PYMNTS
APRIL 24, 2018
Companies recognize the need for IoT security, but few are acting on those concerns. According to a recent survey, 97 percent of respondents said an attack on unsecured devices would be devastating to their organizations. However, less than a third are actually vigilant about monitoring for third-party related risks. Despite the security risks, the popularity of IoT seems unlikely to abate.
Katz,Sapper&Miller
APRIL 23, 2018
Josh Brown, a franchise and entrepreneur attorney with The Law Office of Josh F. Brown, LLC, joins us to expand upon our initial discussion about restaurant franchising, how it’s done, key components to consider, and more.
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PYMNTS
APRIL 27, 2018
In many businesses, acquiring customers used to be a function of where the business was located — a high traffic intersection for a convenience store or a well-heeled mall for a clothing retailer. Technology, of course, changed all that. It’s also made the offering of subscription services a robust channel for a business to operate in. By one measure , subscription company websites have seen visitor growth of over 800 percent since 2014.
PYMNTS
APRIL 23, 2018
Brick-and-mortar retail has spent the last decade building bridges to the digital world so a new generation of digital consumers can move fluidly between them. What’s been largely left behind, however, is a payments experience that moves just as seamlessly between those worlds. There have been many attempts to bridge the gap, but consumers haven’t really taken the bait.
Speaker: Amanda Adams, Fractional CFO, CPA
Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.
PYMNTS
APRIL 24, 2018
It’s time for retailers to stop looking at brick-and-mortar like it’s dying. Traditional retail is changing, it’s true – and that has manifested as a fair amount of growing pains – but the perception that physical retail is a sinking ship may be leading merchants astray. Perhaps it’s better to think of modern retail as a chrysalis. Traditional retail was the caterpillar, inching along slowly but steadily, and somewhere ahead lies the magnificent butterfly of omnichannel, experiential, contextual
PYMNTS
APRIL 26, 2018
The U.K. is only weeks away from bringing its Global Data Protection Regulation (GDPR) rules into effect, and corporates are ill-prepared for the data security requirements, according to new research. Law firm McDermott Will & Emery collaborated with Ponemon Institute to assess how U.K. businesses are getting ready for GDPR to take effect on May 25.
Accountant Advocate brings together the best content for small business accounting professionals from the widest variety of industry thought leaders.
PYMNTS
APRIL 24, 2018
Is it time to mark the passing of the password? Don’t hang the crepe and black bunting just yet. But then again, the password’s breathing and pulse seem to be … perhaps a bit labored and slowed. Last week, the FIDO Alliance and the World Wide Web Consortium announced the launch of Web Authentication (WebAuthn), billed as a password-free browser. Standards bodies, then, are coming together to offer a standard protocol to hasten logins without using passwords.
PYMNTS
APRIL 26, 2018
The growing complexity of international supply chains inevitably adds complexity to risk mitigation and increases risk exposure to all players involved. This trend is evolving rapidly, and corporate buyers are examining threats from all angles. Once, a company’s top supplier-related risk may have been the threat of a vendor going out of business, or goods failing to make it to their destination on time.
PYMNTS
APRIL 24, 2018
In the 1980s, David Humble was at the grocery checkout counter when something unusual happened: A customer became frustrated with a cashier’s slow pace, so he simply scanned one of his purchases himself. That incident inspired Humble to develop a prototype for a self-checkout system. He combined a personal computer, an industrial computer and a video screen.
PYMNTS
APRIL 23, 2018
Airbnb is helping event planners provide lodging ideas for attendees – and is hoping to make some money along the way – with the launch of Airbnb for Events. In a blog post , the company said that event planners will share the details of the event, and then Airbnb will use that information to create a custom event page and embed a widget that will enable attendants to find a place to stay.
Speaker: Abdi Ali, Sr. Lease Accounting Consultant
Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.
PYMNTS
APRIL 24, 2018
In the gig economy, high turnover means heavy lifting for firms seeking the right candidate. And with rules and regulations governing various service industries — from finance to ride-hailing — background checks are part of the hiring job of hiring. Against that backdrop, Checkr seeks to automate the process a bit by conducting background checks for thousands of customers.
PYMNTS
APRIL 26, 2018
American Express has passed a major hurdle in efforts to become the first U.S.-based credit network to offer services in mainland China. The Chinese central bank formally accepted American Express’ application to clear and settle domestic bank card transactions, the Wall Street Journal reported Thursday. The New York credit card company applied as part of a venture with China mobile payment provider Lianlian Group.
PYMNTS
APRIL 25, 2018
Apple remains the largest company in the world, but the battle is on for No. 2, as Microsoft has rallied to be neck and neck with Amazon in terms of market capitalization. The two Washington state-based companies are within one percentage point of each other, with a market cap of about $723 billion, thanks to a week-long rally in Microsoft shares coupled with a slump in Amazon shares, reported 24/7 Wall St.
PYMNTS
APRIL 26, 2018
A month away, and the General Data Protection Regulation (GDPR) looms large. As Shakespeare wrote centuries ago (without data mapping in mind), the readiness is all. IdentityMind CTO Kieran Sherlock told PYMNTS the readiness for the sea change in data privacy varies. Many of the larger EU-based firms have been preparing for GDPR for years and have processes in place that anticipate the formal debut of GDPR and its compliance mandates.
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Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.
PYMNTS
APRIL 24, 2018
Months after delivering packages inside customers’ homes, Amazon begins delivering purchases inside customers’ cars. The free service is only available to Prime members in certain cities and vehicles, CNBC reported. “Amazon Key In-Car Delivery supports most 2015 model year or newer Chevrolet, Buick, GMC, Cadillac and Volvo vehicles with an active connected car service plan such as OnStar or Volvo On Call,” the retailer wrote on its website.
PYMNTS
APRIL 27, 2018
Starbucks saw strong growth in its loyalty program and mobile transactions over its second fiscal quarter of 2018, the company announced ahead of its earnings call. The coffee chain added 1.6 million new U.S. members to its Starbucks rewards program. In addition, Starbucks discovered that members of Starbucks rewards were buying more: Over the quarter, their spend increased to 39 percent of U.S. company-operated sales.
PYMNTS
APRIL 24, 2018
With the advent of technology and the prevalence of online shopping, the term eCommerce fraud has become more general and more vague. Under it, there are numerous types of categories and attacks. Of these, none are more insidious than Account Takeover, aka ATO. It’s more difficult to catch, and the ensuing damages for both merchants and unsuspecting customers go beyond just stolen goods.
PYMNTS
APRIL 27, 2018
It didn’t get to $10,000. That might be the headline news about bitcoin. But then again, it wasn’t $6,000 either. Nor even the $7,000 level seen earlier this month. At a recent $9,300, bitcoin may or may not be stabilizing. Recent coverage in the financial trade press seems to anticipate that there might be some stabilization on hand. Commentary about regulatory efforts that may be a bit more benign than some had feared likely helped.
Speaker: David Warren and Kevin O’Neill Stoll
Transitioning to a usage-based business model offers powerful growth opportunities but comes with unique challenges. How do you validate strategies, reduce risks, and ensure alignment with customer value? Join us for a deep dive into designing effective pilots that test the waters and drive success in usage-based revenue. Discover how to develop a pilot that captures real customer feedback, aligns internal teams with usage metrics, and rethinks sales incentives to prioritize lasting customer eng
PYMNTS
APRIL 26, 2018
Fashion designer brand Marc Jacobs is collaborating with Microsoft to address key challenges in the industry’s supply chain management and accounts payable (AP) processes. The companies announced news on Wednesday (April 25) that they are partnering to enhance Marc Jacobs’ accounts payable and invoice processing capabilities. The brand has deployed MediusFlow , an accounts payable and invoice automation solution designed on the Microsoft Azure platform.
PYMNTS
APRIL 24, 2018
Marketplace lending platforms – Lending Club, OnDeck, Prosper and the like – have inarguably and fundamentally altered the geography of the lending landscape. In the last decade, they’ve gone from being a niche product to representing about a third of unsecured consumer loan volume in the United States as of 2016, according to a r ecent study by Harvard Business School Professor Boris Vallee and University of Washington Professor Yao Zeng.
PYMNTS
APRIL 27, 2018
Welcome to Five at Five , your late look at some of the freshest payments news of the day. Today’s stories include an up-to-date analytical report about which ordering and payment technologies are making the most gains in restaurants and how iris scans can beat out other biometrics. Coverage also discusses the future of consumer financial management and a new sense of stability around bitcoin.
PYMNTS
APRIL 24, 2018
The usual school lunch menu suspects — pizza and chicken nuggets — appeal to some students, but those options may not work for students who are vegetarian or gluten-free. As a result, “the school lunch solution doesn’t really work anymore,” Wise Apple Co-Founder and President Nathan Cooper told PYMNTS in an interview. To create an alternative for kids with dietary needs, Cooper set out to reinvent the school lunch by offering a kid-focused meal subscription service that accommodates different di
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The first Market Momentum Index: AI and Unstructured Data Management, conducted by Deep Analysis with support from AIIM and M-Files, surveyed 500 enterprises across various industries to assess their readiness to employ AI. The results reveal that AI is already far more embedded into organizations' operations than previously realized. These findings and more insights have been brought to you in the "Market Momentum Index: AI and Unstructured Data Management.
PYMNTS
APRIL 21, 2018
In 2012, American internet entrepreneur, angel investor, author and blogger Jason Calacanis gave a pretty bold prediction about Amazon Prime — then in its seventh year of existence. “There are two types of people in the world: those with Amazon Prime and those without,” Calacanis wrote. “How you think about consumption, commerce and your personal time is radically different depending on if you’ve join the cult — yet.
PYMNTS
APRIL 27, 2018
While the U.S. Securities and Exchange Commission’s William Hinman said the agency is “striving for a balanced approach” between digital currencies and initial coin offerings (ICOs), a U.S. congressman is taking issue with this line of thinking. U.S. Representative Brad Sherman (D-Calif.) thinks ICOs are detrimental to the economy, CoinDesk reported.
PYMNTS
APRIL 26, 2018
Chinese officials have reportedly taken measures to monitor and potentially crack down on the nation’s banks’ risky lending practices, reports in Reuters said Wednesday (April 25). Two unnamed sources told the publication that the nation’s financial regulator, the China Banking and Insurance Regulatory Commission (CBIRC), have deployed teams from local branches to commercial banks.
PYMNTS
APRIL 26, 2018
The Department of Labor is examining if Wells Fargo pushed retirement-planning customers into pricier accounts and toward buying more expensive investment funds, generating more fees for itself, The Wall Street Journal reported. The bank has pressed employees to move clients into more expensive individual retirement accounts when they retired or left a job providing them a 401(k) account.
Speaker: Mark Stovel
When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.
PYMNTS
APRIL 24, 2018
Facebook is giving more detail on how and why it chooses to delete content from its network. The world’s largest social media company published its “community standards” guidebook on its website yesterday, providing more detail on how the network’s 7,500 moderators decide what text, pictures and video are removed. Facebook released the previously employee-only guide to provide more transparency about how it decides what’s acceptable and to get feedback that should allow the company to improve i
PYMNTS
APRIL 23, 2018
There are many on-demand apps, but few apps aggregate multiple services. Apps such as Accomplice , however, allow users to choose from multiple services and coordinate food deliveries with rideshares. When a customer orders food and a rideshare through Accomplice, the app monitors the customer’s journey home and places his or her order at the optimal time.
PYMNTS
APRIL 26, 2018
Mastercard and IFC , a member of the World Bank Group, announced Thursday (April 26) that they have updated a $250 million global risk-sharing facility in an effort to expand access to electronic payments in emerging markets. In a press release , Mastercard said that updating the agreement inked in 2015 will help financial companies in developing countries participate in the Mastercard network through an IFC program.
PYMNTS
APRIL 26, 2018
A New York senator has proposed legislation that would make retail banking services available at all 30,000 U.S. Postal Service locations nationwide. According to CNBC , Senator Kirsten Gillibrand, D-N.Y., has proposed the Postal Banking Act, which would include services such as small-dollar consumer loans that offer low fees and low interest rates.
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With automation, you’ll reduce errors and save valuable time, allowing you to focus on what really matters: strategic analysis and insightful decision-making. Picture accurate financial reports ready at your fingertips, giving you the confidence to tackle business challenges head-on. Embracing automation not only boosts productivity but also elevates your role from number cruncher to closing rockstar.
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