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

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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
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How to Read Financial News Redux: The Complete Series

CFA Institute

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

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Trending Sources

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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.

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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
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The Human Side of Finance: The Intersectionality of People, Culture, Adaptability, and Resilience

Speaker: Melissa Hurrington

Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.

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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

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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
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Morningstar: China’s Q3 GDP only grew 3% instead of 6%

Future CFO

While there’s skeptism toward China’s reported economic growth numbers, Morningstar said in a recent report that the country’s Q3 GDP growth was a mere 3% instead of the officially announced 6%. The primary reason for the country’s slowdown in Q3 was a collapse in internal consumer demand, according to the report. Even with higher tariffs imposed by the US, trade hasn’t been a major headwind for the country’s economy, the report notes.

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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.

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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
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Maximizing Profit and Productivity: The New Era of AI-Powered Accounting

Speaker: Yohan Lobo

In the accounting world, staying ahead means embracing the tools that allow you to work smarter, not harder. Outdated processes and disconnected systems can hold your organization back, but the right technologies can help you streamline operations, boost productivity, and improve client delivery. Dive into the strategies and innovations transforming accounting practices.

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Australian Water Entitlements: A Unique Alternative Asset Class

CFA Institute

Australia’s water markets form an intriguing investment case study.

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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
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“Aim Higher”: Bonnie St. John’s Keys to Career Success

CFA Institute

“Do you have a sponsor who's willing to bet on you?” Olympic medalist Bonnie St. John asks.

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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.

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Smarter Card Solutions: Meeting the Challenges of Mid-Market Travel & Expense

Our 2025 Center Travel Survey is clear: as corporate travel increases, so does corporate credit cards distribution, and a rise in off-platform travel booking. This 61% rise causes various challenges: compliance, spend control, reporting problems, and a lack of visibility across organizations. To evolve with the ever-changing needs of travelers, decision-makers need a better solution.

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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.

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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.

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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
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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.

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Bringing AI to Finance: How to Leverage Technology for Efficiency and Control

Finance teams are balancing more than ever, but manual processes shouldn’t slow you down. In this ebook from BILL, discover how AI is transforming finance—automating AP, expense tracking, and document management to reduce errors, increase efficiency, and improve financial control. Learn how real companies are using AI-powered automation to streamline workflows, detect anomalies, and gain deeper insights.

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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.

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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
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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.

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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

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Say ‘Goodbye’ to Clunky Spreadsheets and Say ‘Hello’ to Month-End Automation

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, emails, and shared drives no longer need to slow you down. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

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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
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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.

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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
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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.

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Outsourcing Vs. In-House: The Ultimate Battle For Better Collections

Speaker: Susan Richards

Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.