Sat.Feb 29, 2020 - Fri.Mar 06, 2020

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World Health Organization Cautions Against Cash Usage

PYMNTS

The World Health Organization (WHO) is advising people to not use paper tender and to use as many cashless options as possible to help contain the spread of the coronavirus, according to reports. Officials with WHO say that while cash isn’t more or less likely to spread the disease, it can carry the virus just like door handles and hand railings, and can spread it on contact.

Banking 137
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Top Business Expansion Strategies for Entrepreneurs

The CFO Centre

If you want to grow your business, you’ll need to use key business expansion strategies, preferably one that involves the least amount of risk and effort. Depending on the demand for your products and services, your competition, the size of your market and market conditions, you could use one of the following growth strategies to […] The post Top Business Expansion Strategies for Entrepreneurs appeared first on The CFO Centre US.

CFO 52
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Preventing institutional payments fraud

Future CFO

In this ebook, you'll find basic defences, counter measures, and best practices for preventing payments fraud. Download The post Preventing institutional payments fraud appeared first on FutureCFO.

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Hiring For Your Business

Adam Kae

Congratulations! If you’re reading this, your company is growing and you’re thinking of hiring some help. That help can come in many forms including someone to run operations while you focus on long-term growth, someone to take care of your books, or someone to run your marketing programs. There is so much to be done (as we’re sure you know) so you want to make sure you hire candidates who are right for the job and fit in with your company culture.

CFO 52
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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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Taking Real-Time Payment Rails To The Tipping Point

PYMNTS

Real-time payments are imperative for running successful operations in today’s global ecosystem. Digital payments sent internationally are expected to move past $1 trillion in 2025, but getting to that point will require support from payment providers, regulators and other such firms still building out the necessary infrastructure. Many of these providers are particularly competing for small- to medium-sized businesses (SMBs) to join their faster payments network over another, which can be trick

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Global economic crime rates remain high as customer fraud keeps rising

Future CFO

Fraud committed by customers tops the list of all crimes experienced (at 35%), up from 29% in 2018, according to PwC's bi-annual survey of business crime. The Global Economic Crime and Fraud Survey examines more than 5000 responses from 99 countries, reporting on the overall insights from companies who have experienced on average six incidents over the last two years, said PwC.

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Paved with Good Intentions: Alternative Investment Reporting Challenges

CFA Institute

“How’d this investment do last quarter?" In the world of alternative investments, getting a simple answer can be strangely difficult.

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How The Digital World Will Soften The Blow Of The Coronavirus

PYMNTS

Sixty-seven years ago this month, Jonas Salk announced that he had successfully tested a vaccine for polio. Many in the U.S. breathed a huge sigh of relief. In 1952, polio was an epidemic that gripped the country, affecting 58,000 people that year, with 3,000 deaths, many of them children. The summer season was when this highly infectious disease kicked into high gear.

Education 112
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What Every Human Resources and FP&A Department Can Do To Strengthen Their Working Relationship

Planful

Melissa Dreuth, Senior Vice President of People and Culture at Planful, talks to her counterparts in the Finance team every day… and looks forward to it. . “Human Resources – also referred to as People Operations – tends to either love or hate the Finance department. Personally, I absolutely love my Finance colleagues.”. And while the Planful HR team might have an unfair advantage by virtue of working at a financial planning software provider, Dreuth has several thoughts on how to im

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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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How CFOs mitigate the risk of payments fraud

Future CFO

In this ebook, How CFOs Can Mitigate the Risk of Payments Fraud , the Hackett Group reveals the best practices to alleviate the potential impact that fraud could have to their bottom-line and investor confidence, including identified approaches to minimize the risk of fraud. Accessing FutureCFO Premium Content. Welcome! To access Premium content and more, please login below.

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Five Tips for Business Success from Five International Women in Finance

CFA Institute

What advice do the top women in finance have for those trying to make their way in the sector?

Finance 52
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T-Mobile Hacked, User Data Stolen

PYMNTS

Telecom giant T-Mobile suffered a data breach that exposed the personal information of employees and customers to unknown hackers, according to reports. “We want to let you know about a sophisticated attack that we recently identified and quickly shut down, which may have impacted some of your account information,” T-Mobile said in a notice. The company said there was an attack through email that let in some malicious actors.

Numbers 105
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How Data Guides A New Era For The ERP

PYMNTS

The enterprise resource planning ( ERP ) system has been a staple of corporate finance operations for years, acting as a central repository of data and a hub to initiate a range of processes, from accounting to procurement. But the ERP of today doesn’t look like it used to. Enterprise cloud migrations have opened up the ability for smaller businesses to adopt ERP technology once reserved for the largest corporates.

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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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Millennial-Focused Digital Bank Empower Finance Raises $20M

PYMNTS

San Francisco-based Empower Finance, a mobile banking app aimed at helping millennials save wealth, has raised $20 million in a Series A funding round led by Defy Ventures and Icon Ventures, according to a report. The Founder and CEO of Nubank David Velez also participated in the funding round. The company, which was founded in 2017, is run by a former Sequoia Capital partner named Warren Hogarth.

Finance 100
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How FinTech Keeps Banks Focused On Customer Experience With AP Automation

PYMNTS

FinTechs are helping banks focus on the customer experience through accounts payable (AP) automation. AvidXchange Senior Vice President of Financial Services Boyce Adams Jr. told PYMNTS in an interview that banks foundationally value “the relationship they have with the customer” and “they understand the customer.” These financial institutions are providing lines of credit, and he says it’s the company’s job as a leader in FinTech to provide banks with the products and solutions that are going

Banking 100
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Ripple Powers X-Border Corporate Payments For UAE Bank

PYMNTS

As part of a broader effort to bring the newest innovations to its operations, the National Bank of Fujairah PJSC (NBF) has teamed with blockchain firm Ripple to enable cross-border payments via the RippleNet platform. Clients of the bank will now have the ability to make secure, real-time payments with clear tracking of transactions from beginning to end, according to an announcement.

Banking 100
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NJ Legislators Propose Tighter Data Privacy Regulations

PYMNTS

Lawmakers in New Jersey are proposing a bill to solidify data privacy guidelines and inflict tougher limits on the tech industry, The Wall Street Journal reported on Monday (March 2). The bill mandates that tech firms get authorization from New Jersey consumers before collecting and selling information to third parties. The legislation would affect tech companies such as Alphabet ’s Google and Facebook.

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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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Bitcoin Daily: US House Hearing To Look At SMB Blockchain Benefits

PYMNTS

The U.S. House of Representatives Committee on Small Businesses is going to hold a hearing on the benefits of blockchain technology for entrepreneurs. The hearing is set for Wednesday, March 4 at 11:30 a.m. ET, and will be called “Building Blocks of Change: The Benefits of Blockchain Technology for Small Businesses.”. The hearing will explore the ways small business entrepreneurs have used blockchain to boost productivity and increase security.

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Zycus Expands Procure-To-Pay Automation With AI

PYMNTS

Zycus , which provides a comprehensive, end-to-end source-to-pay software suite in which it uses artificial intelligence (AI) technology, now has a new series of BOTs from its Zycus Merlin AI Suite, according to a press release. The BOTs will allow procurement and accounts payable (AP) teams to automate tasks considered mundane or repetitive. One of the tasks that will be able to be automated is invoice intake, in which key data will be automatically extracted.

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HSBC On The Next Phase Of Treasury APIs

PYMNTS

Business to business (B2B) application programming interfaces (APIs) are helping smooth the flow of data between companies, including businesses and their financial services software as well as between banks and their corporate clients. The value of the technology is evidenced by the vast number of APIs that businesses use and consume. Companies each made an average of 363 APIs available publicly in 2018, for example.

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China Uses Alipay To Deploy Color-Coded Health Rating App

PYMNTS

Tech giants in China are deploying a color-coded health rating system to help officials track the millions of people returning to work in the wake of the fast-spreading coronavirus outbreak, The New York Times (NYT) reported on Sunday (March 1). The government of Hangzhou collaborated with Alibaba and Ant Financial to create a smartphone app feature called the Alipay Health Code that segments people into three categories — green, yellow or red — based on their medical conditions and travel hist

Numbers 95
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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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eCommerce May Save Fashion Week Events In 2020

PYMNTS

The business of fashion shows is struggling this week, but fashion retailing is not. Already eCommerce figured to play a major part in the various fashion weeks across the globe this week and next due to new technology and a willingness for designers to make their clothing more accessible. But now eCommerce will get a star turn rather than a supporting role.

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UK Moves Closer To Big Four Accountancy Breakup

PYMNTS

The Financial Reporting Council (FRC), the U.K.’s audit regulator, announced plans this week to break up the dominance of the largest four accounting firms, Deloitte, EY, KPMG and PwC , according to the Financial Times. The regulator issued letters to those firms, known as the Big Four, Thursday. The plans, if put forth, would constitute a huge shake-up for the accounting industry in the U.K., and would essentially ask for the firms’ audit and consulting operations to be separated.

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Target To Roll Out Boar’s Head Products In Its Stores

PYMNTS

Target Corp. is bringing Boar’s Head brand cheeses and meats to its brick-and-mortar stores. The retailer is adding 50 to 200 products from the brand to up to 200 locations in 2020, with offerings to include provolone cheese slices and maple-glazed turkey breast, Bloomberg reported. Boar’s Head, which is now based in Florida, was established by Frank Brunckhorst in 1905.

Retail 90
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DATA: How FI’s Innovation Gap Is Big Tech’s Big Opportunity

PYMNTS

If we had to pick a favorite highly quoted Jeff Bezos aphorism, “your margin is my opportunity” would almost certainly be a contender for the top spot. The “almost “is simply because it is not clear that it is even a legitimate quote. Like many famously quotable people, a lot of things are attributed to Amazon’s founder and CEO that he may not have ever actually said.

Banking 88
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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.