June, 2017

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NEW REPORT: Can Western Union Leverage Its Heritage To Build A Better X-Border API?

PYMNTS

There was a time when the telegraph was as important to keeping people connected as the smartphone is today. And while the telegraph’s heyday may well be over, the network it once rested upon can still be put to good use, especially with an assist from API solutions. As more merchants and smaller businesses seek to engage in global commerce, several companies are stepping up their efforts to help merchants address the complexities presented by international trade.

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Treasury’s Status Is Rising Say 68% of Finance Professionals

Reval

GTNews. Over the next three years, 68% of treasury professionals believe their role will become increasingly important to their businesses. Advances in technology are allowing corporate treasuries to become a stronger strategic partner to the rest of the company, according to a recent survey of treasury professionals. Click here for details >> The post Treasury’s Status Is Rising Say 68% of Finance Professionals appeared first on Reval.

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Girl Scouts Will Get The Chance To Earn Badges In Cyber Security

PYMNTS

Girl Scouts will soon get the chance to earn their first ever cyber security badges. The Huffington Post reports that Girl Scouts can earn the first of 18 cyber security Girl Scout badges beginning in September 2018. The program will reach as many as 1.8 million Girl Scouts in kindergarten through sixth grade and is being developed in a partnership between the Girl Scouts and Palo Alto Networks, a security company.

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FinTech Startup Helps Millennials Plan For (And Afford) Their Future Family

PYMNTS

Kids these days. Millennials are using FinTech to pay back their college loans, cover healthcare expenses, and now, through FinTech startup Future Family , to get pregnant. More and more women are waiting until their 30s to have children. There are plenty of good reasons for that: millennials are getting married later, and having kids is expensive. But the biological clock waits for no woman.

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From Start to Scale: Driving Growth Through Seamless Payments Implementation

Speaker: Michael Veatch, Senior Director, Implementations & Ella Aguirre, Director of Solution Consulting

Embedding payments can be a transformative step for software companies looking to enhance their platform capabilities, boost customer satisfaction, and drive long-term growth. However, the success of payments hinges on a single thing: implementation. Drawing on real-world insights and experiences, payments implementation experts Michael Veatch and Ella Aguirre will explore actionable strategies that can lead to a transparent, friction-free launch and mitigate potential challenges like technical

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Adding Digital Value to The In-Store Experience

PYMNTS

To say that the retail industry is going through a minor transformation right now would be an understatement. While several store closings and bankruptcy filings have been reported over the past year, the retail news cycle hasn’t exactly painted an inspiring image for the future of retail. Moving into the digitally driven age, retailers are looking for new and meaningful ways now more than ever to engage, maintain and retain consumer attention.

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Chain CEO On B2B Payments’ Blockchain Blockbuster

PYMNTS

The blockchain has a bit of an identity crisis. Everyone who is anyone in financial services knows what it is, and there is broad consensus at this point that it will play a very important role in financial services. Yet few can really articulate how it all works or what exactly it will do — and when. Here’s a little proof. According to WEX’s First Annual Payments Pulse Survey , 66 percent of the 500 CFOs interviewed say that they are quite certain that they understand blockchain; 50 percent thi

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Bitcoin Regulations Catch Good Guys Along With The Bad

PYMNTS

With many cybercriminals choosing bitcoin as their currency of choice, the U.S. Department of Justice has naturally done its best to set up regulations that would prevent criminals from using the cryptocurrentcy for nefarious purposes. But those regulations may be doing more harm than good, since they’re also keeping vigilante security consultants from doing business to protect their law-abiding clients from those same cybercriminals.

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NACHA Report: Inaugural Meeting Of API Standardization Industry Group

PYMNTS

Created in 2017, the API Standardization Industry Group has begun developing an application program interface (API) standardization “playbook” to help enhance support for payments and the business needs of financial institutions, companies, FinTechs and other industry stakeholders and participants. National Automated Clearing House Association ( NACHA ) — the Electronic Payments Association — and the Payments Innovation Alliance recently released a summary report from the API Standardization

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IBM Japan Announces Mizuho Bank As API Customer

PYMNTS

IBM Japan announced Thursday (June 8) the launch of API banking for Mizuho Bank, that provides the bank with the ability to tailor services to its customers. In a press release IBM announced the bank will use IBM Japan’s FinTech API solution, as well as IBM API Connect on the IBM Cloud and IBM DataPower Gateway. “API banking becomes a crucial step that helps drive open innovations by new technologies for customers, business partners, and Mizuho Bank,” said Masahiko Kato, senior technical

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

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.

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Is 5G The Oxygen Connected Cars Need To Ignite?

PYMNTS

The world is becoming an increasingly connected place such that internet connections aren’t just for phones and computers anymore – appliances, household systems, dog collars, hair brushes, cars and VR headsets are just a short sampling of the world of things looking for secure, consistent connections to the web. By most estimates there are 6.3 billion such devices as of today – by Gartner’s estimate, that number will have exploded to over 20 billion worldwide by 2020.

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Potcoin Value Soars Thanks To Dennis Rodman’s Trip To North Korea

PYMNTS

Potcoin , the digital cryptocurrency similar to bitcoin but aimed at the legal marijuana market, got much-needed publicity by sponsoring Dennis Rodman’s trip to North Korea. According to a report in Business Insider , the value of Potcoin jumped nearly 97 percent, to more than $0.18, in trading on Tuesday after Rodman was photographed wearing a Potcoin T-shirt when he arrived in the country.

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New Delivery Method By Walmart Flirts With The Gig Economy

PYMNTS

Walmart made some news lately when it dipped its toe into the gig economy waters, asking employees to deliver packages ordered by customers who live along their commutes. Employees can opt into the program via a smartphone app to take home up to 10 deliveries a day and earn a little extra cash. The success of this quasi-gig delivery program depends on several key factors.

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AI/Bot: Dole’s Secret Artificial Intelligence Weapon

PYMNTS

Artificial intelligence (AI)–assisted technologies have been on the rise over the past few years. From virtual personal assistants to video games, smart cars, online customer support, and music or movie recommendations, AI has infiltrated nearly every aspect of consumers’ everyday lives. Yes, we can all thank AI for our Netflix addiction. While AI certainly makes consumers’ lives easier, it’s also working in nearly every industry to help streamline operations.

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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

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.

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Taking Cross-Border Payments From Telegraph To API

PYMNTS

According to some recent reports, there are a trillion reasons for smaller merchants to get active in cross-border commerce. An estimated 94 million online shoppers are expected to spend $1 trillion on cross-border eCommerce by 2020. This rising trend of cross-border consumers has prompted major shipping players, like logistics and delivery company FedEx, to address some of the challenges involved with international shipping and trade for both consumers and merchants.

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Amazon Opens Up Video Skill API So Alexa Can Control Any TV

PYMNTS

Could Alexa’s latest API skill stem losses to streaming services for pay TV providers and the telco industry? Some providers seem to think so, with Dish, NetGem and YouView already on board. The skill? Amazon announced June 8 that its virtual assistant has learned to control more than just the company’s own Fire TV stick: Now, for developers that opt to use the Video Skill API, any cable or satellite TV company, streaming service or content provider can add Alexa voice control to its app.

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NTechLab’s FindFace Facial Recognition Technology Has Applications In Retail, Public Safety

PYMNTS

FindFace started as a futuristic social technology for identifying strangers by scanning their faces with a smartphone camera. Two years later, the facial recognition technology is the best in the world (yep, even better than Google’s) and is being used for public safety, law enforcement and fraud prevention through cybersecurity. Of course, facial recognition has driven significant public controversy over the erosion of personal privacy and anonymity.

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Blue Apron Files To Go Public

PYMNTS

Blue Apron on Thursday filed to go public , but that doesn’t mean the meal-kit pioneer has won the start-up game. From 2014 to 2016, the company grew revenue from less than $80 million to almost $800 million. But it also saw its losses grow, from $31 million to $55 million. That’s because new growth has been fueled by new customers, and those customers are easier to acquire in a nascent market.

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Back to Basics with Reconciliations

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.

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Blockchain Tracker: Blockchain’s Possible Impact On The Economy

PYMNTS

Blockchain could have an impact on the economy — is Russia leading the way with its current investments? With eCommerce transactions moving at the speed of light, the ability to have transparency between parties is likely crucial to preventing security breaches. When executives in the finance industry think of blockchain technology, its perception has shifted in the past few years in terms of how it could shape financial services — and therefore the economy — as a residual impact.

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AI/BOT: Man Versus Artificial Intelligence

PYMNTS

Since the advent of technology, the age-old battle of man versus machine has been an issue. Whether it’s televisions entering homes in the mid-20th-century or personal computers coming onto the scene in the late 1980s, technology has no doubt had an effect on everyday life. By integrating tech into various aspects of everyday life, many processes have become streamlined.

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DNA For Dinner: London Restaurant Vita Mojo Offers Food Customization Based On Genomes

PYMNTS

Like strands in the double helix of DNA, the home of London’s most customizable diet and a gene analysis lab are intertwining to create something truly magnificent: the healthiest meal in the world. That goes deeper than five fruits a day, personal fitness goals and taste preferences. The healthiest meal in the world is different for everyone, and DNA holds the key to food customization for the perfect meal.

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Data Enablers: SigOpt’s Machine Learning Tools Help Businesses Optimize Operations

PYMNTS

From some guy’s garage in San Francisco, a group of math nerds has grown into one of the world’s finest-tuned machine learning operations. SigOpt now helps optimize fraud detection and investments like beer brewing and even the manufacturing of synthetic rhino horns. SigOpt cofounder and CEO Scott Clark said that’s because his 14 employees, like the machines they create, never stop learning.

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Usage-Based Monetization Musts: A Roadmap for Sustainable Revenue Growth

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

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CFPB: Older Consumers Log Most Payments Complaints

PYMNTS

The Consumer Financial Protection Bureau released its monthly complaint report Wednesday (May 31) that showed older consumers frequently report servicing problems with reverse mortgages, difficulties recovering money after financial scams, confusion around deferred interest credit cards and frustration when experiencing charges for unauthorized add-on products.

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Switching Rent Payments From Analog To Digital

PYMNTS

While the world of payments has mostly gone online – rent remains stubbornly analog in the age of digital. According to a recent Zillow study, 76 percent of rent payments are made offline – mostly in the form of checks, though cash and money orders make guest appearances from time to time. And it was a situation that Ryan Abell, CEO & founder of PayRent.com found acutely annoying in his days as a property manager.

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Behind The Scenes, Socure Feeds The Machines

PYMNTS

How do machines learn to learn? In Episode Three of PYMNTS’ machine learning podcast, Socure CEO Sunil Madhu and PYMNTS CEO Karen Webster get technical as they explore the methods and processes that are making machines progressively smarter. In Episode Two, Madhu and Webster talked about different kinds of artificial intelligence (AI) and how each is equipped to handle certain kinds of jobs.

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Shopify Now Lets Merchants Hire Virtual Employee ‘Kit’ For Free

PYMNTS

Today in retail news, employee of the week award goes to Kit, Shopify’s virtual assistant for Shopify merchants , who handles digital marketing and advertising for merchants on the platform … for an upcharge of $10 to $25 a month. Except now, all Shopify merchants can hire office assistant Kit at no additional cost. Yep, free office assistant labor: the holy grail of tight-margined businesses everywhere, and startups especially.

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Solve Your Firm's Automation Complexities Once and For All

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.