Sat.Jan 13, 2018 - Fri.Jan 19, 2018

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The Data Behind B2B Payments’ API Excitement

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From market pressures in the U.S. that have encouraged data sharing between banks and FinTechs to regulations in the U.K. and EU like Open Banking and PSD2 that require such cooperation, APIs are emerging as an essential piece of the equation for payments innovation. That rings especially true in the areas of B2B payments and cross-border payments, which are complex, require the movement of data along with funds, and often involve multiple parties that have to all be on the same page about a tra

B2B 77
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NEW DATA: Retail Kiosks — The Next Billion-Dollar Industry

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One might just call this the age of unattended retail. Increasingly, retailers and other merchants are looking to give customers a more convenient and efficient experience by offering products and services via unattended kiosks. These machines mean that customers can interact with merchants more quickly, without having to waste time standing on a long line or dealing with a slow-moving employee.

Retail 74
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How Data Builds A Foundation For Commercial Bank/FinTech Collaboration

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The corporate expense management market doesn’t look like it once did. The traditional strategy of handing an employee a corporate card, hoping they make responsible purchases and depending on accurate expense reports has evolved into a market that embraces automation, artificial intelligence, mobility and an array of card products, from P-cards to virtual numbers.

Banking 74
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Amazon Raises Monthly Prime Membership Fees By 18 Percent

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Two years after Amazon launched monthly Prime memberships, the eCommerce retailer is increasing its monthly membership fees by nearly 20 percent, Recode reported. The monthly fee for Amazon Prime will jump from $10.99 to $12.99 in the U.S., which works out to an increase of 18 percent. On an annual basis, monthly memberships will now cost consumers $156 a year.

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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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Can Crypto Change The Music Industry?

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Musicians have a complicated relationship with monetizing their art. They create the songs, but the record labels that distribute them tend to own the song catalogs, which, over the decades, has led to a series of thrilling legal disputes over ownership. Think Paul McCartney’s now 40-year fight for the rights to the Beatles albums , or Prince’s decade-long standoff with Warner Brothers.

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Banks Say FinTech Innovation, Not Regulation, Is Now Their Fiercest Market Pressure

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The regulatory pressures on banks is not only fierce, it’s also continually changing, forcing financial institutions (FIs) to invest vast resources to stay on top of evolving rules. Regulation has undoubtedly acted as a catalyst to major financial services trends in areas like small business (SMB) lending, faster payments and, most recently, open banking and collaboration with FinTechs.

Banking 62
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China Goes After Alternative Cryptocurrency Trading Platforms

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China steps up its regulation of cryptocurrency trading by going after online platforms and mobile apps. Citing people familiar with the matter, Bloomberg reported China’s regulators are eyeing internet-based platforms and mobile apps that provide customers with exchange-type services. Last year, Chinese authorities banned trading in cryptocurrencies, but recently the country has been seeking out alternative cryptocurrency trading venues.

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Private Labels Gone Public

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Zalando is not a well-known website in the U.S. However, for European consumers, it’s a digital treasure chest for fashion and accessories at all levels. Among the things that separate Zalando from Amazon — the U.S.-based eCommerce giant to which the company is most often compared — is its luxury brands, like Givenchy and Proenza Schouler. Zalando has had much success in the upper and even middle-tiers of fashion: Fast-fashion brands like Zara and H&M were long holdouts.

Retail 58
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Holiday eCommerce Fraud Attempts Jumped In 2017

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Attempts to commit online fraud jumped during the holiday season, increasing 22 percent from Thanksgiving to December compared to a year ago. That’s according to new data from payments company ACI Worldwide , which found that along with the fraud increase, overall online transactions also jumped 19 percent from Thanksgiving to the end of 2017.

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

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, 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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Why Free Trials Fail (And What To Do About It)

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Acquiring customers in retail is challenging. Even more so when a merchant has adopted a subscription commerce business model. Unlike a regular retail purchase — which has little long-term risk to customers should they regret their purchases — buying a subscription-based product isn’t just about buying a good or a service; it’s about engaging in an ongoing relationship.

B2C 56
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NEW REPORT: From Consumer DIY To Call Center AI

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The Google generation is changing industries from retail to call centers — and everything in between. Thanks to the internet, DIY solutions to problems big and small are often just a few clicks away. But when it comes to a broken appliance, or getting locked out of an online account, consumers still tend to pick up the phone and dial into a company’s hotline.

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When B2B Payments Innovation Is All Talk, No Action

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It was only (relatively) recently that B2B payments finally secured significant attention and investment from innovators. A notoriously clumsy, friction-filled industry, B2B transactions must forge new paths to boost efficiency as businesses demand global solutions, speed and transparency. Investors are paying attention to that need, and are working to back the startups that develop solutions with these goals in mind.

B2B 55
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Visa Biometric Card Tech Eliminates PINs And Sigs

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Visa announced late last week that merchants can now tap into its suite of sensory branding via a pilot program. In a press release , the payments company said it is working with U.S. point-of-sale terminal manufacturers – such as Equinox Payments, Ingenico Group, Poynt and Verifone – to pilot sensory branding with merchant partners in the coming year.

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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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UPS Capital Expands Trade Finance For SMBs

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UPS Capital is ramping up its focus on small business finance. The company, a subsidiary of UPS, announced on Tuesday (Jan. 16) that it is expanding its UPS Capital Cargo Finance solution, which provides small- and medium-sized businesses with credit lines to finance goods as they are shipped. UPS Capital is increasing the amount an SMB can borrow from 70 percent of a supplier’s invoice to 100 percent, the company noted.

Finance 54
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Visa Taps PayMate To Enhance B2B Payments In India

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Visa is working with India B2B payments company PayMate to enhance its payment services for corporate customers, reports said Thursday (Jan. 18). Reports in Money Guru India said Visa has chosen PayMate to provide a B2B payment platform for joint customers, including small- and medium-sized businesses (SMBs) struggling with managing manual payment methods like checks and cash.

B2B 54
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IBM And Maersk Partner To Improve Shipping With Blockchain

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Can blockchain, the distributed ledger technology behind bitcoin and other cryptocurrencies, speed up international trade, historically beleaguered under paperwork and bureaucracy? Container shipping firm A.P. Moller-Maersk and IBM think so, reports Reuters. The companies, each a giant in its industry, have teamed up to create an industry-wide trading platform that they say will accelerate global trade and also save billions of dollars in the process.

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Voice-Activated Click-And-Collect Tool Helps Merchants Get OmniReadi

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Mobile order-ahead isn’t just for fast food. Across the brick-and-mortar spectrum, many retailers are leveraging it as a way to close the loop between real-world and digital experiences — and to provide a better, more compelling service experience for customers. Several major grocers (Kroger, Stop & Shop and even Amazon) have a click-and-collect option that lets shoppers fill their carts online, pay, then roll up and load the haul into their cars.

Retail 53
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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.

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South Korea Petition Demands Government Halt In Bitcoin Crackdown

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In South Korea, a petition seeking a halt to the government’s bitcoin crackdown has gathered momentum — to the tune of more than 212,000 signatures. The petition wants regulators to stop their efforts to curb cryptocurrencies and, by extension, crush the “happy dream” of those bullish on digital currencies. As reported by CNBC , the petition has been posted on the South Korean presidential website, stating that if more than 200,000 signatures are gathered within 30 days, government officials wil

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NA-KD, Swedish eCommerce Fashion Outfit, Grabs $45M In Series B

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Swedish fashion eCommerce firm NA-KD has raised $45 million in a Series B funding round. Of those funds, reports TechCrunch , is $5 million that comes from a “cash in,” as the site terms it, from early shareholders. The leader of the latest capital raise is Partech. TechCrunch noted there was additional participation from FJ Labs, with investments from backers who already hold investment positions, including eEquity, Jonas Norlander, Filip Engelbert and Northzone.

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Restaurants Reinvent Surge Pricing

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Dynamic pricing is not just for Uber and Lyft. One pioneering London restaurateur has brought the pricing strategy into the dining room. Leonid Shutov, owner and founder of the city’s swanky Bob Bob Ricard restaurant, has decided to tie his menu prices to projected demand — and offer discounted menu items to his diners during off-peak hours, Fortune reported Saturday.

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PayPal Processes $8.5 Billion In 2017 Donations

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More than $1 billion was donated to charities and nonprofits via the PayPal platform over the holidays, marking a milestone for the company, PayPal announced in a blog post. “This is the first time that we’ve ever crossed the $1 billion threshold for holiday giving … building on our record-breaking #GivingTuesday results, [which] truly shows the giving power, compassion and global reach (people donated from more than 180 countries) of the PayPal community,” PayPal President and CEO Dan Sc

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Usage-Based Monetization Musts: A Roadmap for Sustainable Revenue Growth

Speaker: David Warren and Kevin O’Neill Stoll

Transitioning to a usage-based business model offers powerful growth opportunities but comes with unique challenges. How do you validate strategies, reduce risks, and ensure alignment with customer value? Join us for a deep dive into designing effective pilots that test the waters and drive success in usage-based revenue. Discover how to develop a pilot that captures real customer feedback, aligns internal teams with usage metrics, and rethinks sales incentives to prioritize lasting customer eng

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Blockchain: A Cure For What Ails Health Care Payments?

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Health care has no easy fixes when it comes to payments. Or data management. And for a sector that is about 18 percent of the U.S. GDP, inefficiencies exist on a huge scale. Consider the fact that in 2016, InstaMed estimated that a third of the roughly $5 trillion collected in health care payments is wasted through inefficient processing. And in an age where data is increasingly digital, and always valuable, information used intelligently and securely means efficient care, which saves providers

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‘Costco For Millennials’ Attracts Big Investors

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A popular eCommerce retailer, which has been called the “Costco for millennials,” is attracting potential investors, according to The New York Post. Both General Mills and Bed Bath & Beyond are considering investing in Boxed.com. Boxed has become one of the most sought-after tech startups because its distribution centers, which can provide 24-hour delivery to consumers’ homes in many parts of the United States.

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OpusCapita Integrates eInvoicing Tech From CloudTrade

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Electronic invoicing firm CloudTrade is integrating its service into procure-to-pay platform OpusCapita, the firms announced Tuesday (Jan. 19). According to OpusCapita, its procure-to-pay and order-to-cash solution facilitates 600 million transactions a year with more than 8,000 customers across the globe. The integration of an eInvoicing solution can reduce friction, especially for suppliers, according to the company’s Product Manager of Global Invoice Sending Matts Ek. “CloudTrade

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Bitcoin Plunges Over 50 Percent

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Bitcoin took a tumble on Wednesday, dropping as much as 20 percent and dipping below the $10,000 mark, Reuters reported. By early evening, however, the currency had rebounded, hitting $11,153.21 at 5:25 P.M. according to CoinDesk. Bitcoin wasn’t alone in its fall, as other cryptocurrencies lost value over investor concerns that regulators would take measures to curb speculation.

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Solve Your Firm's Automation Complexities Once and For All

Speaker: Mark Stovel

When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.