PYMNTS

JUNE 23, 2016

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

Start-ups 55

Start-ups Gaming Account accountant 55

PYMNTS

JUNE 22, 2016

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.

Technology 51

Technology Account accountant accounted 51

PYMNTS

JUNE 21, 2016

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.

B2B 50

B2B accounting system Account accountant 50

PYMNTS

JUNE 20, 2016

At the start of the year, I wrote a piece that outlined six trends that I suggested would set the agenda for payments innovation and commerce reinvention in 2016. The foundation for those six trends was the ability for innovators to leverage the near ubiquity of mobile devices and the ability to connect those devices – and many others – to the internet.

Start-ups 47

Start-ups Retail Sales Construction 47

Advertiser: Paycor

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PYMNTS

JUNE 23, 2016

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.

Sales 45

Sales Account accountant accounted 45

PYMNTS

JUNE 20, 2016

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.

Start-ups 45

Start-ups Maine 45

PYMNTS

JUNE 22, 2016

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.

Travel Expense Management 43

Travel Expense Management Retail Expense Management B2B 43

PYMNTS

JUNE 20, 2016

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

New York 43

New York Sales Retail Start-ups 43

PYMNTS

JUNE 24, 2016

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.

Technology 43

Technology B2B Education Account 43

PYMNTS

JUNE 22, 2016

As Nobel prize-winning chemist Linus Pauling put it: “If you want to have good ideas you must have many ideas. Most of them will be wrong, and what you have to learn is which ones to throw away.”. You don’t have to look far to see and hear how a lot of “good ideas” are stirring up the payments landscape these days. From hackathons to startup pitches, startup accelerators and innovation labs, there are no shortage of ideas – and, it seems, the money to keep a steady stream of them flowing.

New York 43

New York Start-ups Sales Technology 43

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

JUNE 22, 2016

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.

New York 43

New York Account accountant accounted 43

PYMNTS

JUNE 21, 2016

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.

AP Automation 43

AP Automation accounts payable B2B Spend Management 43

PYMNTS

JUNE 24, 2016

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.

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PYMNTS

JUNE 23, 2016

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.

Technology 42

Technology Account accountant accounted 42

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

JUNE 21, 2016

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.

accounts payable 42

accounts payable Technology Account accountant 42

PYMNTS

JUNE 23, 2016

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.

New York 42

New York Gaming Account accountant 42

PYMNTS

JUNE 22, 2016

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.

Government 42

Government Technology Account accountant 42

PYMNTS

JUNE 23, 2016

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

South Dakota 42

South Dakota North Dakota South Carolina North Carolina 42

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Technology

PYMNTS

JUNE 22, 2016

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

Technology 42

Technology Account accountant accounted 42

PYMNTS

JUNE 21, 2016

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.

Retail 42

Retail 42

PYMNTS

JUNE 21, 2016

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.

Retail 42

Retail 42

PYMNTS

JUNE 21, 2016

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.

Manufacturing 42

Manufacturing 42

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PYMNTS

JUNE 20, 2016

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.

Sales 42

Sales Account accountant accounted 42

PYMNTS

JUNE 24, 2016

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.

California 42

California Maine Start-ups Account 42

PYMNTS

JUNE 23, 2016

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.

Technology 41

Technology 41

PYMNTS

JUNE 21, 2016

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.

B2B 41

B2B Technology Gaming 41

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Finance

PYMNTS

JUNE 20, 2016

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.

accounts payable 41

accounts payable accounting and finance B2B Government 41

PYMNTS

JUNE 23, 2016

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.

audit 41

audit 41

PYMNTS

JUNE 22, 2016

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?

Illinois 41

Illinois Technology B2B Retail 41

PYMNTS

JUNE 21, 2016

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.

Tennessee 41

Tennessee Technology Hospitality Retail 41

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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.

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