Sat.Jan 04, 2020 - Fri.Jan 10, 2020

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People’s Bank Of China Making Progress Toward Digital Coin

PYMNTS

China’s central bank, the People’s Bank of China (PBOC), said it has completed the “top-level” design of its proposed digital currency, according to reports. The PBOC released the information in a recently released paper, saying that the “top-level design, standard formulation, functional research and development” of the digital yuan coin has been completed.

Banking 102
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Hello, and Welcome to Adam Kae & Associates!

Adam Kae

If you’re reading this, you may be seeking professional financial consulting or curious about how we can help your company move toward greater financial growth. Small business has quickly become the backbone of the United States with over 58.9 million people employed in a small business according to the U.S. Small Business Administration. To put that into perspective, that’s 47.5% of the private workforce!

CFO 52
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What Variance Tells You About Your Organization

FPA Insider

When you think of variance, you probably think of something going wrong. However, examining variances can serve as an indication of what’s behind the numbers- not necessarily meaning that something is wrong, but rather that something is driving different results than expected. Variance analysis examines deviations in financial metrics relative to some former time period or budget.

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Socially Responsible Investing (SRI): The Insiders’ Take

CFA Institute

Leaders in socially responsible investing (SRI) shared their in-the-trenches perspective on this evolving space.

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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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Amex Cleared To Operate In China

PYMNTS

The central bank in China said it has accepted an American Express application to start working in the country, according to a report by Reuters. The news was released in a social media post by the official People’s Bank of China (PBOC) account on Wednesday (Jan. 8). The post did not say when Amex would start operations in the country. In November of 2018, Amex got approval to clear card payments by the PBOC , making it the first company of its kind to get access to what will become the largest

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Rethinking Management Reporting

FPA Insider

According to Deloitte , management reporting is the foundation for monitoring performance, tracking against plans and making strategic business decisions. Data ranges from financial data, employee headcount, client, accounts, products, client assets in custody, investment performance, etc. Complete, accurate and timely management reporting is fundamental to a well-run business and strong finance operations.

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Women and Finance: The 2019 Rich Thinking Quantitative Survey Findings

CFA Institute

If it was ever true that women were excessively fearful about risk, it’s not true anymore.

Finance 52
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Who Will Shape The Future Of The Connected Economy?

PYMNTS

Ten years ago, the world of payments and commerce was in a very different place. ISOs sold terminals and card processing, mostly to brick-and-mortar merchants. Square was a newbie, largely written off as a wrought-with-fraud business model that would never survive and scale. The Collison brothers had founded Stripe, but it would be a year before it would be in-market.

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PwC: 2020 will be a year of ‘slowbalisation’

Future CFO

PwC predicts that 2020 will be a year of ‘slowbalisation’ in the global economy, where trade tensions continue to create challenges for global supply chains and further integration of the global economy. Having said that, PwC pointed out that services would remain a bright spot for global trade , with the total global value of service export forecast to hit a record US$7 trillion in 2020. .

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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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Overcoming The Pre-Accounting Hurdle Of Data

PYMNTS

Following anxieties that robots would replace their jobs, small business (SMB) accountants are now on a path to potentially become more strategic partners with their SMB clients. Many industry players are touting the ability to use analytics and automation technology to handle mundane, time-consuming tasks, freeing up resources for accountants to take on more advisory roles.

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First Of 40 Burger King Venezuela Locations Now Accepts Bitcoin

PYMNTS

Burger King is letting people pay their way in Venezuela with a new bitcoin partnership that enables cryptocurrency purchases, CoinTelegraph reported on Saturday (Jan. 4). Confirmed in a Dec. 30 tweet by @cryptobuyer, a Panama-based crypto platform, there is one Burger King in the Sambil area of Caracas that accepts coin payments from bitcoin, Ether, Litecoin, Binance Coin, Dash and the stablecoin Tether.

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Forty Percent Of US-Listed Companies Report Losses

PYMNTS

The share of listed companies in the U.S. that are losing money is nearing 40 percent, which is the highest level since the 90s outside of a recession, according to a report by The Wall Street Journal. This time, there are no recessions and stock market indexes are at near or almost record highs. Some of the industries that are losing the most money include healthcare companies (at 42 percent of the loss-making companies) and tech stocks (17 percent).

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Visa: Road Tripping Into Connected Commerce’s Future Present

PYMNTS

It wasn’t long ago that the measure of a car or truck revolved around such things as the punch and pull of the engine, the smoothness of the transmission, perhaps even the thump of the stereo system. Those days are not exactly gone (those types of drivers still exist, and probably always will), but the standards have certainly changed, and will continue to do so.

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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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NRF Talks PIN-less EMV And POS Fraud

PYMNTS

The development of digital identity solutions shows no signs of slowing in the new decade, with the mobile biometrics market expected to add $28.45 billion per year in incremental growth between 2018 and 2023. Facial authentication and cloud-based subscription services are particularly popular, with applications ranging from unlocking personal smartphones to providing secure access to top-secret government facilities.

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Tesla Invites Hackers To Find Flaws For Prizes At Competition

PYMNTS

To challenge hackers to find flaws in its vehicles, Tesla , the electric automaker, is returning to the Pwn2Own hacking competition run by Trend Micro ’s Zero Day Initiative (ZDI), electrek reported. Some Model 3 vehicles and approximately $1 million are said to be for the taking. “Driving off with a brand-new Model 3 will be a harder challenge this year, which means the potential rewards will be much higher as well,” ZDI said in a press release.

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Mall Vacancy Rate Reaches 20-Year High Of 9.7 Pct.

PYMNTS

U.S. shopping malls have reached the pinnacle of struggle, with empty shops hitting a 20-year high, the Financial Times (FT) reported on Tuesday (Jan. 7). By the end of 2019, there were more vacant stores than at any time during the past two recessions, according to Reis Moody’s Analytics. People are shopping and spending is strong, but eCommerce is getting most of the sales rather than physical stores.

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How Tech Is Reinventing How Brides Say Yes To The Dress

PYMNTS

A typical episode of TLC’s “Say Yes To The Dress” can offer one the basic sketch of the drama that is buying a wedding dress. Though the details change somewhat episode to episode, the story pretty much always follows the same arc: The bridal party enters, the bride explains her vision, dresses are tried on, fights break out, bitter tears are shed, the right dress is found, the price tag is seen, more bitter tears are shed, the bride says yes to the dress and everyone drinks champagne by minute

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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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The Weird Commerce Of The Dark Web

PYMNTS

In the day-to-day life of the regular law-abiding internet user, the dark web is mostly a scary unknown. Insofar as the average consumer knows, that side of the web – which is accessible only via a TOR server – is the place where their personal information is sold whenever there is a data breach. A slightly more knowledgeable consumer might also know that the dark web is where one goes to buy illegal things with bitcoin.

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Procurement AI Tackles The Drawbacks Of Sluggish ePayments Adoption

PYMNTS

Enterprise digitization continues to ramp up the availability of data, and open up new opportunities for in-depth analysis of that information. However, it’s no longer enough for solution providers to simply analyze corporate data. Businesses demand actionable insights, and analytics technology must be tailored to users in a way that can guide corporate strategy.

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Google Assistant Previews Upcoming Voice AI Feature

PYMNTS

Google Assistant is aiming to help users in even more ways thanks to new features the company debuted at CES 2020 throughout this past week. Later this year, the popular virtual assistant, which is available on mobile and smart home devices in 90 countries and engaged by nearly half a billion users each month in 30 languages, will read web pages aloud in a more pleasant, realistic voice.

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Little Caesars Teams With DoorDash For Delivery

PYMNTS

To supply pizza delivery services from 3,600 restaurants in Canada and the United States, Little Caesars Enterprises Inc. will team with DoorDash Inc. Little Caesars, which is said to be the third-biggest pizza chain in the world, had never offered delivery until now, Reuters reported. The quick-service chain will not require customers to make minimum purchases to receive deals and will not restrict discounts to carry-out orders.

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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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Retail’s 2020 Digital-First Payments Roadmap

PYMNTS

Consumers have always influenced how payment methods evolve – stretching back centuries to the barter system, and extending, now, into the digital age. And as payments are done in bits and bytes, across all manner of use cases, consumers prize convenience and personalization. For merchants, it’s imperative to take stock of the existing (and evolving) payment preferences that can be markedly different across generations – but delivering a seamless experience is a way to cement loyalty and drive r

Sales 60
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PayPal Finalizes $4B Honey Acquisition

PYMNTS

PayPal has completed a $4 billion deal — its largest to date — to acquire the shopping rewards platform Honey Science Corporation , PayPal announced Monday (Jan. 6). With Honey, PayPal is striving to revamp the shopping journey for its customers while upping eCommerce sales and shopper engagement for its merchants. Founded in 2012, Honey has grown from an eCommerce price-tracking tool to an expanded suite of services that include a shopping assistant and rewards program.

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Deep Dive: How Open Source ID Solutions Can Accelerate Digital ID Implementation

PYMNTS

Digital identity solutions are becoming increasingly necessary as the world’s population grows. An estimated 1.1 billion people worldwide lack basic ID credentials, according to the World Bank, and that number rises even higher when it includes individuals with poor-quality IDs that cannot be easily verified. Those without access to verifiable credentials are often restricted from obtaining vital services like education and healthcare.

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Brexit And The FinTech Hub Hubbub

PYMNTS

No one knows just what Brexit will mean for commerce, for international trade, for currencies across the Continent. The only certainty is that the effects will be far-reaching. We’re about to find out what it all means, of course, as the beginning, well, begins. After nearly three years in the making, and barring any unforeseen events, Brexit will dawn at the end of the month.

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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.