PYMNTS

AUGUST 22, 2016

There was a time when it seemed that ubiquity would become the focal point of full-service and mobile payments systems. Experts believed that universally accepted mobile wallets from trusted companies like Apple or Samsung would dominate the new wave of payments. That belief was perhaps misguided, according to Stephen Goodrich, president and CEO of ZipLine, the company that built the loyalty and mobile payments app known as SmartPay for popular convenience and gas chain Cumberland Farms.

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Retail Technology Maine Sales 58

Katz,Sapper&Miller

AUGUST 25, 2016

There are many angles and factors to consider when determining if an Employee Stock Ownership Plan (ESOP) is a company’s best option. Many leaders understand their employees might be their best succession plan, but they can lack the detailed knowledge to begin the process of determining if an ESOP is a feasible choice.

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PYMNTS

AUGUST 24, 2016

Popular announced on Tuesday (Aug. 23) that it has become the second financial institution in the U.S. and the first in Puerto Rico to offer its credit cards for use in Cuba. In a press release , Popular said the Mastercard credit cards of its two banking subsidiaries, Banco Popular de Puerto Rico and Popular Community Bank, can be used at any of Cuba’s authorized merchants and ATMs throughout the country.

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PYMNTS

AUGUST 24, 2016

With advancements in technology, parents are doing their homework online before making purchases online and in-store. The Vantiv Back-to-School Report — Special Edition takes a look at the latest back-to-school shopping trends and includes hot-off-the-presses insights from Google. Twenty years ago, taking a trip to the mall or retail store for some good old-fashioned back-to-school shopping was the norm when it came to getting new outfits and supplies.

Retail 54

Retail Technology Maine 54

Advertiser: Paycor

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PYMNTS

AUGUST 26, 2016

You know what they say, everything is bigger in Texas. That couldn’t ring truer for the state’s capital, which many consider to have a tech scene bursting with potential and growth. Though Austin may fall in the shadows of bigger U.S. tech hubs, like Silicon Valley and New York City, the city has been recognized as having a fast-growing tech sector with strong expansion.

Technology 50

Technology Texas New York Tax 50

PYMNTS

AUGUST 25, 2016

That “M” word – Moving. It’s something that people do a lot of. The packing. The lifting. The schlepping. The loading and unloading. The unpacking. Moving is one of the worst, most frustrating activities known to man, woman and child. Unless, you can, of course, get someone else to do it for you. That someone else – or at least one of those “someone elses” is Shaun Savage, who launched GoShare in May 2015.

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Start-ups New Jersey Sports New York 49

PYMNTS

AUGUST 23, 2016

Millennials are buying fewer houses than their Baby-Boomer counterparts – that is inarguable by the data. Across age groups, the U.S. homeownership rate has fallen to a 50 year low – 62.9 percent – and that dip is mostly powered by millennial homebuyers who aren’t buying. Among those under the age of 35, home ownership rates are just over 1/3 – and about half the national figures.

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Washington 47

PYMNTS

AUGUST 24, 2016

A&A Vending Services is expanding its relationship with self-service retail market payment technology service provider USA Technologies (USAT). The company announced on Tuesday (Aug. 23) that it has committed to enabling 100 percent of its vending machines with cashless payment options. USAT will assist with upgrading 1,200 of the company’s machines to accept cash, credit/debit cards and mobile wallet payments, such as Android Pay and Apple Pay, through the NFC-capable ePort Connect cashle

Technology 44

Technology Retail 44

PYMNTS

AUGUST 25, 2016

From makeup to jewelry, mobile payments are all about accessorizing going into the fall season. In this roundup, Global Payments is providing Bluetooth technology and mobile payment capabilities to Mary Kay Sales consultants; iZettle, the U.K. mobile payments leader, might yet be toppled; Walgreens is integrating its rewards program with its Android app; and we have the launch of the first EMV-complaint payment ring —exquisite gem devotees are drooling.

Technology 43

Technology accounting and finance New York Retail 43

PYMNTS

AUGUST 24, 2016

The blockchain — the underlying technology that powers the digital currency bitcoin — may be nearing its mainstream moment in the sun as four of the world’s largest banks are using it to develop a new form of digital currency. That bank-backed “bitcoin” is intended to become a financial industry standard for making it easier and faster to move money around the world.

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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

AUGUST 24, 2016

From Same Day ACH to paycard controversies , a few recent news stories have placed payroll in center stage. At the heart of the discussion is how companies can pay their employees in a timely manner — naturally, a critical component of a functioning workforce. New research from payments technology firm Hyperwallet is placing data behind the need for employers to come through on payday.

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payroll Technology B2B 42

PYMNTS

AUGUST 26, 2016

After Facebook paid a staggering $22 billion for WhatsApp , the most popular question that followed was “why?” WhatsApp had lots of users at the time — still does — but Facebook already had lots of core services users, as well as a lot of Messenger users (especially once the company split it out as its own app) and Instagrammers. WhatsApp didn’t have a proven ability to generate profit, thus the questions about why Facebook would pay so very much for it.

Start-ups 42

Start-ups 42

PYMNTS

AUGUST 25, 2016

Can the biggest banks in the United States catch up to the millennial-beloved Venmo with their own P2P payments app? They’re sure hoping so and are putting their product, reportedly called Zelle, out for public consumption in October. The hope? That soon the young and hip who are Venmoing each other will be Zelling each other like crazy come the fall.

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PYMNTS

AUGUST 26, 2016

Ridesharing app Uber may be enjoying brisk business as it expands around the globe, but the company isn’t making money as a result. That’s according to a report by Bloomberg , which cited people familiar with the matter who heard comments from Uber’s head of finance, Gautam Gupta. According to the report, Gupta informed investors that Uber ‘s losses are increasing in the second quarter, even in the U.S., where the company reported a profit during its first quarter.

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New York Finance Technology 41

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

AUGUST 25, 2016

It is almost never a good sign when tech luminaries start complaining about a product long before its release — and arguably somewhat worse when said tech luminary is one of the vaunted founding fathers of the firm. And yet, such is the latest headwind Apple is facing, as Steve Wozniak is publicly sounding off about Apple’s reported plan to make the next iPhone iteration fully wireless without a headphone jack (Bluetooth earbuds only from here on out).

Technology 41

Technology 41

PYMNTS

AUGUST 22, 2016

“ Reality Check ” was a TV show that aired in 1995 about a couple of kids who moved into a house and found a computer that was left behind by the previous owner. These kids – Samantha and Nick – soon discovered that the computer was not your run-of-the-mill ugly beige Compaq. Stuck inside the computer was the original owner of the house, a guy named Jack Clark.

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Government Non-Profits accounting and finance payroll 41

PYMNTS

AUGUST 24, 2016

Exaggerated claims on expense reports are challenging businesses’ ability to manage employee spend — and their own. A new survey released by travel and expense management company Concur revealed some of the ways manual expense reporting processes are harming employees and the companies they work for, despite automation and digitization having taken off in other parts of business spend processes.

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PYMNTS

AUGUST 25, 2016

They can both be used as a way to lure potential customers to a physical store front or location, according to an opinion piece that Keenan Baldwin, cofounder of location intelligence technology provider SiteZeus, wrote for Chain Store Age. “As retailers, we’re learning that location is really the crux of progress when it comes to store fronts versus online shopping.

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Technology

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AUGUST 26, 2016

In an always-on world, communication moves instantaneously, while payments remain a bit behind the curve — to put it mildly. Mired in paper though transactions may be, financial tech firms are moving to promote speed and to bridge the gap in lending between businesses and their suppliers or customers. Yantra Financial Technologies said earlier this week that it has enabled lenders to deliver funds in real time, using a business bank account known as BlastPay.

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PYMNTS

AUGUST 25, 2016

Social media giant Twitter is at it again, this time rolling out a new button for websites that enables visitors to privately message an individual or company directly. The feature, which is now one of several website buttons that Twitter offers, comes on the heels of the company’s move to encourage users to direct message and not tweet at a business’ Twitter account.

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PYMNTS

AUGUST 23, 2016

Wells Fargo may have recently announced a partnership with Amazon to give student loan borrowers a break, but when it comes to servicing its existing loans, the bank is falling short — big time. That’s according to the Consumer Financial Protection Bureau , which announced on Monday (Aug. 22) it took action against Wells Fargo, charging the bank engaged in allegedly illegal private student loan servicing practices that increased the costs for borrowers and unfairly penalized certain borrowers.

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PYMNTS

AUGUST 22, 2016

Though often written about and praised highly, the digital-only world may not have quite the number of converts the tech press would lead one to believe. Case in point? Banking. Despite banks’ best efforts to move more of their customers online – and thus lessen the need for overhead-heavy branches – consumers are turning out to be way more into visiting the local branch than initially imagined.

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Advertiser: Paycor

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PYMNTS

AUGUST 26, 2016

Wells Fargo , Advanced Micro Devices (AMD) and Fifth Third Bank have reportedly struck settlement agreements with former employees that may have run afoul of U.S. whistleblower protection laws. According to a report by Reuters , which cited five lawyers, including three who represent whistleblowers, the settlements appear to be aimed at preventing employees from voicing concerns about their company’s activities regarding government rules.

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PYMNTS

AUGUST 25, 2016

As the list of retailers and service providers breached by hackers seems to be ever-growing, it seems the organizations that suffer at the hands of data thieves have a related but separate problem to worry about. Customers are watching and making decisions about where to shop based on security questions more than they ever have. According to new data released by KPMG , 19 percent of consumers would stop shopping at a retailer that had been breached — no matter what said retailer did to remediat

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Retail Sales 40

PYMNTS

AUGUST 25, 2016

GM ‘s car-sharing operation Maven has hit a couple of big milestones: expansion to five cities in the U.S., more than 5,000 registered members and 4.2 million miles driven. The car-sharing effort, which provides customers with access to new vehicles on-demand based on an hourly fee, has enabled General Motors to build an entire end-to-end service in just seven months.

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PYMNTS

AUGUST 25, 2016

Accounting and consulting firm Crowe Horwath LLP says businesses face a balancing act when it comes to cash flow management. Treasurers and money managers need to make the right decisions with corporate money for today, while ensuring the business will be in a good position tomorrow. A recent research report by the firm explores how these professionals in the manufacturing sector are approaching the issue.

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Finance

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AUGUST 24, 2016

Driverless cars are on the road. Take a ride down US 101 in San Francisco and you may see one. Uber also announced that soon a driverless car might be dispatched to pick up passengers in the Pittsburgh market as it assesses the feasibility of swapping drivers with software. Automotive manufacturers are turning cars into software platforms, too, as Amazon’s Alexa will soon unlock the doors of a consumer’s brand new BMW, and as we profiled recently in an interview with Jim Buczkowski, Ford’s

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Technology Manufacturing Maine Sales 40

PYMNTS

AUGUST 24, 2016

A flaw that was previously discovered in the Android operating system’s Linux kernel is now believed to impact four in five devices, an estimated 1.4 billion Android devices. The vulnerability allows an attacker to take over a device’s internet traffic through a TCP connection, enabling secure connections to be exposed in nearly 80 percent of all activated Android devices across the globe.

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AUGUST 22, 2016

Digital alternatives may rid the world of some of life’s inconveniences, but for the banking sector, a trip to the local branch is not yet replaceable. Although consumers are increasingly turning to digital banking services, many still cling to the services of their brick-and-mortar counterparts — the stalwarts of the finance industry. Nevertheless, the number of bank branches is lower now than at any other time in the last decade and continues to decline.

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PYMNTS

AUGUST 26, 2016

Asda Is Thinking About Apple Pay… Maybe. Walmart’s subsidiary in the U.K., Asda, is testing Apple Pay. So far, Walmart in the U.S. has refused to support Apple Pay and instead rolled out its own app, Walmart Pay, for use with iOS and Android in December 2015. Asda is being noncommittal about future plans and is not saying whether there may be a wider rollout of Apple Pay to its 626 U.K. stores.

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Manufacturing Retail Technology Sales 40

Advertisement

"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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