Sat.Aug 25, 2018 - Fri.Aug 31, 2018

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How to Apply the Rule of 40 for Your SaaS Company

The SaaS CFO

How to Calculate the Rule of 40 in SaaS The rule of 40 in SaaS is simple financial framework that balances revenue growth versus margins. It’s a rule of thumb to quickly determine the health and/or attractiveness of a SaaS company. You’ve probably heard of the rule of 40, but the application of the formula […]. The post How to Apply the Rule of 40 for Your SaaS Company appeared first on The SaaS CFO.

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Visa-Supported Blindsight Could Change Payments For The Visually Impaired

PYMNTS

Right now, it looks like a blood pressure cuff with wires and tiny boxes attached to it. Or, perhaps, an oversized watchband, one that was made by a child stuck inside on a rainy day. But it’s only a prototype — one invented by high school seniors in the San Francisco Bay area — that could one day change how blind consumers handle payments and commerce, along with other daily tasks.

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How A Single Digital ID Will Become EU’s Commerce Passport

PYMNTS

When trying to understand the new eIDAS regulations set to go officially online in the EU in September, it helps, Trulioo GM Zac Cohen told Karen Webster, to take a step back and look at the general purpose of the European Union. If one were to take a very quick trip back in time to the year 2014, when the eIDAS regulations were first passed, they would see the EU was lagging behind when it came to offering the same single market harmony that was the expected norm across most trade relationships

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Reformed Fraudster Now Fighting Fraud

PYMNTS

Most people’s first job was babysitting, or delivering the paper, or perhaps working at a local shop. But none of those jobs really appealed to a young Tony Sales – because they weren’t lucrative enough. Fraud, on the other hand, paid extremely well, a fact he learned at the age of 13 when he embarked on his first subscription scam. Sales would go door-to-door soliciting pledges for a charity walk, or a swim to fight cancer or a skate-a-thon, or anything else he could think of.

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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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 In India, Has Demonetization Been Defeated?

PYMNTS

When you want to know something: Follow the money. In India, then, to find out how well, or not so well, demonetization efforts are playing out, follow the money. News comes this week, per India’s central bank, that cash still is king — more than ever. In fact, the value of cash grew 37.7 percent during a period that was supposed to reduce reliance on paper notes.

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FinTech/FI Collaborations In Mexico And Beyond

PYMNTS

There are any number of government initiatives pairing FinTech with traditional FIs , and now Mexico joins the roster with renewed focus. Only one-third of adults in that country have a bank account. And the new administration, incoming, is looking to boost financial inclusion. One incoming future deputy finance minister, Arturo Herrera, told Reuters that financial inclusion’s shortfall in the country has led to obstacles in the fight against poverty and slow economic growth.

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Alibaba’s Lazada Partners With Finaxar To Offer Credit Options To SMEs

PYMNTS

Alibaba’s Lazada has announced a partnership with Finaxar , which will offer new credit options for SMEs in Southeast Asia. Finaxar will offer its services to Lazada sellers in Singapore, with plans to eventually expand to cover other parts of Southeast Asia. The goal is to increase the number of retailers in the region, which boasts 650 million consumers.

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Auto Relocation, Sharing Economy Style

PYMNTS

Peer-to-peer (P2P) marketplaces seek to make car relocation more accessible as they tackle the challenge of moving vehicles across the country. Consumers might put out a query online and be bombarded with responses when they first look to move said vehicles, a process that sometimes continues long after they have found a solution. Vehicle delivery can also be a pain point for them.

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Farm-To-Table Service, Milk And Eggs, Tills For Online Grocery Niche

PYMNTS

The grocery delivery arena is getting crowded – as crowded as the aisles, one might say, of a local supermarket ahead of a big storm. Amazon has had and still has its impact, of course, having bought Whole Foods and helping to send companies such as Kroger and Walmart into the meal kit market and to their own online delivery models, scrambling to get clicks and online sales.

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

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, 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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Visa: Chip Cards Reduce Counterfeit Fraud At U.S. Merchants By 75 Percent

PYMNTS

Data released by Visa on Wednesday (Aug. 29) showed that counterfeit fraud ticked down at U.S. merchants by 75 percent from September 2015 to March 2018 as more storefronts started accepting chip cards. To that end, Visa said that, as of its latest “Visa Chip Card Update,” as many as 67 percent of storefronts in the United States now accept chip cards.

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Swedish Krona Continues To Fall Amid Other Currency Upheavals

PYMNTS

The currency decline continues: The Swedish krona fell Wednesday (Aug. 29) against the euro, the fifth straight day that has happened. The decline comes amid political uncertainty in that Nordic country, the prospect of a widening trade war that could hurt it and increasing attention to the benefits of currency hedging among commerce and payments businesses.

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A Good Time To Be A (U.S.) Small Business Owner

PYMNTS

Small businesses in the U.S. are increasingly know for their optimism. Expectations about economic growth, and increases in their own revenues, make for a good time to be a small business owner in the country. In the U.K. and Australia, though, small business sentiment looks a bit different. This week’s B2B Data Digest looks at the numbers behind small businesses’ optimism (or pessimism), as well as new stats about adoption of technology like payment services and machine learnings. 7

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Why Digital Marketplaces Still Struggle To Make Digital Payments To Gig Workers

PYMNTS

The gig economy: no longer the domain of ride-hailing firms. No longer the side hustle of people who need to make an extra buck just to make ends meet. No longer a “need to do.” Increasingly, gig work is a matter of choice. In the latest Gig Economy Index , a number of stats stood out, gleaned from the responses of 10,000 workers queried by PYMNTS. According to a subsequent conversation between Karen Webster and Hyperwallet SVP of Digital Markets Michael Ting in the most recent Data Drivers pod

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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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Five At Five: The Growing Power Of Loyalty

PYMNTS

Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes the increasing importance of loyalty programs to airlines, and Allstate’s plan to boost its power in identity protection. Intuit has mobile app news, Walmart cozies up with Moosejaw and Alibaba has a new partnership centered around credit options.

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Kings Never Had It So Good: Behold The Rise Of Smart Toilets And Bathrooms

PYMNTS

One often hears that many people, especially in the most prosperous countries of the West and Asia, live better than the kings and queens of past centuries. (Given one’s tolerance for constant media attention and nonstop family drama, one might also say that many people live better than the current British monarch, but that’s another topic.). The internet and pocket-sized mobile devices offer access to information outside the grasp of the most educated monks and scholars.

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With Patent Filing, Square Circles Cryptos For Payments At POS

PYMNTS

Much has been made about cryptocurrencies and the speculation that has marked trading activity in that arena. Much has been made about the fact that, insofar as they can be used in everyday commerce, cryptocurrencies have not made much headway. That may be about to change if payments firm Square gets its way. The company has a patent in place that will let merchants accept payments across cryptos – most notably, perhaps, bitcoin, the marquee name in the space.

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Diebold Nixdorf Secures $650M Capital Commitment

PYMNTS

To enhance liquidity, ATM servicer and software provider Diebold Nixdorf has secured a $650 million capital commitment from two institutional lenders and started a process to amend its existing credit agreement. The funds will be used to acquire remaining shares of Diebold Nixdorf AG and repay debt, among other purposes, the company said in an announcement.

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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.

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Rep. Cleaver Releases Initial Findings In Alt-Lending Probe

PYMNTS

U.S. Representative Emanuel Cleaver II (D-MO) has published the initial findings of a probe into the alternative small business lending market in an effort to explore borrower protections, fairness and the possible need for greater regulatory oversight. About a year after reports first surfaced that Cleaver would be examining the industry, the initial findings of the investigation have revealed several key concerns of the market.

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LumoXchange Launches In Philippines; UAE Exchange Rebrands Fiji Business

PYMNTS

Welcome to The Axis, your late look at payments news from around the world. Coverage includes LumoXchange ’s launch in the Philippines. In addition, Wirecard Brazil is rolling out new features for entrepreneurs, and UAE Exchange has rebranded its operations in Fiji. LumoXchange has unveiled the launch of a money transfer service to the Philippines that allows consumers to compare exchange rates between banks in the country, the company said in an announcement.

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Dunkin’ Donuts Announces Support For Alexa Voice Ordering

PYMNTS

Dunkin’ Donuts announced Thursday (August 30) that ordering via Amazon’s voice-activated digital assistant Alexa is now available. In a press release , Dunkin’ Donuts said the new integration of Alexa means DD Perks Rewards members can place a mobile order via voice on an Alexa-enabled device and skip the line to pick up. The company said customers who have a DD Perks account and an Amazon account can link them together in the Alexa app once they open the skill, with all ordering and payments ha

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Swiss FINMA Plans AML FinTech Rule Revisions

PYMNTS

Swiss financial regulator FINMA is planning to soften anti-money laundering rules for smaller FinTech firms in an attempt to help the country become a tougher competitor in the money management sector. According to Reuters , the change is the result of the government’s decision in June to amend the Swiss Banking Act. As a result, a new FinTech license category was created to loosen rules for financial companies that provide certain bank-like functions, such as taking deposits, but do not g

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Usage-Based Monetization Musts: A Roadmap for Sustainable Revenue Growth

Speaker: David Warren and Kevin O’Neill Stoll

Transitioning to a usage-based business model offers powerful growth opportunities but comes with unique challenges. How do you validate strategies, reduce risks, and ensure alignment with customer value? Join us for a deep dive into designing effective pilots that test the waters and drive success in usage-based revenue. Discover how to develop a pilot that captures real customer feedback, aligns internal teams with usage metrics, and rethinks sales incentives to prioritize lasting customer eng

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Digital Payments In Africa Gain Steam

PYMNTS

Business growth in Africa requires better payments infrastructure, and that effort received a significant boost this week when Stripe, Visa and other firms invested $8 million in Paystack. The Nigerian company enables developers to create payment tools via its APIs, and connects multiple payment processors by handling transactions for merchants and consumers.

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Farm To People Aims To Be A ‘Launch Pad’ For Food Producers

PYMNTS

To bring the concept of the farmers’ market to the world of eCommerce, online marketplaces are connecting local producers with consumers hungry for fresh food. With that in mind, companies such as Farm To People source small-batch and handcrafted proteins and produce that they deliver to shoppers who want to know more about what they put in their refrigerators.

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How mPOS Helped EU’s SMBs Jump The Shark On Cash

PYMNTS

When myPOS launched in 2014, cash was still mostly king among small businesses. In fact, as Andrew Byrne, COO at myPOS , told Karen Webster, in some places it still is. Camden Market , Byrne noted as an example, is a popular destination in London that bills itself as a place to “eat, drink, shop and dance.” All of which are true, Byrne said, so long as one has pounds in their pocket – because many of the merchants in markets don’t take cards, and will politely direct customers to the nearest ATM

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Why Yum! Brands Doubled Down On Delivery With Grubhub

PYMNTS

The fast food segment has become a highly competitive place of late, with upgrades and discount promotions seemingly pouring in at all times — a reality that has hit Yum! Brands as it labors to keep not one, but three chains up, running and avidly competing. Pizza Hut, Taco Bell and KFC are all large operations in their own right, and they’re all facing the stiff headwinds that are blowing throughout the fast food segment.

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Solve Your Firm's Automation Complexities Once and For All

Speaker: Mark Stovel

When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.