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National treasure Kim Kardashian has taught us all a series of invaluable lessons over the years: how to break the internet, that there is no such thing as too much eyeliner and that, if you are on the phone with Taylor Swift, the smart money is on hitting the record button. But of all the lessons we have learned from Kim — and later, Kimye — the most crucial, deepest and most fundamental is that, if one can get themselves behind the velvet rope, one should do so because life in the VIP suite is
Patrick Tamm, president and CEO of the Indiana Restaurant & Lodging Association, joins us to discuss the upcoming changes to minimum wage and overtime legislation and what that will mean for the hospitality industry.
Is closing on Thanksgiving day becoming the new being open on Thanksgiving day? This week, Mall of America, the nation’s largest shopping mall, announced it was bucking the recent trend of opening stores to shoppers on Thanksgiving. Instead, Mall of America said it would close on Thanksgiving so its 14,000 or so employees could have the day off to spend time with their family, although the Minneapolis Star Tribune reported that the more than 520 stores inside Mall of America will have the option
Payments take the football field, but consumers call the plays. That’s how Dan Charron , EVP and Head of Global Business Solutions for First Data , sees it and how he describes the latest rollout of its commerce technology solution at CenturyLink Field Event Center and CenturyLink Field, home of the Seattle Seahawks , aimed at taking the fan experience to the next level.
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.
Canadian startup Ask The Doctor announced Ask The Doctor To Start Accepting Bitcoin As Payment on Wednesday (Oct. 12) it is now accepting bitcoin as a new way to further help protect its patients’ privacy. In a press release , the company said that users can choose to pay for advice from a physician by bitcoin on Ask The Doctor’s desktop platform.
Versatility is an attribute that many value — that kind of all-around utility player who can substitute for a key player or employee in a pinch. That’s also the skill set of the “Arch Fraudster,” which makes them efficient as a fraudster and a dangerous nemesis to the online retailer. In the most recent installment of the Meet The Fraudsters series, Gilit Saporta , senior fraud analyst at Forter , sheds light on this somewhat mysterious but dangerous fraudster profile.
When expense management firm Emburse launched only a year ago, the company entered the market with a commercial card service, issuing virtual and physical prepaid debit cards for specific purchases in an effort to help companies more closely manage employee spend. But as the company has grown, so have its clients, said Cofounder Roger Gu in a recent interview with PYMNTS.
When expense management firm Emburse launched only a year ago, the company entered the market with a commercial card service, issuing virtual and physical prepaid debit cards for specific purchases in an effort to help companies more closely manage employee spend. But as the company has grown, so have its clients, said Cofounder Roger Gu in a recent interview with PYMNTS.
Blockchain startup loyyal is participating in the historic Dubai Future Accelerators program, backed by a $275 million fund. The announcement from the startup, which focuses on global loyalty and rewards, comes after it paired up with His Highness Sheikh Mohammed bin Rashid Al Maktoum, VP and prime minister of the UAE and ruler of Dubai, and His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the crown prince of Dubai and the chairman of the Dubai Future Foundation. “As we comme
When it comes to ad spend these days, programmatic advertising — using software and algorithms to purchase data-based and highly targeted digital ads automatically — is the new king. In 2016 alone, programmatic advertising will account for 73 percent of all digital display ad budgets. That’s a total of $25.23 billion in ad spending this year, according to eMarketer.
While mint chocolate chip ice-cream might be the way to a foodie’s heart, MintChip digital currency is not the way to a millennial’s mobile wallet, apparently — at least not in Liberty Village, Toronto. NanoPay is finding that for mobile payments to take off, even among early adopters, using a phone to pay must be much more rewarding and convenient than tapping a card.
In news that will likely come as a surprise to no one given the never-ending proliferation of cyber-attacks over the last decade or so, hackers have found a new and exciting way to turn DVRs, satellite antennas and networking devices against their owners. Apparently all such devices offer an excellent place to do mass tests of stolen login credentials, according to research from Akamai Technologies Inc.
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.
Only in the tech space do we see an unending list of prize challenges hoping to prove that bettering the future can come quicker if we drill down and compete. And the carrot in the competition is no chump change. From hackathons promoted by Worldpay with £5,000 at stake , to PayPal’s annual developer challenge holding a prize worth $150,000 , to Amazon’s $2.5 million prize focused on artificial intelligence enhancements , there is much to compete for and what seems to be an unlimited amount
Milan, Italy was the host of a formal bitcoin conference to address scaling and a protest conference that addressed, well, everything that the formal conference didn’t. Scaling of bitcoin is a thorny issue and one that caused some dissension at the Scaling Bitcoin conference that took place on October 8 and 9. Emin Gün Sirer from Cornell made a pertinent statement on the final day of the Scaling Bitcoin conference: “We were all busy arguing about the block size, but everything else is cruc
Artificial intelligence (AI) is becoming more and more prevalent in almost every facet of people’s day-to-day lives, from its ability to defeat world-class chess players to its implementation into self-driving cars. AI is hot, flashy, buzzworthy and is the future of many industries and applications, but many consumers don’t realize the subtle way it is already influencing and shaping the world of retail.
Though South Korea’s startup ecosystem is relatively new — its first accelerator was launched just three years ago — the culture is evolving quickly. With a big government backing, bold entrepreneurial spirit and increasing FinTech interest, the country’s tech scene is quickly becoming a global force to be reckoned with. In this edition of PYMNTS’ Weekly Tech Center Roundup , we head to South Korea to see what’s driving the growth of its startup scene, and why investors around the globe are taki
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.
[link]. On Sept. 23, the industry welcomed the rollout of ubiquitous faster payments to every consumer and business in the U.S. via all banks and credit unions. NACHA’s launch of Same Day ACH ushered in three settlement windows, enabling ACH payments to be received same day. In the previous episode of NACHA’s Countdown to Same Day ACH podcast series, NACHA President and CEO Jan Estep identified the overlaps, complements and implications of all the initiatives under the faster payments umbrella —
Singapore’s DBS Bank is doing away with physical tokens for some corporate payments. Reports on Wednesday (Oct. 12) said DBS is nixing the need for physical tokens through its IDEAL Mobile payment solution, offered to corporates and small businesses by turning the mobile device into the token. The app makes DBS the first Asian bank to offer an integrated corporate payment solution on a single mobile platform, the financial institution said. “As a bank that is shaping the future of ba
Canadian small business lender FundThrough scored an impressive funding round with investors, reports said on Monday (Oct. 10). The company raised $18.6 million from Scale Up Ventures, according to reports, and the funds will be used to help FundThrough expand its SME client base. The company provides financing to firms as they wait for their invoices to get paid by their own corporate clients.
Regulation and compliance can be a tough space for many to wrap their heads around. As technology advances, the threat to digital security and identity protection becomes greater, forcing regulations to quickly adapt. But in a space that’s constantly changing, how can anyone really keep up? It starts by knowing the basics and breaking down many of the common terms and acronyms being thrown around today.
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.
Alternative lending platforms integrating with providers of other financial services has become a new norm. Just look at SAP Ariba , which integrated PrimeRevenue’s supply chain financing into its spend management platform, or Reckon , a small business accounting platform that recently rolled out an SME lending feature thanks to Prospa. The list is long, but cloud accounting solutions are some of the most common targets for an alternative lending integration.
Predictive marketing — using information from customer data, like purchase history, to determine a pattern and predict future outcomes — was once only available to the largest retailers. But now, thanks to new technology and industry innovation, predictive marketing is becoming more and more available to businesses of any size, which is why Windsor Circle recently compiled a survey of 256 small, medium and large-sized retailers to see exactly how they are using predictive marketing to currently
Alibaba warns that Chinese eCommerce operators could face “tremendous challenges” as it aims to transform the country’s traditional retail industry, worth an estimated $4.5 trillion. According to Internet Retailer , Alibaba CEO Daniel Zhang said his company hopes to “upgrade” traditional retailers in China through improvements to distribution, service and product manufacturing, he wrote in a letter to shareholders this week.
For years, accounts payable has had a reputation for being slow, manual and inefficient. New research from Tipalti says — yup — the situation hasn’t improved much. A report released by the B2B payments company this month, conducted by TechValidate Market Research, found that the majority of companies are still depending on manual processes in their accounts payable routines.
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.
Some people celebrate when their car’s odometer passes a milestone like 100,000 miles. But what if your odometer just topped 2 million miles? That’s the milestone that Google’s self-driving car program is celebrating, according to a report in the Wall Street Journal. The company had nearly 60 autonomous automobiles on the road across four states over the summer, according to reports, as the internet giants looked to perfect the technology in order to prepare it for consumers.
Long ago, a cartoon ran in The New Yorker showing a canine seated at a desktop computer. “On the internet,” ran the caption, “nobody knows you’re a dog.”. The same premise holds true today and poses a knotty question in online commerce and FinTech: How do you know the person on the other end of a transaction is really who they say they are? And even if you do confirm their identity, how do you know that person can be trusted?
Increased globalization has presented a growing number of opportunities for businesses to expand their exposure to international markets. More than ever before, international commerce has been brought within reach of smaller businesses, and they are more than ready for the opportunity. But with this move comes significant challenges. Though cross-border trade is a desirable opportunity, it requires businesses to face currency exchange risks and complexities in dealing with different banking syst
Business information technology firm Wipro is stepping into the world of treasury management with an eye on data analytics. The India- and U.S.-based firm announced on Thursday (Oct. 13) that it is rolling out its Treasury DNA platform , which stands for Decisions and Analytics, to provide a cloud-based analytics solution for corporate treasurers. The platform is powered by BELLIN technology.
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.
Remember the first arcade game you ever played? Perhaps it was “Pac-Man,” “Frogger” or “Space Invaders.” “The first game I ever played was Missile Command, and even now, when I put my hand on that oversized track ball, I’m 10 years old again, just for a minute,” said Seth Peterson, a former stock broker, now co-founder and CEO of All You Can Arcade, based in the San Francisco Bay area.
Comments made by Kansas City Federal Reserve President Esther George at a conference today [October 12] will do nothing to instill confidence among an already hesitant public with the fight against cyber criminals and in digital payments networks. George did not address the U.S. economy but did state that cybersecurity threats are on the rise in payments networks in the U.S, according to Fortune.
[link]. Necessity is the mother of invention, and when it comes to retailers, necessity also spawns omnichannel evolution. The PYMNTS Q3 OmniReadi Index, done in collaboration with Vantiv, is one built on 800 disparate data points, with the big picture trends capturing the way people shop across brick-and-mortar and mobile devices. The key, as Karen Webster noted in the Data Drivers series, is the ability to accommodate the consumer wherever he or she might shop.
Another day, another cyberthreat on SWIFT. The global interbank messaging system, which is used to move trillions of dollars each day and has quickly become a prime target of hackers, experienced yet another attack by a hacking group. In this week’s Hacker Tracker , we explore why hackers continue to have their eyes fixed on SWIFT and what other organizations are also working to fight off their malicious advances.
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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