Sat.Nov 09, 2019 - Fri.Nov 15, 2019

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Best Practices to Prepare for Client Meetings

PASBA

Whether you’re planning a business meeting with a client in person or by using technology, it’s essential that you come to the session prepared. Every meeting should have an agenda that outlines who will attend the meeting and the purpose for holding it. The agenda should also include what each person plans to discuss. As a courtesy to clients, consider sending the agenda at least a week in advance to see if there is anything they would like to add or change.

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MoneyGram, Wing Team Up On Cambodian Digital Wallet 

PYMNTS

MoneyGram has announced a partnership with Cambodian bank Wing on a digital wallet venture that will allow funds to be deposited directly into customers’ accounts. “With 80 percent of our online transactions being made on a mobile device, we are looking to provide even more options for our customers using our digital platforms,” said MoneyGram President and CEO Alex Holmes.

Account 101
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Best States to Practice Dentistry In

DentalAccounting

According to 24/7 Wall Street, a career in dentistry provides a median salary more than quadruple all professions. That’s right, the median salary for a dentist is $156,240. To take this a step further, the best states for dentistry might surprise some of you. When you factor in variations in dental insurance coverage, frequency of visiting a dentist, quality of life, cost of living and more factors, then the best states to practice dentistry are: 1.

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Construction Industry Seminar: Fraud and Embezzlement

Katz,Sapper&Miller

Katz, Sapper & Miller’s Andrew Goodman will speak at the AssuredPartners Construction Industry Seminar. Taking place Nov. 19 in Indianapolis, the seminar brings construction professionals together to discuss trending topics in the industry including the legal, financial, and operational risks that construction firms face.

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Mid-Year Review: How to Ignite Employee Potential Through Meaningful Feedback

Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.

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Find Your People – How to Identify Your Ideal Customer

SingleTrackAccounting

At Singletrack Bookkeeping , our ideal customers are “mountain people” (a concept, an attitude – not necessarily a physical location): they are positive people, they love fresh air and the great outdoors, they work hard and then go play harder. They are driven and want to be in control of their own future, and maybe we’re a little weird…and definitely want it all.

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Visa: Using AI To Separate The Good, Bad — From Billions Of Daily Transactions

PYMNTS

Three billion credit and debit cards. More than 100 billion transactions, worth more than $11 trillion. That’s the payments volume running over Visa ’s global network, a network whose vast global expanse is a tempting playground for cyberthieves. Visa’s cybersecurity team, as Chief Information Security Officer Sunil Seshadri told Karen Webster, also logs as many as 8 billion security events every day — that’s billion with a “b.

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BlackBerry On 5G And The IoT Security Problems That Must Be Fixed

PYMNTS

IoT providers have hit an innovation streak in recent years, utilizing increasingly sophisticated technologies such as artificial intelligence (AI) and data tools like machine learning (ML) to rapidly expand the world of connected things. 5G’s rise will only compound this growth, adding crucial support for future devices. Providers must still keep watchful eyes on their 5G devices’ security measures, according to Sarah Tatsis, vice president of the Advanced Technology Development Labs business u

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TikTok Enters eCommerce With In-App Shopping Links

PYMNTS

The popular video app TikTok is testing out a new feature that will give certain video creators the option to add links to videos for eCommerce purposes, according to a report by The Wall Street Journal. The move would allow the growing app to earn an additional stream of revenue outside of advertising. Right now, the new feature is only available to a few top creators.

Retail 71
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FTC Probing Visa, Mastercard About Debit Card Practices

PYMNTS

U.S. antitrust regulators are investigating Visa and Mastercard about their debit card policies, Bloomberg reported on Thursday (Nov. 13). The Federal Trade Commission (FTC) is talking to large merchants to discover if some retailers are being blocked from routing digital payments over alternative debit networks, sources told Bloomberg. The inquiry could spell fresh regulatory trouble for the world’s two largest payments processors, which settled a protracted European Union antitrust probe in Ap

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NEW REPORT: With 5G Anticipation Building, Security Threats Loom

PYMNTS

The 5G network is rapidly being deployed in markets around the world, and the advance of the network could mean profound changes for the Intelligence of Things (IoT) ecosystem. Two-thirds of businesses have plans to develop new tools and technologies that will leverage 5G by 2020. The IoT world has been looking to the launch of 5G for some time now, with providers, manufacturers and even end users anticipating how it could change the ways they interact with smart devices.

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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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Tim Armstrong: Nike’s Departure From Amazon Could Lead To DTC ‘Megatrend’

PYMNTS

Earlier this week, Nike announced it will no longer sell its wares on Amazon, instead opting to follow a growing trend in eCommerce where companies sell directly to consumers (DTC). On Friday (Nov. 15), internet entrepreneur Tim Armstrong said Nike’s move was the “tip of the iceberg,” and that an increasing number of companies will opt to ditch Amazon and sell their products themselves, according to a report by CNBC.

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Mesh Eyes Virtual Cards For Global B2B Payments

PYMNTS

Though credit cards were not originally designed to address the needs of corporate payers, advances in commercial card technology have positioned the payment tool as one that’s gaining traction in the accounts payable department. The ability to pay suppliers more quickly, without letting go of an extra few days of capital float, is quite attractive to both vendors and corporate buyers.

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TCH Gives Banks An Open Banking Template

PYMNTS

Against the backdrop of Open Banking, and in an effort to compete, financial institutions (FIs) must give consumers the ability to share their data with third parties, including FinTech firms. FIs, in turn, must also protect the security and integrity of that data, while giving consumers a sense of control over how and where it’s being used. That’s been a tough line for most FIs to walk, Dave Fortney, executive vice president of product management and strategy at The Clearing House (TCH), told K

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Google To Team With Banks To Offer Consumer Checking Accounts

PYMNTS

Google is planning to launch consumer checking accounts next year in partnership with Citigroup and Stanford University, The Wall Street Journal (WSJ) reported on Wednesday (Nov. 13). Code-named Cache, the accounts will be handled by Citigroup and a credit union at Stanford University. The branding will reflect the financial institutions and not Google.

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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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Zillow: Tackling Real Estate’s $1.6T Money Laundering Epidemic

PYMNTS

Governments are tightening know your customer (KYC) and anti-money laundering (AML) requirements on various industries out of increasing concern over fraud threats. Cryptocurrency companies that previously let customers remain anonymous will have to change their tunes in some countries, as will online gambling sites that provided fast onboarding at the expense of rigorous identity verification approaches.

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Why The 2020s Will Be The Logistics Decade

PYMNTS

Amateurs talk tactics, while professionals worry about logistics. That’s a variation of an old saying common to people who study military matters, but it certainly applies to the world of digital payment and commerce. After all, as Guy Bloch, CEO at delivery logistics platform Bringg explained in a new PYMNTS interview, consumer expectations for quick and accurate deliveries are expanding to all types of products, not just food deliveries or shipments made via Amazon Prime and other services.

Retail 63
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NEN Widens USAT Partnership For Cashless Payments Growth

PYMNTS

Cashless payments firm USA Technologies (USAT) is expanding its partnership with amusement kiosk operator National Entertainment Network (NEN) to bring expanded cashless payment options to more vending machines and devices, the companies announced in a press release on Friday (Nov. 15). NEN will utilize USAT’s NFC-capable ePort Connect cashless payment platform on 5,000 additional vending machines over the next year.

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Apple Opposed To Germany’s New Mobile Pay Law

PYMNTS

Apple criticized German lawmakers’ vote to pass new legislation that would force it to open up its mobile payment system to rival providers, Reuters reported on Friday (Nov. 15). The German Parliament passed new measures on Wednesday night (Nov. 13) to bring the country in line with European Union directives on money laundering. The law was added as an amendment to a bill regarding anti-money laundering (AML) measures.

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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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Walmart Develops Blockchain Freight Payment Network

PYMNTS

Walmart Canada has developed a blockchain-based network to facilitate logistics operations and payments, the company announced in a press release Thursday (Nov. 14). In collaboration with blockchain technology firm DLT Labs, Walmart Canada announced the development of a freight and payment network that allows participants on the platform to gain visibility into various logistics processes, including delivery tracking, transaction verification, and payments and reconciliation automation between W

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Ex-Uber Employees Launch Cloud Kitchen Startup

PYMNTS

A group of former Uber employees has started a cloud kitchen business to rival that of former Uber CEO Travis Kalanick, who made the news recently with his own similar business CloudKitchens, according to reports. The startup, which is located in Oakland, California, aims to facilitate food deliveries for nearby restaurants that receive high volumes of orders from delivery companies like Uber Eats.

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How SMBs’ Digital Banking Demands Change The KYC Challenge For Banks

PYMNTS

While small businesses often struggle with a lack of integrated digital tools from their traditional financial service providers, the friction in small business banking is often acute even before an SMB opens an account. The onboarding process can pose major headaches for small businesses in an ecosystem where online and mobile banking are in demand, yet not always available at the caliber banking customers have come to expect.

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PayPal’s Xoom Launches US Money Transfers To Walmart, Ria Locations

PYMNTS

Xoom , PayPal ’s international money transfer service, announced that customers will be able to send money to recipients in the U.S. for the first time via strategic alliances with Walmart and Ria. PayPal’s international money transfer service can potentially benefit more than 44 million foreign-born people in the U.S. who send money to family and friends in their home countries.

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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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How Humans, Machines Can Join Forces To Catch Payments Fraud

PYMNTS

To catch payments fraud, man and machine must work together. To that end, PSCU said last month that it has chosen NICE Actimize to modernize disputes management with the latter’s ActOne Extend — billed as an automated, artificial intelligence (AI)-powered investigations and case management platform. The companies said at the time of the announcement that ActOne Extend will help centralize PSCU’s dispute management platform through the use of AI, machine learning and robotic process automation (R

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Why FATF’s New Digital ID Report Will Be A Boon For Payments

PYMNTS

The timing seems about right. As a brand-new decade looms – one that promises great strides for digital payments and commerce – digital ID, already on the ascent, is getting a big seal of approval from an influential global group. The approval serves as a signal that digital ID efforts are ready to grow up in the new decade, so to speak, and also to do more heavy lifting when it comes to financial inclusion.

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NJ: Uber Owes $650M In Taxes After Misclassifying Drivers

PYMNTS

New Jersey’s Department of Labor and Workforce Development claims that Uber owes the state around $650 million in unemployment and disability insurance taxes because it has been wrongly classifying its drivers as independent contractors. The department recently sent letters to Uber and its subsidiary Rasier, informing the companies that they owe $523 million in past-due taxes over the last four years, as well as $119 million in interest and penalties on the money owed.

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New Data: How Subscription Box Merchants Can Contend In The Amazon Age

PYMNTS

Consumers can access a wide range of retail products through subscription boxes, including meal kits, pet supplies and beauty items — to name a few options. These services are highly popular, with an estimated 41.2 million American adults subscribing to some type of subscription retail product offering. The subscription box market is filled with familiar brand names like Blue Apron, Dollar Shave Club, Loot Crate and Stitch Fix, but one name holds a commanding share in consumer retail products: A

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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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Caskey & Daily Joins Katz, Sapper & Miller

Katz,Sapper&Miller

Katz, Sapper & Miller (KSM), a leading accounting and consulting firm, announced today that Indianapolis-based Caskey & Daily, P.C. has joined the firm.

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The Challenges Challenger Banks Must Overcome To Compete

PYMNTS

Challenger banks — financial firms offering something much like banking services, and looking to compete with old-school banks — are a new idea. The basic structure that underlies them is not. As Ingo Money CEO Drew Edwards noted in a recent conversation with Karen Webster, the model that most so-called challenger banks offer is basically a variation on an old theme.

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Facebook And Google Payments Efforts Top Week’s News

PYMNTS

Welcome to the PYMTS Weekender, where we recap the week’s biggest development in payments and commerce. This edition includes news about Facebook’s new payments push, Amazon’s new robotics plan and why Google is working more closely with financial institutions. The Weekender also includes the latest original research from PYMNTS. Top News. Facebook Launches ‘Facebook Pay’ For Cross-App Payments.

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‘Travel Rule’ To Force Crypto Exchanges To Share Customer Data

PYMNTS

The director of the Financial Crimes Enforcement Network (FinCEN), Kenneth Blanco, said on Friday (Nov. 15) that the U.S. government is going to strictly oversee the implementation of rules that would force crypto exchanges, marketplaces and digital wallets to identify their customers when they do transactions over a certain monetary threshold, according to a report by Reuters.

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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.