PYMNTS
OCTOBER 5, 2018
One of the new realities of augmented reality is this: the technology is attracting more investment from China than from sources in North America. This trend happens as activity around AR heats up, with major players in the digital economy apparently positioning themselves to profit as the retail-friendly tech move every closer to mainstream popularity.
Anaplan
OCTOBER 3, 2018
Among the many sales-related events I attend each year, Dreamforce is easily one of my favorites. What’s not to love?
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Creative CFP
OCTOBER 2, 2018
Method 2 - The monthly manufacturing process (no finished goods are represented in inventory) The basic idea behind this approach is to buy in raw materials, and track the quantity and value of those raw materials. Then when you sell a finished good perform an extra step to reduce the raw materials used in that sale to create the correct cost of sale.
PYMNTS
OCTOBER 3, 2018
Crypto research site Diar claims that startups in the digital currency and blockchain space have notched roughly $3.9 billion in funding via venture capital (VC) investments, CoinDesk reported. The figure, which represents investments over the first, second and third quarters, marks a 280 percent jump from all of last year. In addition, the report noted that the average size of investments in the blockchain and crypto space rose by $1 million this year.
Speaker: Ashley Harlan, MBA
What if your role as a fractional CFO went beyond operational support to actively shaping the future of your clients’ businesses? 💼 ✨ In this session, discover how fractional finance professionals can position themselves as architects of growth, guiding their clients toward sustainable success and preparing them for full-time financial leadership.
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PYMNTS
OCTOBER 5, 2018
5G is coming. Now if we can just figure out what it’s good for. That’s a little bit unfair, but it does reflect some of the talk around the mobile connectivity standard. What types of business will it support? What will emerge as the “killer use case” for payments and commerce? As one observer put it: “The fifth generation of connectivity, pithily called 5G, will be ready for prime time later this year.
Corporate Finance Brief brings together the best content for corporate finance professionals from the widest variety of industry thought leaders.
PYMNTS
OCTOBER 5, 2018
An Amazon of banking? That’s the description — perhaps clichéd but still apt — applied to FinTech firm Curve , which is on the hunt for $50 million in fresh capital, according to recent comments made by CEO Shachar Bialick to CNBC. The Amazon comparison came from Bialick, who also said that the three-year-old firm is looking to become more of a platform for services from various providers, explaining why it has not applied for a banking license.
PYMNTS
SEPTEMBER 30, 2018
Ripple , the blockchain startup, is heading up a new cryptocurrency lobbying group called Securing America’s Internet of Value Coalition. Coindesk , citing a Business Standard report late last week, reported the companies behind the lobbying group also include the RippleWorks Foundation ; Coil , a company developing a solution for digital payments; Hard Yaka , an investment firm focusing on digital assets; and PolySign , a company seeking to be a crypto custodian.
PYMNTS
OCTOBER 1, 2018
Ripple, the cross-border payments company and backer of the XRP digital token, said Monday (Oct. 1) that xRapid, its cross-border payments platform, is commercially available with three firms signing on as clients. According to a report in Reuters , citing the companies, the three clients that are using xRapid at the launch are Cuallix, Mercury FX and Catalyst Corporate Federal Credit Union. xRapid uses XRP to make faster cross-border payments.
PYMNTS
OCTOBER 2, 2018
What would one say about a computer geek who said he could protect their online identity , and while doing do would make a bold move against the likes of Facebook and Google ? What would one say if that person happened to be the inventor of the World Wide Web? As consumers become more cautious — cynical? — about online privacy and data storage, Tim Berners-Lee has a plan to “decentralize the web and take back power from the forces that have profited from centralizing it,” according to a report.
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PYMNTS
OCTOBER 1, 2018
Driverless vehicles are coming to the U.K. in the next three to four years, the country’s Transport Secretary Chris Grayling said on Monday (Oct. 1). According to a report in Reuters , citing comments made at the Conservative Party conference in Birmingham, Grayling said that even though there will be truly driverless cars on U.K. streets within that time frame, there will still be a need for diesel cars for many years to come.
PYMNTS
SEPTEMBER 30, 2018
Sources have reported that some large U.S. banks have seen a boost in attempted cyberattacks in recent weeks. According to the Wall Street Journal , the news comes at a time when the government is increasing its warnings to financial institutions about bank cybersecurity and possible cyberthreats, asking banks such as Bank of America , Citigroup, JPMorgan Chase, and Wells Fargo to closely monitor traffic from hackers who might be looking for weaknesses in their bank security networks.
PYMNTS
OCTOBER 1, 2018
In the age of blockchain, all manner of physical assets are making the leap to bits and bytes. Blockchain can track transactions of all sorts and create a connected record — and that blockchain is rapidly cleaving from the cryptocurrency clamor to which it was once inextricably linked. When it comes to supply chains, proponents say blockchain — specifically, distributed ledger technology (DLT) — holds promise.
PYMNTS
OCTOBER 1, 2018
A new survey from Bank of America shines a spotlight on the increasing concerns — and increasing costs — of data breaches. The financial institution released the results of its Small Business Payments Spotlight survey last week, which surveyed more than 500 small business owners and 500 consumers in the U.S. According to the bank, 22 percent of consumers who have already had their personal or bank information stolen by a data breach said they would not shop at a small business that had fallen v
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
PYMNTS
SEPTEMBER 30, 2018
Facebook could get hit with a massive EU fine by a European Union privacy watchdog after the company announced on Friday (Sept 28) it had suffered a Facebook data breach that compromised the accounts of more than 50 million users. Ireland’s Data Protection Commission, which is Facebook’s lead privacy regulator in Europe, has requested more information from the company about the breach, including which EU residents might be affected.
PYMNTS
OCTOBER 2, 2018
The manipulation of cryptocurrencies is getting attention from regulators who have been warning that these digital tokens, and the exchanges they are traded on, could be vulnerable to price manipulation. The Wall Street Journal , citing the New York Attorney General Barbara D. Underwood, reported in September that the AG issued a report warning about the potential for the prices to be manipulated.
PYMNTS
OCTOBER 1, 2018
As financial institutions (FIs) invest in technology in an effort to position themselves more competitively against FinTech firms, the development of so-called chat bots and “robo advisors” has accelerated. Projects from Wells Fargo , JPMorgan Chase and RBS have all surfaced in recent years, as FIs deploy artificial intelligence (AI) solutions that both meet their customers’ needs for digitized services and save those financial service providers money at the same time.
PYMNTS
OCTOBER 3, 2018
Coinbase , the cryptocurrency exchange operator, is nearing a deal that would give it a valuation of around $8 billion, reported Recode. The report, citing people familiar with the matter, reported that Coinbase is in discussions with Tiger Global and existing shareholders for an investment as high as $500 million. Some of the investment will be used to buy out some of its existing shareholders.
Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System
Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, 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.
PYMNTS
SEPTEMBER 30, 2018
Fidelity Investments , the Boston-based fund company, is becoming a leader in blockchain technology, investing billions of dollars on that and other cutting-edge technologies. According to a report in CNBC citing Fidelity, billions of dollars are going toward Fidelity blockchain, Fidelity AI and Fidelity VR. Executives told CNBC Fidelity wants to be considered an Nvidia alternative, not compared to the likes of Charles Schwab, and thus the technology push.
PYMNTS
OCTOBER 3, 2018
For most people, absently swiping through an Instagram feed, or flipping a light switch, or going to a doctor’s office don’t register as important events. But for people with mobility issues, visual impairments or a host of medical concerns, those activities aren’t always simple, and can actually form huge quality of life roadblocks. For those customers, the advent of voice-controlled navigation aided by AI-powered voice assistants is about a lot more than adding convenience or fighting ir
PYMNTS
OCTOBER 1, 2018
Challenger bank Tide wants the U.K. to allow eMoney non-bank institutions to be able to compete for Royal Bank of Scotland (RBS) bail out funds , according to reports. The Daily Telegraph reported Sunday (Sept. 30) that digital and financial service startups claim they are unfairly kept out of competition for the $1 billion made available by the government via a deal with RBS.
PYMNTS
OCTOBER 2, 2018
Petal, the startup credit card company, announced on Tuesday (Oct. 2) that its credit card is now available via the company’s website. In a blog post , Petal said the company was established to help people build credit by providing a credit card with no fees, no “financial traps” and no prior experience with credit needed. “Tens of millions of Americans have no credit score at all, and millions more have short credit histories that may not tell the whole story.
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.
PYMNTS
OCTOBER 4, 2018
Uber ’s CEO revealed that the company is looking into offering its drivers health insurance and other benefits through a “portable” system that would cover contractors from job to job. “For the first time, I think we are now listening to our drivers, and we are building out our services in concert with them,” Dara Khosrowshahi said this week at Fortune ’s Most Powerful Women Summit in Laguna Niguel, California.
PYMNTS
OCTOBER 4, 2018
Google Assistant can now help users book a car from Uber , Lyft , Ola , Grab , GO-JEK and other ridesharing services. The feature, which works with Google Assistant-enabled speakers and on phones, allows users to request a car from a specific company or place a general request to receive pricing for all supported local ridesharing services. Once you decide which company to go with, Google Assistant will then transfer you to that rideshare’s mobile app to complete the booking.
PYMNTS
OCTOBER 2, 2018
Apple has inked a deal with three universities in the U.S., enabling students to store their student IDs on their Apple devices. According to a report in CNBC , students at Duke University, University of Alabama and University of Oklahoma can store their student IDs on their iPhone or Apple Wallet. Apple initially announced the service in June at its annual developer conference.
PYMNTS
OCTOBER 1, 2018
Consumers have historically needed a bit of prodding to get them into a mobile state of mind when it comes to payments. Digital transactions on the whole are up – eCommerce, financial services, bill payments – but fully embracing mobile has been a bit trickier. But, by the numbers, that tide may be turning – particularly when it comes to younger consumers who are increasingly making their preference for app-based payments and commerce known.
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