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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.
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.
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.
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.
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.
Ripple (XRP) has overtaken Ethereum within the last 24 hours, with a 7 percent surge in price for a market valuation of $24.28 billion. According to CCN , this is the third time this year that Ripple has moved past Ethereum, with each time occurring in the second half of September. But with the market cap of Ethereum only slightly below that of Ripple — combined with the weak volume of XRP — it is likely that Ethereum will regain its position as the second-most valuable cryptocurrency soon.
Ripple (XRP) has overtaken Ethereum within the last 24 hours, with a 7 percent surge in price for a market valuation of $24.28 billion. According to CCN , this is the third time this year that Ripple has moved past Ethereum, with each time occurring in the second half of September. But with the market cap of Ethereum only slightly below that of Ripple — combined with the weak volume of XRP — it is likely that Ethereum will regain its position as the second-most valuable cryptocurrency soon.
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.
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.
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.
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.
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.
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.
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.
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.
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
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.
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.
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.
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.
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.
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.
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
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.
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.
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.
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.
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.
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.
Consumers interact with product packaging on a daily basis. Packaged goods often reach consumers’ hands after traveling across oceans and being shipped between manufacturers, distributors and retailers. Faced with that kind of transit, brands want supply chain visibility: they don’t want to be left in the dark on where their products are in their journeys or on how quickly items are selling once they get to their retail destinations.
Blockchain trade finance consortium we.trade has grown with the addition of three new bank members, reports in CryptoNinjas said Tuesday (Oct. 2). UBS is joining the consortium, as are CaixaBank and Erste Group. The three were part of the former Batavia consortium, another group formed to explore blockchain in trade finance and management. The financial institutions (FIs) join we.trade’s existing bank partners HSBC, Deutsche Bank, Rabobank, Santander and others, now totaling 12.
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.
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