PYMNTS

DECEMBER 13, 2017

Online retailer eBay , following in the footsteps of Overstock.com, is contemplating allowing bitcoin as a payment method. In an interview with Yahoo Finance , Scott Cutler, SVP of eBay Americas, said the eCommerce retailer is “seriously considering” accepting bitcoin payments but noted the company is “not quite there yet.” He noted that eBay is currently focused on the holiday shopping season, which is turning out to be a strong one for online retailers. .

Retail 88

Retail Finance Start-ups E-commerce 88

Katz,Sapper&Miller

DECEMBER 14, 2017

When planning Katz, Sapper & Miller’s (KSM) 75th anniversary, we did not want to just celebrate a milestone. We wanted to show our appreciation for the communities where we do business. Investing in the places in which we live and work is at the core of KSM’s values, and so much of who we have become as a firm has been shaped by our communities.

40

40

PYMNTS

DECEMBER 13, 2017

The emergence of APIs is doing more than just changing the way banks and FinTechs operate. It’s forcing them to create new marketplaces and ecosystems where innovations are traded and, in the process, upending the traditional rules of the financial services market. With the market rapidly evolving, is it time for traditional financial institutions (FIs) to learn the rules of the new API economy?

B2B 77

B2B accounts payable Technology Account 77

PYMNTS

DECEMBER 14, 2017

Banks and FinTechs may have had frosty relations in the past , but new open API ecosystems are now enabling former competitors to collaborate and grow their respective businesses. While collaboration is often seen as the more appealing approach, an open banking ecosystem invites its own challenges for traditional banks. Specifically, these financial institutions (FIs) must learn how to collaborate and innovate at a considerably faster pace.

B2B 69

B2B California Technology 69

Advertiser: Paycor

HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.

PYMNTS

DECEMBER 14, 2017

Three computer hackers behind the Mirai botnet, which kicked websites offline last year in cyberattacks, have pleaded guilty to cybercrime. Citing court documents, Reuters stated on Wednesday (Dec. 13) that former Rutgers University student Paras Jha pleaded guilty in federal court in New Jersey to charges, including writing code that enabled him to infect and control devices.

New Jersey 68

New Jersey 68

PYMNTS

DECEMBER 14, 2017

Not innovating is not an option. Perhaps in the early days of digital banking and mobile apps, innovative technology was a “nice to have,” but that is no longer the case. Today, it is a must-have for financial institutions (FIs) — that is, if they want their payment products to be the first one for which customers reach at the point of sale, whether physical or digital.

Technology 65

Technology Maine Gaming Sales 65

PYMNTS

DECEMBER 14, 2017

Arguably, the internet’s premier destination for auctions is eBay, which is not an unfair statement, given the sheer volume of said auctions going on via its website at any given moment. But as massive and instantly associable as auctions are, eBay has spent the last several years growing up, and growing past its old model. In fact, eBay is one of the web’s largest online marketplaces — with an estimated 168 million buyers in total — Customers eBay has spent much of 2017 trying to convince not t

Gaming 58

Gaming Start-ups Retail E-commerce 58

PYMNTS

DECEMBER 14, 2017

Amazon Prime may have had the best Prime Day ever this past summer, but Morgan Stanley warned there are signs that its Prime growth is starting to slow. According to news from CNBC , Morgan Stanley said in a research report this week that based on a survey of 1,000 adults in the U.S. during the third quarter, 40 percent of consumers in America already have Prime memberships, which matches the same level that was seen in the fourth quarter of last year.

Sales 54

Sales Retail E-commerce 54

PYMNTS

DECEMBER 14, 2017

Forget presents under the tree. DoorDash is bringing Americans what they really want this holiday season: hot, fresh Wendy’s takeout delivered directly to their doors (or cold, fresh Frosties, if they so desire — DoorDash’s thermal bags can keep deliveries either hot or cold as needed). Wendy’s and DoorDash announced earlier this month that they were expanding their partnership following a successful pilot program at 135 restaurants across Columbus, Ohio, and Dallas, Texas.

Ohio 53

Ohio Texas Technology Sales 53

PYMNTS

DECEMBER 14, 2017

On Thursday (Dec. 14), Overstock.com CEO Patrick Byrne revealed that within the next three months the company should have a deal to sell or reorganize its retail business to focus on blockchain. In the interview with CNBC , Byrne said, “my goal is [within] 60 to 90 days we walk away from this,” noting he has an “ethical obligation” to focus on his new De Soto joint venture for the next five years.

Retail 51

Retail Technology E-commerce 51

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

DECEMBER 15, 2017

Retail isn’t all about taking people’s money. Today, it’s also about telling a story and building an experience that makes customers want to shop with the brand again. So, one might think it would be a no-brainer for luxury brands, which have such a legacy presence in the market, to be all over the latest storytelling modes, with exciting new ways to draw consumers into their rich and storied history.

Retail 51

Retail Gaming Technology Sales 51

PYMNTS

DECEMBER 11, 2017

There seems to be no such thing as a Christmas vacation when one’s main profession is defrauding consumers and businesses. It appears the ever-inventive thieves of the world have found a new way to make gift card fraud work for them this holiday season, according to the Better Business Bureau (BBB). This year the scam relies on thieves grabbing cards off the rack, scratching the film that covers the card PIN underneath and copying the relevant numbers.

Retail 51

Retail Maine 51

PYMNTS

DECEMBER 14, 2017

When a company is as massive as any one of the Frightful Five, the bad news is it’s inevitable that some things will slip under the radar. Apple and Amazon learned that the hard way this week as partners called them out on fake apps and hubcaps for sale on their platforms. The good news, though, is that it’s never all bad news when you’re as big as the Frightful Five.

Finance 51

Finance Sales Retail 51

PYMNTS

DECEMBER 15, 2017

It looked great in the store, but it didn’t look so great when it got home. It’s a problem all consumers face, and it isn’t that big of a deal for most objects. Thinking better of a buy is an easily solved problem generally handled by finding a receipt and returning to the store to trade in a wrong purchase. But, as easy as that is when the item in question is, say, a t-shirt, the mechanics of buyer’s remorse become a good deal more complex when the thing that didn’

Technology 51

Technology Real Estate Entertainment Retail 51

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

DECEMBER 13, 2017

Whether customers shop at a mall once a week or once a year, it’s safe to say that most would probably find a visit to the Mall of America a bit overwhelming, especially if they’ve brought the whole family along, and especially if it’s Christmas time. The mall is so big that the first challenge will be deciding where to park so that no one is walking across the entire property to reach the store they want to visit.

Technology 51

Technology Retail Sales E-commerce 51

PYMNTS

DECEMBER 14, 2017

Thanks to early boosts from Black Friday and Cyber Monday sales, the holiday season is poised to be a merrier one for retailers, as Americans are upping their online and in-store spending, according to news from The Wall Street Journal on Thursday (Dec. 14). In fact, in-store, online and restaurant spend increased 0.8 percent in October, per reports from the Department of Commerce, beating economist estimates of 0.3 percent.

Retail 50

Retail Start-ups Sales 50

PYMNTS

DECEMBER 14, 2017

The eyes of the financial services world are on the EU’s upcoming PSD2 regulations, with many jurisdictions watching how the European market evolves and responds to regulations that support data sharing and open banking, while maintaining data security. But there’s another, less talked-about regulation coming in on the heels of PSD2, and it’s one that Jeff Nicholson, vice president of CRM product marketing at software company Pegasystems, says is a “sleeping giant.”

accounting and finance 49

accounting and finance Education Finance Account 49

PYMNTS

DECEMBER 12, 2017

Ambitious retailers don’t want to stay locked in one lane, but rather to spread to new audiences, new product types and more — and payments-powering companies are stepping up to give them the lift they need to reach these expansion dreams. The December edition of the PYMNTS Payments Powering Platforms Tracker , a WePay collaboration, features the latest insight from the CEO of AmeriCommerce, a major player in the eCommerce platform space, and the latest headlines from the space.

Gaming 49

Gaming Retail 49

Advertisement

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

DECEMBER 12, 2017

Faster and real-time payments are generally considered a benefit for the consumer payments world. But with the U.S. finally making inroads in its faster payments initiatives, it’s now time to see whether faster payments will make their way into the B2B sphere too. Released last week, December’s PYMNTS Faster Payments Tracker , powered by NACHA , tracks progress of faster payments initiatives throughout the U.S.

B2B 48

B2B accounting and finance Start-ups Finance 48

PYMNTS

DECEMBER 15, 2017

Life is full of complexity. Life for a small- to mid-sized business (SMB) scaling operations into new countries? Complex on so many levels, especially when it comes to payments and, more specifically, invoicing, where demands for payment are tracked through paper and electronic means. On a good day, managing the ebb and flow of supply chains, accounts receivable and accounts payable can be challenging; on a bad day, juggling all those spinning plates becomes a nightmare.

Technology 48

Technology Education Healthcare accounts payable 48

PYMNTS

DECEMBER 12, 2017

Payments processor American Express announced Monday (Dec. 11) that it will stop requiring merchants to collect signatures for purchases at the point of sale (POS). In a company press release, American Express said the changes will take effect beginning in April 2018 and will apply to all merchants accepting American Express worldwide. The move will provide a more consistent and speedier in-store checkout experience for merchants and American Express cardholders.

Sales 47

Sales Retail Technology 47

PYMNTS

DECEMBER 15, 2017

After announcing a deal to help Ford sell electric vehicles in China, Alibaba has unveiled how they plan to sell them: Car Vending Machines that look like futuristic buildings. According to Tech Crunch , customers simply use Alibaba’s Taobao app to scan a car that they want to test drive. Once the system recognizes the vehicle, it allows users to pick a color, and once they enter basic information and snap a selfie, arrange for a test-drive if the vehicle is available.

Retail 47

Retail 47

Advertisement

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

DECEMBER 12, 2017

Joseph Borg, president of the North American Securities Administrators Association warned on Tuesday (Dec. 12) that bitcoin has entered the “mania” phase, with some people taking out mortgages just to purchase the cryptocurrency. In an interview with CNBC , Borg said that bitcoin shares are on the “mania curve” and that there has to be a leveling off at some point.

Education 47

Education Start-ups Technology 47

PYMNTS

DECEMBER 15, 2017

In this space we have highlighted the need to “Kill the Check” through a number of interviews with Ingo Money CEO Drew Edwards. And driving a nail into the paper coffin has some real benefits — the most obvious one would be the literal abandonment of paper, where processing costs are as high as $10 a check. That’s money out the door for companies just to send money out the door.

accounting and finance 46

accounting and finance Finance New York payroll 46

PYMNTS

DECEMBER 15, 2017

A Japanese internet service provider (ISP) is reportedly readying to pay employees in bitcoin. According to news from Bitcoin Magazine on Thursday (Dec. 14), GMO Internet Group, which provides internet services for consumers and businesses, is introducing an option for employees to receive part of their salary in bitcoin. The publication noted that while cyrptocurrency companies have been using bitcoin for payroll for some time, the move by GMO Internet Group suggests mainstream, traditional co

payroll 46

payroll Legal Start-ups B2B 46

PYMNTS

DECEMBER 15, 2017

A new survey from Citizens Bank explores how mid-market CFOs in the U.S. are anticipating new technologies and market trends for the year to come, with these professionals signaling interest in real-time and electronic payments. In an announcement Thursday (Dec. 14), Citizens Commercial Banking released the results of its newest survey, which examines input from 300 CFOs at companies with between $25 million and $2 billion in annual revenue.

Tax 46

Tax Technology Finance B2B 46

Advertiser: Paycor

Blue-collar jobs have a branding problem. One company, GEON, partnered with Paycor to find the solution. Learn how to attract, engage, and retain blue-collar employees, helping them build meaningful careers – and support your company’s goals.

PYMNTS

DECEMBER 14, 2017

With the procurement function now a critical component of strategic corporate growth, procurement executives have earned a seat at the business leaders’ table and are now taking part in conversations surrounding the overall digital disruption of the enterprise. New research from eProcurement solutions provider Jaggaer suggests there are a few cutting-edge technologies in particular that have an opportunity to disrupt the procurement function for the better.

Technology 46

Technology accounting and finance Finance Account 46

PYMNTS

DECEMBER 14, 2017

Diebold Nixdorf announced news on Wednesday (Dec. 13) that Andreas “Andy” W. Mattes is resigning as president and chief executive officer (CEO). . In a press release , the company said Christopher A. Chapman, chief financial officer, and Jürgen Wunram, SVP and chief operating officer, will serve as co-CEOs until a replacement is found. The company didn’t say why Mattes is leaving the company but did note that the board of directors has created a search committee and retained the executive searc

46

46

PYMNTS

DECEMBER 15, 2017

Google is helping travelers using Google services find better rates on trips, flights and hotels by expanding its booking features. These new features will now tell users the best time to buy an airline ticket or to determine when room rates are higher, among other things. “A recent study we did indicated that travelers are most concerned about finding the best price for their vacations – more than with any other discretionary purchase,” Google wrote in a blog post.

46

46

PYMNTS

DECEMBER 15, 2017

By now, the alternative lending market is hardly new, and investor appetite for startups in the space seems to have waned. But every few weeks, the industry roars back with an impressive investment streak. This week, alternative finance companies raised more than $77 million in venture capital funding, accounting for nearly 70 percent of total funds raised by B2B FinTech startups this week.

Finance 46

Finance accounting and finance B2B New York 46

Advertisement

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.

Finance