Sat.Oct 26, 2019 - Fri.Nov 01, 2019

article thumbnail

Why Super Apps Could Have Superpowers

PYMNTS

It’s what WeChat and Alipay already are in China, and what LINE is in Japan. Rappi follows suit in Latin America. It’s what Grab and Gojek are investing hundreds of millions of dollars to become in South Asia. It’s Facebook’s global ambition, with or without Libra and Calibra. It’s the path that Amazon, Google and Apple are blazing for its users, too.

Banking 64
article thumbnail

How CFOs can prevent employee burnout

Future CFO

If an issue can be prevented, don’t wait till you have to fix it. The World Health Organisation re-labelled burnout as an "occupational phenomenon" this year to reflect that burnout is a work-based syndrome caused by chronic stress which leads to exhaustion, negativity towards a job, and a reduction of work performance. . In Singapore, a Cigna study found that 92% of workers are stressed, with one in eight citing unmanageable stress levels.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

How to Read Financial News Redux: The Complete Series

CFA Institute

How should you approach financial news? Robert J. Martorana, CFA, shares his advice.

article thumbnail

LVMH Makes $14.5B Takeover Offer For Tiffany & Co.

PYMNTS

With jewelry as one of the fastest-growing businesses in the luxury sector, Tiffany & Co. has received an offer from LVMH Moët Hennessy Louis Vuitton. The French firm sent the company’s officials a letter that reportedly outlined an all-cash, $120-per-share takeover bid that would value the firm at nearly $14.5 billion, The Wall Street Journal reported.

Sales 63
article thumbnail

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

article thumbnail

Uber Launches Uber Money

PYMNTS

During the Middle Ages, payday was a yearly event wherein the local landlords and their peasant workers settled up for the previous year’s work and drew up terms for the next year. As industrialization displaced feudalism, pay cycles evolved to monthly. The modern era ushered in the notion of a weekly or bi-weekly pay cycle, which remains the norm for most U.S. workers today.

More Trending

article thumbnail

US firms to speed up cash accumulation in Q4

Future CFO

US businesses are expected to speed up its cash accumulation in Q4, said the Association of Financial Professionals that recently released the results of its Corporate Cash Indicators, (CCI) a quarterly survey of senior corporate treasury and finance executives. In Q3, businesses continued to accumulate cash and short-term investment holdings though at a gradual pace, according to AFP.

article thumbnail

Reinventing finance as trusted advisor to business

Future CFO

A strategist. is a person skilled in planning action or policy. Every member of the executive team is expected to come to the table as strategist. One role, above all else, is expected to be responder, challenger, architect and transformer. According to Deloitte , to be an effective strategist, the chief finance officer needs to demonstrate an ability to move between roles.

Finance 52
article thumbnail

Venmo Debit Card Offers Cash-Back Rewards 

PYMNTS

Venmo, the peer-to-peer (P2P) payments platform from PayPal, is rolling out a cash-back rewards program for its Venmo Mastercard debit card at certain retailers, Venmo announced in a press release on Tuesday (Oct. 29). Venmo Rewards is now offering 5 percent cash back at Target, Sephora, Chevron and Papa Johns, and 4 percent cash back at Dunkin’, Sam’s Club and more for a limited time.

article thumbnail

Why Mobile Order-Ahead Is A Sure Bet For Most QSRs

PYMNTS

If Q3 2019 quick-service restaurant (QSR) earnings are any indication, restaurants’ rush to digital and mobile ordering is benefiting many — but not all — restaurants. What’s the latest news in the quick-service world? Dunkin’ just announced the addition of on-the-go mobile guest ordering. The new feature allows any customer — not just Perks members — to place a mobile order via the Dunkin’ app.

Sales 54
article thumbnail

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.

article thumbnail

Western Union Rolls Out Full API Access For International Payments

PYMNTS

Cross-border payments firm Western Union has rolled out full application programming interface (API) access to domestic and global payment applications, the company said in a press release on Monday (Oct. 28). This new set of APIs offers users a way to “integrate their financial institutions, accounting and enterprise resource planning ( ERP ) systems and their account on GlobalPay,” according to the release.

article thumbnail

Uber Money Wants To Be The Bank Account For Uber Drivers

PYMNTS

During the Middle Ages, payday was a yearly event wherein the local landlords and their peasant workers settled up for the previous year’s work and drew up terms for the next year. As industrialization displaced feudalism, pay cycles evolved to monthly. The modern era ushered in the notion of a weekly or bi-weekly pay cycle, which remains the norm for most U.S. workers today.

article thumbnail

Accounts Payable AI Company Stampli Raises $25M

PYMNTS

The artificial intelligence-based accounts payable company Stampli has raised $25 million in a Series B funding round, the company announced Wednesday (Oct. 30). The round was led by SignalFire, and Hillsven Capital, Bloomberg Beta and NextWorld Capital participated in the round. So far, the company has raised $32 million. The money will be used for expansion and the creation of new products.

article thumbnail

DoorDash Acquires Square’s Caviar In $410M Deal

PYMNTS

Payments company Square has announced the completion of a deal to sell food delivery service Caviar to rival delivery company DoorDash, according to a release. The sale was completed on Thursday (Oct. 31), for a combination of DoorDash stock and cash worth $410 million. Square will include Caviar in its financial results through the month of October, but not after the sale.

Sales 48
article thumbnail

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.

article thumbnail

Visa, Marqeta Team To Boost FinTech Expansion Across Asia Pacific

PYMNTS

The drive to become a “borderless business” has its challenges. Many of them are technical in nature, as firms — especially FinTech firms and traditional financial institutions (FIs) that want to bring digital payments to new markets — must navigate new relationships with multiple payment processors on a market-by-market basis to gain that acceptance.

article thumbnail

Doing Business 2020

Future CFO

This report compares business regulations in 190 economies. Download The post Doing Business 2020 appeared first on FutureCFO.

Banking 52
article thumbnail

Communism For The Digital Age, Via Blockchain

PYMNTS

Workers of the world, unite. You have nothing to lose but your blockchains. Marx makes his mark, then, in the digital age. News came this week that, as reported via CoinDesk, in China there’s a new app, tied to blockchain, that lets Communist party members attest their party loyalty. In a decentralized and immutable fashion, of course. The Communist Party of China (CPC) debuted the app, which the report said translates to “Original Intentions Onchain.

article thumbnail

Apple Embraces Paying On Installment

PYMNTS

iPhone growth continues to look sluggish, but Apple’s earnings report was a mostly story about growth once one got away from the figures on the firm’s flagship product. Particular areas of strength were Apple wearables and the services business line. On the whole, Q4 was a strong enough showing that investors were satisfied and Apple stock price was up slightly in after-hours trading.

Sales 46
article thumbnail

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.

article thumbnail

Visa: How Mass Transit Is Driving Contactless Payments’ Global Future

PYMNTS

Seven years ago, when Visa first started working on bringing contactless payments to London’s Mass Transit system, the landscape for tap and go cards looked very different. The technology, Visa’s Global Head of Urban Mobility Nick Mackie told Karen Webster in a recent conversation, was still in its most nascent stages of deployment — outside of Europe the contactless cards essentially didn’t exist, and within Europe 1 out of every 400 payments in Europe made via contactless.

article thumbnail

Google Announces $2.1B Deal For Fitbit Acquisition

PYMNTS

Google has reached a definitive agreement to acquire wearables brand Fitbit, Google said in a press release on Friday (Nov. 1). Google is paying $7.35 per share in cash for Fitbit, valuing the company at about $2.1 billion, various news outlets reported. “Over the years, Google has made progress with partners in this space with Wear OS and Google Fit, but we see an opportunity to invest even more in Wear OS as well as introduce Made by Google wearable devices into the market,” Google’s Senior Vi

article thumbnail

Scratchpay: Teaching An Old Veterinary Industry New Payments Tricks

PYMNTS

While money cannot buy love, it can be a relatively good measure of love in some cases — particularly when looking at consumer spending. When vast sums are being expended in an area, odds are usually good that represents something someone loves — or minimally, something they feel incredibly strongly about. And by this measure, Americans love their pets.

Finance 45
article thumbnail

Trending: The Rise Of Instant Payments In Lending

PYMNTS

More consumers want faster disbursements through digital channels for more complex financial transactions, and they want that functionality available now. Merchants and disbursements providers need to innovate quickly to stand up against their competitors, many of which are smaller FinTechs or startups that can capitalize on the host of customers that near-exclusively transact and receive money through digital and mobile devices.

article thumbnail

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

article thumbnail

Small Business Mobile Banking On The Rise, Survey Finds

PYMNTS

A new survey from J.D. Power suggests small businesses have begun to embrace mobile banking and are satisfied with the service. Released on Thursday (Oct. 31), the J.D. Power 2019 U.S. Small Business Banking Satisfaction Survey found an 8 percent year-over-year increase in the percentage of small businesses that use their bank’s mobile banking app (61 percent in 2019, compared to 53 percent in 2018).

Banking 44
article thumbnail

Waymo Gains Speed With Self-Driving Taxis And Deliveries

PYMNTS

The self-driving future is not exactly here yet, but it’s coming quickly, at least based on some of the most recent moves in this space – a space that will impact payments and commerce much more as time goes on. The latest news comes from Waymo, a Google sibling owned by Alphabet. According to a report from Reuters , Waymo has “begun offering fully automated rides, without attendants in the vehicle, to a few hundred early users of its robotaxi service in Phoenix.

article thumbnail

Walmart’s Daniel Eckert On Why TailFin Is Retail’s Next Big Thing

PYMNTS

Worlds are colliding when it comes to payments and commerce. One of the most recent examples of that movement comes from Walmart , the venerable retail chain locked in mortal combat with Amazon, and Green Dot, the 20-year-old payment services provider that has managed to not only survive in a cutthroat industry, but innovate and thrive. The two companies already have a payments partnership, one that involves Walmart MoneyCard program and which launched in 2006.

Retail 44
article thumbnail

Mastercard Connects SMB Cardholders To Microsoft Tech

PYMNTS

Mastercard is expanding its offering to small business cardholders in collaboration with Microsoft. In an announcement on Monday (Oct. 28), Mastercard said its small business cardholders will now gain access to a range of Mastercard enterprise solutions. For users of Mastercard Business and Mastercard Business World Elite products, Mastercard will connect U.S. small business clients to Microsoft 365 and Microsoft Advertising. “We’re committed to delivering a solid foundation of benef

article thumbnail

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.