PYMNTS
FEBRUARY 13, 2017
Enterprise cloud adoption is reaching new heights thanks to maturity of the technology and newfound trust among corporates of cloud infrastructure. A new report by Intel Security , released today (Feb. 13), uncovers some promising trends for cloud technology in the enterprise: Greater trust in the tech overall, especially in public cloud infrastructure, are both apparent in the survey’s results.
Katz,Sapper&Miller
FEBRUARY 14, 2017
The Indiana Department of Revenue recently updated Information Bulletin #8, “Application of Sales Tax to the Sale, Lease, or Use of Computer Hardware, Computer Software, and Digital Goods.
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PYMNTS
FEBRUARY 13, 2017
Standard Chartered is hoping to fuel innovation by giving developers access to banking technology. The bank announced late last week that it is rolling out the Open Banking API Developer Portal that will enable developers to play around with banking technologies, first with a focus on transaction banking and cash management. Standard Chartered said it will look to wield the solutions created by developers on the platform for the bank’s own businesses.
PYMNTS
FEBRUARY 16, 2017
Considering the mind-bending level of competition in the FinTech space today, the rise of the API may raise some eyebrows. After all, if a company has worked so hard to develop some type of financial technology, why would they want to lend that technology out to just about anyone? But the rollout of APIs from financial services and technology giants like Standard Chartered and Citigroup is a chance for the FinTech space to achieve greater levels of collaboration and innovation.
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
FEBRUARY 16, 2017
Singapore is changing its rules on venture capital in an effort to support economic growth, reports said this week. According to Bloomberg , the Monetary Authority of Singapore published a new consultation paper that revealed new and existing venture capitalists will no longer be subject to the same rules that apply to fund managers overall, including capital requirements and business conduct regulations.
PYMNTS
FEBRUARY 14, 2017
Chase Merchant Services, the global payment acceptance and merchant acquiring business division of JPMorgan Chase & Co., just recently announced that veteran financial services executive Valeria Strappa has been named the new chief administrative officer. Matt Kane, CEO of Chase Merchant Services, said in a press release: “Val will be exceptional in helping lead our global and growing business, with her professional experiences, international background, and competitive spirit.”.
Accountant Advocate brings together the best content for small business accounting professionals from the widest variety of industry thought leaders.
PYMNTS
FEBRUARY 13, 2017
J.Jill, the women’s apparel retailer, announced Friday (Feb. 10) it has filed a registration statement with the Securities and Exchange Commission relating to a proposed IPO of its common stock. J.Jill said in a press release the registration statement filed Friday represents its initial public filing pursuant to the provisions of the Jumpstart our Business Startups (JOBS) Act of 2012.
PYMNTS
FEBRUARY 14, 2017
According to the results of the Hacking America: Cybersecurity Perception study, American consumers are at risk of “cyber confusion” in both the workplace and at home. The research, from Kaspersky Lab and HackerOne , revealed that both consumers and businesses in the U.S. are in need of a deeper understanding of cyberthreats and how to protect sensitive data online.
PYMNTS
FEBRUARY 17, 2017
Slightly more than $120 million in investment fund flows marked the week that ended Feb. 10. That’s a slowdown from the weeks prior and over the past several days, and no deal was in the triple-digit range. The FinTech space, this time around, carried almost all of the activity for the week. The biggest transaction came from the banking space, where a series of private investors invested $30 million in Old Dominion National Bank.
PYMNTS
FEBRUARY 17, 2017
For people who are credit invisible or lack enough credit history to receive a credit score, the possibility of obtaining a mortgage, credit card or other type of loan can be nearly impossible. In order to achieve those types of goals, they often have to take on high-cost loans that aren’t reported to credit reporting agencies — and do nothing to build on their credit history.
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
PYMNTS
FEBRUARY 13, 2017
With all the available connected technologies today, consumers are sharing more information with one another. From check-ins at a favorite restaurant to Instagramming a sunset overlooking the Brooklyn Bridge, there aren’t many private moments that go undocumented. Because of all of these technologies, it’s nearly impossible to keep anything a secret.
PYMNTS
FEBRUARY 15, 2017
It’s safe to say the sharing economy isn’t going anywhere soon. From sharing a ride to borrowing books and taking a spin on someone else’s boat, the possibilities are endless. The success behind the sharing economy is typically due to the fact there’s an unaddressed need demanding attention. Ever since the advent of laptops and the myriad of smart devices, there has been one major need that hasn’t quite gone under the radar — charging the batteries of these devices.
PYMNTS
FEBRUARY 17, 2017
Look out, Alexa — it seems Google Home has leveled up its skills such that as of today, it is now possible to order goods for delivery directly from the search giant’s smart speaker device. Google’s Assistant will pull goods from the retailers that already support Google Express — including Costco, Walgreens and Whole Foods. To make the system work, the customer does a maneuver familar to anyone who has ever spoke to Alexa via an Echo.
PYMNTS
FEBRUARY 17, 2017
The age of information is an instant one, populated by email, bitmojis (they can even look like you) and texts, of course. Though the delivery method may change, the result is the same, as communication moves at the speed of thought and light. Messaging can also create bonds between users and companies, across concrete eCommerce platforms that can extend into the hundreds of millions — and that’s users, not messages.
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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.
PYMNTS
FEBRUARY 13, 2017
All’s quiet on the grocery front this week as there wasn’t much net movement across tracked grocery stocks. Kroger fell into a bit of a hole midweek, though Thursday and Friday morning trading worked to pull it back out, with price per share at the time of writing at $33.55, up 0.18 percent from Thursday’s close. Ahold Delhaize also saw movement upward during Friday’s trading after spending the week down — trading at €20.23 on Friday afternoon.
PYMNTS
FEBRUARY 14, 2017
Four or more hedge funds in the U.S. and Japan are making a bet that the price of bitcoin will go up, buying or offering to buy claims from the thousands of former trading account holders who saw their bitcoin holdings evaporate when Mt Gox, one of the world’s biggest bitcoin exchanges at the time, filed for bankruptcy in Feb. 2014. According to a report by Financial Times , which cited people with direct knowledge of the situation, while none of the roughly 24,000 claimants expect to get back
PYMNTS
FEBRUARY 13, 2017
Shopping for a Vacheron Constantin luxury watch just got easier. Now, all you need is $45,000 and an internet connection. The company announced that it will be selling its latest collection online for the first time in its 262-year history, with the Richemont-owned brand trying to attract younger customers. Internet Retailer reported that the Geneva-based company designed a limited edition of 36 Crones de Vache 1955 timepieces with New York-based watch news website Hodinkee, and the $45,000 watc
PYMNTS
FEBRUARY 13, 2017
Valentine’s Day is tomorrow, meaning the prepared have already made their dinner reservations and the unprepared will be making a rather frantic stop at a jewelry store and florist at some point within the next 24 hours. And while we here at PYMNTS seriously considered trying to make a valentine for all our readers to express our undying love and devotion, we realized that, for the payments and commerce junkies who frequent this page, there is no better token of our affection than keeping the da
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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.
PYMNTS
FEBRUARY 13, 2017
SMEs are the bedrock of many economies, not just that of the U.S. With that in mind, PYMNTS thought it was time to check in with small businesses across the globe. This week, we break down the latest statistics on SME health, optimism and finance for markets in the U.S. and beyond, including the U.K., Australia and South Africa. 84% of U.S. SMEs visit bank branches to make deposits , according to a new survey by Mercator Advisory Group that examined how small business owners interact with their
PYMNTS
FEBRUARY 15, 2017
Aiming to beef up security in connected and driverless cars , a group of lawmakers have introduced a bipartisan bill in the House of Representatives that would put the National Highway Traffic Safety Administration (NHTSA) in charge of studying security issues for cars and trucks that are connected and eventually driverless. According to a report , Rep.
PYMNTS
FEBRUARY 15, 2017
Companies are rolling out plenty of new banking tools for consumers to manage their money. But even with all the support, will consumers be able to build a sturdy financial life for themselves? Banks and FinTech providers are rolling out plenty of solutions, from artificial intelligence-powered chatbots, to a network of cardless ATMs, to help make banking easier for consumers These solutions are providing consumers with new ways to keep track of their spending, get questions answered by their ba
PYMNTS
FEBRUARY 15, 2017
The commercial card space is anything but straightforward. For one, payments innovation has created an explosion in the types of cards businesses can use, from fleet cards to one-time-use virtual cards. What’s more, the space continues to struggle with adoption, whether it be encouraging suppliers to accept commercial cards as payment or convincing businesses to adopt unfamiliar — but more secure — virtual card technology.
Advertiser: Paycor
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.
PYMNTS
FEBRUARY 14, 2017
As it turns out, hospitality is the latest industry to experience a technology boom. From AI automation to keyless entry, data science to seamless check-in, hoteliers are reportedly looking for tech-minded workers to advance hospitality in the digital age. As guests increasingly rely on digital channels both for research, booking rooms, and communicating with hotels, said the New York Times, it is becoming essential for the hospitality industry, and specifically hotels, to take on tech experts i
PYMNTS
FEBRUARY 13, 2017
Mint Payments on Friday (Feb. 10) announced it completed a placement of new shares, which it is using to expand in South East Asia ’s payments market. According to a report , the placement was made to raise $6 million. The shares were priced at $0.079 a share and represent a 3.7 percent discount to the last traded price of $0.082 a share. The report noted the capital raising will be undertaken in two tranches, with tranche 1 comprised of 50.6 million shares, raising $4 million.
PYMNTS
FEBRUARY 14, 2017
Companies have seen their fair share of finding the delicate balance of temperament over the years in customer interactions. With the instant gratification apparent in today’s fast-computing arena, the service industry not only merely requires it; it’s become a necessity in order to survive. From the pushy sales person calling multiple times per week to the overly eager store associate looking for a commission, live interactions with companies have experienced a range of personalitie
PYMNTS
FEBRUARY 15, 2017
Smart-enabled devices undoubtedly make everyone’s lives easier. As a result of being able to research anything from anywhere at any time and ordering services at the drop of a hat, consumers have turned into seekers of instant gratification who prefer personalized experiences. Given this fast consumer-driven nature, retailers can’t keep track. According to TimeTrade’s State of Retail 2017 Survey , retailers missed out on $150 billion in sales during the 2016 year by not catering to this consumer
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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.
PYMNTS
FEBRUARY 13, 2017
Netherlands-based bank ABN AMRO is working with invoice management firm InvoiceSharing, also based in the Netherlands, to develop a new accounting automation solution for SMEs. Reports Friday (Feb. 10) said the two companies are collaborating on the new tool that will aim to provide easier access for small business owners to their accounting information and be able to more adequately and quickly assess their working capital needs.
PYMNTS
FEBRUARY 13, 2017
For as long as electronics have been around, there’s been one common problem in nearly every home — finding the right remote control for the right device. With the amount of connected technology and a myriad of other devices entering the market, it’s nearly impossible to keep track of them all. And when all of these remote controls are in the same place at the same time, the next question arises as to where to store them all.
PYMNTS
FEBRUARY 17, 2017
Amazon is partnering with nonprofit organization FareStart to launch a job training program in Seattle’s South Lake Union neighborhood. The eCommerce giant is donating more than 25,000 square feet of retail space to help support living wage career opportunities for those in need. The initiative will also bring five new eateries to Seattle, which will serve as the training location for those enrolled in the program and help people in entry-level foodservice jobs attain the skills needed to earn a
PYMNTS
FEBRUARY 14, 2017
The payments landscape is changing to the point where scale need not be the determining factor of success. Plastic may be the big sea change of the last half-century in terms of changing the way people pay at the point of sale and beyond. But the landscape is changing, where physical payments are not the way it is done alone. Digital, of course, has changed the way we pay, how and across which conduits.
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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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