Sat.Jul 06, 2019 - Fri.Jul 12, 2019

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i2c On Brex And ‘Fast Twitch’ Innovation

PYMNTS

The good old days of a two-year product development cycle are pretty much over. These days, no matter how creative, innovative and disruptive an idea a financial services player may have, the reality is they don’t have a lot of time to sit around developing it. “Speed to market is critical, more so today than it has ever been in history. In a couple of months, your great idea will have two or three competitors,” Joseph DeRosa, executive vice president of global sales at i2c , told PYMNTS in a re

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Data and System Considerations for AI Projects in FP&A  

Jedox Finance

An Interview with Kevin Kennedy, Business Systems Manager at Terminix, a ServiceMaster Brand. Pulling together large sets of good data is the essential first step in any AI project. What is just as important, however, is having someone who truly understands the data itself from a technical and business perspective. For the Jedox AI project at ServiceMaster, this data expert is Kevin Kennedy, who has served as business systems manager at its division Terminix since 2005.

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Work and Leadership: Going It Alone

CFA Institute

Self-leadership may become the most important kind of leadership of all, says Barbara Stewart, CFA.

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Lawmakers Push To Fast-Track Crypto Regulation

PYMNTS

Are new bitcoin rules coming? According to The Wall Street Journal , “the Internal Revenue Service is expected to update its 2014 guidance on cryptocurrencies in coming weeks, following an April request from a bipartisan group of 20 lawmakers. It is part of a broader push to boost the nascent cryptocurrency industry.” Not only that, but the newspaper said the U.S.

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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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Banks, Govs Show Continued Resistance To Facebook’s Libra

PYMNTS

Many traditional banking institutions and governments have shown skepticism, silence and resistance to Facebook’s proposed cryptocurrency Libra, according to reports. . Though the currency could potentially alter the financial landscape for good, many banks have simply not responded to the issue. “We’re still learning what it is and trying to work out where we stand on it — are we an opponent, partner or do we ignore?

Banking 81

More Trending

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Cannabis Law Reform Gains Momentum In Congress

PYMNTS

In a first-ever congressional hearing on marijuana law reform, the House Judiciary Subcommittee on Crime, Terrorism and Homeland Security convened July 10 to debate altering federal law around cannabis, CNBC reports. The consensus is that major cannabis reform is needed but disagreement still remains over what legislation should look like and the best strategy to advance it.

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As 5G Looms, Retail Possibilities Become More Clear

PYMNTS

Retailers surely have more than enough to worry about these days. For one, the pace of innovation keeps speeding up – and that holds true for all types of retail niches, from apparel to grocery to others. Closely tied to that is the increasing demand from consumers for all types of fuller, interconnected, omnichannel experiences – shopping and transactions that not only combine offline and online channels, but are frictionless while also being fun and even memorable.

Retail 77
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What Digital ID Will Mean For Daily Life In 2020 And Beyond

PYMNTS

The questions that seem simplest tend to be the most complicated. The answers to such questions also usually end up having more significance than the answers to other inquiries. Excuse the detour into pop philosophy or Jedi teachings, but that is the case when it comes to the question “Who are you?” Those three words strike at the heart of identity, and mean so very much when it comes to the efficient operation of the global digital economy and its continuing growth, whether via retail, payments

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How APIs Level The B2B eCommerce Playing Field

PYMNTS

In B2B commerce’s pursuit of the “Amazon-like” experience, both buyers and vendors have quickly discovered that business-to-business cannot take the same path that the business-to-consumer market did. Navigating through a fragmented field of disparate platforms, systems and data requirements is among the largest challenges to B2B eCommerce adoption today.

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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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Today In Data: Enhancing The Customer Experience With Call Center AI

PYMNTS

More call centers are beginning to rely on artificial intelligence (AI) for greater insights. In recurring payments, subscription commerce is having a “fear of commitment” moment. And, in retail, sellers of health and beauty products are very prepared to embrace innovation in comparison to healthcare service providers. All This, Today In Data.

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Mastercard Teams With Hertz To Allow Rentals With Debit Cards In Europe

PYMNTS

To offer customers greater choice and convenience in time for the summer holiday season, Hertz , Dollar and Thrifty are welcoming debit cards at selected European locations. The new payment option provides customers with a Debit Mastercard or other recognized debit cards access to standard car and van rentals at key locations in Europe , according to an announcement.

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Automated Retail Speeds Up Delivery And Checkout

PYMNTS

Automated retail might conjure up images of robot cashiers, but beyond a few convenience stores in Japan and Korea, that sci-fi development hasn’t yet become reality for the wider world. Robotics might take over delivery jobs before they make cashiers redundant in the U.S., though. Last month, Domino’s Pizza announced it would be testing autonomous pizza delivery in Houston with robotics company Nuro.

Retail 72
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How QSRs Bring Mobile And Digital Payments To The Table

PYMNTS

In the age of quick-service restaurant (QSR) dining technology innovation, restaurants are frantically looking into ways to provide consumers with mobile ordering bells and whistles like third-party payment integrations, rewards programs and surprise-and-delight offers. Some establishments are rolling out proprietary apps, while others are teaming up with third-party platforms to gain revenue.

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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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African Mobile Payments Startup OPay Raises $50M

PYMNTS

African payments startup OPay has raised $50 million in funding after investors such as Sequoia China, IDG Capital and Source Code Capital joined in the latest round, according to a report. Norwegian browser company Opera , the founder of OPay, also contributed its own investment in the mobile payments startup with hopes of growing the company into a leader in mobile payments.

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InstaReM CEO On Why They Want A Digital Banking License

PYMNTS

When Facebook’s Libra news broke like a tidal wave on the payments and commerce ecosystem a few weeks ago, there was no shortage of opinions about what it meant and whether or not it would take the world by storm. For Prajit Nanu, CEO at InstaReM , it was a singular experience – not because of what was said about the Libra platform itself, but because of something he learned about the world through watching its reactions.

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Lime Taps PayPal’s Hyperwallet For Global Payouts

PYMNTS

Juicing gig economy payouts — literally. Hyperwallet , the PayPal service, said Wednesday (July 10) that it will handle outbound payments for Lime , the scooter rental platform. In terms of the mechanics of the collaboration, Lime will send payments to what is billed as the scooter “juicer” force that exist as a network of freelancers who get paid to charge the scooters.

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Analysts Peg Shopify As Growing Amazon Threat

PYMNTS

A KeyBanc analyst says Shopify could eventually rival Amazon in gross merchandise volume, according to a report by Bloomberg. . Josh Beck wrote in a note to investors that the online marketplace has received “overwhelmingly positive” feedback from developers, partners and merchants at three recent conferences. He also raised his 2020 revenue price target from $300 to $350.

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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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Fed Chairman Calls For Libra Freeze; Bitcoin Slumps

PYMNTS

The chairman of the U.S. Federal Reserve called for a stop to Libra , Facebook’s proposed cryptocurrency, until the project better demonstrated how it was going to address issues like money laundering and privacy, according to a report by Reuters. Jerome Powell testified before the U.S. House of Representatives Financial Services Committee on Thursday (July 11), and his comments caused a slide in bitcoin value, which fell 7.7 percent, to $11,164.

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Report: The Reason 48 Pct Of High-Margin SMBs Pay Suppliers Late

PYMNTS

Most individuals would feel compelled to have a good excuse if they were late in paying back someone who lent them money. This isn’t the case in the world of trade credit, however, in which millions of U.S. firms sell their products and services to each other with the expectation that they will wait weeks — or even months — to be paid. Under this informal system, late payments are common, but the reason cited by a significant portion of firms for paying late is notable: They expect their supplie

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Beyond Correspondent Banking – Time For Cryptos And Blockchain?

PYMNTS

There has been, seemingly, a parade of announcements geared toward bringing B2B payments into the digital age, bringing about the end of paper, speeding the time for settlement of transactions and making payments across borders cheaper and more transparent. In some cases, blockchain is being deployed, sometimes with cryptocurrencies as part of the equation.

Banking 67
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Subscription Commerce’s ‘Fear Of Commitment’ Moment

PYMNTS

It’s one of the blessings and curses of subscription eCommerce: As easy as it can be to sign up consumers for one such service or another, it can be just as easy for that consumer to leave that service after a month or two. Indeed, some 71 percent of digital media consumers planned to cancel their subscriptions within one year after just one month of service, according to PYMNTS research.

B2C 67
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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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How Delta’s Customer Service Is Riding An AI Tailwind

PYMNTS

Consumers today want more from customer service than a long wait time and broad answers when getting through to a human agent by phone. To better service a customer base that wants more personalization in their relationships with businesses and merchants, more call centers are starting to rely on artificial intelligence (AI) for greater insights. Call centers are starting to use AI not just for data insights, but as a way to keep payments and other facets of the customer experience safe from bad

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Payments Tech Firm InComm Acquires Meridian Loyalty

PYMNTS

Payments technology company InComm has acquired Meridian Loyalty, a business incentives company that works to build loyalty as well as engagement opportunities for corporations, according to a release. . InComm acquired Meridian to help strengthen its incentive initiatives with the creation of rewards and membership-type programs and management tools for employee, B2B and B2C platforms.

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Cambridge Global Payments Automates X-Border AP

PYMNTS

FLEETCOR -owned Cambridge Global Payments has announced the launch of its Invoice Automation Solution. Cross-border commercial payments and FX management firm Cambridge Global Payments said in a press release Tuesday (July 9) that its Invoice Automation Solution is now available as an integrated tool that streamlines the invoice-to-pay process for cross-border transactions.

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China Could Launch Its Own Crypto To Counter Libra

PYMNTS

A People’s Bank of China (PBoC) official said that the upcoming launch of Facebook’ s Libra could speed up his bank’s development of its own digital currency. In fact, if Libra becomes widely used for international payments, Wang Xin, head of the research bureau at the PBoC, questioned “would it … accordingly have a large influence on monetary policy, financial stability and the international monetary system?

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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.