PYMNTS

DECEMBER 12, 2018

In a renewed show of support for blockchain technology , American Express General Manager of Corporate Payments Carlos Carriedo has suggested that its pilot tests with partner Ripple to enable real-time cross-border corporate payments have been a success. Reports in Invest In Blockchain on Tuesday (Dec. 11) said Carriedo spoke at the Wings of Change Europe conference and emphasized American Express’ interest in blockchain technology. “Blockchain is absolutely an option we’re

B2B 97

B2B Leverage Investments Technology 97

The SaaS CFO

DECEMBER 12, 2018

Software subscriptions are the life of every SaaS business. But most SaaS companies I have spoken with are incorrectly recording their most important revenue stream. That is subscription revenue and the corresponding deferred revenue balance. And I don’t blame you. Often, your accounting is outsourced to a bookkeeper or accountant. Your bookkeeper compiles your financial […].

CFO 90

CFO Accounting 90

CFA Institute

DECEMBER 14, 2018

As part of her research, Barbara Stewart, CFA, spoke to a particular group of women about how they feel about their intelligence, how they look at success, and what advice they’d give younger women.

Communication 52

Communication Leadership Economics 52

PYMNTS

DECEMBER 12, 2018

Financial institutions are in the midst of becoming more mobile, with many of those legacy operations opting to — or at least considering — working more closely with FinTech providers to upgrade services, retain customers and acquire new ones. The debut of 5G promises to add another tool that can aid such efforts. As that mobile technology get closer to mainstream introduction, the potential 5G ecosystem for FinTech and mobile banking is gaining clarity.

Banking 84

Banking Technology Securities Marketing 84

Speaker: Ashley Harlan, MBA

What if your role as a fractional CFO went beyond operational support to actively shaping the future of your clients’ businesses? 💼 ✨ In this session, discover how fractional finance professionals can position themselves as architects of growth, guiding their clients toward sustainable success and preparing them for full-time financial leadership.

CFO

PYMNTS

DECEMBER 14, 2018

Instacart will have to conquer the grocery-delivery business without the help of Amazon. That’s one take on the news Thursday (Dec. 13) that Instacart has begun the process of winding down deliveries to customers of Amazon-owned Whole Foods. That wasn’t perhaps the most surprising news, given how Amazon keeps taking control of more logistical and delivery operations — an effort that many observers expect will eventually include the eCommerce operator competing head-to-head with UPS and FedEx.

Sales 78

Sales eCommerce Retail Valuation 78

PYMNTS

DECEMBER 9, 2018

With retailers struggling to get compliant with the Payment Card Industry Data Security Standard , qualified security assessors are going to be in more demand and can offer tokenization as one way of achieving compliance. That’s according to TokenEx , which recently hosted a webinar to help retailers better understand tokenization. In a press release, TokenEx pointed to a new analysis by SecurityScorecard that shows the alarming rate at which retailers aren’t prepared.

Retail 77

Retail Compliance Securities 77

PYMNTS

DECEMBER 14, 2018

One of the largest banks in Spain, Banco Bilbao Vizcaya Argentaria (BBVA), has completed a $170 million (€150 million) loan with Porsche Holding using blockchain technology, according to a report. Although the bank has completed blockchain loans before, it’s never done it with a non-Spanish customer, until now. One of the bank’s previous blockchain loans was completed with state-owned and -operated national electrical grid operator Red Eléctrica de España (REE) for $150 million in November.

Manufacturing 77

Manufacturing Banking Technology Corporate Finance 77

PYMNTS

DECEMBER 10, 2018

State Farm announced that it is testing out blockchain technology to streamline the subrogation process for auto claims. Subrogation is the last part of the claims process, where an insurance company recovers costs it paid to its customer for damages from the at-fault party. State Farm explained it is working with a partner in the insurance industry to test the blockchain solution against existing processes.

Securities 77

Securities Numbers Technology 77

PYMNTS

DECEMBER 14, 2018

To help low-income consumers get back on their feet, New York-based Propel has notched $12.8 million in Series A funding. Nyca Partners led the round, along with the participation of Kleiner Perkins, Andreessen Horowitz and Omidyar Network, as well as support from Thirty Five Ventures and Alexa von Tobel, the company said in an announcement. “Our investors are world-class experts in their respective fields,” Propel CEO Jimmy Chen said in the announcement. “They share an understanding

Budgeting 76

Budgeting Financial Systems Investments Finance 76

Advertiser: Paycor

Use these handy calendar templates to stay on top of payroll in 2025! Download them today to share with your HR team or post for employees. Whether your company has biweekly, semi-monthly, or monthly pay periods, Paycor has you covered. Get your templates today!

PYMNTS

DECEMBER 11, 2018

Coinone, a South Korean-based platform for cryptocurrency exchange, has released a blockchain-powered remittance app called Cross, according to a report. Cross uses Ripple ’s blockchain network, RippleNet, and doesn’t rely on traditional banking mechanisms. It offers payment services for people who want to send money to Thailand and the Philippines.

Technology 76

Technology Banking Numbers Accounting 76

PYMNTS

DECEMBER 13, 2018

UAE Exchange, the United Arab Emirates-based company, and Ripple, the blockchain technology company based in the U.S., are gearing up to launch cross-border remittances to Asia using blockchain technology. According to a report in Reuters , citing UAE Exchange’s group CEO Promoth Manghat, who is also executive director and chief executive at Finablr, with Asia among the biggest recipients of remittances sent around the world in 2017 and with a lot of it coming from workers in the Middle Ea

Foreign Exchange 75

Foreign Exchange Technology Banking Finance 75

PYMNTS

DECEMBER 11, 2018

Walmart and Rakuten announced Tuesday (December 11) the opening of the first Walmart eCommerce store in Japan, dubbed Walmart Rakuten Ichiba Store. According to a press release , the store resides on the Rakuten Ichiba internet shopping mall, offering Japanese consumers access to a wide variety of U.S. products such as apparel, toys, and outdoor items.

eCommerce 74

eCommerce Retail Planning Marketing 74

PYMNTS

DECEMBER 10, 2018

The year is 2007. Headlines are filled with news of a “revolutionary” product that will change the fortunes of merchants and unlock countless benefits for consumers when using it. Analysts at the time called this product “an historic opportunity” to bolster the merchant’s “corroding bottom lines,” and innovators rushed to build new applications to help them seize it.

Sales 73

Sales Accounting Economics Retail 73

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

Investments

PYMNTS

DECEMBER 10, 2018

Chinese bike-sharing company Mobike is being investigated by German regulators for potentially being in breach of the EU’s General Data Protection Regulation (GDPR). In a statement to the Financial Times , a spokesman said, “The Berlin commissioner for data protection and freedom of information had already planned to launch an investigation into car- and bike-sharing companies?

Compliance 73

Compliance Planning Marketing 73

PYMNTS

DECEMBER 12, 2018

While progress is always ongoing in payments and commerce, its path isn’t always straightforward or even. In China, mobile payments adoption has been racing forward, and stateside its progress is notably slower. Brexit negotiations go forward, backward and sideways, such that the eventual endpoint remains hard to forecast. And yet, as technology improves and data is more easily collected and interpreted , progress marches on in payments and commerce as new channels for funds to flow worldwide k

Forecasting 73

Forecasting Technology Numbers Marketing 73

PYMNTS

DECEMBER 14, 2018

Bitcoin fell to its lowest price in 15 months on Friday (Dec. 14), and analysts are predicting that further declines could be in store for the popular cryptocurrency. The price of bitcoin broke below the $3,200 mark to reach roughly $3,160 in the afternoon, MarketWatch reported. Daily FX Analyst Nick Cawley wrote in a note, which was reported prior to the latest drop, that the cryptocurrency could reach even lower lows heading into the future.

Currencies 72

Currencies Retail Marketing 72

PYMNTS

DECEMBER 9, 2018

ATM machine companies in India are warning that they will have to shutter as many as half of India’s cash machines because of new regulations, reported the Financial Times. According to a report in the Financial Times, citing the Confederation of ATM Industry (CATMi), the group said it will have to close down less profitable cash machines, many of which are located in remote rural areas and small towns.

Communication 72

Communication Banking Numbers 72

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, 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.

Accounting

PYMNTS

DECEMBER 14, 2018

Banks and businesses handling personal information face a delicate balancing act as global systems embrace smarter payments. They must deliver services that customers and clients demand while securing their personal data. Data is crucial and — fortunately, for banks and businesses in the smarter payments space — plentiful. By some accounts , more than 90 percent of existing data was created after 2014.

Advertising 72

Advertising Securities Banking Financial Systems 72

PYMNTS

DECEMBER 10, 2018

2108 has been the year of many things in payments and commerce. For Visa Global Head of Payments Products and Platforms TS Anil, it’s been a year in which many big steps have been taken on the journey toward giving merchants something that has made checking out in the store a safe, standard and interoperable checkout experience. A single digital terminal that can be used to create a secure, interoperable experience when consumers check out online — that experience comes by way of Secure Remote C

eCommerce 72

eCommerce Securities Leverage Marketing 72

PYMNTS

DECEMBER 13, 2018

Bank technology firm Temenos has struck a deal to acquire banking services and on-boarding firm Avoka in one of the largest exits for an Australian FinTech, reports in the Australian Financial Review said Wednesday (Dec. 12). Switzerland-based Temenos will acquire Australia-based Avoka for $245 million, reports said, following Temenos’ acquisition for Australia’s Rubik Financial last year.

Banking 72

Banking Technology B2B 72

PYMNTS

DECEMBER 11, 2018

The freelance and gig work economy continues to grow, creating wide-open opportunities for FinTechs and service providers addressing a range of new pain points for both the talent and the employer. Today, nearly half of gig workers surveyed for the most recent PYMNTS.com Gig Economy Index say they use a digital marketplace to find work, handle payments and manage other key components of freelancing, like taxes.

Invoicing 71

Invoicing Currencies B2B Numbers 71

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.

Accounting

PYMNTS

DECEMBER 12, 2018

The number of merchants accepting card payments around the world grew by 13 percent in 2017, to 69.2 million, according to a report. RBR, a research and consulting firm for banking and retail, released a forecast of payment card data through 2023, and found that card payment acceptance is growing at a fast rate. The two regions with the most growth were also the two least developed: Asia-Pacific and Central and Eastern Europe.

Forecasting 71

Forecasting Sales Numbers Retail 71

PYMNTS

DECEMBER 10, 2018

Social media giant Facebook is looking to grow its blockchain team, according to a report. The company posted on its careers page that it’s looking for data engineers and scientists, software engineers and a product marketing lead for its blockchain team. The company said its ultimate goal is to “help billions of people with access to things they don’t have now – that could be things like equitable financial services, it could be new ways to save, it could be new ways to share information.

Risk Management 70

Risk Management Compliance Leverage Startups 70

PYMNTS

DECEMBER 11, 2018

As a growing group of consumers around the globe adopt digital payment platforms and tools, some well-known players, including Google and Amazon, are now working to improve and expand access to the solutions that will make those transactions as frictionless as possible. In the latest Payments Powering Platforms Tracker , PYMNTS examines how digital payment platforms are being used to transform brick-and-mortar and remote transactions alike.

Nonprofit 70

Nonprofit eCommerce Retail 70

PYMNTS

DECEMBER 14, 2018

TransferGo , an up-and-coming international money transfer company, has raised more than $17.6 million in a Series B funding round, according to a report. The London-based company, which was founded in 2012, is available in 47 countries and has offices in Warsaw, London, Berlin, Istanbul and Vilnius. With a customer base of upwards of 800,000 people – and almost 1,00 new ones per day – it’s one of the fastest money transfer services available.

Finance 70

Finance Banking Technology Investments 70

Advertisement

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.

Reconciliations