Sat.Oct 19, 2019 - Fri.Oct 25, 2019

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How The UN And A Chocolate Startup Are Using Blockchain Tech To Make Sustainability Sticky

PYMNTS

There is no shortage of products designed to appeal to conscientious consumers, or marketing terms aiming to draw them in. Green, sustainable, locally sourced, fair trade, clean, socially conscious, cruelty-free – buzzwords that two decades ago were rarely seen on store shelves have become increasingly commonplace, particularly among direct-to-consumer (DTC) brands looking to capture the spend of the eco-minded shopper.

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Podcast: Advantages and Disadvantages of ESOPs

Katz,Sapper&Miller

Mark Flinchum and Andy Manchir of Katz, Sapper & Miller’s ESOP Services Group, along with Mark Kossow of Clark Hill, join Jim DeLuccia on the “CPA Conversations” podcast hosted by the Pennsylvania Institute of Certified Public Accountants (PICPA).

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Are Consumers Maxed Out On Subscription Commerce?

PYMNTS

There is only so much time in a day to watch programming and only so much monthly budget to devote to food delivery services. Has the subscription commerce market reached saturation? The real question may be which of the many current and planned subscription services will come out on top. Last week, Netflix released earnings that were fairly positive.

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How FinTechs Enable Split-Tender Transactions With Loyalty Points

PYMNTS

FinTech firms are keeping a pulse on how merchants retain their customers — and how they can help them with those strategies through technology. One of the ways organizations such as airlines keep customers returning, Modo CPO Ryan Lee told PYMNTS in an interview, is through a robust loyalty program. However, making loyalty a currency or allowing it to be a method of tender, he said, “is quite complicated.

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The Human Side of Finance: The Intersectionality of People, Culture, Adaptability, and Resilience

Speaker: Melissa Hurrington

Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.

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How Crowdfunding Is Becoming Regular Investing

PYMNTS

A decade ago, an entrepreneur wanting to raise cash pretty much had to have rich relatives or pals, or gain entry into the clubby world of venture capital. Sure, that entrepreneur could take it to the web, asking people to make their own relatively small investments, but that was considered less than respectable – the digital version, perhaps, of panhandling.

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Mastercard To Host SMB Summit For Women Entrepreneurs

PYMNTS

Mastercard is celebrating National Women’s Small Business Month by gathering it’s Women’s Business Advisory Council for a retreat and launching its first ever Small Business Summit in New York City. “Small Businesses are the heart of the nation. During a month where our attention turns to them, we are continuing to drive a dialogue with women entrepreneurs from across the country to better understand their needs and challenges and ensure that we are advocating for them through action,” Cheryl Gu

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Uber Eats Rolls Out Pickup Feature Nationwide

PYMNTS

Uber Eats announced that it has launched a new pickup feature nationwide. The feature was tested in San Diego, Phoenix, Dallas and Austin, Texas, and was made available across the country on Friday (Oct. 18). The company’s rivals — DoorDash, Grubhub and Postmates — already offer a pickup service to their customers. “This gives eaters more flexibility in how they access food and provides them the option to order through Uber Eats and collect the food themselves,” Elspeth Rollert, Uber Eats

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Western Union Broadens Real-Time International Payments To India

PYMNTS

Cross-border payments firm Western Union is advancing real-time money transfers to customers in India, the company said in a press release on Friday (Oct. 25). Western Union was the first money transfer company to use Unified Payments Interface (UPI), a solution developed by the National Payments Corporation of India under Reserve Bank of India (RBI) guidelines.

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Why ZenKey Authentication Is A Good Idea – With A Big Design Flaw

PYMNTS

Five years ago, a merchant might have been able to rely on consumers being patient with a digital commerce experience that was less than perfectly smooth. The technology was still emerging and was still something of a work in progress. Today, that door is pretty much closed. The customer expects processes that are smooth and swift — and if a transaction does not meet those expectations, the consumer will likely continue down the line to the next provider who can give them that experience.

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Crowdshipping May Be The Next Sharing Economy Frontier

PYMNTS

From swimming pools to parking spots to storage spaces , there are no goods or services that can’t be adapted to the sharing economy. One of the latest retail-related trends is “crowdshipping,” i.e. crowdsourced delivery. That’s exactly the business model of Roadie , Rappi, Shipit and other startups founded on the principle of using people rather than large corporations to aid in the critical last mile of delivery.

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Maximizing Profit and Productivity: The New Era of AI-Powered Accounting

Speaker: Yohan Lobo

In the accounting world, staying ahead means embracing the tools that allow you to work smarter, not harder. Outdated processes and disconnected systems can hold your organization back, but the right technologies can help you streamline operations, boost productivity, and improve client delivery. Dive into the strategies and innovations transforming accounting practices.

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Trending: Mobile Order-Ahead Takes The Field

PYMNTS

New complexities and frictions are emerging every day as the mobile order-ahead industry continues to grow. One of the hotter flashpoints of the scene pits in-house ordering apps up against third-party ordering platforms. Which side QSRs pick in this battle typically comes down to size. Many large chains that can hold their own have sworn off third-party ordering entirely, while smaller chains tend to embrace as many third-party apps as they can for greater exposure.

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Why Merchant Services Are Key To Small FI Deposit Growth

PYMNTS

This developing world of payments and the fierce competition offered by non-traditional providers of financial services presents big challenges to smaller and community banks – those financial institutions (FIs) with less than $10 billion in assets. But merchant services programs can offer a way for those smaller FIs to gain and retain an edge – assuming, of course, it’s all done right.

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What It Takes To Outsmart Fraudsters In Emerging Markets

PYMNTS

We might all be in the middle of one of the greatest — and most vital — cat-and-mouse games of all time. That’s the sense one gets when considering efforts to prevent fraudsters from exploiting digital payments and commerce, efforts taking on more importance as the global economy continues to grow — and which keep getting smarter, thanks to machine learning and artificial intelligence (AI) tools.

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Bitcoin Daily: Moon Browser Allows Use Of Bitcoin For Amazon Purchases; Bitcoin Price Swings Could Make A Comeback

PYMNTS

New York-based startup Moon will allow customers to pay for their Amazon purchases with bitcoin via the Lightning Network, bitcoin, Litecoin or Ether. “We believe that cryptocurrency is the future of money. Our team is building the technologies to bring this future to fruition. We are engineers, builders and enthusiasts who love bitcoin and the change it will bring to the world.

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Smarter Card Solutions: Meeting the Challenges of Mid-Market Travel & Expense

Our 2025 Center Travel Survey is clear: as corporate travel increases, so does corporate credit cards distribution, and a rise in off-platform travel booking. This 61% rise causes various challenges: compliance, spend control, reporting problems, and a lack of visibility across organizations. To evolve with the ever-changing needs of travelers, decision-makers need a better solution.

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New Nordstrom Location To Deliver Food And Drink To Shoppers

PYMNTS

Nordstrom NYC, which is scheduled to open on Oct. 24, will offer several different food and beverage locations in the store, as well as the ability for shoppers to order food and have it delivered to them while they shop. The store has seven floors and is Nordstrom ’s biggest location ever. Bloomberg is reporting that the new store will have a bevy of innovative options intended to entice customers into spending more time shopping.

Retail 45
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Visa Partners With Revolut To Introduce Multi-Currency Debit Card

PYMNTS

London-based FinTech firm Revolut partnered with Visa to roll out a multi-currency travel debit card in Singapore, Visa said in a press release on Wednesday (Oct. 23). . The new card offers users the ability to spend overseas in over 150 currencies at the real exchange rate and without hidden fees. . A YouGov survey commissioned by Visa showed that people in Singapore are open to the idea of using neobanks and want a debit product.

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Mastercard Expands Biller Roster To Enable Real-Time Bill Pay

PYMNTS

Mastercard announced that it is rolling out Mastercard Bill Pay Exchange with the help of several new partners, including ConEd, Avidia Bank, Aliaswire Inc., OSG Billing Services and Transactis. The new offering will make it easier for consumers to view, manage and pay telecom, utility, rent, credit card, mortgage and other bills without the hassle of having to set up different accounts, track multiple passwords, and log in to multiple websites.

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What The World Can Learn From New Zealand FinTech

PYMNTS

New Zealand is a country that can be easy to overlook when it comes to FinTech. But the story of how payments are evolving there can offer lessons for the rest of the globe, along with glimpses of how the relevant technology might play out in the 2020s. And that’s why PYMNTS recently caught up with Steve Wiggins, the chief executive of payment governance organization Payments NZ , and Serge van Dam , a venture capitalist focused on FinTech in that country, to get a better idea of what’s going o

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Say ‘Goodbye’ to Clunky Spreadsheets and Say ‘Hello’ to Month-End Automation

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, emails, and shared drives no longer need to slow you down. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

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The Many Faces Of Employee Fraud

PYMNTS

Corporate fraud comes in many colors, but for many businesses, the most unexpected threat is the one looming from within company walls. This week, IBM announced a collaboration with Raw Seafoods to develop a blockchain solution to address supply chain fraud in the seafood industry, including cases of incomplete documentation and mislabeling. Distributed ledger technology (DLT) is also the tool of choice for Chainvine, which uses blockchain to mitigate against the risk of supply chain fraud in th

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Top News In Payments: Zuckerberg Tells Congress Libra Fills A Void, PayPal Hits New Growth Milestone

PYMNTS

Zuckerberg Tells Congress That Libra Fills A Global Payments Void. Facebook CEO Mark Zuckerberg went before the U.S. House Committee on Financial Services on Wednesday (Oct. 23), to both promote and defend proposed cryptocurrency Libra. He faced lawmaker skepticism over a range of Libra’s stated ambitions, but he reiterated his position: Libra is not meant to replace sovereign currency, and it will aid the unbanked population of the world.

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WeChat Pay Rolls Out Utility To Transfer Funds Between Smartphones

PYMNTS

Tencent’s WeChat Pay is launching a new payments feature that lets people transfer funds using a mobile phone number, TechNode reported on Wednesday (Oct. 23). WeChat users can unlock the new feature from the messaging app and transfer money to the receiver’s WeChat wallet by entering a phone number — even if both parties are not friends. The feature is currently available only on iOS.

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Mastercard Teams With PNC To Enable Payments On Delivery

PYMNTS

Mastercard announced that it is partnering with PNC Bank to pilot Payment on Delivery, a new solution allowing businesses to pay a supplier in real time when receiving goods or services. The solution leverages the RTP network from The Clearing House for real-time payments clearing and settlement capabilities, allowing suppliers to receive instant access to funds, as well as detailed information about the transaction.

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Outsourcing Vs. In-House: The Ultimate Battle For Better Collections

Speaker: Susan Richards

Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.

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Mastercard Bolsters Brex Collab For US Growth

PYMNTS

Mastercard is strengthening its existing collaboration with commercial card startup Brex to fuel growth in the U.S., the companies announced on Thursday (Oct. 24). According to a press release , Brex has named Mastercard as its preferred network in an expansion of their existing partnership, which already sees Brex able to issue World Elite Mastercard for Business commercial cards.

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How Retailers Drive Innovation With Subscriptions (And Payments)

PYMNTS

Brick-and-mortar retailers, as well as online merchants, are offering consumers all sorts of products and services through the subscription business model, from movies to tea. And many consumer-focused companies are finding the subscription model attractive, as it can help them establish long-running customer relationships and more predictable revenue streams.

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What’s Next In Libra’s Serial Cliffhanger?

PYMNTS

Only four months in, Libra’s twists and turns are worthy of the serial cliffhangers of old. The cliffhanger? Those were action-packed films of cinema’s early days that were updated weekly with short bursts of action that left you wondering at the end: How is the hero going to get out of this deathtrap? Ropes! Chains! Runaway trains! Regulators! Mass defections!

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Square Cash Offers Free In-App Stock Trading

PYMNTS

The popular Cash app, owned by Square, now has the ability for users to buy and sell stocks. CNBC is reporting that customers who use the San Francisco-based app can even buy fractions of a stock, an option that isn’t available for rivals like the Robinhood app. For example, stocks like Berkshire Hathaway class A shares were trading for $315,000 on Thursday, but customers can buy a portion of them for as little as $1.

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AP Automation: The Competitive Advantage Your Business Needs

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 technology to drive productivity and cost savings. So, how do you make the case for automation within your organization?

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PayPal’s Active Accounts Grow By 16 Pct Year over Year

PYMNTS

PayPal reported third-quarter results Wednesday that showed continued growth in peer-to-peer (P2P) transactions and customer engagement — and the firm passed a monthly billion-transaction milestone. In terms of headline numbers, the company’s adjusted earnings per share came in at 61 cents, topping the 52 cents expected by the Street. Revenues were $4.4 billion, up 19 percent year on year compared to the $4.3 billion that had been expected by the Street.

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Mastercard Makes Loyalty Play With SessionM Deal

PYMNTS

Mastercard is acquiring the U.S. technology company SessionM to help it build more profitable relationships with consumers, Mastercard said in a press release on Tuesday (Oct. 22). SessionM’s loyalty platform spurs stronger bonds with retailers, restaurants, airlines and consumer packaged goods (CPG) companies. The acquisition will help Mastercard use data-driven insights to offer personalized guidance to brands.

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Apple Card And The FinTech, TechFin Conundrum

PYMNTS

So far, the young life of the Apple Card has turned out pretty — perhaps even spectacularly — good, depending on the source. However, the real tests are yet to come, as is the case for anything new and popular. The recent news about Apple Card includes a big thumbs-up from Goldman Sachs CEO David Solomon. The investment bank is hardly an unbiased observer when it comes to Apple Card — Goldman is the bank behind the payment method, after all.

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Visa: Tap-To-Pay Gains Steam, As B2B Volume Hits $1T, Annualized

PYMNTS

Visa posted fiscal Q4 earnings results that topped expectations, driven by high single-digit percentage growth in payments volume and cross-border transactions — and where management said that B2B transactions topped $1 trillion on an annualized basis. In terms of the high-level numbers, revenues were up 13.1 percent year on year to $6.1 billion, besting estimates by $60 million.

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Navigating Payroll Compliance: Future-Proofing Payroll in an Evolving Regulatory Landscape

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.