PYMNTS

NOVEMBER 22, 2016

Bitcoin wallet iPayYou continues to work toward a future with bitcoin as the default currency. It was just announced that iPayYou has made a way for consumers to pay for items on Amazon with bitcoin, called Amazon Direct. Now iPayYou users can transfer any amount of bitcoin from their bitcoin wallet to Amazon. Customers can use the Amazon Direct tab to the iPayYou platform to determine an amount of bitcoin to transfer and the destination account.

Currencies 98

Currencies Retail Accounting 98

PYMNTS

NOVEMBER 21, 2016

Fact. Digital commerce has been a reality for more than two decades. Fact. The launch of the iPhone in 2007 and the App Store in 2008 opened everyone’s eyes to the impact that mobile would have on payments and commerce. Fact. Twenty years and hundreds of millions of smartphones later, the digital payments experience is anything but consistent anywhere — online, in-store and in-app.

Securities 86

Securities Numbers Sales Technology 86

PYMNTS

NOVEMBER 22, 2016

Visa said Monday (Nov. 21) that its latest chip data update showed 388 million Visa EMV cards in the U.S. Of those, the firm said there are nearly 181 million chip credit cards in the field and 208.3 million chip debit cards. The firm also said that there are 1.7 million chip-active locations across the country. The 1.7 million tally, up 191 percent in the past year, represents 37 percent of all storefronts nationwide, according to Visa’s statistics.

Securities 80

Securities 80

PYMNTS

NOVEMBER 24, 2016

The U.K. is already a hotbed of FinTech startups, but the government is getting behind it in a bigger way, committing to invest £500,000 a year into financial technology companies. According to a report , the U.K. government is also gearing up to launch a network of regional FinTech envoys as an effort to enhance the country’s status as a leader in FinTech.

Investments 78

Investments Treasury Startups Technology 78

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

PYMNTS

NOVEMBER 21, 2016

Why make one’s life hard hacking consumer accounts — or taking up armed robbery — when one can get the best of both worlds by directly attacking the banks’ computers and getting ATMs to do things like start spewing cash for no apparent reason? Taiwan and Thailand saw such attacks earlier this year when cyber criminals programmed bank ATMs to spew cash.

Currencies 77

Currencies Securities Banking Accounting 77

PYMNTS

NOVEMBER 21, 2016

Equity-crowdfunded FreeAgent, a U.K.-based small business accounting firm, has listed on the nation’s AIM stock exchange, the LSE ‘s market for smaller firms. FreeAgent broke ground with the listing but, according to reports, missed the mark on valuation. Friday (Nov. 18) reports said FreeAgent has become the first IPO on the market delivered by an equity crowdfunding platform, Seedrs, which launched a funding campaign for the startup last year.

Startups 77

Startups Accounting Valuation Benchmarking 77

PYMNTS

NOVEMBER 25, 2016

Bad guys know retailers and businesses are working to stay one step ahead of their sophisticated and malicious attacks. To combat this, hackers are looking to gain access to sensitive information by taking a much easier route: using legitimate credentials to go right inside. In this week’s Hacker Tracker , Ryan Stolte , cofounder and CTO at Bay Dynamics , joined PYMNTS to shed light on the growing cybersecurity concern of insider threats and how retailers are making big strides in keeping hacker

Retail 76

Retail Securities eCommerce Sales 76

PYMNTS

NOVEMBER 24, 2016

Germany stock exchange Deutsche Börse has participated in a funding round for local FinTech startup figo, reports said Wednesday (Nov. 23). Figo has developed an API for banks that supports the revised Payment Services Directive ( PSD2 ). In total, the firm’s Series B funding round yielded $7.17 million, reports said. Deutsche Börse didn’t reveal exactly how much it provided. “The figo team led by [CEO] André Bajorat has made clear the opportunities that exist for virtually eve

Investments 76

Investments Banking Startups 76

PYMNTS

NOVEMBER 21, 2016

India B2B payments firm Happay is now looking to accelerate the time it takes to onboard SMEs to its platform. The company revealed Friday (Nov. 18) that it rolled out its Express On-boarding Program for small businesses in the nation aimed to help SMEs more quickly use Happay services. The accelerated tool means small businesses can register and receive a working credit card in only a few days.

B2B 76

B2B Numbers Securities 76

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PYMNTS

NOVEMBER 23, 2016

Klarna, the Swedish payment service provider, is taking over Cookies, the Berlin FinTech startup that ran out of money. According to a report , the idea behind Cookies was to make mobile money transfers easier. The startup, once upon a time, was a darling among venture capitalists, but infighting among the company’s management led Cofounder Garry Krugljakow to not sign off on capital raising, which resulted in the startup running out of money.

Startups 76

Startups 76

PYMNTS

NOVEMBER 23, 2016

A new plan, titled “Sheltered Harbor,” was unveiled by the primary trade groups that represent the financial services sector to help standardize data storage for retail accounts and strengthen cybersecurity defenses. The Wall Street Journal reported that the plan is designed to help better protect the accounts of depositors and investors from cyberattacks.

Communication 76

Communication Planning Securities Accounting 76

PYMNTS

NOVEMBER 21, 2016

The name Sezzle’s got you thinking of sizzle, no doubt, and it very well should. The numbers are in. Same Day ACH payments are gaining traction right out of the gate, with nearly $5 billion and 3.8 million transactions in October, the first full month of activity. And though the bulk of that took place though direct deposit activity (think payroll) and B2B transactions, P2P and consumer bill pay saw tens of thousands of payments.

B2B 75

B2B Banking Numbers eCommerce 75

PYMNTS

NOVEMBER 22, 2016

Just in time for Black Friday, Google Data released its consumer trends report and predictions for the upcoming holiday shopping season. Here are the key findings, insights and trends to expect from consumers in the coming weeks. Top product searches in the first two weeks of November provided researchers with enough data to project the most popular sale items this holiday season.

Entertainment 75

Entertainment Sales Retail eCommerce 75

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.

Planning

PYMNTS

NOVEMBER 23, 2016

While more banks and businesses are delving into and even getting comfortable with the idea of blockchain, some businesses are removing themselves from it. Sort of. This week Goldman Sachs opted out of renewing its membership to the R3CEV blockchain consortium. The departure does not mean, however, that the bank is steering away from blockchain entirely.

Banking 75

Banking Auditing Startups Securities 75

PYMNTS

NOVEMBER 21, 2016

The dominating narrative in small business lending is the rise in alternative finance to fill the gaps left behind by traditional banks. Even so, FinTech innovators aren’t ignoring traditional FIs, with many developing solutions just for the banks to help them ease back into the game. But the realities of small business finance remain: SMBs are often more risky than large corporate borrowers, and undoubtedly, they’re less profitable for the banks.

Banking 75

Banking Finance Financial Data Economics 75

PYMNTS

NOVEMBER 21, 2016

Businesses today are extra careful about where they place their money — if they invest at all, that is. This week, we take a look at how companies are investing. In some cases, firms are investing in outsourced services to stay ahead of the competition. In other scenarios, it’s a business owner’s friends and family doing the investing. PYMNTS also explores the venture capital and lending spaces as professional investors make some changes and as businesses look to invest in themselves. $2.4

Investments 74

Investments Prioritization Startups Financial Reporting 74

PYMNTS

NOVEMBER 21, 2016

Data breaches are becoming more common these days, and it doesn’t matter which country the company resides in. That’s the case with the latest breach, which reportedly happened to Three UK, the U.K. mobile network operator. According to a report by TechCrunch , roughly two-thirds of Three UK’s customers have had their information compromised after hackers were able to get an employee login and access to the network.

Retail 74

Retail Numbers Accounting Marketing 74

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

Finance

PYMNTS

NOVEMBER 23, 2016

Doubt plagues any disruptive technology. But with federal officials now pressing for faster payments technologies to get off the ground, time is running out for the nay-sayers to be convinced. FinTech company linked2pay isn’t worried, though. The firm has introduced real-time payments capabilities for its Bank Centric Payments platform, built for financial institutions.

Compliance 73

Compliance B2B Securities Banking 73

PYMNTS

NOVEMBER 23, 2016

Hyperwallet, the global payouts provider to millions of independent workers, announced Tuesday (Nov. 22) it inked a partnership with USA Media Rights, a music and media rights company. In a press release, Hyperwallet said, under the partnership, USA Media Rights will continue to connect Hyperwallet with music industry organizations to improve the processing and delivery of royalty payments for recording artists, music producers and songwriters worldwide.

Foreign Exchange 73

Foreign Exchange Currencies Numbers 73

PYMNTS

NOVEMBER 22, 2016

Just in time for the holiday shopping spree — including Black Friday, Small Business Saturday and Cyber Monday — online selling platform Etsy has announced it now accepts Apple Pay. The company revealed Monday (Nov. 21) that its online site now allows buyers to pay via Apple Pay; previously, the company only supported Apple Pay when purchases were made on the Etsy iOS app.

Leverage 73

Leverage eCommerce Retail Marketing 73

PYMNTS

NOVEMBER 25, 2016

They’re the worst sort of uninvited guests — the ones who take your valuables and money. No, we’re not talking about klepto Aunt Edna. We’re talking about online fraudsters, the ones who cause calamity for consumers and merchants alike. And in a far-ranging conversation about technology-driven fraud that lies far beyond the reach of simple stolen credit card data, Forter CEO Michael Reitblat told PYMNTS’ Karen Webster that the holidays are simply a demarcation of timing and opportunity on the ca

Planning 73

Planning eCommerce Securities Sales 73

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Accounting

PYMNTS

NOVEMBER 24, 2016

Indian consumers may be suffering amid a cash shortage in the country, but two winners appear to be Visa and Mastercard. According to a report by Bloomberg , Visa and Mastercard are expected to see an increase in transactions and new cardholders due to the decision by the government to take high-denomination bills out of circulation. Bloomberg, citing analysts who cover the companies, said Visa and Mastercard wanted this type of change in India given the majority of transactions in India are st

Currencies 72

Currencies Financial Systems Investments Banking 72

PYMNTS

NOVEMBER 21, 2016

Starbucks is expanding its mobile app into other countries, announcing last week the launch of its mobile app in Indonesia. In a press release , the coffee chain operator announced customers in Indonesia can now pay via the mobile app in more than 260 stores in the country. With the app, customers can pay in-store by scanning the barcode linked to their Starbucks card.

Sales 72

Sales Accounting Marketing 72

PYMNTS

NOVEMBER 24, 2016

Analysts at Kaspersky Lab have discovered a string of attacks targeting users across Asia and Africa, the company said Wednesday (Nov. 23). Experts have identified cyberattacks that use what’s called a zero-day exploit, a program that allows additional malware to be installed on a device without the user’s knowledge. The attacks are hitting the InPage text editor software used by businesses with employees that speak Urdu and Arabic.

Education 71

Education Securities Technology 71

PYMNTS

NOVEMBER 22, 2016

India’s small business finance space got some renewed attention by investors this week when local startup numberz.in announced seed funding. Owned by Paradime Technologies, numberz.in offers cash flow management for businesses. The company secured $650,000 from Kae Capital and Khosla Impact, reports said Monday (Nov. 21). Numberz.in offers small and medium-sized businesses a way to manage cash flow by offering solutions like invoice and expense management, reports explained, adding that th

Cash Management 71

Cash Management Startups B2B Invoicing 71

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