PYMNTS

MARCH 29, 2019

Federal Bank in India has partnered with blockchain payments company Ripple to facilitate cross-border payments, according to reports. Federal Bank confirmed the collaboration in an announcement to the Bombay Stock Exchange on Thursday (March 28). “ This is to inform Federal Bank has entered into a partnership with Ripple Inc, a blockchain supported global remittance company, for cross border remittance through its network, ” the announcement said. “ Powered by blockchain-enabled solution, the R

Banking 96

Banking Risk Management Currencies Economics 96

CFA Institute

MARCH 26, 2019

Many of today's unicorns have strong growth prospects, but they often have uncertain paths to profitability. .

Investments 52

Investments Financial Analysis Economics 52

PYMNTS

MARCH 26, 2019

Ditch the plastic? Maybe, but not yet — and maybe not for a while. The world knows by now that Apple has debuted its credit card — the Apple Card — in conjunction with Goldman Sachs and Mastercard. The card is available in both virtual and tangible, plastic forms. The broad outline is one where the digital version of the card can be used wherever Apple Pay is accepted.

Securities 95

Securities Entertainment Numbers Technology 95

PYMNTS

MARCH 28, 2019

Instant payments — and the ability to push funds immediately across the debit rails to consumer bank accounts — has entered something of a renaissance. The demand is there: According to the latest edition of the PYMNTS Disbursements Tracker , 75 percent of consumers expressed a preference for faster payments, and 84 percent of those consumers reported debit cards as their preferred way of receiving those funds.

Securities 87

Securities Accounting Banking Retail 87

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

MARCH 24, 2019

Uber, the ride-hailing startup, is reportedly gearing up to make a $3 billion bid for Careem Networks , the Dubai-based ride-hailing company. According to a report in Reuters , citing sources familiar with the deal, Uber could make the offer during the early part of the week. Uber is offering $1.4 billion in cash and $1.7 billion in convertible notes, which can be converted to Uber shares at a price of $55 per share.

Valuation 82

Valuation Startups Sales Marketing 82

PYMNTS

MARCH 25, 2019

And so a tech giant gets into the credit card game. And not just any tech giant – it’s Apple, the company whose payment services were touted (by at least some) as a credit card killer. News came Monday (March 25) that Apple – specifically, through its payments service Apple Pay – has launched the Apple Card. As reported, the company said users sign up for the card through their iPhone, can get approval through the device and can begin using the card immediately.

Numbers 81

Numbers Technology Retail 81

PYMNTS

MARCH 25, 2019

To help meet customer expectations in the digital age, retailers have to know who their shoppers are and what they want. While eTailers already have this information about consumers, brick-and-mortar retailers don’t have this in-depth knowledge. New digital innovations, however, provide the promise of offering valuable customer data to merchants. Smart vending solutions are becoming more popular and offer merchants new opportunities for insights, according to the latest PYMNTS Unattended Retail

Retail 79

Retail Technology eCommerce Numbers 79

PYMNTS

MARCH 25, 2019

Most of the payments chatter last week focused on FIS’ mega acquisition of Worldpay. The topic of conversation was the inevitable consolidation of the payments sector, as scale becomes critical to optimizing the payments experience and innovating new payments flows. Another piece of Worldpay news broke last week that has as much potential to innovate new payments flows and shape the direction of commerce in the decade of the 20s, now only nine months away.

Retail 79

Retail Healthcare eCommerce Marketing 79

PYMNTS

MARCH 28, 2019

There are no incumbent banks that are not paying attention to what the challenger banks are doing. What might have been written off even five years ago as a fad for digital financial services companies, or a niche product for a subset of consumers, is now “top of mind” for banks of all sizes, Jim Priestley, chief revenue officer at Feedzai , told PYMNTS in a recent conversation.

Banking 78

Banking Securities Accounting Technology 78

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PYMNTS

MARCH 25, 2019

The numbers are sobering. Even staggering. When it comes to financial crime, it seems, the bad guys are getting away with financial murder. Consider the fact that, as noted in the most recent AML/KYC Tracker produced as a collaboration between PYMNTS and Trulioo , money laundering is estimated by the United Nations Office on Drugs and Crime to be an $800 million to $2 trillion-per-year problem, equivalent to 2 percent to 5 percent of the global GDP.

Compliance 78

Compliance Leverage Banking Technology 78

PYMNTS

MARCH 28, 2019

It started, arguably, with mass transit , though with many bumps along the way, as the problems are slowly being solved while still bedeviling many cities. But transit will very likely be key – whether that means subways, buses or other, more individual forms of motion, such as rideshares or even scooters. It will certainly involve parking, and then tolls, and then other forms of commerce tied to transportation.

Transportation 78

Transportation Data Analysis Economics Planning 78

PYMNTS

MARCH 26, 2019

Apple is reportedly blocking its person-to-person credit card payment service unless a user gets a new Apple Card. According to a report in Cult of Mac , as of Tuesday (March 25), you can no longer send a payment to another person using your credit card via Apple Pay Cash unless its the company’s credit card. The report noted users are still able to send payments via a debit card or via bank transfer.

Entertainment 76

Entertainment Banking 76

PYMNTS

MARCH 26, 2019

Citi’s Treasury and Trade Solutions , a unit of Citi, announced Tuesday (March 26) it is developing a new business unit that will enable consumers to make digital payments to institutions. In a press release , Citi’s Treasury and Trade Solutions said it’s part of its aim to enable digital commerce for clients and to expand beyond the wholesale payments market.

Treasury 76

Treasury Leadership B2B Banking 76

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

MARCH 26, 2019

In 2015, news outlets ran articles about the “ gold mine ” of venture capital investments in the alternative finance sector. The industry indeed proved to be lucrative for FinTechs, with alternative lending often landing at the top of venture capital investment reports with giants like Kabbage , OnDeck and LendingClub securing an early lead in the industry.

Profit and Loss 76

Profit and Loss Finance Investments Securities 76

PYMNTS

MARCH 28, 2019

ICBA Bancard, the payments services subsidiary of the Independent Community Bankers of America (ICBA), announced a new partnership with MK Decision (MK) for its online loan-origination system. In a press release , ICBA Bancard said the partnership with MK Decision streamlines its credit card application process to make it easier for customers when shopping and applying for cards.

Education 76

Education Banking Technology Marketing 76

PYMNTS

MARCH 28, 2019

Along any avenue of technology, there is hope … and there is hype … and then there is reality. Blockchain has long been in the process of being divorced – operationally as well as conceptually – from its crypto connection. The hope has been that as blockchain moves beyond bitcoin , the decentralized way of moving data, assets and communications would find a wide berth in business.

Communication 74

Communication Banking Investments Numbers 74

PYMNTS

MARCH 29, 2019

Close to 1 billion email accounts were leaked by a marketing company in what some researchers are calling the “biggest and most comprehensive email database” breach ever. The Daily Mail reported that personal information from 982 million email accounts included names, gender, dates of birth, employers and even home addresses in the database. The info did not contain passwords or credit card details.

Accounting 74

Accounting Securities Numbers Marketing 74

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

MARCH 29, 2019

New research from UBS points to the largest spenders on bank technology: JPMorgan and Bank of America. Reports in Business Insider on Thursday (March 28) said UBS has published a report that breaks down U.S. banks’ technology budgets and explores which institutions are spending the most on innovation, using transcripts from conference calls, internal bank data released by the institutions and data from FactSet to reach its conclusions.

Banking 72

Banking Budgeting Compliance Technology 72

PYMNTS

MARCH 25, 2019

The current best-in-class method of payment for a ride on a subway in any American city works just fine – until it doesn’t. Loading funds onto a prepaid card that opens the turnstile once scanned, swiped or inserted works terrifically well – until the customer forgets to check the balance on his transit pass, and finds himself locked out at the turnstile.

Technology 71

Technology Securities Transportation 71

PYMNTS

MARCH 29, 2019

Demand for instant and peer-to-peer (P2P) payments is heating up, and financial institutions (FIs) are seeking to cater to that need, knowing that if they don’t, their customers are likely to turn elsewhere. This month’s Faster Payments Tracker explores the latest developments, as FIs and other companies seek to provide or tap into accelerated payment services.

Leverage 71

Leverage Securities Marketing Technology 71

PYMNTS

MARCH 23, 2019

“Space: the final frontier. These are the voyages of the Starship Enterprise. Its continuing mission: to explore strange new worlds, to seek out new life and new civilizations, to boldly go where no one has gone before.”. – Gene Roddenberry. If Helen of Troy had a face that launched a thousand ships, then Gene Roddenberry had the pen that launched a thousand ships.

Technology 71

Technology Investments Planning eCommerce 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

MARCH 26, 2019

It’s a $2 trillion problem, according to stats, and global in scope. Money laundering is big business and the recovered funds are scant, which begs a solution (a roadmap was offered up for FIs in a recent PYMNTS interview with Zac Cohen , Trulioo general manager). Elsewhere, Mastercard is targeting contactless payments on a mass scale – for mass transit , rolling out across additional cities through the next few years.

Numbers 70

Numbers Planning 70

PYMNTS

MARCH 28, 2019

Line , the Asian messaging company majority owned by Naver, the South Korean Internet search company, is expanding its business into payments and other FinTech services. In an interview with the The Financial Times , Shin Jung-ho, the founder of the company said Line is expanding into cashless payments and FinTech in an effort to not remain complacent or stagnant.

Profit and Loss 69

Profit and Loss Communication Leverage Investments 69

PYMNTS

MARCH 26, 2019

Globalization and easing barriers to international expansion aren’t simply changing the way corporates manage foreign exchange exposure. For many firms, these trends are forcing the introduction of an FX strategy on a company for the very first time, and when corporate treasurers aren’t prepared, they can run into complications beyond the cost of currency exchange.

Foreign Exchange 69

Foreign Exchange Currencies Cash Management Profit and Loss 69

PYMNTS

MARCH 27, 2019

U.K.-based payments company Worldpay said it will expand to Australia and New Zealand in an effort to take on more established payments services like Visa, Mastercard and American Express, according to report by Reuters. The move to Australia is an effort to capitalize on the country’s thriving eCommerce industry, which is worth almost $30 billion and rising.

Invoicing 68

Invoicing eCommerce Currencies Retail 68

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Reconciliations