PYMNTS
AUGUST 12, 2016
In this week’s edition of PYMNTS’ Weekly Tech Center Roundup , we check out a small country with a huge potential to emerge as one of Europe’s premier FinTech spaces. Before we jump into the post, here are a few quick facts about the Netherlands and its tech scene: . The Netherlands is estimated to have a population of 17 million. The country’s GDP was approximately $880 billion in 2014.
Katz,Sapper&Miller
AUGUST 8, 2016
Katz, Sapper & Miller’s Veterinary Services Group will present at the Veterinary Profit & Value Enhancement Conference, held from August 17-19 at the Hyatt Regency Indianapolis.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
PYMNTS
AUGUST 11, 2016
The term “ Internet of Things ” has become a big buzzword in business lately, but what exactly is it and why might it shape the future of the retail industry? Simply put, think of the Internet of Things as an “interconnected ecosystem of internet-enabled objects,” according to eMarketer. So, things like your mobile device and tablet are part of the Internet of Things.
PYMNTS
AUGUST 10, 2016
Banks across the globe have invested resources into exploring blockchain technology, and that includes in Canada. But this year, the nation thrust itself into the center of the movement that looks to turn blockchain theory into reality when, in July, Canadian bank ATB Financial successfully sent money to a German bank via blockchain technology — in just 20 seconds.
Advertiser: Paycor
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.
PYMNTS
AUGUST 12, 2016
First, it was Oracle Corp. and its MICROS customers that were getting hacked, and now, it appears more cash register vendors are falling victim to hacks that were allegedly conducted by the same Russian organized cybercrime group. That’s according to Forbes , which said it was informed by five cash register providers of the breach. According to the report, in the last month, Cin7, ECRS, Navy Zebra, PAR Technology and Uniwell were all hacked.
PYMNTS
AUGUST 12, 2016
The coming ascendence of augmented reality and virtual reality have long been article fodder for tech enthusiasts, gamers and retail watchers alike. And for good reason – the story of virtual and augmented reality makes for some great copy. Oculus Rift rose from being a plucky crowdfunded upstart to a $2 billion dollar acquisition by Facebook – a deal that Marc Zuckerberg touted at the time as a first step toward using AR/VR tech to connect the entire world in wholly different ways.
Accountant Advocate brings together the best content for small business accounting professionals from the widest variety of industry thought leaders.
PYMNTS
AUGUST 12, 2016
That question has become the bane of eCommerce’s existence and one that numerous retailers have been trying (and failing) to solve. In 2014 alone, about $4 trillion in merchandise was simply abandoned and never purchased in online shopping carts by consumers. Breaking that number down even further, the online shopping cart abandonment rate is 61 percent on desktop, 71 percent on tablets and 81 percent on mobile.
PYMNTS
AUGUST 12, 2016
Procure-to-pay tools have embraced the cloud, landing the enterprise with an automated solution to track spend. The purpose of automation, largely, is to boost visibility into where corporate dollars are going. But with all of those eInvoicing and spend analytics tools out there, a few things are missing. Purchase order modules and accrual management tools are rare breeds in the procure-to-pay automation services space, according to Ben Portusach, CEO of Accrualify.
PYMNTS
AUGUST 12, 2016
Sure, most of us want to dress as much like our favorite celebrity as possible, but matching the sartorial choices of people who employ armies of stylists is not an easy thing to do. You could pay the Kardashians to tell you how to dress on their app, but what if your goal is to be styled like Taylor Swift? Well for you — and all the other customers in the world with a hankering to add more celebrity wow factor to their clothing — there is Crave.
PYMNTS
AUGUST 10, 2016
Millennials just aren’t wearing jeans any longer. You might notice the trend in the streets, as more and more millennials are switching up the look of traditional denim jeans for stylish (and far more comfortable) sweatpants or yoga pants from Lululemon, Nike or Under Armour. And it’s a trend that is definitely starting to manifest itself on retail shelves as well, as a recent study by Synchrony Financial found that 80 percent of those surveyed said that they have worn “athleisure” clothing — de
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
AUGUST 10, 2016
In something of a Team of Rivals move – the biggest baks in the United States are teaming up to take on the ever increasing population of cybercriminals trying to hack them. Involved in the partnership are J.P. Morgan Chase & Co., Bank of America Corp. and Goldman Sachs Group Inc., among others. The early goals of the group will be around information sharing – and making sure that a threat that appears against one (or a few) entities can be contained quickly through knowledge.
PYMNTS
AUGUST 10, 2016
What have the powerhouses Starbucks and Airbnb managed to do better than anyone else? Establish customer intimacy, according to Bill Clerico, CEO of WePay. Clerico has built WePay from the ground up through his innate love of people and by building relationships with customers to provide them with a payments platform that is exactly what they want and need.
PYMNTS
AUGUST 10, 2016
Computer hacks of corporate systems are on the rise, and while KPMG found 80 percent of organizations have confirmed their systems have been hacked, only half spend the money and time to invest in cybersecurity. According to KPMG’s Consumer Loss Barometer report, eight out of 10 companies said they have been hacked or compromised by a cyberattack during the last two years, but of the 403 CIOs, CISOs and CTOs surveyed, only half said they invested in technology to keep the bad guys out.
PYMNTS
AUGUST 12, 2016
While the FinTech industry is exploring the potential of blockchain technology, some are taking another path and exploring how another distributed ledger, Ethereum, could also make disruptions. One group of Ethereum developers said they have successfully completed the first-ever transactions that are off-blockchain. A payment was made from Denmark to India on Ethereum, initiated by the developers behind Raiden.
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
PYMNTS
AUGUST 6, 2016
Most people will never once think about their SAT score once they’ve submitted it to the college of their choice. But for a brief but highly meaningful amount of time , most budding American college students (and their parents ) stress big time about taking the SAT tests. It’s a very, very big deal since it is more or less the standardized test that will determine where that kid will go to college.
PYMNTS
AUGUST 12, 2016
Enterprise services firm Hexaware and smart process automation company WorkFusion are linking up to bring automated service to corporations using artificial intelligence. An announcement on Thursday (Aug. 11) said the two businesses will combine their specialties to help the enterprise become more productive and agile while reducing costs. “This collaboration is a strong reinforcement of our commitment to deliver workplace-transforming technologies to our customers using Digital Managed Se
PYMNTS
AUGUST 10, 2016
Big Data management firm MapR is looking to go public, but before it does, the company announced a big funding round. Reports on Tuesday (Aug. 9) said MapR Technologies raised $50 million from several big-name backers. It was led by Australia-based Future Fund, according to reports, with additional participation from existing investors Google Capital, Lightspeed Venture Partners, Mayfield Fund, New Enterprise Associates, Qualcomm Ventures and Redpoint Ventures, reports by TechCrunch said.
PYMNTS
AUGUST 10, 2016
Alternative lending was born from a lack of big bank financing for small businesses in the wake of the financial crisis. But according to the latest figures from Biz2Credit , neither big banks nor alternative lenders are doing so hot in terms of SME loan volume. The latest report of its Small Business Lending Index , released on Tuesday (Aug. 9), revealed that big banks — those with more than $10 billion in assets — reduced their small business lending volumes in July 2016.
Advertisement
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.
PYMNTS
AUGUST 10, 2016
Who doesn’t want an investment that’s insulated from external events, while also offering them a high probable return on their investment? LexShares , according to CEO and Cofounder Jay Greenberg, does that and in a pretty counterintuitive way. Well, if you have an appetite for throwing money into a marketplace that lends money to plaintiffs in exchange for the promise that they’ll not only have their day in court but win.
PYMNTS
AUGUST 12, 2016
The FAIR Institute , a nonprofit aimed at developing standard information risk management practices, announced on Thursday (Aug. 11) it teamed up with the National Institute of Standards and Technology (NIST) to publish a new resource to help enterprises and government organizations enhance their cybersecurity risk analysis , reporting and decision-making.
PYMNTS
AUGUST 10, 2016
Employee travel has been an area of innovation and technological advancement in recent times, but the space is far from where it should be, according to Runzheimer. The company, which provides services for businesses with a mobile workforce, published new analysis on where businesses are falling short when it comes to managing their traveling employees and the corporate money they spend.
PYMNTS
AUGUST 9, 2016
Security researchers have identified the once unknown hacking group behind a malicious malware called Remsec. Reuters reported on Monday (August 8) that the newly discovered group has been around since 2011 and is linked to cyber espionage attacks in various countries around the world. “The group has maintained a low profile until now and its targets have been mainly organizations and individuals that would be of interest to a nation state’s intelligence services.
Advertisement
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.
PYMNTS
AUGUST 12, 2016
It’s never been easy to work in retail, but 2016 has been a particularly tough time for retail workers since the only thing tougher than working in retail, is to suddenly find oneself not working in retail. According to Challenger, Gray & Christmas, a job placement firm with an unexpectedly jolly name, more than 43,600 layoffs have been announced in the retail sector so far this year.
PYMNTS
AUGUST 12, 2016
While the focus of the 2016 Olympic Games is on the athletes and their remarkable feats, there is also a monumental yet under-the-radar task currently underway that involves auctioning off and processing global buyers’ payments for hundreds of thousands of items from Olympic villages and venues in Rio. An online marketplace has been established to sell bulk quantities of items, ranging from furniture to fixtures, used by athletes staying at the Rio Olympic and Paralympic villages.
PYMNTS
AUGUST 12, 2016
The North Indian state of Haryana wants to help its rural farmers go digital when selling to businesses. Reports by Business Standard on Thursday (Aug. 11) said Haryana Food and Supplies Minister Karan Dev Kamboj will empower farmers to sell their crops online. The announcement will position these farmers with an eProcurement facility ahead of the paddy procurement season.
PYMNTS
AUGUST 9, 2016
The Force is strong with toy sales , apparently. Buoyed by the success of the latest Star Wars movie released just before Christmas, “Star Wars: The Force Awakens,” sales of Star Wars toys have been leading a bullish toy industry, which is poised to post its best numbers since 1999, and there’s still months to go in the year that will be capped off with the biggest toy shopping season of them all — Christmas.
Advertiser: Paycor
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.
PYMNTS
AUGUST 12, 2016
Some sanguine news comes from Fitch Ratings regarding the state of the U.S. credit arena, as evidenced by card usage and payments. The firm said the performance of U.S. credit card ABS (that means asset-backed securities, which are fixed-income vehicles offering up cash flow from pooled credit card accounts) are performing nicely, with payment rates tied to a Fitch index on the upswing.
PYMNTS
AUGUST 12, 2016
The fallout from the Bitfinex hack , which cost the digital exchange $72 million, has customers losing 36 percent of the assets that they held on the digital platform. Bitfinex has attempted to appease those affected by offering tokens of credit that can be redeemed by Bitfinex or its parent company, iFinex. Consumer confidence will not be bolstered by the news that no one seems to have any idea of the techniques used by the hackers or, at least, Bitfinex and other experts are not admitting that
PYMNTS
AUGUST 11, 2016
A new study found that customers who use self-service checkout lanes are twice as likely to shoplift items than those that don’t, according to The New York Times. Professors at the University of Leicester in England studied nearly 12 million shopping trips from 2013 to 2015 in the U.S., Britain and other parts of Europe and discovered that self-check lanes offered “ready-made excuses” for customers to take merchandise without paying for it.
PYMNTS
AUGUST 10, 2016
Health care companies hold the keys to a lot of sensitive consumer data, and a hack of that data could open up a can of worms. That could be the case with 12 health care payers, who are at risk of being hacked after a health care vendor was compromised. According to a report , which quoted a spokesperson for Newkirk Products, the vendor that was hacked, the cyberattack may have impacted around 3.3 million.
Advertisement
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.
Expert insights. Personalized for you.
75 
Let's personalize your content