PYMNTS

JUNE 3, 2019

PayPal announced on Monday (June 3) the launch of the PayPal Commerce Platform, which is designed to meet the needs of marketplaces, eCommerce solution providers and crowdfunding platforms. In a blog post , Bill Ready, PayPal’s chief operating officer, said the new digital platform will provide what the company is calling the most comprehensive set of technology, tools, services and financing for businesses of all sizes around the world.

Finance 82

Finance Technology Retail 82

Katz,Sapper&Miller

JUNE 7, 2019

Orthopedic executives, like so many others in healthcare, are trying to navigate the transition to value-based care while running a practice that operates smoothly and is financially successful. But navigating new reporting requirements, medical and technological advances, and new care delivery models doesn’t leave much time for combing through benchmarking data to find actionable insights that can help improve a practice’s operations and finances.

Healthcare 49

Healthcare Finance Technology 49

PYMNTS

JUNE 6, 2019

It’s not just technology that moves the world. Culture plays a huge role — as well as the sparks that often come from the tension when cultures clash. That promises to be the case going forward with Open Banking, as financial institutions (FIs) pick partners and proof of concepts. Open Banking is a global effort that resets the relationships FIs have with FinTech firms, payment providers and financial service providers.

Technology 81

Technology Gaming Retail 81

PYMNTS

JUNE 4, 2019

Lead, follow or get out of the way — that seems to apply to the rise of Open Banking, which promises more financial services innovation, along with greater financial transparency and flexibility. While nothing is inevitable, and even the best plans are always in danger of stalling out or being derailed, the energy behind Open Banking is gaining steam.

Education 81

Education Start-ups Technology accounted 81

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 automation to drive productivity and cost savings. Join Wayne Richards and Danny Gassaway from AvidXchange for a practical guide on bringing accounts payable (AP) automation to your organization.

Finance

PYMNTS

JUNE 7, 2019

MoneyGram and Canada Post have teamed up for a digital money transfer service that allows users to complete transactions at select Canada Post locations all over the country, according to a release. “To initiate a transaction, consumers simply visit moneygram.ca, create a profile, start a transaction and choose the ‘Cash at a Location’ option,” the release said.

Start-ups 79

Start-ups Retail 79

PYMNTS

JUNE 3, 2019

The two most powerful forces shaping the future of retail payments have nothing to do with payments at all. At least at first glance. Ironically, they are also the two things that shaped the modern payments landscape as we know it today, as it grew up and got wired over the last 60 years – and why that playbook is being disrupted by players decades their junior with market caps that rival or even dwarf their own.

Retail 78

Retail E-commerce Sales Sports 78

PYMNTS

JUNE 4, 2019

Amid collaborative efforts between traditional payment players and some smaller tech-nimble upstarts, the card giants are boosting their efforts to help FinTech firms bring new products to market. To that end, Mastercard has announced the next generation of its Accelerate program, focused on FinTech firms. According to FinTech Futures , the latest version, dubbed Accelerate 2.0, has three new features, including Global Reach, billed as a new card-issuing “territory expansion service.”.

Technology 76

Technology B2B 76

PYMNTS

JUNE 5, 2019

Intro: Consumers undeniably want all of their transactions faster – and there is a penalty to be paid for making them wai t. But fast is no substitute for safe, which means the future of speed is really all about authentication on the quick. Artificial intelligence and machine learning can do a lot of that heavy lifting, if operators are using the real deal and not something merely AI-ish.

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PYMNTS

JUNE 3, 2019

Despite the dreams and expectations among all kinds of people during the rise of eCommerce and digital payments, cash isn’t really going away. Sure, one may find numerous instances and specific markets in which cash use has given way to payment cards or mobile wallets, but, for various reasons, physical coins and bills endure, and will likely do so for quite some time.

Government 75

Government Retail accounted Account 75

PYMNTS

JUNE 5, 2019

Alipay has tripled its number of merchants in Europe to “tens of thousands” in the past year. “We’re talking about tens of thousands of merchants who are really excited about the opportunity that Alipay provides them to tap into those wealthy and middle-class consumers, who are traveling to see the world and want to buy great brands from Europe,” said Roland Palmer, head of Europe for Alipay, according to CNBC.

Maine 75

Maine Sales Retail 75

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Technology

PYMNTS

JUNE 4, 2019

Cars and quick-service restaurants (QSRs) have been interconnected since drive-ins were the latest innovation. QSRs thrive on speed and convenience, and that once meant catering to customers in cars via drive-thru windows. Now cars have transformed from vehicle to ordering platform, and QSRs have been on the forefront of this transformation. Consumers increasingly rely on mobile for ordering food, and in-car connected services are making this behavior even easier.

Gaming 73

Gaming Manufacturing Technology Sales 73

PYMNTS

JUNE 5, 2019

HSBC has reportedly expanded its PayMe digital wallet to startups and small businesses, marking its first foray into the business payments marketplace. According to a report in the Financial Times , the U.K. bank quietly rolled out the digital wallet in Hong Kong as a response to competition from the likes of Tencent and Alibaba. In February, reports had surfaced that HSBC was testing the wallet with business customers.

72

72

PYMNTS

JUNE 6, 2019

Call it the chain of doubt. When new regulations take effect, especially sweeping ones that impact eCommerce, at least some firms take a “wait-and-see” approach. But as PSD2 looms, with new requirements for customer authentication, “wait and see” may hit merchants and other European firms right in the bottom line. As Spencer McLain, vice president, EMEA at Whitepages Pro , told PYMNTS, data privacy regulations like GDPR and compliance mandates like strong customer authentication (SCA), which is

Education 72

Education Government Retail Start-ups 72

PYMNTS

JUNE 4, 2019

Square, the digital payments company that handles millions of transactions for consumers, sometimes sends the receipts to the wrong people, a situation chronicled in a new Wall Street Journal report. According to the report, citing emails seen by the paper, Square has erroneously sent receipts documenting transactions ranging from a simple cup of coffee to more significant purchases.

Retail 72

Retail 72

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

PYMNTS

JUNE 6, 2019

Technology and automation have made inroads into several areas of everyday life — witness the rise of digital assistants and autonomous vehicles. However, in the business realm, some everyday functions remain untouched by tech that can save money and, especially, time. Many accounts payable ( AP ) departments are still burdened with manual, paper-based payment processes, or have implemented payment automation solutions only to find that the benefits weren’t as significant as they’d hoped.

Technology 71

Technology accounts payable AP Processes B2B 71

PYMNTS

JUNE 7, 2019

As consumers grow accustomed to digital shopping and mobile ordering, slow transactions can make or break the customer experience. That’s why real-time payments and fund disbursements have become so important across industries. The global value of real-time compensation is projected to reach $34.3 billion over the next five years, according to the latest Disbursements Tracker.

Technology 71

Technology Retail tax return Government 71

PYMNTS

JUNE 6, 2019

In an academic study , researchers at Cambridge University and Linkoping University in Sweden were able to learn people’s passwords by getting a phone microphone to listen to the sound waves when they typed, according to a report by The Washington Post. “We showed that the attack can successfully recover PIN codes, individual letters and whole words,” the researchers wrote.

Washington 69

Washington 69

PYMNTS

JUNE 6, 2019

Facebook is set to announce its cryptocurrency later this month, and will reportedly even allow the project’s employees to get paid in the new currency. The social media giant has been working on the project — code-named Project Libra — for more than a year, centered around the company’s own digital coin that users can send to each other, as well as use to make online purchases.

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68

Speaker: Sierre Lindgren

Fraud is a battle that every organization must face – it’s no longer a question of “if” but “when.” Every organization is a potential target for fraud, and the finance department is often the bullseye. From cleverly disguised emails to fraudulent payment requests, the tactics of cybercriminals are advancing rapidly. Drawing insights from real-world cases and industry expertise, we’ll explore the vulnerabilities in your processes and how to fortify them effectively.

Finance

PYMNTS

JUNE 7, 2019

Yes, the weekend has arrived! We don’t know about you, but it was a busy week for PYMNTS, given all the news coming from the worlds of payments and commerce. Review our coverage, including stories about Stripe’s chargeback protection plan, the latest on open banking progress, a big investigation into crypto and the latest on the emerging ecosystem of predictive retail.

Oklahoma 68

Oklahoma Retail Technology Sales 68

PYMNTS

JUNE 6, 2019

Uber is expanding its transportation services, launching helicopter rides in New York City starting in July. Customers will be able to book on-demand rides in a helicopter from JFK Airport to Lower Manhattan, The New York Times reported, and the eight-minute trip will cost $200 to $225. The ridesharing firm thinks that with Uber Copter it can cut down the time it takes to get from JFK to NYC to as little as 30 minutes.

Transportation 68

Transportation New York 68

PYMNTS

JUNE 3, 2019

Stripe , the payments company, announced Monday (June 2) the launch of Chargeback Protection, a new service that provides customers with machine learning-based fraud protection. In a press release, Stripe said the new tool is based on Radar , its tool that prevents fraud and protects against future chargebacks. With Chargeback Protection, businesses on Stripe are automatically reimbursed for the cost of a disputed charge and any associated fees.

Start-ups 68

Start-ups accountant accounted Account 68

PYMNTS

JUNE 4, 2019

The corporate restructuring of struggling retailer Sears continues, with hedge fund owner Edward Lampert reaching a deal this week to combine Sears Hometown with Sears and Kmart. But the fallout for B2B vendors of Sears resulting from the company’s financial struggles continues under the radar. Reports in the New York Post on Sunday (June 2) said thousands of vendors across the globe are struggling to continue doing business with Sears, with small and independent businesses and entrepreneu

Manufacturing 67

Manufacturing B2B New York Retail 67

Speaker: Debra L. Robinson

CPAs know the drill: taxes, compliance, rinse, repeat. But what about the sneaky cash flow that’s quietly messing with your organization’s success? It’s time to step into the spotlight and expose the “dirty little secrets” of cash flow to fuel strategic growth. By upskilling your accounting practices and shifting focus from tax compliance to the strategic movement of money, you can transform your role from reactive accountant to proactive financial strategist.

CPA

PYMNTS

JUNE 3, 2019

Santander, a Spanish bank, and eBay have teamed up to offer lending services to small businesses, in an attempt to stave off competition from not only larger companies but smaller ones as well, according to a report by the Financial Times. A FinTech app owned by Santander called Asto will begin to offer loans to about 200,000 small and medium-sized businesses (SMBs) through eBay in the U.K. by the end of the year.

Technology 66

Technology Sales 66

PYMNTS

JUNE 4, 2019

Amazon , Worldpay , and Stripe — the eCommerce and payment companies — are expressing concern that a lack of preparedness by the industry to new EU security regulations could put billions of dollars of eCommerce purchases at risk. According to a report in The Financial Times , the new rules, which require more verification for online payments of more than €30 and go into effect in September, require big changes to processes and technology at retailers, banks and payment groups.

Sales 66

Sales Retail Technology 66

PYMNTS

JUNE 5, 2019

It’s not enough to just be a retailer these days, it seems. Digital ads are also part of the process — at least that’s the story coming from recent developments involving major merchants. Take Target as one example. The retail chain reportedly has been in discussions with Triad Retail Media , the retail advertiser owned by WPP PLC, to acquire it.

Retail 66

Retail Maine Sales 66

PYMNTS

JUNE 3, 2019

Mobile food ordering has quickly gone from niche activity to mainstream. Between 2016 and 2018, the volume of orders placed through mobile apps grew by 130 percent, according to PYMNTS’ Mobile Order-Ahead Tracker. Mobile represents roughly 60 percent of all digital restaurant orders today. This rapid growth is expected to boost the market’s value to $38 billion by 2020.

Washington 65

Washington Sales Start-ups Technology 65

Speaker: Aaron Berson

Managing spend is more than a cost cutting exercise – it's a pathway to smarter decisions that unlock efficiency and drive growth. By understanding and refining the spending process, financial leaders can empower their organizations to achieve more with less. Explore the art of balancing financial control with operational growth. From uncovering hidden inefficiencies to designing workflows that scale your business, we’ll share strategies to align your organization’s spending with its strategic g

Spend Management

PYMNTS

JUNE 6, 2019

Around the world, banks and FinTech firms are addressing challenges associated with enabling fund disbursements in real time — and some markets are developing real-time networks faster than others. In the latest Disbursements Tracker , PYMNTS explores how banks and card providers are approaching payment innovations to keep pace with consumer demand, and to better protect against fraudsters.

Real Estate 64

Real Estate Government Maine 64

PYMNTS

JUNE 3, 2019

Sell on a marketplace or sell in one’s own digital shop? It is a discussion — and, more recently, a robust debate — with those on each side, convinced that their models are the right ones for a digital world. In one corner are advocates of buying a domain name and setting up a solo shop on the world wide web as the best strategy for building an individual brand name, and keeping control of the customer and the customer experience.

Retail 63

Retail Start-ups Sales Technology 63

PYMNTS

JUNE 3, 2019

China UnionPay , the credit card issuer, is expanding in Europe, rolling out debit and credit cards. The Financial Times , citing China UnionPay, the world’s largest card issuer, reported it inked a partnership with Tribe Payments , a U.K. tech startup, to enable banks and FinTechs to offer individuals and companies branded cards. The program kicks off in June.

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63

PYMNTS

JUNE 5, 2019

Cards (as in prepaid, stored-value cards that consumers can use for gambling, payroll and a variety of other uses, many of them novel) are only half the battle. The real trick is to tie engaging consumer experiences to those cards, which is critical, as prepaid and reloadable cards continue to evolve — moving from plastic cards to mobile accounts that can adapt to an expanding portfolio of use cases, including payroll, online gambling or even consumer and business lending.

Gambling 63

Gambling payroll accounting and finance Finance 63

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