Sat.Jan 06, 2018 - Fri.Jan 12, 2018

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The Start Path Class Of 2018 Is Under Construction

PYMNTS

When Mastercard launched the Start Path accelerator program in 2014, the goal – according to VP and senior business leader, Amy Neale – was to make it easier for emerging companies to enter “our world” through a combination of operational support, commercial access and some strategic funding. “And when we talk about our world, we mean not just payments, but FinTech more broadly – and, even more broadly than that, commerce,” she said.

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TRENDING: APIs Bring FIs Back In The B2B Game

PYMNTS

Old and new tech are both coming into play in B2B API. The ever-changing value of bitcoin has been making headlines, and delivering and dashing investors’ dreams along the way. And recently, B2B API players have been tuned in, paying close attention to the cryptocurrency’s rising and falling star. But, more than just watching the cryptocurrency’s value slide up and down, players in the space have increasingly been exploring its underlying blockchain technology — and what that tech could do for B

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Trending Sources

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Stripe Launches Tool To Help Founders File Tax Returns In Minutes

PYMNTS

Stripe has announced an addition to its Stripe Atlas toolkit that will help founders file their corporate tax returns in minutes. This new tool can be especially important for resource-strapped startups, which often have difficulty with the tax process even with the help of an adviser. In fact, 54 percent of Atlas founders reported making a mistake when filing last year’s returns, including paying the incorrect amount, filing late or missing required filings entirely.

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How Masabi Makes Public Transit Ticketing Mobile

PYMNTS

It’s a problem with which most commuters are familiar, though many likely wish they were not. They wake up, get ready to go, walk to their bus or train stops and reach for their transit tickets only to realize said ticket is sitting on a dresser or bedside table. Even if they muster up the patience to take that long walk back to their homes and then again to the stations, their troubles might not be over.

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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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Visa Signs Off On Optional Signatures For EMV Merchants In North America

PYMNTS

No more signatures. Visa said today (Jan. 12) in a blog post that it is making the signature an option — and no longer a requirement — for EMV chip-enabled merchants across North America. That shift, for contact or contactless payments, goes into effect April 2018. At the same time, Visa said in its posting that it will continue to invest in initiatives tied to advanced analytics and biometrics.

More Trending

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Upgrading The Sharing Economy With Disbursement Tools

PYMNTS

For the millions of American households that remained on the “nice” list during 2017, the holiday season often meant receiving mounds of new gifts. But sometimes staying on the “nice” list means receiving holiday gifts that are well-meaning, but miss the mark. As a result, millions of Americans return some $90 billion worth of unwanted holiday merchandise every year.

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Consumers Are Increasingly Researching Purchases Online

PYMNTS

It appears that 2017 was a good year for omnichannel shopping, particularly according to the eCommerce Foundation’s recently released “United States Ecommerce Country Report” that covered eCommerce data from the last year. That data strongly indicates 88 percent of consumer pre-research their buys online before making a purchase either online or in-store.

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Blockchain Firm Money By Design Goes After $350 Million ICO

PYMNTS

Enterprise blockchain company Money By Design is planning an initial coin offering (ICO) and hopes to secure more than $350 million through the deal. France-based ICO boutique Chaineum told PYMNTS on Tuesday (Jan. 9) that it will be managing the ICO. The private placement will launch on Feb. 15. Money By Design has launched a project called the Smart Tokenization Blockchain, which uses blockchain to produce and manage tokens.

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August Access Expands In-Home Delivery Beyond Walmart

PYMNTS

An expanded delivery platform from Assa Abloy ’s smart lock startup will now allow merchants to offer in-home deliveries to their customers, TechCrunch reports. Months after a test with Walmart, August Home is rolling out August Access with its courier partner, Deliv. Available to those with a smart lock from August, Emtek or Yale, the service will appear as another delivery option for merchants that participate in the program.

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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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Feds Put Seized Bitcoins Up For Auction

PYMNTS

The Feds are seeking to put nearly 4,000 bitcoins on the auction block — currently worth approximately $50 million — seized in criminal, civil and administrative cases, BGR reported. On Thursday, the U.S. Marshals Service said it will hold an auction in February to dispose of 3,813 bitcoins, which are valued at a sizable $52 million at today’s price.

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Community Banks Aim To Amplify Competitive Edge With FinTechs

PYMNTS

With big banks pulling back from small and medium-sized business (SMB) lending in the wake of the global financial crisis, the market was ripe for someone else to fill the credit gap. Enter: alternative lenders. While marketplace lending platforms and alternative finance players first surfaced to compete with traditional financial institutions (FIs), many large banks have now realized that collaborating with these companies is the way to better service SMBs — and without the added investment in

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PayPal’s Schulman Not A Bitcoin Fan

PYMNTS

Digital payment company PayPal is not betting on bitcoin as of now. In an interview with TheStreet.com, PayPal chief executive officer Dan Schulman said that while PayPal is focused on innovating in the payment market, it’s not focused specifically on the digital currency. “I think right now, and we’re seeing this maybe more than ever, the volatility of the cryptocurrency makes it actually unsuitable to be a real currency that retailers can accept,” Schulman said in the interview.

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Visa Spreads B2B Payments Focus Through LatAm With NovoPay

PYMNTS

Visa is expanding its B2B payments footprint throughout Latin America. The payments technology company announced Wednesday (Jan. 10) that it has struck a partnership with FinTech NovoPayment. Together, the companies will provide B2B payments services across Latin America and the Caribbean, with a focus on business travel payments, accounts payable and accounts receivable solutions, and Visa bank clients.

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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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Blockchain Accelerator Lands IBM, Comcast Support

PYMNTS

A new blockchain accelerator, MState , has found some high-profile backing. News from Business Insider on Tuesday (Jan. 9) stated MState secured backing from IBM and Comcast Ventures. IBM will provide support services, while Comcast Ventures will provide funding, the publication said. MState itself plans to invest between $25,000 and $50,000 into six early-stage blockchain startups over the next six months.

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SMBs Start The Year With Jobs, Late Payments, FX Struggles

PYMNTS

Jobs numbers were off to a rocky start for the year when new data from the U.S. Department of Labor revealed lower-than-expected jobs numbers for the month of December. But when it comes to small business (SMB) hiring, the numbers don’t always present a clear picture. In fact, the latest research on small business performance goes far beyond hiring stats.

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Trade Finance Awaits A Boost From FinTech

PYMNTS

Lenders in the U.S. overwhelmingly plan to expand financing activity this year. According to new research from Magilla Loans , which offers an anonymous search engine data for both home and business loans, a survey of mortgage and business lenders found plans to originate more than half a trillion dollars’ worth of loans in 2018. According to the report, 88 percent of lenders plan to lend more in 2018 than they did in 2017, and more than a third (36 percent) said they plan to lessen requir

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Bringing Luxury To The Humble Vending Machine

PYMNTS

The word “vending machine” elicits a few typical images: candy bars, chips and soft drinks — though if one spends enough time in an airport personal electronics might make the list. But vending machines are branching out in big ways and getting more high tech. According to the PYMNTS/USA Technology Unattended Retail tracker, there will be 3.6 million connected vending machines on the planet by 2020.

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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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Getting B2B Payments In Construction On The Same (Digital) Page

PYMNTS

There are a lot of factors that make B2B payments in the construction industry a challenge. One is a culture of delayed payments, and another is the mobile nature of the market, with professionals working on-site and always on the go. But the biggest disruptor to a smooth B2B transaction, says Zlien CEO Scott Wolfe, is fragmentation. “There is fragmentation in a number of categories,” he recently told PYMNTS. “One area of fragmentation is the types of companies involved.

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Bitcoin Parody Dogecoin Hits All-Time High: $2 Billion

PYMNTS

In the crypto world, everyone knows you are a dog (meme). So it was with Dogecoin, originally created as a parody of crypto…and now as buoyant as some of the real deal. The alternative crypto inspired by a dog meme now has a $2 billion market cap, as noted by Business Insider and other sources. The currency features a dog, and even founder Jackson Palmer has said he worries about market froth.

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The QR Code’s Big Retail Comeback

PYMNTS

Until recently, the QR code was one of the great contenders in the race to ignite mobile commerce. But according to new reserach from Juniper, the humble QR code may be facing a rich second life as a driver of mobile loyalty. New data released by the firm indicated that 1.3 billion mobile QR code coupons were estimated to have been redeemed last year, and the figure is set to grow by a lot — to 5.3 billion by 2022.

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Ripple Leads Cryptocurrencies Lower

PYMNTS

Cryptocurrencies led by real-time gross settlement (RTGS) system Ripple’s XRP fell in trading Monday (Jan. 8) as investors bet its stock surge was a bubble. . According to a report in CNBC, Ripple was down 10 percent while bitcoin fell 7.6 percent, and lifecoin dropped 6.4 percent. Ethereum bucked the declining trend Monday trading up 4.7 percent, however.

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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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UnionPay Enables Cross-Border B2B Payments For Yiwu Market

PYMNTS

UnionPay International is expanding its support for cross-border B2B payments through an integration with wholesale eCommerce market Yiwu Market, based in China. According to a press release issued on Monday (Jan. 8), UnionPay’s Cross-Border B2B Payment Service Platform is now linked into the official Yiwu Market website, enabling corporate buyers outside China to pay for goods on Yiwu using UnionPay cards issued overseas.

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Startup Spotlight: Invisible Payments, Invisible Hacks

PYMNTS

Invisible payments are convenient…until they’re not. From paying for groceries through Apple Pay to paying for a ride on Lyft, many popular services today require nothing but a phone – no need to pull out a credit card or sign a receipt. It’s almost like not spending money at all. Yet just because these payments can’t be seen doesn’t mean they aren’t at risk.

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What’s Old Is New Again: Surge Pricing

PYMNTS

It’s every Uber rider’s worst nightmare: A ride that costs hundreds of more dollars than expected. In October, an Illinois woman hopped out of an Uber after a 100-mile ride to discover she had been charged nearly a thousand dollars. The ride — from a Chicago suburb to O’Hare International Airport and back — would normally cost $120. But, due to the ridesharing giant’s “surge pricing” strategy, the ride cost nearly eight times higher.

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Bringing The Video Store Back In The Age Of Netflix

PYMNTS

Seeing a movie at the Alamo Drafthouse is a unique cinematic experience — which is saying something, given that movies are a fairly stereotyped affair. Customers go to the theater, purchase their tickets, buy popcorn and retreat to a large, dark room to watch a film on a massive screen with amped up surround sound. There have been changes to the model on the margin.

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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.