Sat.Dec 24, 2016 - Fri.Dec 30, 2016

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Fabletics Announces Brick-and-Mortar Expansion

PYMNTS

Activewear brand Fabletics , which was co-founded by Kate Hudson in 2013, announced plans for a retail expansion across the U.S. in 2017. The once pure play eCommerce business will open 12 new physical locations next year, adding to the 18 existing Fabletics locations that began launching in the Fall of 2015. The company confirmed that the new locations will bring the brand’s total retail store count to 30 locations throughout the U.S.

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Treasurers Watching FinTech Innovation To Get An Upgrade

PYMNTS

Capital One’s Treasury Management Group is already looking ahead to how corporate treasurers will face the most modern of challenges in 2017. A new survey from the group published earlier this month found that 83 percent of treasurers are gearing up to upgrade existing technologies, or implement entirely new ones, in the coming year. In response to the survey’s findings, Capital One Executive Vice President and Head of the Treasury Management Product Management Group Patrick Moore sa

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Banks Need FinTech To Stay Competitive – And Secure

PYMNTS

There seems to be no shortage of action in the corporate banking space, whether it be scandals (like Royal Bank of Scotland’s Global Restructuring Group fiasco ), cyberattacks (such as the $81 million stolen from the central bank of Bangladesh) or anomalies like Brexit impacting top financial institutions across the globe. So, what can corporates expect from their banks in 2017?

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Uber Of X: Bannerman, Uber of Security Guards

PYMNTS

Safety may come first, but the security guard industry hasn’t really been updated in decades. And, as a result, some argue the world is not as safe as it could be. However, one company — Bannerman — has created the technology close that gap and make people safer on a daily basis. As an “Uber of X” company, San Francisco–based Bannerman pairs security guards with businesses in high-rise buildings seeking protection.

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Planning Your Restaurants 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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Chatbot Tracker: The Best Bots Of The Year

PYMNTS

Chatbots have had quite the year. Bots can order a personal pizza , book a flight to anywhere , stir up a cocktail recipe, ship last-minute holiday gifts , memorialize dead relatives and bring back infamous “Friends” characters, register voters to vote or get a new driver’s license and help check your bank account. They can even incite a giggle during the conversation.

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Paper Checks, Email Fraud Top Enterprise Security Threats

PYMNTS

Bank heists and data breaches saw no shortage in 2016, and corporates large and small could no longer avoid the risk of a cyberattack. Still, researchers have found, many businesses do just that: RedSeal released a report this month that described the state of corporates’ approach to enterprise security as one of “cyber naïveté,” with many executives believing that their existing strategies are sufficient to ward off a cyberattack.

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Payments 2016: The Year Of The ‘Ecosystem,’ Redefined

PYMNTS

PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of…” eBook. We posed the same question to each executive: If you had to answer the question, Payments was the year of …, how would you answer, and how does your answer change your world — and the world of payments, more broadly?

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Amazon And Its Flying Warehouses

PYMNTS

In its quest to bring quick, convenient drone delivery to the mainstream masses, Amazon looks to be investigating ways to bring its warehouse fulfillment centers to the sky. Filings recently disclosed from the U.S. Patent and Trademark office show what Amazon described as an airborne fulfillment center, what looks like a large zeppelin with a storage facility attached beneath, designed to remain at high altitudes to keep stock, supply and replenish drone deliveries.

Sports 56
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eCommerce’s Demand For Chinese Postal Services

PYMNTS

While some may be concerned about the fate of postal services, there clearly is demand in China. According to China’s State Post Bureau , online purchases generate more than 21 billion of the 30 billion packages delivered this past year in the country. The year before saw 20 billion total packages, including both eCommerce and other parcels. And as Alibaba and JD.com are gaining international appeal, more shipments are going and coming overseas.

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2 Blockchain Consortia See Membership Rises

PYMNTS

Two blockchain consortia have seen their membership numbers increase, a good sign that distributed ledger technology will see continued support in 2017. Hyperledger Project announced Thursday (Dec. 29) that eight new members have joined its ranks, including CA Technologies, Factom Foundation, Hashed Health, Koscom, LedgerDomain, Lykke, the Sovrin Foundation and Swisscom.

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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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Consortia Key To Blockchain’s Success, Says Deloitte

PYMNTS

Deloitte has been an early embracer of blockchain technology, and 2016 was a busy year for the consulting firm in the space. Earlier this month, Deloitte revealed an investment in blockchain startup SETL, a U.K. firm that uses distributed ledger technology for payments and settlement. It was Deloitte’s first public investment in a blockchain startup, according to reports, but the company had already been working with SETL to develop contactless card solutions for Metro Bank.

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The Big Questions For Mobile In 2017

PYMNTS

Well, the gifts have been opened, the roast beast is a memory being celebrated in cold sandwich form this week and the malls are once again full of shoppers — who are now returning the wrong gifts and getting themselves the right ones (and whatever else happens to be on really good discount this week). Christmas is in the tank of yet another year, which means the only thing left to do is get the tuxedo to the dry cleaner, get the champagne in the fridge and the shrimp cocktail on ice — because i

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InterContinental Hotels Hacked?

PYMNTS

InterContinental Hotels Group (IHG), parent company to more than 5,000 global hotel locations including Holiday Inn, is investigating a possible data security breach in some U.S. chains. Last week, sources familiar with fraud prevention at different financial institutions told Krebs on Security that a pattern of fraud was recognized on payment cards which could point to a breach across some IHG properties.

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Debt Collection Practices No. 1 Consumer Complaint In November

PYMNTS

When it comes to complaints lodged with the Consumer Financial Protection Bureau about debt collection, the government agency said attempts to collect debt on money that is not owed were the number one complaint. “Today’s report shows that consumers continue to report being harassed about debts they already repaid or debts they do not owe,” said CFPB Director Richard Cordray in a press release announcing the results.

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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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Shopify’s Grand Retail Experiment

PYMNTS

While the shift to the online space is often seen as the great game-changer in retail, Loren Padelford, vice president and general manager of Shopify Plus , said that the change is actually to something more fundamental. “For the first 5,000 years of commerce, the merchant has been at the center. In the last five years, it’s flipped. The consumer is at the center,” Padelford said.

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Warby Of X: Furnishr, D2C Home Furnishing

PYMNTS

Moving is no fun. Packing up and schlepping furniture and belongings, only to unpack and re-set up in a new location is taxing. But if part of the equation were taken out — say, the moving and setting up of furniture — perhaps it would be better for the consumer? That’s what Furnishr aims to do. Cofounded by Michael Van and Karen Lau, this “Warby of home furnishing” company started in January 2015, now has more than 30 individuals on board and works with 10 commercial businesses on an ongoing ba

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Subscription Commerce Feels Holiday Cheer

PYMNTS

Subscription models have seen a significant rise across commerce categories in the past few years. At the start of this year’s holiday shopping season, the gift that keeps on giving got an additional sales boost. Recurly Inc., which provides enterprise-grade subscription management platforms to thousands of businesses worldwide, found that the total payment volume (TPV) of same-store sales for subscription businesses increased year over year by 17 percent on Black Friday and 16 percent on Cyber

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Payments 2016: The Year Of An Incredible Shift In Retailer And Consumer Expectations

PYMNTS

PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of…” eBook. We posed the same question to each executive: If you had to answer the question, Payments was the year of …, how would you answer, and how does your answer change your world — and the world of payments, more broadly?

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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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Payments 2016: The Year Of Capitulation

PYMNTS

PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of…” eBook. We posed the same question to each executive: If you had to answer the question, Payments was the year of …, how would you answer, and how does your answer change your world — and the world of payments, more broadly?

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ACH Faster Payments Stress Fraud Protections

PYMNTS

Faster payments may be speeding up transactions for consumers, but it may also be putting pressure on the systems banks have in place to fight fraud. According to American Banker , faster ACH payments are impacting the ability of banks to review transactions for fraud. It’s no surprise that cybercriminals are smelling the blood in the water. With credit-based ACH payments now being settled within the same day, many financial institutions are unable analyze suspicious transactions in such a short

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Blockchain Patent Wars Heating Up Among Big Banks

PYMNTS

Some of the largest banks already involved in blockchain development are now in a race to snatch up patents from the technology, reports said. The Boston Globe reported Wednesday (Dec. 28) that Bank of America and Goldman Sachs are just two of the top banks to begin pursuing the acquisition of blockchain patents. Doing so could give them a competitive advantage, reports said, as many developers of blockchain-based solutions depend on open-source technology technically owned by someone else.

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Payments 2016: The Year Of Major Shifts

PYMNTS

PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of…” eBook. We posed the same question to each executive: If you had to answer the question, Payments was the year of …, how would you answer, and how does your answer change your world — and the world of payments, more broadly?

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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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The Top 5 Pieces Of Advice From Payments Execs

PYMNTS

The Commanders-In-Chief series gives executives across the payments space an opportunity to not only share their insights but also pass along advice based on their experiences and what they are seeing in the industry. Over the years, we’ve heard from many payments stakeholders, and as 2017 approaches, we’ve gathered some of the advice we think everyone should keep top of mind.

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Payments 2016: The Year Of Online And In-Store Convergence Via Mobile

PYMNTS

PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of…” eBook. We posed the same question to each executive: If you had to answer the question, Payments was the year of …, how would you answer, and how does your answer change your world — and the world of payments, more broadly?

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What Industry Players Really Expect From 2017

PYMNTS

Analysts continue to flesh out their predictions for payments and FinTech in 2017, but one can never truly know the exact direction an industry will take. The B2B payments space is positioned to go in multiple directions as regulations and faster payments initiatives offer new opportunities in speed and efficiency, as technological innovation improves corporate payments and cash management and as market conditions, like globalization, introduce new demands and pressures for businesses and their

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India Closes 2016 On Top

PYMNTS

This year, investors began to pivot towards B2B startups with an eye on profitability. This week, TechWire reported on this trend, noting that the rise in on-demand services ushered in a new wave of investment for consumer-facing startups. “But a funny thing happened along the way: Many on-demand companies realized that the big bucks lie not in serving consumers but in catering to businesses,” the publication wrote.

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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.

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NEW REPORT: Will Biometrics Ring In A More Secure 2017?

PYMNTS

It’s been slow going when it comes to consumer adoption, but it seems digital identity companies are starting to bet big on mobile payment technology becoming more popular with consumers. Data from Statista indicates that more than $450 billion was spent in the United States last year via mobile payments, and that number could balloon up to more than $1 trillion by 2019.

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Amazon Robots On The Rise

PYMNTS

A recent statement from Amazon reveals that the current number of robotic units working alongside people in its fulfillment centers has increased 50 percent since the third quarter of 2015. Today, 45,000 robotic units are in operation in 20 Amazon distribution centers helping associates fulfill and distribute online customer orders. In the last two years, Amazon has launched operations at over a dozen new fulfillment facilities, many of which house robotic technology.

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PYMNTS’ 2016 Roundup: Retail Edition

PYMNTS

There’s no doubt about it. This year has been big for retail — big on change, innovation and some surprises along the way. EMV changed the payments game in the U.S. Consumers flocked to online and mobile commerce , robots rose in food and consumer goods , and brick-and-mortar stayed relevant with retail experimentation — pop – ups , flash sales , store-in-store and showrooms.

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Suppliers To Usher In Dynamic Discounting

PYMNTS

Some B2B payments players have predicted that, on the accounts payable side of the transaction, higher interest rates will lead companies to extend their payment terms and to seek out AP technologies that offer integrated supplier financing solutions to help with that cash flow crunch on the supplier side. Invoice automation and B2B payments company Inspyrus has the same idea.

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How CPA Firms Can Profit From Payroll Services Without the Extra Work

"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.