PYMNTS

MAY 4, 2017

Cash is dead? Keep a lid on the casket talk. In the latest webinar series, PYMNTS’ Karen Webster jumped into the findings of the Global Cash Index, gaining a sense of the story behind the numbers in the United States and the Americas in general. In conversation with Cardtronics’ Brian Bailey, managing director for Global Financial Institutions, and Tom Pierce, chief marketing officer of the firm, Webster noted that even with the rallying cry of a war on cash in the digital economies — and in eme

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Real Estate Technology Retail Education 77

Katz,Sapper&Miller

MAY 1, 2017

James Carville famously advised during the 1992 presidential election: “It’s the economy, stupid.” This adage proves to be sound political advice 25 years later, as the state budget approved in the closing wee hours of the 2017 General Assembly had a decidedly economic bent to it.

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PYMNTS

MAY 3, 2017

Card issuer Mastercard posted results Tuesday morning that bested analyst estimates, buoyed by increased spending by consumers globally, driven across both debit and credit cards. The bottom line, at $1.01, was six pennies ahead of the consensus estimate and up 12.7 percent from a year ago, while revenues of $2.7 billion were better than the $2.6 billion expected and were up 12 percent year over year.

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PYMNTS

MAY 4, 2017

With so many consortia and internal development teams in play, it’s difficult to assess global banks’ progress on blockchain. But analysts assure progress is being made. Last year, IBM released surveys of 400 financial institutions across the globe to examine exactly how they’re positioned in their journey to develop and release real-world, working blockchain tools.

Finance 67

Finance B2B Start-ups Technology 67

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.

Account

PYMNTS

MAY 2, 2017

Credit card fraud is a fact that will likely continue to plague retailers for the foreseeable future. It’s on the rise in the eCommerce arena, according to data released from omnichannel commerce technology and operations company Radial’s eCommerce Fraud Technology Lab. In Q1 of this year, there was a 200 percent increase in credit card testing, up from 2016.

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Technology Entertainment Sports Retail 60

PYMNTS

MAY 2, 2017

On Monday, and for the first time ever, bitcoin was worth over $1,400. While the day’s high was $1,422.22 according to CoinDesk , trading at the time of writing was closer $1,413, up 4.88 percent for the day, up 42 percent from the start of 2017 and up a whopping 215 percent from this time last year. If there’s any probable cause for the rise, it’s likely that the SEC recently announced plans to review l ast month’s rejection of the proposed Winklevoss Bitcoin ETF.

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PYMNTS

MAY 5, 2017

Visa , the credit card issuer, announced Thursday (May 4) that it will help its financial institution partners create customized digital card management services for their customers. In a press release, Visa said as the Internet of Things (IoT) grows, consumers put their cards on file and implement recurring payments in more places. To help give consumers more visibility and control, Visa is creating capabilities that will complement several existing Visa functionalities.

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PYMNTS

MAY 3, 2017

Apple and its Apple Watch may have a problem on its hands as companies that made apps dedicated exclusively for the Apple Watch are giving up on the platform. According to a report , the companies have been quietly removing support for the watch in updates that they provide to the App Store. The report noted that over the past few weeks, Google Maps’ latest update to its iOS app removed support for the Apple Watch.

Technology 55

Technology Manufacturing 55

PYMNTS

MAY 2, 2017

A business run by self-proclaimed nuns is making a living by selling “healing” pot online. Christine Meeusen, who goes by the name Sister Kate, is the founder of a medical cannabis company, which she operates out of her home in California’s Central Valley, according to Business Insider. Sister Kate’s goal is to erase the negative stigma around cannabis, as well as create jobs for women who believe in its healing powers.

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Manufacturing Legal Start-ups Sales 51

PYMNTS

MAY 1, 2017

Carvana Co., a leading eCommerce platform for buying used cars, saw its shares fall 16 percent on the first day of its initial public offering (IPO). According to Barron’s , the stock was down $2.33, or almost 16 percent, at $12.67, below its IPO price of $15. Founded in 2012, the Phoenix-based company sells cars through its website and operates automated towers that store cars in U.S. cities, such as Austin and Dallas in Texas and Nashville, Tennessee.

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Tennessee Texas E-commerce 51

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PYMNTS

MAY 3, 2017

A new online marketplace, iVANZi.com, operated by Retail Linx, is already expanding into new territory. The company announced Tuesday (May 2) that it will launch a wholesale marketplace for B2B buyers and suppliers with multiple payment options designed for the wholesale space. IVANZi verifies both buyers and suppliers on the platform and enables suppliers to upload their inventory for pre-approved wholesale buyers.

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B2B Real Estate Retail Sales 50

PYMNTS

MAY 3, 2017

Salesforce is getting serious about helping startups that can help it — and is putting $100 million worth of money where its mouth is. Salesforce Ventures — the investment arm of the business — has launched a Salesforce Platform Fund to support early-stage companies. The goal of the new investment is “building an ecosystem of partners around us,” according to John Somorjai, executive vice president of corporate development and Salesforce Ventures.

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Technology Retail 50

PYMNTS

MAY 3, 2017

Ever since Facebook made its big bot announcement in 2016, conversational AI (or chatbots) are all of a sudden everywhere — along with their promise to enable a smoother and more conversational way for a consumer to interact with a business. Emphasis on the word “promise.”. But as most consumers who’ve had a bot experience in the last year can attest, the real-world experience doesn’t always, or even often, live up to that promise.

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accounting and finance Finance Start-ups Account 48

PYMNTS

MAY 5, 2017

With collective income slated to hit $680 billion this year, gig economy workers are a rising economic force — and one that is changing face. Traditionally, gig workers have been viewed as unskilled professionals that fall to part-time work because they can’t get full-time jobs. But Michael Ting, SVP, Digital Markets at Hyperwallet , explored with PYMNTS’ Karen Webster the evolving identity of the on-demand workforce, and how technology contributes to that change.

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Education Technology Healthcare Transportation 47

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.

PYMNTS

MAY 5, 2017

Wells Fargo Chief Executive Tim Sloan denied the company had specifically targeted undocumented workers during the years workers were creating fake customer accounts , but according to a former Wells Fargo employee, Yesenia Guitron, that is exactly what Wells Fargo did. According to a report in American Banker , Guitron, who worked for Wells Fargo in St.

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PYMNTS

MAY 1, 2017

It doesn’t matter where or who you are. Phishing attacks can happen to even the most vigilant among us. This point was driven home recently after it came to light that Facebook and Google found themselves out $100 million at the hands of one ambitious cybercrook. At the end of March , the U.S. Department of Justice (DoJ) announced plans to charge a man allegedly responsible for an $100 million business email compromise scam.

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PYMNTS

MAY 2, 2017

Now that the ink has dried on the paper, Mastercard’s acquisition of Vocalink is now official, as announced today on Mastercard’s Q1 earnings release. In the digital world, with consumers increasingly turning online to make every day purchases or using mobile apps to do the same in physical stores, speed, efficiency and customer choice is essential.

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PYMNTS

MAY 2, 2017

For small businesses, expansion is key, and expansion needs capital. For small business lenders and for FinTech too, expansion is key; but for Biz2Credit, expansion is literal. In a partnership formed recently with Puerto Rico’s Oriental Bank, Biz2Credit said late last month that it has begun offering its digital lending platform to the bank’s commercial clients.

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Florida California Manufacturing Education 47

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

Technology

PYMNTS

MAY 5, 2017

Sometimes it pays to be volatile — but there’s always the nagging risk of losing it all. Bitcoin’s value keeps breaking through ceilings again and again. What looks like a record high one day is left in the dust the next. It seems blowing past $1,400 at the start of this week wasn’t enough for the digital currency. Wednesday night into Thursday morning, trading saw bitcoin fly by another milestone: $1,500.

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Legal Retail Start-ups Tax 47

PYMNTS

MAY 2, 2017

Gig, a car sharing app created by AAA, the emergency roadside assistance service, is live in California’s Bay Area as of Monday (May 1). According to a report in TechCrunch , Gig comes out of A3 Ventures, AAA’s venture capital unit with the car sharing service which takes users one way and is now open in Oakland and Berkley. Gig takes a page from Enterprise’s CarShare or Zipcar , but what makes Gig different is that users don’t have to return the car to a specific location.

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Transportation 47

PYMNTS

MAY 1, 2017

Deutsche Post DHL, the German logistics company, is being tapped by Amazon to deliver groceries in Germany for AmazonFresh. According to a report in Reuters , citing comments Deutsche Post Chief Executive Frank Appel made at the company’s general meeting, Deutsche Post is aiming to be the service provider for online grocery sales. The deal, noted Reuters, is expected to alleviate concerns that Amazon’s own delivery services are a growing threat to Deutsche Post.

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PYMNTS

MAY 5, 2017

The service supply chain, also referred to as the post-sale or after-sale supply chain, is rife with potential to be enabled by digital transformation. A quick primer on the space. Working in the service supply chain means planning and managing a range of activities after the sale of goods or services — from asset management, support functions and repairs to the delivery of end-user services.

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Finance

PYMNTS

MAY 1, 2017

Last week, earnings managed to steal the front and center show. Amazon, Google, Microsoft, PayPal, Starbucks and MoneyGram all dropped their latest round of performance data on the markets — and investors and analysts were exuberant and/or terrified, depending on how closely those results conformed to what they thought was going to happen. But off the trading floors, the news cycle carried its own pace as Walmart made cash cheaper to send, bitcoin and the blockchain got a series of thumbs down f

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Non-Profits Technology Arkansas New York 46

PYMNTS

MAY 5, 2017

When it comes to accessing their money, today’s consumer wants it now, with the push of a button. As they grow bolder with this demand, consumer requirements for speed, simplicity and choice in how they get paid could soon make push payments technology a corporate standard. Several players in the payments space have recognized this urgent need for choice and speed and are stepping up to help companies offer this capability.

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Expense Reimbursements accounting and finance payroll Government 46

PYMNTS

MAY 3, 2017

As TechCrunch put it in its Tuesday (May 2) report, expense management for the self-employed “sucks.”. A new tool from QuickBooks Self-Employed is hoping machine learning technology can help with that. According to reports, the Intuit company is rolling out new expense management and invoicing features for independent contractors and freelancers. The publication said Intuit Senior Vice President and Chief Product Officer of Small Business Alex Chriss began exploring the issue around expense man

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Expense Management quickbooks Finance Tax 45

PYMNTS

MAY 1, 2017

Hackers took advantage of gaps in cybersecurity coverage at the periphery of the Society for Worldwide Interbank Financial Telecommunication’s (SWIFT) network — which enables cross-border banking transactions worth trillions for some 10,000 banks that use the service across more than 200 countries — to pull off a series of cyberheists in the past year.

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PYMNTS

MAY 3, 2017

Wells Fargo is trying to move beyond its fake account scandal, but that’s not happening at least in the city of Philadelphia, where the embattled bank lost a big government contract. According to a report in CNBC , the Philadelphia City Council voted Monday (May 1) to switch the company that handles its $2 billion payroll account from Wells Fargo to Citizens Bank for its next fiscal year, which begins in July.

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payroll Government Account accountant 44

PYMNTS

MAY 4, 2017

With a new executive director at the helm of the Orlando Tech Association , the city is prime to become a major power player in the tech scene. Over the course of the last decade, businesses have started flocking to the Orlando area. It’s also a popular destination for conferences with Gartner’s Symposium/ITxpo being held there every year.

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Technology Florida California income tax 44

PYMNTS

MAY 5, 2017

The rumor mill has been turning for months now about the prospects of Amazon ‘s break-out smart speaker device Amazon Echo gaining a touchscreen in its next iteration. Now, we might have some proof. Well, ‘proof’ may be a strong assertion. Let’s go with ‘potential evidence.’ AFTVNews just recently reported it had found a low-resolution image on Amazon’s servers that shows a device that looks similar to older video-phones, but which could be an upcoming E

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PYMNTS

MAY 2, 2017

Mastercard today announced the appointment of CIO Ed McLaughlin to president, Operations and Technology. In an interview with PYMNTS’ Karen Webster, McLaughlin spoke to the developments and challenges in the latest payments industry shift toward device-based and contextual commerce, the role of operations and technology in meeting consumer demand and what’s next for payments on the global stage — especially as it relates to financial inclusion.

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Technology E-commerce Retail Account 43

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