Sat.Sep 24, 2016 - Fri.Sep 30, 2016

article thumbnail

Retail Goes Virtual (Reality) With InContext And Intel

PYMNTS

The retail industry is facing a virtual change: virtual reality. InContext Solutions announced it’s collaborating with Intel to develop new virtual reality (VR) hardware and software for the retail industry. The goal, a combined release said, is to provide the “best-in-class VR solution” and meet the changing needs of the retail ecosystem. VR does seem to be the next, almost futuristic phase of how we view the world.

Retail 84
article thumbnail

What You Need to Know About Value-Based Reimbursement

Katz,Sapper&Miller

In the healthcare industry we hear a great deal about the shift from volume-based to value-based reimbursement models, and regulatory requirements – such as the MACRA final ruling scheduled for Nov. 1 – are continually emerging.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Bitcoin Tracker: The Unbanked-Profit Dilemma

PYMNTS

Can the unbanked benefit from bitcoin, or are they merely the experimental subjects of bitcoin adherents, lobbyists and scientists? This week’s Bitcoin Tracker takes a look at the recent bitcoin projects that are in the news and that are targeting the unbanked. Bitso Eyes The Latin Market. The regulatory framework for bitcoin is a mess in Mexico, as it is in most countries, but Bitso, a bitcoin exchange startup, sees a future in Mexico and Latin America.

Legal 82
article thumbnail

Rent Payments With Benefits?

PYMNTS

Checks are a dying payment method, according to the Federal Reserve, except when it comes to rent payments. That may be about to change, however, thanks to full-service payment solutions that can accept credit card, debit card and mobile wallet rent, while rewarding tenants for paying rent on time. According to research from the Fed , the number of paper checks being used dropped by more than 50 percent between 2000 and 2012, as the use of new payment methods, like cards and mobile wallets, more

Retail 80
article thumbnail

How to Build the Ideal HR Team

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.

article thumbnail

Zscaler Finds Scams On Magento’s Platform

PYMNTS

New research from Zscaler highlights an online scam to obtain credit card information from Magento’s eCommerce platform. Over the last three months, hackers have compromised over 400 retail sites that run Magento. The hackers injected malicious JavaScripts into the sites, and users are taken to a fake payment page where their information is stolen after it is entered.

Retail 79
article thumbnail

Cybercriminals Targeting Apps

PYMNTS

Gone are the days when bank robbers wore face masks and carried guns and dynamite to get into safes. Now, all they need is a comfortable chair and a PC. Earlier this year, cybercriminals stole $81 million from the Bangladeshi central bank, and they also stole the trust that the SWIFT global payments network had built with its 11,000 users. Payments networks must constantly find new ways to battle incoming digital threats.

Legal 78

More Trending

article thumbnail

Singapore Eyes London’s FinTech Top Spot

PYMNTS

Major cities in Europe may not be the only ones after London’s FinTech crown. A new reported from the Association of Chartered Certified Accountants (ACCA) stated that Singapore’s fast-growing and lucrative FinTech sector is standing out as many larger rivals around the world are impacted by regulatory challenges and political turmoil. The report explained that regulatory issues in the U.S. and Europe, including the fall out of Britain’s decision to leave the EU earlier this year, has helped Sin

article thumbnail

Banks Join Forces To Create Interbank Group For Global Payments

PYMNTS

Ripple, the provider of financial settlement solutions, announced on Friday (Sept. 23) a number of global banks joining forces to create the first interbank group for global payments based on distributed ledger technology. According to a press release , Ripple said Bank of America Merrill Lynch , Santander, UniCredit, Standard Chartered, Westpac Banking Corporation and Royal Bank of Canada are the founding members of the organization, known as the Global Payments Steering Group (GPSG).

article thumbnail

PayLease And PayPal Enter Into Partnership

PYMNTS

PayLease, the payments, billing and utility expense management company focused on property management companies and homeowners associations (HOA), announced on Tuesday (Sept. 27) a strategic partnership with PayPal. Under the partnership, renters and homeowners will have more options when paying their property manager online. HOAs and property management companies who use PayLease can now accept PayPal for transactions when collecting rent and homeowners association dues.

article thumbnail

Hackers Strike It Big On Security Vulnerabilities

PYMNTS

When one door closes, another one opens. Or, is it a window? Either way, these sayings aren’t so encouraging when it comes to cybersecurity. Hackers are ready and waiting to find an opening or vulnerability allowing them access to do damage. You don’t have to look far to see security flaws leading to massive data breaches. Security experts believe that may be what happened to Yahoo — the tech giant confirmed that over 500 million user accounts were compromised by hackers, marking what is said to

Gaming 76
article thumbnail

Planning Your Restaurant's Path to Profitability

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.

article thumbnail

Samsung Goes After Biometrics For Enterprise Banking

PYMNTS

Samsung is looking to introduce biometric authentication capabilities to mobile devices, a move that could have significant implications for the enterprise world. Reports on Friday (Sept. 23) said Samsung IT unit Samsung SDS is collaborating with vision and voice tech firm Sensory to imbed biometric recognition capabilities for banks and enterprises in an effort to safeguard their mobile transactions.

article thumbnail

Why Payment Experience Matters For Global Citizens

PYMNTS

The growth of international markets has brought much attention to Global Citizens , who have very specific payment needs when moving money outside of their home country to fulfill their personal and family ambitions. Oftentimes, institutions looking to expand their acceptance of international payments are ill-equipped. While they may have a payment environment in place that works domestically, being prepared to meet the challenges and demands that come with a new global business opportunity requ

article thumbnail

Did Yahoo Lose Sight Of The Fight Against Hackers?

PYMNTS

Just last week, Yahoo fell victim to what could be the biggest data breach in the digital era. Over 500 million Yahoo accounts have been compromised by hackers, according to emerging reports. Yahoo confirmed certain user account information — including names, email addresses, telephone numbers, dates of birth, hashed passwords and, in some cases, encrypted or unencrypted security questions and answers — was stolen from the company’s network in late 2014.

article thumbnail

FinTech Big Leaguers Place Their Bets On Blockchain-Based Trade Finance

PYMNTS

The possible use cases for blockchain are seemingly endless, but when behemoths like Microsoft and Bank of America Merrill Lynch (BAML) offer their take on how to harness its potential, the industry tends to pay attention. This week, the two announced a partnership to develop blockchain-based solutions for a targeted space: trade finance. They may be some of the biggest, but Microsoft and BAML aren’t the first companies to land on this use case for distributed ledger technology.

Finance 75
article thumbnail

How Automation is Driving Efficiency Through the Last Mile of Reporting

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

article thumbnail

Blockchain Tracker: Capitol Hill To Startups, Incubators Inbetween

PYMNTS

Could be the beginning of a riddle: Why did a new caucus and an incubator show up on Capitol Hill? Trick question, no riddle here: In all of about 48 hours, Washington, D.C. showed that America’s capitol has increased interest in blockchain — through the formation of a caucus and an incubator. Earlier this week, blockchain arrived on Capitol Hill by way of the formation of the Congressional Blockchain Caucus focused on examining and educating lawmakers on the payments technology and issues asso

article thumbnail

ACI Worldwide And VocaLink To Create Payments Network

PYMNTS

ACI Worldwide, a global provider of real-time electronic payment and banking solutions, and VocaLink, a global payments systems company, announced on Tuesday (Sept. 27) a partnership to launch a domestic or regional immediate payments network. In a press release , the companies said it is the first global strategic partnership of its kind and will offer participants a pre-integrated solution, enabling quicker onboarding to the payments scheme and broader reach to more scheme participants in a fa

74
article thumbnail

Lenovo, Intel, PayPal Tackle Payments Fingerprint Tech

PYMNTS

A new collaboration may be bringing fingerprint payment authentication online via personal computers. Tech companies Intel, Lenovo and Synaptics recently announced they are teaming up on new technology that will enable people to verify their identities for online payments by using their fingerprints. The new biometric system for personal computers will be used for payment services, like PayPal, and adhere to security standards developed by the FIDO Alliance.

article thumbnail

Reading Like A Boss (Literally)

PYMNTS

At the end of the year, there will be a minor competition to see what 2016 was “the year of.” Depending on how the iPhone 7 does, it might be known as “the year the bloom finally came off the iPhone rose.” If Karen Webster is right, 2016 will be known as “the year mobile hit its inflection point.” The CFPB might tell you that 2016 was “the year Wells Fargo proved that it is an essential regulator.” The nation’s physical retailers might tell you it was “t

article thumbnail

No-Code Technology: The Key to Unlock the Future of Your Business

Global economies are reeling from recent upheavals—pandemic aftershocks, geopolitical conflicts, and a tech sector crunch. Mark Zuckerberg's 2023 "Year of Efficiency" ethos extends into 2024, with leaders seeking cost reductions without stunting growth. No-code technology emerges as a beacon of hope, fostering resilience and adaptability. Platforms like Make.com and Zapier empower even non-technical staff to automate and innovate, freeing IT for strategic tasks.

article thumbnail

EU Says Cybercrime Is On The Rise

PYMNTS

The European Union’s police agency, Europol , has seen a significant spike in the number of cybercriminals gaining from malicious activities. The latest data from the group found that Europol’s European Cybercrime Centre launched 131 successful cyberoperations in 2015, which is an increase from just 72 operations in 2014, The Wall Street Journal reported on Wednesday (Sept. 28).

article thumbnail

New World Payments Report Released By Capgemini, BNP Paribas

PYMNTS

Global digital payment volume is slated to hit a new high this year of 426.3 billion transactions. That’s according to Capgemini and BNP Paribas, which recently released new research through the 2016 World Payments Report (WPR). Paris-headquarterd Capgemini, a consulting and technology firm, has headlined the report for the past 12 years. This year’s annual growth is projected to top 10 percent for the first time, an increase compared to 8.9 percent growth the previous year (387.3 billion transa

Retail 73
article thumbnail

Can Taxis Navigate Through Ride-Hailing Enthusiasm?

PYMNTS

As technology evolves and customers increasingly expect exceptional service, both offline and online, many merchants recently made moves to ensure they’re providing consistent in-store, mobile and online shopping experiences by offering new products and services created by developers. From app-to-app marketplaces to products being launched, there has been no shortage of innovation on display across the developer space recently.

article thumbnail

Most Shoppers Browse Online Before Buying In-Store

PYMNTS

More than half of shoppers visit a retailer’s website or app before making an in-store purchase, according to new research. According to a survey from Google and Purchased, a shopping insights firm, 58 percent of consumers said they used a retailer’s website or app before making an in-store purchase; 54 percent of those surveyed said they used a search engine; and 53 percent of those surveyed said they visited a store or some other location to find out more about the product.

Retail 73
article thumbnail

Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

article thumbnail

Microsoft, Bank of America Get Serious On Blockchain Trade Finance

PYMNTS

Distributed ledger technologies, like blockchain, are now eyed with potential to overhaul not just payments, but transactions that require data to move along with money. Trade finance has become a central focus for some blockchain innovators, including Microsoft via its Azure platform. On Tuesday (Sept. 27), the technology conglomerate announced a significant step towards developing blockchain-based trade finance solutions via a partnership with Bank of America Merrill Lynch (BAML).

Finance 73
article thumbnail

Apple HealthKit Gets A Check-Up

PYMNTS

Your Apple Health app is about to get more intricate but more helpful to your doctor. Apple has plans to revamp its HealthKit app by rolling out to a fuller diagnostic tool that can interpret fitness and health data in order to prompt medical advice. The data is intended to be helpful to consumers but also their doctors, who are already sounding off about the added features.

72
article thumbnail

Apple HealthKit Gets A Check-Up

PYMNTS

Your Apple Health app is about to get more intricate but more helpful to your doctor. Apple has plans to revamp its HealthKit app by rolling out to a fuller diagnostic tool that can interpret fitness and health data in order to prompt medical advice. The data is intended to be helpful to consumers but also their doctors, who are already sounding off about the added features.

72
article thumbnail

Banks Fending Off FinTechs, Regulators And Cybercriminals

PYMNTS

The pace of change in the payments industry is not going to slow any time soon, according to Financial Times. The newspaper cited Ripple’s use of blockchain technology and the ability of two small banks, one in Canada and one in Germany, to complete cross-border online transactions in record time as an example of the latest banking innovations. The banks involved claimed this was the first real international money transfer using blockchain technology.

article thumbnail

Recruit and Retain New Blue-Collar Talent

Blue-collar jobs have a branding problem. One company, GEON, partnered with Paycor to find the solution. Learn how to attract, engage, and retain blue-collar employees, helping them build meaningful careers – and support your company’s goals.

article thumbnail

Ripple Effects: Mobile Payments Are Just The Beginning

PYMNTS

Technology is taking us to a world where we never have to leave our homes. One where a trip to the grocery store or the bank is a thing of the past (if it isn’t already). One where grocery stores, restaurants and eCommerce can deliver anything and everything to your home almost instantly by drone, payments are automatic, doctors do house calls, people communicate by FaceTime and most of the labor force works remotely.

article thumbnail

PYMNTS Daily Data Dive: Mobile Moments

PYMNTS

Mobile shopping is a convenience, if not an expectation, of consumers worldwide. A new survey by the Interactive Advertising Bureau polled mobile users from 19 countries and found that the vast majority of smartphone and tablet users had purchased products and services via a mobile device during the past six months. Around a quarter of those polled buy using their mobile devices every week.

Account 71
article thumbnail

Whatever Happened To … NerdWallet?

PYMNTS

In the middle of the recession, everyone was talking about their personal finances. So, what’s a good startup idea? A personal finance site. Back in 2009, that’s what NerdWallet did. Its mission? To offer financial tools and advice from an objective standpoint to help people make the best decision for themselves. “Seeing NerdWallet grow from a singular credit cards tool in 2009 to providing content and tools across 11 personal finance topics today is something I have great pride in,” said Tim Ch

Finance 71
article thumbnail

Beyond The Need For Payments Speed

PYMNTS

[link]. Same Day ACH is now a reality and, with much fanfare, represents the first ubiquitous faster payments initiative in the United States without an attendant regulatory mandate. But as Karen Webster noted in the latest installment of Topic TBD, even as faster payments takes a step closer to reality in the U.S., that adoption begs a much broader set of questions.

article thumbnail

Join the Instant Payment Revolution: Read 7 Must-Know Facts for Small Businesses

Technology evolves at lightning speed, and as finance keeps changing, instant payments emerge as a game-changer for small businesses. By 2030, instant payments are projected to surge by 289% and will become the new norm in financial transactions. Our whitepaper reveals seven must-know facts about instant payments, offering to help you navigate this financial revolution effectively.