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Is there an alternative, profound French phrase or two that can describe what investors have seen this week with bitcoin? Because “déjà vu” no longer seems to cut it. Bitcoin is quickly headed toward fresh three-year highs after jumping up over $100 in value since last week’s tracker. After breaking through the $1,000 mark (again) at the beginning of February, bitcoin decided to stick around.
Terry O’Neil, partner-in-charge of Katz, Sapper & Miller’s Veterinary Services Group, will speak at the American Animal Hospital Association's (AAHA) annual conference.
Any industry dealing with sensitive information is subject to potential breaches. With practically every industry in the world having finance intertwined in it for survival, financial records may be one of the most vulnerable areas for virtual break-ins. As such, there will likely always be some form of a well-manicured security system in place. Blockchain technology keeps a high level of detail in its records of all financial transactions made.
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.
American Express is readying the launch of a corporate payments platform in India, reports said Thursday (Feb. 23). Amex will launch the Buyer Initiated Payment platform in India this week, a move that aims to help businesses pay their suppliers on time while still extending their capital float, according to reports. The platform is also a response to India’s recent demonetization and subsequent increase in demand for electronic payment solutions. “This will not only ensure complete
As hackers continue to advance their malicious tactics, it’s no surprise that increasingly sophisticated cyberattacks and fraud are costing business big time. In this week’s Hacker Tracker , Simon Ragona III, director of data forensics at T&M Protection Resources , joined PYMNTS to discuss if tapping international law can actually help to keep cybercriminals at bay.
Virtual reality (VR) and augmented reality (AR) are two of the latest buzz phrases making headlines and gaining interest in a variety of industries. Though the technologies still haven’t reached a level of mainstream usage or acceptance, that hasn’t slowed down the number of companies and sectors looking to utilize VR/AR to transform customer experiences.
Virtual reality (VR) and augmented reality (AR) are two of the latest buzz phrases making headlines and gaining interest in a variety of industries. Though the technologies still haven’t reached a level of mainstream usage or acceptance, that hasn’t slowed down the number of companies and sectors looking to utilize VR/AR to transform customer experiences.
Reuters reports that the nation’s securities watchdog is in the midst of mulling a “shortcut” that would offer some of the biggest tech firms in China a way to bring their shares public in a fast-tracked manner. In other words, they’d get to list sooner rather than later. And if they get sped to market, so to speak, they’d leap ahead of what the newswire termed “a long list of applicants” already in the offing for listing via exchanges, a heady number that tops 700.
As the European Banking Authority (EBA) prepares for the Revised Payments Systems Directive ( PSD2 ) to come into effect next year, it has reportedly changed its tune on one aspect of the rules that led to widespread criticism among online merchants. Reports Tuesday (Feb. 21) said the EBA has agreed to relax proposed rules that would require more stringent customer authentication measures for online sellers after industry players raised concerns that the rules would lead to abandoned checkouts a
The biggest retailer in the world showed some things a bit surprising Tuesday (Feb. 21). Speed. And agility. As in, the company is gaining traction in its bid to be a bit nimbler, a bit more digital and a bit more alluring to shoppers even in its brick-and-mortar locations. One quarter’s results do not a trend make, but earnings were better than expected at $1.30, a penny ahead of The Street, and revenues were just shy of expectations, at $130.9 million versus the $131 million that had been proj
While buying someone a present is a nice gesture, more people today are looking for experiences over physical gifts to celebrate their birthdays or anniversaries. As such, this has brought on people taking more trips around the world. In combination with new experiences and the instantaneous gratification of smart devices, there is one company that’s taking these concepts to new heights.
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.
Artificial intelligence (AI) is becoming increasingly important for eCommerce companies, according to new data from ViSenze. AI technology startup ViSenze creates digital image search solutions built on deep learning and computer vision capabilities. Founded in Singapore in 2012, the company’s solutions are used today by major digital retailers such as Rakuten and ASOS to simplify product searching for some 250 million daily active users.
This week’s voice-activated tracker is all about the banks, baby. In recent weeks, a number of financial institutions and FinTech providers have begun testing, introducing or adding upgrades to voice navigation functionalities for their banking customers. As these accuracy stats for language process and voice recognition continue to climb, expect that more banks will follow this industry trend — especially given that banking customers vie for faster, more convenient modes of navigating digital b
There is some concern that widespread financial regulations like Basel III may lead economies to lose sight of FinTech innovation and overall economic growth. Corporates in particular are struggling with some of these financial reforms, according to research from the U.S. Chamber of Commerce released last year. Nearly 80 percent of businesses surveyed in that report said they have taken some type of measure to make up for the cost of compliance, with Basel III cited as having the greatest negati
When a company is hit with a data breach that leads to the leak of consumer information, the event will make headlines. Not so much, however, when a breach results in the compromise of sensitive corporate data, like information on M&A plans or intellectual property. But according to a new report from KPMG and Forbes Insights, about a third of all data breaches result in the leak of corporate data. “Such attacks can be very impactful on the ability to execute business strategy,” e
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.
While Nigeria has its fair share of financial issues, luxury rules supreme in the city of Lagos, a place where the rich and famous live, work and spend massive amounts of money on designer goods. There are even rumors that a Nobu will be opening at some point. As an article by Forbes detailed, when Nigeria’s wealthy want to spend, they often turn to the services of Polo Luxury.
Amazon Prime members in Las Vegas will now be able to have food delivered in one hour or less from some of the city’s most popular eateries through the Amazon or Prime Now mobile apps or by visiting www.amazon.com/restaurants. The company announced yesterday that it will now allow its Prime members in Las Vegas to order from participating restaurants, browse menus, track the status of their delivery and watch as their delivery driver travels from the restaurant to their address in real time.
Top enterprise technology companies have banned together to promote the digitization of Canadian businesses. Firms, including SAP, Amazon Web Services and Deloitte, have launched DXagents , an accelerator program that pushes businesses to embrace technology to become more globally competitive. Other members of the effort include Intel, CIO Association of Canada and others, and the partnership agreement will last for one year.
For innovators and payments professionals, the good news about the world is also identical to the bad news: It is a constantly changing environment. But globalization has its discontents — Brexit, a change in the U.S. political administration, the uncertainties surrounding China and, more recently, Russia, to name but a few. This makes the issues surrounding the secure movement of money across borders more complicated — some say more daunting, maybe even more expensive — but a massive opportunit
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.
For Fiserv, a focus on financial services innovation means a focus on the end-user experience. As a company that works primarily with other financial institutions to offer solutions for their own customers, both consumer and corporate, Fiserv has a wide reach in the FinServ space. Last year, the company won not one but two awards at the PYMNTS Innovation Project 2016 Awards, nabbing Gold for Best Check Innovation and Gold for Best Debit Innovation.
As they say in the pizza business, when it rains, it pies. Every time it rains in San Francisco, Papa John’s has a problem. Pizza orders skyrocket, but there just isn’t enough staff to deliver the pizzas. And hiring staff is costly and time-consuming. Meanwhile, customers await deliveries… Papa John’s solution? Hire gig workers. And Papa John’s isn’t alone.
If you’ve ever watched a sci-fi movie set in the future, then you may know that pop culture has long fantasized of an automated future. . As it turns out, fiction is rapidly becoming reality (depending on which film or show you’re basing it on). According to recent research, 50 percent of the world’s current jobs could be automated within the next 40 years.
Faster is better when it comes to payments — but only if with speed comes surety. For financial institutions and merchants, validating transactions in real time can be a boon, eliminating returns or declined transactions. In last year’s NACHA Challenge Awards , a team competition that fosters payments innovation, Royal Credit Union earned the Audience Choice Award by proposing an API that lets companies validate consumer accounts in real time.
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.
When we think of royalties, we think of Beyoncé and piles of cash accumulating in bank accounts as the latest hot single racks up airplay and downloads. But the reality is different. If music is an ancient pursuit, the pursuit of royalty checks follows close behind. And the latter pursuit is, indeed, marked by archaic paper-chasing. Late last year, Hyperwallet announced a partnership with USA Media Rights, a music and media rights company, with the hope of improving the process of delivering roy
Worries over security concerns have prevented digital payments from taking off in Japan, but that is starting to change with Japanese smartphone owners indicating interest in mobile payments. According to a report , a survey of smartphone users in Japan conducted in October by Hakuhodo, a Japanese advertising firm, revealed that greater than 31 percent of respondents wanted to consolidate their different payment functions on their mobile devices.
With the payments-powered platform space constantly evolving as new technology and customer demands impact the market, providers are finding strength in numbers and forging new partnerships and relationships in order to offer the most complete solution possible. Recently, BluePay and Datacap debuted a new partnership that will certify BluePay devices for U.S.
The way FinTech adoption goes, it’s usually the consumers who first jump onto a new technology, and corporate users typically follow later. Mike Carter, chief marketing officer for D3 Banking , doesn’t expect that pattern to be disrupted when it comes to the adoption of voice recognition technology, like Amazon’s Alexa personal assistant.
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.
As online shoppers grow to expect, if not require, quick and easy shipping of their purchases, logistics companies have been making investments to keep up with increasing demand. United Parcel Service (UPS) announced recently, for one, that it will begin to make ground deliveries on Saturdays starting in April, said The Wall Street Journal. The delivery company already makes some express and air package deliveries on Saturdays.
Financial inclusion is among the worthiest of goals when it comes to economics, finance and payments. But making the leap from hope to reality means hurdles must be cleared with deliberation and attention to detail. In a wide-ranging conversation between PYMNTS’ Karen Webster and MoneyGram EVP Grant Lines, who’s responsible for regions as diverse as Africa, Russia and Asia-Pacific, among others, both noted that gains in financial inclusion have been broad and deep, and more progress must be fort
What a difference a week makes. Where the Investment Tracker logged anemic activity barely above the triple-digit level two weeks ago, in this past week PYMNTS saw a relatively staggering volume of fund flows. In the billions of dollars. Think several billions of dollars and, in fact, $4.4 billion in total. Now, to be fair, a big chunk of that action, as much as $3.3 billion, was tied to a single deal, as SoftBank spent that amount to acquire Fortress Investment Group.
Dealing with an unruly family pet is never a fun activity. The pet doesn’t understand what is being said most of the time, and the owner can’t exactly interpret what the barks or meows may mean. Now, bump that up a notch and bring in the times where the pet is sick. Getting the family dog or cat into the car and through traffic to get to the veterinarian’s office can be downright painful.
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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