Sat.Mar 03, 2018 - Fri.Mar 09, 2018

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Five Year Financial Projection Template

The SaaS CFO

Five Year Financial Projection Template – Solving My Pain Creating a five-year financial projection or any long-term financial forecast greater than two years is a time intensive effort. You need to add X number of managers per staff, you need enough sales reps to support bookings, you need more technical support specialists as your customer […].

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OANDA API Opens Real-Time FX Tech To Third-Party Apps

PYMNTS

Foreign exchange solutions company OANDA is enhancing its application programming interface (API) that opens up its foreign exchange (FX) technology to third-party apps. The company announced news on Thursday (March 8) that its Exchange Rates API has been updated to include real-time FX rates. According to OANDA, the API supports updates to FX rates every five seconds, enabling third-party developers to integrate this solution into their own mobile apps.

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Trending Sources

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Amazon, Walmart Announce New Blockchain Ventures

PYMNTS

Blockchain is now an official word in the Merriam-Webster dictionary. Of course, the FinTech industry doesn’t have to look it up, but the dictionary now defines blockchain as a technology that enables the keeping of records of financial transactions in a digital database as part of a publicly accessible network. The addition of blockchain to the dictionary is symbolic of the technology’s continuing proliferation.

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TSYS’ McHugh: Why Integrated Payments Is What’s Next

PYMNTS

In technology, and especially in payments, the competitive landscape is a heated one. The question, when eyeing the competition and trying to stay ahead of the curve, usually boils down to “build or buy?” But sometimes the strategy can be tweaked a bit to “buy and build.”. In an interview with PYMNTS’ Karen Webster, Philip McHugh, EVP and president of TSYS Merchant Solutions , laid out the strategy in a space — namely merchant services — that is rapidly evolving, and where TSYS has made a string

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The Human Side of Finance: The Intersectionality of People, Culture, Adaptability, and Resilience

Speaker: Melissa Hurrington

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.

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PayPal Files Patent Application To Speed Up Crypto Payments

PYMNTS

PayPal looks to increase the adoption of cryptocurrency as a payment method by recently filing for a patent application. CoinDesk , citing an application with the U.S. Patent and Trademark Office titled “Expedited Virtual Currency Transaction System,” lays out a method by which private keys are traded from buyer to seller in an effort to cut down on the time it takes for payments to go through between a customer and a merchant.

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Amazon Considers Offering Checking Account-Like Product With Banks

PYMNTS

To create a financial product that would appeal to younger customers and those without a bank account, Amazon is reportedly in talks with big banks like JPMorgan Chase about designing a checking account-like product. The discussions are in the early stages, and there’s no guarantee the product would come to market, The Wall Street Journal reported.

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Wealthy Entrepreneurs Turn To Pawn Shops To Start New Ventures

PYMNTS

Wealthy entrepreneurs are turning to an unexpected source to finance their new business ventures: pawn shops. According to news from CNBC on Monday (March 5), there has been an uptick in wealthy people pawning their valuables for collateral and quick small business loans. There are only a “handful” of companies enabling individuals to do this, reports said, largely because entrepreneurs are seeking much more than the average size of a loan from a pawn shop.

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Applebee’s Hit With POS Data Breach

PYMNTS

After its point of sale (POS) systems were reportedly affected by malware designed to capture credit card information, RMH Franchise Holdings is warning that its Applebee’s restaurants in 15 states suffered a data breach. The company said all its 167 locations were impacted, Bank Info Security reported. “In addition to engaging third-party cybersecurity experts to assist with our investigation, RMH also notified law enforcement about the incident and will continue to cooperate in their inv

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Prime Members In San Francisco And Atlanta Get Free Whole Foods Delivery

PYMNTS

Adding to the sundry benefits of Prime, Amazon is launching free two-hour delivery of Whole Foods groceries in Atlanta and San Francisco through Prime Now. The service launched last month in four cities, and the company plans to expand the service this year, the company said in an announcement. “We’re happy to bring our customers in San Francisco and Atlanta the convenience of free two-hour delivery through Prime Now and access to thousands of natural and organic groceries and locally sourced fa

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Maximizing Profit and Productivity: The New Era of AI-Powered Accounting

Speaker: Yohan Lobo

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.

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EU Proposed Law Aims To Make Friends With FinTech

PYMNTS

As the European Union (EU) prepares for the U.K.’s exit from the bloc next year, the EU’s executive is set to propose a draft law aimed at boosting the FinTech market throughout the region. According to news from Reuters , a document by the European Commission revealed that the law would enable the FinTech sector to grow through crowdfunding and common blockchain technology standards.

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The Oscars: Who’s Spending What (And Where)

PYMNTS

The Oscars have become one of Hollywood’s most glamorous events over the past nearly nine decades, with stars spending millions on red carpet ensembles and companies shelling out just as much to score an advertising spot or a little real estate inside the event’s extravagant nominee gift bags. Tickets to attend the first Oscars ceremony in 1929 cost just $5.

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Citigroup Eyes Creation Of National Digital Bank

PYMNTS

Citigroup is gearing up to launch a digital consumer bank that will be national in scope and will arrive within the next three years. Citing Citigroup Chief Financial Officer (CFO) John Gerspach, Reuters reported the executive said at an investor conference that the financial company is “laying the groundwork for having a national digital bank. I am not making an announcement right now, but I would be really disappointed if it was anything close to being three years away.”.

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What’s Driving VCs’ Attention To B2B FinTech

PYMNTS

The whirlwind of FinTech investment shows no signs of slowing. In fact, new data from venture capital (VC) analysis firm CB Insights, analyzed by global management consulting and professional services firm Accenture Financial Services, suggests FinTech startups’ VC funding hit a new high last year, with major deals in the U.S., the U.K. and India leading the charge.

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Smarter Card Solutions: Meeting the Challenges of Mid-Market Travel & Expense

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.

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DDoS Attacks With Cryptocurrency Demands Increasing

PYMNTS

Distributed denial of service attacks, otherwise known as DDoS , have now added a cryptocurrency mining twist to the scam, requiring victims to pay the ransom. According to a report in Fortune , Akamai, the internet services company, was looking into the increase in DDoS attacks when it noticed that within the malicious traffic were ransom notes. In one example, a note demanded 50 XMR, or Monero, which is a cryptocurrency.

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Walmart Taps TSYS For Health Care Payments

PYMNTS

TSYS, a global payment technology company based in Georgia, announced Wednesday (March 7) a new payment solution dubbed Advanced AuthControl will be implemented at Walmart and Sam’s Club locations around the United States. In a press release , TSYS said the patent-pending payment solution is able to recognize qualified purchases by a consumer’s health care plan.

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TRENDING: When Brick & Mortar Goes Digital (In Store)

PYMNTS

Clothing companies can’t seem to please customers lately. Consumers are spending half as much as they once did and are sick and tired of retailers’ tired omnichannel offerings. But clothing companies aren’t alone in their struggles. Recently, retailers the world over have had to supercharge their stores, websites and mobile apps with features customers crave in order to compete in the omnichannel age.

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ATM Debit Card Fraud Hit 10 Percent In 2017

PYMNTS

A new report has revealed that there was a 10 percent increase in the number of payment cards compromised at U.S. ATMs and merchants in 2017. “The number of compromises and the number of card members impacted set a new record last year,” said TJ Horan, vice president of fraud solutions at FICO. “While most devices are safe, fraudsters are developing new technology and methods for hacking ATMs.

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Bringing AI to Finance: How to Leverage Technology for Efficiency and Control

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.

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ICOs, SEC And Wait And See?

PYMNTS

And so, the SEC might be shorthand for “Scare Every Cryptocurrency Firm.”. News came this past week, and a regulatory shoe of sorts dropped when the U.S. Securities and Exchange Commission issued scores of subpoenas and Requests for Information (RFIs) focused on initial coin offerings (ICOs). On the one hand, the move is hardly unexpected. After all, the regulatory clime has been getting a bit heated for all things crypto based – and as has been seen elsewhere in the world, such as in South Kore

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Athleisure, Fast Fashion And Gap’s ‘Cross-Channel, Cross-Brand’ 2018

PYMNTS

After a long trip out in the earnings wilderness — and an increasing conviction from market watchers that Gap Inc. might simply be the latest mall brand caught in the retail whirlpool — things are beginning to turn around. With, of course, a few qualifications. During its earnings report last Thursday (March 1), Gap Inc. reported 5 percent same-store sales growth — the majority of which was driven by Old Navy , which logged 9 percent comparable sales growth.

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Who’ll Win When Facebook Advertisers Flee?

PYMNTS

Procter & Gamble made headlines last week when its Chief Brand Officer, Marc Pritchard, confirmed that the world’s largest advertiser cut $200 million of digital advertising spend in the last nine months of 2017. That year, P&G’s ad spend totaled $7.1 billion. That wasn’t the big news. The big news was Pritchard’s blunt admission that the reduction in spend had no impact on the performance of P&G’s business.

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FTC Announces New Medicare Cards And Scam Prevention Tips

PYMNTS

The Federal Trade Commission (FTC) has announced that new Medicare cards will be mailed out starting next month. The new cards are being issued to protect consumers from identity theft. With that in mind, Medicare is removing Social Security numbers from its cards and replacing them with a unique Medicare number. The cards will be mailed in waves to various parts of the country from April 2018 until April 2019.

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Say ‘Goodbye’ to Clunky Spreadsheets and Say ‘Hello’ to Month-End Automation

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.

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Ex-Microsoft Australia CEO To Take Xero Founder’s Place

PYMNTS

Rod Drury, founder and CEO of New Zealand small and medium-sized business (SMB) accounting company Xero, is stepping down from the position, according to Sunday (Mar. 4) ZDNet reports. Microsoft Australia CEO Steve Vamos will take Drury’s place next month. Drury founded Xero 11 years ago, and Vamos has been preparing to take on the role for the last 18 months.

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Happay Lands HDFC Partnership For Expense Management Services

PYMNTS

Happay , a business expense management company based in India, has landed a partnership with HDFC Bank , reports in Business Standard said on Monday (March 5). The company will link HDFC small business (SMB) customers to its travel and expense management solution, which is tied to a prepaid card. The tool enables entrepreneurs to manage employee spend while on business trips.

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Market For Distributed Farms That Grow Popular Fungi ‘Mushrooms’ In New York

PYMNTS

In the Big Apple, where space is at a premium, it’s not easy to grow farm fresh produce. As a result, most produce that ends up on a diner’s plate there comes in refrigerated trucks from a farm far away. It’s an ecological nightmare with all the energy needed to fuel the trucks — and the produce doesn’t always arrive in grocery stores or city restaurants all that fresh, after all.

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Moovit CEO: How Mobility Data Makes Cities Smart

PYMNTS

Just like cars on a highway at rush hour, transformation in city and infrastructure planning is not moving fast enough to get people where they need to go — and it’s about to become more of a problem, if Moovit Co-Founder and CEO Nir Erez is correct. “The changes in the way people move in the city over the next five to 10 years will be more dramatic and aggressive than they were in the past 100 years,” Erez predicted.

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Outsourcing Vs. In-House: The Ultimate Battle For Better Collections

Speaker: Susan Richards

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.