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There’s a lot more to running a restaurant than making good food and serving it with a smile — and no, we don’t mean listing the menu on GrubHub, UberEats or OpenTable. Restaurants have to follow regulations set by the food and health administrations, such as cleanliness guidelines and storing various foods at specific temperatures. It can be a lot for one owner to track, especially owners of multiple establishments or franchise locations.
Terry O’Neil, partner-in-charge of Katz, Sapper & Miller’s Veterinary Services Group, will present several educational sessions at the American Veterinary Medical Association's (AVMA) 2017 Convention.
The blockchain has a bit of an identity crisis. Everyone who is anyone in financial services knows what it is, and there is broad consensus at this point that it will play a very important role in financial services. Yet few can really articulate how it all works or what exactly it will do — and when. Here’s a little proof. According to WEX’s First Annual Payments Pulse Survey , 66 percent of the 500 CFOs interviewed say that they are quite certain that they understand blockchain; 50 percent thi
Wealthy countries with developed financial and payment infrastructures are most likely to have their data encrypted and held for ransom by cybercriminals, according to a recent report by global cybersecurity company Kaspersky Lab. In 2016-17, cyber attackers have set their sights on mobile users in the U.S., first and foremost, with Canada, Germany and the U.K. following closely in terms of risk.
In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.
MatrixCare, a technology provider with a targeted focus in the healthcare industry, is rolling out new data and analytics solutions for its clients. The company serves long-term, post-acute care (LTPAC) healthcare providers. On Thursday (June 29), the company announced the availability of two new solutions, MyAnalytics and MyData, available through the MatrixCare Analytics Suite of offerings, for this niche market.
Online retail sales in the U.K. have seen a lot of action over the past six months. As we reported back in January, the U.K.’s eCommerce sales have seen a significant year-over-year increase. Between 2015 and 2016, U.K. eCommerce sales saw a nearly 16 percent increase from £114.75 billion all the way up to £133 billion. Stemming from Interactive Media in Retail Group’s research, eCommerce sales in the U.K. are set to see a 14 percent increase by the end of this year.
PayU , a global online payment service provider headquartered in Copenhagen, has launched a new single API integration that will allow merchants to boost their business in high-growth markets. According to GrowthBusiness.co.uk , the PayU Hub provides merchants with access to 2.3 billion potential new customers in major markets across Asia, Central and Eastern Europe, the Middle East, India, Africa and Latin America through a single integration.
PayU , a global online payment service provider headquartered in Copenhagen, has launched a new single API integration that will allow merchants to boost their business in high-growth markets. According to GrowthBusiness.co.uk , the PayU Hub provides merchants with access to 2.3 billion potential new customers in major markets across Asia, Central and Eastern Europe, the Middle East, India, Africa and Latin America through a single integration.
Google’s AI fund has made its first public investment, leading a $10.5 million Series A funding round for Algorithmia , a marketplace and enterprise solution that enables developers to tap into its catalog of 3,500 algorithms, functions and machine-learning models. According to news from TechCrunch , other participants in the round include new investor Work-Bench, as well as current investors Madrona Venture Group, Rakuten Ventures and Osage University Partners.
A new report from Dun & Bradstreet and the Pepperdine Graziadio School of Business and Management finds the majority of small- and medium-sized enterprises in the U.S. are facing cash flow challenges. The survey, the Q2 PCA Index, released Thursday (June 29), found 66 percent of U.S. SMEs say they have faced working capital challenges in the last three months, the highest rate the surveyors have seen in five years.
Maybe. Over the course of the last few years, eCommerce has sprung up and put the brick-and-mortar side of the retail industry on notice. A growing number of eCommerce-focused merchants like Amazon have gradually increased their footprint in the physical store space. With the opening of the Amazon Go grocery store and bookstore in Seattle, Amazon is breathing innovation into the stodgy brick-and-mortar experience.
QuickBooks Online touts itself as a leader in SME accounting. Last year, Intuit announced that QuickBooks Online surpassed the 1.5 million user mark — not just a sign of corporate growth, the company said, but also an indication of how small businesses are adopting the cloud and other digital solutions. But there’s a catch: While small businesses can manage their finances digitally in QuickBooks Online, they couldn’t, until recently, make electronic payments within the platform.
The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.
As more customers engage in cross-border trade, the pressure is on merchants to meet the demand for convenient payment options. In an effort to meet the changing demands of a growing consumer base, several FinTech players are offering new payment services to address the payment needs of all types of merchants. These services are not just enabling merchants to offer consumers greater convenience, but are also providing new opportunities to foster customer engagement, beef up payment security and
“An iPod, a phone and an internet communicator … Are you getting it? These are not three separate devices. This is one device. And we are calling it iPhone.”. That is how the world first met the iPhone a little over ten years ago in January 2007, when Steve Jobs took to the stage to announce Apple’s latest and greatest innovation. The world stopped what it was doing to take a look.
As mobile devices continue to be a pervasive force in the technology arena, so does the need for forward thinkers in the field. Those that are constantly developing new ways to integrate connected experiences into people’s lives will probably be at the forefront of the tech industry. In this week’s Commander in Chief series, PYMNTS talks with mobile capture and identity verification company Mitek Systems ’ CEO James DeBello about what moves the ball for the mobile industry.
Sage’s accounting chat bot is expanding. The company said this week that its AI-powered chat bot, Pegg, will be available to companies in Canada next month, about a year after Sage first rolled out the solution. Reports in IT World Canada said Sage CEO Stephen Kelly announced the news during his keynote at the Sage Summit event this week. “What’s the entrepreneur’s least-favorite thing to do?
Finance used to be the function that counted, now it's the one that’s counted on. 📊 For accounting firms, controllers, and finance leaders, expectations are rising faster than headcount. Businesses want agile forecasts, granular analysis, seamless reporting, and smart automation—often without added resources while demanding uncompromised accuracy and compliance.
The payments industry has increasingly grown more complex over the last decade. From credit card companies to retailers and consumers, there are many key stakeholders in the commerce process, both on and offline. Without proper payment processes in place, it’s likely that the entire retail ecosystem would either grind to a halt or favor one side over another.
Visa has been going big in B2B payments as of late. Earlier this month the credit card giant launched its Visa Ready Program for Business Solutions, a collection of B2B payment and finance services, from virtual cards to AP automation, to accelerate companies’ use of such digital tools. Last year, Visa revealed it was working with blockchain company Chain to develop Visa B2B Connect, a platform for FIs to make payments and settle funds for corporate clients using blockchain infrastructure.
Cybercrime isn’t always about stealing credit card data. In the digital world, there’s strength in numbers, and a botnet — essentially, an army of IP addresses — can turn a pretty penny on the darknet. That’s why hackers are targeting Linux systems, and consumers don’t even know they’re using them. While few computer users opt for a Linux operating system, almost every consumer has an Internet of Things (IoT)-enabled device (or 10) that runs on it, from webcams and DVRs in the home to point-of-s
Whereas mostly a concept only really understood by early adopter and tech enthusiasts a few years ago, these days mobile wallets have gone mainstream enough to feel a bit commonplace to consumers. Most people have at least heard of mobile wallets at this point — driven in part to the ever-lengthening list of retailers that are offering them in some form or other.
Great leadership development is the key to sustainable business growth. Are you ready to design an effective program? HR can use Paycor’s framework to: Set achievable goals. Align employee and company needs. Support different learning styles. Empower the next generation of leaders. Invest in your company’s future with a strong leadership development program.
Loyalty programs are nothing new to retail. From collecting pieces for McDonald’s Monopoly to collecting stamps for free cookware at grocery stores and buying 10 coffee drinks to get a free cup, there is no shortage of enticing loyalty offerings. With eCommerce providing easier ways for retailers to form loyalty programs via smartphone apps or through their company websites, loyalty programs are on the rise.
It’s not Christmas in July without Black Friday. And it’s not Black Friday if the deals don’t span an entire week. It’s only fitting, then, that eCommerce giant Amazon is celebrating its third annual Amazon Prime Day by expanding the occasion into Amazon Prime Week. Although the company has not officially announced the dates, it’s looking like the festivities will run from July 9 through July 15, according to comments by individuals who say they work for Amazon.
“The biggest challenge we face as a commerce ecosystem is to drive value on both sides — that’s where you need both hands clapping in sync. That increasingly means enabling smaller players in the system that are reticent to becoming digitized at the point of sale.”. That was James Hicks, EVP Global Acceptance and Solutions at Mastercard, explaining why Mastercard has invested so much time and energy into rethinking how to get these smaller players on board — and moving from cash to digital payme
A new generation of entrepreneurs is on the horizon, and they’re shaping the way corporates adopt, interact with and influence technology. A new report from HSBC Private Bank explored how younger entrepreneurs are divvying up their time in new ways to optimize their performance. The “ 2017 HSBC Private Bank: Essence of Enterprise ” report compares populations of entrepreneurs across two different generations — those in their 20s and 30s and those who started their business in their 50s — to expl
Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.
Amazon’s new voice-activated grocery assistant is practically magic, and you don’t even have to go to Diagon Alley to get it. The company has added Alexa to its Dash Wand product, making it smarter and more capable than ever – and strategically positioning itself to own the emerging online grocery market. “If the acquisition of Whole Foods wasn’t a clear enough signal of Amazon’s intentions for grocery market domination, the introduction of the Dash Wand provides another glaring indication,” sai
Rewards and incentive programs are not the bacon on top of the Brussels sprouts. Bob Legters, senior vice president and chief product officer for FIS , says loyalty starts with a good product and good service. If a consumer doesn’t like Brussels sprouts, then no amount of rewards can inspire his loyalty. In the same way, a credit card company can’t fix a program with low engagement by offering more (or better) rewards.
Online retailers are warning customers to prepare for delays after a cyberattack caused major disruptions within the shipping industry. According to AP News , several eCommerce firms issued warnings after the sudden outbreak of malicious software that centered on Ukraine and spread to major multinational companies, including Danish global shipping firm A.P.
An Amsterdam-based bank, ABN Amro , may have taken payment wearables to a new level. In a pilot test round, the bank is giving out near field communications (NFC)-enabled rings to a select group of customers. ABN Amro plans on rolling out more of these rings in the latter half of 2017. The wearable rings were provided by wearable tech company Kerv which debuted the ring at the Wearable Technology Show earlier this year.
Documents are the backbone of enterprise operations, but they are also a common source of inefficiency. From buried insights to manual handoffs, document-based workflows can quietly stall decision-making and drain resources. For large, complex organizations, legacy systems and siloed processes create friction that AI is uniquely positioned to resolve.
When iZettle launched in 2010, it had a simple mission according to CEO and Co-Founder Jacob de Geer : make it possible for small businesses to accept cards. But after seven years in the game, de Geer said he realizes that the opportunities are much, much bigger. “Over time we realized the needs for small businesses are for all of the financial services normally only available for the big companies.
A Florida man was sentenced to 5 1/2 years in prison for helping criminals process millions of dollars in illegal bitcoin transactions. According to AP News , Anthony Murgio of Tampa pleaded guilty earlier this year to conspiracy charges for enticing friends and family members to help him operate an illegal money exchange business. Murgio, his father and another man admitted to operating a fake Florida-based business called the Collectables Club, which allowed criminals to buy bitcoins to laund
With artificial intelligence moving forward and many companies hopping on board, chatbots have become a pervasive force in the retail industry. Consumers’ desire to receive instantaneous responses from their favorite brands continue to drive chatbot popularity and are thus pushing innovation forward. One of the latest companies to begin challenging the chatbot status quo is fashion brand Tommy Hilfiger.
Ford Motor, the car manufacturer, has created a new robotics and AI research team that will be housed under Ford’s Research and Advanced Engineering department. According to a news report in TechCrunch , Dr. Ken Washington, Ford’s VP of research and engineering and CTO, disclosed the new unit in a Medium post in which he talked up the impact AI and robots will have during the next 10 years.
Speaker: Claire Grosjean, Global Finance & Operations Executive
Finance teams are drowning in data—but is it actually helping them spend smarter? Without the right approach, excess spending, inefficiencies, and missed opportunities continue to drain profitability. While analytics offers powerful insights, financial intelligence requires more than just numbers—it takes the right blend of automation, strategy, and human expertise.
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