Sat.Nov 12, 2016 - Fri.Nov 18, 2016

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Press Release – NAADA Fall Meeting

Downey&Company

For Immediate Release: For further information, contact: Christine Morrison, (800) 849-6022. Braintree, Massachusetts – Paul McGovern, CPA, and James M. Downey, CPA, of Downey & Company, LLP, an accounting and business consulting firm, recently returned from the Fall Meeting of the National Alliance of Auto Dealer Advisors in Nashville, Tennessee.

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New Tracker: Business Banking’s Mobile Momentum Mounts

PYMNTS

American consumers have fallen for mobile banking apps, but up to now, most businesses were not seemingly showing apps the same love. With the number of mobile banking customers now outnumbering those who bank at branches for the first time, consumers have warmly embraced banking via mobile apps. Despite that, the vast majority of American companies, particularly small businesses, have yet to adopt mobile financial management apps.

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How Will the 2016 Presidential Election Impact Taxpayers?

Katz,Sapper&Miller

The 2016 election is now behind us. With the republicans controlling not only Congress, but the White House as well, many changes are being forecast for 2017. One area that could see sweeping change is tax law. While there is uncertainty surrounding what form these modifications to tax law might eventually take, the following proposals were part of President-elect Trump’s campaign materials.

Tax 40
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Why Fraud Is Now ~$11 Of Every $100 Of Digital Sales

PYMNTS

Upward and onward seems like a hopeful phrase, doesn’t it? Unless it’s fraud you are talking about. At the end of 2014, the average U.S. household held five mobile devices, while, at the start of 2016, that number has increased to about 13. Tech is a wonderful thing, when used for the forces of good and for quality of life. But alongside that iPad your 10-year-old daughter needed, the rate of online fraud attacks on retailers has doubled, up 137 percent year over year in the first quarter of thi

Sales 82
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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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What’s Fueling Poland’s Tech Growth Engine?

PYMNTS

Poland’s startup ecosystem may be considered still in its infancy compared to larger European tech hubs, like London and Berlin, but that doesn’t mean it should be overlooked by entrepreneurs or investors. In this week’s installment of PYMNTS’ Weekly Tech Center Roundup , we look at how the country’s capital city is developing a tech landscape that’s quickly catching up with its western counterparts.

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Apple Pay Opens Its Heart (And Wallet) To Charitable Donations

PYMNTS

Apple announced that it is expanding Apple Pay to allow nonprofit organizations and charities to accept donations via the mobile payments service and Apple Pay on the Web. The change takes effect immediately in the U.S. Previously, charitable donations were barred on Apple Pay due to a lack of safeguards and the ability to validate the legitimacy of charities accepting donations.

More Trending

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Back To Basics For SME Security

PYMNTS

Small businesses aren’t getting their cybersecurity strategies right, according to new evidence from researchers. And with consequences ranging from data theft to noncompliance penalties, the stakes are high. The National Institute of Standards and Technology (NIST) is looking to help. With a guide developed for SMEs in need of cybersecurity direction, NIST’s latest paper, “ Small Business Information Security: The Fundamentals ,” released last week, aims to shed light on

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CFOs, Buried In Data, Struggle With Financial Reports

PYMNTS

CFOs are struggling to keep up with how quickly the requirements for financial reporting are changing, researchers have found. EY researchers released new data this week that concluded CFOs and financial controllers are struggling to keep up with the pace of change when it comes to corporate reporting standards and demands. One of the biggest hurdles for these professionals is actually implementing the changes, citing the cost and complexity of the shifts, according to EY.

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RegTech’s Critical Role In ID Verification

PYMNTS

One of the biggest hurdles for any company working in different countries around the globe is ensuring compliance across all of the different regulatory frameworks. It’s not always possible to operate in Australia in the same way operations are done in China. The more borders that a business crosses, the more complex adhering to regulatory standards can become.

Legal 76
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Consumers Value Their Social Media But Put Security Onus On Companies

PYMNTS

Social media has taken on a life of its own — so much so that a new survey finds a lot of consumers value their life online at $100,000 to priceless. What’s more, 55 percent of survey respondents that partook in the Consumer Account Security Report 2016 put out by TeleSign said they place the responsibility of cybersecurity on businesses for their online and mobile accounts.

Account 76
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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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Why SMEs Are Causing The Banks So Much Pain

PYMNTS

Banks’ shortcomings when servicing small business clients have become an engine behind the FinTech boom. Alternative lenders, for instance, largely emerged as a response to banks retreating from the SME lending market. Other SME-serving FinTech companies are offering the digital payments and cash management solutions many traditional FIs consider too costly to offer small businesses.

B2B 75
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The Property Manager’s Worst Enemy

PYMNTS

Being a landlord is never easy — especially when it’s not your full-time gig. And there are a lot of those. More than 60 percent of all property managers own and manage fewer than 20 units. Dealing with the headaches of marketing rental properties, vetting renters, getting leases signed, collecting security deposits and then servicing tenants means that these part-time landlords outsource those tasks to property managers who take a pretty hefty cut of their revenues.

Legal 75
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What’s Causing Fear, Confidence Among SMEs

PYMNTS

Political uncertainty, economic shifts, technological disruption — they all have an impact on how a small business feels about the current market climate. Small and medium-sized businesses can be fickle when it comes to adopting new technologies, for instance, or SMEs can feel hesitant to adopt emerging solutions, like on-demand services. From corporate use of Airbnb to SMEs’ confidence in cybersecurity, PYMNTS takes a look at the factors causing small businesses across the globe to either

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Ripple’s Network Used For Token Transfer

PYMNTS

Smart Token Chain (STC), a company that explores the use of blockchain for smart contracts, tokenization and other transactions, has announced the completion of a Smart Token transaction over the blockchain. Using the Ripple Network, Smart Token Chain said it has successfully completed a Smart Token transaction. Smart Tokens, the company explained in its release, offer security for currency exchanges that support the transfer of smart contracts and funds via distributed ledger.

B2B 74
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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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Google Launches Android Pay In Poland

PYMNTS

Google announced Thursday (Nov. 17) that its Android Pay service which enables contactless mobile payments with Android mobile devices, is live in Poland. According to Google, Mastercard cardholders in Poland now have another way to make secure payments wherever Mastercard contactless payments are accepted. Google noted that Poland is the first country in central and eastern Europe and only the second country in Europe after the U.K. to launch the Google payment method.

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The CFPB Takes A Closer Look A Consumer Choices In Financial Data Sharing

PYMNTS

The CFPB is taking a closer look at consumers and the relationship to their financial records — specifically the issues they face in accessing, using, and securely sharing their financial records. “Consumers should be able to use their financial records and account information and securely share access in an electronic format,” said CFPB Director Richard Cordray.

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US, Asia Battle For Top B2B FinTech Funding

PYMNTS

KPMG had some bad news for the FinTech world this week. Along with CB Insights, KPMG researchers found in their latest quarterly analysis that FinTech investment by venture capitalists declined across the globe in Q3 of this year. Their “ Pulse of Fintech “ report found $2.4 billion in FinTech VC funding in the quarter, down 17 percent compared to the previous quarter — a stark decline from the $5 billion-plus quarterly investment values seen in quarters in 2015.

B2B 74
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Augmented Reality: Security Concerns And Barriers To Growth

PYMNTS

Augmented reality (AR) isn’t just for Pokémon Go players (yes, they still exist) and fodder for near-future existential dread by way of Black Mirror. It’s projected to be the future of marketing and commerce. Where the IoT proliferates, AR will follow. Or so say the pundits. How far outside of gaming and how that actually happens is a function of how mainstream the AR UI actually becomes.

Gaming 74
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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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Merchant Associations Want Visa To Remedy EMV Rules

PYMNTS

Merchant associations that represent tens of thousands of U.S. merchants are calling on Visa to provide steps to remedy what they say is violation of rules regarding EMV. In a press release , the group said it sent a letter to Visa CEO Charles Scharf and CEO-Designate Al Kelly after the Federal Reserve declared the technical specifications and rules provided to merchants as part of the move to EMV violated federal law.

Legal 73
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Mobile Banking On The Rise In France

PYMNTS

New research from comScore MobiLens revealed that mobile banking penetration in France is almost 30 percent. In Q2 2016, more than half (54 percent) of the country’s internet users visited online banking sites on a monthly basis, averaging 10 visits per month lasting more than five minutes each time. The usage of mobile banking accounts is also climbing.

Account 72
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The Holiday Season Ushers In More Financial Phishing

PYMNTS

Research by Kaspersky Lab revealed that when the holiday shopping season unofficially kicks off on Block Friday, the number of financial phishing attacks is expected to surge. The Kaspersky Lab Black Friday Threat Overview 2016 report predicts that the observed pattern of the holiday period bringing along increases in phishing and other types of attacks will continue this year.

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How Airbnb Can Promote Corporate Virtual Payments

PYMNTS

Of all the barriers that exist to getting a disruptive technology off the ground, convincing users to change their behavior may be the most difficult. In corporate travel, there are two major forces that face this hurdle: virtual payments and sharing economy services. Both are slowly infiltrating the business traveler’s life, whether by businesses adding on-demand services, like Airbnb, to their list of approved travel vendors or by travel managers and accounting professionals making the s

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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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USA Technologies Launches Universal Card Link Connector

PYMNTS

USA Technologies, the payment technology service provider for the self-service retail market , announced Wednesday (Nov. 16) the launch of its Universal Card Link Connector, which enables industry operators in the amusement and arcade industries to connect cashless payment options, such as credit and debit cards and mobile wallets, to their equipment.

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linked2pay Bridges Banks To Real-Time Payments

PYMNTS

Banking payments platform provider linked2pay wants to help financial institutions implement real-time payments capabilities. The company said Tuesday (Nov. 15) that banks using its Bank Centric Payments platform will now have access to real-time payments thanks to a collaboration with Push Payments. Their partnership will allow financial institutions to offer real-time and same-day ACH payments as a white-labeled solution, reports said.

B2C 71
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GE Software Unit Expects To Hit $6 Billion In Sales This Year

PYMNTS

GE may have something with its software business, announcing Tuesday (Nov. 15) that its software and services business is expected to hit $6 billion in sales in 2016. According to a report , $6 billion in sales is 20 percent higher than what GE lodged in 2015. It also puts GE on track to reach its goal of having annual revenue of $15 billion in 2020.

Sales 70
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Chatbot Tracker: Let Your Chatbot Be Your (Airline Travel) Guide

PYMNTS

Chatbots can now fly you around the world. This week, Lufthansa’s chatbot named Mildred took flight with capabilities of helping flyers search for cheap flights and book tickets using natural language processing through Wit.ai. Mildred will recognize your requests in both English and German and will employ the Google geolocation database for tourist attractions around destinations.

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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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There’s No Place Like A Pop-Up For The Holidays

PYMNTS

The pop-up store is nothing new in concept. Malls have had kiosks since time immemorial, and once a year around the country phantom Halloween shops appear overnight. But in the early 2010s, there began a pop-up renaissance of sorts. After 2008, pop-ups were largely used as a cost-cutting effort by small, independent retailers unsure about opening a permanent location in the wake of the recession.

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Changing Consumer Habits — One Fill-Up At A Time

PYMNTS

Can mobile pay at the pump lead to higher sales in the store? Can it drive so much data that retail gets turbocharged? We’ll stop with the auto analogies for the moment, but in the latest installment of the PYMNTS Data Drivers series, Karen Webster spoke with payment solutions provider ZipLine’s CEO, Stephen Goodrich, and Kristen Bailey, vice president of consumer engagement, to get the skinny on how their platform is turning customers who fill up at the pump into loyal super adopters who

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Prosper CEO Steps Down

PYMNTS

The CEO of Prosper Marketplace — Aaron Vermut — will be saying good-bye to the firm, to be replaced by David Kimball, Prosper’s finance chief. Kimball will begin manning the helm as of December; he has been with the firm for a little over six months after nine years at financial-services provider USAA. Prosper, like many of its peers in marketplace lending, has had a tough year in 2016 — with investors falling out of love with loans provided online as quickly as they fell in love with them.

Finance 68
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Q3 eCommerce Results Show Growth, Again

PYMNTS

The United States Department of Commerce reported this morning that eCommerce in the U.S. continued to see growth in the third quarter of 2016. Total online sales grew 15.6 percent in the third quarter year over year. Online sales reached a total $93.67 billion. Though the growth was not quite as much year over year as in Q2 2016, which saw 15.9 percent, it’s still a considerable jump.

Sales 67
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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.