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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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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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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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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How to Build the Ideal HR Team

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.

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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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Nike To Pull Product Listings From Amazon

PYMNTS

Nike announced that it is parting ways with Amazon and will no longer sell its products on the eCommerce marketplace, ending a pilot program that began in 2017, The Wall Street Journal (WSJ) reported on Tuesday (Nov. 12). The sneaker and sports apparel company said it is going forge new retail partnerships and concentrate on its direct business. For many years, Nike opted out of an Amazon partnership due to concerns that it would weaken the brand.

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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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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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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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Planning Your Restaurant's Path to Profitability

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.

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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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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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Apple To Pull All 181 Vaping Apps From App Store

PYMNTS

Apple is pulling all 181 vaping -related apps currently available on its App Store as health concerns mount over vaping-related illnesses and 42 vaping-related deaths, Axios reported on Friday (Nov. 15). The App Store has never allowed the direct sale of tobacco or vaping cartridges, but the ban applies to apps that offered vaping-related games, social communities and other content. “We take great care to curate the App Store as a trusted place for customers, particularly youth, to downloa

Gaming 62
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How Automation is Driving Efficiency Through the Last Mile of Reporting

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

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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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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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No-Code Technology: The Key to Unlock the Future of Your Business

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.

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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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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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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

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.

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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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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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Recruit and Retain New Blue-Collar Talent

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.

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Instagram To Enable In-App Nonprofit Donations

PYMNTS

Facebook is adding three new features throughout its platforms to help with fundraising efforts, the most visible of which is a donate button that nonprofits will have on their Instagram profiles, according to a report by The Verge. Facebook is also adding a fundraising sticker to Facebook stories, and fundraising on live gamer streams. The button for nonprofits will be on the profile next to where phone numbers are listed.

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Facebook Launches ‘Facebook Pay’ For Cross-App Payments

PYMNTS

Facebook has announced the launch of Facebook Pay , a payment system meant to operate through Facebook, Instagram , Messenger and WhatsApp. “People already use payments across our apps to shop, donate to causes and send money to each other,” the company said. “Facebook Pay will make these transactions easier while continuing to ensure your payment information is secure and protected.”.

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Amazon Makes Another Grocery Play Via Delivery

PYMNTS

As it seeks to build its power in the grocery sector, Amazon reportedly is lowering its prices for grocery delivery in Germany, according to a report from Reuters. According to the report, “Amazon said it would cut the monthly membership fee for fresh deliveries in Germany to 7.99 euros ($8.80) from 9.99 euros and also reduce the additional delivery fee for orders worth less than 40 euros to 3.99 euros from a previous 5.99 euros.

Sports 55
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Rapyd FinTech Announces Single Cashless Platform In Singapore

PYMNTS

Global FinTech Rapyd announced that it has launched a single platform in Singapore that enables businesses to go cashless. The company has partnered with key players on “Singapore Platform,” which will allow consumers and businesses to make payments electronically, convert cash to electronic payment methods or receive funds instantly. “I am thrilled to be able to bring the Singapore Platform to life for merchants and consumers.

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Join the Instant Payment Revolution: Read 7 Must-Know Facts for Small Businesses

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.