PYMNTS
NOVEMBER 8, 2017
When it comes to business, it’s no secret the competition is fierce. But in an increasingly interconnected world, even competing companies need to collaborate. Rival banks and financial institutions (FIs) need to work together to serve customers and transfer money between banks. Car dealers need parts from competing suppliers and manufacturers to keep repair shops and vehicles running without a hitch.
Katz,Sapper&Miller
NOVEMBER 10, 2017
Katie Culp and Josh Malarsky have been recognized as one Indy’s 2017 Best and Brightest by Junior Achievement of Central Indiana. The award honors 100 outstanding young professionals, ages 40 and under in 10 different industries, who are making their mark as up and coming talent and the next generation of leaders in the central Indiana community.
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PYMNTS
NOVEMBER 7, 2017
Today, companies large and small are investing resources into using blockchain and distributed ledger technologies, in what some may later view as the golden age of blockchain development. Interestingly, many of these investments are made with the aim of moving B2B operations for companies, from auto manufacturers to financial firms, into the fast lane. .
PYMNTS
NOVEMBER 10, 2017
If only shopping weren’t so … shoppy. Sure, eCommerce takes away a lot of the hassle, but sometimes you need that last-minute pair of sunglasses or gloves, and ordering them online just isn’t an option. At least, not until Amazon invests in some beam-me-up magic. Say you just got off an airplane, and the weather is much colder than you expected. You’re traveling, and didn’t pack anything warmer.
Speaker: Victor C. Barnes, CPA, MBA
In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.
PYMNTS
NOVEMBER 6, 2017
With procurement becoming a more strategic unit within the enterprise, much of its power comes in the form of spend management, savings and bottom-line benefits. But, according to eProcurement and spend management company Proactis , organizations can only wield that power within the procurement function if it communicates with the finance department — and, Proactis found in a recent survey, that’s only happening part of the time.
PYMNTS
NOVEMBER 10, 2017
Facebook may be gunning to introduce facial recognition software for in-store payments at retail locations, as presaged by a patent application published Thursday (Nov. 9) with the U.S. Patent and Trademark Office. In his filing, patent inventor Stephen Moore Davis noted the plethora of payment methods in place at physical retailers — ranging from credit and debit cards to near-field communication (NFC) offerings — and that they “lack a secure and/or convenient method” through which to authentic
Accountant Advocate brings together the best content for small business accounting professionals from the widest variety of industry thought leaders.
PYMNTS
NOVEMBER 7, 2017
Citi’s Treasury and Trade Solutions is bringing its accounts receivable (AR) Payer ID solution to more markets around the globe. The financial institution (FI) announced news on Monday (Nov. 6) that Payer ID is now available in 44 countries, as Citi brings the B2B payments tool across North America and Western Europe. The accounts receivable solution enables companies to gain visibility into incoming payments for greater working capital management, Citi explained.
PYMNTS
NOVEMBER 9, 2017
The era of ascendant digital channels has come with a concurrent war on paper. Why write a check when you can swipe a card (or tap your phone)? Why mail a customer a coupon when a quick email is cheaper to get out and just as usable to the consumer who collects it? But, as the team at Dermstore has spent the last six months learning, sometimes an old school, paper-based solution is just what the doctor ordered, particularly if the disease is cart abandonment.
PYMNTS
NOVEMBER 6, 2017
When October rolls around each year, millions of people in the U.S. and other parts of the world turn out in droves to buy costumes, decorations, pumpkins and candy for a fun and scary Halloween. But October also happens to be a time when financial institutions and businesses prepare for situations much scarier than ghosts and goblins in search of tricks or treats.
PYMNTS
NOVEMBER 8, 2017
While we at PYMNTS.com would never applaud crime, we do have to credit Cheyenne Amber West of Fort Pierce, Florida, with boldness for her recent attempts to scam Walmart of more than $1,800 in consumer electronics. Boldness, but not brains, because while we can’t help admitting it was gutsy of her to try and slip nearly $2,000 in merchandise past self-checkout while only actually ringing in $3.70, it really wasn’t a very well thought-out plan.
Speaker: Kim Beynon, CPA, CGMA, PMP
The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.
PYMNTS
NOVEMBER 8, 2017
Ethereum , the competing digital currency to bitcoin , was dealt a blow on Tuesday (Nov. 7) when a vulnerability in a cryptocurrency wallet froze as much as hundreds of millions of dollars. According to a news report in TechCrunch , Parity Technologies – which makes the hugely popular wallet Parity – said an issue could cause the contents of the wallets to be erased.
PYMNTS
NOVEMBER 10, 2017
Retail secret sauce? Throwing spaghetti strategically makes it much more likely to stick. Nicole Jass, Vantiv VP of Data Products, said in a recent interview with Karen Webster that data must be the core of that strategy. But not just any heap of data will do. It must be the right data, distilled and synthesized into something retailers can actually use to help aim their flying spaghetti.
PYMNTS
NOVEMBER 8, 2017
Help yourself: Unattended retail just got more seamless and widespread with USA Technologies ’ acquisition of Cantaloupe Systems, Inc. The deal is expected to close by the end of this week, according to a press release by USA Technologies. The company put a total of $85 million into the deal: $65 million in cash and $20 million in stock. USA Technologies powers cashless and mobile payments in self-service retail settings — think Starbucks ordering kiosks and Home Depot key-cutting machines, for
PYMNTS
NOVEMBER 10, 2017
Add Goldman Sachs CEO Lloyd Blankfein to the list of people who aren’t fans of bitcoin. In an interview with CNBC , Blankfein said that “maybe bitcoin is a kind of a bubble,” adding: “I don’t like it. I’m not comfortable with it. I’m kind of an old dog to be absorbing that kind of a new trick.” Last month, Goldman Sachs compared key characteristics of gold and bitcoin, and revealed that when it comes to being assessed on the majority of the key character
Speaker: Mark Gilham, FCCA, CPP
Finance used to be the function that counted, now it's the one that’s counted on. 📊 For accounting firms, controllers, and finance leaders, expectations are rising faster than headcount. Businesses want agile forecasts, granular analysis, seamless reporting, and smart automation—often without added resources while demanding uncompromised accuracy and compliance.
PYMNTS
NOVEMBER 9, 2017
PayPal announced that it has launched domestic operations in India, which means it will be taking on China’s Alibaba-backed Paytm , the country’s leading digital payments firm. According to a Reuters news report, the government of India’s push for cashless transactions is leading more people to use e-wallets and card payments. “India is transitioning away from our biggest competitor – cash – and our digital platform and technology has immense scope to enable this at scale,” said Anupam Pah
PYMNTS
NOVEMBER 10, 2017
Apple dominated the news this week, with the new iPhone X making headlines (and animoji karaoke taking Twitter by storm — although the actual, intended function of the Face ID technology leaves a bit to be desired). Amazon also had a big news week, with a company veteran taking the helm on its Prime Now, AmazonFresh and Whole Foods strategy and the introduction of its digital cash offering.
PYMNTS
NOVEMBER 7, 2017
Wells Fargo said Monday (Nov. 6) that it had forged agreements with two firms to help reconfigure the data exchange models that exist to share customer information with third-party services. As noted in a press release, Wells Fargo has partnered with PointServ and Expensify, which operate in the mortgage and business expense reporting spaces, respectively.
PYMNTS
NOVEMBER 8, 2017
Help yourself: Unattended retail just got more seamless and widespread with USA Technologies ’ acquisition of Cantaloupe Systems, Inc. The deal is expected to close by the end of this week, according to a press release from USA Technologies. The company put a total of $85 million into the deal: $65 million in cash and $20 million in stock. USA Technologies powers cashless and mobile payments in self-service retail settings – think Starbucks kiosks and Home Depot key-cutting machines, for example
Advertiser: Paycor
Great leadership development is the key to sustainable business growth. Are you ready to design an effective program? HR can use Paycor’s framework to: Set achievable goals. Align employee and company needs. Support different learning styles. Empower the next generation of leaders. Invest in your company’s future with a strong leadership development program.
PYMNTS
NOVEMBER 6, 2017
Mastercard announced news late last week that it named Jeanne Tisinger a senior advisor for cybersecurity. In a press release , the payments company said that in the role, Tisinger will contribute to the implementation and expansion of the company’s security strategy and public policy initiatives. Tisinger will also add to programs focused on enhancing current and future talent in these areas.
PYMNTS
NOVEMBER 9, 2017
Visa , the payments company, announced news on Wednesday (Nov. 8) of the introduction of three commercially available wearable payment devices for the Olympic Winter Games PyeongChang 2018. In a press release , Visa, the exclusive payment technology partner of the Olympic and Paralympic Games, debuted three wearable payment devices, including NFC-enabled payment gloves, commemorative stickers and Olympic pins.
PYMNTS
NOVEMBER 10, 2017
For any organization with an attitude of, “It can’t happen to me,” here’s a wakeup call: Corporate fraud is common and on the rise. Earlier this year, researchers at the Association for Financial Professionals found that instances of check fraud and Business Email Compromise scams increased between 2015 and 2017, with fraud originating both within and outside the enterprise.
PYMNTS
NOVEMBER 7, 2017
When it comes to employee spend management, innovations often circle around the business trip, tackling challenges like a lack of visibility and control over how employees spend corporate money while away from the office. It’s this environment that has given rise to the virtual card as one of the most promising payment technologies for corporates.
Speaker: Cheryl J. Muldrew-McMurtry
Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.
PYMNTS
NOVEMBER 9, 2017
In a world of evolving technology and instant offerings, financial institutions (FIs), cybersecurity providers, merchants and consumers must all remain aware of the innovative solutions popping up around them — and the bad actors looking to take advantage. Today in PYMNTS’ data, FIs are offering same-day credit transfers to businesses, Square’s loans have reached record highs, U.S. adults want easier access to registration systems for outdoor activities, more households than ever are turning to
PYMNTS
NOVEMBER 8, 2017
Friction abounds in the world of B2B payments, especially amid international payments across far-flung supply chains. Streamlining the flow of information sent along with funds remains critical, but doing business in different countries carries a set of procedural, administrative and security hurdles that demand new ways of interaction. To that end, SWIFT debuted its global payments innovation initiative (gpi) earlier this year, a solution which looks to boost the infrastructure underpinning the
PYMNTS
NOVEMBER 7, 2017
With the cybersecurity threat constantly looming and, in many instances, growing for corporations, a new report from Kaspersky Lab suggests businesses shouldn’t necessarily rely on their IT departments to safeguard their firms. That’s because many IT security professionals themselves are at a loss for how to protect the enterprise against targeted cyberattacks, researchers concluded in Kaspersky’s “ New Threats, New Mindset: Being Risk Ready in a World of Complex Attacks ,” released last week.
PYMNTS
NOVEMBER 7, 2017
U.K. suppliers could lose a lot of business from their EU corporate clients, according to a new survey by the Chartered Institute of Procurement & Supply (CIPS). As reported in The New York Times on Monday (Nov. 6), the CIPS survey found that 63 percent of non-British EU companies say they plan to remove at least part of their supply chains from the U.K.
Speaker: Frank Taliano
Documents are the backbone of enterprise operations, but they are also a common source of inefficiency. From buried insights to manual handoffs, document-based workflows can quietly stall decision-making and drain resources. For large, complex organizations, legacy systems and siloed processes create friction that AI is uniquely positioned to resolve.
PYMNTS
NOVEMBER 10, 2017
Two weeks before Black Friday, Walmart is already preparing and hoping to get shoppers thinking that way as well. In a Thursday (Nov. 9) announcement, Walmart released news that its U.S. stores would be rolling out color-code in-store sections for various types of goods during the Black Friday crush of shoppers, Reuters reported. The goal of the color-coded Black Friday initiative is to make it easier for customers to visually navigate the store and snap up deals as they become available.
PYMNTS
NOVEMBER 8, 2017
It seems AmazonFresh is past its expiration date in certain markets. In case you missed it: The eCommerce giant announced on Friday (Nov. 3) that it would be phasing out the grocery delivery service in parts of New Jersey, Pennsylvania, Delaware, Maryland, California, New York, Connecticut, Massachusetts and Virginia. More specifically, it’s phasing out service in suburban areas.
PYMNTS
NOVEMBER 8, 2017
After running a three-store pilot approximately one year ago, home improvement and appliance chain Lowe’s has announced news it will partner with software-powered electronics retailer b8ta to launch its “Smart Home powered by b8ta” connected-home shopping experience. The collaboration will be available in 70 Lowe’s storefronts nationwide. Envisioned as stores-within-stores, the Smart Home shop is intended as a destination shop for gadget-enthused customers looking for ways to smarten up t
PYMNTS
NOVEMBER 8, 2017
Ongoing struggles for toy retailer Toys R Us are peeling back the curtain on the risks of supply chain finance , some experts say. Tuesday (Nov. 7) reports in the Financial Times said the delicate balance of payments through the supply chain led to what Toys R Us called a “dangerous game of dominoes.” In September, the toy retailer’s plans for bankruptcy led suppliers to either stop shipping products to the company or demand cash on delivery.
Speaker: Claire Grosjean, Global Finance & Operations Executive
Finance teams are drowning in data—but is it actually helping them spend smarter? Without the right approach, excess spending, inefficiencies, and missed opportunities continue to drain profitability. While analytics offers powerful insights, financial intelligence requires more than just numbers—it takes the right blend of automation, strategy, and human expertise.
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