PYMNTS
MAY 16, 2017
Just in time for the summer travel season, Mastercard has announced a series of partnerships in over 80 cities worldwide, which will enable card carriers to tap to pay for public transit. “With a Mastercard in their wallet, more and more people have a go-to transit pass for the city they’re in,” said Ian Slater, senior vice president, enterprise partnerships at Mastercard.
Reval
MAY 17, 2017
Want to know what your peers are reading on treasury and risk management ? We thought we would share with you our most popular content from Q1. Top pieces from last quarter included case studies and fact sheets. Discover the content your fellow treasury professionals felt were most helpful, and brush up on your skills for the quarter ahead. Case Study: How Jaguar Land Rover Improved FX Risk Management.
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Planful
MAY 16, 2017
Many practitioners and experts in the industry have positioned these terms as basically meaning the same thing. However, subtle differences exist between these terms and what they are intended to convey. The common thread is that both terms refer to a process and software system designed to help organizations achieve their financial goals and objectives, by linking their strategies to their plans and execution.
PYMNTS
MAY 19, 2017
Surprise, surprise: a cybersecurity startup saw the largest funding round of the week by far. WannaCry’s explosive impact on the industry has enterprise security on everyone’s mind, and this startup is now a unicorn because of that attention, closing $100 million in Series D financing. Find out which startup landed the cash, along with the other B2B startups that saw their share of investments this week, below.
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PYMNTS
MAY 15, 2017
Until very recently, the tenor of the relationship between financial services startups and mainstream banking was contentious at best and adversarial at worst. The primary narrative about the future of financial services contributed to a majority of that — the banks were the old way of doing things and up-starts with streamlined business models were threatening to disrupt them right out of the water.
Corporate Finance Brief brings together the best content for corporate finance professionals from the widest variety of industry thought leaders.
Reval
MAY 14, 2017
TMI. CLP is committed to implementing best-in-class processes, controls and decision-making across its business, so is its treasury department. As the group continued on its growth trajectory, treasury needed a more robust, scalable treasury management solution to meet its current and future needs, particularly given the fast-changing market and regulatory environment.
PYMNTS
MAY 19, 2017
It’s been a rocky week for bitcoin — and we don’t just mean in terms of price. Actually, bitcoin’s price at the time of writing was at a record high, hitting $1859.49 on mid-day Thursday — though the past seven days had seen significant value fluctuations including a week low just under $1620 on Saturday of last week. While it’s always tough to figure out exactly what leads to what in terms of bitcoin’s value, the culprit of this past weekend’s dip, and subsequent drops later in the week, seems
PYMNTS
MAY 19, 2017
Even as some countries move away from physical currency in favor of more modern payment methods, demand in larger nations means the Asia-Pacific region is still clinging to cash. With China and India driving economic growth, countries in the Asia-Pacific region are estimated to spend some $8.1 trillion in cash in 2020, marking a 7.5 percent compound annual growth rate.
PYMNTS
MAY 17, 2017
Spend management company Coupa has entered the realm of B2B payments. The company announced the launch of Coupa Payments Tuesday (May 16), a tool that aims to streamline cross-border payments for its corporate customers. The solution digitizes payment operations to ensure companies can pay their suppliers electronically, the company said in its announcement.
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
MAY 17, 2017
Dubai-based fetchr , a delivery and consumer technology app startup focused on innovating logistics in the Middle East and North Africa, recently announced raising $41 million in a Series B venture funding round led by New Enterprise Associates. Additional participants in fetchr’s Series B round include Majid Al Futtaim Holding and Nokia Growth Partners, among others.
PYMNTS
MAY 17, 2017
The International Card Manufacturing Association (ICMA) is out with a new report that finds 70 percent of all financial cards have a chip embedded in them. In a press release issued Tuesday (May 16), the ICMA said chip cards account for 88.6 percent of revenue for cards globally manufactured in 2016. What’s more, the trade group said the size of the market globally was $27.4 billion in 2016, resulting in 35.4 billion cards produced last year.
PYMNTS
MAY 19, 2017
Over the past year, there have been many discussions about how blockchain technology could revolutionize certain aspects of the music industry. While some are looking to move full force with it, others are skeptical and await more testing. As recently as this April, music streaming giant Spotify announced its acquisition of blockchain startup Mediachain.
PYMNTS
MAY 17, 2017
If you’re one of the many, many companies recently targeted by WannaCry , you’ve just been handed a harsh reality check in the importance of enterprise cybersecurity. Maybe you had ignored previous warnings or felt cybersecurity technology was unnecessary. Or maybe you actually had cybersecurity measures in place that failed. Analysts have (so far) placed the number of corporate victims of WannaCry at 29,000 firms.
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
MAY 19, 2017
Shares of global retailer Gap Inc. rose some 4 percent in after-hours trading following the company’s earnings release for the first quarter of fiscal 2017. It was largely a beat. In Q1 2017, Gap Inc. reported diluted earnings per share of $0.36, well above analyst consensus estimates of $0.29, and up 8 percent from EPS posted in Q1 2016. For the full year, Gap Inc. reaffirmed its eps guidance in the range of $1.95 to $2.05.
PYMNTS
MAY 19, 2017
The world should watch Alibaba closely. While the Chinese eCommerce giant’s international presence to date is relatively small, that fact looks to change in just a few short years. To start, Alibaba just released its fourth-quarter earnings report, which showed core and other revenues to be strong. Earnings, however, was another story. For the quarter that ended March 31, Alibaba reported total revenue up 60 percent year-on-year to 38.58 billion yuan ($5.6 billion), well above analystsR
PYMNTS
MAY 17, 2017
Consumers have more options than ever when it comes to shopping for the right product or solution online. While that may mean there are more avenues for merchants to sell their goods, it also makes it harder for companies to get their message in front of the right buyer. Instead of convincing a customer to choose their products over those offered by another retailer or two, merchants must now compete with everyone from traditional brick-and-mortar stores to eCommerce warehouses like Amazon to ot
PYMNTS
MAY 17, 2017
From automation to mobile-first institutions and solutions, disruption is the new normal for the digital banking space. Financial institutions have rolled out a handful of new smartphone-first innovations for the digital banking space that are promising to bring disruption to the industry. From new pathways for mobile payment tools like Android Pay to expand their reach to the launch of new mobile-first banking institutions, the smartphone has clearly left its impact on the banking industry.
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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.
PYMNTS
MAY 15, 2017
Over the past 11 months, Brooks Brothers ’ customers at various brick-and-mortar locations in the U.S. and Puerto Rico had their payment card information compromised. This past week, the U.S.-based clothing company shared this with the public. It revealed a hacker gained access to customer payment information and installed software to capture those details at its physical locations.
PYMNTS
MAY 19, 2017
Last weekend, a major ransomware attack affected more than 200,000 computers in 150 countries across the globe. Targeting computers running the Microsoft Windows operating system, the malware encrypted users’ files and demanded payment in bitcoin equivalent to about $300 within 72 hours to regain access. If users didn’t pay within that time frame, the ransom would double.
PYMNTS
MAY 17, 2017
Wayfair has phased in a new way to “search by image.” Users can simply point their smart device’s camera at a piece of furniture they like, and Wayfair will generate search results for related pieces on their website. The move was inspired by similar search-by-image initiatives at Pinterest, Google, and Amazon, where evolving visual technology is paving new inroads for consumers to connect with products.
PYMNTS
MAY 19, 2017
Shares of retail giant Walmart got a 3 percent boost yesterday following the release of Q1 earnings that beat the Street. But the real beat for the largely brick-and-mortar retailer lay in how it has managed not just weather the eCommerce storm, but how it has thrived under these digital conditions. Here’s what we mean. For the quarter, Walmart posted a beat in earnings per share at $1.00, above analyst expectations for EPS by four cents.
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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.
PYMNTS
MAY 19, 2017
Alibaba is getting consumers to spend more money online, and that would appear to be a good thing for the Chinese eCommerce giant, which provides consumer-to-consumer, business-to-consumer, and business-to-business sales services via web portals. But the site is also getting Chinese merchants to spend more money to keep their products there, an arrangement that could eat the company from the inside out if it doesn’t find other sources of revenue.
PYMNTS
MAY 16, 2017
Finding the right piece of furniture for the space people live in can be a difficult task. From bulky sofas to breakfast tables and bedroom sets, furniture moving can be one of the most awkward, stressful and time consuming activities. Given the fact that people move an average of 11.7 times throughout their lives today, it may be safe to say that the types of homes and sizes of rooms will not all be the same.
PYMNTS
MAY 15, 2017
Amazon is getting into the furniture market, gearing up to build four or more warehouses to handle what it expects to be booming orders of bulky household items. According to a report in The Wall Street Journal , while Amazon has been selling furniture for some years, now the eCommerce giant is going after it in a much bigger way. Amazon will be taking on the likes of Wayfair and Pottery Barn in the online furniture market.
PYMNTS
MAY 19, 2017
Facebook’s F8 conference is one of the largest conferences for developers and entrepreneurs. Starting in 2007, the event has had a different focus each year on what is the next big thing for the social media giant, with breakout sessions on more tailored topics. While last year’s conference focused on Facebook’s 10-year roadmap, this year’s focus was on AR, VR and bots.
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