This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Fraudsters always seem to be one step ahead of both the consumers and businesses they target. They have the uncanny ability to slip in unnoticed, wreak havoc and essentially walk away unscathed (and paid). Though victims of fraud attacks may never be able to beat cybercriminals at their own game, it’s clear that knowledge is power. As Don Bush, VP of Marketing at Kount , recently told Karen Webster , knowing what’s coming can better prepare you to defend yourself. “If you don’t know
The state of cash in Western Europe is at a crossroads with the rapid development of mobile technology. While several European countries show positive growth in cash usage, there are some that are on track to become cash-free. The PYMNTS.com Global Cash Index™, powered by Cardtronics, uncovers the changing dynamics of the state of cash in Western Europe and the projected effect of the impending Brexit vote on cash usage.
[link]. When you think FinTech, many words come to mind — startups, disruption, innovation, consumer-centric — but there’s also regulation. It can be seen as one of the biggest headaches facing FinTechs today and is considered a significant barrier to entry. On average, approximately 20 percent of a FinTech’s operational costs are dedicated to the governance and compliance area.
The movement by small and midsized businesses to fully accept and work with electronic payments has been a gradual one, and one that has been marked by concerns surrounding costs. Firms have tread cautiously with respect to electronic payments, with costs dominating the argument against transitioning. After all, it does take time and money to bring accounting systems up to speed and to enable platforms to deal with processing fees tied to transactions.
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.
American Express has announced changes to its EMV chargeback policy in order to ease the transition as merchants migrate their POS systems to be EMV-compliant. This move is aimed at helping merchants limit their fraud losses, and as of the end of August of this year, merchants will not be liable for counterfeit fraud chargebacks for any transaction under $25.
In this week’s edition of PYMNTS’ Weekly Tech Center Roundup , we head back to Europe to explore Germany’s “startup capital” and learn about the thriving ecosystem where a new startup is born every 20 minutes. . Before we jump into the post, here are a few quick facts about Berlin, Germany and its tech scene: Berlin has an estimated population of 3.5 million, with nearly 40 percent of the city’s residents being under the age of 35.
It’s been a tough road on the way to EMV terminal deployment here in the U.S. The move has been complicated by the combination of most merchants getting a very late start to the EMV process – the Target breach was what many merchants considered their official starting line despite announcements by the card networks years earlier – and a complicated certification process that’s been tough for some merchants to navigate.
It’s been a tough road on the way to EMV terminal deployment here in the U.S. The move has been complicated by the combination of most merchants getting a very late start to the EMV process – the Target breach was what many merchants considered their official starting line despite announcements by the card networks years earlier – and a complicated certification process that’s been tough for some merchants to navigate.
In what the companies said is a first for the industry, InMotion Global and Triumph Business Capital are partnering to introduce financing options for business fleet customers, linking travel management software with corporate lending. An announcement on Wednesday (June 22) said InMotion Global-owned AscendTMS will integrate Triumph’s invoice factoring solution into its software, enabling trucking companies, freight shippers and third-party logistics firms to access financing.
Jay Walker, founder of consumer travel booking site Priceline , is at it again. Only this time, his newest service targets the corporate traveler. Reports on Tuesday (June 21) said Walker is launching Upside , a mobile app to help corporate travelers stay on budget through a rewards system. The app provides gift cards to professionals that are willing to change or alter travel plans if it means saving money for their business.
When rumors of sales and acquisitions start popping up, it’s usually in a given retailer’s best interest to play their cards close to the chest and avoid spooking investors and markets alike. However, there’s only so long gossip like that can be kept under wraps, and especially so for sought-after Cabela’s. In filings made to the Securities and Exchange Commission , Cabela’s has noted that as part of a “strategic alternatives review process,” investigati
The invoice-to-cash journey is having its Netflix Moment, as Billtrust CFO Ed Jordan likes to say. Netflix pre-2007 was a manual, paper-based system — relying entirely on manual shipping, manual returns and absolutely no customer self-service. The only way that a customer could get a DVD was to have it mailed to them in a little red package and to return it once the movie had been watched.
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.
Did you purchase a Kindle eBook published by Hachette, HarperCollins, Simon & Schuster, Penguin or Macmillan between April 1, 2010, and May 21, 2012? Well then, you might want to check your Amazon account, because it might have some extra money in it. No, Amazon didn’t just decide to give a whole bunch of customers an early Christmas present; the money comes from Apple as part of a settlement of a series of anti-trust lawsuits brought by various state attorneys general.
The B2B payments space has seen significant growth thanks to developers that often focus either on the accounts receivable or accounts payable side of cash management. A new partnership in the industry, however, brings both AR and AP management together. Payments player Billtrust and AP company AvidXchange announced today (Tuesday, June 21) that they are linking up to streamline and enhance automation for corporate payments.
Issuers are taking it on the chin headed into the final hours of stock trading on this historic Friday post Brexit. The payments companies are not faring any better. Those firms with hopes of cross-border transactions as reliable revenue streams also face rocky shoals. The overarching worry is that consumer spending will pull back, which of course hits the card firms right where they live, and it is possible the slowdown in spending would be widespread.
Santander InnoVentures , a FinTech venture capital fund, announced on Wednesday (June 22) that it is making a strategic investment in identity verification platform Socure. As a real-time digital identity verification solutions provider, Socure uses trusted data from a consumer’s digital footprint — the social biometrics of individuals — to confirm their identity.
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.
The heat of competition has hit record levels in the financial services and technology space. Advancements in FinTech are enabling corporate payments tools to become not only more efficient but a strategic part of the enterprise. If corporate treasurers and CFOs want to help their businesses grow, they must now think strategically and use the technologies to support their goals.
It was the cyberheist heard around the world — and one that’s been creating quite the stir since it happened in February. That cyberheist, of course, is the case of the missing $81 million from the cyberheist at the central bank of Bangladesh through its account at the New York Fed. That $81 million was stolen from Bangladesh’s account at the New York Fed through the use of official government codes and stashed into a Philippines personal bank account.
A new study has landed the FBI in hot water when it comes to privacy concerns. The Government Accountability Office (GAO) study, released last Wednesday (June 15), sheds light on a database of more than 411 million photos maintained by the FBI. The agency reportedly uses the photos — gathered from a variety of sources, such as driver’s licenses, passport applications and visa applications — and facial recognition software to find criminals, The Guardian said.
The retail giant’s payment method is finally here. Back in December, Walmart announced plans to enter the mobile payments game with its own proprietary payments platform by turning the Walmart.com app into the way that consumers can pay at the physical point of sale. Shortly after the Walmart Pay news was announced, Walmart SVP of Services Daniel Eckert told Karen Webster that the payment method was built to leverage a habit that its customers already know how to do really well: shop online at W
Great leadership development is the key to sustainable business growth. Are you ready to design an effective program? HR can use Paycor’s framework to: Set achievable goals. Align employee and company needs. Support different learning styles. Empower the next generation of leaders. Invest in your company’s future with a strong leadership development program.
In B2B payments, accounts payable automation is a hot topic, as are the challenges AP professionals face when it comes to paying suppliers and managing the data from those transactions. But a new report from Corcentric , written by the Institute of Finance & Management (IOFM), details the hurdles on the other side of the payment. Accounts receivable processes, like their AP counterparts, are similarly plagued by manual, paper processes, making the cash management effort monumental for suppl
Walmart has been associated with many things throughout its more than 50 years of business as a retail giant, but fine wine has never been one of them. That began to change recently, at least in the eyes of some folks, as a Chilean wine sold exclusively at Asda, the British supermarket chain owned by Walmart, was named “Best in Show” by a panel of experts at the Decanter Magazine World Wine Awards.
As of Wednesday, Facebook’s Canvas is open for business to marketers looking to create customizable and organic posts featuring images, text and call-to-action buttons. Before this, the HTML5 format was only usable by advertisers. Now the format will be open to retailers and other marketers that operate brand pages. The previous format had textual limits to how posts were laid out and how consumers could interact with them.
Computer manufacturer Acer announced that hackers may have stolen the payment credentials of thousands of its customers. To be more specific, it could be somewhere in the range of 34,500 customers across the U.S., Canada and Puerto Rico, according to a letter from the company. The company notes that the credentials may have been breached by a third party between the dates of May 12, 2015 and April 28, 2016.
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.
Starbucks has found a new solution to every Outlook user’s coffee needs. In partnership with Microsoft , the company has added new functionality to Office 365’s Outlook app that allows coffee-chugging U.S. users to set up meetings at nearby Starbucks stores. The new tool called “Meet at Starbucks” lets users run an in-app search that utilizes their location to find the nearest store and choose it as a location for their upcoming meeting.
You can chalk up another talent acquisition to the folks at Pinterest , this time the team behind a shopping app entirely curated by real fashion experts. After acquiring the custom keyboard app Fleksy last week, news broke this week that Pinterest had acquired the team behind the Sunnyvale, California-based, influencer-driven fashion app tote. Tote bills itself as a “beautiful social shopping app that is entirely curated by people — notably stylists and fashion bloggers.
A group of U.K. banks may have just hit a cross-border blockchain payment milestone. This group, which includes Santander, CIBC and UniCredit, announced this week that it has hit a new milestone in the blockchain innovation space. What the group claims is that it has moved real money with blockchain’s technology using Ripple, a digital settlement firm.
The chief financial officers of the U.S. are looking in new directions this year to help their companies grow, according to The Wall Street Journal. The publication held its 2016 CFO Network conference last week, during which executives were placed into five groups to discuss current market trends and their priorities under those developments. One group, The Fintech Revolution, identified several areas in which CFOs can better perform amid this era.
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.
Let’s talk about money management. For businesses, it can be difficult to obtain a clear vision of finances and cash positions. But poor cash flow can ultimately lead to demise. Today, there are more technologies than ever that can help a company gain visibility into cash flow. But market conditions have also made it more difficult than ever to understand how much money a firm has, where it is, who it’s going to and what form of currency it’s in.
The U.S. Federal Trade Commission has announced $950,000 in fines for Singpore-based InMobi. The digital advertising firm tracked the locations of hundreds of millions of consumers without permission. The FTC alleged in a complaint filed yesterday (June 22) that the firm has undermined phone carrriers’ freedom of choice in regards to the collection of their location data.
To attend this live digital discussion on Wednesday, July 13 at 1:00 pm EST, please complete the registration form shown below. [contact-form-7]. Live Discussion Overview: . Businesses are utilizing massive amounts of data and spending countless dollars and hours implementing the analytics tools needed to make sense of it all. But what if the way companies are going about big data and analytics is wrong?
Browsing For A New Car? Consumer desire for convenience has brought upon changes across a wide range of retail environments. But, despite those changes, car buying has remained essentially the same process for decades — until now, that is. . A company called Carvana is looking to bring convenience to car-buying with their new branded coin-operated car vending machine, recently opened in Nashville, Tennessee.
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.
We organize all of the trending information in your field so you don't have to. Join 237,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
55 
Let's personalize your content