Sat.Apr 09, 2016 - Fri.Apr 15, 2016

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Chargebacks Have Merchants Scared Straight (To EMV)

PYMNTS

Merchants have a lot going on these days. The EMV liability shift just hit the six-month mark , the force of mobile continues to strengthen, and industry players are shape-shifting their business models all while authenticating consumers just keeps getting more complex – and that’s the tip of the iceberg. As Merchant Link CIO Scott Carcillo pointed out during a recent sit down with MPD CEO Karen Webster to discuss what’s happening in the world of merchants and how they’re overcoming the challeng

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Participate in the KSM/McLeod Trucking Operations Benchmarking Survey

Katz,Sapper&Miller

Katz, Sapper & Miller and McLeod Software have launched our third annual trucking operations benchmarking survey, providing truckload carriers the opportunity to measure the real performance of their operations against their peers.

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Bank of America Taps Messenger To Engage Customers

PYMNTS

Bank of America just took a major step toward extending its mobile banking services to a growing base of millennials that are steering away from traditional banking. The bank announced its collaboration with Facebook in which it is developing new capabilities that would allow its customers to stay connected with the bank on Messenger. The announcement comes on the heels of Facebook’s F8 conference, where the tech giant revealed details on its plan to commerce-enable its Messenger app via

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refund.me Steps Into Corporate Travel Market

PYMNTS

Refund.me aids consumers in recovering money from a refund and champions consumer rights, but the refund.me Group is now entering into the space of protecting corporates and their business travelers. The company announced on Friday (April 8) that it is introducing Business Solutions, a unit of the firm that acts as a B2B online platform to help business travelers recover funds by automating the refund claims process.

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Planning Your Restaurants 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.

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Retail Goes Remote

PYMNTS

Meeting the consumer where they are. That’s the mantra of innovators everywhere. It’s what’s turned the retail word upside down as consumers with their mobile devices have decided they’d rather buy from their couch with their mobile phone than schlep to the mall. It could also be what could transform what used to be called the “unattended” or “vending” industry.

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VC Bill Tai Backs The Invoice Financing Model

PYMNTS

Crowdfunding may be a stylish way for a business to get off the ground, but the crowdfunding model can play into small business finance in other ways. Kickfurther is one company that takes the model of a marketplace lending platform, allowing investors to finance a company against outstanding invoices and inventory. Now, one leading venture capitalist is supporting Kickfurther’s business model.

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Can This Body-Scanning Mirror Replace Scales?

PYMNTS

For a while, body weight was the best factor for determining physical health. Somewhere along the way, body mass index took over the preferred spot. But now that BMI has been discredited, too, perhaps a more holistic way of looking at oneself might work? That’s the mission behind Naked Labs, which announced on Thursday (April 14) that it’s releasing what it calls “the world’s first 3D fitness tracker for consumers.” Essentially a full-length mirror and rotating pla

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The IoT Goes Shopping

PYMNTS

Much of the experimentation surrounding the Internet of Things (IoT) today is focused on security aspects and creating consumer value … but MPD CEO Karen Webster wonders if perhaps a lot of it isn’t misdirected. Joe Jensen, V P of the Internet of Things Group (IOTG) and General Manager of the Retail Solutions Division at Intel Corporation , tends to agree.

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HBO’s John Oliver Rips Into Credit Reporting Agency Errors

PYMNTS

“Measuring credit enables businesses to know who to lend to. It’s critical to our economy, and it always has been.” Obvious, right? Well, HBO’s John Oliver, who kicked off his segment about credit reporting agencies with that simple reminder dug into the industry to show why that vision has gotten skewed in recent years. But in Oliver’s scathing segment about the three big credit reporting companies — Equifax, Experian, and TransUnion — and where there may be gaps

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Inmoji Goes Contextual Commerce With Brand Bots

PYMNTS

A technology startup is looking to put mobile messaging into context. On Friday (April 8), Inmoji — which creates branded, interactive emojis for integration into consumer messaging — announced a new feature, Inmoji Brand Bots. Described in a press release as an extension of Inmoji’s current offering, the new, shareable Brand Bots provide brands with a splash page that is contained within a clickable icon.

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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

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Magento CEO On The ‘Other’ Omnichannel

PYMNTS

Somewhere between the early use of computers as devices only the most dedicated of tech geeks could figure out to their omnipresence as essential business tools today, the SaaS (Software as a Service) application became an effective model and compelling value proposition. Yet some worry that not actually owning or hosting the software in their own environment blunted their ability to get all of the customization they might want or need to meet their business requirements.

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Magento Gives Frankfurt Airport An Omnichannel Facelift

PYMNTS

Modern air travel is a fragmented experience. Between security checks, harried boarding procedures and more fees than passengers can shake their wallets at, it doesn’t really seem like fertile ground for merchants to make the positive connections valued in contemporary retail. However, Magento Commerce and the Frankfurt Airport are giving it a go anyhow.

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Sears Gets $500M Loan For Omnichannel Reinvention

PYMNTS

Is $500 million the magic number for Sears? Or is it just the latest in a string of failed attempts to turn the struggling retailer around? It’s no secret that Sears has been in the weeds , so to speak, for some time now. Yet, in the scrappy tradition of so many great American brands, the company continues to find a way to hold things together. This may be its last chance for a turnaround, as it’s one that would come with a $500 million price tag.

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A Cure For The Financial Supply Chain Sickness

PYMNTS

Between stretched-out payment terms, the threat of late payments and the everyday challenges of operating as a smaller enterprise on a global scale, the world’s suppliers have a tough time managing cash flow. Suppliers look to various financing solutions to fill in their cash flow gaps, but a lack of credit history often means expensive loans. It’s a vicious cycle and one that makes today’s global supply chain plagued, argue SAP Ariba and PrimeRevenue.

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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.

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Why mPOS Advancements Can Mean Big Things For Small Businesses

PYMNTS

Mobile sales are not just for the biggest retail players — at least not anymore. Thanks to the leaps forward in technology that have created a world of convenient, safe and fast mobile payments, small businesses have seen increased opportunity for mobile sales. With mPOS solutions, sellers of any size can harness the power of ever-present mobile devices and create retail opportunities wherever, whenever.

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Study: The ‘Amazon Effect’ Is Changing The Face Of Retail’s Backend

PYMNTS

As mobile and omnichannel are changing the face of retail – and the “Amazon effect” is changing customer demands and expectations for their front-end experiences, retailers of all stripes are being forced to re-evaluate their back-end systems and operations. Such is the conclusion of a new study out of Auburn University’s Center for Supply Chain Innovation, the Retail Industry Leaders Association (RILA) and Checkpoint Systems, “The State of the Retail Supply Chain.” Accor

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PayPal Report Reiterates Which Consumer Priorities Are Fueling X-Border Payments

PYMNTS

International demand for foreign products and services continues to expand. A recent PayPal study, which focused on the x-border strategies of U.S. businesses and corroborated the Q1 PYMNTS.com X-Border Payments Optimization Index , reported that consumers value their time and money over all other factors. Now, more than ever, people expect to be able to purchase what they want, when they want and from wherever they want.

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China’s Tax On Foreign eCommerce Sites

PYMNTS

China has some new taxes on goods imported through eCommerce sites, though it has also removed some duties that had previously been assessed. Food will now import at a higher duty price; previously the tax was 10 percent. Cosmetics on the other hand are getting cheaper, falling from the 50 percent tariff previously charged. “I don’t see the new policy as a problem,” Tao Yuan, eCommerce director of Germany-based Metro AG’s China division told Internet Retailer.

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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.

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NACHA Says ACH Booming For B2B

PYMNTS

Business-to-business payments may finally be on the right track to faster, digital payments. New data from NACHA offered insight into the growth of ACH payments in 2015 and found significant increases in the use of ACH for B2B payments. An announcement on Thursday (April 14) by NACHA said ACH transaction volume increased by more than 5.6 percent last year compared to 2014.

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Why eCommerce Loves Ohio

PYMNTS

When you think of the future of online retail, you may get a vision of innovative online retailers at a startup in Silicon Valley or the hip streets of NYC or L.A. But, in actuality, if you want to see what the future of online retail looks like, you might need to look to Ohio. Fulfillment, while perhaps not the most flashy component of eCommerce operations, is nonetheless vital to the entire equation that often decides the winners and losers of the retail game.

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Able Exposes Sky-High (And Hidden) Business Loan Rates

PYMNTS

Small business short-term loans can be expensive, but worse, borrowers may not always know what they’re paying. That’s according to online SME lender Able, which is looking to heighten the transparency of small business loan rates. “In talking to thousands of small business owners about their financing, we found that an overwhelming majority did not realize the actual rate they are being charged,” said Able Cofounder and CEO Will Davis in a statement on Monday (April 11).

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Apple Stock Down Post iPhone Production Cut Report

PYMNTS

Apple can’t seem to catch a break when it comes to news about their iPhones — especially when it comes to sales. And now today (April 15), Apple’s stock is down more than 1 percent, which comes after a Nikkei report that the company is continuing its iPhone production cut into the next quarter. The reason? Sales haven’t seemed to pick up.

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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.

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Facebook Eyes The Hardware Business

PYMNTS

Facebook’s new research lab, which is tasked with developing hardware products, will be led by a top Google executive. In a Facebook post on Wednesday (April 13), Facebook CEO Mark Zuckerberg said the new group, called Building 8, will focus on “building new hardware products to advance our mission of connecting the world.”. Regina Dugan, who was the director of DARPA (Defense Advanced Research Projects Agency) and, more recently, led the advanced technology and projects group at Google, will re

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Brick-And-Mortar Vs. Brand Names

PYMNTS

Everybody wants brand names, right? By definition, they are recognizable, trustworthy (more or less) and, therefore, popular. The upshot for the wholesale manufacturers behind those brands is, of course, that they are able to set their suggested retail prices a little bit (or, sometimes, a lot) higher than items bearing lesser-known labels. And that has become something of a problem for brick-and-mortar retailers.

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‘Snacking’ Shoppers Use Apps To Nibble At Purchases

PYMNTS

How fast does the reality of modern retail change? Just when the biggest merchants had done everything they could to become fluent in desktop- and mobile-based commerce, consumers flip the script on them again. The Wall Street Journal reported that app-based “snacking,” or small, impulsive purchases made on mobile devices through the day, is largely coming to replace the increasingly antiquated practice of making a lower number of larger purchases on less portable devices.

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Study: Millennials Really Like It When Stores Stay In Touch

PYMNTS

As both retailers and consumers continue to mature alongside the technology they both use to stay in touch with each other, it’s only to be expected that a good deal from each side figure out ways to optimize digital communications. According to a new study, millennial shoppers already have. Euclid Analytics, a location-based marketing group, and Harris Poll announced on Wednesday (April 6) the findings of a survey on millennial preferences for retailer-based interactions, and the results

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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.

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Synchrony Unleashes Supercharged Marvel MasterCard

PYMNTS

Consumer financial services company Synchrony Financial and Marvel Partnerships announced the launch of the Marvel MasterCard today (April 12). The new card unlocks a myriad of new features for cardholders, such as cashback rewards and exclusive benefits. Marvel MasterCard cardholders will also have access to exclusive Marvel content, merchandise, discounts and special events.

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Amazon Embraces Full Prices For High Fashion

PYMNTS

By and large, shoppers have come to accept the foreign experience that is buying clothes online. While there’s no fitting room that lets them get the fit and feel of a dress before they buy and no sales associate to nudge them along all the way, Amazon has managed to soften the edges of buying online with easy returns and a growing selection that’s finally got some consumers looking its way.

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Collaborating Across The B2B Supply Chain, With A 360° View

PYMNTS

The supply chain has its issues and challenges that are specific to procurement, payment and quality control, among others. But, in the end, it all boils down to relationships, which are based on trust and communication. The problem lies with gathering insights about that supply chain and its relationships that are actionable and reliable. Clearly, there is room for improvement.

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Peter Thiel Backs Payday Lending Startup

PYMNTS

With a $9 million funding round led by Valar Ventures — the investment firm perhaps most notable for the presence of Peter Thiel — Even is forging ahead with its financial services model geared toward lower incomes in the United States. As reported by Fortune , the company has been targeting “uneven paychecks for hourly workers” in light of the fact that many of those 77 million workers have less-than-consistent schedules, with wild swings in compensation.

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How CPA Firms Can Profit From Payroll Services Without the Extra Work

"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.