DuctTapeMarketing
FEBRUARY 22, 2017
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PYMNTS
FEBRUARY 13, 2017
Enterprise cloud adoption is reaching new heights thanks to maturity of the technology and newfound trust among corporates of cloud infrastructure. A new report by Intel Security , released today (Feb. 13), uncovers some promising trends for cloud technology in the enterprise: Greater trust in the tech overall, especially in public cloud infrastructure, are both apparent in the survey’s results.
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PYMNTS
FEBRUARY 24, 2017
Is there an alternative, profound French phrase or two that can describe what investors have seen this week with bitcoin? Because “déjà vu” no longer seems to cut it. Bitcoin is quickly headed toward fresh three-year highs after jumping up over $100 in value since last week’s tracker. After breaking through the $1,000 mark (again) at the beginning of February, bitcoin decided to stick around.
PYMNTS
FEBRUARY 13, 2017
Standard Chartered is hoping to fuel innovation by giving developers access to banking technology. The bank announced late last week that it is rolling out the Open Banking API Developer Portal that will enable developers to play around with banking technologies, first with a focus on transaction banking and cash management. Standard Chartered said it will look to wield the solutions created by developers on the platform for the bank’s own businesses.
Speaker: Victor C. Barnes, CPA, MBA
In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.
PYMNTS
FEBRUARY 9, 2017
Consulting firm Capgemini has launched a new platform for banks to provide services compliant with the new Payment Services Directive of the European Union. An announcement Wednesday (Feb. 8) said the company is rolling out its PSD2 Open Banking Solution, aimed at reducing the cost of compliance to PSD2 regulations. Payment service providers and financial institutions, which have until Jan. 2018 to comply with the new rules, are at the same time pressured to promote innovation and enable faster
PYMNTS
FEBRUARY 6, 2017
Let’s face it. The more interconnected the world gets, the more accustomed everyone has become to minimizing human interaction. While nearly anything can be ordered online, the few times people go into department stores are typically when there’s a need for a very specific item. Customers go in, grab what they want, get out and rarely want to physically speak to anyone.
Accountant Advocate brings together the best content for small business accounting professionals from the widest variety of industry thought leaders.
PYMNTS
FEBRUARY 2, 2017
The predictions have been dire. Banks will be wiped out by nimble FinTech firms, intent on luring away consumers and corporate customers and the payments that come with them. But it need not be so. In an interview with PYMNTS’ Karen Webster, FI.SPAN’s founder and CEO, Lisa Shields, said that FinTech may be revolutionizing banking and the way payments are done — but it can help banks hang onto and even grow their commercial B2B business footprints.
PYMNTS
FEBRUARY 24, 2017
Any industry dealing with sensitive information is subject to potential breaches. With practically every industry in the world having finance intertwined in it for survival, financial records may be one of the most vulnerable areas for virtual break-ins. As such, there will likely always be some form of a well-manicured security system in place. Blockchain technology keeps a high level of detail in its records of all financial transactions made.
PYMNTS
FEBRUARY 16, 2017
Singapore is changing its rules on venture capital in an effort to support economic growth, reports said this week. According to Bloomberg , the Monetary Authority of Singapore published a new consultation paper that revealed new and existing venture capitalists will no longer be subject to the same rules that apply to fund managers overall, including capital requirements and business conduct regulations.
PYMNTS
FEBRUARY 24, 2017
American Express is readying the launch of a corporate payments platform in India, reports said Thursday (Feb. 23). Amex will launch the Buyer Initiated Payment platform in India this week, a move that aims to help businesses pay their suppliers on time while still extending their capital float, according to reports. The platform is also a response to India’s recent demonetization and subsequent increase in demand for electronic payment solutions. “This will not only ensure complete
Speaker: Kim Beynon, CPA, CGMA, PMP
The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.
PYMNTS
FEBRUARY 24, 2017
As hackers continue to advance their malicious tactics, it’s no surprise that increasingly sophisticated cyberattacks and fraud are costing business big time. In this week’s Hacker Tracker , Simon Ragona III, director of data forensics at T&M Protection Resources , joined PYMNTS to discuss if tapping international law can actually help to keep cybercriminals at bay.
PYMNTS
FEBRUARY 24, 2017
Virtual reality (VR) and augmented reality (AR) are two of the latest buzz phrases making headlines and gaining interest in a variety of industries. Though the technologies still haven’t reached a level of mainstream usage or acceptance, that hasn’t slowed down the number of companies and sectors looking to utilize VR/AR to transform customer experiences.
PYMNTS
FEBRUARY 6, 2017
Vending machines aren’t about soda and salty snacks anymore — even if, at the consumer level, that’s what most people think of when they think about the technology. And vending machine operators are behind that mental reset as they contemplate their own futures since vending machines no longer have to be about junk food bought with cash. “The wave of vending operators that are embracing cashless and mobile continues to roll through the sector because there is a lot of evidence that consumers lik
PYMNTS
FEBRUARY 6, 2017
The bank is an institution that has survived centuries. But nothing survives that long in immutable form. Consider the musty vaults housing gold and notes, parceled out by appointment, transforming (rather quickly in the here and now) into digital dollars in digital wallets. The branch and teller and service stellar are not enough to keep a steady patter of traffic in to keep the real estate paying for itself.
Speaker: Mark Gilham, FCCA, CPP
Finance used to be the function that counted, now it's the one that’s counted on. 📊 For accounting firms, controllers, and finance leaders, expectations are rising faster than headcount. Businesses want agile forecasts, granular analysis, seamless reporting, and smart automation—often without added resources while demanding uncompromised accuracy and compliance.
PYMNTS
FEBRUARY 14, 2017
Chase Merchant Services, the global payment acceptance and merchant acquiring business division of JPMorgan Chase & Co., just recently announced that veteran financial services executive Valeria Strappa has been named the new chief administrative officer. Matt Kane, CEO of Chase Merchant Services, said in a press release: “Val will be exceptional in helping lead our global and growing business, with her professional experiences, international background, and competitive spirit.”.
PYMNTS
FEBRUARY 24, 2017
Reuters reports that the nation’s securities watchdog is in the midst of mulling a “shortcut” that would offer some of the biggest tech firms in China a way to bring their shares public in a fast-tracked manner. In other words, they’d get to list sooner rather than later. And if they get sped to market, so to speak, they’d leap ahead of what the newswire termed “a long list of applicants” already in the offing for listing via exchanges, a heady number that tops 700.
PYMNTS
FEBRUARY 3, 2017
Bitcoin’s value just broke $1,000. Again. And then went below. Again. Then up and down again. (Anyone else feeling seasick?). Following relatively flat growth through the end of January (by cryptocurrency standards, anyway), bitcoin’s value spiked, breaking $1,000 to reach a high of $1,003.92 in Thursday afternoon trading. At the time of this writing, bitcoin sat tenuously at $1,000.73, up 1.36 percent for the day.
PYMNTS
FEBRUARY 2, 2017
Combating cyberfraud is a “balancing act,” says Sift Science, a fraud detection software company. And the number of things corporations have to juggle to safeguard their data — from the numerous types of fraud to the copious technologies that combat it all — mean cybersecurity is no easy task. Sift Science has just released its latest research on how businesses combat security threats, and its report, published last week, offers insight into how the issue of cybersecurity takes many shapes withi
Advertiser: Paycor
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PYMNTS
FEBRUARY 6, 2017
Taking a page from JPMorgan Chase, Wells Fargo has inked a data exchange deal with Intuit in which Intuit customers can import their account data without having to provide their username and password. According to a report , Wells Fargo is using a secure API that communicates between the servers of the two so that Intuit customers don’t have to share their Wells Fargo information to get their data uploaded into Intuit programs, including QuickBooks, Mint and TurboTax.
PYMNTS
FEBRUARY 3, 2017
SWIFT is putting the pressure on its members to enhance their cybersecurity capabilities, according to reports by SC Magazine. According to the publication, SWIFT is encouraging and, in some cases, threatening its member banks to deploy more sophisticated cybersecurity measures. The efforts follow last year’s high-profile cyberattack in which thieves stole $81 million from the Bangladesh central bank by infiltrating the SWIFT network.
PYMNTS
FEBRUARY 22, 2017
As the European Banking Authority (EBA) prepares for the Revised Payments Systems Directive ( PSD2 ) to come into effect next year, it has reportedly changed its tune on one aspect of the rules that led to widespread criticism among online merchants. Reports Tuesday (Feb. 21) said the EBA has agreed to relax proposed rules that would require more stringent customer authentication measures for online sellers after industry players raised concerns that the rules would lead to abandoned checkouts a
PYMNTS
FEBRUARY 22, 2017
The biggest retailer in the world showed some things a bit surprising Tuesday (Feb. 21). Speed. And agility. As in, the company is gaining traction in its bid to be a bit nimbler, a bit more digital and a bit more alluring to shoppers even in its brick-and-mortar locations. One quarter’s results do not a trend make, but earnings were better than expected at $1.30, a penny ahead of The Street, and revenues were just shy of expectations, at $130.9 million versus the $131 million that had been proj
Speaker: Frank Taliano
Documents are the backbone of enterprise operations, but they are also a common source of inefficiency. From buried insights to manual handoffs, document-based workflows can quietly stall decision-making and drain resources. For large, complex organizations, legacy systems and siloed processes create friction that AI is uniquely positioned to resolve.
PYMNTS
FEBRUARY 17, 2017
From PayPal to Venmo, Google Wallet, Amazon Payments and more, there are a myriad of ways money is processed during transactions around the world. One of the most trusted and reliable ways may be through bank account transfers. As such, there’s a need to simplify all of these complex finance routes, and blockchain technology seems to be the anchor for this.
PYMNTS
FEBRUARY 16, 2017
Payment with a connected device requires hardware, of course, at the point of payment. And till now, most often the point of payment required a specialized bit of hardware. Usually on a merchant countertop. . But in an initiative dubbed “The Genius of Things” Visa and IBM IoT platform – which includes Watson – announced today that they will bring smarter POS functionality – and Visa card acceptance – to any device that’s connected to the Internet. .
PYMNTS
FEBRUARY 6, 2017
There is a sea of new FinTechs looking to challenge traditional banks in the U.K., and there is another sea of FinTechs exploring how to take blockchain from a hypothetical disruptor to a real-world one. A new company, Populous , is looking to be a strait that connects these two seas. The U.K. firm made its introduction to the world last week , announcing plans to formally launch in a few months.
PYMNTS
FEBRUARY 13, 2017
J.Jill, the women’s apparel retailer, announced Friday (Feb. 10) it has filed a registration statement with the Securities and Exchange Commission relating to a proposed IPO of its common stock. J.Jill said in a press release the registration statement filed Friday represents its initial public filing pursuant to the provisions of the Jumpstart our Business Startups (JOBS) Act of 2012.
Speaker: Claire Grosjean, Global Finance & Operations Executive
Finance teams are drowning in data—but is it actually helping them spend smarter? Without the right approach, excess spending, inefficiencies, and missed opportunities continue to drain profitability. While analytics offers powerful insights, financial intelligence requires more than just numbers—it takes the right blend of automation, strategy, and human expertise.
PYMNTS
FEBRUARY 1, 2017
Out of the 19 million homes in South Korea, a government survey found that 99.2 percent have access to the internet. Up by 3.2 percent from last year, South Koreans over the age of three are all plugged into the World Wide Web. What makes this truly amazing is when you consider the fact that only three-fourths of homes in the United States have access to the web.
PYMNTS
FEBRUARY 2, 2017
It’s well known that Amazon has dominated the eCommerce market for years, but a new report shows just how much: Slice Intelligence found that Amazon accounted for 43 percent of all online sales in 2016. According to a report , what’s more, Slice Intelligence found that Amazon accounted for greater than half of all the growth in online retail sales in the U.S. last year.
PYMNTS
FEBRUARY 22, 2017
While buying someone a present is a nice gesture, more people today are looking for experiences over physical gifts to celebrate their birthdays or anniversaries. As such, this has brought on people taking more trips around the world. In combination with new experiences and the instantaneous gratification of smart devices, there is one company that’s taking these concepts to new heights.
PYMNTS
FEBRUARY 27, 2017
Vivier & Company, a boutique financial services company, has announced the launch of its new online banking system, which follows the completion of a cloud-based service for financial institutions implemented by IndiaT4T. Founded in 2001 and licensed in New Zealand, Vivier focuses on high-interest savings accounts that avoid the risk of market volatility.
Speaker: Cheryl J. Muldrew-McMurtry
Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.
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