PYMNTS
DECEMBER 20, 2017
Passport, company that’s managing much of the technical aspects of how people pay to use public transportation resources in cities like London, Miami and Los Angeles, has just raised $43 million. The money, from Bain Capital Ventures, will go to help the company expand its payment and transaction services nationally and internationally. Read More.
PYMNTS
DECEMBER 20, 2017
“Half the money I spend on advertising is wasted; the trouble is, I don’t know which half.”. That’s a quote from department store maven John Wanamaker, illustrating a conundrum for retailers (and merchants in general): Namely, you’ve got to reach out to consumers if you are going to convince them to buy your wares. But reaching out involves time and money — both precious commodities.
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PYMNTS
DECEMBER 13, 2017
Online retailer eBay , following in the footsteps of Overstock.com, is contemplating allowing bitcoin as a payment method. In an interview with Yahoo Finance , Scott Cutler, SVP of eBay Americas, said the eCommerce retailer is “seriously considering” accepting bitcoin payments but noted the company is “not quite there yet.” He noted that eBay is currently focused on the holiday shopping season, which is turning out to be a strong one for online retailers. .
PYMNTS
DECEMBER 28, 2017
If I told you that you could travel back in time, to the end of the nineteenth century, and invest in a country that was recently war-torn, and in great transition, would you do it? You’d need to know that the government was primarily one ethnic group, but immigrants with different languages, customs, and religions were arriving in that country, at unprecedented levels, crowding the cities and looking for jobs.
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.
PYMNTS
DECEMBER 20, 2017
What do track and field stars, NASCAR drivers and millions of businesses owners around the United States have in common? They all have an appreciation for speed. While more speed may mean more endorsement money for athletes, it means faster settlements and more efficient business for commercial banking customers. With a growth in demand, banks and FinTechs are working to give business owners the speed they need.
PYMNTS
DECEMBER 8, 2017
Payment Rails is making its official step into the cross-border payments market through the launch of its application program interface (API) and payment platform, the company said Thursday (Dec. 7). In a press release , Payment Rails said its white label platform supports business payments sent to more than 220 countries in more than 135 currencies.
Accountant Advocate brings together the best content for small business accounting professionals from the widest variety of industry thought leaders.
PYMNTS
DECEMBER 6, 2017
As the financial services industry takes a look back at 2017, a few milestones stand out: the progress of faster and instant payment initiatives. The evolution of blockchain-based services. Collaboration between FinTechs and banks. And, much to the relief of corporates, the continuing focus on B2B payments innovation. Businesses have begun to shed the notion that they are slow to embrace new technologies, and that means the disruptive services and solutions coming out of the financial services s
PYMNTS
DECEMBER 14, 2017
Banks and FinTechs may have had frosty relations in the past , but new open API ecosystems are now enabling former competitors to collaborate and grow their respective businesses. While collaboration is often seen as the more appealing approach, an open banking ecosystem invites its own challenges for traditional banks. Specifically, these financial institutions (FIs) must learn how to collaborate and innovate at a considerably faster pace.
PYMNTS
DECEMBER 14, 2017
Three computer hackers behind the Mirai botnet, which kicked websites offline last year in cyberattacks, have pleaded guilty to cybercrime. Citing court documents, Reuters stated on Wednesday (Dec. 13) that former Rutgers University student Paras Jha pleaded guilty in federal court in New Jersey to charges, including writing code that enabled him to infect and control devices.
PYMNTS
DECEMBER 21, 2017
We asked our readers to give their favorite holiday tunes a T1D spin. Here are some lyrics for all to enjoy: The Night Before Christmas with Type 1 Diabetes. ‘Twas the night before Christmas, when all through the house, Not a creature was stirring, till the CGM alarm did rouse; The testing supplies were stocked by the bedside with care, In hopes that a finger prick soon would be there.
Advertiser: Paycor
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.
PYMNTS
DECEMBER 26, 2017
Mozilla has patched one critical vulnerability in its Thunderbird email client along with two bugs rated high.
PYMNTS
DECEMBER 14, 2017
Not innovating is not an option. Perhaps in the early days of digital banking and mobile apps, innovative technology was a “nice to have,” but that is no longer the case. Today, it is a must-have for financial institutions (FIs) — that is, if they want their payment products to be the first one for which customers reach at the point of sale, whether physical or digital.
PYMNTS
DECEMBER 13, 2017
Augmented and virtual worlds have long been touted as the future for all kinds of things — gaming, healthcare, travel, tele-learning. They’re experiences where being there counts in a lot of important ways, but virtualizing the experience and making it consumable digitally catches most of that in-person benefit, without the hassle of in-person travel.
PYMNTS
DECEMBER 19, 2017
Employee fraud is a monumental issue, especially for small businesses (SMBs) without resources to track every penny workers spend. But that fraud is only part of the problem stemming from a lack of visibility into corporate spend. In addition to employee expenses, another key challenge for companies is the money they spend, and sometimes waste, on subscription services.
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
DECEMBER 1, 2017
It’s tempting for small merchants to see cash through rose- (or should we say green-) tinted glasses, but major industry players think it’s time to break up the love affair — or, at least, give both parties some distance. Players like Mastercard are encouraging micro businesses to give mobile payment acceptance a whirl, hoping they’ll feel the attraction.
PYMNTS
DECEMBER 1, 2017
Mastercard has announced the list of startup companies chosen to participate in its Mastercard Start Path program, a group the company is calling its “most diverse class” ever. Mastercard revealed the list in a recent announcement, including startups that span a range of verticals. Those partaking in the program, which aims to support later-stage FinTech and technology startups, total 11 firms selected from five countries.
PYMNTS
DECEMBER 14, 2017
Arguably, the internet’s premier destination for auctions is eBay, which is not an unfair statement, given the sheer volume of said auctions going on via its website at any given moment. But as massive and instantly associable as auctions are, eBay has spent the last several years growing up, and growing past its old model. In fact, eBay is one of the web’s largest online marketplaces — with an estimated 168 million buyers in total — Customers eBay has spent much of 2017 trying to convince not t
PYMNTS
DECEMBER 1, 2017
We are reasonably sure that Uber will be happy to see 2017 come to an end. Scandals of one form or another buffeted the company throughout the early part of the year, leading to the departure of its founder, CEO Travis Kalanick , in late June. But the year’s earlier rough ride might now be viewed as a walk in the park when compared to the news of the last two weeks.
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
PYMNTS
DECEMBER 20, 2017
Image courtesy of Pixabay Today I am pleased to share with you a guest post by Julian de Sevilla with PATlive. An effective customer service solution has always been a tool that helps businesses stand out. However, customers recently have come to expect more from businesses in terms of service, forming a landscape that’s saturated with options, and thus hyper-competitive.
PYMNTS
DECEMBER 8, 2017
In total, B2B venture capitalists placed (or announced plans to place) $85 million in funding to businesses, with startups in the U.S., Asia and the Middle East taking the lead this week. It was a mixed bag of funding, with a few startups working in more traditional B2B technology, including expense management and SaaS. The others, however, are working with more cutting-edge tech, including bitcoin and artificial intelligence (AI), and just so happened to see the largest funding rounds of the we
PYMNTS
DECEMBER 18, 2017
IKEA has already done some early work to embrace augmented reality in its brick-and-mortar stores. Through a recent design collaboration with Wavemaker, the company is taking the next step by using virtual reality (VR) to help shoppers more fully experience IKEA and learn more about what they’re buying. IKEA’s newest retail concept got its first test run at a Dallas store opening.
PYMNTS
DECEMBER 4, 2017
McAfee Labs recently published its 2018 Threats Predictions report , and after a year of high-profile cyberattacks and data breaches, analysts say the threat won’t let up in the new year. A rising challenge for the enterprise is the fact that cyberattackers are becoming increasingly sophisticated in their methods. According to McAfee, while companies are embracing innovations like machine learning to safeguard their systems, attackers, too, are using these same tools.
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PYMNTS
DECEMBER 20, 2017
As more businesses join collaborative groups and invest in internal research and development (R&D) to explore using blockchain for new services, some firms have begun to use the technology themselves. This week, news from Citigroup, UPS and Vanguard signal interest in using the distributed ledger technology in the back office. Plus, in this week’s Blockchain Tracker, PYMNTS takes a look at how governments continue to consider the tool, with one city aiming to be the first government that run
PYMNTS
DECEMBER 14, 2017
Amazon Prime may have had the best Prime Day ever this past summer, but Morgan Stanley warned there are signs that its Prime growth is starting to slow. According to news from CNBC , Morgan Stanley said in a research report this week that based on a survey of 1,000 adults in the U.S. during the third quarter, 40 percent of consumers in America already have Prime memberships, which matches the same level that was seen in the fourth quarter of last year.
PYMNTS
DECEMBER 1, 2017
First Data , a global leader in commerce-enabling technology and solutions, announced news that it has acquired BluePay Holdings. A provider of technology-enabled payment processing for merchants in the U.S. and Canada, BluePay was one of First Data’s largest distribution partners with a strong focus on software-enabled payments and card-not-present transactions.
PYMNTS
DECEMBER 1, 2017
The average American woman’s size doesn’t much resemble the average size of a runway model — a fact well-known to any woman who ever stood in a dressing room trying on jeans and wondering what space alien they were cut for. The average female shopper in the U.S. is wearing a size 14 or 16 — 35 percent to 60 percent of women depending on whose figures you like — but most mainstream retailers do not carry clothes above a size 14.
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"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.
PYMNTS
DECEMBER 1, 2017
Many firms saw noticeable ups and downs in the past few days, with some experiencing highs like venture capital (VC) backing and new solutions to take extra tasks off employees’ hands. Others saw extreme lows, like massive devaluations and delays in important new product releases. Today in PYMNTS’ data, rideshare company Uber has had a rough 10 days, B2B procurement solutions are saving corporates time and money, VC funding rounds are backing a little bit of everything, investment activity in th
PYMNTS
DECEMBER 14, 2017
Forget presents under the tree. DoorDash is bringing Americans what they really want this holiday season: hot, fresh Wendy’s takeout delivered directly to their doors (or cold, fresh Frosties, if they so desire — DoorDash’s thermal bags can keep deliveries either hot or cold as needed). Wendy’s and DoorDash announced earlier this month that they were expanding their partnership following a successful pilot program at 135 restaurants across Columbus, Ohio, and Dallas, Texas.
PYMNTS
DECEMBER 7, 2017
Marqeta , the open API payment card issuing platform, and Progressive Leasing, a virtual lease-to-own company, have announced a technology partnership that will enhance the checkout process for Progressive Leasing customers. Progressive, a division of Aaron’s, Inc. , is one of the largest players in the lease-to-own industry. In seeking a partner to provide innovative solutions to help build their future payment checkout roadmap, Progressive will work with Marqeta to issue virtual cards at the p
PYMNTS
DECEMBER 5, 2017
Fitness company SoulCycle is known for its indoor spin classes, and now it could be known for its fashion too. According to news from Bloomberg on Monday (Dec. 4), SoulCycle recently launched a line of workout clothing in collaboration with New York City-based streetwear company Public School. The partnership’s athleisure collection was released during a launch party in downtown Manhattan during a cycling class-turned-fashion-show.
Speaker: Robbie Bhathal, Founder & CEO, and Matthew Acalin, Head of Credit Intelligence
In today's volatile financial environment, how confident are you in your company’s financial forecasting? To get the most accurate cash predictions that will lead to long-term financial survival, real-time data is critical. Innovative cash management strategies can lead to better credit opportunities, more sustainable growth, and long-term financial prosperity.
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