Sat.Jun 10, 2017 - Fri.Jun 16, 2017

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NEW REPORT: Can Western Union Leverage Its Heritage To Build A Better X-Border API?

PYMNTS

There was a time when the telegraph was as important to keeping people connected as the smartphone is today. And while the telegraph’s heyday may well be over, the network it once rested upon can still be put to good use, especially with an assist from API solutions. As more merchants and smaller businesses seek to engage in global commerce, several companies are stepping up their efforts to help merchants address the complexities presented by international trade.

B2B 108
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Indiana’s Workforce Issues Take Center Stage at 2017 State of Manufacturing & Logistics

Katz,Sapper&Miller

Last week’s State of Manufacturing & Logistics event was packed with celebrations of success, including the 10th anniversary of Conexus Indiana, the 10th year of publication for the Manufacturing & Logistics National Report Card, and the incredible strides the manufacturing and logistics industries have made overall in Indiana.

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Potcoin Value Soars Thanks To Dennis Rodman’s Trip To North Korea

PYMNTS

Potcoin , the digital cryptocurrency similar to bitcoin but aimed at the legal marijuana market, got much-needed publicity by sponsoring Dennis Rodman’s trip to North Korea. According to a report in Business Insider , the value of Potcoin jumped nearly 97 percent, to more than $0.18, in trading on Tuesday after Rodman was photographed wearing a Potcoin T-shirt when he arrived in the country.

Legal 71
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Amazon Opens Up Video Skill API So Alexa Can Control Any TV

PYMNTS

Could Alexa’s latest API skill stem losses to streaming services for pay TV providers and the telco industry? Some providers seem to think so, with Dish, NetGem and YouView already on board. The skill? Amazon announced June 8 that its virtual assistant has learned to control more than just the company’s own Fire TV stick: Now, for developers that opt to use the Video Skill API, any cable or satellite TV company, streaming service or content provider can add Alexa voice control to its app.

Maine 69
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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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AI/BOT: Man Versus Artificial Intelligence

PYMNTS

Since the advent of technology, the age-old battle of man versus machine has been an issue. Whether it’s televisions entering homes in the mid-20th-century or personal computers coming onto the scene in the late 1980s, technology has no doubt had an effect on everyday life. By integrating tech into various aspects of everyday life, many processes have become streamlined.

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How Visa Thinks About B2B Payments Innovation

PYMNTS

There’s no disputing that the pace of innovation in consumer payments over the last several years has been quick and its reach broad. There’s been an abundance of innovation in where consumers shop, what they use to pay when they buy and the devices they use to enable those payments. Along with an appetite for both consumers and merchants to embrace these new ways to pay in an effort to drive more commerce opportunities and improve the merchant and customer experience.

B2B 64

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Analysts Press For Corporate Payers, Banks And FinTechs To Collaborate

PYMNTS

Strategic Treasurer and Bottomline Technologies recently published a joint report on the B2B payments landscape: B2B payments + WCM Strategies. Their 2017 survey contains data points that all point to one conclusion: Companies are forced to reshape their payment strategies thanks to a combination of factors, including the rising threat of payments fraud, increased globalization and high payment volumes.

B2B 60
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Turkey Is Most Difficult Market for Regulatory Compliance

PYMNTS

Tax and accounting compliance can be an overwhelmingly monumental task as companies expand their geographic footprint. Analysts agree that a company should work with partners, advisors and technologies that can help them manage their compliance demand across borders. Not only do regulations vary from jurisdiction to jurisdiction, but the consequences of non-compliance vary greatly, too.

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APEX Analytix Taps Into AI For Supply Chain Optimization

PYMNTS

Supply chain management company APEX Analytix is adding artificial intelligence (AI) into its mix of offerings to help companies optimize their global supply chains and the money that flows through it. The company announced today (Thursday, June 15) that it is rolling out a new solution, APEX Archimedes, which taps into IBM Watson and uses artificial intelligence, machine learning, robotic process automation and natural language processing for greater efficiency in analytics, controls and workin

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Data Enabler Zooz Leverages Data To Drive Revenue

PYMNTS

When 90 percent of Chinese customers are abandoning online purchases at the payment phase, that should tell merchants something. But to learn from the data, first they need to see it. Zooz gives them a window into the data so that merchants can apply the facts to improve business results. “Payments generate considerable amounts of data about the customer journey and transaction results, but merchants generally lack the tools to access and analyze this data,” said Zooz CEO Oren Levy.

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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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NEW REPORT: Chatbot Enters The Omnichannel Game As Personal Stylist

PYMNTS

Everyone could use a little styling help from time to time, but would you more likely ask a bedazzling chatbot than a human personal stylist or a fashionable friend? When you cut subjectivity out of the mix, a bot’s smart recommendations may just be the thing to help consumers shop better and enable retailers to get a grip on the future of fashion (and conversions).

Gaming 52
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Blockchain Tracker: Is Retail Ready For Implementation Yet?

PYMNTS

Blockchain technology may be used widely in the financial services industry, but that doesn’t necessarily mean it will see a smooth transition into the retail sector. It certainly provides transparency among all parties, but the rapid speed with which eCommerce has accelerated processing payments may be an impeding factor to implementing blockchain technology in the retail space.

Retail 52
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Higher Interest Rates By Fed Mean Credit Card Loans Become Tougher

PYMNTS

So the Federal Reserve hiked interest rates, as had been expected by most on the Street and beyond, and the question as the 25-basis point boost becomes viewed through a rearview mirror: What might it all mean? First things first: The new rate range is 1 percent to 1.25, which is not high by any historical standard, and borrowing costs for loans are still low.

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Weird Commerce: Brooklyn’s Beer ATM

PYMNTS

Instant gratification. Instant demands. Instant information at the tip of the finger. New payments and vending technology is developed every day with the ultimate goal of making some part of either consumers’ or businesses’ everyday processes better. From cell phones to televisions, cars, and beyond, nearly every aspect of today’s society is connected or made easier in some fashion or another.

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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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Fiserv Will Acquire Monitise For £70M

PYMNTS

After two years of difficulty navigating a rapidly evolving mobile banking environment — long-struggling U.K. financial services firm Monitise has at last found a buyer. Fiserv has offered to buy out the 400-hundred person firm at a price of 2.9 pence per share, valuing the company at £70 million ($88 million). Monitise has never reported a profit in its 13 years on the market — though it did report annual revenues of £67.6 million for the financial year ending 30 June 2016.

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Emirates Islamic Applying QR Codes, Blockchain Tech To Paper Checks

PYMNTS

Emirates Islamic is reportedly planning on using a combination of QR codes and blockchain technology to enhance protection from fraud of paper checks. According to a report , Emirates Islamic plans to issue new check books, dubbed Cheque Chain, that include a unique QR code on each page as well as a string of 20 characters that are random. The report noted the move comes after a pilot by parent company Emirates NBD in which employees of the bank used the checks with the QR codes.

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New Venture Capital Round For Interior Design Site Houzz Will Put Its Value At About $4 Billion

PYMNTS

Houzz , the popular photo site used by homeowners to plan renovations, is finalizing a new funding venture capital round of $400 million that will value the home décor and interior design startup at about $4 billion. According to Recode , the new venture capital investment is being led by Iconiq Capital, the investment firm that has managed money for the Silicon Valley uber-wealthy, including Mark Zuckerberg and Sheryl Sandberg.

Sales 49
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The Modern Cure For The Summertime Blues 

PYMNTS

In 1966 Eddie Corcoran sang, “There ain’t no cure for the summertime blues,” which is a rather dark pronouncement of an otherwise pretty cheerful time of year. Long days, pool parties and outdoor BBQs seem to us to be more than adequate cures for whatever ails anyone in the summer, even for Mr. Corcoran, who (according to the lyrics of the song) had a pretty terrible but unspecified summer job.

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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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Bancor Raises $147M In Coin Offering

PYMNTS

The Bancor token was able to raise around $147 million earlier this week via an initial coin offering, reported Reuters. According to the report, it’s the second biggest venture capital fundraising by a player in the blockchain industry. Bancor provides technology for the creation of smart tokens that can hold one or more tokens or digital currencies to allow any party to purchase or liquidate them via a smart contract.

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The Buyers: Studying Chinese Consumers’ Online Interactions

PYMNTS

There’s no doubt that digital affects people’s everyday lives around the world. A byproduct of incorporating connectivity into just about any activity is how social media affects regular interactions. It can be difficult to discuss the digital effects without looping in social media. When it comes to the ramifications for the retail industry, a Deloitte study found that 56 cents of every dollar spent in retail stores today is influenced by digital interactions.

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Diebold and Samsung To Show Off ATM Withdrawals Via Facial Recognition

PYMNTS

Diebold Nixdorf , the connected commerce technology company and Samsung SDS America announced they are teaming up to show how integrating advanced mobile technology — such as facial recognition — and the self-service channel can result in enhanced security and an improved consumer experience. In a press release the companies said they will jointly demonstrate the mobile-based biometric authentication approach at this year’s Digital Banking conference in Austin, Texas from June 12 to 14.

Texas 47
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Meal Kit Startup Gobble Hires From Starbucks, Blue Apron

PYMNTS

Gobble , the Palo Alto–based meal kit startup service whose recipes can be prepared in 15 minutes with just a frying pan, a spatula and some olive oil, is shoring up its leadership team before expanding nationwide. The meal kit startup, an alternative to visits to grocery stores, has hired Steve Robinson, former head of global logistics and supply chain at Starbucks, and Brian McEvoy, former assistant general manager at meal kit competitor Blue Apron, to lead its scalability efforts.

Idaho 47
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Join the Instant Payment Revolution: Read 7 Must-Know Facts for Small Businesses

Technology evolves at lightning speed, and as finance keeps changing, instant payments emerge as a game-changer for small businesses. By 2030, instant payments are projected to surge by 289% and will become the new norm in financial transactions. Our whitepaper reveals seven must-know facts about instant payments, offering to help you navigate this financial revolution effectively.

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Amazon Officially Owns Patent On Making In-Store Price Checking Difficult (And On Irony)

PYMNTS

It looks like Amazon now has a patent on technology that will make it more difficult for shoppers to check prices online when they are in Amazon locations. The patent on irony is still pending. The tech — going under the sunny and upbeat-sounding moniker “physical store online shopping control” — intercepts certain websites, search terms and web activity that take place on its in-store Wi-Fi.

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Momentum Machines Gets $18M In Venture Funding For San Francisco Restaurant Run By Its Burger Bot

PYMNTS

If fast food workers win the fight for a $15 minimum wage, it’s not going to be much of a win, since restaurants can just replace them with robots. Momentum Machines introduced its fully autonomous burger bot in 2012, and now, with news of an $18 million venture capital funding round , it’s one step closer to opening its flagship San Francisco restaurant based around the prototype, which has been in the works since June of last year.

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Aspect Software Chatbot, Agent Sync Achieves Customer Satisfaction

PYMNTS

The age-old question of whether technology will replace human jobs has been a tough one to answer but hotly debated over the past few years. While automated services like chatbots have helped to streamline the customer service process, some are wondering if this disrupts customer service agents’ purpose. In the latest the latest Aspect Agent Experience Index by Aspect Software , it was revealed that approximately 80 percent of calls that come into a call center are ones that require littl

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Apple Customers In China Got Their Personal Data Stolen

PYMNTS

Apple has seen the police in China announce last week it arrested 22 people for allegedly selling the personal data of Apple customers. According to a report in The New York Times , police in Cangnan County in the eastern province of Zhejiang said the thieves have earned around $7.3 million from selling the data. In a statement, the police in China said Apple employees acquired personal data of customers illegally and that 20 of the 22 arrested worked for companies that sell products to Apple

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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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Shattering Merchants’ Information Silos In The Fight Against Fraud

PYMNTS

Can data make all the difference in the fight against payments fraud? Yes — if you know what to do with the data, and if you know where to find it in the first place. Easier said than done in an age where merchants and firms of all stripes and sizes are inundated with information that flows lightning quick, offering clues and confirmation of good actors and bad.

Retail 46
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Mastercard’s (Digital) Ticket to Ride

PYMNTS

We’ve all known about the ease of digital payments and the speed and efficiencies enjoyed over digging in one’s wallet or pockets for cash. It is the digging that causes lines to back up at a register or kiosk and grumbling to ensue. But crossing the Rubicon from paper tickets to digital ones is no easy feat when you’re dealing with mass transport and millions of riders as they use contact payments cards as they travel.

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Visa Ready Turbo Charges B2B Payments

PYMNTS

In Visa news, the credit card company is hitting back at rival Mastercard with the rollout of a B2B payments program just days after Mastercard announced its own B2B payments tool. Visa said Tuesday (June 13) in a news release that it is launching the Visa Ready Program for Business Solutions, a framework of solutions enabling companies to more quickly integrate Visa B2B payments tools.

B2B 44
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Data Enabler VoltDB Takes Stock Of Retailers’ Evolving Inventory Needs

PYMNTS

BOPIS – buying online and picking up in the store – is quick and easy for customers, offering the best of both worlds: They can browse to their heart’s content on the device of their choice, and then, instead of waiting five to seven days for shipping, they can pick up the purchase the same day. It has advantages for retailers, too. BOPIS empowers them to offer the best shopping experience, including the potential for impulse buys and up-selling, with a hybrid online-offline model.

Retail 44
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How CPA Firms Can Profit From Payroll Services Without the Extra Work

"Offer payroll and do it yourself,” they said. “It’ll be fun!” Spoiler alert: It was not fun. Most CPA firms know that they need to offer payroll services to their clients or risk losing them to another firm that will. However, many don’t really want to. It is often time-consuming and complex due to changing tax laws and regulations, and with the growing staffing shortages, most just don’t have the resources.