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Are the stars aligning for companies to make API investment a top priority? The April B2B API Tracker™ looks at how companies engaged in cross-border trade are turning to API solutions to reduce the friction that some players encounter when engaged in cross-border trade. A Passport to Simpler X-Border B2B Payments. Over the past few weeks, several companies made investments in APIs with a focus on improving the flow of cross-border trade.
Greater Boston public agency connects treasury, banking and payments in the cloud. New York – April 11, 2017 – Greater Boston’s public transportation agency, the Massachusetts Bay Transportation Authority (“MBTA”), is automating its treasury management function using Reval, the leading Software as a Service (SaaS) solution for treasury and risk management.
Taking its place is a more integrated approach where Finance and Operational plans are not created in separate silos, but in a more collaborative fashion. So, what does an integrated financial plan really look like? In the world of transformational finance organizations, it is one that is led by finance but created with operations as an equal partner.
Last year, payments technology company Ixaris announced it would spin off some of its operations to form a separate unit dedicated to B2B payments. Now, the company is exploring the B2B payments space even further. The company launched its OPC Live! Innovation Challenge this week at the Innovative Finance Global Summit, held in London, Ixaris said Tuesday (April 11).
Automating time-consuming manual tasks can save your firm hundreds of hours–and thousands of dollars. But it can also have longer-lasting benefits, like helping you attract and retain the next generation of CPAs, and we don’t need to tell you how important that is amid the current generational staffing crisis in the tax and accounting profession. You'll want to save your seat for this new webinar with industry expert Joe Wroblewski, where we'll explore how to: Maximize ROI with Cost-Effective Te
Dubai is one of the fastest-growing regions in the world and has big ambitions to become a global tech hub. The young country is working to address the inefficiencies that can arise with increased growth. With comparatively less red tape in the way as compared to many other cities, Dubai is able to implement smart city-type technologies in order to continue pushing digital development in many areas.
The man accused of being involved in a massive hack of Yahoo email accounts was denied bail in Canada, delaying U.S. plans to have him extradited. According to Reuters , prosecutors argued that Karim Baratov, a Canadian citizen who was born in Kazakhstan, posed a flight risk. Baratov will now remain in Canadian custody until his next bail hearing at the end of May, with sources saying that the attorney general of Canada will be ready to proceed with an extradition hearing by June 12.
The man accused of being involved in a massive hack of Yahoo email accounts was denied bail in Canada, delaying U.S. plans to have him extradited. According to Reuters , prosecutors argued that Karim Baratov, a Canadian citizen who was born in Kazakhstan, posed a flight risk. Baratov will now remain in Canadian custody until his next bail hearing at the end of May, with sources saying that the attorney general of Canada will be ready to proceed with an extradition hearing by June 12.
Cannabis, a favorite relaxation method of choice for some, has slowly become less stigmatized within the past few years. After it became illegal in the United States through the Marihuana Tax Act of 1937, the business of selling cannabis went mostly underground. Not until 2004 did cannabis become legal for non-medical use in certain areas of the country.
We had a bit of fun last week writing that Alexa was taking time out to work on itself — but the reality of the matter is that Amazon isn’t resting easy. As of late, Alexa has grown to play a broader role in the Amazon ecosystem. It was embedded into the Amazon mobile app last month, for instance. More recently, the online retail giant rolled out additional capabilities for third-party developers to create skills that leverage the voice-activated assistant’s location capabilities.
Taking the time out of a busy schedule to go get a car wash is usually a low item on people’s priority list. With so many activities on a daily basis, making sure vehicles are clean can seem like a hassle. From working a full eight-hour workday to going to the gym and cleaning where you live, there’s not much time for extra things like making a trip out to the car wash.
There have been doubts by many since bitcoin’s debut in 2008 as to whether it would ever be a worthwhile investment. Cambridge Center for Alternative Finance’s new research brings an air of certainty to those looking to invest. Here are the numbers: 12.5 bitcoin | Amount paid out to bitcoin miners able to solve cryptographic puzzles (~$15,225). $2.07 billion | Cumulative revenue made by bitcoin miners. 58 percent | Total amount of bitcoin miners in China. 16 percent | Total amoun
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
Android Pay announced new partnerships with a handful of banks from around the globe, including Bank of America, USAA, Bank of New Zealand, Discover and mBank. According to Google , the mobile payment technology will be integrated into the service of the banks’ own mobile apps, making it the first time Android Pay is being made available within mobile banking apps, TechCrunch reported.
What happens when digital commerce, digital content and marketing come together on a single platform? Unique digital experiences that can help businesses to respond to customer behavior and deliver real-time, relevant content and recommendations. That’s the premise of Episerver , a cloud-based platform as a service (PaaS) that connects content and commerce on a single platform to empower commerce and marketing professionals to create, execute and optimize seamless digital experiences, James Norw
Retailer Kohl’s announced Monday (April 10) that it named Greg Revelle as chief marketing officer. In a press release Kohl’s said Revelle will be responsible for the department store chain’s marketing organization and overall marketing strategy, including the company’s focus on driving customer engagement through analytics, enhancing the loyalty platform, accelerating customer traffic and continuing to build Kohl’s overall brand position.
India-based SME lender Capital Float has added a bit of funding to its books thanks to a $2.3 million raise announced Monday (April 10). The company said the funds were provided by Mahindra and Mahindra Financial Services and raised against non-convertible debentures (NCD). According to Capital Float cofounder Sashank Rishyasringa, the deal brings the total raised for Capital Float in 2016–2017 to $9.2 million through this route.
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.
In the U.S., at least, debt is no four-letter word. The $1 trillion level has been attained for credit card debt within the country, with that level not seen since early 2009, when the shockwaves of the financial crisis first were felt. That level of debt, estimated by the Federal Reserve as the amount outstanding at the end of February, is up a bit more than 6 percent from a year ago and up 30 basis points from January.
Buying bikes online can bring up a lot of fears for consumers. When it comes to assessing fit, style and assembly, purchasing a bike online can be a daunting task. But that doesn’t mean the experience has to stay that way. Stuart Hunter, founder and CEO of roll: Bicycle Company explained how taking its bike sales online is helping customers not only overcome their fear of purchase, but also find a completely customized product that can be returned if it’s not the perfect fit.
Spring has arrived — which means flowers are blooming, birds are singing, sandals are emerging from closets — and startups are signing up with Mastercard to reshape the future of commerce. Today Mastercard is announcing the five new startups to its Start Path Global — Mastercard’s program for later-state startups that are ready to rewrite the future of commerce.
In the developed world, particularly in the United States, mobile payments have entered the scene with a lot of fanfare and great expectations — but haven’t delivered all that much in the way of impressive results. As of the last PYMNTS/InfoScout report on in-store mobile wallet usage, and particularly for the longest running general purpose mobile wallet in the market, Apple Pay, 19 out of 20 users who could use a mobile wallet don’t.
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.
It’s not enough for a technology to be a proven way to improve business processes: Adoption of new tech is a tough sell. For SMEs, limited resources may stifle the ability to invest in new technology. For larger corporates, red tape and old habits challenge the adoption of disruptive tools. But a new report from Sage finds that being knowledgeable in the latest and most innovative solutions is beneficial to the organization.
According to emerging reports, Amazon considered a Whole Foods Market takeover last fall — but ultimately decided not to pursue a deal. The potential move came as Amazon continues to look for ways to bolster its grocery business, though according to an unnamed source, the discussion never went beyond the “talk” phase and no concrete plan was made.
When you think of retail, you think of shoppers stepping into a storefront, or browsing products online — the B2C of commerce. But new data released from alternative SME finance player C2FO is lifting the veil on the B2B side of retail. As an industry enduring a massive paradigm shift, the supplier chain — and retailers’ suppliers — are now critical components of a successful business, C2FO’s report found.
In a world where consumers expect to have personalized experiences at the touch of their fingertips, chatbots have certainly paved the way. Over the years, the advancement of natural language processing combined with artificial intelligence have given rise to the true capabilities of chatbots. The way in which chatbots are used today by brands has likely been partially responsible for helping to shape consumer perception and expectation of brand interactions.
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.
Transcepta, a procure-to-pay platform, is ramping up its use of artificial intelligence (AI), the company said late last week. In an announcement , the company said its leveraging of AI and predictive analytics technologies can enable smarter procurement decision making. “Artificial intelligence and predictive analytics are transforming business processes and setting the expectation from customers for seamless function and automation,” said Transcepta CEO Ray Parsons in a statement.
As an alternative to Federal Plus and private student loans, more students are looking to income share agreements as a way to fund higher education. In an income share agreement, an investor essentially fronts a student’s college tuition under the condition that when the student graduates and begins working, they will surrender a portion of their future income for a given period of time.
The need for online retailers and brands to be vigilant in the face of fraud becomes more pressing by the day — but additional authentication measures can create friction on the consumer’s end, which has a nasty habit of reducing conversion rates. The trouble is, the global implementation of EMV authentication has led to a major uptick in instances of card-not-present (CNP) fraud in the eCommerce space.
While Alphabet stock (GOOG) made a bit of early-April headway toward recovery following advertiser flight , the past two weeks essentially netted a whole lot of not much. At the time of writing, one GOOG share was worth $823.55, up 0.02 percent from Tuesday’s close with a current estimated market cap of just over $574 billion. While flat for the month, GOOG still holds on to a fair share of growth since 2017 began.
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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