PYMNTS
MAY 24, 2016
It’s no secret that, as fraudsters continue to evolve and increase the sophistication of their tactics, the fraud prevention landscape must do the same in order to stay one step ahead. In an effort to show some recognition to the “good guys” out there and the innovative efforts being made to disrupt their respective marketplaces, Gartner has identified the recipients of this year’s “Cool Vendor” recognitions.
Katz,Sapper&Miller
MAY 27, 2016
Katz, Sapper & Miller’s Brian Schmidt and Rosanne Ammirati will serve as panelists at Faegre Baker Daniels' 2016 M&A Conference. Taking place June 9 at the JW Marriott in downtown Indianapolis, the conference provides dealmakers the opportunity to learn about the latest industry trends, discuss complex mergers and acquisitions (M&A) topics and network with others in the local M&A community.
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PYMNTS
MAY 26, 2016
When looking for evidence as to why in-store mobile payments haven’t taken off (a hot topic in Karen Webster’s column this week), there are a number of factors to consider but only one real guiding principle: certainty. Consumers need to know that they can use that method of payment where they like to shop and that it will work the same way each and every time.
PYMNTS
MAY 26, 2016
The latest stats released by MasterCard give more optimism about the U.S. EMV adoption rate by merchants and issuers. And for today’s Daily Data Dive 5-in-1, PYMNTS has broken those stats down: 1.2 Million | The number of chip-active merchant locations as of April 30, 2016. 121 | The percentage increase in EMV-enabled merchant locations since the Oct. 1 deadline. 67 | The percentage of U.S.
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PYMNTS
MAY 25, 2016
If you think of the rise of corporate America over the last century, the function of the accounts payable department probably doesn’t come to mind as one of the main players. But something has happened over the last few years, according to Coupa VP of Strategy and Product Marketing Donna Wilczek: Technology has enabled AP professionals to become strategic and massively important to the success of any corporation, large or small.
PYMNTS
MAY 27, 2016
The digital banking industry is heating up — and fast. That’s why, in the May edition of the PYMNTS Digital Banking Tracker™ , we’ve profiled 58 players from the FinTech and consumer banking space, including 10 additions to the Tracker: CashControl, CSI, Finex Banking Solutions, HelloWallet, Innofis, Kony, Money Lover, SilverWiz, The One Place Capital Limited and Q2 Software, Inc.
Accountant Advocate brings together the best content for small business accounting professionals from the widest variety of industry thought leaders.
PYMNTS
MAY 24, 2016
We don’t have to look far to see the ways in which cartoons and comics of the past – with their futuristic tools and services – are influencing the advancing technologies we see hitting the market today. Though we may not have reached the threshold of flying cars and warp drives just yet, robotics are quickly starting to change the ways in which humans approach many different aspects of our everyday lives.
PYMNTS
MAY 24, 2016
Chief financial officers have a lot on their plate — from ensuring an entire company is financially viable to managing activities that make that company not only efficient but also profitable. A day in the life of the CFO in 2016 looks drastically different from just five or 10 years ago. With a significant shift away from manual processes and the onset of new technologies, a CFO’s responsibilities have broadened to encompass more than simply managing the P&L.
PYMNTS
MAY 25, 2016
Bringing Wearables To The POS Frontline. What if merchants could wear the POS? No joke. Merchants have seen the benefits of “line busting” solutions that put mPOS tablets in the hands of a sales associate or employee. But in the May edition of the Developer Tracker, powered by Vantiv, Jeremy Feldman, CEO of stealth startup LibriSpark , shared his vision for how merchants can now take this to the very next level: making POS not only mobile, but wearable.
PYMNTS
MAY 27, 2016
Big data, big data, big data. We all know the term, understand its significance and have seen plenty of examples across the industry of how businesses are utilizing massive amounts of data (and the applied analytics needed to make sense of it all) as a competitive edge in the market. But what if the way companies are going about big data and analytics is all wrong?
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
MAY 25, 2016
Revel Systems wants to lessen the gap between a purchase and its appearance on a corporate expense sheet and has inked a partnership to do so. An announcement on Tuesday (May 24) said Revel is working with Expensify to connect its mobile point-of-sale solution into Expensify’s expense report creation and management tool. The move marks the first-ever POS company to integrate with Expensify, Revel said.
PYMNTS
MAY 25, 2016
Radial , an omnichannel and fraud solutions provider, is promising to take away merchant woes with a suite of solutions, which it says improves order conversion rates and helps eliminate fraud. “According to Forrester’s eCommerce Forecast 2014–2019 , eCommerce sales are expected to jump to $480 billion by 2019, and mobile purchases are expected to grow to $142 billion this year,” said Stefan Weitz, chief product and strategy officer at Radial.
PYMNTS
MAY 24, 2016
CVS Pharmacy has finally heard the many pleas of its customers who took to Twitter after Jimmy Kimmel called out the drugstore chain for its unwieldy receipts. In a surprise appearance on ABC Network’s “Jimmy Kimmel Live!” CVS President Helena Foulkes announced the launch of digital receipts , which the company says would soon let the members of its ExtraCare Rewards program collect receipts in their email.
PYMNTS
MAY 23, 2016
Consumer lending platform Avant is giving pink slips to 60 employees, or about 7 percent of its workforce. The news came late last week amid what Crain’s Chicago Business said is “an abrupt negative turn in investor sentiment toward consumer lenders of all stripes.”. The downturn is leading the online lender to walk away from previously held plans to expand beyond consumer loans to credit cards and also refinancing of auto loans.
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
PYMNTS
MAY 23, 2016
While most Americans were probably ready to focus on a news event other than the presidential election, the tragic events of the EgyptAir crash were certainly not the way anyone wanted to get there. And it is with sadness that PYMNTS notes the international aviation tragedy, and our thoughts go out to the victims and their families. Back stateside, it was another blockbuster week and just in time for the summer blockbuster season.
PYMNTS
MAY 27, 2016
You want to know what really sizzled this week? The weather in Boston – and it’s about darn time. We’ve even stopped complaining now that we skipped spring altogether and went right into summer – the sun is shining and everyone is smiling. The forecast for the long holiday weekend looks outstanding, too, which just adds more sizzle to our step. As for payments, here are this week’s picks and pans.
PYMNTS
MAY 24, 2016
To attend this live digital discussion on Wednesday, June 15, 2016 at 1:00 PM (EST), please complete the registration form shown below. [contact-form-7]. Live Discussion Overview: . The ubiquity of new technology has reset customer expectations, creating a new standard for speed of service and user experience. Thanks to Netflix, which was quick to adopt this new technology, customers expect an intuitive user interface and around-the-clock availability with zero tolerance for errors.
PYMNTS
MAY 25, 2016
Imitation might be the sincerest form of flattery, but in retail, sometimes, it’s the only way to survive. However, when a company like Amazon holds the reins on so many factors across the landscape, what it does, more often than not, becomes the modus operandi of any merchant trying to strike it big. But Amazon’s latest announcements might be a bridge too far for even the most intrepid retailers.
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PYMNTS
MAY 23, 2016
Talk about an eye-opener. Nearly nine out of 10 (86 percent) SMBs recently expressed concern about data security for their business, and more than two-thirds (67 percent) said they don’t have a great understanding of what data security means for their business. It’s then not all that surprising that more than half of those surveyed (60 percent) said they don’t use fraud prevention tools.
PYMNTS
MAY 27, 2016
Twitter is seeing some important changes to its day-to-day resources. BuzzFeed reported on Wednesday (May 25) that the social media giant has seen several of its two dozen commerce team professionals leave the company, and now, the remaining staffers are spread between two teams, focused on dynamic product ads and customer service, with the eventuality that the latter might have a commerce function via buy buttons.
PYMNTS
MAY 23, 2016
Though botnets may make life more convenient, a security firm says that roughly 40 percent of them are actually malicious, VentureBeat reported late last week. According to Distil Networks, for every cool, new bot — designed to help make shopping, weather, travel and even real estate easier — there are bad bots being created that post a serious security threat to consumers.
PYMNTS
MAY 24, 2016
Ride-hailing service Lyft announced on Monday (May 23) that it will begin testing a capability that allows riders to plan trips at least 24 hours in advance. Through the new function, Lyft users will be able to select a pickup location, tap the clock icon on the right, set the desired time and then schedule the ride, with the option to update or cancel a scheduled ride up to 30 minutes before the requested time.
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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.
PYMNTS
MAY 26, 2016
A new report from the Federal Deposit Insurance Corporation (FDIC) shows that mobile banking can empower underserved customers to have greater control over their finances and ultimately open up access to mainstream banking. FDIC released its report, “ Opportunities for Mobile Financial Services to Engage Underserved Consumers ,” on Wednesday (May 25) and it identifies the steps financial services companies can take in order to better meet the needs of the underserved consumer, based on qualitati
PYMNTS
MAY 27, 2016
The Mt. Gox bitcoin drama got a little more dramatic this week. As a quick refresher, Mt. Gox is the now-defunct bitcoin exchange that shuttered in February 2014 after a mysterious “glitch” caused $500 million worth of bitcoin to go missing. Those bitcoin – or at least most of them — have remained missing ever since. As for the exchange itself, it eventually went bankrupt, its owner is waiting in Japan for his criminal trial and a whole slew of legal issues has come cascading down around him –
PYMNTS
MAY 24, 2016
Another day, another patent lawsuit being brought against Apple. Though the company is no stranger to patent infringement cases, the latest round definitely seems to be a bit surprising. Unlike the longstanding patent war between Samsung and Apple that has dominated headlines in recent years, Fortune reported on Monday (May 23) that a new patent lawsuit against Apple concerns very standard features of iPhones and iPads, including making phone calls and sending and receiving email messages.
PYMNTS
MAY 23, 2016
The next wearable might just be in a jean jacket. Google announced late last week that its Advanced Technology and Projects (ATAP) team is working on a project, in partnership with Levi’s, to create a “connected” smart jacket that will help turn users’ jackets into devices that control music, phone calls, navigation, etc. And it does so in one tap (of the sleeve).
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PYMNTS
MAY 27, 2016
Imitation is the sincerest form of flattery. Monkey see, monkey do. Follow the leader. Whatever your preferred platitude, the news of Amazon’s quiet strangling of its price matching policy this week seems to have emboldened others to do the same. Namely, Walmart , the largest in-store retailer in the country. Retail Dive reported that Walmart will be giving the axe to its price matching policy at 500 stores effective June 9.
PYMNTS
MAY 27, 2016
Like an aftereffect of a sci-fi film, the rise in automation within corporate financial teams has led to fears and anxiety: Will humans no longer be needed in the accounting department? Are the CFO and corporate treasurer becoming extinct? Look at headlines like The Wall Street Journal ‘s last year, “ The New Bookkeeper Is A Robot ,” or one just this month from CFO , “ The Robo-Accountants Are Coming ,” and corporate money managers expect the apocalypse of their car
PYMNTS
MAY 25, 2016
Apple may not be exempt from strict rules to open retail stores in India after all. An unnamed government official told Reuters Wednesday (May 25) that the iPhone maker must adhere to regulations that require foreign retailers to sell at least 30 percent locally sourced products in its stores, should it wish to move forward with plans to open retail locations in the country.
PYMNTS
MAY 24, 2016
Retail earnings may have long been looked upon as a benchmark for measuring the growth of the economy but not anymore. The shift in calibration comes as signs of weakening sales in the earnings reports of numerous major retailers were counteracted by the U.S Commerce Department report that showed a spike in retail sales last month — thereby, clearing doubts of a softening American economy.
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