PYMNTS

MARCH 9, 2018

Foreign exchange solutions company OANDA is enhancing its application programming interface (API) that opens up its foreign exchange (FX) technology to third-party apps. The company announced news on Thursday (March 8) that its Exchange Rates API has been updated to include real-time FX rates. According to OANDA, the API supports updates to FX rates every five seconds, enabling third-party developers to integrate this solution into their own mobile apps.

Technology 70

Technology Tax B2B 70

Katz,Sapper&Miller

MARCH 8, 2018

Katz, Sapper & Miller’s (KSM) David Blish will present at the American Alliance of Orthopaedic Executives’ (AAOE) 2018 Annual Conference. Taking place April 14-17 in Orlando, FL, this conference brings together hospital and practice administrators, managing physicians, educators, and industry partners for meaningful discussion and education about practice management, strategic initiatives, and the latest industry trends.

Hospitality 40

Hospitality Education 40

PYMNTS

MARCH 7, 2018

Blockchain is now an official word in the Merriam-Webster dictionary. Of course, the FinTech industry doesn’t have to look it up, but the dictionary now defines blockchain as a technology that enables the keeping of records of financial transactions in a digital database as part of a publicly accessible network. The addition of blockchain to the dictionary is symbolic of the technology’s continuing proliferation.

Transportation 64

Transportation Technology Retail B2B 64

PYMNTS

MARCH 5, 2018

In technology, and especially in payments, the competitive landscape is a heated one. The question, when eyeing the competition and trying to stay ahead of the curve, usually boils down to “build or buy?” But sometimes the strategy can be tweaked a bit to “buy and build.”. In an interview with PYMNTS’ Karen Webster, Philip McHugh, EVP and president of TSYS Merchant Solutions , laid out the strategy in a space — namely merchant services — that is rapidly evolving, and where TSYS has made a string

Healthcare 63

Healthcare Technology Sales Retail 63

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

MARCH 5, 2018

PayPal looks to increase the adoption of cryptocurrency as a payment method by recently filing for a patent application. CoinDesk , citing an application with the U.S. Patent and Trademark Office titled “Expedited Virtual Currency Transaction System,” lays out a method by which private keys are traded from buyer to seller in an effort to cut down on the time it takes for payments to go through between a customer and a merchant.

Technology 63

Technology Retail 63

PYMNTS

MARCH 7, 2018

Ripple — the blockchain company whose technology powers the cryptocurrency XRP — has created a new payment app in which transactions are settled instantly. According to news from CNBC , the new app was created with a group of 61 banks in Japan. Dubbed Money Tap, the mobile app will launch in the fall and will be initially offered through SBI Net Sumishin Bank, Suruga Bank and Resona Bank, three of the consortium partners.

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Account accounted accountant Technology 58

PYMNTS

MARCH 6, 2018

Wealthy entrepreneurs are turning to an unexpected source to finance their new business ventures: pawn shops. According to news from CNBC on Monday (March 5), there has been an uptick in wealthy people pawning their valuables for collateral and quick small business loans. There are only a “handful” of companies enabling individuals to do this, reports said, largely because entrepreneurs are seeking much more than the average size of a loan from a pawn shop.

Virginia 56

Virginia Education Finance B2B 56

PYMNTS

MARCH 6, 2018

After its point of sale (POS) systems were reportedly affected by malware designed to capture credit card information, RMH Franchise Holdings is warning that its Applebee’s restaurants in 15 states suffered a data breach. The company said all its 167 locations were impacted, Bank Info Security reported. “In addition to engaging third-party cybersecurity experts to assist with our investigation, RMH also notified law enforcement about the incident and will continue to cooperate in their inv

Sales 56

Sales Retail 56

PYMNTS

MARCH 6, 2018

Adding to the sundry benefits of Prime, Amazon is launching free two-hour delivery of Whole Foods groceries in Atlanta and San Francisco through Prime Now. The service launched last month in four cities, and the company plans to expand the service this year, the company said in an announcement. “We’re happy to bring our customers in San Francisco and Atlanta the convenience of free two-hour delivery through Prime Now and access to thousands of natural and organic groceries and locally sourced fa

Virginia 54

Virginia Retail E-commerce 54

PYMNTS

MARCH 6, 2018

As the European Union (EU) prepares for the U.K.’s exit from the bloc next year, the EU’s executive is set to propose a draft law aimed at boosting the FinTech market throughout the region. According to news from Reuters , a document by the European Commission revealed that the law would enable the FinTech sector to grow through crowdfunding and common blockchain technology standards.

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Maine Finance Technology 54

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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

MARCH 3, 2018

The Oscars have become one of Hollywood’s most glamorous events over the past nearly nine decades, with stars spending millions on red carpet ensembles and companies shelling out just as much to score an advertising spot or a little real estate inside the event’s extravagant nominee gift bags. Tickets to attend the first Oscars ceremony in 1929 cost just $5.

Real Estate 54

Real Estate 54

PYMNTS

MARCH 6, 2018

Citigroup is gearing up to launch a digital consumer bank that will be national in scope and will arrive within the next three years. Citing Citigroup Chief Financial Officer (CFO) John Gerspach, Reuters reported the executive said at an investor conference that the financial company is “laying the groundwork for having a national digital bank. I am not making an announcement right now, but I would be really disappointed if it was anything close to being three years away.”.

Texas 54

Texas Start-ups Technology 54

PYMNTS

MARCH 9, 2018

While the European Banking Authority has created a “roadmap” on how to regulate emerging FinTech services, the body is not keen on creating a unified approach to cryptocurrency regulation — at least not yet, Reuters reported. As new European Union rules are making it easier for startups to roll out services, such as payments, European Banking Authority Head Andrea Enria said his organization would look into the services provided by FinTech firms, “with a view to ensuring that similar services, e

Finance 53

Finance 53

PYMNTS

MARCH 7, 2018

The whirlwind of FinTech investment shows no signs of slowing. In fact, new data from venture capital (VC) analysis firm CB Insights, analyzed by global management consulting and professional services firm Accenture Financial Services, suggests FinTech startups’ VC funding hit a new high last year, with major deals in the U.S., the U.K. and India leading the charge.

B2B 52

B2B B2C Non-Profits Finance 52

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

MARCH 5, 2018

Distributed denial of service attacks, otherwise known as DDoS , have now added a cryptocurrency mining twist to the scam, requiring victims to pay the ransom. According to a report in Fortune , Akamai, the internet services company, was looking into the increase in DDoS attacks when it noticed that within the malicious traffic were ransom notes. In one example, a note demanded 50 XMR, or Monero, which is a cryptocurrency.

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PYMNTS

MARCH 8, 2018

TSYS, a global payment technology company based in Georgia, announced Wednesday (March 7) a new payment solution dubbed Advanced AuthControl will be implemented at Walmart and Sam’s Club locations around the United States. In a press release , TSYS said the patent-pending payment solution is able to recognize qualified purchases by a consumer’s health care plan.

Georgia 51

Georgia Retail Sales Technology 51

PYMNTS

MARCH 6, 2018

Clothing companies can’t seem to please customers lately. Consumers are spending half as much as they once did and are sick and tired of retailers’ tired omnichannel offerings. But clothing companies aren’t alone in their struggles. Recently, retailers the world over have had to supercharge their stores, websites and mobile apps with features customers crave in order to compete in the omnichannel age.

Technology 51

Technology Retail Maine 51

PYMNTS

MARCH 6, 2018

A new report has revealed that there was a 10 percent increase in the number of payment cards compromised at U.S. ATMs and merchants in 2017. “The number of compromises and the number of card members impacted set a new record last year,” said TJ Horan, vice president of fraud solutions at FICO. “While most devices are safe, fraudsters are developing new technology and methods for hacking ATMs.

Retail 50

Retail Account accounted accountant 50

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

MARCH 5, 2018

And so, the SEC might be shorthand for “Scare Every Cryptocurrency Firm.”. News came this past week, and a regulatory shoe of sorts dropped when the U.S. Securities and Exchange Commission issued scores of subpoenas and Requests for Information (RFIs) focused on initial coin offerings (ICOs). On the one hand, the move is hardly unexpected. After all, the regulatory clime has been getting a bit heated for all things crypto based – and as has been seen elsewhere in the world, such as in South Kore

Gaming 49

Gaming Legal Tax Government 49

PYMNTS

MARCH 5, 2018

After a long trip out in the earnings wilderness — and an increasing conviction from market watchers that Gap Inc. might simply be the latest mall brand caught in the retail whirlpool — things are beginning to turn around. With, of course, a few qualifications. During its earnings report last Thursday (March 1), Gap Inc. reported 5 percent same-store sales growth — the majority of which was driven by Old Navy , which logged 9 percent comparable sales growth.

Sales 49

Sales Retail E-commerce 49

PYMNTS

MARCH 5, 2018

Procter & Gamble made headlines last week when its Chief Brand Officer, Marc Pritchard, confirmed that the world’s largest advertiser cut $200 million of digital advertising spend in the last nine months of 2017. That year, P&G’s ad spend totaled $7.1 billion. That wasn’t the big news. The big news was Pritchard’s blunt admission that the reduction in spend had no impact on the performance of P&G’s business.

Gambling 49

Gambling Retail Massachusetts Start-ups 49

PYMNTS

MARCH 7, 2018

The Federal Trade Commission (FTC) has announced that new Medicare cards will be mailed out starting next month. The new cards are being issued to protect consumers from identity theft. With that in mind, Medicare is removing Social Security numbers from its cards and replacing them with a unique Medicare number. The cards will be mailed in waves to various parts of the country from April 2018 until April 2019.

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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

MARCH 6, 2018

Rod Drury, founder and CEO of New Zealand small and medium-sized business (SMB) accounting company Xero, is stepping down from the position, according to Sunday (Mar. 4) ZDNet reports. Microsoft Australia CEO Steve Vamos will take Drury’s place next month. Drury founded Xero 11 years ago, and Vamos has been preparing to take on the role for the last 18 months.

Non-Profits 49

Non-Profits Start-ups accounted Account 49

PYMNTS

MARCH 6, 2018

Happay , a business expense management company based in India, has landed a partnership with HDFC Bank , reports in Business Standard said on Monday (March 5). The company will link HDFC small business (SMB) customers to its travel and expense management solution, which is tied to a prepaid card. The tool enables entrepreneurs to manage employee spend while on business trips.

Expense Management 49

Expense Management B2B Travel Expense Management 49

PYMNTS

MARCH 6, 2018

In the Big Apple, where space is at a premium, it’s not easy to grow farm fresh produce. As a result, most produce that ends up on a diner’s plate there comes in refrigerated trucks from a farm far away. It’s an ecological nightmare with all the energy needed to fuel the trucks — and the produce doesn’t always arrive in grocery stores or city restaurants all that fresh, after all.

New York 48

New York Agriculture Maine Retail 48

PYMNTS

MARCH 5, 2018

Just like cars on a highway at rush hour, transformation in city and infrastructure planning is not moving fast enough to get people where they need to go — and it’s about to become more of a problem, if Moovit Co-Founder and CEO Nir Erez is correct. “The changes in the way people move in the city over the next five to 10 years will be more dramatic and aggressive than they were in the past 100 years,” Erez predicted.

Transportation 48

Transportation Gaming Start-ups Government 48

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

MARCH 7, 2018

Poetry in motion? Maybe not. Value-added data in motion? Definitely so. Ours is the Age of Information, to be sure. The information is constant — and for businesses of all stripes and sizes, it’s a deluge. How to wrap corporate arms around it all? DataTorrent ’s Jeff Bettencourt, SVP of marketing and business development, said traditional attitudes surrounding information are such that firms collect data, store it in a central location and then “extensively poke at that data to get the informati

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Start-ups online accounting Retail accounted 47

PYMNTS

MARCH 6, 2018

Payments and commerce so often boil down to giving consumers what they want, and the same is looking to be true for blockchain , the popular distributed ledger technology underlying cryptocurrencies such as bitcoin, Ethereum and Litecoin. Of course, those are just the biggest names in the game today – there are hundreds of smaller companies trying to get their homegrown cryptocurrencies off the ground by wooing crypto fans with initial coin and token offerings (ICOs and ITOs).

Technology 47

Technology Gaming Government Sales 47

PYMNTS

MARCH 6, 2018

The Infatuation, the restaurant discovery platform, announced Monday (March 5) it is acquiring the restaurant review brand Zagat from Google , nearly seven years after it paid $151 million for it. In a press release , The Infatuation said that adding Zagat’s brand to its website, mobile app and messaging will help it expand as it aims to become a heavy hitter in the restaurant discovery market.

Technology 47

Technology 47

PYMNTS

MARCH 5, 2018

Nippon Ichi Software announced news that its American division, NIS America, was the victim of a major data breach that exposed the personal and financial data of online customers. According to the International Business Times , the Japanese gaming developer has offered those affected by the breach special codes for a $5 discount on their next purchase.

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Gaming accountant accounted Account 47

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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.