Sat.Oct 27, 2018 - Fri.Nov 02, 2018

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Mapping Fraud’s DNA

PYMNTS

Payments and commerce fraud has its own ecosystem, one that includes criminals, servers and other computing devices, IP addresses, compromised payment cards and stolen personal data, and even houses and other physical locations. The various parts come together to produce a nefarious whole, one that targets personal and payment data to enable product or identity theft , account takeovers and other illegal activities that, left unchecked, can ruin lives and take down companies.

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Smart Beta: How to Avoid Fixed Income’s “Crocodile Jaws”

CFA Institute

Can smart beta help bond investors escape fixed income's "crocodile jaws"? Salvatore J. Bruno and Kelly Ye, CFA, weigh in in an interview with Paul Kovarsky, CFA.

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Trending Sources

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Q&A with Jason Loh, Global Head of Sales Solutions

Anaplan

Sales Tech Star recently conducted a wide-ranging q&a with Jason Loh, Global Head of Sales Solutions at Anaplan. We’re reprinting it here. Tell us about your journey in sales and how you reached Anaplan.

Sales 45
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How Open Banking Will Test Banks’ Data Security Strategies

PYMNTS

Whether driven by regulation or market competition, the financial services sector in several jurisdictions is progressing toward open banking, interconnectivity and a freer flow of data between customer accounts and third parties. As such, data security has simultaneously emerged as a renewed focal point for the financial services market, because the more data moves and the more actors touch it, the more exposure that information has to nefarious actors.

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The Human Side of Finance: The Intersectionality of People, Culture, Adaptability, and Resilience

Speaker: Melissa Hurrington

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.

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Why The Bank-FinTech Relationship Is More Complicated Than Conflicted

PYMNTS

Pick your metaphor: David vs. Goliath. Knocking the giant off the pedestal. Or, as a recent CNBC article put it, quoting a source, “a mass extinction event.”. The subject? The ongoing struggle, supposedly existential in nature, that pits upstart, relatively young FinTech firms against arrogantly complacent banks for supremacy in this new and growing world of digital payments and commerce.

Banking 76

More Trending

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Trick Or Treat (Payments And Commerce Style)

PYMNTS

Halloween is the scariest day of the year for children and parents alike – though for very different reasons. For kids, the proliferation of ghosts, goblins, witches, haunted houses and scary movies tend to have a powerful effect on their sugar-charged minds. For adults, Halloween is the last possible day of the year when it is possible to remain in denial about the fact that Christmas is coming and that Thanksgiving is, for all intents and purposes, tomorrow.

Retail 76
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How FinTech Startups Tackle Cyber Threats With Agile Development

PYMNTS

Privacy is not an afterthought with the “privacy by design” mindset, and FinTech startups may take a similar approach with data security. In that sense, they may incorporate data security every time they make an enhancement or a release. “It’s really built in by design,” DadeSystems CIO Mike Capote told PYMNTS.com in an interview. When FinTech startups take a “security by design” approach, they take security into consideration when making updates, and seek to ensure that they are not sacri

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Microsoft And Nasdaq Partner For Blockchain Initiative

PYMNTS

Microsoft is reportedly partnering with Nasdaq on blockchain, in which its Azure blockchain services will integrate with Nasdaq’s Financial Framework. According to a report in Bloomberg citing the companies, Nasdaq’s Financial Framework offers software for traders, exchanges and clearinghouses to interact with each other. The partnership is aimed at creating a blockchain system to help technologies work together for Nasdaq customers.

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Mastercard Weighs In On B2B Payments’ Tipping Point

PYMNTS

In B2B payments, the tipping point looms — away from checks and toward payments done electronically. Or, at least, if the tipping point is not here yet, then we are tipping rapidly toward the tipping point. You may recall that provocative scenario was the title and sentiment of a playbook that debuted in the fall and a collaboration between PYMNTS and Mastercard.

B2B 75
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Maximizing Profit and Productivity: The New Era of AI-Powered Accounting

Speaker: Yohan Lobo

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.

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Doctor On Demand CEO Talks Walmart Partnership And Telemedicine’s Expansion

PYMNTS

When last year’s flu vaccine turned out to be ineffective 80 percent of the time, it did not necessarily have to turn into a flu pandemic. The good news about living in 2018, Doctor on Demand CEO Hill Ferguson told Karen Webster, is that the flu can be treated in the first 48 hours of infection. Where the vaccine failed, the anti-viral drugs should have succeeded — b ut they didn’t.

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TRENDING: Freelancers Give Gig Economy An Instant Payments Push

PYMNTS

Whether picking up extra hours driving for Uber or consulting for a financial service firm, everyone has a side gig nowadays — with patience to receive that cash next to nil. The influx of freelancers is pushing companies to adopt even faster methods of disbursements to satisfy their need for payment speed. That means an end to the days of sending paper checks through the mail, and increased reliance on payment solutions that are often built right into the service itself.

Numbers 75
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VCs Act On Cannabis’ FinTech Opportunities

PYMNTS

As legal cannabis spreads, the industry is a big opportunity for FinTech, as industry players struggle to manage intense compliance requirements and limited access to traditional financial services. In this week’s rundown, the industry landed the most funding among B2B FinTechs, though other bright spots included cybersecurity, alternative finance and a startup working to prevent firms from losing money when employees commit expense fraud.

B2B 75
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HSBC, Standard Chartered, Others Launch Blockchain-Based Trade Finance Platform

PYMNTS

HSBC, Standard Chartered and 10 other banks launched a new blockchain -based trade finance program in Hong Kong on Wednesday (Oct. 31) aimed at increasing the efficiency of international trade. According to a report in Reuters citing HSBC, the platform, dubbed eTrade Connect, enables it to reduce the time it takes to approve a trade loan to four hours.

Finance 74
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Smarter Card Solutions: Meeting the Challenges of Mid-Market Travel & Expense

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.

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Western Union Grows Digital Double-Digits, Expands Underbanked Reach With Amazon

PYMNTS

Traction with digital transactions marked Western Union ’s latest results on Wall Street, while a newly minted agreement with Amazon grabbed its share of attention on the post-release third-quarter earnings call on Thursday (Nov. 1) — and trained a spotlight on the lures of eCommerce done cross-border. Generally speaking, in terms of consolidated top- and bottom-line results, Western Union’s revenues of $1.39 billion were just shy of the $1.42 billion expected by the Street, and its reported ea

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Experts May Overestimate SMBs’ Understanding Of Cyber Threats

PYMNTS

Corporate cybersecurity is an ever-increasing focus of government entities, with the U.S. Federal Trade Commission (FTC) the latest to place emphasis on the importance of safeguarding data and systems. Late last week, the FTC rolled out a series of informational resources for nonprofits and small businesses (SMBs) to heighten awareness and understanding of cybersecurity threats and how to mitigate them.

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Why Legacy Banks Have Mobile App Advantages

PYMNTS

A consumer’s sense of security and trust can be a funny, even unpredictable thing, especially when it comes to payments, banking and commerce. Maybe it’s the reputation of a brand that lowers the mental resistance to inputting payment and personal details on a mobile device to complete a transaction. Maybe it’s more about convenience and the back-of-mind knowledge that fraudulent purchases would be refunded.

Banking 73
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How Supplier Churn Can Stifle B2B Payments Automation: Symbeo

PYMNTS

Accounts payable (AP) automation certainly has the potential to transform the invoice-to-pay process by allowing employees to turn their attention from monotonous, manual tasks to more value-added ones. The key in AP automation is to have technology that is able to handle a range of scenarios: for instance, being able to automatically process invoices, regardless of whether they come in as a paper document, PDF or true eInvoice.

B2B 73
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Bringing AI to Finance: How to Leverage Technology for Efficiency and Control

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.

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WEX Eyes Corporate Payments M&A Push To Reach Beyond Fleet

PYMNTS

WEX released its third-quarter 2018 earnings data on Wednesday morning (Oct. 31), beating analyst expectations in posting $382.7 million total revenues, an 18 percent year-over-year increase, with earnings at $2.19 per share. Fleet payments, WEX’s flagship focus, grew with a 7 percent increase in total fuel transactions processed during the quarter compared to Q3 2017, with a 22 percent increase in fuel prices accelerating value for the company.

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The Three Reasons Why Checks Seem Immortal

PYMNTS

Checks, despite their near extinction in consumer payments, remain alive and well when it comes to businesses paying each other. And that, TransCard CEO Greg Bloh noted, is for a good – if often underappreciated – reason. When it comes to B2B disbursements, there are actually three things a payment method needs to do. Everyone knows the first one, he said, because it’s the most obvious: The method needs to be able to move money from one entity to another.

B2B 72
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Coinbase Raises $300M For Valuation Of More Than $8B

PYMNTS

Coinbase, the cryptocurrency exchange operator, has raised a fresh round of funding that gives it a valuation of more than $8 billion. According to a Coinbase blog post , the company raised $300 million in a Series E round of funding led by Tiger Global Management, with participation from Y Combinator Continuity, Wellington Management, Andreessen Horowitz, Polychain and others.

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How The Gig Economy Is Igniting Spend Management Innovation

PYMNTS

Before CEO Toffer Grant founded PEX , he worked in the world of prepaid cards (gift cards in particular), where Christmas was the biggest challenge of every year. Gift card use would faithfully and intensely spike around Christmas, only to settle back to a more typical baseline six to eight weeks after the “event.”. That was, of course, predictable — people would get gift cards in lieu of a physical gift, and recipients redeemed those cards in the first few weeks after their receipt.

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Say ‘Goodbye’ to Clunky Spreadsheets and Say ‘Hello’ to Month-End Automation

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.

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Mastercard Gains B2B Payments Traction, Sees Double-Digit Growth

PYMNTS

Strength in global consumer spending — along with double-digit cross-border gains and traction in B2B payments — marked third-quarter Mastercard results released Tuesday (Oct. 30), as management eyes digital checkout and other high-tech payments initiatives in the U.S. and beyond. In terms of headline numbers, Mastercard’s revenues of $3.9 billion, up more than 14.7 percent year on year, edged analysts’ estimates slightly, though management noted that revenue on a currency-neutral basis, and exc

B2B 71
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How Target And Walmart Are Taking On Amazon Prime For The Holidays

PYMNTS

When it comes to two-day shipping, Amazon is king: The eCommerce retailer’s Prime service offers free two-day shipping on eligible orders to its more than 100 million members. And the company says it is ready to take on the holidays, with more than 100 million Prime items eligible for free two-day shipping – and a logistics network ready to play Santa.

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Worried About Digital Fraud Now? Just Wait For The Implants.

PYMNTS

There may come a day, a generation or two from now, when stories about the data breaches and other hacking threats faced by payments and commerce operators in 2018 seem quaint — or, at the least, like relatively primitive foreshadowing of a new type of digital criminality. It’s no big news that microchip implants are part of the future of humanity. It’s already happening, of course, albeit tentatively.

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NEW DATA: Why One-Third Of Businesses Want Real-Time Payments

PYMNTS

Paper checks are still the norm when it comes to B2B payments — and companies aren’t happy about it. After all, paper checks are neither easy to use, nor convenient. Twenty percent of companies surveyed by PYMNTS said they dislike using checks for B2B payments because of fraud concerns, while another 18 percent said checks are too expensive. Yet, almost half of the businesses surveyed use checks to send or receive payments on a daily basis.

B2B 70
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Outsourcing Vs. In-House: The Ultimate Battle For Better Collections

Speaker: Susan Richards

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.