Sat.Sep 07, 2019 - Fri.Sep 13, 2019

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Building The Tire Shop Of The Future With On-Demand Service

PYMNTS

When Zohr Co-Founder and CEO Komal Choong and Co-founder and COO Anoop Choong were in college, they would flip cars and car parts on the side. While they were buying and selling a lot of those vehicles, Komal told PYMNTS in an interview that “we realized how painful the experience was for the consumer going into a traditional tire shop or repair facility.

Retail 100
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The Bezzle and the Central Banks

CFA Institute

In today's bull market, the bezzle, or "inventory of undiscovered embezzlements," isn't stocked with Ponzi schemes and the like. Rather it is built on the notion that risky assets have become practically risk-free.

Banking 59
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Trending Sources

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Hey Siri, What’s My Forecasted EBITDA Look Like?

Jedox Finance

Even though we have so much advanced technology surrounding us, we still cannot just ask, “ Hey Siri, what’s my forecasted EBITDA look like ?” There are many reasons why such technology isn’t available yet—insufficient data, unstructured data and some human knowledge that is not yet transferable to machine. However, there are many available technology tools that can simplify planning tasks and make planning and budgeting easier and far more accurate for finance professionals.

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People Moves: Hexindai, Olive Tree Estate

Future CFO

Nasdaq-listed Chinese consumer lending marketplace Hexindai Inc. announced recently the appointment of Ms. Kerrie Rui Zhang as CFO after the departure of her predecessor Johnson Qisen Zhang on Aug 30, 2019. Ms. Zhang was previously Hexindai's financial reporting director. She has more than 12 years of accounting and financial related experience, including more than two years at Hexindai.

CFO 52
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The Growth Architect: How Financial Leaders are Unlocking Potential

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.

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Walmart To Expand Delivery Unlimited Program

PYMNTS

With an expansion of its Grocery Delivery membership option for customers, Walmart plans to grow the reach of Delivery Unlimited to 1,400 stores later this autumn. The offering allows shoppers to pay a monthly or yearly fee to get unlimited Walmart Grocery Delivery orders. Shoppers, however, can still pay a per-delivery fee without a membership, the company said in an announcement.

More Trending

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Download Issue Fixed!

The SaaS CFO

If you experience any issues with downloads, please let me know. I apologize for the inconvenience. Ben. The post Download Issue Fixed! appeared first on The SaaS CFO.

CFO 40
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Audit and Technology

Future CFO

This report provides an overview of some of the various technologies that currently affect or are likely to affect the audit profession in the near future and what this means for auditors as people. Download The post Audit and Technology appeared first on FutureCFO.

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Voice Recognition Could Take A Bigger Role In Retail

PYMNTS

Voice recognition could soon play a bigger role in retail — especially in the world of quick service restaurants. That’s the signal sent recently by McDonald’s. The fast food operator recently announced an agreement to acquire Apprente. The company said in an announcement that the arrangement is another bold step in advancing employee- as well as customer-facing innovations while bolstering the technological capabilities of the chain.

Retail 99
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Four Principles to Sustaining a Desired Culture

CFA Institute

Once we define the culture we aspire to build, our challenge and responsibility is to cultivate it over time. That process is far from automatic and has no finish line.

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2025 Payroll Calendar Templates (Biweekly, Semi-Monthly, and Monthly)

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!

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FTC Officials Look Into Amazon’s Use Of Market Power

PYMNTS

To find out if Amazon is utilizing its market power to hurt competition, a Federal Trade Commission (FTC) team of investigators has started to interview small businesses that sell items on Amazon. Multiple attorneys, as well as one economist at a minimum, have been conducting interviews that tend to last roughly an hour and a half that cover many topics, Bloomberg reported on Wednesday (Sept. 11), citing unnamed merchants.

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How Video Games Are Helping Retailers Grow And Innovate

PYMNTS

Video games are helping to drive retail innovation and growth, and that includes the hot area of subscription commerce. Video games have changed a lot since the early days of home gaming in the late 1970s and early ’80s. The graphics improved, the games got more expensive and elaborate, and a whole lot more people from every walk of life are playing them.

Retail 99
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Retailers Are Getting Smarter About Artificial Intelligence

PYMNTS

Artificial intelligence (AI) and machine learning (ML) are starting to play a bigger role in retail, foreshadowing what’s to come in the new decade of the 2020s. Walmart , for instance, hopes to reduce checkout theft by turning to cameras powered by AI, with deployments underway in some 1,000 stores. “The retailer began investing in the surveillance program, dubbed Missed Scan Detection, several years ago in an effort to combat shrinkage – loss due to several causes including theft, scanning err

Retail 99
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PepsiCo Launches First Cash-Back Loyalty Program

PYMNTS

PepsiCo announced it has launched its first-ever cash-back loyalty program, PepCoin by PepsiCo. Through the program, customers will earn cash rewards when they purchase a single-serve PepsiCo beverage and Frito-Lay snack together (each must be specially marked). They only need to scan the codes on the bag and under the bottle cap with their smartphone.

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From Start to Scale: Driving Growth Through Seamless Payments Implementation

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

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Walmart To Pilot Third-Party Fulfillment Strategy

PYMNTS

Walmart has revealed it is testing out a fee-based service called “Fulfilled by Walmart.”. The company’s U.S. eCommerce chief, Marc Lore, announced the news at an industry conference this week, explaining the service aims to help Walmart’s online unit generate more revenue, as well as enable it to move more items from third-party merchants. Lore did not provide any further details, according to Bloomberg.

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Amazon Expected To Debut New Alexa Hardware At Annual Event

PYMNTS

Amazon will host an event on Sept. 25 in Seattle to introduce new products and services. According to CNBC , the eCommerce giant is expected to debut new hardware for its Echo family, as well as launch new products. At last year’s event, Amazon announced 15 Alexa-enabled products, including a microwave, new Amazon Echo products, a wall clock with Alexa built-in and more.

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Target Circle Loyalty Program To Go Nationwide In October

PYMNTS

Starting on Oct. 6, Target reportedly plans to bring its revamped loyalty offering nationwide. The Target Circle program offers birthday rewards as well as other personalized coupons, CNBC reported. The company noted that over two million people enrolled in the program over an 18-month period and have made over 14 million transactions. (The offering does not require a person to have a Target credit card or pay a membership fee.

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Retail Pulse: Target Prepares For Holiday Orders; McDonald’s To Acquire Apprente

PYMNTS

Brick-and-mortar retailers are doubling down on digital as they look to staff their stores for the busy holiday shopping season. Target , for instance, plans to bring on over 130,000 seasonal team members, with “a twofold increase in the number of roles focused on fulfilling digital orders from its stores.”. The company notes that roughly 125,000 team members will fill different types of roles at over 1,800 brick-and-mortar locations.

Retail 97
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Less Stress, More Success: Accounting Best Practices & Processes for 2025

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.

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Amazon, Home Depot Eye Fulfillment Innovations As Same-Day Delivery Race Heats Up

PYMNTS

Sometimes innovation in the commerce and payments space is a matter of a new technology or a new process. As recent news from the fulfillment world demonstrates, sometimes the Big New Thing is merely an extra floor or two in a warehouse. That’s the story involving Amazon (and, it seems, The Home Depot as well). The eCommerce operator reportedly is leasing some 500,000 square feet of space in a three-story warehouse in Amazon’s hometown of Seattle, according to The Wall Street Journal.

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Eyeing Improved SAP, EVO Payments Locks Down Delego Purchase

PYMNTS

Global payments technology provider EVO Payments announced it has purchased SAP firm Delego Software, EVO said in a press release on Tuesday (Sept. 10). Delego has deep roots in technology and was originally launched in 1997 as an SAP consulting business. It is now among the most powerful SAP companies for B2B users. . EVO’s B2B customers have already used Delego’s SAP integrations and payment solutions under an earlier partnership agreement, according to the press release.

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Euro Zone Working On Plan To Roll Out Digital Currency

PYMNTS

With aspirations to make projects like Facebook ’s Libra redundant, euro zone central banks and governments are at work on a plan to roll out a public cryptocurrency. The bloc is also going after a stricter approach from a regulatory perspective in the event that Libra should ask for authorizations to operate on the continent, Reuters reported. Work on the European Central Bank (ECB) project began prior to Libra’s rollout and could last months or years.

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JPMorgan Rolls Out Same-Day Deposits

PYMNTS

Customers of the WePay platform can now get faster deposits to their JPMorgan Chase bank accounts, CNBC reported on Tuesday (Sept. 10). “With other payment processors, when a small business is looking to get paid, it can take 24, 48, sometimes 72 hours over the weekend for that payment to hit,” Bill Clerico, CEO of WePay , told CNBC. “Because we are a bank [as well as a payments processor], we can deposit their credit-card proceeds the same day, including weekends, at no additional cost.”.

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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

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.

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The High Cost Of KYC And AML Security Lapses

PYMNTS

The regulatory landscape has become stricter – and more expensive – as enterprises and FIs grapple with fraudsters and seek to protect data and dollars. In the latest AML/KYC Tracker , the costs of lapses and breaches become apparent, even anecdotally, as measured in fines and exposed records. AML and KYC investments are growing in importance when it comes time to do battle against external (and internal) threats.

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Virtual Reality Gains Traction In Retail

PYMNTS

Virtual reality could have more retailers reach more consumers in the coming few years — in large part by upping the consumer experience. Already, trends are emerging that promise to play out with greater steam in the 2020s. Location-based virtual reality (VR) startup The Void is partnering with mall operator Unibail-Rodamco-Westfield (URW) to open 25 new entertainment outposts in the U.S. and Europe by 2022.

Retail 76
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Mastercard Rolls Out Global B2B Payment Service

PYMNTS

Mastercard is launching a new business-to-business (B2B) payment ecosystem to streamline and simplify transactions between suppliers and sellers. The Mastercard Track Business Payment Service is the first global open-loop commercial service built to automate payments between the world’s suppliers and buyers. “The business world has accelerated, but the payments that enable it are stuck in neutral – paper checks and manual invoicing need to be scrapped, man-hours need to be applied to more

B2B 76
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Data Shows China Slowdown Much Worse Than China Admits

PYMNTS

China’s second-quarter economic data shows a 6.2 percent growth; however, economists and investors believe the numbers are worse than what is being officially released, The Wall Street Journal reported. . China’s reported data came in close to Beijing’s target, a figure that has been published quarterly for the past 4.5 years. But a multinational index of Chinese production indicates a much smaller growth coupled with fewer workers returning to their jobs.

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Back to Basics with Reconciliations

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.