Sat.Jan 27, 2018 - Fri.Feb 02, 2018

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The Digital Secret To Storefront ‘Surprise And Delight’

PYMNTS

Brick-and-mortar retailers have an opportunity to surprise and delight shoppers with digital, connected and omnichannel experiences in the physical store, but many are struggling to make that opportunity pay off. To be fair, reimagining an entire industry is no easy task. Trevor Sumner, CEO of PERCH , said that people aren’t seeing TV ads anymore, and active engagement between brands and their customers on Facebook is dwarfed by the number of shoppers who pass by a store display on any given da

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KSM to Host Tax Reform Webinar Feb. 19

Katz,Sapper&Miller

In the most sweeping overhaul of the U.S. tax code in more than three decades, the Tax Cuts and Jobs Act of 2017 will have a profound impact on businesses and their owners.

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Bridging The 40 Percent Gap In Online Banking

PYMNTS

In life, 40 percent of anything is a lot. In online banking, 40 percent abandonment is … intolerable. As many as four in 10 consumers have at some point in their journey into online banking found the process frustrating enough to give up, as estimated by Signicat. The survey from that identity assurance provider, conducted across 2,000 individuals, found that when it comes to applying for financial products at a financial institution (FI) — from checking accounts to credit cards — 40 percent of

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The Future Of Banking Comes To Sunday’s Big Game

PYMNTS

Whether their money is on the Pats or the Eagles, one thing is for sure: Football fans will be spending a lot of it this Sunday (Feb. 4), especially if they’re attending the Super Bowl in person. ATMs in and around U.S. Bank Stadium in Minneapolis will see a spike in activity with the influx of consumers for the big game. That’s to be expected for financial services company Diebold Nixdorf , which partners with U.S.

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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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eBay Takes Control Of Its Payments Destiny

PYMNTS

In what was described by eBay as an effort to improve customer experience and offer sellers a more competitive cost structure, eBay announced news on Wednesday (Jan. 31) that it will intermediate payments through a multi-year implementation that may last through mid-2020. This move marks a significant change in how buyers and sellers will interact and transact across the company’s online marketplace — namely, by letting shoppers complete their purchases within eBay’s website.

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Blockchain Security A Moving Target For Both Developers And Hackers

PYMNTS

No one truly knows exactly where and how blockchain technology will make the greatest impact. In corporate finance, the tool could upend the status quo of supply chain management, cross-border payments, invoicing and document sharing and more. Regardless of where blockchain makes its mark, what is certain is that corporates have to trust that a largely unfamiliar innovation will work the way it should; that means securely, efficiently and easily.

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Malware Attack On National Stores Inc. Exposed Payment Data

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Following a malware attack that allowed “unauthorized parties” to access customer credit card information, off-price retailer National Stores is seeking to prevent fraudulent activity and improve the security of its point-of-sale (POS) systems, the company said in an announcement. “We have been working closely with the FBI, cybersecurity experts and payment card brands to contain the incident and protect our customers’ payment cards,” National Stores Chief Executive Officer Michael Fallas said a

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Volusion Brings Apple Pay To Its eCommerce Customers

PYMNTS

Volusion , the eCommerce platform catering to small businesses (SMBs), announced news on Tuesday (Jan. 30) that it’s partnering with Apple Pay to create a “Buy Now” button for its merchants. In a press release, Volusion said merchants can now accept Apple Pay , eliminating the need for customers to enter their payment, shipping or contact information every time they make a purchase online.

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 Cross-Border Payments, Sans Friction           

PYMNTS

Money that crosses borders usually has an arduous trek. Consider the fact that payment that originates in one country does so in the “home” currency but gets settled in another currency once received. Along the way, there are foreign exchange fees, documents to manage and sundry regulations to navigate. In short, there are a lot of speed bumps in place.

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Macy’s Bows Out Of AmEx’s Plenti Rewards Program

PYMNTS

The Plenti coalition loyalty rewards program has hit a bit of a rough patch, with several partners leaving the service and retailers opting out of accepting members’ earned points, Retail Dive reported Wednesday (Jan. 31). AT&T dropped out last fall, and Alamo, Direct Energy, Enterprise, Expedia, Hulu and Nationwide exited the partnership at the beginning of 2018.

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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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IKEA Tests Furniture Rentals

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To reach more consumers and foster more eco-friendly operations, IKEA is testing out renting its furniture offerings in Japan, Curbed reported Wednesday (Jan. 31). The furniture rentals will be geared toward customers who might not be ready to purchase furniture, many items of which could cost hundreds of dollars. In addition, IKEA plans to make the initiative environmentally friendly by recycling furniture consumers might otherwise throw out.

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H&M To Slow Store Openings

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Facing the shifting preferences of consumers, H&M has announced that 2018 will feature fewer brick-and-mortar store openings as it moves to adapt to increasingly digital shopping patterns. The move comes after years of rapid growth from the fast-fashion giant, which now finds itself struggling somewhat to integrate into the eCommerce landscape. Shares were down more than 33 percent over the last year, and H&M faced considerable criticism in the last few weeks following a reportedly racis

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Zara Experiments With Digitally Focused Pop-Up

PYMNTS

As Spanish fast-fashion retailer Zara renovates its flagship store in a London mall, it has come up with an innovative solution to sell to customers: opening a digitally enhanced pop-up store in the same building, industry news source Chain Store Age reported. The 2,150-square-foot location will feature both women’s and men’s clothing, but with a unique twist: All merchandise will only be available for online purchase.

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33 Percent Of Grocery Customers Would Use Digital Coupons If Retailers Offered Them

PYMNTS

Grocery shopping is clearly no longer confined to the aisles of the local Kroger or even a superstore like Target or Walmart. With services like AmazonFresh and Peapod, consumers can load up on kale, chicken — or whatever they need for their next meal — from their computers or smartphones. Online grocery sales are a booming business, with the eCommerce segment expected to make up 20 percent of all grocery sales by 2025.

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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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Blockchain Begins Earning Some Bitcoin-Like Skepticism

PYMNTS

For years, throughout the volatility of cryptocurrency values, some industry experts have assured investors and innovators that blockchain is the disruptor in which the market should place its faith. Alas, there is no such thing as a sure bet, especially in the world of FinTech. And this week, experts have begun to voice their skepticism over distributed ledger technology’s (DLT) promise for a massive shakeup.

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Coincheck Hack May Spur More Regulation And Decentralized Trading

PYMNTS

Following the theft of $530 million in NEM tokens from Coincheck last week, governments will likely call for more cryptocurrency regulation and investors may turn to peer-to-peer (P2P) methods of trading instead of centralized exchanges, Bloomberg reported. “The latest theft will have two immediate effects: more regulation by authorities over exchanges and more recognition of the advantages offered by decentralized ways of trading,” David Moskowitz, co-founder of Indorse Pte in Singapore.

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The High-Touch Digital Future Convenience Commerce According To 7-Eleven

PYMNTS

Amazon’s entry into a new market is rarely considered good news in the world of retail. Blue Apron was already having difficulty keeping investors calm. But when the eCommerce giant announced a rendezvous into the meal kit space in August of 2017, the recently public meal kit delivery startup began a (now many months-long battle) to get its stock price back above $3.

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Online Grocery Predicted To Hit $100B In Five Years

PYMNTS

With a faster pace of adoption than previously expected, the majority of U.S. grocery shoppers may purchase at least some of their groceries online within five to seven years, according to a Food Marketing Institute and Nielsen report, CNBC reported. “There is a fundamental shift in retail, and we are seeing an acceleration,” said Thom Blischok, global retail strategic advisor to Nielsen.

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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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Apple iPhone X Gets Production Cuts As Demand Slows

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Eyeing weak demand, tech giant Apple has cut production for its iPhone X planned for the current quarter. The Wall Street Journal reported news on Tuesday (Jan. 30) that production cuts mean that the firm will make 20 million iPhone X devices in the period, half of what had been planned. The financial publication quoted unnamed people “familiar with the matter” and added that component orders had been slashed by 60 percent.

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Luxury Retail Still Taking A Pass On AI

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Earlier this month, Saks Fifth Avenue President Marc Metrick told CNBC that the luxury retailer didn’t need fancy artificial intelligence (AI) to help it succeed in the industry, despite the tectonic shift thrusting every other retailer into reliance on such technologies. “When you think about the online versus the offline experience, we don’t need AI in our stores.

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South Korea Says It Will Not Ban Crypto-Trading

PYMNTS

In one of the bigger back-and-forth stories in digital currency, South Korea has announced that it is definitely for real this time sure that it does not plan to ban crypto-currency exchanges. That news comes care of the government’s finance minister and came as welcome news for crypto investors nationwide. Finance Minister Kim Dong-yeon’s comments may put to rest worries sparked worldwide over South Korea’s stance on digital currency — after government officials in various departments beg

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Le Tote Breaks Into The Chinese Market

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Fashion rental subscription service Le Tote announced today (Jan. 30) its entry into the highly competitive Chinese market, making it the first U.S. subscription service to enter that market. Le Tote China is reportedly in beta, according to a press release , and will open to the public in the spring. Rakesh Tondon, Le Tote CEO and co-founder, explained that regulatory restrictions are strict in the region, making such expansions difficult.

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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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Hackers Targeting Payroll Direct Deposit

PYMNTS

Of all of the scams targeting corporates, another one is landing on their radar. In an article penned for JD Supra by law firm Ogletree, Deakins, Nash, Smoak & Stewart, P.C., experts warned of a type of payroll scam that sees fraudsters diverting direct deposits from employee accounts to criminal accounts. According to the firm, fraudsters use a phishing scam by sending an email from an address similar to a legitimate company account.

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MoneyGram CEO Plans Waves With Ripple  

PYMNTS

Headlines swirl around the price of bitcoin and its cryptocurrency cousins, around psychological barriers tied to $10,000 thresholds, around raids on suspect operators, around tax rates in South Korea and hacks of crypto exchanges. Beyond the excitement and excitability of the trading lie, perhaps, are real-world business use cases, based largely on the distributed ledger technology across which transactions are recorded.

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Alibaba Leads The Pack On Elder-Friendly eCommerce

PYMNTS

It’s time to retire the perception that consumers at the older end of the spectrum (65 and up) can’t or don’t shop online. They may not be digital natives, yet that hasn’t stopped them from figuring out some of the ins and outs (even if they are more likely to fall for tricks and scams ). Alibaba is leading the movement for elder-friendly eCommerce.

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IKEA Looks Toward A Future With AI

PYMNTS

When it comes to planning for its future, furniture giant IKEA is trying to figure out how to use artificial intelligence (AI) and virtual reality (VR) to its advantage. “[What] we haven’t been able to do before is to find easier ways to connect with people so digital opens up massive opportunities for us,” CEO Jesper Brodin told CNBC at the World Economic Forum (WEF) in Davos.

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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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Bad Week Worsens For Cryptos; No TGIF Here

PYMNTS

There’ll be no TGIF from bitcoin and its brethren, it seems. Cryptos of all stripes and sizes, from bitcoin to its lesser known peers, tumbled on Friday (Feb. 2) — and markedly so, as several plunged more than 20 percent. If intraday trading holds at these depressed levels, then the sector will see its worst week in roughly five years. Reuters reported news early this morning that the marquee name in the sector — bitcoin, of course — slipped below $8,000, past what used to be a psychologically i

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As Tech Transforms Treasury Management, Abandoning The Swivel Chair

PYMNTS

When it comes to data, beware the swivel chair. But embrace integration. That’s a metaphor, of sorts, and a caution for treasury management professionals as they navigate their swivel chairs, swiveling between spreadsheets on their desks, computer screens on desktops and even apps on their phones and tablets. Simply put, CFOs are juggling multiple founts of information, coming from internal and external sources, in real time.

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Expedia Embraces Alternative Corporate Travel Payments With UATP

PYMNTS

Top players in the online travel booking space are collaborating with UATP , an alternative global payment solution accepted by airlines and travel merchants, to support the use of the payment tool for corporate travelers. In a press release on Tuesday (Jan. 30), UATP said it’s partnering with Expedia , Orbitz and Travelocity , a deal that sees these online platforms allowing their corporate customers to use UATP to pay for business travel bookings.

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Amaryllis’s 2018 Resolution: A Year Of Growth

PYMNTS

New products, partners, and certifications will pave the path to growth for startup Amaryllis in 2018. CEO Mark Bishopp said it will be a “year of getting the word out” through tour stops, virtual CEO talks, and collaborations with some of the biggest names in acquiring and business sponsorship. The new products include a full-service underwriting management system and instant payout for rideshare and similar businesses.

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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.