PYMNTS
SEPTEMBER 12, 2019
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.
CFA Institute
SEPTEMBER 12, 2019
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.
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Jedox Finance
SEPTEMBER 11, 2019
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.
Future CFO
SEPTEMBER 12, 2019
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.
Speaker: Frank Taliano
Document-heavy workflows slow down productivity, bury institutional knowledge, and drain resources. But with the right AI implementation, these inefficiencies become opportunities for transformation. So how do you identify where to start and how to succeed? Learn how to develop a clear, practical roadmap for leveraging AI to streamline processes, automate knowledge work, and unlock real operational gains.
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PYMNTS
SEPTEMBER 12, 2019
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.
Corporate Finance Brief brings together the best content for corporate finance professionals from the widest variety of industry thought leaders.
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The SaaS CFO
SEPTEMBER 10, 2019
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.
Future CFO
SEPTEMBER 11, 2019
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.
PYMNTS
SEPTEMBER 13, 2019
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.
CFA Institute
SEPTEMBER 11, 2019
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.
Speaker: Claire Grosjean
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.
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PYMNTS
SEPTEMBER 11, 2019
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.
PYMNTS
SEPTEMBER 12, 2019
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.
PYMNTS
SEPTEMBER 10, 2019
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
PYMNTS
SEPTEMBER 12, 2019
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.
Speaker: David Worrell, CFO, Author & Speaker
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.
PYMNTS
SEPTEMBER 12, 2019
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.
PYMNTS
SEPTEMBER 12, 2019
For a consumer who wants to cook at home, but doesn’t necessarily want to spend a lot of time preparing for that process, there are no shortage of options on the market. The meal kit space has been crowded with an unending hit parade of “dinner delivered in a box” options for consumers served up by a host of startups, established brands and even celebrities looking to cash in on the trend.
PYMNTS
SEPTEMBER 13, 2019
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.
PYMNTS
SEPTEMBER 9, 2019
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.
Speaker: Dave Sackett
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.
PYMNTS
SEPTEMBER 13, 2019
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.
PYMNTS
SEPTEMBER 10, 2019
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.
PYMNTS
SEPTEMBER 9, 2019
MoneyGram and Visa Direct have formed a strategic partnership to roll out a new debit card deposit service, the companies announced in a Sept. 9 press release. The person-to-person (P2P) money transfer option offers U.S. consumers a way to send money domestically through MoneyGram to a recipient’s eligible debit card. . “We strive to create the best possible experience for sending and receiving money, and this new product offering empowers our customers by giving them yet another way to send mo
PYMNTS
SEPTEMBER 10, 2019
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.
Speaker: Erroll Amacker
As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R
PYMNTS
SEPTEMBER 13, 2019
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.
PYMNTS
SEPTEMBER 10, 2019
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.”.
PYMNTS
SEPTEMBER 11, 2019
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.
PYMNTS
SEPTEMBER 11, 2019
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.
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