PYMNTS

MARCH 9, 2018

Foreign exchange solutions company OANDA is enhancing its application programming interface (API) that opens up its foreign exchange (FX) technology to third-party apps. The company announced news on Thursday (March 8) that its Exchange Rates API has been updated to include real-time FX rates. According to OANDA, the API supports updates to FX rates every five seconds, enabling third-party developers to integrate this solution into their own mobile apps.

Technology 70

Technology Tax B2B 70

Katz,Sapper&Miller

MARCH 7, 2018

Troy Hogan, director in Katz, Sapper & Miller’s Transportation Services Group, will present at the Indiana Motor Truck Association’s (IMTA’s) 2018 Spring Transportation Summit. Taking place April 23 in Indianapolis, IN, the IMTA’s Spring Summit offers industry professionals the ability to network with colleagues and hear experts discuss hot topics impacting the trucking industry.

Transportation 40

Transportation Indiana 40

PYMNTS

MARCH 7, 2018

Blockchain is now an official word in the Merriam-Webster dictionary. Of course, the FinTech industry doesn’t have to look it up, but the dictionary now defines blockchain as a technology that enables the keeping of records of financial transactions in a digital database as part of a publicly accessible network. The addition of blockchain to the dictionary is symbolic of the technology’s continuing proliferation.

Transportation 64

Transportation Technology Retail B2B 64

PYMNTS

MARCH 5, 2018

PayPal looks to increase the adoption of cryptocurrency as a payment method by recently filing for a patent application. CoinDesk , citing an application with the U.S. Patent and Trademark Office titled “Expedited Virtual Currency Transaction System,” lays out a method by which private keys are traded from buyer to seller in an effort to cut down on the time it takes for payments to go through between a customer and a merchant.

Technology 63

Technology Retail 63

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PYMNTS

MARCH 7, 2018

Ripple — the blockchain company whose technology powers the cryptocurrency XRP — has created a new payment app in which transactions are settled instantly. According to news from CNBC , the new app was created with a group of 61 banks in Japan. Dubbed Money Tap, the mobile app will launch in the fall and will be initially offered through SBI Net Sumishin Bank, Suruga Bank and Resona Bank, three of the consortium partners.

Account 58

Account accountant accounted Technology 58

PYMNTS

MARCH 5, 2018

To create a financial product that would appeal to younger customers and those without a bank account, Amazon is reportedly in talks with big banks like JPMorgan Chase about designing a checking account-like product. The discussions are in the early stages, and there’s no guarantee the product would come to market, The Wall Street Journal reported.

Healthcare 57

Healthcare Account accountant accounted 57

PYMNTS

MARCH 6, 2018

After its point of sale (POS) systems were reportedly affected by malware designed to capture credit card information, RMH Franchise Holdings is warning that its Applebee’s restaurants in 15 states suffered a data breach. The company said all its 167 locations were impacted, Bank Info Security reported. “In addition to engaging third-party cybersecurity experts to assist with our investigation, RMH also notified law enforcement about the incident and will continue to cooperate in their inv

Sales 56

Sales Retail 56

PYMNTS

MARCH 6, 2018

Adding to the sundry benefits of Prime, Amazon is launching free two-hour delivery of Whole Foods groceries in Atlanta and San Francisco through Prime Now. The service launched last month in four cities, and the company plans to expand the service this year, the company said in an announcement. “We’re happy to bring our customers in San Francisco and Atlanta the convenience of free two-hour delivery through Prime Now and access to thousands of natural and organic groceries and locally sourced fa

Virginia 54

Virginia Retail E-commerce 54

PYMNTS

MARCH 6, 2018

As the European Union (EU) prepares for the U.K.’s exit from the bloc next year, the EU’s executive is set to propose a draft law aimed at boosting the FinTech market throughout the region. According to news from Reuters , a document by the European Commission revealed that the law would enable the FinTech sector to grow through crowdfunding and common blockchain technology standards.

Maine 54

Maine Finance Technology 54

PYMNTS

MARCH 6, 2018

Citigroup is gearing up to launch a digital consumer bank that will be national in scope and will arrive within the next three years. Citing Citigroup Chief Financial Officer (CFO) John Gerspach, Reuters reported the executive said at an investor conference that the financial company is “laying the groundwork for having a national digital bank. I am not making an announcement right now, but I would be really disappointed if it was anything close to being three years away.”.

Texas 54

Texas Start-ups Technology 54

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.

PYMNTS

MARCH 9, 2018

While the European Banking Authority has created a “roadmap” on how to regulate emerging FinTech services, the body is not keen on creating a unified approach to cryptocurrency regulation — at least not yet, Reuters reported. As new European Union rules are making it easier for startups to roll out services, such as payments, European Banking Authority Head Andrea Enria said his organization would look into the services provided by FinTech firms, “with a view to ensuring that similar services, e

Finance 53

Finance 53

PYMNTS

MARCH 7, 2018

The whirlwind of FinTech investment shows no signs of slowing. In fact, new data from venture capital (VC) analysis firm CB Insights, analyzed by global management consulting and professional services firm Accenture Financial Services, suggests FinTech startups’ VC funding hit a new high last year, with major deals in the U.S., the U.K. and India leading the charge.

B2B 52

B2B B2C Non-Profits Finance 52

PYMNTS

MARCH 5, 2018

Distributed denial of service attacks, otherwise known as DDoS , have now added a cryptocurrency mining twist to the scam, requiring victims to pay the ransom. According to a report in Fortune , Akamai, the internet services company, was looking into the increase in DDoS attacks when it noticed that within the malicious traffic were ransom notes. In one example, a note demanded 50 XMR, or Monero, which is a cryptocurrency.

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51

PYMNTS

MARCH 8, 2018

TSYS, a global payment technology company based in Georgia, announced Wednesday (March 7) a new payment solution dubbed Advanced AuthControl will be implemented at Walmart and Sam’s Club locations around the United States. In a press release , TSYS said the patent-pending payment solution is able to recognize qualified purchases by a consumer’s health care plan.

Georgia 51

Georgia Retail Sales Technology 51

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

Technology

PYMNTS

MARCH 6, 2018

Clothing companies can’t seem to please customers lately. Consumers are spending half as much as they once did and are sick and tired of retailers’ tired omnichannel offerings. But clothing companies aren’t alone in their struggles. Recently, retailers the world over have had to supercharge their stores, websites and mobile apps with features customers crave in order to compete in the omnichannel age.

Technology 51

Technology Retail Maine 51

PYMNTS

MARCH 6, 2018

A new report has revealed that there was a 10 percent increase in the number of payment cards compromised at U.S. ATMs and merchants in 2017. “The number of compromises and the number of card members impacted set a new record last year,” said TJ Horan, vice president of fraud solutions at FICO. “While most devices are safe, fraudsters are developing new technology and methods for hacking ATMs.

Retail 50

Retail Account accountant accounted 50

PYMNTS

MARCH 5, 2018

Uber Eats or Grubhub ? Postmates or Instacart ? For last-mile delivery, there are several choices for consumers to get take out, household products or their groceries delivered to their doors from a local store by a courier. But by using these third-party services, retailers give up a part of their brand identity. They’re selling goods on another company’s app that shows another company’s branding, after all.

Pharmaceutical 49

Pharmaceutical Technology Retail E-commerce 49

PYMNTS

MARCH 5, 2018

And so, the SEC might be shorthand for “Scare Every Cryptocurrency Firm.”. News came this past week, and a regulatory shoe of sorts dropped when the U.S. Securities and Exchange Commission issued scores of subpoenas and Requests for Information (RFIs) focused on initial coin offerings (ICOs). On the one hand, the move is hardly unexpected. After all, the regulatory clime has been getting a bit heated for all things crypto based – and as has been seen elsewhere in the world, such as in South Kore

Gaming 49

Gaming Legal Tax Government 49

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Technology

PYMNTS

MARCH 5, 2018

Procter & Gamble made headlines last week when its Chief Brand Officer, Marc Pritchard, confirmed that the world’s largest advertiser cut $200 million of digital advertising spend in the last nine months of 2017. That year, P&G’s ad spend totaled $7.1 billion. That wasn’t the big news. The big news was Pritchard’s blunt admission that the reduction in spend had no impact on the performance of P&G’s business.

Gambling 49

Gambling Massachusetts Start-ups Retail 49

PYMNTS

MARCH 7, 2018

The Federal Trade Commission (FTC) has announced that new Medicare cards will be mailed out starting next month. The new cards are being issued to protect consumers from identity theft. With that in mind, Medicare is removing Social Security numbers from its cards and replacing them with a unique Medicare number. The cards will be mailed in waves to various parts of the country from April 2018 until April 2019.

49

49

PYMNTS

MARCH 6, 2018

Rod Drury, founder and CEO of New Zealand small and medium-sized business (SMB) accounting company Xero, is stepping down from the position, according to Sunday (Mar. 4) ZDNet reports. Microsoft Australia CEO Steve Vamos will take Drury’s place next month. Drury founded Xero 11 years ago, and Vamos has been preparing to take on the role for the last 18 months.

Non-Profits 49

Non-Profits Start-ups Account accountant 49

PYMNTS

MARCH 6, 2018

Happay , a business expense management company based in India, has landed a partnership with HDFC Bank , reports in Business Standard said on Monday (March 5). The company will link HDFC small business (SMB) customers to its travel and expense management solution, which is tied to a prepaid card. The tool enables entrepreneurs to manage employee spend while on business trips.

Expense Management 49

Expense Management B2B Travel Expense Management 49

Advertiser: Paycor

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PYMNTS

MARCH 6, 2018

In the Big Apple, where space is at a premium, it’s not easy to grow farm fresh produce. As a result, most produce that ends up on a diner’s plate there comes in refrigerated trucks from a farm far away. It’s an ecological nightmare with all the energy needed to fuel the trucks — and the produce doesn’t always arrive in grocery stores or city restaurants all that fresh, after all.

New York 48

New York Agriculture Maine Retail 48

PYMNTS

MARCH 7, 2018

Poetry in motion? Maybe not. Value-added data in motion? Definitely so. Ours is the Age of Information, to be sure. The information is constant — and for businesses of all stripes and sizes, it’s a deluge. How to wrap corporate arms around it all? DataTorrent ’s Jeff Bettencourt, SVP of marketing and business development, said traditional attitudes surrounding information are such that firms collect data, store it in a central location and then “extensively poke at that data to get the informati

Start-ups 47

Start-ups online accounting Retail Account 47

PYMNTS

MARCH 6, 2018

Payments and commerce so often boil down to giving consumers what they want, and the same is looking to be true for blockchain , the popular distributed ledger technology underlying cryptocurrencies such as bitcoin, Ethereum and Litecoin. Of course, those are just the biggest names in the game today – there are hundreds of smaller companies trying to get their homegrown cryptocurrencies off the ground by wooing crypto fans with initial coin and token offerings (ICOs and ITOs).

Technology 47

Technology Gaming Government Sales 47

PYMNTS

MARCH 6, 2018

The Infatuation, the restaurant discovery platform, announced Monday (March 5) it is acquiring the restaurant review brand Zagat from Google , nearly seven years after it paid $151 million for it. In a press release , The Infatuation said that adding Zagat’s brand to its website, mobile app and messaging will help it expand as it aims to become a heavy hitter in the restaurant discovery market.

Technology 47

Technology 47

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Finance

PYMNTS

MARCH 5, 2018

Nippon Ichi Software announced news that its American division, NIS America, was the victim of a major data breach that exposed the personal and financial data of online customers. According to the International Business Times , the Japanese gaming developer has offered those affected by the breach special codes for a $5 discount on their next purchase.

Gaming 47

Gaming Account accountant accounted 47

PYMNTS

MARCH 5, 2018

In one of the least romantic coincidences of all time, Lent kicked off on Valentine’s Day this year. One is our annual celebration of romance, lust, passion and chocolate — and the other is a large portion of the population’s annual festival of feeling bad about excesses of all kinds. There is really no good way to celebrate them both at the same time.

New York 46

New York Start-ups Sales Retail 46

PYMNTS

MARCH 6, 2018

To provide rides to people who can’t drive to their doctor’s appointments, Lyft is expanding its partnerships with healthcare providers by teaming up with Allscripts to reach approximately 7 million patients, USA Today reported. “The idea is here simply to give healthcare providers the ability to call a ride for a patient by pushing a button inside systems they already use,” Lyft Chief Business Officer David Baga told USA TODAY.

Healthcare 46

Healthcare Hospitality Transportation Education 46

PYMNTS

MARCH 5, 2018

Foot Locker is the latest in a long line of retailers drastically reducing their store counts and slashing underperforming locations to cut costs, according to Business Insider reports. Those closures will be somewhat balanced out by approximately 40 high-profile store openings, with the goal of the closures to limit the company’s exposure to malls that are no longer able to draw foot traffic.

Real Estate 46

Real Estate Retail 46

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"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.

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