PYMNTS

MAY 3, 2020

The road to recovery after the coronavirus pandemic is widely expected to be a winding one as businesses, consumers and officials work to figure how to restart an economy intentionally shut down roughly two months ago. It is a situation complicated by the fact that a roughly comparable event hasn’t occurred in the U.S. in over a century, meaning there is no living expert with any practical expertise at managing the fallout from an incurable pandemic.

Georgia 125

Georgia North Dakota South Carolina Alaska 125

xendoo

MAY 7, 2020

The Xendoo team has compiled many resources on the PPP to help small business owners everywhere. Check out our additional resources here: What do I need for my PPP application? Your Guide to PPP Loan Forgiveness. Paycheck Protection Program Guide. Many business owners that are sole proprietors are searching for information on how to make sure their PPP loan is fully forgiven.

payroll 98

payroll Legal Tax 98

Katz,Sapper&Miller

MAY 4, 2020

Sarah Hammond has been named a fellow for the Mitch Daniels Leadership Foundation (MDLF) class of 2020-21. Launched in 2016, the program aims to recruit and develop up-and-coming leaders who want to drive change in Indiana. Fellows are chosen by the MDLF board based on personal and professional achievements as well as leadership potential. Hammond is one of 23 outstanding Hoosiers who were selected from a record number of applicants this year.

Indiana 86

Indiana 86

MazumaBusinessAccounting

MAY 5, 2020

“Stay home and stay safe” has been the common phrase these last few months because of the pandemic development. Are you using your home for business? If so, you can deduct those expenses. Small business owners have been asked to run their company from their homes. Here at Mazuma, we want to help all of our clients stay compliant, stay organized and, most important save on taxes.

Tax 87

Tax business accounting Account accountant 87

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PYMNTS

MAY 7, 2020

The prospect of restarting the economy of bringing all manner of everyday life in the U.S. back to some semblance of “normal” has challenges — and opportunities for banks, especially community banks and credit unions. The challenge lies with serving the needs of the individual who may be hesitant to go back to the old ways of banking — of walking up to teller windows, of handling cash in envelopes.

Start-ups 122

Start-ups Technology Account accountant 122

PYMNTS

MAY 8, 2020

The shift to digital commerce is more urgent than ever — and so are some of the potential pitfalls as fraudsters recalibrate their attacks and eye card-not-present transactions as a new way to make off with ill-gotten gains. In an interview with Karen Webster, Carleigh Jaques, senior vice president and general manager of CyberSource , a Visa solution, said commerce is now different, especially for smaller enterprises.

Sports 104

Sports Retail Sales 104

PYMNTS

MAY 4, 2020

The coronavirus has spurred a seismic shift in commerce, moving shopping into the digital realm. . Consumers are buying anything (and seemingly everything) and conducting all manner of everyday business online because that is their only option. . In an interview with Karen Webster, Scott Galit, CEO of Payoneer , said the impact will continue to be global in scope and deeply felt across all avenues of commerce — giving new rise to cross-border commerce. .

Manufacturing 102

Manufacturing Sports Start-ups Gaming 102

PYMNTS

MAY 7, 2020

It has been almost two months since the World Health Organization (WHO) first declared the coronavirus a pandemic on March 11, and it has since taken an unprecedented toll on consumers’ wellbeing and livelihoods. Many policymakers are making a push to lift the restrictions that have been put in place to slow the spread of contagion in the hopes of reviving the battered economy.

Retail 100

Retail 100

PYMNTS

MAY 8, 2020

Jio Platforms Ltd., India’s largest mobile operator, announced it is raising 113.67 billion rupees ($1.5 billion) from Vista Equity Partners, the U.S. private equity firm. The deal is the latest in a series of investments by the Mumbai-based firm to eliminate its debt, The Wall Street Journal reported. . Last month, PYMNTS reported that Facebook would invest $5.7 billion for a 10 percent stake in Jio Platforms, the digital technology arm of Indian billionaire Mukesh Ambani’s conglom

Texas 99

Texas Retail Technology 99

PYMNTS

MAY 7, 2020

Whether the objective is teaching behavior to kids, being an effective team member, or building more impenetrable cyber defenses, learning from a good example works. This is pertinent to artificial intelligence (AI) in finance, where enhanced forms like adaptive AI are fulfilling the technology’s promise by actually “learning” — foremost from the behavior of legitimate deposit account holders — so that hackers stand out when they make a move.

Technology 99

Technology accounting and finance Finance Account 99

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 8, 2020

For companies like Fiserv, Fidelity National Information Services (FIS), PayPal and others, selling terminals, offering payments platforms and designing checkout buttons, top and bottom lines were poised to move up and to the right. The first quarter of 2020 should have been business as usual — especially for the payments processors and financial services technology companies — the firms that keep commerce humming across offline and online channels.

New Jersey 98

New Jersey Start-ups Sales Retail 98

PYMNTS

MAY 6, 2020

Federal and state officials are investigating Wells Fargo regarding the bank’s management of Paycheck Protection Program (PPP) loans. A regulatory filing on Tuesday (May 5) indicated that the country’s fourth-largest bank received “formal and informal inquiries from federal and state governmental agencies regarding its offering of PPP loans.”. The San Francisco-based bank started processing applications for PPP loans on April 4, a day after the program opened.

California 98

California New York Account accountant 98

PYMNTS

MAY 8, 2020

People have been talking about the world “going digital” for the last decade, and anticipating the arrival of a digital-first world. But even the most enthusiastic futurist or technologist couldn’t have forecast that by the first week of May 2020 the world would no longer be going digital so much as gone digital in response to black swan events that radically hit reset on our working, commerce and personal lives nearly overnight.

Technology 97

Technology Gaming Retail Account 97

PYMNTS

MAY 4, 2020

Nearly 50 million credit card customers in the U.S. said they have had their credit limit slashed or their card closed in the past month as lenders move to minimize their risk amid the COVID-19 shutdown, a new study revealed. The survey, released on Monday (May 4) by CompareCards, a division of LendingTree, found one in four Americans say their credit card terms have been changed involuntarily since the start of the coronavirus pandemic.

Start-ups 97

Start-ups Account accountant accounted 97

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

MAY 5, 2020

“Credit unions across the country are on high alert for scammers looking to take advantage of members during the pandemic and are stepping up fraud prevention efforts as a result,” according to PYMNTS’ April Credit Union Tracker® done in collaboration with PSCU. Detailing warnings recently issued by New York’s Sidney Federal Credit Union and the City of Boston Credit Union, among many others, credit union (CU) members are the target of cyberattackers posing as the Centers for Disease Contr

Technology 95

Technology Education New York Gaming 95

PYMNTS

MAY 6, 2020

The Federal Reserve has formed a FedNow Community group for its upcoming instant payment offering, the FedNow Service , and needs volunteers to support it, the Fed announced Wednesday (May 6). The Fed acknowledged the challenges brought on by the coronavirus but noted the FedNow Service is still scheduled to be unveiled in 2023 or 2024. “While we work to support the industry and our customers during this difficult time, we want to ensure that our collaboration with industry stakeholders on FedNo

Technology 93

Technology Account accountant accounted 93

PYMNTS

MAY 8, 2020

Samsung Pay is launching a physical debit card and this summer will introduce a money management tool in partnership with SoFi. “Now more than ever, people are counting on technology to help them make contactless payments, shop, and manage their finances without leaving the house,” said Sang Ahn, vice president and GM of Samsung Pay’s North America service business, in a statement.

Retail 92

Retail Finance Technology 92

PYMNTS

MAY 4, 2020

“Buy now, pay later” (BNPL) options are very popular — when people know they exist, that is. In the April-May 2020 edition of the Buy Now, Pay Later Tracker® , done in collaboration with Afterpay , we discover that the draw of instant credit has greater potential than it has already shown and, as awareness grows on this concept, there’s plenty of headroom for growth.

Retail 89

Retail Sales 89

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Technology

PYMNTS

MAY 6, 2020

The COVID-19 pandemic has had a noted effect on how several industries can operate and interact with their customers during this time including retail stores, movie theaters and casinos. The pandemic has shut down brick-and-mortar casinos in markets like the United States to help minimize risk, for example, leading consumers to turn to online casinos and sportsbooks.

Gambling 88

Gambling Sports New Jersey Tax 88

PYMNTS

MAY 4, 2020

With talk about reopening the U.S. economy come questions around how schools are going to handle reopening. Labor and public health experts say extending school closures is not sustainable, as parents will have to return to work and won’t be able to do that if the kids are still out of school, a CNBC report noted. It will be difficult, as predictions from medical officials say another wave of coronavirus could hit by the winter.

North Carolina 85

North Carolina Education Sports New York 85

PYMNTS

MAY 7, 2020

With results that show how COVID-19 closures are impacting the gaming industry, Wynn Resorts Ltd. reported a net loss of $402 million for the first quarter of 2020. While the results mark a drop into the red from income of almost $105 million a year before, CEO Matt Maddox foresees built-up demand waiting to be released for leisure activities. The executive noted in The Wall Street Journal that individuals were visiting beaches in Southern California in droves, and eateries were opening for busi

Gambling 84

Gambling Gaming New Jersey Nevada 84

PYMNTS

MAY 4, 2020

Economists, policymakers and epidemiologists have been modeling the cost/benefit of reopening the U.S. economy since governors began asking their citizens to #stayathome in mid-March, and even well before that. A decision to reopen, even partially, must weigh the economic impact of keeping the economy locked down against the availability and effectiveness of treatments that will mitigate or eliminate the risk of another serious outbreak, as well as illness and deaths, within months of reopening

Sports 83

Sports Start-ups Retail Government 83

Advertiser: Paycor

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PYMNTS

MAY 5, 2020

The shift to online commerce in the wake of the coronavirus pandemic is unprecedented. We’re doing more of everything online, especially transacting. Subscriptions, groceries, even buying shoes are all being introduced to digital channels in ways and volumes they haven’t been before. In an interview with Karen Webster, Laura Quevedo, senior vice president of Security & Decision Products at Mastercard , said that just as the surge toward spending online is unparalleled, there isn’t a concrete

Entertainment 83

Entertainment Start-ups accounting online Account 83

PYMNTS

MAY 5, 2020

Retail reopening events continued to draw light foot traffic on Monday, as Florida joined Texas in allowing non-essential stores to reopen. Meanwhile the digital shift momentum continues to draw new infrastructure. Florida granted permission for stores to reopen Monday (May 4), the first phase of a return from the coronavirus lockdown. A report from Tampa, among others, showed that few of the outlet stores took advantage.

Florida 82

Florida Retail E-commerce Texas 82

PYMNTS

MAY 5, 2020

As the world steadily inches toward reopening after several months of coronavirus-related lockdowns, Frontier Airlines will give people the option to pay extra to leave the middle seat in their row empty, per reports. The gesture is an attempt to adhere to social distancing measures to ease people back into traveling while the virus is still present.

Government 82

Government 82

PYMNTS

MAY 8, 2020

Businesses and consumers still see the new coronavirus’s reverberating effects upon their finances and lives. Gig workers have been particularly affected by the pandemic, as many saw their opportunities for work dry up and disappear over the past few months amid stay-at-home orders and social distancing protocols. The United States government has attempted to offer relief through its federal Coronavirus Aid, Relief, and Economic Security (CARES) Act, which opens unemployment benefits to self-emp

accounting and finance 81

accounting and finance Government Finance Account 81

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Finance

PYMNTS

MAY 3, 2020

Corporate ransomware payment amounts rose sharply in the first quarter of this year, with a wave of coronavirus -related attacks and other peripherally-related cases because of complexities with shifting to remote work for many people, according to a Coveware blog post. The average ransomware payment, according to Coveware , a cybersecurity company, hit $111,605, a 33 percent jump from Q4 2019.

cpa firm 81

cpa firm Healthcare CPA Maine 81

PYMNTS

MAY 5, 2020

Open application programming interfaces (APIs) are playing an increasingly important role in the financial industry as the field grows increasingly digital. APIs allow banks and technology providers to coordinate development much more easily, enabling the creation of innovative new products and services for functions such as B2B payments. The European Union (E.U.) is currently leading the pack when it comes to API development, thanks to the revised Payment Services Directive ( PSD2 ), which mand

B2B 80

B2B Technology Gaming Account 80

PYMNTS

MAY 7, 2020

One week. That’s how much time Paycheck Protection Program (PPP) loan recipients have to return their loan if they can’t meet the updated rules from the U.S. Treasury Department. On April 23, Treasury provided the latest guidance for the Small Business Administration (SBA) PPP initiative crafted to shore up small and medium-sized businesses (SMBs) amid the COVID-19 pandemic.

Massachusetts 79

Massachusetts payroll audit Maine 79

PYMNTS

MAY 4, 2020

Financial institutions (FIs) face tough decisions when trying to keep their clients safe. Customers and merchants rely on their banks and credit unions (CUs) to ensure they have secure, convenient online transactions, and many FIs work to detect fraud by looking for abnormal purchasing behaviors that could indicate something is amiss. Seeing consumers’ cards suddenly used in new cities or for making unusual types of purchases could be a major red flag that indicates the cards have been stolen, f

Technology 79

Technology Sales Account accountant 79

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"Offer payroll and do it yourself,” they said. “It’ll be fun!” Spoiler alert: It was not fun. Most CPA firms know that they need to offer payroll services to their clients or risk losing them to another firm that will. However, many don’t really want to. It is often time-consuming and complex due to changing tax laws and regulations, and with the growing staffing shortages, most just don’t have the resources.

cpa firm