Sat.Dec 12, 2020 - Fri.Dec 18, 2020

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Bahamas Launches Digital Sand Dollar; Adds To Rise Of Central Bank Digital Currencies

PYMNTS

Facebook’s Libra might be fading a bit as a perceived threat to monetary systems that have been in place around the globe for centuries. But the race is still on for central banks to develop their own digital versions of fiat to take their place alongside bills and coins. To that end, the Bahamas may stand out as an epicenter of sorts for the rise of central bank digital currencies (CBDCs).

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Futuring Treasury function post crisis by François Masquelier, CEO, Simply Treasury

Simply Treasury

[link]

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Trending Sources

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Moving up the FP&A Maturity Curve: A Podcast

Jedox Finance

As businesses around the world look to move past the uncertainty and unprecedented change of 2020 and toward a fresh start in 2021, the discussion around FP&A maturity has been renewed. As FP&A has historically supported an organization’s financial health, it suddenly became front and center as organizations had to pivot and adapt quickly.

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Planning to be a Leader

Anaplan

To be a leader entails embracing Margaret Thatcher’s direction—“Don’t follow the crowd, let the crowd follow you.” Precisely. The crowd of planning software vendors following Anaplan’s lead is what we see playing out at present in the FP&A solution space. Anaplan’s innovation of finance-driven and enterprise-wide ‘Connected Planning’ has positioned us in two recent and […].

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The Growth Architect: How Financial Leaders are Unlocking Potential

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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US Treasury Proposes Sweeping New Disclosure Rules On Bitcoin, Other Cryptos 

PYMNTS

The U.S. Treasury Department proposed sweeping new rules late Friday (Dec. 18) that the government says would make convertible digital currencies like bitcoin less attractive to criminals engaging in crimes such as ransomware attacks. The new regulations, if adopted after a comment period, would require banks and some other institutions to obtain and report the identities of parties engaging in certain digital transactions, including payments involving what are called "unhosted wallets" – effect

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More Trending

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APAC capital markets during the COVID-19 crisis

Future CFO

We are winding down the year 2020. With the rollout of COVID-19 vaccines, the outlook while still grim remains hopeful that there is a light at the end of the tunnel (despite uncertainties of the length of the tunnel. FutureCFO spoke to three executives for their expressed views on the impact of COVID-19 on the Asia Pacific’s (APAC) credit market: Mike San Diego, chief financial officer at JK Capital Finance; James Ponsford, regional director & growth leader, Credit Solutions, Asia at Aon; a

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It's a Festivus Miracle!

Adam Kae

We see you, fellow Seinfeld fans! We LOVE to celebrate at Adam Kae, and the holiday season is always the best. To celebrate YOU this year, we're offering the ultimate Try Before You Buy offer. Your financial grievances - GONE! It's a Festivus Miracle! Simply sign up for ANY of our MicroCFO Packages and You'll Get: ?? 3 FREE Strategy Sessions. ?? $0 Down. ??

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eBay On Turning Friction-Filled Payments Experiences Into Consumer Loyalty Opportunities

PYMNTS

The 2020 holiday shopping season is picking up, and consumers are heading online or to reopened brick-and-mortar stores to shop and pay for gifts. They are using everything from cash to mobile wallets to complete these transactions, requiring retailers to race to accommodate a wide variety of payment methods. Supporting a host of simple and frictionless payment options is often a complicated endeavor from the retailer’s perspective, said Keala Gaines , vice president of global payment services f

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Myths of Private Equity Performance: Part III

CFA Institute

Private equity is not more resilient than other asset classes. Quite the opposite.

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2025 Payroll Calendar Templates (Biweekly, Semi-Monthly, and Monthly)

Use these handy calendar templates to stay on top of payroll in 2025! Download them today to share with your HR team or post for employees. Whether your company has biweekly, semi-monthly, or monthly pay periods, Paycor has you covered. Get your templates today!

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Hong Kong is once again the most expensive location for expatriates

Future CFO

Hong Kong has once again topped the list of world’s top 10 most expensive locations for expatriates, said ECA International recently when releasing the results of its latest cost of living survey. “ Hong Kong is expensive across many areas that we consider as part of our research, but it is the especially high housing costs that push it to the number one spot, said Lee Quane, Regional Director – Asia at ECA International. .

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Planful Recognized with a 2020 Stratus Award for Cloud Computing

Planful

As they say in Hollywood, it’s an honor just to be nominated. We’re even more honored to have won. We’re incredibly excited that the Business Intelligence Group recognized Planful with a 2020 Stratus Award for Cloud Computing. The annual Stratus Awards recognizes companies and individuals innovating in the Cloud and providing offerings that are truly differentiated in the market.

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Bitcoin Breaks Through $20,000 Mark, Hits Record Highs

PYMNTS

Bitcoin continued its ongoing surge in price Wednesday (Dec. 16), heading above the $20,000 mark for the first time ever — eclipsing its previous record high set in 2017. The price of a bitcoin traded higher by 5.6 percent, hitting around $20,600. CNBC reported that the surge was fueled by cryptocurrency fans along with a big boost from big-name investors such as Paul Tudor Jones and Stanley Druckenmiller.

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Living in a Digital World: Three Ways to Connect with Clients

CFA Institute

Client relationships are the foundation of financial advising. So how can advisers connect digitally?

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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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Asia Pacific sees the biggest rise in financial non-compliance fines

Future CFO

Asia Pacific has seen the single biggest rise in regional financial non-compliance fines from US$6.6 million in 2019 to US$5.1 billion for the year to date, said Fenergo recently when releasing the results of a global research on financial institution fines. Meanwhile, penalties have totalled US$10.4 billion for non-compliance with anti-money laundering (AML), know your customer (KYC) , data privacy and MiFID (Markets in Financial Instruments Directive) regulations in the said period, according

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Gates Virtual Business Channel Summit

Regent Assay

Pradip Somaia , Partner at Regent Assay, will host a virtual M&A workshop examining the key drivers and valuations for the Channel Sector at the Gates Virtual Business Channel Summit, India & SAARC on 16th December 2020. If you require any further information contact Pradip Somaia at psomaia@regentassay.com or +44 (0)7785 316 584 or if you require any support in your M&A strategies contact Hana Glanville at hglanville@regentassay.com or +44 (0)7736 211 321.

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GoDaddy Agrees To Buy Poynt To Boost Digital Payments Technology

PYMNTS

GoDaddy has agreed to acquire Poynt , which lets businesses sell and accept payments anywhere through its suite of products, according to a press release. GoDaddy plans to pay $320 million in cash at closing, along with $45 million in deferred cash payments subject to various performance and employment standards in the next three years, the release stated.

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The Value Factor’s Pain: Are Intangibles to Blame?

CFA Institute

Are intangibles responsible for the poor performance of the value factor?

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

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.

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Many firms will allow remote work after COVID-19 vaccines are available

Future CFO

Employers will likely to allow remote work after the availability of COVID-19 vaccine, according to a recent Gartner survey of 130 HR leaders on Dec 9. Survey results indicate that 90% of respondents plan to allow employees to work remotely at least part of the time even after the COVID-19 vaccine is widely adopted. In addition, 65% of respondents reported that their organization will continue to offer employees flexibility on when they work.

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POS Lender Affirm Delays IPO Until At Least January

PYMNTS

Point-of-sale (POS) lender Affirm is putting on hold its initial public offering (IPO), which had been scheduled for this month, The Wall Street Journal reported, citing unnamed sources. WSJ did not give a definitive reason for the delay in Affirm Holding Inc.'s plans but suggested it may be for the same reason video game-maker Roblox also put off an imminent IPO: fear of missing out at the corporate level.

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Report: Fraudsters Have Modified Approaches In Wake Of eCommerce Boom

PYMNTS

Digital trust-and-safety company Sift said that 2020 has been a “banner year” for online shopping sales, but that scammers have modified their approaches to take advantage of the boom, according to an announcement. The company said that malicious actors are moving away from the usual “spray and pray” strategy that entails conducting dozens or hundreds of lower-value transactions with stolen payment data, and are instead making fewer and larger attacks.

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Grocers Rush To Reinvent Themselves

PYMNTS

Although the digital shift brought on by the pandemic has rapidly reshaped the entire retail industry, its impact on the grocery segment in particular has been especially pronounced. In fact, according to a new Omnichannel Grocery Report from ACI Worldwide and PYMNTS, 17.2 percent of all consumers have switched from in-store to online shopping. Ordering for home delivery has become particularly popular, as 23 percent of U.S. consumers — 57 million people — say they are ordering more groceries on

eCommerce 132
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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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‘Ship-ageddon 2020’ Just Keeps Getting Worse

PYMNTS

With eCommerce volume way up for the holiday shopping season, we knew it was going to be a tricky year for gift shipping. The reports of potential delays and earlier-than-average shipping windows for Christmas delivery rolled in right on time in early December. UPS imposed shipping restrictions on some large retailers such as Gap, Nike, L.L. Bean Inc., Hot Topic Inc., Newegg Inc. and Macy’s as the shipping giant struggled with unprecedented demand from the pandemic-driven eCommerce surge.

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Afterpay US CEO: Buy Now, Pay Later Is In Right Place, Right Time

PYMNTS

For a 6-year-old Australian startup that’s only been doing business in the U.S. for two years, Afterpay — with its buy now, pay later (BNPL) interest-free installment loans — has gone from relative obscurity to the front page of the financial section this holiday season. Although the installment concept is hardly new, Afterpay’s platform and growing catalog of retailers has brought fame and fortune to the company and its founders.

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eCommerce FinTech Katapult To Go Public By Merging With SPAC

PYMNTS

Katapult Holding, Inc. and special purpose acquisition company (SPAC) FinServ Acquisition Corp. said on Friday (Dec. 18) that they have entered into a definitive merger deal. The arrangement will create a combined firm that will run as Katapult and is intended to trade on the Nasdaq with the “KPLT” ticker symbol upon closing, according to an announcement.

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ChowNow: AI Helps Independent Restaurants Fight The Growing Threat of Digital Fraud

PYMNTS

More than 100,000 eateries — or about one in six restaurants nationwide — have closed due to the pandemic, according to National Restaurant Association estimates. The industry as a whole lost $165 billion in revenue between March and July, and it is on track to lose $240 billion by 2021 — with the decline expected to continue until the pandemic abates.

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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.