PYMNTS

DECEMBER 13, 2019

The holiday season is in full swing. That means opening up wallets and purses at the point of sale, which often means paying with cash … and cash? Well, that means trips to the ATM. For fraudsters, armed with new technologies, the ATM is fertile ground for fraud. In an interview with PYMNTS, David Phister, director of systems security product management at Diebold Nixdorf , said that when it comes to combatting fraud, “holiday seasons are always tough.

Technology 90

Technology Retail Sales 90

Katz,Sapper&Miller

DECEMBER 11, 2019

KSM invests in our communities because we believe it is the right thing to do. While we give back in a variety of ways, both as a firm and as individuals, KSM’s annual Community Day is an opportunity for our team to make a meaningful impact over the course of one work day.

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Patriot Software

DECEMBER 10, 2019

It’s not unheard of for business owners to hire their family members. In fact, approximately 90% of U.S. businesses are family-owned or controlled. With so many other businesses hiring relatives, you might be itching to do the same. Before hiring family members, find out your employer obligations, steps to onboard a relative, and the pros […].

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payroll 60

MazumaBusinessAccounting

DECEMBER 10, 2019

Here at Mazuma, we know financial statements are important for running a small business. There are three basic financial statements; the balance sheet, income statement, and the statement of cash flow. A balance sheet is a description of a company’s assets, liabilities and equity at a specific point in time. This is a snap shot of the business of what it owns, owes, and the amount of investments it has.

financial statements 59

financial statements bookkeeping business accounting Account 59

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

DECEMBER 12, 2019

Executives at Home Depot said opioid addiction in the U.S. might be part of the reason for a recent escalation of thefts in its stores, Bloomberg reported on Wednesday (Dec. 11). . An organized band of thieves are swiping merchandise totaling millions and stowing the goods in warehouses, the company said. The thefts — which retailers call shrink — will result in lower operating profit margins in 2020, Home Depot executives told analysts and investors during a meeting.

Technology 80

Technology New York accounting and finance Retail 80

SingleTrackAccounting

DECEMBER 13, 2019

Lean By Default. Lean by default is a mindset that you can use as a true north while making business decisions. But how do you go about being “lean?” A lean mindset doesn’t always mean being lean with money. It is also about being smart about your time, resources and decision making process. There are lean steps you can take to make starting a business less risky and financially intensive.

bookkeeping 52

bookkeeping Start-ups Gaming Tax 52

Katz,Sapper&Miller

DECEMBER 11, 2019

Katz, Sapper & Miller’s Construction Services Group will host a Viewpoint Construction Software® Local User Group Meeting Feb. 11 in Indianapolis.

Construction 54

Construction 54

PYMNTS

DECEMBER 11, 2019

The interchange fees associated with commercial card acceptance are the latest target of commercial card optimization company Revolution Payments, which announced a new service designed to further reduce that burden on business-to-business (B2B) suppliers. In a press release Wednesday (Dec. 11), Revolution Payments announced its interchange optimization service to help B2B companies reduce interchange fees by optimizing Level 3 data processing.

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B2B 73

PYMNTS

DECEMBER 12, 2019

Though the U.S. continues to take significant steps toward a faster payments ecosystem , the market undoubtedly lags behind others across the world in the path toward real-time payments ubiquity. There are a variety of reasons why this is the case, which stem beyond one of the most common explanations — that the U.S., unlike markets like the U.K. and Europe, lacks the same government push for change, and in some cases, mandatory changes.

Government 72

Government B2B Technology Tax 72

PYMNTS

DECEMBER 12, 2019

The company behind QuickBooks , Intuit , announced it is releasing an expanded suite of online payroll offerings to help small to medium-sized businesses (SMBs) automate payroll and tax filing, according to a press release. The suite has built-in tax penalty protection and helps with access to services like human resources (HR), benefits and compensation for injured workers.

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quickbooks payroll payroll tax Tax 71

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

DECEMBER 9, 2019

Almost everyone has experienced a quick food run that turned into a 45-minute ordeal, but such delays are bad news for both quick-service restaurants (QSRs) and patrons. Long drive-through lines can overwhelm employees and frustrate customers, occasionally irritating the latter enough that they leave without making purchases. It is no wonder that so many big-name QSRs are turning to the latest digital technologies to tackle this problem. .

Technology 71

Technology 71

PYMNTS

DECEMBER 12, 2019

When Visa launched a contactless payments pilot with New York’s Mass Transit Authority (MTA) seven months ago, the company started small, and with modest goals. This “public pilot” made contactless payments available on a few train lines, and only at 16 stations, including Grand Central Station and Union Station. A bit of caution was well warranted, as Visa’s Global Head of Contactless Payments Dan Sanford told Karen Webster in a recent discussion, given the massive size of the New York public t

New York 66

New York Transportation Start-ups Technology 66

PYMNTS

DECEMBER 9, 2019

FlexPay, a Montreal-based FinTech company that uses artificial intelligence (AI) and machine learning to aid merchants in recouping revenue lost from falsely declined transactions, has raised $6 million in a funding round, according to a release. The round was led by Impression Ventures, with BMO Capital Partners, Anges Québec and other strategic partners also participating.

Start-ups 66

Start-ups Sales 66

PYMNTS

DECEMBER 9, 2019

Trucking is a major American job sector, as 3.5 million professional truck drivers traverse a collective 400 billion miles annually to power both brick-and-mortar and eCommerce shopping experiences. However, transporting shipments from coast to coast presents a host of challenges. Trips may last for days, and truckers must pay for everything from food and fuel to repairs.

Transportation 65

Transportation Expense Management Spend Management accounting and finance 65

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

DECEMBER 10, 2019

Nike has been awarded a patent by the U.S. Patent Office for the sneaker company’s new blockchain-compatible sneakers, which are called “CryptoKicks,” according to reports. The CryptoKicks will be attached to a system that will use blockchain to attach digital assets to the actual shoes. Nike’s plan is to be able to track the ownership and legitimacy of the item using the blockchain system.

Manufacturing 65

Manufacturing Retail 65

PYMNTS

DECEMBER 10, 2019

Doconomy and Mastercard are partnering to combat climate change by giving any Mastercard issuer the ability to enable their cardholders to monitor the carbon footprint of their purchases, as announced in a press release on Tuesday (Dec. 10). “Today, the first bank in the U.S. and Nordea in the Nordics announced they will join The Bank of Åland in enabling clients to track and measure their CO2 impact through the Åland Index,” noted the release. “Addressing climate change is bigger than any

Retail 64

Retail 64

PYMNTS

DECEMBER 10, 2019

A new report from Barclays Capital about transportation in New York City says Uber and Lyft can achieve profitability in the future despite their poor initial public offering (IPO) showings this year, according to a report by Bloomberg. . Barclays analysts Jeffrey Meli, Adam Kelleher, Ryan Preclaw and Ross Sandler all said the ride-hailing apps are in a good position to eventually be profitable.

Transportation 63

Transportation New York Tax 63

PYMNTS

DECEMBER 8, 2019

Social media giant Facebook is selling Oculus Medium, its virtual reality sculpting tool, to Adobe , reports revealed on Saturday (Dec. 7). . Oculus Medium is an immersive 3D sculpting tool used in filmmaking and video games. Facebook bought the tech and VR firm for $2 billion in 2014 and launched Medium two years later. The terms of the deal were not shared by either of the companies. .

Technology 61

Technology Gaming Sales 61

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PYMNTS

DECEMBER 12, 2019

Yooz , a company that provides a cloud-based purchase-to-pay automation solution for companies, has announced a partnership with Microsoft , according to a press release. The partnership will combine Yooz’s paperless accounts payable technology with the Microsoft Azure cloud system to help companies automate their accounting processes and increase efficiency.

AP Automation 60

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PYMNTS

DECEMBER 9, 2019

General Motors announced that it is partnering with Korea’s LG Chem to mass-produce battery cells for future battery-electric vehicles. The companies will together invest up to $2.3 billion through a new, equally owned joint venture company, which will establish a battery cell assembly plant on a greenfield manufacturing site in Northeast Ohio.

Ohio 60

Ohio Michigan Manufacturing California 60

PYMNTS

DECEMBER 12, 2019

It’s been said that the holy grail of commerce is data. Even that holy grail has a holy grail — where data is accessible and usable in real time. Payments are becoming increasingly invisible, embedded in the consumer experience offered by merchants. Consumers view payments as part of their experience, regardless of what setting they might be in — whether online or in-store — or what device they may hold.

Retail 59

Retail Sales Account accountant 59

PYMNTS

DECEMBER 12, 2019

The U.S. Securities and Exchange Commission is turning its attention to a lack of transparency within corporates’ investor disclosures as more businesses use supply chain financing. Reports in Bloomberg Tax this week said SEC Corporation Finance Deputy Chief Accountant Lindsay McCord spoke Tuesday (Dec. 10) during the American Institute of CPA’s (AICPA) annual conference, held in Washington D.C.

Finance 58

Finance accounting and finance financial statements Washington 58

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Technology

PYMNTS

DECEMBER 11, 2019

When it comes to lending — to say nothing of the wider world of payments — innovation and disruption have been on the rise in recent years thanks to digital and mobile technology, along with online marketplace models. That doesn’t mean it’s been easy. So-called peer-to-peer (P2P) lending has certainly faced challenges in certain markets. But in a new PYMNTS interview on Tuesday (Dec. 10), Craig Moore, CEO of business financing platform Beehive , not only made the case for more P2P lending in th

Finance 57

Finance Government Technology 57

PYMNTS

DECEMBER 11, 2019

Since the rise of M-Pesa in 2007, mobile money wallets have become prevalent across Africa. And while that addition to the market has made many things possible for consumers in formerly cash-locked economies, there has been a persistent problem of limitations for users once they want to transact outside their home environment. Because their mobile money wallets lack a virtual or physical network credential associated with them, in general they can not work with international use cases.

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Account accountant accounted 57

PYMNTS

DECEMBER 11, 2019

Beijing Daxing International Airport has been incorporating facial recognition software more and more, and it’s being used to do everything from identifying passengers to purchasing items from the duty free store, according to a report by Bloomberg. China has been upping the ante on places that use the technology, including train stations, customs and of course, the airport.

Technology 57

Technology 57

PYMNTS

DECEMBER 9, 2019

Goldman Sachs is planning to launch digital wealth management services to customers with as little as $5,000 in 2020. The company is also planning to launch a robo adviser next year, offering a solution for clients with as little as “$5,000, $10,000 or $15,000” to invest, Joe Duran, founder of the United Capital wealth management firm that Goldman acquired earlier this year, told The Financial Times.

Start-ups 57

Start-ups Account accountant accounted 57

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

DECEMBER 13, 2019

Travel was the original impetus behind the sharing economy, with platforms like Airbnb opening up private houses for vacation rentals and Uber catering to those needing rides to work or home. This segment has expanded, but the business model and target customers remain roughly the same: younger consumers with money to burn. What this demographic wants out of peer-to-peer (P2P) marketplaces is changing, however, as more millennials become fully active members of the working world.

accounting and finance 56

accounting and finance Technology Start-ups Finance 56

PYMNTS

DECEMBER 8, 2019

European banks have been forced to slash more than 60,000 jobs as they face falling profitability, The Financial Times reported on Saturday (Dec. 7). Lenders across Germany, the U.K., France, Spain and Switzerland have suffered due to Brexit, slowing economic growth, increasing regulations and the European Central Bank’s negative interest rates. The workforce at Europe’s 10 largest banks is down to 1.1 million people, a fifth lower since 2008.

audit 56

audit 56

PYMNTS

DECEMBER 9, 2019

Real estate accounts payable (AP) solution provider Nexus is expanding its partnership with MRI Software to integrate supplier payment functionality within MRI’s real estate solutions. In a press release issued Monday (Dec. 9), Nexus revealed plans to connect MRI Software customers to AP functionality, allowing users to pay their suppliers via check, ACH or Nexus Virtual Card while supporting custom payment terms.

Real Estate 56

Real Estate accounts payable Technology Legal 56

PYMNTS

DECEMBER 13, 2019

Facebook has been using a new type of artificial intelligence (AI) to identify and delete hundreds of millions of fake accounts, according to a report by VentureBeat. In its most recent Community Standards Enforcement Report, the company said it has removed 3.2 billion fake accounts between April and September of this year, which is more than double the same period a year ago.

Account 56

Account accountant accounted Gaming 56

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