PYMNTS

APRIL 7, 2017

The approach to financial services for consumers and businesses is quite vast, but across the spectrum, access to and management of financial data is a critical component. Today, APIs have become a popular way for banks to share this financial data with other services and have given rise to more possibilities for FinTechs in how they meet their customers’ needs — and more debate about the security of such facilitated information-sharing.

Technology 76

Technology Start-ups Maine tax 76

Katz,Sapper&Miller

APRIL 1, 2017

Well…maybe. The allowance for credit losses is the most significant estimate on any set of BHPH financial statements. Since June 2016, when the Financial Accounting Standards Board (FASB) issued an Accounting Standards Update (ASU) amending the accounting guidance for measuring and recognizing credit losses, many industry accounting practitioners remain conflicted as to the impact this ASU will have on financial reporting practices and some dealers are wondering what this new ASU means for them.

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accounting standards Account accountant accounted 40

PYMNTS

APRIL 6, 2017

Oftentimes the best ideas come from trying to solve a problem. And when that problem is a personal one, the drive to create an innovative solution that actually works is even stronger. For Marc Werner, founder and CEO of Nature’s Sleep , this meant making a mattress that actually helped him get a good night’s sleep, despite dealing with chronic neck and back pain.

Florida 61

Florida Start-ups E-commerce Sales 61

PYMNTS

APRIL 5, 2017

Making a run to the corner store for one item, or even a few small items, can sometimes be a difficult feat to accomplish. Whether it’s lack of time in a busy schedule, transportation issues, proximity to a good store or just plain, “I’m going to stay home in my PJs and not do anything” laziness, convenience store runs can sometimes be more trouble than they’re worth.

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Washington Transportation Start-ups New York 60

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

APRIL 6, 2017

At Innovation Project 2017 , Canadian payment solution company Payment Source snatched the top prize in the category of Best Cash Innovation for its in-person payment network Loadhub. PYMNTS caught up with CEO Trevor Cook after the fact to get the lowdown on what’s coming up next for the in-person payment network. Today, consumers can use Payment Source’s Loadhub service to top off a prepaid card or make a bill or collections payment in person.

Government 55

Government Retail Sales Account 55

PYMNTS

APRIL 5, 2017

Magento , an eCommerce platform, announced on Wednesday (April 5) that it will now support B2B capabilities through the launch of its Magento Digital Commerce Cloud for B2B offering. The digital cloud for B2B companies will handle the complex B2B commerce requirements in order to empower manufacturers and distributors to grow and enhance their businesses.

B2B 55

B2B B2C Manufacturing corporate accounting 55

PYMNTS

APRIL 7, 2017

One of the main drivers in the popularity of distributed denial-of-service (DDoS) attacks among cybercriminals is the favorable cost-profit ratio. Companies that are targeted by this type of extortion can expect to lose thousands, if not millions of dollars, while the perpetrators of the attack can invest as little as $7 an hour to get the attacks off the ground.

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Maine Government 51

PYMNTS

APRIL 7, 2017

A bill that would encourage SMEs to follow cybersecurity guidelines is making its way through Congress as an addition to existing legislation encouraging the same of large corporates. Reports this week said the bill, the Main Street Cybersecurity Act, is an update to the existing Cybersecurity Enhancement Act of 2014 and would seek for the National Institute of Standards and Technology to develop a set of voluntary guidelines for small businesses to mitigate and prevent cybersecurity risks.

Maine 51

Maine Transportation Technology B2B 51

PYMNTS

APRIL 7, 2017

A world without checkout lines and a farewell to the fat wallet were just some of the tantalizing outcomes foreseen as mPOS devices started to make their way into retail stores years ago. Alas, consumers and merchants are still awaiting the realization of the envisioned blissful, wait-free retail utopia that was envisioned a while back. Even as mobile payment technology lets consumers pay with their phones and allows merchants to accept payments away from a cash register, the tech is seemingly s

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Retail Technology Start-ups Sales 49

PYMNTS

APRIL 7, 2017

IPOs may be back for tech and for unicorns. As of this writing on Friday (April 7), Okta looked poised to make gains out of the gate on Friday, with 11 million shares for sale in an offering that had been slated to raise nearly $190 million for the enterprise software firm. And even as deal making got buttoned up, as seen with Cisco and AppDynamics (which was bought for $3.7 billion just before coming public) at the end of last month, the IPO landscape is marked with additional anticipation, as

Sales 49

Sales 49

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

APRIL 7, 2017

Slowly but surely, businesses are starting to realize the importance of offering more data-driven, analytics-driven techniques in order to render more real-time decisions for their customers. No longer is the old “set-it-and-forget-it” approach to decisioning enough. Across various industries and use cases, the interest in data analytics and decision management as a tool for keeping pace with the competition and delivering on customer expectations is growing.

Technology 49

Technology Start-ups 49

PYMNTS

APRIL 6, 2017

At this year’s PYMNTS Innovation Project , Admiral James Stavridis , NATO’s former Supreme Commander, said that one of the biggest points of compromise that cybercrooks exploit is the login. And that for far too long, more focus has been placed on password security and management — accessing information — rather than on the effective protection of digital identities — making sure that only the people who should have access to data or systems, get it.

Account 48

Account accountant accounted Maine 48

PYMNTS

APRIL 5, 2017

InComm, a prepaid product and transaction services company, announced Tuesday (April 4) that InComm Japan is partnering with Tencent FiT, the provider of WeChat Pay services and part of the Tencent group of companies headquartered in Shenzen, China. In a press release , InComm Japan’s POSA network, which connects with more than 50,000 retail stores in the country, will facilitate customer purchases at the point of sale using WeChat Pay-issued barcodes.

Maine 47

Maine Retail Sales Technology 47

PYMNTS

APRIL 6, 2017

Given that counterfeiting is driven largely by the desire for cheap goods, it can be somewhat shocking to see exactly just how high the annual cost of counterfeiting and digital piracy is around the world. According to the latest edition of “Transnational Crime and the Developing World” recently released by Global Financial Integrity (GFI), the global trade value of counterfeit and pirated goods is estimated to generate between US$923 billion to $1.13 trillion annually.

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Pharmaceutical Agriculture Government tax 46

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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

APRIL 7, 2017

Moving large items can be one of the more stressful events in life. Whether it’s time to move into a new apartment or pick up a new toilet at a home improvement store, there are many large items that just do not fit into every car. And sometimes people don’t realize an item won’t fit into their car until they’re already at the store with the purchased item.

Retail 46

Retail Start-ups Sales Technology 46

PYMNTS

APRIL 5, 2017

Staples, the office supplier retailer, is reportedly looking to sell itself. According to a report in The Wall Street Journal citing people familiar with the matter, Staples is in talks with a handful of private-equity suitors. Talks are still in the early stages, and nothing could come of them. The move comes less than a year after Staples failed in its efforts to merge with Office Depot.

Sales 46

Sales Retail 46

PYMNTS

APRIL 6, 2017

Cross-border payments can be rough seas for any company. Data suggests SMEs in particular are struggling to grow internationally because they fear the consequences of a lack of expertise and knowledge in going global, but corporates of any size expose themselves to new risk when entering new markets. The challenges are vast, from being able to reach customers in an unfamiliar territory to running afoul of local regulations.

B2B 45

B2B accounts payable Account accountant 45

PYMNTS

APRIL 4, 2017

Mobile payments might be all the rage in Europe, but they are seemingly far from replacing good old cash. In fact, when it comes to picking a payment method, most European consumers pick cash even over credit and debit cards. According to a recent survey conducted by the European Central Bank (ECB), three-quarters of all point-of-sale (POS) transactions in the Euro zone are paid using cash.

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Sales 45

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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.

Technology

PYMNTS

APRIL 6, 2017

When mPOS solutions started to roll out in retail locations about a decade ago, many predicted a futuristic utopia devoid of long lines and bulging wallets. But these days, that fantasy is still far from reality. Even retailers equipped with mPOS terminals opt not to accept mobile payment, and consumer adoption continues to lag. . But that may be about to change.

Retail 44

Retail Texas Technology New York 44

PYMNTS

APRIL 7, 2017

B2B FinTechs in the U.S. and India seem to be an unshakable force these days. This week, the two countries were the only markets that landed on the B2B venture capital board, with funding landing at SaaS, Big Data and procurement startups across a range of industries, from corporate social media management to marijuana procurement. PYMNTS breaks down the $24 million in venture capital raised.

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B2B Nevada Oregon Colorado 43

PYMNTS

APRIL 7, 2017

High-end retailer Bebe is expecting some major changes as it looks to restructure its business. In a filing with the Securities and Exchange Commission (SEC) on Wednesday (April 5), the specialty women’s apparel chain said it plans to close 21 store locations and will incur an impairment charge of nearly $2 million as a result, CNBC reported. The company will also pay an estimated termination fee of roughly $7.4 million.

Real Estate 43

Real Estate Retail 43

PYMNTS

APRIL 5, 2017

Mastercard announced Tuesday (April 4) that Mastercard cardholders from select banks in the United Arab Emirates (UAE) will now be able use the Samsung Pay service to make payments in a quick and secure way. Mastercard said in a press release the move is part of its efforts to displace cash, spur innovation and drive growth of cashless payments in the UAE.

B2B 43

B2B Technology Sales 43

Advertiser: Paycor

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PYMNTS

APRIL 6, 2017

For technology startups looking to expand their reach, crowdtesting has become a key resource to ensure operability on the global market. FinTech Abra, for instance, looks to change the way people around the world send and receive money. Founded in 2014, Abra now supports more than 50 currencies to help users move money virtually anywhere. Many of the world’s unbanked and underbanked cash holders today rely on informal networks to transact in and transfer funds, said George Chlentzos, Abra’s dir

Technology 43

Technology Manufacturing 43

PYMNTS

APRIL 5, 2017

Apple Pay has added more than 20 banks and credit unions in the United States, as well as two new banks in Russia, that now support the payment service, according to 9to5Mac. This announcement follows the launch of Apple Pay in Taiwan and Ireland, as well as the addition of more than 30 banks and credit unions across the U.S., Australia and China late last month.

Retail 43

Retail 43

PYMNTS

APRIL 6, 2017

Eyeo, the creator of AdBlock Plus, has acquired Flattr, a Swedish startup focused on micropayments, with plans to combine the two technologies so that creators can earn more revenue directly from fans rather than having to rely on other companies for income. According to Ad Week , the acquisition will allow Eyeo to use Flattr’s technology to pay creators for their work, while also decreasing clickbait and creating a “quality shield” around engaging content.

Construction 43

Construction Technology 43

PYMNTS

APRIL 7, 2017

Amazon’s latest employee-boosting ambitions will certainly add to the growing stats of workers working remotely. The online retail giant just announced a plan to create over 5,000 new part-time roles over the next year as part of its Virtual Customer Service program. In a nutshell, the program allows employees to work from home as customer service representatives.

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New Jersey Florida Texas Construction 42

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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

PYMNTS

APRIL 7, 2017

Tencent, the Chinese tech giant, has passed Wells Fargo to become the world’s tenth most valuable public company. According to Fortune , before Tencent, all of the top 10 most valuable public companies were American and did worldwide business, with the list including Alphabet, Amazon, Apple, Berkshire Hathaway, Exxon Mobil, Johnson & Johnson, JPMorgan and Microsoft.

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Gaming 42

PYMNTS

APRIL 5, 2017

Fashion icon Ralph Lauren is finding out the hard way that the retail landscape is changing and not necessarily in his favor. In the age of e-commerce and discounts, it’s becoming harder for brands overall to compete. Consumers seek deals and discounts and care less and less about brand loyalty. Earlier this year, we reported the fashion brand’s departure with its CEO, Stefan Larsson due to creative differences.

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E-commerce New York Maine Retail 42

PYMNTS

APRIL 6, 2017

Amazon’s success with automation has incentivized an industry-wide warehouse robotics boom. Locus Robotics, for instance, was started in 2015 after Quiet Logistics’ robotics supplier Kiva systems was bought out by the online retail giant, said Bloomberg. Today, Locus sells its robotics solutions to DHL Supply Chain, a unit of the largest third-party logistics company in the world.

Technology 42

Technology Retail 42

PYMNTS

APRIL 6, 2017

Unfortunately, there’s no magical crystal ball that can provide a glimpse into the future of retail. Considering all of the new technologies, changing consumer behaviors and innovation taking place across the retail sector, we have no way of knowing exactly what’s coming next. However, a new white paper from Synchrony Financial highlights some of the biggest themes that may take the retail world by storm over the next decade.

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Technology Retail Entertainment Sports 41

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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.

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