Sat.Mar 17, 2018 - Fri.Mar 23, 2018

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NEW REPORT: Wells Fargo On Leveling Up Its Digital Banking Game

PYMNTS

Online and mobile banking interfaces have become must-have features for financial institutions in the digital age. Fifty-five percent of Americans have a full-service banking app on their phone, and 16 percent check these apps at least once per day. Customers think of these digital offerings as crucial to their banking decisions. More than 50 percent reportedly believe it’s important for banks to provide mobile deposits, P2P services and account openings.

Banking 60
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At Hub, many paths to a connected sales plan

Anaplan

Earlier this month, nearly 1,400 members of Anaplan’s community converged on seasonably-warm Las Vegas for Anaplan Hub, joining together to exchange ideas, stories, best practices, and sheer excitement about the power and future of connected planning. With so much shared knowledge in attendance, insights suffused the Vegas air like freshly-cashed racetrack slips.

Sales 40
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Shopify: Online’s Biggest Liability Is A Friction-Filled Checkout

PYMNTS

Losing out is always a bitter pill to swallow, but the worst defeats are the ones that are seemingly snatched from the very jaws of victory. The Bill Buckner between-the-legs-bauble, the Aaron Boone Green Monster killer, the David Tyree helmet catch – the moments when fate intervenes in the form of a small bad choice cascading out of control. The unforced errors that take wins that looked like sure things and nudge them ever so slightly – but permanently – out of reach.

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Why Toys R Us May Signal The Start Of An Insolvency Spike

PYMNTS

It was a coincidental happening that the same month Atradius released its latest insolvency forecast – which found that insolvencies around the world are low, thanks to a strong economic outlook and low interest rates – news of the Toys R Us bankruptcy hit the headlines and sent shockwaves throughout its supply chain. The backlash continues, as suppliers have reportedly criticized ongoing bankruptcy proceedings that could lead to the defunct retailer leaving more than $450 million in invoices un

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Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

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.

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How Gift Certificates Evolved From Paper To Wearables

PYMNTS

In the 1930s, gift certificates made their debut at major department stores. But they weren’t available to everyone. Clerks were told to hide the certificates and only sell them to select customers who asked for them. Years later, McDonald’s brought gift certificates to the masses with its Christmas gift certificate program. With their fast food debut, other merchants — along with malls — started offering them.

More Trending

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Amazon Says Go Stores An Early Hit With Customers

PYMNTS

It looks like consumers who try Amazon Go like it enough to keep coming back, particularly if the cashier-free shops are in proximity to where they live or work. “The ones who work very close, like in the building up above, will come down even just to grab a drink because it’s so fast and easy,” said Amazon Go Vice President Gianna Puerini according to Reuters , at the ShopTalk eCommerce conference in Las Vegas, offering a rare glimpse into a very new retail format for the commerce giant.

Retail 57
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Legislators Introduce Bill For Faster Payments To Small Businesses

PYMNTS

Legislative efforts to combat late supplier payments have emerged in Europe, the U.K. and Australia. Now, similar initiatives have begun in the U.S. Reports in SCVNews on Wednesday (March 21) said Rep. Steve Knight (R-CA) and Rep. Adriano Espaillat (D-NY) introduced the Accelerated Payments for Small Businesses Act of 2018. The legislation would require government entities to pay their small business contractors within 15 days of receiving an invoice, reports explained, and would introduce simil

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Macy’s Rolls Out Mobile Checkout

PYMNTS

In an effort to make checkout easier for customers, Macy’s plans to roll out mobile checkout in its brick-and-mortar stores. The technology, which is powered by the retailer’s mobile app, is expected to be deployed to all of Macy’s full-line stores by the end of the year, CNBC reported. Through the app, shoppers can scan an item’s barcode as they add it to their carts.

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Retail Bankruptcy Tracker: Claire’s And Grocers Throw In The Towel

PYMNTS

As sad as the end of Toys R Us may be, the iconic toy store is far from the only retailer struggling these days — and it’s not the only one throwing in the towel this week. Say goodbye to Claire’s, the girls’ accessories chain, which on Monday (March 19) filed for Chapter 11 bankruptcy protection. And, of course, grocery giants such as Amazon, Walmart and Kroger continue to put smaller players out of business.

Retail 57
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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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Cryptojacking New Bastion Of Growth For Hackers

PYMNTS

With the ransomware market becoming saturated and overpriced, hackers are setting their sights on so-called cryptojacking, which is giving them a new revenue stream. That’s according to the new Symantec Internet Security Threat Report which was released Thursday (March 22). The report provides a deep dive into the threat landscape by analyzing data from its Global Intelligence Network, which tracks more than 700,000 global adversaries, records events from 126.5 million attack sensors around the

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FedEx Mini-Stores Coming To 500 Walmart Stores

PYMNTS

FedEx is coming to Walmart in the form of internal shops that will help customers print, pack and ship out of 500 of the retailer’s locations nationwide. The pilot, according to news from CNBC — which is being tested at Walmart locations in North Carolina, South Carolina, Virginia, Arkansas, Texas and Colorado — has already exceeded expectations. Consequently, the small-format shops will be unveiled at 500 Walmart locations over the course of the next two years.

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First Data Expands Alipay Acceptance To 600M Chinese Users

PYMNTS

Ant Financial’s Alipay is expanding across North America as it broadens its partnership with First Data , the companies announced Monday (March 19). The digital payment platform has added 35,000 merchants across the region, enabling Alipay’s 600 million Chinese consumers the same payment experience at the point of sale (POS) while traveling abroad in the United States.

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How Toys R Us’ Demise Could Benefit Amazon And Other Retailers

PYMNTS

One retailer’s loss could be another retailer’s gain: Even though Toys R Us is facing bankruptcy, other retailers may benefit from the embattled toy retailer’s demise. Amazon could take over some of Toys R Us’ stores, which may be soon vacant as the retailer winds down its operations. And while Amazon doesn’t want to keep the Toys R Us brand, it could use the space to display its own products, Bloomberg reported.

Retail 55
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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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Foundation Is Laid, Momentum Kicks In For Amaryllis

PYMNTS

There comes a time in every startup’s life when momentum kicks in and everything becomes a whirlwind of activity. Or maybe that’s just startup life in general. Either way, Amaryllis CEO Mark Bishopp said that’s exactly where the startup has found itself this past quarter, with many key developments to report. Perhaps the most important of these was the completion of its certification with Vantiv.

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Plattsburgh Temporarily Halts Bitcoin Mining As It Raises Electricity Costs

PYMNTS

Plattsburgh, the small upstate New York town, has placed a temporary halt on cryptocurrency mining in an effort to preserve natural resources, the health of the residents of the town and the so-called “character and direction” of the small city. Bloomberg, citing Plattsburgh, reported residents of the town on the Canadian border are fed up with all the cryptocurrency activity going on and resorted to the measure to reign some of it in.

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Brick-And-Mortar Retailers Take On Omnichannel

PYMNTS

To meet consumers where they want to shop, retailers are taking an omnichannel approach to their offerings. Some customers – those of the brick-and-mortar persona – just want to shop in-store and haven’t purchased anything online over the past three months. And retailers are taking notice: Walmart , for example, recently introduced meal kits in its stores after selling them exclusively online.

Retail 54
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France Wants To Create ICO Framework To Lure Startups Its Way

PYMNTS

In an effort to lure more FinTechs its way, France is working on a regulatory framework that would enable startups to raise funding via cryptocurrencies. Economy minister Bruno Le Maire wrote in an article for Numerama, a French website which was covered by the Financial Times, explaining that Paris is aiming to introduce legislation that lets companies launch initial coin offerings and get a formal stamp of approval.

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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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HelloFresh Buys Boulder-Based Green Chef

PYMNTS

HelloFresh has made a play for scale with a new acquisition — organic and vegan food delivery company Green Chef. As of yet, it’s not known how much the meal kit company paid for the Boulder-based startup. Green Chef has been in operation for about four years. It was founded by CEO Michael Joseph to delivery vegan and gluten-free food to the masses.

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No Cashier? No Problem: The Checkout-Free Future Of Grocery

PYMNTS

What’s a grocery store to do if it wants to go cashier-less but it’s not Amazon Go ? There are a number of tech companies trying to answer that question for stores of all sizes, from large chains down to smaller mom-and-pop markets. It’s easier said than done, according to Liu Yang, growth hacker at AiFi Inc. , one of the tech companies working to make inroads in the space.

Retail 53
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Starbucks Wants Customers To Order Faster With Mobile App

PYMNTS

Although using the Starbucks mobile app can get you a grande latte faster, many of the coffee chain’s customers don’t seem to be in much of a rush to give up waiting on line just yet. Reuters interviewed more than two dozen Starbucks customers and discovered that while everyone interviewed appreciated the faster service, many also enjoy the ritual of waiting in line and chatting up their barista while visiting the coffeehouse.

Retail 53
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Global Regulators Work Together On Blueprint For FinTech ‘Sandbox’

PYMNTS

Regulators from around the world are teaming up to create a blueprint for a global FinTech “sandbox.”. According to Reuters , Britain’s Financial Conduct Authority (FCA) announced the plans for a global testing bed for new financial technology apps. “Later this week we start work with interested regulators, including colleagues across Europe, the U.S. and Far East, on a blueprint,” Chris Woolard, the FCA’s executive director of strategy and competition, told the Innovate Finance conference in Lo

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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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Toy Maker CEO Leads Pledge Of $200M To #SaveToysRUs

PYMNTS

In an unusual bid to save some Toys R Us stores from closing, toy maker executive Isaac Larian — along with other investors — has started a crowdfunding campaign. The effort aims to save more than half of the retailer’s 735 stores that could close through bankruptcy proceedings, the AP reported. The campaign hopes to raise $1 billion in funding. A website, savetoysrus.com , sends consumers to a GoFundMe page.

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Flutterwave Taps Flywire For Cross-Border Payments In Africa

PYMNTS

Flywire, a provider of global payment and receivables solutions for education, healthcare, and business, announced Tuesday (March 20) that it has inked a new deal with Flutterwave, a payments API that makes it easier for banks and businesses to process payments across Africa. In a press release announcing the partnership, Flywire said it will integrate Flutterwave’s Rave payment platform as the preferred option for students, patients and businesses in Nigeria who are making cross-border p

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Target Experiments With New Loyalty Program

PYMNTS

As growth of Target -branded payment cards has slowed, the retailer is beginning to experiment with a new rewards program: Dubbed “Target Red,” the new program will not be linked to a debit or credit card , The Star Tribune reported. “We know not everyone wants another credit card,” Joshua Thomas, a Target spokesman, told the newspaper. “So, we want to find a way to grow our relationship and affinity with those guests.”.

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Travel, Capital And Revenue — Today In PYMNTS Data

PYMNTS

Innovations are popping up everywhere. They’re helping on-the-go domestic travelers get the food they crave, city dwellers more efficiently park their cars , companies address top technology concerns and business-to-business (B2B) startups secure funding to help them target enterprise data — and the changes are far from over. After all, who would have thought more than half the revenue for a retailer like Walmart would come from grocery sales ?

B2B 51
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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.