum vote unexpectedly ruled in favor of leaving the European Union. The last few weeks, although eventful, have not been particularly clarifying. With Brexit’s Oct. 31 deadline rapidly approaching, the same basic set of questions remains: Will there be a Brexit deal?

Banking 72
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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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Uber Freight Gains Share Of $796B Trucking Industry

PYMNTS

Uber might finally turn a profit — not through its rideshare program, but due to its trucking division. The trucking industry generated $796 billion in revenue last year, while the global ride-hailing market was valued at just $36 billion in 2017. And since its launch in 2017, Uber Freight now has a team of hundreds, with offices in San Francisco, Chicago and Amsterdam.

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Open Banking Startup Bud Lays Off One-Fifth Of Workforce

PYMNTS

Open banking FinTech startup Bud is reportedly laying off up to one-fifth of its staff just months after announcing a $20 million fundraise, The Telegraph reported on Monday (Sept. 16). According to the publication, Bud is developing software that enables traditional banks to integrate directly with other financial services firms. It is part of a growing population of open banking startups looking to develop solutions around new regulations in Europe and the U.K. that promote bank-FinTech integr

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How To Make Sure Stores Don’t Die

PYMNTS

Among the defining endeavors of our time — at least for the worlds of payment and commerce — has been to bring brick-and-mortar retail stores into the new century. It’s an ongoing effort that has probably seen more failures than success stories, but that’s certainly not keeping people from betting on new innovations. The idea, as explained in a new PYMNTS interview with Adam Levene, founder of a retail technology company called Hero , is to plug the physical store, so to speak, into the larger d

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What MyPayrollHR Debacle Says About Payroll’s Future

PYMNTS

Perhaps everyone’s worst nightmare came true for 250,000 employees of 4,000-5,000 small businesses over Labor Day weekend: Payday came, and paychecks didn’t. In fact, it was much worse. In some cases, the direct deposits appeared briefly in employee bank accounts before being abruptly pulled — as many as three times as the platform responsible for making those direct deposits reversed and reversed deposits in an effort to make employees whole.

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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.