Sat.Aug 08, 2020 - Fri.Aug 14, 2020

article thumbnail

Google Almost Done With Transition To SAP Ariba Network

PYMNTS

Google’s transition to SAP Ariba ‘s cloud-based services has a completion date set for Aug. 24 after multiple waves that began last October, according to a press release. The final wave concerns the Asia Pacific region. Last October, U.S. suppliers were switched over, and in May of this year, the rest of North America, Latin America, Europe, the Middle East, and Africa made the jump, the release says.

SAP 144
article thumbnail

How to align your sales planning so you can accelerate recovery

Anaplan

This is the second post in a three-part series following our recent webinar series with Slalom Consulting, entitled.

Sales 59
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

Book Review: Achieving Investment Excellence

CFA Institute

Achieving Investment Excellence is a comprehensive guide to the roles and responsibilities for trustees and board members.

article thumbnail

Regent Assay advises InfoFlex, the digital health software specialist, on its acquisition by Civica

Regent Assay

UK based healthcare software specialist Chameleon Information Management Services Limited and its subsidiary, Flex Software Limited, trading as InfoFlex has been acquired by Civica UK Limited , the wholly owned subsidiary of Civica, a global leader in software for public services. With over 25 years’ experience in the healthcare sector, InfoFlex provides a market-leading cloud enabled application with trust-wide and cross-organisation capabilities.

article thumbnail

Automation, Evolved: Your New Playbook For Smarter Knowledge Work

Speaker: Frank Taliano

Document-heavy workflows slow down productivity, bury institutional knowledge, and drain resources. But with the right AI implementation, these inefficiencies become opportunities for transformation. So how do you identify where to start and how to succeed? Learn how to develop a clear, practical roadmap for leveraging AI to streamline processes, automate knowledge work, and unlock real operational gains.

article thumbnail

Waze Introduces Contactless Payments At ExxonMobil, Shell Stations

PYMNTS

Waze, the popular GPS navigation app owned by Google, has introduced contactless payments for ExxonMobil and Shell card holders in the U.S. When drivers pull into participating stations, they will see a notification on Waze prompting their Android or iOS device to securely pay through each company’s app. “Waze is committed to continuing to help businesses leverage innovative technology to adapt, evolve, and engage with customers,” said Andrew Kandel, Waze U.S. country manager, in a statement.

Leverage 138

More Trending

article thumbnail

Negative Interest Rates: Accentuate the Positive

CFA Institute

Negative interest rates may offer an opportunity, says Eric Lonergan.

article thumbnail

Moody's Asian Liquidity Stress Indicator slips from all-time high

Future CFO

Moody's Investors Service said that its Asian Liquidity Stress Indicator (ALSI) decreased to 38.1% in July from 39.7% in June, primarily reflecting improving liquidity at three companies and the addition of a fallen angel into its high-yield mix. The ALSI measures the percentage of high-yield companies with Moody's weakest speculative-grade liquidity score of SGL-4 as a proportion of high-yield corporate family ratings The indicator increases when speculative-grade liquidity deteriorates., accor

40
article thumbnail

The Clearing House On The Race for Real-Time Payments In The US

PYMNTS

Real time is getting ever closer to prime time. But it might not be the Federal Reserve ’s doing. You’d be forgiven for thinking that faster payments might be the purview of the U.S. Federal Reserve, where details (a roadmap, really) of FedNow , the proposed instant payment system, were released earlier this month. But with a 2023-24 timeframe to implementation, the Fed’s efforts will take a while to cross the Rubicon from concept to reality.

Banking 138
article thumbnail

Why FIs Are Taking Payments Multi-Cloud

PYMNTS

With back-end digitization no longer an option for the financial services sector, adoption of cloud infrastructure is a vital — yet often painful — process for financial institutions (FIs), FinTechs and other organizations. The biggest friction points are often traced back to the sheer size of the project. Migrating apps and data from on-premise systems into the cloud can seem an overwhelming task, and indeed, there are many pitfalls and mistakes organizations can make in the process.

article thumbnail

Data Talks, CFOs Listen: Why Analytics Is The Key To Better Spend Management

Speaker: Claire Grosjean

Finance teams are drowning in data—but is it actually helping them spend smarter? Without the right approach, excess spending, inefficiencies, and missed opportunities continue to drain profitability. While analytics offers powerful insights, financial intelligence requires more than just numbers—it takes the right blend of automation, strategy, and human expertise.

article thumbnail

To Compete Or To Collaborate: FinTechs And Banks

PYMNTS

The relationship between traditional banks and the slate of FinTechs that have arisen over the past decade hasn’t always been one of enthusiastic cooperation. Big banks tended to view FinTechs and their offerings with suspicion — meaning that in the early days, startups often had to beg banks for access to the infrastructure to build it out better. Although it wasn’t easy for either side, the landscape has begun to change, Payoneer ’s General Manager Eyal Moldovan told PYMNTS in a recent convers

Banking 132
article thumbnail

American Express Launches New Credit Score Management Tool

PYMNTS

If you are interested in not just tracking your credit score, but finding ways to boost it, American Express may have the product for you. On Tuesday (Aug. 11), Amex launched Score Goals , an online platform that augments and expands the card company’s established credit score tool, MyCredit Guide. The new offering, which is available to consumers whether or not they are American Express cardholders, “includes a range of information and tools to help them understand their credit score better and

article thumbnail

China’s P2P Lending Crackdown Leaves $115B In Losses

PYMNTS

China’s peer-to-peer (P2P) lending sector, once 6,000 businesses strong, has been reduced to fewer than three dozen as the government tightened regulations, leaving billions in loans unpaid. Now, Guo Shuqing, chairman of the China Banking Regulatory Commission, the nation’s top banking regulator, said investors have been saddled with more than 800 billion yuan ($115 billion) in debt from the failed platforms, Bloomberg News reported.

Auditing 126
article thumbnail

Bessemer Venture Partners’ Birnbaum On Why It’s Go-Time For FinTech

PYMNTS

There’s been no shortage of big payments and FinTech announcements over the past few days, such as Apple ’s bundle bet, Goldman Sachs ’ move to bid on the General Motors credit card or Square ’s decision to test small-dollar, short-term loans. Meanwhile, not-quite-household names (yet) like Blend are quietly snapping up big investor dollars and impressive valuations to push laggard industries into the digital commerce ecosystem.

Valuation 120
article thumbnail

What Your Financial Statements Are Telling You—And How to Listen!

Speaker: David Worrell, CFO, Author & Speaker

Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.

article thumbnail

How Treasurers Are Guiding Firms Through The eCommerce Revolution

PYMNTS

The eCommerce landscape is shifting on multiple fronts, with sellers embracing digital channels and adjusting their business models to a new reality of customer demands. Disruption is hitting both the B2C and B2B arenas, and while it would seem they are two opposite ends of the spectrum, these ecosystems share commonalities in the kinds of trends that force sellers to modernize their market strategies.

eCommerce 118
article thumbnail

EMV 3DS: Closing the Card Present/Card Not Present Auth Rates Gap

PYMNTS

Selling an EMV 3DS (also referred to as 3DS 2.0) product to merchants hasn’t always been smooth sailing. When PAAY , a software-as-a-service company that protects merchants from fraud and increases authorization rates first started offering EMV 3DS, it had to do a lot in educating potential clients in the face of many saying: “We don’t want to hear about this.

eCommerce 117
article thumbnail

Move Over, FedEx: Amazon Vaults Ahead In Delivery Race

PYMNTS

Amazon ’s epic push to deliver its own packages and cut out third parties like FedEx is picking up speed during the pandemic, with a dramatic year-over-year gain in July. As of July, Amazon was shipping 66 percent of its own packages, up from 55 percent last July, according to CNBC’s Squawk Box , citing stats from ShipMatrix. The world’s largest retailer has managed this feat even as the volume of packages ordered and shipped through Amazon has exploded amid the pandemic, with volume up 46 perce

Startups 114
article thumbnail

Fed Exploring ‘Hypothetical’ Digital Currency

PYMNTS

Digital dollars on the horizon? Maybe – but first comes a focus on policy. A week after details of the Federal Reserve’s instant payment initiative emerged, news came via Bloomberg that the central bank is working with the Massachusetts Institute of Technology (MIT) to explore the possibility of issuing digital currency. In a speech delivered by webcast at the Federal Reserve Board and Federal Reserve Bank of San Francisco’s Innovation Office Hours, Fed Governor Lael Brainard said that t

article thumbnail

Forecasting Failures Are Costly: Heres How To Fix Them

Speaker: Dave Sackett

Traditional budgeting and forecasting methods can no longer keep pace with today’s rapidly evolving business environment. Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty. To stay ahead, finance leaders must leverage a future-forward approach—one that leverages real-time data, predictive analytics, and continuous planning to drive smarter financial decisions.

article thumbnail

Airbnb Suffers Record Losses In Q2, IPO Still Planned

PYMNTS

Airbnb Inc. took a record hit in revenues in the second quarter (Q2) and its losses continued to mount as global travel was restricted to prevent the spread of COVID-19. Sources told Bloomberg News in advance of the release of Q2 earnings that the San Francisco-based online vacation rental marketplace’s revenue fell to $335 million in the period ending June 30.

Planning 111
article thumbnail

Mercari US CEO: Modernizing Marketplaces For The Casual Seller

PYMNTS

If America ever needed a digital estate sale — or even a garage sale, for that matter — it’s right now. Tens of millions of financially strapped or suddenly unemployed people are seeing rent and bill payments locked in the form of gifts and purchases they’re ready to part with. What they need is an online auction marketplace. Plenty of those around.

Sales 111
article thumbnail

Driving Retail’s Rebound With A Human Capital Revamp

PYMNTS

Retail has been among the sectors most dramatically impacted by the pandemic, though it’s impossible to paint the industry with a broad brush. With widespread furloughs and a growing wave of bankruptcies , many retailers were hit hard. Others were caught up in an unexpected boom, though that doesn’t mean they’ve evaded the volatility of the pandemic.

Retail 111
article thumbnail

Visa: Forging A ‘Network Of Networks’ To Modernize B2B Payments

PYMNTS

From a lack of supplier acceptance of electronic payments to outdated infrastructure within accounts payable (AP) departments, the B2B payments ecosystem still has much room for improvement on multiple fronts. Moving the needle in the journey away from paper checks isn’t a one-sided battle, either. Indeed, solving some of the biggest AP challenges increasingly requires aa strategic focus not just on the payer, but on the supplier accepting that transaction.

B2B 110
article thumbnail

Are Robots Replacing You? Keeping Humans in the Loop in Automated Environments

Speaker: Erroll Amacker

As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R

article thumbnail

The Great Digital Shift, BigCommerce – And The Lure Of (eCommerce) IPOs

PYMNTS

To gain riches – go public or stay private and sell to a high bidder? In a stock market that seems to continuously flirt with new highs, the answer seems to be: Aim for the IPO. To that end, as reported earlier this week, BigCommerce , the software as a service (SaaS) firm that focuses on eCommerce, went public, surging more than 200 percent on its first day of trading.

eCommerce 110
article thumbnail

CA AG Says Uber, Lyft’s Tradeoff Between Flexibility And Benefits A ‘False Choice’

PYMNTS

The California judge who ruled that Uber and Lyft have to classify their workers as employees reportedly “saw straight through” the “bogus argument” that the companies’ workers like being classified as independent contractors instead. CNBC reported that California Attorney General Xavier Becerra , speaking on the “Squawk Alley” program on Tuesday (Aug. 11), agreed with the judge’s decision, which mandated that Uber and Lyft had to reclassify their workers as e

Planning 110
article thumbnail

Mastercard Partners With Pollinate To Help Banks Serving SMBs

PYMNTS

To provide banks serving small- to medium-sized businesses ( SMBs ) throughout the globe with the newest technology and insights, Mastercard and Pollinate have agreed to a strategic partnership. The collaboration comes after Mastercard’s investment in the company last year, according to a Friday (Aug. 14) announcement. “Our work with Pollinate and the wider issuer and acquirer solutions ecosystem supports our collective goal to offer digital payment solutions for small- and medium-size businesse

Banking 109
article thumbnail

Citi Wants Revlon Lenders To Return $900M Paid In Error

PYMNTS

Citigroup Inc. paid nearly $900 million by mistake to Revlon Inc. lenders due to a clerical error and wants its money back, Bloomberg News reported. While some of Revlon’s lenders returned the cash, others are refusing to return the money to Citi after they received funds from the bank equal to the amount of a Revlon loan plus interest, sources told the news service.

article thumbnail

Book of Secrets on the Month-End Close

Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.