DuctTapeMarketing
JULY 24, 2018
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PYMNTS
JULY 24, 2018
MoneyGram and Visa announced today (July 24) that they have partnered to deliver real-time digital disbursements to MoneyGram customers using Visa’s push payments platform, Visa Direct. Launching in October in two key markets, Mexico and the Philippines, MoneyGram will expand its options in which receivers from those markets may receive and use funds instantly — via their bank-issued Visa-branded debit card or Visa-branded prepaid card — and senders may choose the option by which to send those
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Katz,Sapper&Miller
JULY 23, 2018
In this episode, Matthew Mabel, founder of Surrender, joins us to discuss restaurant branding, promoting from within versus importing external talent, the hardest positions to fill in your restaurant, and more.
PYMNTS
JULY 27, 2018
United Nations (UN) chief António Guterres has warned staff and member states that it is running out of cash. In a letter, he urged countries to pay what they owe as soon as possible, according to Reuters. The letter sent to members stated that, as of June 30, the core UN budget had a deficit of $139 million and the United Nations had “never faced such a difficult cash flow situation this early in the calendar year.”.
Speaker: Dave Sackett
Traditional budgeting and forecasting methods can no longer keep pace with today’s rapidly evolving business environment. Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty. To stay ahead, finance leaders must leverage a future-forward approach—one that leverages real-time data, predictive analytics, and continuous planning to drive smarter financial decisions.
PYMNTS
JULY 25, 2018
If the Business Email Compromise (BEC) scam isn’t on the radar of every corporate finance executive, it certainly should be. The Federal Bureau of Investigation (FBI) recently issued a public service announcement warning that the BEC scam has now redirected $12 billion worldwide , much of that now having to be written off as a loss for corporates unable to recover the funds.
PYMNTS
JULY 25, 2018
When eBay announced that it would be accepting Apple Pay , it wasn’t the only new development for the online marketplace. The company also revealed a partnership with Square to offer financing to companies selling on eBay, heating up competition with its rival, Amazon. Bloomberg reported Tuesday (July 24) that eBay will begin offering merchants up to $100,000 in financing through Square Capital.
Accountant Advocate brings together the best content for small business accounting professionals from the widest variety of industry thought leaders.
PYMNTS
JULY 27, 2018
The digital economy doesn’t depend on just numbers and images. Words still matter. Companies need lively product descriptions and online ad copy, along with other textual content that serves to persuade consumers to part with their money. Keeping that word machine going — and making sure that payments don’t gum up the words — was the subject of the latest PYMNTS Matchmakers podcast interview series, this one with Cem Arel, CEO and founder of Wordapp , a content processing platform for online bu
PYMNTS
JULY 24, 2018
It’s a striking difference: A new Visa study has found that digital accounts for 38 percent of consumer retail purchases, but when it comes to small- and medium-sized businesses (SMBs), only 15 percent of their sales are conducted via eCommerce. That signals opportunity for smart, nimble merchants that can get ahead of the curve — or potential disaster for retailers that cannot.
PYMNTS
JULY 26, 2018
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Worldpay ’s work on payment technology for drones. In addition, Singapore- based Grab is rolling out new services in Thailand, and Indonesia’s FinAccel has notched $30 million in Series B funding. Singapore’s Grab is introducing three new services in Thailand, as the ride-hailing service seeks to be a one-stop shop for users in the Southeast Asia region, Deal Street Asia reported.
PYMNTS
JULY 23, 2018
Paul McCartney and The Beatles may have told us that money can’t buy us love , but new research claims that it can certainly buy us happiness. And how much money consumers need to be happy. A recent Gallup World Poll tells us consumers whose households earn between $60,000 and $75,000, on average, have reached the highest level of emotional wellbeing, and more income won’t make them happier.
Speaker: Erroll Amacker
As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R
PYMNTS
JULY 26, 2018
Payments company Stripe is rolling out a new solution that lets businesses create and issue their own credit and debit cards, the company announced on Thursday (July 26). In a press release, Stripe announced the launch of Stripe Issuing, its service that enables companies to create their own cards, both physical and virtual, via an API call. The company noted that its solution lowers barriers to entry and accelerates the time it takes for a business to issue its own cards, which, Stripe noted, c
PYMNTS
JULY 25, 2018
A CFO’s job doesn’t become more complex as a company grows simply because the business is spending more money. Increasingly, financial executives who start out tracking accounts payable (AP) volumes and chasing down coworkers’ expense reports will quickly find that the position demands a watchful eye on all aspects and categories of corporate spend — from travel and expenses (T&E) to procurement.
PYMNTS
JULY 27, 2018
FitPay , the startup technology platform that adds contactless payment capabilities to wearable and Internet of Things (IoT) devices, is looking to serve consumers who own bitcoin with a new payment device. The product, which is dubbed Flip , will come with a preloaded amount of U.S. dollars that are exchanged from the user’s existing cryptocurrency account.
PYMNTS
JULY 25, 2018
The move to bring blockchain beyond cryptocurrency confines — and toward more commercial use cases — continues, with far-flung projects making headlines. In the telecom world, South Korean firm KT said it has applied blockchain to its commercial network. The telecom, as reported by ZDNet , has built nodes that have brought blockchain to its national network, specifically its “ultra-fast” offering that is tied to processing speed.
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Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.
PYMNTS
JULY 26, 2018
Simple ideas can sometimes have a surprisingly powerful impact. They can also be harder to engineer from the outside than one might assume. Such is the story of UNTUCKit , the menswear firm premised on an incredibly simple idea: Men should be able to wear their shirts untucked without looking sloppy. It is the brainchild of Chris Riccobono, a former healthcare consultant who spent 10 years wishing he had a dress shirt that looked good untucked.
PYMNTS
JULY 27, 2018
To enable its customers to buy and sell five digital currencies, TransferGo has rolled out a crypto trading facility. Users can trade bitcoin, bitcoin cash, Ripple, Litecoin and Ethereum through the service, according to reports. “We’ve launched this cryptocurrency trading facility in response to demand from our user base,” said TransferGo Founder and CEO Daumantas Dvilinskas.
PYMNTS
JULY 25, 2018
Cabot Square Capital, a U.K. financial services firm, on Wednesday (July 25) sold its entire stake in 321 Crédito, a Portuguese consumer finance lender, to Banco CTT, the bank run by Portugal’s privatized national postal service. According to a report in Financial Times , the deal was worth more than €140m. With a specialty in car loans, 321 Crédit has been a Cabot Square Capital company since 2014.
PYMNTS
JULY 23, 2018
Legacy banks around the world have been under tremendous pressure in recent years to transform their business models, as upstart FinTech companies are removing the barriers to entry and credit access that have kept large numbers of growth businesses and consumers out of the market. The development of new technologies is threatening to disrupt the business models of many of these traditional players, as fast, efficient and low-cost platforms are providing access to capital that traditional banks
Speaker: Anna Tiomina, MBA
AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?
PYMNTS
JULY 24, 2018
Madonna. Cher. Ringo. Beyoncé. Sometimes a first name is all you need. Instant identification. And likely an instant conversation follows right on the heels of that one-name utterance. Outsized personalities, after all, get us thinking and chatting. So here are two names that need no dropping, if you’ve been a reader of this space for the last several years.
PYMNTS
JULY 27, 2018
Facebook and several key executives, including CEO Mark Zuckerberg, are facing federal class action lawsuits alleging the social network made false and misleading statements related to the decline of monthly active users prior to the second quarter earnings report. Pomeranz Law Firm announced that a lawsuit was filed in the U.S. District Court for the Northern District of California, alleging the company and certain officers made false and misleading statements and failed to disclose the decline
PYMNTS
JULY 27, 2018
Another quarterly earnings reports, another rush of pleased Amazon investors hurrying to boost the stock in after-hours trading — Amazon stock jumped 4.1 percent in after-hours trading, despite notching the rare miss on revenue expectations. Profit expectation doubled analysts’ forecasts, which helped instill confidence, as did continued strength in the Amazon Web Services business and emerging strength of its advertising business.
PYMNTS
JULY 26, 2018
Venmo , the P2P service owned by PayPal , took in more than $14 billion in payments volume during the second quarter of 2018, a 78 percent year-over-year increase. Company officials also seemed pleased with their efforts to introduce more revenue-attracting services to Venmo — a positive sign for the spread of P2P payments as a whole. The Q2 earning season had already brought indications that consumers continue to warm to P2P , along with reasons for concern about the vulnerabilities of the paym
Speaker: Joe Wroblewski, Senior Sales Engineer
Is your tech stack working for you—or are you working for it ? 🤖 In today’s world of automation and AI, technology should simplify workflows—not add complexity. Seamless integration and interconnectivity are key to maximizing productivity, optimizing workflows, and improving collaboration. Join expert Joe Wroblewski for a practical and insightful session on how you can build a smarter, more connected tech stack that drives efficiency and long-term success!
PYMNTS
JULY 24, 2018
The movement of banks to join FinTech firms and stanch the disruption of their business models — decades and centuries old — has been well-documented. As banks embrace technology in ways that are both novel and, perhaps, permanent, observers have noted that the shift toward APIs is gaining momentum. A recent report that bowed via Citi underscores that thesis, as Global Market Manager of the bank’s Channel Services division, Rene Schuurman, wrote that 87 percent of banks have a clear API strateg
PYMNTS
JULY 27, 2018
Over the next five years, some 40 billion connected devices are expected to be installed by consumers and businesses around the world. This rapid proliferation of Intelligence of Things (IoT) devices calls for robust infrastructure that can securely accommodate the upsurge of network traffic. In the July IoT Tracker , PYMNTS charts the efforts of network providers to enhance IoT-readiness and capabilities, and details emerging IoT use cases that are being implemented in the industrial, retail an
PYMNTS
JULY 27, 2018
The U.S. Securities and Exchange Commission earlier this week stood by its move to stop a bitcoin exchange-traded fund, citing “unpersuasive” arguments as to how the ETF would be protected from any market manipulation. Reuters , citing a 92-page analysis by the SEC of the bitcoin ETF — which was created by Cameron and Tyler Winklevoss, the twin brothers who started Gemini Trust , a cryptocurrency exchange — reported the SEC wasn’t convinced the ETF couldn’t be manipulated.
PYMNTS
JULY 27, 2018
U.S. intelligence experts are warning of the risks of major cyberattacks on the technology operating throughout businesses’ supply chains, according to BBC reports Thursday (July 26), raising alarms for enterprises that increasingly rely on software to function and interact with their business partners. A report by the U.S. National Counterintelligence and Security Center (NCSC), titled “The Foreign Economic Espionage Report,” warns that cyber attackers could infiltrate the sof
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.
PYMNTS
JULY 26, 2018
eBay has launched a new image search feature for its mobile app that enables users to simply drag and drop images into the search bar. “When we introduced Image Search last year, we used computer vision to make it easier to find like items from the world around you in our global marketplace. Now, you can explore our marketplace further with just a swipe of your finger,” wrote Seema Jethani, manager of product management and search platforms at eBay.
PYMNTS
JULY 26, 2018
France wasn’t the only winner at the FIFA World Cup: Payments innovation won big, too, with contactless payments accounting for 45 percent of all Visa purchases in the 11 host cities. Fans from Poland, in particular, made a whopping 74 percent of Visa transactions using contactless technology, Visa said in an announcement. Foreign tourists tended to outspend Russian fans during the tournament.
PYMNTS
JULY 25, 2018
In life, context matters. Say “I love you,” and the tone of voice may give the context of — to quote Marvin Gaye’s lyrics — “What’s Goin’ On.” Are the words honeyed and romantic, whispered in the recipient’s ear while swaying on the dance floor on a date? Maybe dripping with sarcasm, and no slight tinge of venom, after driving around lost for four hours while the gas gauge is on empty?
PYMNTS
JULY 24, 2018
The developers of the U Network have reportedly run out of their reserve of crypto tokens and intend to buy back some of its supply, CoinDesk reported. They had set a limit of 10 billion tokens for its UUU coins — and dedicated 40 percent of the tokens to future development and the founding members. “The demand for UUU tokens has exceeded our current designated holdings,” the developers said in a Medium post.
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