PYMNTS
OCTOBER 17, 2016
Ever seen a UFO? Could it have really been a bird, plane or you-know-who? That’s where 47-year-old nonprofit MUFON comes in to debunk or detail what you saw. “Sometimes, people say they saw a UFO, and immediately, people think they said, ‘I saw a flying saucer,’” said Rodger Roeser, spokesperson for MUFON, which literally investigates unidentified flying objects.
Planful
OCTOBER 20, 2016
There is encouraging news that correlates with surveys of Finance executives on the adoption of and interest in cloud-based applications. Adoption appears to be accelerating as Finance departments are becoming more confident in the security of cloud applications and more aware of the benefits. Gartner Sees the Tipping Point. So what did the Gartner research note say?
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PYMNTS
OCTOBER 19, 2016
Out of the ever-growing list of things retailers have as priorities, stopping fraud — not selling more goods and services — has now claimed the online retailer’s top spot. That’s the finding of Forrester’s 2016 “State of Retail Payments 2016” report. Michael Reitblat , CEO of Forter , isn’t at all surprised. The mere increase in the number of fraud attempts year over year and quarter over quarter is enough to shake even the most hardened eTailer to her knees.
PYMNTS
OCTOBER 21, 2016
Visa and Chain today [October 21] announced that Visa B2B Connect – a B2B payment platform based on blockchain – will be piloted in 2017. Visa hopes that Visa B2B Connect will give financial institutions fast and secure processing of global B2B payments. The announcement of B2B Connect also marks the second stage of Visa’s relationship with Chain.
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PYMNTS
OCTOBER 21, 2016
The world is full of once-brilliant innovations that — despite having been supplanted by an even better innovation — continue to have devotees who insist the 1.0 version was actually superior: Writers who prefer the feel of a typewriter to a computer. Music aficionados who swear that digital distorts the sound of music. And there’s the paper check — a 1.0 solution in a world of digital payments that continues to stick around.
Corporate Finance Brief brings together the best content for corporate finance professionals from the widest variety of industry thought leaders.
PYMNTS
OCTOBER 19, 2016
A new survey from Tripwire , a global provider of security and compliance solutions for enterprises and industrial organizations, revealed that 98 percent of professionals in the IT field believe that smart cities are vulnerable to cyberattacks. More than 200 IT professionals working for state and local governments took part in the survey, which was conducted by Dimensional Research.
PYMNTS
OCTOBER 17, 2016
Mobile is one of the fastest-growing retail sectors at the moment and still projects to grow for years to come, but the technology is still not where most retailers want it. Currently, smartphone users make up about 64 percent of the U.S. population, but that number is expected to grow to 72.2 percent by 2020, according to Astound Commerce’s 2016 Mobile Research Report.
PYMNTS
OCTOBER 19, 2016
Cybersecurity and IoT company WISeKey announced on Wednesday (Oct. 19) that its new platform called WISeAI – a problem-solving Artificial Intelligence (“AI”) solution – will be integrated into the company’s existing Vertical Platform. The WISeKey Vertical Platform enables IoT devices to organize themselves into trusted networks based on criteria such as mutual authentication, identity and integrity.
PYMNTS
OCTOBER 21, 2016
Banks may not like it, but the demand is here for faster payments — from businesses, consumers and regulators alike. While they’re apprehensive about the technology, financial institutions are facing pressure to adopt real-time payments capabilities to meet that demand and to comply with new regulations. In Europe, the driving force behind faster payments is the revised Payment Services Directive , or PSD2, which now includes third-party payment players under its scope.
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
OCTOBER 18, 2016
The price tag attached to a data breach on a small business has increased this year, according to new analysis from IBM and Ponemon Institute. With their newly released “ 2016 Cost of Data Breach: Canada ” report, the firms examined the financial impact of data breaches on 24 companies in Canada to assess the damage. In the context of separate research that found SMEs in the U.S. are dreadfully unprepared for a cyberattack, IBM and Ponemon’s report is an alarming reminder that
PYMNTS
OCTOBER 21, 2016
It was another stellar week for B2B FinTech startups, which announced a collective $191.8 million in venture capital and growth equity investment this week. Funding rounds this week were all about the startups that help businesses get paid faster, through more channels, more securely, regardless of geographical location. Plus, there was yet another appearance from an alternative SME lender (this time from the Philippines) and new financial backing for an SME banking disruptor and a payroll playe
PYMNTS
OCTOBER 18, 2016
There’s no doubt that, most of the time, chatbots are beneficial to the future of online commerce, payments and interaction with consumers. While not fully mainstream — most customers don’t even realize they’re connected to a bot — they do seem to be popping up everywhere. First, let’s talk about all those wonderful benefits and joys the chatbots bring to our lives.
PYMNTS
OCTOBER 19, 2016
Could this be a case of good intentions gone awry? Time will tell. According to Brad Fauss, president and CEO of the Network Branded Prepaid Card Association, the recently released regulations on prepaid cards from the Consumer Finance Protection Board could be another instance of good intentions gone wrong. PYMNTS recently caught up with Fauss as he and his team were working their way through the more than 1,700 pages of the recently released regulations.
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
OCTOBER 17, 2016
Technology has the power to help a business rise up from the competition. From spend data analytics to cybersecurity detection, innovative tools in FinTech enable companies to gain visibility into the performance of their business. Small businesses, too, have an appetite for technology. But for smaller companies, procuring technology can be a financial and administrative burden, and a lot of times, the problems that can be solved with technology were created by technology in the first place.
PYMNTS
OCTOBER 19, 2016
The latest investment news in the B2B space shows that cross-border transactions are shaping up to be big business — especially for the firms that operate the networks across which payments travel. As reported Tuesday (Oct. 18), PayCommerce, which operates a platform across which more than 90 banks interact across 75 countries, has received a $22 million Series B investment from Tritium Partners.
PYMNTS
OCTOBER 17, 2016
It’s a familiar story. Small retailer makes a decision on anything — IT and hosting services, telephone services, accounting and tax services, POS hardware, etc. — based on what it needs at the moment. Two years and a location (or two dozen later), those decisions are at risk of keeping that business from ever getting beyond the small stage its sales and success want to take it.
PYMNTS
OCTOBER 17, 2016
Traders might start to sense that someone is constantly watching over their shoulders. AI is being applied to the world of regulation, or “RegTech,” and a new system can monitor the trading behavior of fund managers and even alert compliance bodies if questionable activity is detected. The UK chancellor George Osborne coined the term in the last budget claiming that the new policy would support “new technologies to facilitate the delivery of regulatory requirements” to the financial services sec
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PYMNTS
OCTOBER 17, 2016
Last Saturday — October 15, 2016 — was the one-year anniversary of the First Data IPO. Now, admittedly, calling 2016 a “first year” for First Data is something of a stretch. First Data was first incorporated in 1971, so it is actually 45 years young. And it wasn’t even technically First Data’s first year as a publicly traded company either. From 1992 to 2007, it traded on the NYSE before being taken private by KKR.
PYMNTS
OCTOBER 20, 2016
To attend this live digital discussion on Wednesday, November 2, 2016 at 1:00 PM (EST), please complete the registration form shown below: [contact-form-7]. 3D Secure 2.0 ’s impact on the financial industry will be one of the most significant in recent years. Built around the increasing popularity of mobile commerce, 3D Secure 2.0 is predicated on risk-based authentication, leveraging data points for accurate verification, while optimizing the consumer experience.
PYMNTS
OCTOBER 17, 2016
The latest retail sales statistics from the United States Commerce Department show that eCommerce is still growing, albeit at a slower pace than has been seen recently. Overall, retail sales defined as “non-store” (read: online) were up 10.6 percent last month.The total dollar value came in at just under $47 billion, with a slight slide in the growth rate as compared to the previous month.
PYMNTS
OCTOBER 18, 2016
Deloitte has rolled out a new initiative to help its business clients adopt disruptive technologies. The company announced Monday (Oct. 17) the launch of Deloitte Catalyst , a group of startups that explores how technologies, like blockchain and Internet of Things, can be used for business applications. Those use cases include document review automation, language processing and generation, data management, machine intelligence, distributed ledger and other technologies for the enterprise.
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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
OCTOBER 21, 2016
The majority of small businesses are not only aware of cyberthreats to their businesses but actually expect to be hit with a cyberattack at some point. A new report by Kaspersky Lab finds that, with so many small businesses understanding the threat of cyberattacks, yet with few resources to allocate towards cybersecurity, SMEs are beginning to turn to security outsourcing to safeguard their businesses. “The report shows that SMBs currently face a number of challenges when it comes to prote
PYMNTS
OCTOBER 20, 2016
LexisNexis Risk Solutions on Wednesday (Oct. 19) released a report, dubbed “Millennial Study: Privacy vs. Customer Experience,” which charts the digital consumer preferences and behaviors of millennials in seven global markets — the U.S., U.K., Germany, Hong Kong, Malaysia, Mexico and Brazil — and found millennials are guarded about sharing their personal data.
PYMNTS
OCTOBER 19, 2016
Online commerce platform Stripe announced today (Oct. 19) the launch of its set of machine learning-based tools that will help businesses to fight fraud. Stripe Radar combines data from the hundreds of thousands of businesses processing transactions on the Stripe network with intelligence from banks and credit card networks to provide users with the ability to customize the fraud defenses for their individual business.
PYMNTS
OCTOBER 21, 2016
Some of the companies leading the omnicommerce charge recently concentrated their efforts on introducing innovative plans to expand both their consumer base and also bolster their payment offerings. From augmented reality shopping to expanding mobile wallet offerings, businesses are working on intriguing ways to engage and interact with customers in a more effective manner.
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