Sat.Nov 04, 2017 - Fri.Nov 10, 2017

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Building A Faster, Safer Network On The Blockchain

PYMNTS

When it comes to business, it’s no secret the competition is fierce. But in an increasingly interconnected world, even competing companies need to collaborate. Rival banks and financial institutions (FIs) need to work together to serve customers and transfer money between banks. Car dealers need parts from competing suppliers and manufacturers to keep repair shops and vehicles running without a hitch.

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3 strategies for building an analytics-driven sales organization

Anaplan

Today’s sales environment is being radically transformed by new and disruptive technologies. In a recent webinar, “The future of sales and how big shifts will impact your sales organization,” I joined principal Brandon Kulik and senior manager Simmi Mehta from Deloitte Consulting LLP’s sales force effectiveness practice to discuss key technology disrupters and their consequences. read more ?.

Sales 65
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TRENDING: Moving Into The Fast Lane, Riding Atop The Blockchain

PYMNTS

Today, companies large and small are investing resources into using blockchain and distributed ledger technologies, in what some may later view as the golden age of blockchain development. Interestingly, many of these investments are made with the aim of moving B2B operations for companies, from auto manufacturers to financial firms, into the fast lane. .

B2B 73
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No Storefront? No Problem: Future Retail May Be Unattended

PYMNTS

If only shopping weren’t so … shoppy. Sure, eCommerce takes away a lot of the hassle, but sometimes you need that last-minute pair of sunglasses or gloves, and ordering them online just isn’t an option. At least, not until Amazon invests in some beam-me-up magic. Say you just got off an airplane, and the weather is much colder than you expected. You’re traveling, and didn’t pack anything warmer.

Retail 58
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Planning Your Restaurants 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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Taking A Credit-First Approach To Alt Lending 

PYMNTS

Those who are fortunate enough to have access to credit often take it for granted. Imagine if your car broke down, your child needed school supplies or your father passed away and you couldn’t afford the funeral, but banks didn’t want to work with you because you either had bad credit or none at all. What would you do? Many would turn to family or friends for an informal loan, while others would be too proud to do so.

Finance 57

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Building A Stronger Bridge Between Finance And Procurement

PYMNTS

With procurement becoming a more strategic unit within the enterprise, much of its power comes in the form of spend management, savings and bottom-line benefits. But, according to eProcurement and spend management company Proactis , organizations can only wield that power within the procurement function if it communicates with the finance department — and, Proactis found in a recent survey, that’s only happening part of the time.

Finance 49
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Facebook Looks To Facial Recognition For In-Store Payments

PYMNTS

Facebook may be gunning to introduce facial recognition software for in-store payments at retail locations, as presaged by a patent application published Thursday (Nov. 9) with the U.S. Patent and Trademark Office. In his filing, patent inventor Stephen Moore Davis noted the plethora of payment methods in place at physical retailers — ranging from credit and debit cards to near-field communication (NFC) offerings — and that they “lack a secure and/or convenient method” through which to authentic

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Square’s Services And Payments Volumes Are Sizzling – So Why Are Investors Skeptical?

PYMNTS

Square continued its 2017 run of earnings strength with the release of its latest quarterly results on Wednesday (Nov. 8), notching growth in both payments volume and services revenue that came in ahead of analyst expectations. But shares were still down 1.3 percent in after-hours trading, as investors seemed to take something of a step back from a year that has seen Square’s stock price expand by leaps and bounds. “The main problem is that with the stock up 169 percent year to date, being

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Citi Expands Reach Of AR Solution Payer ID

PYMNTS

Citi’s Treasury and Trade Solutions is bringing its accounts receivable (AR) Payer ID solution to more markets around the globe. The financial institution (FI) announced news on Monday (Nov. 6) that Payer ID is now available in 44 countries, as Citi brings the B2B payments tool across North America and Western Europe. The accounts receivable solution enables companies to gain visibility into incoming payments for greater working capital management, Citi explained.

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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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The Power Of Direct Mail To Recall Conversions In Digital Channels

PYMNTS

The era of ascendant digital channels has come with a concurrent war on paper. Why write a check when you can swipe a card (or tap your phone)? Why mail a customer a coupon when a quick email is cheaper to get out and just as usable to the consumer who collects it? But, as the team at Dermstore has spent the last six months learning, sometimes an old school, paper-based solution is just what the doctor ordered, particularly if the disease is cart abandonment.

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Walmart Busts Florida’s Dumbest Retail Scam (So Far This Week)

PYMNTS

While we at PYMNTS.com would never applaud crime, we do have to credit Cheyenne Amber West of Fort Pierce, Florida, with boldness for her recent attempts to scam Walmart of more than $1,800 in consumer electronics. Boldness, but not brains, because while we can’t help admitting it was gutsy of her to try and slip nearly $2,000 in merchandise past self-checkout while only actually ringing in $3.70, it really wasn’t a very well thought-out plan.

Retail 47
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Glitch Freezes Hundreds Of Millions Of Dollars Of Ethereum

PYMNTS

Ethereum , the competing digital currency to bitcoin , was dealt a blow on Tuesday (Nov. 7) when a vulnerability in a cryptocurrency wallet froze as much as hundreds of millions of dollars. According to a news report in TechCrunch , Parity Technologies – which makes the hugely popular wallet Parity – said an issue could cause the contents of the wallets to be erased.

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USA Tech, Cantaloupe Team Up To Help Those Who Help Themselves

PYMNTS

Help yourself: Unattended retail just got more seamless and widespread with USA Technologies ’ acquisition of Cantaloupe Systems, Inc. The deal is expected to close by the end of this week, according to a press release by USA Technologies. The company put a total of $85 million into the deal: $65 million in cash and $20 million in stock. USA Technologies powers cashless and mobile payments in self-service retail settings — think Starbucks ordering kiosks and Home Depot key-cutting machines, for

Retail 46
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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

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.

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Goldman Sachs CEO Latest To Throw Shade On Bitcoin

PYMNTS

Add Goldman Sachs CEO Lloyd Blankfein to the list of people who aren’t fans of bitcoin. In an interview with CNBC , Blankfein said that “maybe bitcoin is a kind of a bubble,” adding: “I don’t like it. I’m not comfortable with it. I’m kind of an old dog to be absorbing that kind of a new trick.” Last month, Goldman Sachs compared key characteristics of gold and bitcoin, and revealed that when it comes to being assessed on the majority of the key character

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PayPal Challenges Paytm For India Market

PYMNTS

PayPal announced that it has launched domestic operations in India, which means it will be taking on China’s Alibaba-backed Paytm , the country’s leading digital payments firm. According to a Reuters news report, the government of India’s push for cashless transactions is leading more people to use e-wallets and card payments. “India is transitioning away from our biggest competitor – cash – and our digital platform and technology has immense scope to enable this at scale,” said Anupam Pah

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Wells Fargo Teams With Expensify, PointServ To Push Data Exchange

PYMNTS

Wells Fargo said Monday (Nov. 6) that it had forged agreements with two firms to help reconfigure the data exchange models that exist to share customer information with third-party services. As noted in a press release, Wells Fargo has partnered with PointServ and Expensify, which operate in the mortgage and business expense reporting spaces, respectively.

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USA Tech Acquires Cantaloupe To Expand Unattended Retail Footprint

PYMNTS

Help yourself: Unattended retail just got more seamless and widespread with USA Technologies ’ acquisition of Cantaloupe Systems, Inc. The deal is expected to close by the end of this week, according to a press release from USA Technologies. The company put a total of $85 million into the deal: $65 million in cash and $20 million in stock. USA Technologies powers cashless and mobile payments in self-service retail settings – think Starbucks kiosks and Home Depot key-cutting machines, for example

Retail 46
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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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Mastercard Adds Ex-CIA Director To Cybersecurity Team

PYMNTS

Mastercard announced news late last week that it named Jeanne Tisinger a senior advisor for cybersecurity. In a press release , the payments company said that in the role, Tisinger will contribute to the implementation and expansion of the company’s security strategy and public policy initiatives. Tisinger will also add to programs focused on enhancing current and future talent in these areas.

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Visa’s New Payment-Enabled Wearable Fits Like A Glove

PYMNTS

Visa , the payments company, announced news on Wednesday (Nov. 8) of the introduction of three commercially available wearable payment devices for the Olympic Winter Games PyeongChang 2018. In a press release , Visa, the exclusive payment technology partner of the Olympic and Paralympic Games, debuted three wearable payment devices, including NFC-enabled payment gloves, commemorative stickers and Olympic pins.

Retail 46
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In Expense Fraud, Admitting There’s A Problem Is The First Step

PYMNTS

For any organization with an attitude of, “It can’t happen to me,” here’s a wakeup call: Corporate fraud is common and on the rise. Earlier this year, researchers at the Association for Financial Professionals found that instances of check fraud and Business Email Compromise scams increased between 2015 and 2017, with fraud originating both within and outside the enterprise.

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Going Beyond Prepaid To Push Expense Management Beyond Travel Spend

PYMNTS

When it comes to employee spend management, innovations often circle around the business trip, tackling challenges like a lack of visibility and control over how employees spend corporate money while away from the office. It’s this environment that has given rise to the virtual card as one of the most promising payment technologies for corporates.

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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.

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Today In Data: Same-Day ACH Credit, Square Loans And Ransomware

PYMNTS

In a world of evolving technology and instant offerings, financial institutions (FIs), cybersecurity providers, merchants and consumers must all remain aware of the innovative solutions popping up around them — and the bad actors looking to take advantage. Today in PYMNTS’ data, FIs are offering same-day credit transfers to businesses, Square’s loans have reached record highs, U.S. adults want easier access to registration systems for outdoor activities, more households than ever are turning to

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Securing Consumer Data Beyond The SSN

PYMNTS

The Social Security number (SSN) was never meant to get this much attention. It was never meant to be shorthand for, well, you – proving that you are who you say you are, serving as a gateway to all manner of sensitive data and, of course, financial accounts. Yet those nine numbers have become a standard bearer for identity verification, a gold mine for fraudsters – maybe rendered moot by the huge breaches at Equifax and other companies.

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IT Security Professionals Less Confident In Addressing Targeted Cyberattacks

PYMNTS

With the cybersecurity threat constantly looming and, in many instances, growing for corporations, a new report from Kaspersky Lab suggests businesses shouldn’t necessarily rely on their IT departments to safeguard their firms. That’s because many IT security professionals themselves are at a loss for how to protect the enterprise against targeted cyberattacks, researchers concluded in Kaspersky’s “ New Threats, New Mindset: Being Risk Ready in a World of Complex Attacks ,” released last week.

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UK Suppliers To Lose EU Business, Survey Finds

PYMNTS

U.K. suppliers could lose a lot of business from their EU corporate clients, according to a new survey by the Chartered Institute of Procurement & Supply (CIPS). As reported in The New York Times on Monday (Nov. 6), the CIPS survey found that 63 percent of non-British EU companies say they plan to remove at least part of their supply chains from the U.K.

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PowerPoint Best Practices for Creating Stellar Presentations

Mastering data visualization in PowerPoint will help accelerate your career because it positions you as someone who can present data that drives business decisions forward. think-cell's PowerPoint Best Practices eBook was created specifically for professionals aiming to master the art and science of data-driven storytelling. What’s inside: Practical Insights: Uncover valuable tips for crafting engaging and persuasive presentations.

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Walmart Gets Ready To Black Friday Rumble

PYMNTS

Two weeks before Black Friday, Walmart is already preparing and hoping to get shoppers thinking that way as well. In a Thursday (Nov. 9) announcement, Walmart released news that its U.S. stores would be rolling out color-code in-store sections for various types of goods during the Black Friday crush of shoppers, Reuters reported. The goal of the color-coded Black Friday initiative is to make it easier for customers to visually navigate the store and snap up deals as they become available.

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AmazonFresh Goes Stale – What Now?

PYMNTS

It seems AmazonFresh is past its expiration date in certain markets. In case you missed it: The eCommerce giant announced on Friday (Nov. 3) that it would be phasing out the grocery delivery service in parts of New Jersey, Pennsylvania, Delaware, Maryland, California, New York, Connecticut, Massachusetts and Virginia. More specifically, it’s phasing out service in suburban areas.

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Lowes And b8ta Collaborate On Smart-Home Shopping

PYMNTS

After running a three-store pilot approximately one year ago, home improvement and appliance chain Lowe’s has announced news it will partner with software-powered electronics retailer b8ta to launch its “Smart Home powered by b8ta” connected-home shopping experience. The collaboration will be available in 70 Lowe’s storefronts nationwide. Envisioned as stores-within-stores, the Smart Home shop is intended as a destination shop for gadget-enthused customers looking for ways to smarten up t

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