Sat.Mar 10, 2018 - Fri.Mar 16, 2018

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Amex Files Blockchain Faster Payment Patent

PYMNTS

American Express has reportedly filed a patent related to faster payments and blockchain technology, reports in CoinDesk said. The U.S. Patent and Trademark Office released the patent application filed by American Express Travel Related Services Company, the payment technology firm’s travel unit, which outlines the use of blockchain technology to accelerate payments between two parties.

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What Tax Reform Means for Family Offices

Katz,Sapper&Miller

The structure and dynamics of family offices are often as varied as families themselves. Because of that, the new tax law will impact each family office differently. While there are a number of new tax provisions that should be considered, the following is a summary of the ones that are most likely to impact you and your family.

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BofA On Using APIs To Boost B2B Payments

PYMNTS

If some is good, more is better. That seems to be the idea among banks both big and small when it comes to APIs , as several players from around the financial services industry recently increased their investment in APIs, rolling out new solutions aimed at making B2B payments more efficient. . But it isn’t all about efficiency. Several financial institutions are turning to APIs to provide their corporate clients with new products and services that deliver flexibility and put them in control. .

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How Analytics Can Help Fashion Brands And Retailers

PYMNTS

What does it take for a fashion brand to stay on top of the trends? A lot of market data. But not all brands excel at crawling the web for information relevant to their businesses. “A lot of brands are having a hard time keeping up with the pace of consumer changes,” StyleSage ’s Director of Marketing and Digital Strategy Elizabeth Shobert told PYMNTS in an interview.

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Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

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.

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Cascade To Power Crypto Card Loading

PYMNTS

This time last year, if a customer asked Cascade about cryptocurrency loading, the startup had to tell them, “We don’t do that.” Its partner banks weren’t supporting the feature, so neither could Cascade. But as more and more people started asking about it, Founder and CEO Spencer Schmerling began to recognize the big opportunity in front of him. That’s why Schmerling said the startup is now launching a crypto loading capability, among other new services and API enhancements.

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Retailers See A Future For Drones Beyond Delivery

PYMNTS

Ever since 2013, when Amazon CEO Jeff Bezos said the eCommerce giant was working on a 30-minute drone delivery program called Prime Air, people have been saying that delivery is the big retail use case for drone technology. Domino’s furthered the point by delivering a pizza by drone in 2016. Regulatory red tape has so far kept either delivery program from becoming a reality, but the technology was there and the value proposition was clear, as retail and logistics companies worldwide struggle to

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BillMo And Walmart Do Money For People Who Don’t Trust Banks

PYMNTS

Moving money across country lines is rarely easy or cheap, and that’s especially true in countries with large un- and under-banked populations, like Mexico. In a country where 60 percent of people choose not to bank due to a cultural mistrust of financial institutions, how can a payments app gain trust and bring value to those citizens by sending money cross-border for $0.99?

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Aggregating The Aggregators: How Ordermark Makes Digital Ordering Work For Restaurants

PYMNTS

Online ordering: the asset that’s a burden, the blessing that’s a curse, the “Can’t live with it, can’t live without it” of restaurant life. There’s a lot to be said both in favor of and against putting one’s menu online, and particularly on third-party aggregation platforms like Grubhub and Uber Eats. Except, not really — not according to Alex Canter, founder of Ordermark.

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Lyft Takes A Page From Netflix, Tests Monthly Subscriptions

PYMNTS

Ride-hailing company Lyft is reportedly testing the availability of monthly subscription plans for customers who use the service a lot. Citing comments Lyft Chief Executive Logan Green made at a press event this week, The Verge reported Lyft could take a page from Netflix and Spotify by bringing a subscription-based model to the transportation market.

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How ‘Mobile-Only’ Audiences Stack Up To ‘Multi-Platform’ Audiences

PYMNTS

While consumers are still using multiple platforms — such as desktop and mobile — “mobile-only” users are on the rise. In fact, “mobile-only” users surpassed 30 percent of users in almost half of the markets studied by comScore in 2017 for its “ Global Digital Future in Focus ” report. “Global digital landscapes continue to evolve in often surprising ways,” Will Hodgman, EVP of International Sales at comScore, said in a press release.

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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

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.

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Ripple Wants To Invest In Startups That Can Advance XRP

PYMNTS

Ripple , the blockchain payments company, is gearing up to invest in startups and technology firms that create more uses for its cryptocurrency XRP. In an interview with TechCrunch on the sidelines of Money2020, the payments conference currently being held in Singapore, Brad Garlinghouse, CEO of Ripple, said the company is focused on enabling banks to use its blockchain software offering, while also looking to invest in startups that could provide alternative uses for XRP.

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Small Business Employees, ‘Frenemies’ Threaten Cybersecurity

PYMNTS

Fraud experts warn it could be a business-shuttering mistake to assume an SMB is less susceptible to fraud than large enterprises. An estimated 86 percent of companies around the world experienced at least one cyberattack last year, according to Kroll research, as cited by Insurance Business last week. “The most devastating impacts of a data breach can only be avoided by both working to prevent a breach and by planning and preparing a response before an incident occurs,” Jerry Thompson, senior v

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Emerging Restaurant Delivery Services Take Hold In Small Cities

PYMNTS

Those hungry for takeout in many cities can choose from a variety of restaurant delivery services. But that’s not the case for some cities, such as Youngstown, Ohio. The on-demand economy hasn’t yet taken off in Youngstown, according to Grubdom Founder Jay White, who hopes to change that with a website and forthcoming mobile app that will allow local diners to order grub from local restaurants.

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To Improve Treasury Tech, Target The Developers

PYMNTS

The financial services industry’s sudden support for application programming interfaces (APIs) has people talking about the power of data sharing. Certainly regulations like PSD2 and the U.K.’s Open Banking initiative encourage API development and adoption, with industry players acknowledging the technology’s ability to efficiently comply with data sharing rules.

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Doing More With Less: The Modern Finance Miracle

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.

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Aussie Accountants Brace For Industry Disruption

PYMNTS

Australia’s Institute of Public Accountants (IPA) is urging its members to “future-proof” their businesses as the industry heads toward disruption. Reports in Money Management on Thursday (March 15) said the IPA’s Vice President, Sam Zervides, issued a statement encouraging accountants to collaborate and explore value-added services, particularly for small businesses (SMBs).

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Rollback Of Dodd-Frank Act Passes In Senate

PYMNTS

On Wednesday (March 14), the Senate passed legislation that would loosen the regulations placed on financial companies after the Great Recession, with the bill gaining bipartisan support. According to news from The Washington Post , the bill passed 67 to 31 and had the support of both Republicans and Democrats, despite contention within the Democrat party.

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Zara Plans To Bring Augmented Reality To Its Stores

PYMNTS

In an effort to attract millennials, Zara plans to integrate augmented reality into its stores this April. The retailer will bring the technology to 120 of its locations around the world, Reuters reported. With the technology, Zara will be able to show models wearing the latest fashions to customers when they put their mobile devices near a sensor within its brick-and-mortar stores or near certain shop windows.

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Payments Firm i2c Opens Op Center In Omaha

PYMNTS

Smart payments and integrated commerce firm i2c said Tuesday that it is opening an operations center in Omaha, Nebraska. That center will be operational during the second quarter of this year. The Omaha location will be used, the company said in a release Tuesday , to expand the account management, operations and client services divisions, and will also be the setting of a network operations center.

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8 Pillars of Leadership Development

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.

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Amazon Launches Debit Card In Mexico To Drive eCommerce Adoption

PYMNTS

Amazon, the leading eCommerce player, has made a push into the financial market in Mexico, rolling out a debit card this week for the first time ever. With Mexicans reluctant to shop online, Amazon is hoping to encourage more of it by providing a new way to purchase things. According to a report in Reuters, the debit card — called Amazon Rechargeable — is aimed at providing a new way to shop over the Internet.

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Not All Consumers Are Willing To Use Amazon Key

PYMNTS

While almost 64 percent of Americans trust Amazon , only about 31 percent are willing to use Amazon’s in-home delivery service, InsuranceQuotes.com reported. The willingness of Americans to use the service, which is known as Amazon Key, differs by factors such as gender. While 40 percent of men are willing to use the service, only about 24 percent of women are willing use it.

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The ‘Peril And Promise’ Of Blockchain

PYMNTS

“The important thing to remember here is this is a brand-new, very complicated space,” warned John Oliver on last weekend’s episode of “Last Week Tonight.” “Literally nobody knows how it’s going to develop, so you need to be careful.” Oliver was discussing cryptocurrencies and blockchain on his show, highlighting the massive potential the world of FinTech has touted for the last year or so.

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New Rules For Tech Giants Google, Apple In EU?

PYMNTS

New rules loom in the European Union for tech giants like Apple , Amazon and Google, Reuters reported. The European Commission is at work on a new proposal that aims to shape how online platforms — spanning eCommerce and mobile apps — rank search results. The draft regulation, as quoted by Reuters, targets what might be seen as harmful trading practices and states that “online intermediation services can hold superior bargaining power over their business users, enabling them to behave unilateral

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Protect What Matters: Rethinking Finance Ops In A Digital World

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.

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Today In Data: 55 Percent Of Consumers Shop For Groceries Both Online And Offline

PYMNTS

Today in PYMNTS data, Karen Webster discusses Amazon’s impact on consumers and grocery shopping as a whole. “The gulf between what consumers want and what grocery stores today deliver as consumers move regularly between the online and offline worlds is pretty big,” Webster noted. “On a scale of zero to 100, where zero is, well, zero, and 100 is a perfect score, grocery stores scored a pretty lousy 30, based on consumer responses and a statistical analysis of store features and functionality.”.

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Alibaba Partners With Qupital For SMB Financing

PYMNTS

Alibaba is enhancing its relationship with invoice financing company Qupital , reports in AsiaOne on Thursday (March 15) said. Their partnership means Alibaba small business sellers that are members of the platform’s Gold Supplier program will be linked to invoice financing via Qupital. The initiative follows Alibaba’s earlier investment in the alternative lender last May, marking Alibaba Entrepreneurs Fund’s first investment in a Hong Kong company.

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NEW DATA: Smart Tech Makes Street Parking Smarter

PYMNTS

When the parking meter made its grand debut in 1935, it allowed municipalities to collect money in exchange for vehicles to be parked for a set amount of time. Simultaneously, it created the inconveniences of forcing motorists to locate change wedged in between seats to feed the meter, while also keeping track of time to avoid a parking ticket. Thankfully, today’s parking kiosks have moved beyond coin-operated solutions to accept dollar bills, credit and debit cards, mobile wallet and mobile app

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LL Bean Backs Away From The Blockchain

PYMNTS

L.L. Bean had been testing a data collection project that was attempting to determine the viability of the blockchain ledger for attaching sensors to coats and boots. The tests were scheduled to begin earlier this year and involved asking consumers to wear garments that would send information back to the Ethereum blockchain platform, which would have given L.L.

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Automation, Evolved: Your New Playbook for Smarter Knowledge Work

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.

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Supply Chain, Linked and Billed Via Blockchain

PYMNTS

Even at its smoothest, supply chain management is never the easiest of endeavors. Transparency is key, but often is lacking – in part because of far-flung parties, which include both sides of a transaction (buyer and seller, of course) that may be operating across time zones, languages and currencies. Frequently, there are intermediaries involved with financing.

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Why Fluidity Is The Future Of Voice AI

PYMNTS

While often painted as hesitant to jump on board with the next big technological advance, banks of all sizes are more than ready to get going with voice-activated AI, says FIS Mobile SVP and group executive Doug Brown. “The demand we are seeing is overwhelming from our banking partners,” Brown told Karen Webster in a recent conversation. “Banks from the biggest player on Wall Street right on down to community banks are absolutely ready for this change and want to get in on the ground floor.

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What The $1B Kiosk Industry Can Do For Hotels And Restaurants

PYMNTS

Kiosks aren’t just for selling tickets or providing customers with another way to order a meal. They can personalize the guest experience too. “Our take on it is that we’re all different,” Bite CPO Steven Truong has said. “Our recognition and learning algorithm allows us to give each guest a different experience — and cater to their personal needs.”.

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Fraud Is Everywhere, So Emailage Must Be, Too

PYMNTS

Startup Emailage stopped almost twice as much potential fraud in 2017 as it did in the previous year. Content marketing manager Chad Koskie broke it down by the numbers: Against the backdrop of $180 billion in transactions running through the system, $1.8 million in potential fraud was prevented, compared to last year’s $1 billion. That’s according to Emailage’s email risk assessment results from 2017, which bring together data from across customers’ transactions from the startup’s entire networ

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Data Talks, CFOs Listen: Why Analytics Are Key To Better Spend Management

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.