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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.
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.
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.
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.
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.
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.
There’s a lot more to running a restaurant than making good food and serving it with a smile — and no, we don’t mean listing the menu on GrubHub, UberEats or OpenTable. Restaurants have to follow regulations set by the food and health administrations, such as cleanliness guidelines and storing various foods at specific temperatures. It can be a lot for one owner to track, especially owners of multiple establishments or franchise locations.
There’s a lot more to running a restaurant than making good food and serving it with a smile — and no, we don’t mean listing the menu on GrubHub, UberEats or OpenTable. Restaurants have to follow regulations set by the food and health administrations, such as cleanliness guidelines and storing various foods at specific temperatures. It can be a lot for one owner to track, especially owners of multiple establishments or franchise locations.
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
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.
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
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
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Finance teams are balancing more than ever, but manual processes shouldn’t slow you down. In this ebook from BILL, discover how AI is transforming finance—automating AP, expense tracking, and document management to reduce errors, increase efficiency, and improve financial control. Learn how real companies are using AI-powered automation to streamline workflows, detect anomalies, and gain deeper insights.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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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