Sat.Apr 07, 2018 - Fri.Apr 13, 2018

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Salesforce VP On Channeling APIs For Personalized Financial Services

PYMNTS

Financial services players, both big and small, are embracing APIs in a major way — as they should. From solutions designed to increase the use of new technologies like the blockchain , to those aimed at giving consumers a more personalized set of products and services, APIs are being used to unlock all kinds of new capabilities. And now, around the industry, banks, financial managers and other players are seemingly embracing the age of APIs.

B2B 67
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Halstead and North to Speak at Faegre Baker Daniels’ 2018 M&A Conference

Katz,Sapper&Miller

Katz, Sapper & Miller’s Chad Halstead and Mike North will speak at Faegre Baker Daniels’ 2018 M&A Conference. Taking place May 10 at the JW Marriott in downtown Indianapolis, this annual conference provides dealmakers the opportunity to learn about the latest industry trends, discuss complex mergers and acquisitions (M&A) topics, and network with others in the local M&A community.

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Ripple Invests $25M Worth Of XRP Into Blockchain Capital’s Fund

PYMNTS

Ripple , the blockchain company, announced news on Wednesday (April 11) that it has invested $25 million of its XRP cryptocurrency in Blockchain Capital’s $150 million fund Blockchain Capital Parallel IV. In a press release, Ripple said Blockchain Capital is the first fund focused solely on the blockchain space and is also the first to accept capital calls in cryptocurrency.

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Uber Expands Uber Bike, Gets Into Car Rentals

PYMNTS

Uber , aiming to expand access to transportation for the masses, announced news on Wednesday (April 11) that it has launched a series of product updates that help riders get around without the need for a vehicle. In a blog pos t, Uber Chief Executive Dara Khosrowshahi said to meet that end, Uber Bike by JUMP is expanding to Washington, D.C. The service, which was first piloted in San Francisco earlier in 2018, will enable residents and visitors to Washington, D.C. to find and book a JUMP pedal-a

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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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PaySimple Embeds Payments, Cash Management Tools For In-Field Technicians

PYMNTS

Payments and commerce company PaySimple announced its latest integration into a third-party service provider. The firm announced it is integrating its payments processing capabilities, PaySimple AppConnect, into Profit Rhino, a mobile sales tool and pricing service platform for in-the-field service providers like home services and repairs. While the integration means Profit Rhino users will be able to accept payments on-site, PaySimple is also providing additional back-office features to the por

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Taboola CEO: Why Android News Will Unlock New Content/Commerce Models

PYMNTS

It’s called the Paradox of Choice , or “analysis paralysis” – and anyone who has ever frozen in the face of searching Netflix for a Friday night movie has felt its icy grasp. Stated simply, it says that too much choice is bad for the average customer, who becomes so weighted down trying to figure out what they “really want” that they find it hard to choose anything at all.

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GEOBRIDGE: Unlocking The Key To Cryptographic Key Management

PYMNTS

In payments security, the key is the key. Encryption and the digital keys that allow firms to scramble and descramble data are permanent parts of the payments landscape. There’s a personal element to the technical wizardry, though. Data needs management, and protecting that data requires vigilance. And yet, many firms do not have the staff in place to manage cryptographic keys.

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Etsy Refocuses On Its Core eCommerce Business

PYMNTS

Etsy is refocusing its aspirations and energies — much to the annoyance of some of its sellers. CEO Josh Silverman said the decision is a pivot toward the areas that are showing the most growth for the handmade marketplace, particularly on its core eCommerce site. However, the news came as a jolt to merchants like jewelry maker Natalie Jacob, who told Bloomberg she became a major fan of the Etsy Wholesale service until it abruptly stopped communicating with merchants.

Retail 57
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NEW REPORT: How Instant Financial Rewards Boost Employee Wellness

PYMNTS

In the workforce, speed is an issue close to employees’ hearts. How quickly workers get paid can not only affect their satisfaction with their day-to-day job, but also plays a large role in motivating them to remain in their roles. And employers are learning that the same rule of payment speed applies when it comes to boosting productivity through company wellness programs.

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First SMB Job Growth Of The Year Recorded In March

PYMNTS

The latest CBIZ Small Business Employment Index (SBEI) indicates an improvement in hiring activity among U.S. small businesses (SMBs). The company announced its findings on Friday (April 6), which recorded a 1.39 percent month-over-month increase in SMB hiring for March. That follows a decline of 0.2 percent in activity in February, CBIZ noted. According to CBIZ Employee Services Organization President Philip Noftsinger, the data could be a result of regulatory effects.

Tax 56
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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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The New Beginnings Edition: Apple, Uber And Goldman Sachs

PYMNTS

Though you might not realize it looking at a weather forecast in various parts of the nation – as it seems the temperature might never actually break 40 degrees – spring is upon us; the season for new beginnings is here. Even if the weather refuses to play nicely, at least we can count on the payments and commerce ecosystem to snap to life with some resets and fresh starts.

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SIFMA Issues Framework For Data Sharing Between Banks And Apps

PYMNTS

The Securities Industry and Financial Markets Association (SIFMA), the trade group for the financial industry, released a framework on Thursday (April 12) to protect the data of consumers when they give third parties the right to access that information. Reuters , citing SIFMA, reported the trade group said that while these third parties, often FinTechs , help consumers make decisions on investments, they also expose consumers to personal data security risks.

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Can AI Kill The FICO Score?

PYMNTS

Just as SAT scores don’t convey everything about a student, FICO scores don’t convey everything about a loan applicant. They can be one valuable piece of information, but when banks rely solely on scores from the credit bureau to decide which businesses or individuals can be trusted with a loan, they omit much more information than they include — perhaps missing the opportunity to build a relationship with some of the most creditworthy applicants out there.

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ICICI Bank Rolls Out SWIFT gpi

PYMNTS

SWIFT ’s global payments initiative (gpi) service has a new bank on board. Reports on Friday (April 6) in WebIndia123 said ICICI Bank is the first in India to join and roll out the global payments service. The gpi tool aims to heighten speed, transparency and efficiency of cross-border payments for financial institutions and their banks. “International trade is the backbone of globalization and an imperative for India to grow,” said SWIFT Head of India and Subcontinents Kiran Shetty in a stateme

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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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CivilisedBank Releases Banking License To Focus On Tech

PYMNTS

U.K. challenger bank CivilisedBank announced plans to release its banking license to instead focus on developing its underlying infrastructure and technology. A press release on Friday (April 6) issued by the FinTech, which targets small and medium-sized businesses (SMBs), said it will release the license awarded last May and reapply for another one after further technological development of its solution.

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IKEA Unveils Smart-Speaker Line

PYMNTS

Continuing its foray into smart-home devices, IKEA is rolling out four smart speakers dubbed Eneby. The launch, however, is the company’s first venture in audio, TheNextWeb reported. The speakers come in two sizes and two colors, and the smaller speakers retail for the same price as a Google Home Mini or an Amazon Echo Dot at $49. All the Eneby speakers are listed on IKEA’s website, but customers can’t purchase them quite yet.

Retail 53
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Retailers Ready To Drop Credit Card Signatures

PYMNTS

With fraud on the rise, credit card networks have realized that customer signatures are simply not a reliable way to authenticate someone’s identity — and some of the country’s largest retailers agree. According to The New York Times , four of the largest credit card networks — American Express, Discover, Mastercard and Visa — will no longer require signatures to complete transactions.

Retail 53
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Citigroup Sees 1Q Surge In Mobile Banking, Beating Expectations

PYMNTS

Amid headlines that corporate banking helped boost Citigroup profits, the firm also reported strength in its mobile and online initiatives, as evidenced by growth in consumers using bits and bytes to bank, according to earnings materials from the company. In results reported on Friday (April 13), the top line at the bank came in at $18.87 billion, in line with estimates and showing growth from the $18.3 billion reported last year.

Retail 52
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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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Alt Lending, Artificial Intelligence Startups Lead Investment Activity

PYMNTS

This week’s VC Investment Roundup demonstrates investors’ varied appetite for B2B FinTech. Funding targets this time around included blockchain, logistics, alternative finance, artificial intelligence and T&E — with a few startups taking a stab at some of the biggest problems in the cannabis industry, procurement and microfinance. Take a look at which firms from around the world landed new funds this week, and how they plan to deploy the cash.

Finance 51
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Amex Rolls Out New Global Branding Campaign

PYMNTS

On Monday (April 9), American Express unveiled a new global brand platform and marketing campaign dubbed “Powerful Backing: Don’t Do Business / Don’t Live Life Without It.”. In a press release , the payments company said the campaign is aimed at reflecting how people live and work today and celebrates the reality that life and business are becoming increasingly interconnected.

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Possible Hardware Debut Looms For Spotify — The Vehicular Kind?

PYMNTS

April 24 looms large for Spotify. The digital music streaming service last week said it would share news on that date at an event to be held in New York City. The details thus far are scant, and speculation is mounting. CNET reported the company sent a “save the date” invitation to journalists on Friday with only the date and “general location” disclosed.

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Ant Financial May Become The World’s Biggest Unicorn

PYMNTS

Through a private funding round that could make Ant Financial the world’s biggest unicorn, the Chinese financial firm — an affiliate of Alibaba — is reportedly seeking to raise $9 billion. The fresh investment could lead to a valuation of nearly $150 billion for Ant, The Wall Street Journal reported. According to people familiar with the matter, Ant Financial has been in discussions with potential investors.

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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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Albertsons Pulls IPO Plan

PYMNTS

Due to its deal to merge with Rite Aid , Albertsons is withdrawing its plan for an initial public offering (IPO). The grocer said its IPO registration statement had not been declared effective by the U.S. Securities and Exchange Commission (SEC), MarketWatch reported. That statement had been last amended in November and, as of that time, the company had not set the terms of its IPO.

Sales 51
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Nordstrom Gears Up For First Full-Line Store In Manhattan

PYMNTS

To draw in fashion-conscious customers and those on their lunch breaks, Nordstrom is gearing up to open its inaugural, full-line store in Manhattan. The location will stock men’s clothing along with shoes and grooming supplies in Midtown, The New York Times reported. “We know a market like New York doesn’t need just another place to buy a pair of pants,” Peter Nordstrom, a company co-president, told the Times.

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Mastercard’s Kirkpatrick: So Long, Farewell To Signature At The POS

PYMNTS

Tomorrow, April 13, signing a receipt at the end of a Mastercard credit or debit transaction at the physical POS will become a relic of payments history. Mastercard first announced its plan to go sans signature six months ago. It’s a change that’s long overdue for many consumers. Consumers like Karen Webster, who – in a conversation with Mastercard U.S. market development EVP Linda Kirkpatrick – shared a coffee shop anecdote about waiting in line behind someone who whipped out her debit card to

B2B 51
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How Worldpay Fights Fraud

PYMNTS

The transition to the EMV chip in North America has been both a boon and a bit of a headache when it comes to payments security. On the one hand, Worldpay ’s VP of Data Products Nicole Jass noted, EMV has done an awful lot to slam the door shut on card-present fraud. According to Visa, counterfeit fraud at U.S. chip-enabled merchants was down 66 percent in June of 2017 compared to June of 2015.

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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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Washington’s Metro System Plans For Mobile Payment Future

PYMNTS

To enable mobile payments, the Washington Metropolitan Area Transit Authority (WMATA) is working with its fare payment vendor to upgrade its payment capabilities. WMATA seeks to be “mobile ready” by 2019, the agency said in a statement. “Mobile fare payment is the future of transit, giving customers the ability simply to tap their phone and go, all without stopping at a fare vending machine or using a separate card,” Metro General Manager Paul J.

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It’s A Small (Connected By Payments) World After All

PYMNTS

According to the latest edition of the Payments Powering Platforms tracker, in the next four or five years, consumers globally will be making nearly 70 billion payments per year via online platforms. Those payments will make all kinds of services possible in places where they’ve never been: Brazil is getting its own ridesharing platform with Yellow , while Vietnam will see its digital payment volume kick up by nearly a quarter over the next few years.

Retail 50
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Fiserv Taps Worldpay US CEO To Lead Card Services

PYMNTS

Fiserv, a global provider of financial services technology solutions, announced Wednesday (April 11) it has named Kim Crawford Goodman president of card services. In a press release , Fiserv said that Goodman will be in charge of the company’s card services business, including debit and credit processing, ATM payment solutions and the Accel premier payments network.

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More Tech Means More Money For Small Biz Accountants

PYMNTS

When job search service Indeed.com released new data last year about the top professions being sought after by small business employers, the stats suggested something surprising. “Small business accountant” was not among the top 10 phrases searched for by those hirers, Indeed.com found. Instead, titles like “business analyst,” “data analyst” and “business development manager” topped the list.

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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.