This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Visa announced today that it will acquire eCommerce payment authentication leader CardinalCommerce. The move is expected to enable Visa’s global clients and partners to accelerate, scale and secure digital commerce as payments expands to include billions upon billions of connected endpoints. Mark Nelsen, senior vice president of risk and authentication products at Visa, said that the “strategic acquisition combines Visa’s industry expertise and Cardinal’s critical role in payment authentication
Intuit is giving its Lacerte tax software native support for dual monitors. Although many accountants have three and four monitors, the professional tax package had not had native support for dual monitors but will have that capability in its 2016 software.
Congress, with the passage of the Protecting Americans from Tax Hikes Act of 2015 (PATH Act), enables small businesses to use research and development credits (R&D credits) to offset payroll tax liabilities and Alternative Minimum Tax (AMT) liabilities.
To the average consumer, payments looks pretty simple and straightforward — especially when paying online. Enter a card number, hit buy and a millisecond later, the countdown to getting the goods begins. For those that use a mobile wallet, it’s even simpler. And while building all that simplicity for consumers is a good thing, actually making it simple — and secure — is basically what makes the digital commerce world go round.
Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.
So much changes. So much stays the same. That’s the key takeaway from the sixth year of TSYS’ U.S. Consumer Payments Study. While this year’s findings highlight the strides the industry and consumers have made towards digital payments, they also underscore how existing behaviors and patterns remain very much intact. There were five findings that Sarah Hartman , senior director of consumer issuing at TSYS , recently shared with Karen Webster regarding what TSYS found this time around and what the
For years, financial institutions have relied heavily on face-to-face interactions at the bank branch in order to determine the financial needs of their customers. The couple that just got married may soon be looking into a mortgage. The family with a baby on the way may want to start a new savings plan. But today, banks are struggling to make these complex decisions because, in many branches, customers are nowhere in sight.
Picture this: Amid preparing for a Thanksgiving family dinner, the flowers you had ordered from a business arrive — only, they’re not exactly what you ordered. They may be different sizes, arranged differently, include different flowers, despite placing an order for all of the arrangements to look the same. It’s a scenario SciQuest CEO Rob Bonavito’s family found itself in last week and is an all-too-common situation for holiday shoppers when consumer demand spikes.
Picture this: Amid preparing for a Thanksgiving family dinner, the flowers you had ordered from a business arrive — only, they’re not exactly what you ordered. They may be different sizes, arranged differently, include different flowers, despite placing an order for all of the arrangements to look the same. It’s a scenario SciQuest CEO Rob Bonavito’s family found itself in last week and is an all-too-common situation for holiday shoppers when consumer demand spikes.
There seems to be no shortage of ways the millennial workforce is disrupting the status quo. The same goes for corporate travel, with millennial professionals turning to mobile and virtual services to book travel, manage expenses and ensure a smooth business trip. New research from Australia and New Zealand found that this trend is particularly acute.
Only two days in, and December has already been good to bitcoin. This week saw bitcoin’s price jump over its previous 2016 high to reach a high of $778.14 today (Dec. 2) — well over November’s average price of about $725. Current numbers put the price at $769.79 at the time of writing. These things can change by the minute, as all cryptocurrency users well know, but the end of November and the first few days of December appear to have been good to bitcoin holders.
Whether it’s been the leaked emails of a major political candidate, massive security breaches from major companies like Yahoo and Dropbox or even the hacking of a U.S. bank regulator, information security has been a recurring headline in 2016. But what if a new technology could help safeguard and protect sensitive information, from emails and login credentials to bank accounts and other financial information?
It’s an inescapable trend for banks: Corporate clients want to be able to have the same convenient ways of banking that they already have access to in their consumer lives. It’s placed pressure on FIs to roll out mobile-friendly banking platforms for the CFOs and corporate treasurers that use their services, and while offering these solutions is itself a challenge, it’s also given rise to additional hurdles.
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.
San Francisco Bay Area-based Omnivore is working to change the way restaurants integrate technologies into their POS systems. Mike Wior, cofounder and CEO of Omnivore, said the idea for Omnivore’s cloud-based development platform came about when he was working on the MenuPad, an order-at-the-table solution launched by Chris Sullivan, cofounder of Outback Steakhouse.
No less a tech behemoth than Apple is looking to use drones in its own operations, in a move that Bloomberg said seeks to boost the firm’s Maps service. This would be a shot across the location-mapping bow of Google, the newswire said earlier this week. Apple is in the midst of bringing together robotics and data collection professionals with an eye on speed in mapping out information, typically gathered “on the road,” literally, through vehicles.
Disruptive, innovative technology can change markets in ways that could never have been predicted. The rise in Big Data, for instance, has encouraged the exploration of new ways to make use of digital payments data. For corporate payments, that could mean more accurate cash flow forecasting, fraud identification or more efficient reconciliation. But U.K. travel technology company Voyage Manager , which offers traveler tracking capabilities for employers with traveling staff, has identified anoth
Accounts payable automation company Transcepta has added a new way to support B2B transactions. The company announced Thursday (Dec. 1) that it is introducing a dynamic discounting feature into its cloud-based AP automation and procure-to-pay platforms. Transcepta Dynamic Discounting enables corporate buyers to select which suppliers they are seeking early payment discounts from, while suppliers can opt in to the service.
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.
The Problem With PayDay Lending . There is neither a shortage of controversial topics in financial services or financial technology nor a shortage of subjects that tend to polarize people. But short-term lending — in all its many forms, including payday loans, auto-title loans and some installment loans — is especially good at arousing passion in those who debate it.
Adobe Digital Insights has released its latest holiday shopping data. As predicted, this year’s Cyber Monday was one for the record books. Online shopping sales starting at midnight sent customers into a purchasing frenzy, dropping over $3.45 billion online on Cyber Monday — a reported 12 percent increase over the same day last year. This is a new record for the largest day in U.S. eCommerce.
To attend this live digital discussion on Thursday, December 8, 2016 at 1:00 PM (EST), please complete the registration form shown below: [contact-form-7]. Overview: According to the Center for Financial Services Innovation, more than half of American adults struggle financially on a recurring or occasional basis. To cope, consumers are using alternative sources to meet their financial needs – instead of turning to their banks.
The holiday shopping season has finally kicked into high gear — in online stores and brick-and-mortar alike. Recent data from Google show that, though customer foot traffic may be on a downward trend the rest of the year, Black Friday brings them back into stores — especially if the store sells electronics, clothing or toys. Compared to an average weekend day in November, foot traffic into physical stores rose 65 percent on Black Friday.
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.
[link]. Eye think we’ll have a few puns — when it comes to biometrics, wordplay can be visionary, and payments innovation is within sight. Ba dum tss. But perhaps the time has come to take another glance at eye-based biometrics — fittingly, the focus of the latest installment of Data Drivers with the CEO and founder of EyeVerify, Toby Rush. In this week’s episode, Karen Webster and Rush dug into three data points which tell the story of how the eyes have it when it comes to authenticating a cons
Acquiring new clients is hard, but keeping them can be even more challenging. Just ask health and wellness businesses. These companies often have a difficult time both winning over new clients and then retaining them. With more than 50 percent client turnover each year, paired with a rash of missed appointments that can cost companies as much as $1,000 per appointment, businesses are eager for a solution that can help bring in loyal, long-term customers, while also offering scheduling, data, mar
Boston-based company Cybric is a relative newcomer on the cybersecurity scene, but it’s re-envisioning how developers test the security of their applications. “If you look at the cybersecurity landscape, there are over 1,220 solutions and tools,” said Mike Kail, Chief Innovation Officer at Cybric. “There have been incremental approaches to application security and security in general, but there hasn’t been enough focus.
The U.K. was one of the first markets to truly push for faster payments with the launch of the Faster Payments Service , an initiative spearheaded by several government agencies and top banks. Several years later, the initiative has made big strides as other markets around the globe look to the U.K. to launch their own faster payments efforts. But there is still a long ways to go, and in the several years since the Faster Payments initiative first began, it’s also morphed to evolve along w
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.
Consumers aren’t the only ones enjoying the discounts and deals brought on by the holiday season. Even hackers are cashing in and stocking up. James Chappell, CTO and co-founder of Digital Shadows , joined PYMNTS for this week’s Hacker Tracker to discuss how cybercriminals are enjoying their own version of the holiday shopping season across online marketplaces on the dark web.
So, what’s key to seeing big gains in mobile payments? Thinking small. A recent survey found consumers in China are more likely to use a smartphone to make an online purchase compared to consumers in the U.S. and the U.K. To understand why consumers in China are adapting to mobile payments solutions at a faster rate than their counterparts in North America and Europe, PYMNTS spoke with Sy Choudhury, senior director of product management for Qualcomm.
We’re covering two weeks’ worth of B2B venture capital funding, and across the board, India has come out on top. The nation saw four startups take home investment out of a total of seven investment rounds. But the largest venture capital funding round went to an accounts payable automation firm in the U.S. with an $18 million investment.
Close to 50 percent of cross-border digital buyers age 18 and over have made purchases of clothing, apparel, footwear and accessories from cross-border eCommerce sites during 2016. Citing data from PayPal and Ipsos, eMarketer said in a report that nearly one-third of digital buyers age 18 and over said they made purchases of electronics, computers, tablets, mobile phones and peripherals from websites outside of their country.
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.
Fixed versus dynamic is the push-me-pull-you of payments. The move to digital is forcing the payments and financial services ecosystem to adopt a more dynamic way of thinking and delivering services. Fixed infrastructure can sometimes make that a challenge. Take credit scores. Over the years, credit scores have increasingly been used to inform and influence decisions for lenders and consumers.
Late payments are considered an epidemic by some in the U.K. as small businesses struggle to keep their financial heads above water. Just this week, researchers at Amicus Commercial Finance found that SMEs in the U.K. write off $62 billion in unpaid invoice debt as losses every year. For the companies that do ultimately receive payment for their outstanding bills, the payment terms can be long and disrupt cash flow, leading business owners to struggle with paying their own suppliers and employee
Walmart shares are up amid a push to boost its eCommerce presence to allow the retail giant to compete with e-retail behemoth Amazon. Walmart’s eCommerce growth also recently accelerated by 12 percent. Though Walmart is second only to Amazon in terms of online users (and most other categories in the eCommerce space), it’s a distant second. Amazon boasted 200 million unique monthly users in October — nearly twice as many as Walmart’s 113 million.
They say money doesn’t buy happiness, but over the Thanksgiving weekend, that phrase just doesn’t cut it. Black Friday is about spending and moving retailers into the black. Small Business Saturday shifts the transactions to independent retailers. And then Cyber Monday reboots the shopping week into the digital space. What do they all have in common?
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.
We organize all of the trending information in your field so you don't have to. Join 237,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
90 
Let's personalize your content