This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Whether you believe the hype or not, blockchain technology is attracting massive investments, exploration and competition across the globe. In the last week alone, top players in the distributed ledger space have made progress in their own initiatives, from membership growth within blockchain consortia to the pursuit of distributed ledger-related patents by top banks.
Third Industry Award Earned this Month for Treasury Management System. New York – January 31, 2017 – Global Finance magazine this month recognized Reval’s Software-as-a-Service (SaaS) solution for treasury and risk management with the Best Treasury Analytics award in the publication’s seventeenth annual Best Treasury & Cash Management Award 2017.
Supermarkets aren’t generally the sorts of things that generate massive, dedicated fan bases. Certainly most shopper have a preferred grocery store (or at least one they tend to frequent more often than others) — but in general, it is not something most people talk all that often about since on the whole shopping for groceries doesn’t register all that highly on the excitement meter.
This year could be the year that blockchain emerges from its current status as a largely hypothetical game-changer to one that’s put to the test. While few working applications of blockchain technology are in use today by financial service providers, the industry continues to place its confidence — and money — behind the technology. The latest is global consulting firm McKinsey, whose new report has put a price tag on the potential of blockchain: $110 billion.
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.
Dubai’s startup and tech scene has come a long way in the past three decades — the city is now a major business center in the Middle East, attracting investors and entrepreneurs from around the world. In this week’s Tech Center tracker, we take a look at how Dubai is giving FinTech hubs around the world a run for their money. Before we jump into the post, here are a few quick facts about Dubai and its tech scene: Dubai has an estimated population of 2,701,977.
The U.S. is no longer the world’s largest market for FinTech investment, according to the latest report from Citigroup, released this week. Analysts found that, in the first nine months of 2016, China held the top spot for FinTech investment, with funding raised for that period doubling compared to the same period in 2015. This week, however, venture capitalists in the B2B FinTech space went global, hitting Australia, the U.S., France and India.
The U.S. is no longer the world’s largest market for FinTech investment, according to the latest report from Citigroup, released this week. Analysts found that, in the first nine months of 2016, China held the top spot for FinTech investment, with funding raised for that period doubling compared to the same period in 2015. This week, however, venture capitalists in the B2B FinTech space went global, hitting Australia, the U.S., France and India.
Enterprise tech conglomerate Oracle is growing thanks to the acquisition of an API management firm, Apiary. Reports last week said the takeover will help Oracle offer more robust API building and monitoring services through integrating Apiary’s APIFlow solution, which helps businesses create and manage their APIs. “Oracle’s API Integration Cloud enables companies to secure, consume, monetize and analyze APIs,” said Oracle Senior Vice President of Integration Cloud Amit Za
There are times when cyberthreats can come in places where you least expect them. That could mean a selfie app, an email inbox or even within health care and medical services. Eric Chiu, cofounder and president of HyTrust , joined this week’s Hacker Tracker to share insights on the SEC examining the Yahoo breaches, why a selfie app may cause more harm than good and how the U.S. is handling its ever-growing number of reported cyberattacks.
In retail, inventory is what you’ve got and you hope they want. But when it just sits there gathering dust, money isn’t coming in, and space is being wasted. Human judgement — what to offer, where and when, and for how much — drives inventory decisions. But human judgement is, of course, fallible if it does not have the correct information at hand. Technology, as it does so often with every corner of life, can help augment that (retail) judgement.
eBay has spent much of the last year rethinking its market position and reworking its platform to help it compete more consistently and strongly against Amazon.com (and the rest of retail). And, as of Q4 2017, it looks like those efforts are paying off — literally. The holiday period saw a 3.1 percent rise in quarterly revenue for eBay — some good news that pushed up the price of shares in the online marketplace by 7.5 percent in after hours trading.
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.
As the old joke goes, for corporate professionals, the procurement department is where you go to retire. Indeed, said KPMG ‘s Procurement and Operations in the Americas Practice Leader Samir Khushalani, historically, procurement has been viewed within the organization as a cost center that deals with straightforward transactions. And while technology progressed, with solutions providers developing company-wide infrastructure for businesses to manage all aspects of procurement, Khushalani
With its infatuation with Instagram, Facebook and Snapchat, it’s safe to say that today’s generation is as concerned with appearances as were previous generations — if not more. The unexpected beauty queen reigning supreme is none other than cosmetic superstore Ulta , where anyone can walk in off the street for countless hair and makeup options. Whereas the latter half of 2016 saw a downward spiral in retail stocks, Ulta was the ray of light shining through with a 38 percent stock surge.
Heading into the new year, most everyone, retailers included, is looking within to enhance our lives and businesses from knowledge already ascertained and move that understanding forward. In the retail space, experts say the chatbot may be one of the best things a merchant can add in 2017. “Creating better real-time customer experiences based on conversational interfaces.
Canadian financial technology companies backed by venture capitalists reached a level not seen in nearly two decades, despite a slowdown of investment dollars flowing into FinTechs in the U.S. According to a report by Reuters , while FinTechs may not be red hot in the U.S., in Canada , they are breathing new life into the startup market and have drawn in a new crop of venture capital funds in Canada that are looking for young FinTech companies.
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.
Google is taking the first steps to integrate its Google Assistant with different paid services. According to a report , citing an APK teardown by XDA, Google’s latest version of its app, 6.11.13 beta, has a string of code which the report said could be a sign that payments are coming to Google Assistant shortly. The report said the string of code shows that Google Assistant can handle credit cards and offer direct links to Google support.
Hackers — in case anyone was still left wondering — are not going anywhere anytime soon. The environment is simply too rich with targets. And given the tens of billions of IoT devices expected to be logging on — and possibly logging into payments functions — the environment is only getting richer and more tempting. And in an age where cybercriminals seem to be ubiquitously lurking at all times, security becomes every merchant’s, issuer’s, card network’s and consumer’s problem.
Industries around the world have caught AI fever. Developers around the world have made more ways than ever for the technology to automate, optimize and enable different services. Facebook, Alphabet, IBM, Microsoft, Amazon and other major companies are all working on AI projects, along with numerous tech startups. One such upstart, which leverages artificial intelligence and image recognition in part to enable commerce, is Clarifai.
The global mobile wallet market is projected to grow at a CAGR of 35.5 percent from 2017 to 2021, according to research firm Research and Markets. In a press release highlighting the launch of new research, dubbed “Global Mobile Wallet Market 2017–2021,” Research and Markets said the use of 3G and 2G mobile data and broadband around the globe is a big contributor to the growth of the mobile wallet 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.
IT professionals say the reuse of passwords by company employees is a significant concern, reports said Monday (Jan. 2). A new survey by Gemalto found that 90 percent of IT professionals are concerned about employees reusing passwords they use for personal accounts in their professional lives, researchers said. Still, 68 percent of those surveyed said they would be fine with having an employee use the same passwords for personal social media accounts and company accounts.
Apple has surely managed to deliver a lot of hype with the launch of its mobile payments platform, but according to the numbers so far, it hasn’t really managed to deliver a hit. Which isn’t to say it’s been a wholesale miss, which, in the world of mobile payments, is actually something of a success in and of itself — just ask the former teams from CurrentC or Softcard (we miss you Tappy , you were our favorite muppet).
Consumers aren’t just using their mobile devices to browse; they are also making purchases at a higher rate, according to NetElixir. According to a report , citing data from search marketing firm NetElixir, the conversion rate from mobile devices during the holiday season increased to 1.45 percent from 1.15 percent in the year-earlier period. NetElixir, which based its analysis on 90 million visits to retailer websites, said consumers are still spending more when shopping on desktops compared t
“The real ‘move the needle’ opportunity in banking is to build a bank from scratch.”. That’s according to financial services vet and Varo Money CEO and Cofounder Colin Walsh, who told Karen Webster recently that the future of banking, for millennials in particular, lies not in branches but in bots who become money coaches. Millennials, Walsh went on to say, get very, very little, if any, advice at all from their bank about what to do with their money.
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.
Nyca Partners, the venture capital firm focused on the FinTech market, raised $125 million for a second fund. According to a report , Hans Morris, the former Visa president turned venture capitalist, created Nyca Partners in 2014, launching a $30 million fund. The fund invested in a slew of FinTech startups, including Lending Club, SigFig and Orchard.
Soon, online payments might get more frictionless. Amazon’s patent on its 1-Click payment system will expire this year, meaning online buyers could soon see many other online stores adopting similar methods throughout 2017. Anyone who has used Amazon more than once or bought using voice commands on the Amazon Echo will be familiar with 1-Click. It’s an integral part of the Amazon experience.
Quite possibly the sleeper hit of the Consumer Electronic Show (CES) 2017? Three-time Super Bowl MVP, four-prime Super Bowl Champion, legendary New England Patriots quarterback Tom Brady. Or at least his new technology. Beyond his NFL talents and with his wife, Gisele Bundchen, he has become known for focusing on a stringent and healthy lifestyle. Earlier this year, the couple released the $200 TB12 Nutrition Manual that instructs staying away from sugar, white flour, olive oil, iodized salt, to
Need a Frappucino? Now, there’s artificial intelligence (AI) for that. Starbucks already has an order-and-pick-up feature on its mobile app, but soon customers will be able to use their voice to order. The company recently announced a new feature that will allow customers seeking a caffeinated beverage or a breakfast sandwich to place their order via voice command.
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.
We organize all of the trending information in your field so you don't have to. Join 39,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content