PYMNTS

NOVEMBER 6, 2019

Amazon is planning to build a $40 million state-of-the-art robotics innovation hub near Boston that will result in the creation of 200 tech and manufacturing jobs, Amazon announced in a press release Wednesday (Nov. 6). Tye Brady, chief technologist at Amazon Robotics, said the new hub will speed-up innovation and will be a “world-class facility, where our teams can design, build, program, and ship our robots, all under the same roof.”.

Massachusetts 64

Massachusetts Manufacturing Education Maine 64

Katz,Sapper&Miller

NOVEMBER 7, 2019

Donna Niesen has been named by the Indiana Chamber of Commerce as a 2019 Samuel C. Schlosser Volunteer of the Year. The award honors community leaders who give their time and expertise to the Chamber for the benefit of all Hoosier businesses.

Indiana 40

Indiana 40

PYMNTS

NOVEMBER 5, 2019

A relentless focus on customer experience and simplifying complexity are the defining characteristics of the most valuable companies in the world today. It’s a concept Rob Orgel, now the new president and chief operating officer at Flywire , told Karen Webster was foundational to his decade-long career at Apple — where he was part of the leadership team that developed, rolled out and grew the Apple Pay business.

Healthcare 61

Healthcare B2B Education Legal 61

PYMNTS

NOVEMBER 3, 2019

U.S. homeowners’ decision to stay in their homes longer is keeping much-needed inventory off the real estate market, causing a slip in home sales. New analysis by Redfin found that homeowners around the country are typically staying in their homes for 13 years, five years longer than they did in 2010. “If people aren’t moving on, there just are fewer and fewer homes available for new home buyers,” said Daryl Fairweather, Redfin’s chief economist.

Real Estate 61

Real Estate Sales Government Tax 61

Speaker: Melissa Hurrington

Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.

Finance

PYMNTS

NOVEMBER 5, 2019

Visa has released a statement saying Tencent’s announcement that it will support international card schemes in its mobile wallet is “a great step forward” for the payments industry. “Visa believes this is a great step forward, both for consumers travelling to China and the overall payments industry. In a truly global commerce environment, collaboration is essential to provide consumers with a seamless payments experience,” Visa said in a release. .

Technology 58

Technology 58

PYMNTS

NOVEMBER 5, 2019

Coca-Cola’s supply chain operations are run by an IT firm called Coke One North America (CONA), and the company recently had such a successful run with blockchain software provider SAP that it’s going to expand the program from two to 70 manufacturers, according to reports. . Those manufacturers deliver about 160,000 bottles a day. The purpose of the blockchain push was to help improve distribution and allow the manufacturers access to others’ orders and specifications. .

Manufacturing 55

Manufacturing Start-ups Sales B2B 55

PYMNTS

NOVEMBER 5, 2019

Walmart has introduced a new program called Delivery Unlimited in 1,400 of its stores. Customers who want to order groceries from Walmart without having to pay a per-delivery fee every time have the option of paying $98 a year or $12.95 a month, according to the company. “That means shopping has never been easier or come at a better value — order your full grocery list plus anything you may need for the week ahead (like that toy you forgot for the birthday party this weekend!

Start-ups 53

Start-ups Retail 53

PYMNTS

NOVEMBER 5, 2019

While there is little good to be said about criminal fraudsters who plague merchants by stealing credentials to snag goods with absolutely no intention of ever paying for them, they at least have the merit of being a fairly homogeneous group in terms of intention. The goal is to steal as much and as often as they possibly can. Fraud is their profession.

Retail 53

Retail 53

PYMNTS

NOVEMBER 7, 2019

Digital identities are flexibly changing forms as they gain ubiquity. Consumers around the world log in to eBay with their Facebook profiles, purchase lunches with Apple Pay and in some cases pay their taxes or register to vote with government-provided digital identities. Many expanding technologies raise ethical implementation concerns, and digital ID’s extraordinary potential means coordinating clear and internationally accepted guidelines is increasingly necessary.

Government 52

Government Legal audit Technology 52

PYMNTS

NOVEMBER 3, 2019

Goldman Sachs said it doled out about $10 billion in credit lines in just over month for the Apple -branded credit card, Bloomberg reported on Friday (Nov. 1). . According to regulatory filings made public this week, Apple Card? customers had $736 million in loan balances at the end of September, though it’s not clear how that compares with other credit cards, as Bloomberg said banks do not break out performance by individual cards.

Retail 51

Retail 51

Speaker: Yohan Lobo

In the accounting world, staying ahead means embracing the tools that allow you to work smarter, not harder. Outdated processes and disconnected systems can hold your organization back, but the right technologies can help you streamline operations, boost productivity, and improve client delivery. Dive into the strategies and innovations transforming accounting practices.

Account

PYMNTS

NOVEMBER 8, 2019

Venture capital firm Andreessen Horowitz is offering a course to help entrepreneurs better understand blockchain technology and cryptocurrency companies, according to a report by CNBC. The firm was founded by Marc Andreessen and Ben Horowitz, and it has been one of the most active firms in the space, creating a $350 million fund dedicated to crypto investing.

Start-ups 51

Start-ups Technology 51

PYMNTS

NOVEMBER 3, 2019

Goldman Sachs said it doled out about $10 billion in credit lines in just over month for the Apple -branded credit card, Bloomberg reported on Friday (Nov. 1). . According to regulatory filings made public this week, Apple Card? customers had $736 million in loan balances at the end of September, though it’s not clear how that compares with other credit cards, as Bloomberg said banks do not break out performance by individual cards.

Retail 51

Retail 51

PYMNTS

NOVEMBER 4, 2019

Amazon has struggled with preventing counterfeit goods from infiltrating its marketplace. In the company’s ongoing efforts to prevent fraud on its site, Amazon announced a new program, Intellectual Property Accelerator, last month to help sellers make sure their products won’t be copied or counterfeited. From counterfeiting to identity theft to phishing attacks, digital fraud takes many forms — and online shopping continues to make consumers and merchants vulnerable to such attacks.

Retail 49

Retail Technology B2B Account 49

PYMNTS

NOVEMBER 7, 2019

To change the status quo — to upend the way it’s always been done — the mantra goes, “think outside the box.”. Or in payments, think beyond the rails. To that end, Alan Koenigsberg, global head of new payment flows at Visa Business Solutions , said in a Masterclass interview with Karen Webster that the B2B space represents a landscape ripe with opportunity.

B2B 49

B2B Technology 49

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Our 2025 Center Travel Survey is clear: as corporate travel increases, so does corporate credit cards distribution, and a rise in off-platform travel booking. This 61% rise causes various challenges: compliance, spend control, reporting problems, and a lack of visibility across organizations. To evolve with the ever-changing needs of travelers, decision-makers need a better solution.

accounting and finance

PYMNTS

NOVEMBER 7, 2019

Earlier studies found a surprising lack of both consumer and merchant awareness about the European Union’s Strong Customer Authentication (SCA) and second Payment Services Directive ( PSD2 ) regulations. Post-SCA deadline, a lack of readiness persists. SCA awareness is thankfully high among the payment providers tasked with executing and communicating the mandates to businesses and consumers.

California 49

California Retail Sales 49

PYMNTS

NOVEMBER 4, 2019

It has happened to almost everyone. The bill comes in the mail — or maybe via email reminder — and the customer says, “Oh, I have to pay this,” then puts the bill down on their kitchen table or desk. Days pass, stuff piles up and, before the customer knows it, the due date has come and gone. Now, they owe the original bill, plus the late fee. Amazon Pay Vice President Patrick Gauthier told Karen Webster in a recent interview that billing is one of those areas in which, once the company put a lit

Start-ups 48

Start-ups Account accounted accountant 48

PYMNTS

NOVEMBER 8, 2019

Biometrics isn’t as sci-fi as it once was. Thanks to smartphones equipped with facial and fingerprint recognition for security, many consumers now have up close and personal experience with newer forms of digital ID. Innovations — some more fantastical than others — keep emerging, though. Vein recognition? Voice patterns? Old hat. One of the newest forms of biometrics is the sound that an individual’s bones make.

Technology 48

Technology Retail Start-ups Government 48

PYMNTS

NOVEMBER 7, 2019

Tune.fm has become the first music streaming platform with an integrated cryptocurrency to run on Hedera Hashgraph ‘s public distributed ledger technology (DLT). Musicians have often struggled to get paid what they are owed for their work. This system will use a Hedera-based crypto token called Jam that enables fast micropayments for every second of music streamed between fans and artists.

Entertainment 47

Entertainment Technology 47

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Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, emails, and shared drives no longer need to slow you down. 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.

Technology

PYMNTS

NOVEMBER 7, 2019

Fresh food is one of those products that, depending on the context, can almost feel like a minor luxury. Sure, consumers who can get to good grocery stores or farmers’ markets (not all shoppers can) or afford to subscribe to meal-kit delivery services, are assured of a steady supply of nutritious eats. But even so, many consumers work long shifts at places where vending machines and cafeterias offer, at best, mildly nutritious fare.

Technology 47

Technology Hospitality Maine Retail 47

PYMNTS

NOVEMBER 5, 2019

“Service with a smile” has been a foundation of the consumer-facing restaurant industry , implying that warmly welcomed customers keep coming back. A new technological advancement could flip that model on its head, however, and enable customers to start the service process with their own smiles. . A handful of restaurants have run facial recognition technology experiments at their self-service kiosks.

Technology 46

Technology Hospitality Maryland Pennsylvania 46

PYMNTS

NOVEMBER 4, 2019

In today’s top payments news, Banco Santander is acquiring just over 50 percent of the U.K. payments platform Ebury for $453 million. Also, Goldman Sachs has doled out approximately $10 billion in credit lines for the Apple -branded credit card. And Capital One is back online after a major outage. Goldman Extends $10B In Apple Card Credit In First Month.

accounted 46

accounted Account accountant Technology 46

PYMNTS

NOVEMBER 5, 2019

San Francisco-based blockchain FinTech Ripple is being questioned about its claims that rival cross-border payments firm SWIFT has a 6 percent error rate, AMBCrypto reported Tuesday (Nov. 5). Banking consultant Martin Walker , director of Banking and Finance at the Center for Evidence-Based Management, said in a paper produced for the London School of Economics, that he questions the repeated claims by Ripple executives of a 6 percent failure rate for SWIFT messages.

Finance 46

Finance B2B 46

Speaker: Susan Richards

Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.

Account

PYMNTS

NOVEMBER 4, 2019

Lenders need to meet borrowers’ needs before any of their competitors swoop in, which means application processes must be as quick and seamless as possible. That need for speed is also critical when it comes to loan disbursements , according to Paul Gu, co-founder and head of product for personal lending provider Upstart , as slow payouts can create frictions and frustrate customers.

Technology 46

Technology Account accounted accountant 46

PYMNTS

NOVEMBER 4, 2019

Pair Eyewear Co-Founder and CEO Nathan Kondamuri started wearing glasses when he was 8 years old, around second or third grade. He told PYMNTS in an interview that he remembers “how daunting” and uncomfortable “of an experience it was getting glasses for the first time.” It’s the first time that kids start to look different from others in their class — and, beyond that, he noted that the actual “buying process of glasses doesn’t really help the situation at all.

Start-ups 46

Start-ups Retail 46

PYMNTS

NOVEMBER 5, 2019

Ultrasonic data firm LISNR is getting a strategic investment from Visa to speed up expansion of its mobile payments, LISNR announced in a press release on Tuesday (Nov. 5). LISNR uses ultrasound technology to provide a solution that lets merchants and payment providers accept mobile payment data anytime during the customer journey. The technology works with all types of purchase scenarios – including scan-and-go, store pickups and eCommerce – and can also be used for messages, authentication and

Technology 45

Technology Retail 45

PYMNTS

NOVEMBER 6, 2019

Facebook said it is going to enhance encryption capabilities on its Messenger communication platform, despite requests from lawmakers and regulators not to do so because of the potential result that pedophiles and criminals will be harder to track. Facebook also said it is going to go over safety measures and tell users how to avoid unwanted content, or how to report it, Reuters reported.

Technology 45

Technology accounted Account accountant 45

Speaker: Danny Gassaway and Wayne Richards

Finance leaders are prioritizing efficiency and digital transformation, yet many hesitate to automate due to uncertainty. Without a clear understanding of its impact, organizations risk falling behind competitors who are leveraging technology to drive productivity and cost savings. So, how do you make the case for automation within your organization?

AP Automation

PYMNTS

NOVEMBER 8, 2019

China has changed some IPO rules to entice more tech companies to list publicly in the country, according to a report by The Wall Street Journal. China previously attempted this and was focusing on large companies like Alibaba Group , but the plan never came to fruition due to a number of factors, including trade tensions and a lack of political support.

Technology 44

Technology 44

PYMNTS

NOVEMBER 8, 2019

Bank of America offers its corporate clients a unique perk. They can make payments in the billions of dollars on smartphones using the bank’s CashPro app, according to a report by Bloomberg. One company completed a $1.6 billion payment, which was the biggest transaction ever made using the app. CashPro is targeted to corporate treasury departments and small to medium-sized businesses (SMBs).

accounted 44

accounted Account accountant Technology 44

PYMNTS

NOVEMBER 7, 2019

Big, splashy announcements of freshly-forged partnerships between FinTechs and mainstream payments and financial services players are released by the dozens these days. As for the “game changing” innovations they promise will “reshape” the landscape as we know it? As Flywire CEO Mike Massaro told Karen Webster in a recent conversation, that often depends on what the flavor of the month might be in payments and financial services.

Education 44

Education Technology Start-ups Gaming 44

PYMNTS

NOVEMBER 4, 2019

Competitive forces in the payments and financial services sector have driven two key trends in the U.S.: the acceleration of payments, and the adoption of open banking frameworks. Both are key to addressing the modern demands of end-users. Use-cases for real-time payment capabilities continue to grow for consumers, small businesses and corporates, while the open banking business model is proliferating beyond the ability for FinTechs to loop into their customers’ bank account data, and into new o

Technology 44

Technology Retail Account accounted 44

Speaker: Jennifer Hill

Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.

payroll