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National treasure Kim Kardashian has taught us all a series of invaluable lessons over the years: how to break the internet, that there is no such thing as too much eyeliner and that, if you are on the phone with Taylor Swift, the smart money is on hitting the record button. But of all the lessons we have learned from Kim — and later, Kimye — the most crucial, deepest and most fundamental is that, if one can get themselves behind the velvet rope, one should do so because life in the VIP suite is
While hacks have been nearly endemic over the last several years, they have, at this point, mostly faded to the level of background noise for the average consumer. Sure, the aftermath of having a card compromised is often annoying and involves changing cards stored in digital wallets and with subscription sites, but consumers know that their bank has their back.
It’s not yet the holidays, but it’s almost Diwali, the Hindu festival of lights, a fitting theme for today’s bitcoin news. Diwali lasts for five days beginning Oct. 20, and bright lights, colorful decorations and fireworks mark the occasion. The Indian people celebrate by lighting diyas and candles around the home, seeking divine blessings from the goddess of wealth and exchanging gifts, such as gold coins.
Toasting new employment? Odds are increasingly good that you may be clinking your glass over your latest gig. The number of Americans working gig jobs — or short-term, ad hoc positions — grew at a rate of 50 percent from 2005 to 2010, while the gig economy gained 9.4 million new workers, outpacing the U.S. economy as a whole. But there is still much not known about this rapidly expanding portion of the economy, as the Bureau of Labor Statistics stopped collecting data on gigs in 2005 and won’t b
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Is closing on Thanksgiving day becoming the new being open on Thanksgiving day? This week, Mall of America, the nation’s largest shopping mall, announced it was bucking the recent trend of opening stores to shoppers on Thanksgiving. Instead, Mall of America said it would close on Thanksgiving so its 14,000 or so employees could have the day off to spend time with their family, although the Minneapolis Star Tribune reported that the more than 520 stores inside Mall of America will have the option
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It may be easy to see First Data’s SMB POS Clover sitting on a merchant’s countertop and assume it’s just another nice-looking terminal that accepts payments. But as John Beatty , CEO and cofounder of Clover for First Data , explained, that would be overlooking what Clover really is — an operating platform that helps an SMB run its business, eliminating the need for the SMB to have multiple devices on the countertop that support other business-critical applications. “We’re starting to see
Payments take the football field, but consumers call the plays. That’s how Dan Charron , EVP and Head of Global Business Solutions for First Data , sees it and how he describes the latest rollout of its commerce technology solution at CenturyLink Field Event Center and CenturyLink Field, home of the Seattle Seahawks , aimed at taking the fan experience to the next level.
Did you know that physical trainers and fitness instructors only get paid a very small fraction of the cost you pay the gym per hour? After they’ve pushed you to do a hundred burpees or gotten you to achieve that perfect yoga Crow Pose, they may end up with only $20. When your endorphins wear off, you’ll also notice that your wallet could be a $150 per hour lighter.
Ever seen a UFO? Could it have really been a bird, plane or you-know-who? That’s where 47-year-old nonprofit MUFON comes in to debunk or detail what you saw. “Sometimes, people say they saw a UFO, and immediately, people think they said, ‘I saw a flying saucer,’” said Rodger Roeser, spokesperson for MUFON, which literally investigates unidentified flying objects.
Coyote, bobcat, armadillo and … human skulls. Perhaps counterintuitively, Skulls Unlimited , a company that sells skulls — yes, animal and human skulls — sees its biggest uptick in purchases closer to Christmas, rather than before Halloween. “This time of year, we start getting in more orders. Halloween, not as much, but most people looking for Halloween decorations quickly realize that we’re not offering skulls for that purpose,” said Josh Villemarette , co-owner and son of the fou
Finance teams are drowning in data—but is it actually helping them spend smarter? Without the right approach, excess spending, inefficiencies, and missed opportunities continue to drain profitability. While analytics offers powerful insights, financial intelligence requires more than just numbers—it takes the right blend of automation, strategy, and human expertise.
While the emerging world of mobile payments has allowed us to collectively envision a world where payments goes far outside good old fashioned plastic, it is likely the case that very few people ever imagined that they would literally be able to use their face to pay. Or, more accurately, to verify their identity such that a payment can be completed.
Though for a few years there it really looked like it might simply become retail standard, it seems that starting the Thanksgiving weekend sales crush on Thanksgiving may fizzle out after all. According to reporting over the weekend, an increasing number of big retailers are actually taking the national day of thanksgiving off. So far, the known opt-outs include Home Depot, Nordstrom , Costco, BJ’s, Fred’s Pharmacy, GameStop, Harbor Freight, Lowe’s, Pier 1 Imports, Petco, PetSmart, Sam’s C
Small and medium-sized businesses eager to attract and retain loyal customers are even more eager to harness the power of machine learning and artificial intelligence. Software based on these technologies can make predictions on customers’ behavior, assess their potential as repeat purchasers and automate communications that will stimulate buying behavior, or even do it for them.
Canadian startup Ask The Doctor announced Ask The Doctor To Start Accepting Bitcoin As Payment on Wednesday (Oct. 12) it is now accepting bitcoin as a new way to further help protect its patients’ privacy. In a press release , the company said that users can choose to pay for advice from a physician by bitcoin on Ask The Doctor’s desktop platform.
Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.
Oberthur Technologies (OT) is partnering with payments service provider Nets to deliver support for mobile payments to Scandinavian banks. The collaboration, announced on Thursday (Oct. 6), is aimed at helping to service banks in the Nordics with a financial platform that supports future international mobile payment methods. Nets and OT will combine their capabilities to offer an end-to-end mobile payment solution, which will include Host Card Emulation (HCE) and tokenization to secure payments
American consumers have big plans for the holiday season when it comes to their shopping, according to a report. A new survey by Deloitte revealed that 50 percent of shoppers plan to shop online for their holiday gifts, spending roughly half (47 percent) of their budget online. More than 5,000 consumers in the U.S. were surveyed, and the research showed that physical stores are not likely to see a surge in traffic. “Retailers must cater to that digital mindset long before someone walks int
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Versatility is an attribute that many value — that kind of all-around utility player who can substitute for a key player or employee in a pinch. That’s also the skill set of the “Arch Fraudster,” which makes them efficient as a fraudster and a dangerous nemesis to the online retailer. In the most recent installment of the Meet The Fraudsters series, Gilit Saporta , senior fraud analyst at Forter , sheds light on this somewhat mysterious but dangerous fraudster profile.
Traditional budgeting and forecasting methods can no longer keep pace with today’s rapidly evolving business environment. Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty. To stay ahead, finance leaders must leverage a future-forward approach—one that leverages real-time data, predictive analytics, and continuous planning to drive smarter financial decisions.
Apple Pay and Masterpass digital wallet technology are making their way to New York, with Governor Andrew M. Cuomo announcing the addition of the two payment methods to MTA eTix, the mobile ticketing app that enables Metro-North Railroad and Long Island Rail Road customers to buy tickets whenever they want. According to a report, starting Thursday (Oct. 6), customers will be able to use both services to buy one-way, round-trip, 10-trip, weekly and monthly passes and CityTickets on MTA eTix.
When expense management firm Emburse launched only a year ago, the company entered the market with a commercial card service, issuing virtual and physical prepaid debit cards for specific purchases in an effort to help companies more closely manage employee spend. But as the company has grown, so have its clients, said Cofounder Roger Gu in a recent interview with PYMNTS.
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Out of the ever-growing list of things retailers have as priorities, stopping fraud — not selling more goods and services — has now claimed the online retailer’s top spot. That’s the finding of Forrester’s 2016 “State of Retail Payments 2016” report. Michael Reitblat , CEO of Forter , isn’t at all surprised. The mere increase in the number of fraud attempts year over year and quarter over quarter is enough to shake even the most hardened eTailer to her knees.
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Etsy buyers and sellers are about to get a boost in enhanced payment experience. Payments company Adyen announced crafting a global partnership with online marketplace Etsy, covering both the U.S. and European markets, as well as other key markets where Etsy maintains a presence. Peer-to-peer eCommerce site Etsy includes a marketplace of 1.7 million sellers offering unique, vintage and handmade items.
If you’re playing the slots in Vegas this week, there’s a good chance they’re coming up: Biometrics; EMV chip cards; Mobile security. Again. And if you’ve been following the Digital Identity Tracker™ (or just the industry itself) in the 12 months since last year’s Money20/20 conference in Las Vegas, these three topics have been constant newsmakers, as security providers and businesses alike look to offer top-notch protections in an age of rising fraud and cybercrime.
Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.
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