Sat.Mar 18, 2017 - Fri.Mar 24, 2017

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Payline Launches Payment Processing API, Developer Sandbox

PYMNTS

Payment solutions company Payline Data is the latest to launch an API for other businesses looking to process payments. The company announced this week that it is rolling out Payline I/O, a payment facilitation API for developers to integrate Payline solutions into their own tools. Payline I/O is offering a developer sandbox for developers to test out the solutions they create before they deploy them for real-world use.

B2B 73
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Section 987 Regulations: Key Considerations

Katz,Sapper&Miller

At long last (after 25 years), on Dec. 7, 2016, the Treasury and Internal Revenue Service (IRS) issued final and temporary regulations under Internal Revenue Code Section 987. These regulations replace the previously proposed 1991 regulations as well as the previously proposed 2006 regulations.

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Trending Sources

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TreasuryXpress Develops Payments API

PYMNTS

Earlier this week, Anis Rahal, CEO of treasury management company TreasuryXpress, told PYMNTS that the API has potential to disrupt the treasury management solutions space. Now, the company is acting on that belief. Reports Wednesday (March 22) said TreasuryXpress has launched its API, Payment+. The solution will be offered in the TreasuryXpress store and supports the creation of payment files from existing ERP or treasury management systems ready to be sent to the bank.

B2B 70
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Turning Restaurant Payments Invisible

PYMNTS

It’s a situation that is all too familiar to most people who have gone out for dinner or even to grab drinks at happy hour. You’re ready to go, but the waiter or bartender isn’t bringing the bill. Though restaurants and bars have come a long way in their offerings, oftentimes payments still remain a bottleneck in getting guests in and out the door. BarFrog is a mobile platform that connects restaurants and bars to the customers who want to frequent them, but with the integration of mobile paymen

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Planning Your Restaurants 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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Compliance As Competitive Advantage

PYMNTS

Detecting financial crime activity is no longer a payments problem siloed by job title and sloughed off to payments professionals — it is an organizational effort. As more payments go digital, bad guys must be more closely scrutinized by all levels of any organization. In an interview with PYMNTS’ Karen Webster, Cheryl Gurz, program director of global payments for CGI , said that to properly address financial crime, it must first be defined.

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SAP Ariba Pulls Bot Hype Into Procurement

PYMNTS

B2B FinTech is taking advantage of bot technology across use-cases, from SME banking to accounting. SAP Ariba has just become the latest to add to this trend and is pulling the hype over chatbots into the world of procurement. The company said this week that it is developing an eProcurement bot, deploying artificial intelligence, to enable streamlined accurate and compliance procurement processes.

B2B 54

More Trending

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Bringg Brings Competitive Edge In On-Demand Climate

PYMNTS

The on-demand revolution is well under way, fueled by innovators like Amazon and Uber as well as the move to online and mobile channels. Consumers expect more than ever from their delivery experiences. To stay competitive, consumer-facing companies need to change the way they operate, said Lior Sion, cofounder and CTO of global enterprise logistics management solutions provider Bringg.

B2C 52
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Bitcoin Stabilizes After 3-Day Nosedive

PYMNTS

Three days into what can only be termed a rout, shares of bitcoin have stabilized — if we accept the skewed maxim that one day’s trading makes a trend. Reuters noted Monday that the digital currency gained at least some traction, after the previous three sessions slammed pricing to its lowest level since 2015. The peak seems far away, at $1,350.

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U.S. Bank’s Confidence In Mobile B2B Payments

PYMNTS

Adoption of mobile payments has been anything but explosive. Sure, there has been a steady increase in the use of platforms like Apple Pay and Android Pay, but the reality is adoption levels — especially in the U.S. — aren’t near where some may like them to be. According to data from PYMNTS and InfoScout, as of June 2016, more than a third of survey respondents said they rarely consider using Apple Pay.

B2B 51
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To Help Foot Traffic Analysts, FourSquare Unveils Location Data Dashboard

PYMNTS

With over 93 million mapped locations, it’s safe to say Foursquare has cornered the market on foot traffic pattern for brick-and-mortar retail locations. The location-based tracking service is taking its services to a new level with the unveiling of its new analytics tool. Over the last few quarters, Foursquare has reached out to and been working silently with various brands to develop its Foursquare Analytics tool.

Retail 51
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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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Subscription Services Not Resonating With Baby Boomers, Gen Exers

PYMNTS

Vantiv, the credit card payment and processing company, has found via new research that there are increasing disparities in subscription spending habits from one generation to the next. In a press release announcing the results of its study, Vantiv said that while Gen Xers and baby boomers aren’t joining subscription services at a fast clip, millennials are.

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It’s Not Easy Being Green: Cannabis Payments

PYMNTS

In 1992, a discussion about buying marijuana was pretty straightforward. Back then, it was illegal and socially stigmatized. Walking into a storefront to buy it was pretty much out of the question — unless you happened to be connecting thru Amsterdam. Most transactions occurred on street corners or back alleys, and payment was in cash. Four years later, in 1996, the situation regarding marijuana legislatively changed dramatically, when California passed Proposition 215 and legalized marijuana fo

Legal 49
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U.S. Bank Adds Mobile Payments Support To Travel Corporate Card

PYMNTS

U.S. Bank Corp. announced Monday (March 20) travel card clients can soon pay via Apple Pay , Android Pay and Samsung Pay. In a press release, U.S. Bank Corp. said the addition of the new payment methods enables commercial cardholders to easily and securely pay with compatible device, making U.S. Bank the first financial firm to offer mobile payments for a Visa corporate card.

Retail 48
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Amazon Adds Outfit Compare Feature to Mobile App

PYMNTS

Amazon just released a new feature that effectively adds “personal fashion consultant” to the online retailer’s ever-growing list of offerings. Outfit Compare, as it’s called, just recently made its debut for Prime members on Amazon’s shopping app. Picture a mobile-optimized version of Cher Horowitz’ outfit selection software from the movie Clueless.

Retail 48
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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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Cannabis Dispensary SaaS Provider Baker Technologies Raises $3.5M

PYMNTS

Is the way March will end for the Investment Tracker, not with a bang but a whimper? In the period that ended March 17, investment activity could only be termed anemic. The week saw only $159 million in fund flows, with no triple-digit deals seen at all. The B2B space took sway in the period. All told, activity measured barely a sixth of the previous week’s.

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Is Main Street USA Winning (Again)?

PYMNTS

Main Street USA isn’t just growing — it’s exploding. The latest PYMNTS Store Front Index™ reveals that store front businesses in the U.S. grew by 2.1 percent in Q4 2016. That growth was powered in part by the booming fitness industry, which clocked in with a 6 percent growth rate, while presumably helping to reduce the collective American waistline at the same time.

Maine 47
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UK Police Warn Of New ATM Fraud Threat

PYMNTS

U.K. police have warned the public about a new fraud threat at the local ATM: tiny cameras drilled into London ATMs. According to The Telegraph , the cameras are so well-hidden that it would be extremely difficult for bank customers to locate them. The tiny pinhole cameras are hidden by a false casing on the machine and can film people putting in their PIN numbers.

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Select Restaurants, Inc. Breached Via POS Vendor

PYMNTS

Select Restaurants Inc., which owns a number of well-known restaurants nationwide, was identified by Google as possibly being the victim of a large credit card breach. A report from KrebsOnSecurity noted that Google assigned a “This site may be hacked” warning directly under the search results for Select Restaurants. When this message is displayed, it typically means that the site has been compromised in some way by scammers.

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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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Ariba Network Adds Mobile Check Deposit Support

PYMNTS

Mobile capture firm Mitek is now supporting mobile check deposit for B2B clients using the Ariba Network. Reports Monday (March 20) said Mitek’s mobile check capture and identify verification software now integrates into the Ariba Network, allowing companies to use the technology to deposit checks using their mobile device. The solution will use Mitek’s MiSnap Multi-Check Capture and Mobile Deposit applications, the firm said.

B2B 46
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Tech Center: Chicago On Deck

PYMNTS

Chicago is more than just the place the Chicago Cubs and Bulls call home. It’s more than just the place where the movie “Ferris Bueller” was filmed, and they yelled “Swing batter, batter swing!” from the stands at Wrigley Field. Bubbling under the surface of Chicago lies an up-and-coming tech center. With more businesses branching out of areas like Silicon Valley, the Midwest is likely a place where startups can be founded at a more reasonable financial rate.

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Hacker Tracker: Mysterious Cyber Gang Goes After Apple

PYMNTS

It’s been an interesting week when it comes to Apple’s cybersecurity news. Whether a mysterious “crime family” is really out to compromise iCloud and.mac accounts is yet to be seen, but either way the possible extortion of a tech giant is worrisome. In this week’s Hacker Tracker , cybersecurity experts weigh in on what may or may not impact hundreds of millions of Apple customers.

Maine 45
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Can IoT-Based Carts Lure Online Shoppers Out Of Hibernation?

PYMNTS

Whether in online marketplaces or in the brick-and-mortar space, the best merchants want to make shopping an easier experience for their customers. In the online world, good eCommerce merchants are looking to build a strong online brand and retain customers in order to provide their consumers easily navigable user experiences with up-to-date pricing and a simple checkout experience, along with the most efficient delivery options.

Retail 45
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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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Making Algorithms Play Fair

PYMNTS

Every day the average American consumer comes into contact with hundreds — if not thousands — of algorithmically powered experiences. The ads one sees on Facebook or Google were served courtesy of an algorithm that mashes up data points about what you have searched for in the past and where you have shopped. The blazer, blouse and shoes recommended for you by your favorite eTailer was also decided by an algorithm that mashed up data points about what you bought in the past and their inventory.

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China To Secure Digital Future, Mastercard CEO Says

PYMNTS

At the China Development Forum in Beijing on Sunday (March 19), Mastercard CEO Ajay Banga shared how the proliferation of connected devices has opened the door for China to upgrade its cybersecurity framework in order to keep pace with increasing digital connectivity and integration. Banga discussed how small and medium enterprises (SMEs) are in need of significant support to help manage and mitigate cyber risks.

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Chatbot Tracker: To Jump Or Not To Jump On The Chatbot Wagon?

PYMNTS

Chatbots have been around for quite some time, but businesses have had trouble getting them fully off the ground. Before a certain social media giant started participating in the chatbot scene, consumers were required to download various apps on their devices for access. With Facebook’s Messenger welcoming businesses to create their own chatbots for integration, we’ve been seeing more companies looking for ways in which to participate and take advantage.

Gaming 44
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HHGregg’s Failed Asset Sale Results In Chapter 11

PYMNTS

Appliance and electronics retail giant HHGregg hasn’t had the easiest first few months in 2017, and it’s not looking too good in recent news. We reported on the retailer’s potential bankruptcy in February , and then HHGregg announced the closing of three distribution facilities along with 88 stores. All of this seems to not be enough to pull it out of its seemingly downward spiral.

Sales 43
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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.

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From AR To AP, B2B Investors Broaden Their Scope

PYMNTS

Investors diversified their funding to B2B companies this week, hitting several areas of corporate finance including accounts payable, accounts receivable, payroll and supply chain management. There weren’t any groundbreaking rounds — $4 million here, $10 million there — but a B2B consulting and research company secured an impressive $56 million from backers.

B2B 43
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Giant Russian Money Laundering Scheme Sweeps Up Big Banks Worldwide

PYMNTS

According to reports out this morning in The Guardian, some of Britain’s best-known banks have processed around $740 million that came care of a massive money laundering operation. And if one happens to be an American reading this and feeling smug this AM — don’t. Big U.S. banks processed over $63.7m. They include Citibank ($37m) and Bank of America ($14m).

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Is The Silicon Valley Startup Scene On Its Way Out?

PYMNTS

For years, Silicon Valley has rested pretty knowing it was the king of startups for tech and various other industries. However, research shows technology companies are looking for opportunities outside of the well-known haven and are knocking hard on the competition door … and global cities are answering the call. Tech startup cultivator Startup Genome shared findings from its Global Startup Ecosystem Report and Ranking 2017, which showed Silicon Valley slipping among top U.S. cities.

Maine 43
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Walmart’s Vudu App Unveils ‘Disc-To-Digital’ Feature

PYMNTS

Walmart’s streaming video platform Vudu announced the launch of a mobile service that will convert physical movies to digital for just $2 each. Vudu’s Mobile Disc-to-Digital feature is now available for nearly 8,000 movies with a scan via the Vudu mobile app. After scanning the barcode on the physical disc case, the movies can converted to SD or HDX and be viewed on a range of Vudu-enabled devices, including televisions, Blu-ray disc players, gaming consoles, streaming players, and phones and ta

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How CPA Firms Can Profit From Payroll Services Without the Extra Work

"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.