PYMNTS

FEBRUARY 14, 2018

A good forecast is a notoriously difficult thing to write – particularly if one is trying to write it about the payments and commerce ecosystem. Had we told the world a year ago today that Amazon was going to buy Whole Foods, that Walmart Pay would surpass Apple Pay as a consistently favored mobile payment method, that CES would essentially become a showdown between Alexa and Google Assistant, that Uber would take a major valuation haircut in its next funding round, that bitcoin was going to be

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Retail Technology Maine Finance 79

Katz,Sapper&Miller

FEBRUARY 15, 2018

As 2017 came to a close, the trucking industry breathed a collective sigh of relief. After two challenging years, trends indicated a rebound in the industrial segment helping to improve production.

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PYMNTS

FEBRUARY 14, 2018

Western Union reported results Tuesday that showed continued momentum in its digital business, as consumer money transfers grew on a cross-border basis. The company posted 4 percent growth in the top line to $1.4 billion, which topped the Street by $40 million, while earnings of 41 cents a share missed the Street by four pennies. In remarks made on the earnings call , Hikmet Ersek, president and CEO of the company, said that the improvement in the top line came amid improved spend in the company

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PYMNTS

FEBRUARY 15, 2018

The conversation around B2B payments innovation and progress cannot be held without the banks. Sure, FinTechs are flocking to the industry to play their part in disruption, but traditional FIs have to be involved in addressing and solving the many, many points of friction that plague corporate payments today, from late invoice payments to clunky cross-border transactions.

B2B 65

B2B accounting and finance Finance Education 65

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PYMNTS

FEBRUARY 12, 2018

Transaction banking products provider Intellect Global Transaction Banking (iGTB) and cloud-based software solutions firm Pivotal are partnering to enhance corporate banking technology for businesses in the U.S. and U.K. The companies made an announcement Friday (Feb. 9) noting iGTB will lend its cash management platform, CBX 18, to Pivotal clients via its Pivotal Cloud Foundry cloud platforms.

Technology 63

Technology B2B 63

PYMNTS

FEBRUARY 14, 2018

Small and medium-sized businesses (SMBs) have a problem. While SMB owners may be expert bakers, carpenters or designers, managing the back office activities that keep the business on an even keel is typically not their forte. That’s especially true when it comes to getting paid for their work, a process that can drag between getting invoices out and getting payments in.

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Technology accounting software accounting system Account 59

PYMNTS

FEBRUARY 13, 2018

Oracle is rolling out new mobile apps deploying artificial intelligence (AI) targeted at chief financial officers (CFOs) and other corporate finance professionals. The company issued a press release on Tuesday (Feb. 13) announcing the launch of its new Oracle Adaptive Intelligent Applications for ERP (enterprise resource planning). The tools aim to enhance existing solutions in the enterprise via automation and can be applied to an array of processes, including procurement, financial management

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PYMNTS

FEBRUARY 12, 2018

In a world where we’re bombarded daily — even hourly — by data points on everything from stock prices and market cap to retail sales and consumer spending to cryptocurrency’s ups and downs to the impact of innovation on the future of payments, commerce and financial services, we’re all just flying blind when it comes to the things that really matter to businesses and consumers.

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Manufacturing Retail Pharmaceutical Sales 54

PYMNTS

FEBRUARY 16, 2018

FedEx said on Thursday (Feb. 15) that it has found no evidence that private customer data was “misappropriated” when it was made visible on an unsecured server earlier in February. According to news from Reuters, the server that was made visible contained more than 119,000 scanned documents from U.S. and international citizens, including passports, driver’s licenses and security identification.

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PYMNTS

FEBRUARY 14, 2018

eCommerce marketplace eBay will add new augmented reality (AR) features this year to make shopping on its site more engaging. As a result, the auction site is at work on a new AR kit, Fortune reported. With the kit, eBay could let shoppers see how something would look — like a set of new tires on a car — before bidding on or buying an item. It could also help sellers choose the right box size for an item by showing an image of a box over an item for sale.

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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, 2018

While there’s been much hype surrounding venture capitalists’ growing attention on B2B FinTech, this year has largely been lackluster for the industry. This week, however, B2B startups enjoyed a solid moment of funding, as familiar names like Tipalti were joined by newcomers like Zervant to address an array of business finance needs. We break down where $77.5 million landed this week (including the blockchain company that secured most of it) below.

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B2B accounts payable Accounts Payable Automation Technology 49

PYMNTS

FEBRUARY 14, 2018

Talking about personal finance is never easy. Talking about personal finance with voice-activated assistants might not be easy, either, unless access to and management of data – oh, and interaction between user and device, of course – are seamless. As anyone who has used an Alexa skill might know, the movement toward conversational finance, or financial conversations, is a tricky one, as specific instructions or questions (okay, they are commands, really) have traditionally been needed to spur t

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Finance accounting and finance Account accountant 49

PYMNTS

FEBRUARY 16, 2018

PepsiCo turned some heads with its quarterly earnings call announcement that it would take some of its tax reform windfall and reinvest it in improving the firm’s eCommerce efforts. According to PepsiCo CEO Indra K. Nooyi, that decision is entirely bottom line-driven – eCommerce was good for Pepsi last year. She told investors during the earnings call that Pepsi’s investment in “eCommerce across multiple channels, from e-grocery, to direct to consumer, to pure play, helped drive exception

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PYMNTS

FEBRUARY 14, 2018

An alternative lending conglomerate based in the U.K. just secured more than $97 million through an initial public offering. TruFin reportedly raised the funds via its float on the London Stock Exchange, according to BQ Live on Tuesday (Feb. 13). The firm is the holding company for an array of FinTech companies operating in supply chain finance, invoice finance and the dynamic discounting market.

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Finance Government Technology B2B 49

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

Technology

PYMNTS

FEBRUARY 12, 2018

As Amazon gears up to compete with rivals in Brazil, the eCommerce retailer is reportedly seeking to lease a 50,000-square-meter warehouse near São Paulo. The potential investment indicates that Amazon may soon distribute electronics and other goods sold on its Brazilian website, Reuters reported. Currently, third parties ship their own goods sold on Amazon’s marketplace in Brazil.

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Retail Tax E-commerce 49

PYMNTS

FEBRUARY 12, 2018

Supply chain managers are less than impressed with the current solutions in place for cost analysis. New research from the Association for Supply Chain Management (APICS) and the Institute of Management Accountants (IMA) finds these professionals are struggling to grasp the insight they need into how much their companies spend on goods and services.

accounting and finance 48

accounting and finance Finance CPA accounting system 48

PYMNTS

FEBRUARY 16, 2018

Driven by demand for the iPhone X, Apple captured 51 percent of the revenue in the world’s wholesale smartphone market. Sales of its iPhones topped more than $60 billion in the fourth quarter of 2017, which was approximately seven times higher than sales of Huawei’s smartphones , MacRumors reported. Apple’s global wholesale smartphone revenue reached $61.4 billion in the fourth quarter of 2017.

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Sales Manufacturing Retail Technology 47

PYMNTS

FEBRUARY 12, 2018

For nearly three decades, customers of McDonald’s have been able to buy burgers, fries and chance to play an in-house game of McDonald’s Monopoly. By collecting playing pieces earned through purchases, customers can get a tasty meal — and maybe win something along the way. But McDonald’s doesn’t rest on its laurels; it has to continually adapt the game to changing consumer tastes.

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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.

Technology

PYMNTS

FEBRUARY 16, 2018

WeChat Pay, the mobile payment arm of China’s WeChat, is running promotions to celebrate the Chinese Lunar New Year, also referred to as the Spring Festival. Mobile Payments Today reported that WeChat Pay will provide Chinese tourists with the chance to receive a red packet, which is a traditional monetary gift, when they shop at merchants that are participating in the promotion during the Spring Festival.

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PYMNTS

FEBRUARY 15, 2018

Think small, goes the saying, to effect big change. For community banks serving small- to mid-sized businesses (SMBs), training an eye on credit cards can translate into additional revenue streams and tap into an unmet need for those SMBs. There’s a lot of runway here. As noted in a whitepaper commissioned by ICBA Bancard and Visa, surveying more than 3,400 SMBs, A.T.

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PYMNTS

FEBRUARY 14, 2018

Today is Valentine’s Day, and although the hours grow short, there is still time to get the special someone a special something. We all know the classics, of course, flowers, chocolates and jewelry tend to make up the love trifecta on our national annual celebration of love, with stuffed animals and lingerie getting the annual honorable mention.

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PYMNTS

FEBRUARY 12, 2018

Ending poverty, fighting cancer, and bringing women into tech fields: all in a day’s work, along with simpler pleasures like reading a book with one’s child each night or adopting a pet from a shelter. These are the sorts of everyday extraordinary experiences Mastercard says it wants to promote with its “Start Something Priceless” campaign — a campaign which launched Jan. 18 and which last week extended its reach into Pebble Beach Resorts as Mastercard was announced as the resorts’ Official Paym

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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.

Technology

PYMNTS

FEBRUARY 15, 2018

One of the newest technologies in FinTech is coming to one of the oldest American outdoor gear brands. Now arriving at L.L. Bean ? The blockchain. Through a pilot this year, the retailer plans to design coats and boots with sensors which will interface with an ethereum-based platform. A New York company, Loomia , will make the circuits for the items — and hardware that utilizes near-field communication (NFC) technology to collect data.

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PYMNTS

FEBRUARY 16, 2018

If decentralization is everything in blockchain, what does that mean beyond just the transaction — for the actual sharing of data, of things of value, of content itself? One company, Viewly, based in Slovenia, seeks to bring a token and blockchain-based model to the video content realm, leveraging a patronage model to bring together creators and their audience, however niche (and nascent) they might be.

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E-commerce Education Technology 46

PYMNTS

FEBRUARY 12, 2018

ANZ, one of Australia’s largest banks, is set to doll out nearly $8 billion in refunds to small business customers using the FI’s commercial card products. Reports in Dynamic Business on Friday (Feb. 9) said the refunds will be paid out across 52,000 credit card accounts held by business customers as a result of failure to disclose fees and interest charges.

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PYMNTS

FEBRUARY 12, 2018

WeTravel launched in 2016 as a payment platform to help enterprising travelers and small travel companies collect money when they organize their own travel itineraries for friends or other groups. Now, the company is expanding with fresh seed funding. According to TechCrunch reports from Friday (Feb. 9), WeTravel closed a $2 million seed funding round from The House Fund and former TubeMogul chief executive Brett Wilson; 500 Startups, Amino Capital and the First Round Capital Dorm Room Fund, as

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B2B 46

Advertiser: Paycor

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PYMNTS

FEBRUARY 16, 2018

Uber is reportedly gearing up to sell its ridesharing business in Southeast Asia to Singapore-based Grab. In return, Uber would obtain a substantial stake in Grab, sources close to the potential deal told CNBC. Still, Uber and Grab have not reached a deal as of the writing of this article. And it is not clear when, or if, the companies might do so. But, if the deal goes through, it would be in line with Uber’s previous moves.

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PYMNTS

FEBRUARY 14, 2018

SAP is rolling out a new solution to help companies detect fraudulent transactions and mitigate risk. The cloud company said Tuesday (Feb. 13) that its SAP Business Integrity Screening application is now available to address financial risk within business transactions. The solution analyzes data to detect any anomalies in payments and to predict potential future fraud and compliance risks.

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Finance B2B 45

PYMNTS

FEBRUARY 14, 2018

Thanks in part to a rising number of mortgage loans, the debt levels of Americans increased during the last three months of 2017. Reuters, citing the Federal Reserve Bank of New York, reported that household debt for the U.S. hit $13.15 trillion in the fourth quarter ending in December, which is a $193 billion increase from the third quarter. On a year-over-year basis, the household debt of Americans was $402 billion higher than the fourth quarter of 2016.

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Real Estate New York Maine 44

PYMNTS

FEBRUARY 12, 2018

Following an announcement from an Italian cryptocurrency exchange that $200 million worth of virtual currency was stolen from its servers, investors and developers are taking in the news with skepticism, RT stated. BitGrail reported that 17 million Nano coins have been stolen through unauthorized transfers. With a value of above $11 a token, the stolen amount would be worth around $200 million.

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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.

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