Sat.Jun 08, 2019 - Fri.Jun 14, 2019

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Cybersecurity Turns To Crowdsourcing Amid Hiring Woes

PYMNTS

Cybersecurity is one of the main tasks in the world of digital commerce and payments, and it’s a task that is getting more attention from consumers, companies, regulators and others. But there’s a big problem in this realm — a shortage of cybersecurity experts, the people with the training and expertise to defend retail and payments from increasingly sophisticated online criminals.

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2019 Indiana Legislative Update

Katz,Sapper&Miller

Hello, and welcome to KSM’s annual Legislative Update. You’ll find detail after detail about what legislative actions the 2019 Indiana General Assembly took in the world of tax and economic development.

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Uber Hooks Into FinTech To Expand Beyond Ride-Hailing

PYMNTS

Uber is expanding its services and moving toward providing financial products, according to a report by CNBC. The company has reportedly been hiring numerous product managers and engineers. Its new FinTech team could ultimately have more than 100 workers. Uber is taking advantage of New York’s talent pool in the financial department, which has more depth in the San Francisco sector.

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Thai Bank Walks Back On Ripple XRP Plans

PYMNTS

Thailand’s Siam Commercial Bank won’t be using Ripple’s XRP technology despite earlier announcements of such plans. According to reports in BlockTribune on Monday (June 10), Siam Commercial Bank (SCB) retracted a previous statement that it was planning to integrate use of Ripple’s XRP token to power cross-border B2B payments.

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Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

Speaker: Victor C. Barnes, CPA, MBA

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.

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UK Approves PayPal’s iZettle Acquisition

PYMNTS

With the United Kingdom Competition and Markets Authority’s (CMA) decision to provide final and unconditional approval of PayPal’s completed acquisition of iZettle, the digital payments company will start to integrate the teams and products of iZettle in the U.K. and around the world. The move will significantly bolster the in-store presence and platform of PayPal, according to an announcement.

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Lost Pet Posters Get An Upgrade For The Digital Age

PYMNTS

The traditional method of finding a lost pet worked well enough. A distraught owner might tape or staple some homemade signs around the neighborhood, knock on doors, put out some favorite treats on the porch or lawn, and perhaps even pray and check the bank account in hopes of offering a monetary reward. Still, that seems so old-fashioned in this digital age — at least according to Andrea Chavez, Founder of Pawscout , a company whose signature product is a Bluetooth-enabled tag that not only hel

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Amazon Launches Card For Prime Users With Bad Credit

PYMNTS

Amazon is linking with Synchrony Financial to offer a new credit card for Amazon Prime members who have bad credit. As reported Monday (June 10), the card, known as “Amazon Credit Builder” will let users build up their credit profiles through the use of a secured card, and the firms also will offer budgeting tools. Upon establishing credit, those users can obtain other Amazon cards, which may be unsecured cards.

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IMF’s Lagarde Calls Out FinTech As Industry Disruptors

PYMNTS

International Monetary Fund Managing Director Christine Lagarde issued a warning over the weekend about the impact artificial intelligence may have on the financial system across the globe. Reuters reported Lagarde said that technology companies’ use of big data and AI i ncreases big tech companies’ dominance in the mobile payments market, which could result in policymakers around the world rethinking how they regulate the banking system and how they ensure financial settlements are made safely

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 Visa B2B Connect Goes Global

PYMNTS

Visa and Mastercard each made headlines in the payments infrastructure and cross-border realms, eyeing digital payments and B2B payments. As reported earlier in the week, Visa launched B2B Connect , a network focused on enabling financial institutions (FIs) to help their clients make B2B payments across borders. As reported, the launch covers 30 markets globally.

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The Enterprise Headache Of A Decentralized Blockchain

PYMNTS

For blockchain technology, the crux of many of its purported benefits for the enterprise is its decentralized nature, which, proponents of distributed ledger technology (DLT) have said, promotes visibility and makes it more difficult for data to be manipulated. The security benefits of decentralization make blockchain an attractive fit in corporate finance.

B2B 73
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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

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.

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PayCargo Adds Payment Processing To Unisys Logistics Platform

PYMNTS

Electronic invoicing and settlement solutions provider PayCargo, which targets the shipping and logistics industry, will integrate payments processing into Unisys Corporation’s Digistics solution, the companies announced this week. A press release issued Monday (June 10) said PayCargo’s payment processing services will be added into air cargo management platform Digistics, enabling corporate users to process payments in real time, as well as to create and schedule payments.

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Retailers Look To Augmented Reality To Lure Local Shoppers

PYMNTS

Retail is getting more visual, and that stands to be the case for locally-focused merchants as they compete for attention and consumer dollars with the likes of Amazon and Walmart. Indeed, augmented reality is among the tools that local retailers look ready to adopt for further use. According to one recent report , augmented reality, or AR, “has lots of implications for local commerce.

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Bitcoin Daily: G20 Want Regulators To Monitor Crypto Risks; Coinroom Crypto Exchange Abruptly Shuts Down

PYMNTS

G20 finance ministers and central bank governors have requested that the Financial Stability Board ( FSB ), as well as global standard-setting organizations, work together to monitor risks around crypto assets. “While crypto assets do not pose a threat to global financial stability at this point, we remain vigilant to risks, including those related to consumer and investor protection, anti-money laundering (AML) and countering the financing of terrorism (CFT),” said the joint statement, accordin

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Token CEO: Why Open Banking Is Really ‘Closed Banking’

PYMNTS

Open Banking is brand new, except it isn’t — at least, to some observers. More than a year into Open Banking’s debut in Europe, Token.io Limited CEO Steve Kirsch told Karen Webster that there’s a precedent in managing transactions effectively and safely, and in giving consumers access and control over their data as financial service firms seek to serve up innovative banking products.

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Doing More With Less: The Modern Finance Miracle

Speaker: Mark Gilham, FCCA, CPP

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.

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Airbnb Is Cooperating With A Subpoena From NYC

PYMNTS

Airbnb is reportedly complying with a New York City subpoena that wants information about some of its listings, according to reports. The online housing marketplace is giving anonymized data on hosts and listings from the start of last year through Feb. 18 of this year. The data has listings that lasted less than 30 days that offered customers the whole home, multiple rooms or shared rooms in the same residence.

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How Streaming Subscriptions Innovate With Payments And Content

PYMNTS

In the era of streaming entertainment and online news, the number of companies providing digital platforms for content is on the rise. And consumers now have a plethora of choices at their disposal, which creates competition in a space where platforms such as Apple Music and Spotify are looking to attract the same users. But subscriptions also lets merchants to engage with their customers better regardless of the services or products they buy, according to the PYMNTS Subscription Commerce Tracke

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Visa’s Shrauger On What’s Next (And Why Now) For Visa Next

PYMNTS

A bit more than a month ago, Visa debuted Visa Next, a platform that offers a growing menu of beta application programming interfaces (APIs) that can be (and are being) used by issuers and issuer processors to build and test new digital-first products. The platform also serves as a “new destination” for viewing new and upcoming solutions in Visa’s pipeline.

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Visa On How To Use AI Responsibly

PYMNTS

To steal a line from the Marvel Universe, “with great power comes great responsibility.”. To steal another line from the Hippocratic oath, penned centuries ago, “first, do no harm.”. Those two maxims extend into the world of artificial intelligence (AI) — to the models built on machine learning and AI, and to the humans who come up with the models in the first place.

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8 Pillars of Leadership Development

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.

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Factris Debuts Enhanced SMB Factoring Platform

PYMNTS

Netherlands-based Factris is launching an enhanced version of its Finance Automation for Business platform, the company announced Monday (June 10). The Finance Automation for Business, or FAB, platform, aims to connect Europe-based small and medium-sized businesses (SMBs) with financial management solutions including invoice financing and factoring tools.

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Will The 2020s Be The Digital Trust Decade?

PYMNTS

With summer upon us, it might have escaped notice that the decade of the 2010s is about to end. We don’t mean to get nostalgic or weepy-eyed (not just yet), but it’s worth noting that the past 10 years or so have brought significant, even historic, innovation and disruption to the world of payments — trends that promise to build and converge in the 2020s.

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Apple Pay Adds Support For Netherlands, Revolut Users

PYMNTS

Apple Pay has added support for users in the Netherlands and also expanded services for Revolut users , according to reports. The service launched in Luxembourg and Hungary last month, and on Tuesday (June 11) in the Netherlands. All Apple Watch, iPad, Mac and iPhone users can use the service wherever it’s accepted. Apple Pay is supported in the Netherlands by ING, but it’s not clear whether any other banks in the country will support it.

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Diving Into The ‘Check-Replacement Cycle’

PYMNTS

Three percent of, well, anything is not a lot. It seems an especially low number when considering this stat: Only 3 percent of companies meet customer demands for instant business-to-consumer (B2C) payments. How about a bigger number, though equally disquieting? As much as 80 percent of firms still rely on paper checks when it comes to making business-to-business (B2B) payments.

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Protect What Matters: Rethinking Finance Ops In A Digital World

Speaker: Cheryl J. Muldrew-McMurtry

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.

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Bento Introduces Digital Payment Solution For SMBs

PYMNTS

Bento for Business, a B2B payments company, has introduced a new product called Bento Pay, a digital payments solution that “eliminates the need to write checks and gives businesses the ease and security of paying any supplier confidentially, regardless of their digital payment preferences,” according to a release by the company. Speaking at the CB Insights Future of FinTech conference, Bento for Business Co-founder and CEO Farhan Ahmad said the company’s direct-to-payee solution can handle frag

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5G Isn’t The Only Digital Communication Game In Town

PYMNTS

The new 5G mobile network technology is getting its first deployments, but that’s not the only communications game in town. A technology that tracks lost scooters people rent could play a role in the coming years in digital retail and payments, at least going by recent reports. The innovation — and potential disruption — stems from a company called Helium , which describes itself as a peer-to-peer wireless network.

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Bitcoin Daily: Crypto Malware Targets Oracle Servers; Bill Could Restrict Crypto Activity In India

PYMNTS

Security researchers have revealed another cryptocurrency mining malware that has already installed itself on Oracle servers. According to The Next Web , the malware attacks Oracle WebLogic Servers to install a Monero cryptocurrency mining bot. It is able to stay hidden because the malicious code is obscured in certificate files, and, therefore, can go undetected by firewalls and antivirus software.

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Why Cash Is Still King On Graduation Day

PYMNTS

For the last several weeks, and for a few more to come, students at the nation’s high schools and colleges are donning their gowns and mortarboards and collecting their diplomas. For many of those getting university degrees, the day comes with mixed emotions, because the real world has finally come to call. Finding a job, being solely responsible for one’s own household provisions and making student loan payments are about to become first-time features of many lives.

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Automation, Evolved: Your New Playbook for Smarter Knowledge Work

Speaker: Frank Taliano

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.

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Brex Raises $100M, Bringing Valuation To $2.6B

PYMNTS

Brex, the credit card startup, announced Tuesday (June 11) it raised $100 million in venture funding, giving the company a valuation of $2.6 billion. In a press release , Brex said the funding round was led by Kleiner Perkins Digital Growth Fund, with participation from all existing major investors including Y Combinator Continuity, Ribbit Capital, DST Global, Greenoaks Capital, and IVP.

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Facebook Kicked Out Of S&P Ethics Index For Privacy Issues

PYMNTS

Facebook has been removed from a list of companies that are indexed by S&P Dow Jones Indices as socially responsible, according to a report by CNBC. The decision for the ousting, which was made on Thursday (June 13), stems from Facebook’s continued privacy issues. The list in question is called the S&P 500 ESG Index, which keeps track of companies that practice responsible social, governance and environmental practices.

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The Case For Federal IoT Regulations

PYMNTS

Smart technology is unlocking supply chain efficiencies, providing emergency alerts and much more. But despite intelligence of things (IoT) solutions being put to use in many cases, the field continues to be hampered by security issues. Researchers have continued to report simple issues that trip up the tech — including failures by device manufacturers to require users to set up a PIN or passcode or failures by users to securely implement the technology.

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H&R Block Acquires SMB Finance Platform Wave

PYMNTS

Consumer tax solutions provider H&R Block is ramping up its position in the small business financial services market with the takeover of Wave. In a deal announced Tuesday (June 11), H&R Block has acquired Wave Financial, a small business FinTech firm offering accounting, payroll, invoicing, payments and bookkeeping services. H&R Block said the acquisition will strengthen its position in the small business space and introduce new growth opportunities for the firm.

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Data Talks, CFOs Listen: Why Analytics Are Key To Better Spend Management

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.