PYMNTS

FEBRUARY 4, 2019

JPMorgan Chase is gearing up to take on the likes of Apple Pay, PayPal, and Stripe by boosting its market share in the global treasury services industry by a goal of 50 percent. The Financial Times , citing Takis Georgakopoulos, the head of JPMorgan’s new wholesale payments unit, reported the goal is to increase its market share during the next few years by increasing business with foreign multinationals as well as in the eCommerce market.

Retail 84

Retail accountant accounted Account 84

Katz,Sapper&Miller

FEBRUARY 7, 2019

Mike North, partner in Katz, Sapper & Miller’s (KSM) Buy Here – Pay Here and Dealership Services Groups will speak at the 2019 National Vehicle Leasing Association (NVLA) Conference, “Drive the Future.” Taking place March 27-29 at One Ocean Resort in Atlantic Beach FL, the event will focus on issues that will shape the future of the vehicle leasing industry.

40

40

PYMNTS

FEBRUARY 6, 2019

Brex has announced that it is partnering with Mastercard to issue the World Elite Mastercard for Business, offering an enhanced rewards structure and expanded suite of travel benefits. Started in 2017 by the founders of Brazilian payments processor Pagar.me , Brex’s investors include Y Combinator Continuity, Ribbit Capital, Greenoaks, DST Global, Peter Thiel and Max Levchin.

Start-ups 83

Start-ups Technology 83

PYMNTS

FEBRUARY 6, 2019

Jack Dorsey, billionaire tech founder and current CEO of Twitter, said he only owns bitcoin and that he supports the Lightning Network , a bitcoin network update that could make bitcoin payments speedier and less expensive, according to reports. Dorsey tweeted on Tuesday (Feb. 5): “I only have bitcoin.” Dorsey also founded payment company Square , which allows users to buy and sell bitcoin through the Cash app.

Gaming 81

Gaming New York 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

FEBRUARY 6, 2019

This isn’t some cheap dose of “ Little House on the Prairie ” nostalgia, but rather a shot of truth: We are a long way from small-town doctors treating patients for decades and lifetimes — after treating their parents, and perhaps even grandparents as well. Not only that, but healthcare is infinitely more complicated than it was in the 19th-century Doc Baker days — thanks to scientific advances and the collection, analysis and use of sophisticated patient data.

Healthcare 77

Healthcare Pharmaceutical Education Maine 77

PYMNTS

FEBRUARY 8, 2019

One of the main differences between a successful criminal and a wanna-be is that the smart one knows how to hide (often in plain sight), and use methods that often seem more mundane than dramatic — despite what Hollywood has trained us to believe over the last century or so. A demonstration of that truth came around again recently with the observance of the Chinese New Year in early February.

Gaming 77

Gaming Maine Technology Education 77

PYMNTS

FEBRUARY 7, 2019

Time is up. That — according to CEO Kristian Gjerding of CellPoint Mobile and CEO Ralph Kaiser of Universal Air Travel Plan (UATP) — is the reality that airlines and other travel vertical players must wrap their minds around when it comes to thinking beyond card payments from leisure customers. Players can either get on board — and start leveling up their systems quickly — or risk watching their market share shrink fast.

Gaming 76

Gaming Start-ups Sales Finance 76

PYMNTS

FEBRUARY 6, 2019

American Express and Bill.com have announced a partnership to introduce an accounts payable solution to joint customers. In a press release on Tuesday (Feb. 5), the companies revealed the rollout of American Express Vendor Pay by Bill.com. The solution allows Bill.com users to pay suppliers via American Express Business or Corporate Card using virtual card technology, negating the need for companies to open a new card account.

accounts payable 76

accounts payable B2B accounting and finance Technology 76

PYMNTS

FEBRUARY 6, 2019

In regulatory efforts tied to blockchain, the British dependency Isle of Man has debuted a hub focused on blockchain development. The advisory for the self-governing dependency has established the Blockchain Office, reported Cointelegraph , and has set up a sandbox that looks toward future regulatory frameworks. FinTech firms can join the sandbox beginning next month.

Healthcare 76

Healthcare Maine Technology Government 76

PYMNTS

FEBRUARY 8, 2019

IBM is planning to invest over $2 billion to help establish an “AI Hardware Center” at the SUNY Polytechnic Institute campus in Albany, as well as boost its high-tech footprint throughout New York State. The Center will be set up for artificial intelligence-focused computer chip research, development, prototyping, testing and simulation, and help solidify the region as a global hub for research and development.

Technology 76

Technology New York 76

Advertisement

It's the time of year to give our close process some TLC. Join us in this one hour webinar where we discuss how to adopt leading practices and infuse technology into the month-end close process to improve our experience and increase our productivity during month-end and quarter-end close. Learning Objectives: This course's objective is to understand how the month-end close can be improved with automation and adoption of leading practices.

Technology

PYMNTS

FEBRUARY 6, 2019

Mastercard has named Paul Stoddart its new president of New Payment Platforms. Stoddart, who begins his new position on March 1, will oversee the development and integration of the company’s real-time payments capabilities beyond card-based solutions, including Vocalink account-based payments, the Homesend joint venture and Mastercard Send. “Paul’s industry experience and deep immersion in the business makes him the ideal choice to drive the growth of our account-based payment activities,” Micha

accounted 76

accounted Account accountant Technology 76

PYMNTS

FEBRUARY 7, 2019

September approaches, of course (as it always does) – but this time, with a red-letter day on the 13 th as PSD2 takes effect. As readers of these digital pages know, the European Union directive mandates that bank customers can use third-party providers for financial services. The latest PSD2 Tracker , via joint efforts of PYMNTS and Whitepages Pro, found that though PSD2 looms, confusion reigns amid enterprises about what the rules mean, much less how to follow them.

Technology 76

Technology 76

PYMNTS

FEBRUARY 4, 2019

To keep revenues growing, tap new markets. To that end, a number of tech startups in China, eyeing a slowing economy at home, are raising money – and targeting operations – cross-border. Financial Times reports that the activity is centered among a “new breed” of startups – namely, firms that ply their respective trades abroad. Perhaps it’s a case of finding uncrowded opportunities, as China’s markets are dominated by tech juggernauts such as Alibaba and Tencent.

76

76

PYMNTS

FEBRUARY 6, 2019

When InstaReM CEO and Co-founder Prajit Nanu started putting together a global remittance firm for consumers and businesses in 2014, he had been struggling with what he called the entrepreneurial itch for a while. In fact, he told Karen Webster, he registered well over 100 domain names in the years leading up to InstaReM’s founding — just in case he ever decided to fully pursue any of the ideas that occurred to him.

Start-ups 75

Start-ups Retail accounted Account 75

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

FEBRUARY 8, 2019

Growth of FinTech funding seems unstoppable, with the latest analysis from Hampleton Partners finding enterprise financial services and integration, online financial services, enterprise financial software and Software-as-a-Service (SaaS) risk management as some of the hottest spots for investors this year. However, venture capitalists are urging caution on the tech startup community.

B2B 75

B2B Travel Expense Management Technology accounting and finance 75

PYMNTS

FEBRUARY 6, 2019

From fears that automation and technology will replace the need for human accountants, what has emerged instead is an understanding that technology is forcing the accounting and corporate finance professions to adjust to a new reality: technology can handle the manual number-crunching, leaving professionals to provide more valuable, strategic advisory services to their firms.

accounting and finance 74

accounting and finance Finance Technology Account 74

PYMNTS

FEBRUARY 4, 2019

Real-time payment systems are quickly cropping up across the globe. Twenty-five of them were operational worldwide in 2017, and that number had swelled to 40 by September 2018, with 16 more expected to debut by 2020. This rapid expansion is fueling predictions that the global real-time payments market will rise from a value of $6.8 billion in 2018 to $26.9 billion by 2023 — a CAGR of 30.9 percent, according to a Markets and Markets Research report. .

Retail 73

Retail payroll B2B accounted 73

PYMNTS

FEBRUARY 8, 2019

Sizzle. Snap: Shares snap upward, up by 21 percent, in the wake of earnings that soundly beat projections. Daily average user count may have stanched losses, as the tally was flat, where observers had expected shrinkage. PayPal: Credit extended to consumers crosses the $50 billion mark, cumulatively, since offerings were launched roughly a decade ago.

Retail 73

Retail 73

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

FEBRUARY 8, 2019

The payments landscape in Europe is set to change later this year, with PSD2 joining GDPR in a kind of early 21 st -century digital balancing act. Meanwhile, airlines and other travel vertical players face fresh pressures on alternative payments , and new payday loan regulations are looming. Meanwhile, the luxury retail ecosystem could change via another online operation that offers relatively easy access to designer goods.

Retail 73

Retail 73

PYMNTS

FEBRUARY 5, 2019

CoverHound, the online property and casualty insurance platform operator, announced Tuesday (Feb. 5) that it raised $58 million in venture funding. In a press release , the San Francisco startup that has sold more than 200,000 policies online said the Series D funding round was led by global insurer Hiscox and included participation from Chubb, Aflac Ventures, MS&AD of Japan.

California 72

California 72

PYMNTS

FEBRUARY 6, 2019

Bank of America announced on Wednesday (Feb. 6) the launch of Business Advantage 360, a digital dashboard aimed at helping entrepreneurs manage their business finances. In a press release , Bank of America said the new dashboard is available to business banking customers, giving them a view of their cash flow. It also offers access to real-time advice in one tool with new functionality.

accounting and finance 72

accounting and finance Finance payroll accountant 72

PYMNTS

FEBRUARY 7, 2019

British financial institution Barclays has invested $12.9 million in Bink, a startup that lets customers store and view all their loyalty cards on a phone, and also links payment cards to get points and rewards automatically, according to reports. The two companies said they’re looking forward to the results of the partnership, and that they will “work in collaboration to deliver a ground-breaking experience for customers.”.

Finance 72

Finance Retail Technology 72

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

FEBRUARY 5, 2019

You know the story. Critics say that short-term, small-dollar loans push consumers into the hamster wheel of a never-ending debt cycle – one that turns a two-day bridge to cover a shortfall into a six-month mosh pit of fees that can become hard to dig out from under. “I think it is pretty obvious when you read stories about the payday lending industry – and how it goes wrong for customers – that consumers need a better alternative,” Onward Financial Founder Ronnie Washington said.

Washington 71

Washington Kansas Maine Finance 71

PYMNTS

FEBRUARY 5, 2019

Walmart India President and CEO Krish Iyer expects the eCommerce market in India to explode during the next decade. According to a report in Money Control citing Iyer, the executive expects the online retailing market to see growth of six times to reach 12 percent during the next decade. As it stands, eCommerce represents only 2 percent of the market.

Start-ups 70

Start-ups Retail 70

PYMNTS

FEBRUARY 6, 2019

Consumers have thousands of health and beauty brands to choose from, and that pool has only grown larger as the global economy expands. To keep up with the competition, merchants recognize the need to innovate both online and in their physical stores. What’s more, 61 percent of health and beauty merchants stated that “they would not survive” without innovation, according to the latest version of the Retail Innovation Readiness Index.

Retail 70

Retail Technology accounted Account 70

PYMNTS

FEBRUARY 6, 2019

Raisin , the pan-European FinTech that operates a marketplace for savings and investment products, announced Wednesday (February 6) that it raised $114 million in venture capital funding, bringing the total amount it has raised to $200 million. In a press release announcing the Series D round of fundraising, which included existing venture capital investors Index Ventures, PayPal , Ribbit Capital and Thrive Capital, Raisin said it has brokered more than $11 billion in deposits to 62 banks it has

Retail 70

Retail accountant accounted Account 70

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

FEBRUARY 6, 2019

In an effort to bring customers an easier and more streamlined online car buying experience, Carvana, an online-only used car dealer, has teamed up with Bank of America, according to a release from the companies. “We always want to give our customers an exceptional experience, whether they finance with Carvana or work with their own banks,” said Ernie Garcia, Carvana founder and CEO.

Sales 70

Sales Finance Retail 70

PYMNTS

FEBRUARY 4, 2019

Rover180 has acquired Vemity , an Indiana-based company that specializes in artificial intelligence (AI) automation and machine learning. Located in Indianapolis, Rover180 provides alternative supply chain finance and factoring programs. The company will now use Vemity’s technology to cut costs related to invoicing and accelerated payments for the transportation industry.

Indiana 69

Indiana Technology Transportation Finance 69

PYMNTS

FEBRUARY 7, 2019

Aurora, a self-driving car technology company, has raised upwards of $530 million in a series B financing round led by Sequoia Capital, with a large investment from Amazon and T. Rowe Price Associates, according to reports. The announcement follows a $90 million funding round in February of 2018 from Index Ventures and Greylock Partners, bringing the total amount raised to around $620 million.

Technology 68

Technology Transportation Finance 68

PYMNTS

FEBRUARY 8, 2019

Technology speeds commerce and eases daily life, but also acts as a conduit to payments fraud. To that end, Metro Bank said earlier this week that at least some of its customers had been victimized by fraud that focuses on text messages sent across telecom companies’ networks that Reuters reported are used to verify transactions. Metro said that the attacks are leveled at a number of British banks, a roster that includes Metro.

Business Spend Management Platform 67

Business Spend Management Platform Spend Management Platform Business Spend Management tax return 67

Advertisement

Bleisure travel — where employees combine work and leisure — has been around since the advent of corporate travel and is here to stay. Successful bleisure policies strike a balance between employee preferences and company goals — workers report a 64% improvement in work-life balance, while companies benefit from reduced travel costs and increased workforce innovation.