VetCPA
JANUARY 24, 2020
If you have kicked around the idea of starting your own veterinary medicine practice and think you are ready, then this article is for you. To avoid many of the pitfalls and risk associated with starting a new business, here are some things that you should be asking yourself and considering. Self-Assessment. Choosing an Entry Strategy. Develop Business Plan.
PYMNTS
JANUARY 23, 2020
MoneyGram has partnered with Suez Canal Bank to let customers send money right into Egyptian bank accounts, according to a press release. The deal will expand MoneyGram’s presence in Egypt and give it access to Suez Canal’s large network of correspondent banks around the globe. The bank will also connect with MoneyGram’s platform and offer customers new deposit services to give customers an enhanced experience.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Patriot Software
JANUARY 22, 2020
Hiring new employees can be super exciting. But with great new employees comes great responsibilities. As an employer, you’re responsible for onboarding new hires. Not to mention, you need to collect new hire paperwork, including Form I-9, from your workers. Keep reading to learn all about Form I-9, including a breakdown of the form’s different […].
PYMNTS
JANUARY 20, 2020
The rumors about hand-based payments out of Amazon have been building for the last few months. In early September 2019, reports emerged that Amazon was testing hand recognition-based payments at Whole Foods locations using its New York employees and some custom-fitted vending machines as an initial experiment. There were also New York Post reports that the technology might make an appearance at Whole Food checkouts this year.
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.
PYMNTS
JANUARY 24, 2020
In a move that signals Tokyo’s concern regarding China’s effort to make a digital yuan, as well as Facebook’s Libra, a collection of ruling party legislators is crafting a proposal for Japan to create its own cryptocurrency. However, Japan is not likely to issue crypto in the near future because of the legal and technical obstacles, Reuters reported.
PYMNTS
JANUARY 21, 2020
Cross-border peer-to-peer (P2P) payments firm MoneyGram has teamed up with foreign exchange and global money transfer company LuLu Money , MoneyGram announced on Tuesday (Jan. 21). The Philippines-headquartered LuLu Money will use MoneyGram’s API-driven platform to interface with leading consumer-centric capabilities and advance its global network. Adeeb Ahamed, managing director of LuLu Financial Group , which is headquartered in Abu Dhabi, said the collaboration with MoneyGram “will revolution
Accountant Advocate brings together the best content for small business accounting professionals from the widest variety of industry thought leaders.
PYMNTS
JANUARY 24, 2020
Cash flow management remains a major headache for small companies of all kinds, preventing many firms from making payroll, paying bills or even staying in business. Getting a handle on cash flowing in through accounts receivable (AR), and money flowing out through payroll and accounts payable (AP), is no easy task for resource-strapped SMBs – but in the auto collision market, cash flow complexities can be more extreme than the average mom-and-pop shop.
PYMNTS
JANUARY 23, 2020
Faster and real-time payments capabilities continue to proliferate in the global financial services arena, and consumers aren’t the only beneficiaries of the trend. Corporates, too, are beginning to explore opportunities in real-time transactions in areas like payroll and intra-company payments. The acceleration of the movement of money is likely to have significant implications for how organizations of all kinds – particularly banks and financial institutions (FIs) manage liquidity.
PYMNTS
JANUARY 20, 2020
Among other strategies, the U.K. has enlisted a name-and-shame approach to late-paying corporates. Yet analysts agree that the late B2B payments problem continues to worsen. According to recent reports by U.K. publication The Times , small to medium-sized businesses (SMBs) face an extra hurdle when chasing down late payments: collection efforts can damage the buyer-supplier relationship.
PYMNTS
JANUARY 23, 2020
The New York City Council on Thursday (Jan. 23) passed a ban on cashless food and retail stores. The ban was reportedly spearheaded by Councilmember Ritchie Torres. After the decision, Stuart Appelbaum, president of the Retail, Wholesale and Department Store Union (RWDSU), praised the Council for doing away with cashless stores , saying that forcing customers to use only credit or debit is “discriminatory” and serves as a disadvantage for low-income customers, people of color, undocu
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.
PYMNTS
JANUARY 24, 2020
Italian postal service Poste Italiane is introducing a new payments technology in an effort to attract more domestic small businesses, according to a report by Reuters. Marco Siracusano, the head of digital payment company PostePay, shared the news on Friday (Jan. 24). Poste Italiane’s new technology will be based on QR codes , which let buyers pay for things using their phones without the use of a POS terminal.
PYMNTS
JANUARY 24, 2020
With an array of bills brought forward by lawmakers during this legislative session, Washington state could become a leader in artificial intelligence regulation. The legislation homes in on digital profiling as well as biometric screening and is part of a wider list of bills related to technology that the state legislature is mulling, GeekWire reported.
PYMNTS
JANUARY 23, 2020
Mastercard and digital personal finance company SoFi have teamed up on a suite of products and experiences to benefit SoFi’s nearly one million customers, the companies announced in a release. The partnership starts with the SoFi Money debit card, an offering that will exist exclusively on the Mastercard network. SoFi’s card will provide an additional way for customers to spend with their SoFi Money cash management accounts.
PYMNTS
JANUARY 20, 2020
Add Australia to the list of countries with central banks looking to bring fiat currencies into the digital realm — with some conditions attached. As stated in a report to the Senate Select Committee on Financial Technology and Regulatory Technology, the Reserve Bank of Australia (RBA) said it has “established a small in-house Innovation Lab as a way to strengthen engagement with, and understanding of, new and emerging technologies that are relevant to its policy and operational responsibilities
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.
PYMNTS
JANUARY 22, 2020
The U.S. population is getting older. Today, there are roughly 50 million Americans over the age of 65, according to the U.S. Census Bureau , and that number will rise sharply over the next decade. By 2030, the Census estimates there will be 78 million Americans over the age of 65 – that means one in every five residents of the U.S. population will be retirement age.
PYMNTS
JANUARY 22, 2020
FinTech solution company Entersekt has upgraded its authentication technology in the DACH region of Europe, according to a release. The company recently announced that the software company Netcetera implemented the authentication system for Bank-Verlag, a company that makes and provides secure services for Germany’s banks. Two major Austrian card issuers are also using the technology.
PYMNTS
JANUARY 21, 2020
Don’t look now, but virtual reality and augmented reality are starting to make bigger gains in the retail world. These are still early days but trends are coming together — and expectations are rising, thanks not only the evolution of AR and VR technology, but the coming deployments of 5G mobile network ecosystems. PYMNTS research helps illustrate some of those recent developments.
PYMNTS
JANUARY 24, 2020
The Rockefeller Foundation , along with the Mastercard Center for Inclusive Growth , announced their new platform data.org today in Davos. The site will be a dynamic platform for data science partnerships committed to improve the field’s social impact. The philanthropy organizations also revealed today a $10 million “impact challenge” to crowdsource data science initiatives and solutions for organizations in the non-profit, civic, and government space.
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.
PYMNTS
JANUARY 21, 2020
Europe’s smart home market growth increased in the last year, growing by 18.1 percent over the same quarter from 2018. “Amazon had a stellar quarter and was responsible for more than half of the smart speakers shipped to Europe in the third quarter of 2019,” said Antonio Arantes, senior research analyst for smart home devices in Western Europe. “In the digital media adapter space, the Fire TV continues to prove the strength of the product, leading in the United Kingdom and German markets.”.
PYMNTS
JANUARY 24, 2020
While businesses have more sources of capital than ever before, from bank loans to initial coin offerings to alternative online investments, experts are urging small to medium-sized businesses (SMBs) to take a strategic approach to their fundraising efforts — often by combining a variety of funding sources to mitigate risk. Venture capital (VC) is not easily available to every startup, but this week, VC investors hinted at a big year ahead for the B2B FinTech space.
PYMNTS
JANUARY 22, 2020
Gig workers will make up a full half of the American workforce by 2028, responsible for creating online content, designing webpages and conducting local food or historical tours, as well as ferrying passengers for rideshares or renting out their homes on homesharing platforms. This growing segment of workers took home $1.4 trillion in earnings in 2018, but many of these payments were sent out via frustratingly complex and slow payment methods.
PYMNTS
JANUARY 24, 2020
German smartphone bank N26 , valued at $3.5 billion by investors, now has 5 million customers, co-founder Valentin Stalf said. Berlin’s most valuable FinTech startup grew from the 3.5 million users it reported in the summer of 2019. “We added more customers in 2019 than we did in all the prior years put together,” Stalf, 34, added in an interview. Stalf would not divulge financials or share market demographics, but noted growth at N26 was strongest in Germany, France and Austria, with Italy and
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.
PYMNTS
JANUARY 24, 2020
Brad Garlinghouse, the CEO of Ripple, said that initial public offerings (IPOs) will start becoming more common in the fields of cryptocurrency and blockchain this year, according to a report by Cointelegraph. Speaking at the World Economic Forum in Davos, Garlinghouse said that Ripple itself might be one of those companies that could potentially go public.
PYMNTS
JANUARY 23, 2020
Former Wells Fargo CEO John Stumpf has been banned from ever working in the banking industry again by the U.S. government, according to a report by CNBC. He will also have to pay $17.5 million for his role in a scandal at Wells Fargo involving millions of fake accounts created to meet the bank’s sales quotas. The Office of the Comptroller of the Currency (OCC) said that there will also be a number of other individuals selected for punishment involving the fake accounts scandal, including other e
PYMNTS
JANUARY 20, 2020
Not to be cynical, but mention the world “stationery” to people these days and odds are they minds will move toward a similar word, stationary — the concept of lack of motion, as in a couch potato or a broken-down car on the side of the road. That’s understandable, given how viciously email, texting and other forms of digital and mobile communication have displaced actual writing — which, of course, would seem to reduce the need for actual stationery products.
PYMNTS
JANUARY 24, 2020
Wells Fargo ’s woes, which began in earnest in 2016 when a scandal involving millions of fake accounts created to boost numbers came to light, are continuing and don’t show any signs of abating any time soon, according to a report by Reuters. The financial institution has had accumulated more than $4 billion in penalties since the scandal broke, but it’s also dealing with a number of other issues.
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
PYMNTS
JANUARY 19, 2020
Mumbai, India-based online business-to-business (B2B) marketplace Beldara is planning a global expansion to link more international suppliers with overseas buyers, reports said on Thursday (Jan. 16). The two-year-old startup connects more than 5,000 brands in 30 categories, and has 450,000 products listed on its platform. “It is necessary to have a B2B platform that has a buyer’s back.
PYMNTS
JANUARY 21, 2020
The payroll has not seen much disruption since the introduction of direct deposit to accelerate workers’ access to earned wages. But a new generation of workers is now driving monumental changes in the way businesses employ and pay talent, with their participation in the gig economy a key driver of those shifts. With data automation and faster payments, technology is now at a point where professionals no longer have to wait for a paycheck once or twice a month.
PYMNTS
JANUARY 24, 2020
U.S. bank BankUnited says restaurant debt in its small business loan portfolios is showing signs of stress, and is blaming food delivery apps like Uber Eats for the problem. According to American Banker reports Friday (Jan. 24), BankUnited CEO Rajinder Singh warned that unlike other industries in its small business loan portfolio, such as businesses in the fitness market and other franchises, restaurant debt is strained.
PYMNTS
JANUARY 22, 2020
India’s technology startup community is enjoying its moment in venture capitalists’ spotlight. Analysts at Tracxn recently calculated that tech startups in the country raised a combined $14.5 billion last year, a tenfold increase from the $550 million raised at the beginning of the decade. With India’s tech startup community already off to a promising 2020, investors appear eager to build upon a new track record of high-value, high-volume funding.
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.
Expert insights. Personalized for you.
130 
Let's personalize your content