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

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Ripple Enables Real-Time Payments Into China Via LianLian

PYMNTS

Soon after Ripple announced a collaboration with MoneyGram, the blockchain firm revealed yet another partnership, this time in China. Reports in Blockchain News on Wednesday (Feb. 7) said Ripple announced a partnership with LianLian International, a Hong Kong-based, cross-border payments company, that plans to use Rippleā€™s xCurrent enterprise blockchain tool to process real-time payments coming into China.

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Learn how to power your sales organization to new heights at Hub 2018

Anaplan

As we count down to Hub 2018 in Las Vegas—my very first Hub experience—the anticipation is building for sales professionals. With strong breakout sessions, it promises to be an unparalleled opportunity for sales leaders to connect and learn from Anaplan’s customers and partners about the journey toward connected planning. Those who attend can expect to. read more ?.

Sales 49
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Own Your Program Management, Own Your Destiny

PYMNTS

Being a program manager isnā€™t easy. Essentially, it means handling everything other than card issuing, authorization and transaction processing. If itā€™s not holding money or providing a payment network, the program manager does it: AML (anti-money laundering) compliance, KYC (Know Your Customer), fraud mitigation, marketing, privacy, document review, OFAC compliance, reporting and more.

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Mercedes and Bosch Queue Up For Self-Driving Taxi Test

PYMNTS

Daimlerā€™s Mercedes and Bosch are gearing up to test driverless taxis on the roads in the coming months. Engadget, citing German news site Automobilwoche, reported that Bosch head Volkmar Denner said the first test taxi will be on the roads in the coming months. He didnā€™t provide other details, reported Engadget, but did offer up more of a timetable for the initiative.

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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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NXT-ID Rolls Out The Ability To Pay With Bitcoin

PYMNTS

Fit Pay , a unit of NXT-ID , announced news on Thursday (Feb. 8) of the launch of Flip TM , a contactless payment device for cryptocurrency holders. According to a press release , Fit Pay said the new device will enable cryptocurrency holders to use their digital coins to pay for goods at retail locations. The device launch follows an announcement in December that the company would expand its platform to include cryptocurrencies.

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ALDI Stores Hit With Credit Card Skimmer

PYMNTS

ALDI , the grocery store operator, is being targeted by scammers who are installing credit card skimmers on top of point-of-sale terminals in plain sight. According to news from TechCrunch on Thursday (Feb. 8), police in Lower Pottsgrove, Pennsylvania, have pinpointed a group of thieves as the culprits. Theyā€™ve been installing camouflaged skimmers on ALDI credit card terminals right in front of surveillance cameras.

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Western Unionā€™s Plans For Mass Payments

PYMNTS

Corporate T&E company Certify is integrating payment capabilities provided by Western Union to enhance its global reimbursement and supplier payment offering. The companies announced in a press release sent to PYMNTS on Thursday (Feb. 8) that they formed a partnership that allows businesses using Certify to facilitate employee reimbursements and supplier payments across borders, with transactions powered by Western Union.

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Blockchain Must Be Easy, Secure To Drive Adoption

PYMNTS

In 2017, cryptocurrency startups raised $5.6 billion through ICOs (initial coin offerings, a fundraising strategy by which creators of digital coins and tokens like bitcoin and Ethereum sell their tokens to investors in order to fund the currencyā€™s launch). With so many ICOs underway, one might say the cryptocurrency space has quickly grown oversaturated ā€“ or at the very least, overwhelming.

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Apocalypse Not: Brick-And-Mortar Retail Is Neither Dead Nor Dying

PYMNTS

Frozen food didnā€™t kill the restaurant. Telephones didnā€™t kill human interaction. And eCommerce wonā€™t kill brick-and-mortar retail. Thatā€™s L Brands CEO and Chairman Les Wexnerā€™s theory, as reported by The Wall Street Journal , in the face of brick-and-mortar retailā€™s worst year ever. Around 7,000 stores closed their doors in 2017, among them Abercrombie & Fitch, CVS, Gymboree, J.

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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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Sizzle Of The Week: Amazon Solves The Last Mile Problem With Whole Foods

PYMNTS

This week, in honor of the Big Sizzle ā€“ Amazonā€™s announcement that it would be offering grocery delivery directly from Whole Foods ā€“ we thought we would give our readers a chance to take a special quiz. ā€œ THUDā€. The above is the sound ofā€¦. . The other shoe. dropping on Amazonā€™s August 2017 Whole Foods purchase. . . The stock prices. of Walmart, Kroger, Target and Publix all crashing at once. . .

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WhatsApp Testing Payments In India

PYMNTS

WhatsApp is testing a payment ability in India which will enable users to send money to other users of the mobile app. Citing sources familiar with the companyā€™s plan, TechCrunch reported the service is currently in beta tests. WhatsApp has opted not to make an official announcement yet because the service isnā€™t available on a wide basis. WhatsAppā€™s payment solution takes advantage of the Unified Payments Interface (UPI) in India and includes support from a handful of banks, including State Bank

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Bon-Ton Is The Next Retailer To File For Bankruptcy

PYMNTS

After struggling for years with decreasing sales and mall traffic, Bon-Ton Stores has filed for bankruptcy. The retailer said it voluntarily filed for Chapter 11 bankruptcy protection in Delaware and is exploring a sale, Fortune reported. Before the announcement, Bon-Ton announced it would shutter 40 out of its 260 brick-and-mortar stores across its various brands.

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Corporates Go For The ā€˜Coopetitionā€™ Model Of Blockchain

PYMNTS

Corporates are now in a race to develop and deploy blockchain tools ā€” and sure, part of the momentum behind that effort is the recognition that blockchain technology can lead to greater efficiency and speed in an array of business processes. But much of that effort is also due to the heightened sense of competition and urgency: The ability to tell stakeholders and industry rivals that blockchain is, in some way, already in use within an organization can certainly provide a competitive edge.

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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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Purchase Order Matching Is A Sign Of Maturity

PYMNTS

Not every organization is diligent about matching purchase orders (POs) with invoices when handling supply chain payments and accounts payable (AP). A PO matching process ensures that a PO has already been established and approved for the vendor before an invoice is even received, so that, when the invoice arrives, the organization can guarantee itā€™s paying out the correct amount and not overspending.

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Half Of Quick Service Restaurants (QSRs) Offer In-Store Pickup For App Orders

PYMNTS

To run a popular burger restaurant, itā€™s not enough to simply have a good grill and a fresh beef patty. With advances in technology, what happens online ā€” outside the kitchen ā€” can make a good restaurant experience a great one. At Shake Shack, for example, CEO Randy Garutti is focusing on new digital options to make his customers leave his restaurant feeling satisfied.

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Voice: A Growing Piece Of The Omnicommerce Pie

PYMNTS

If a customer wants some red Nike running shoes in size 11, he can use his web browser or phone to navigate to Nikeā€™s website, find the shoes, choose the color and select a size ā€” or he can just say, ā€œAlexa (or Google, or Siri), I want some red Nike running shoes in size 11.ā€. Itā€™s clear that the natural language approach is a much faster way to get the desired result, and consumers are figuring that out: Alpine.AI CEO and Co-Founder Adam Marchick said the companyā€™s analytics have been showing a

Retail 48
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In Battling Identity Fraud, Finding Digital DNA And The`(Synthetic ID) Devil Behind The Details

PYMNTS

Digital DNA. Perhaps the last and best hope in the battle against ID fraud ā€“ the kind that brings ruin to credit reports and billions of dollars in losses to card companies and merchants. News Monday that the Consumer Financial Protection Bureau has walked back from a full-tilt investigation into the Equifax breach brought to mind the personal data of hundreds of millions of people that is now floating across the Badlands of the Dark Web.

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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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Building A Better Lending Model To Serve SMBs Who Served

PYMNTS

According to the Small Business Administration , of the 28 million U.S. SMBs, roughly 2.5 million, or 9.1 percent, are owned by veterans of the United States Armed Forces. Those firms, according to the same SBA report, had an annual payroll of $195 billion, receipts of $1.14 trillion. And, because vet-owned firms employ about five people each, they are responsible for creating 12.5 million jobs.

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Seven US States Seek To Simplify FinTech Licensing

PYMNTS

Reuters reported news on Tuesday that banking regulators from seven states across the United States are working to, as the newswire reported, ā€œstreamlineā€ the FinTech reporting process, with an eye on those tech firms having an easier road toward offering their products and services across the nation. The Conference of State Bank Supervisors (CSBS), through which these states are working, said Tuesday that seven states ā€” which include Georgia, Illinois, Kansas, Massachusetts, Texas, Tennessee an

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Team USA Launches Omnichannel Strategy For Olympic Retail

PYMNTS

With the PyeongChang 2018 Olympic Winter Games not too far away, itā€™s high season for Team USA merchandise. Fanatics , a company that sells Team USA merchandise, has taken a novel approach to Olympic retail this year with a physical store in a major U.S. city. The store marks a milestone for Team USA: Itā€™s their first in-person retail store outside the Olympic Training Center in Colorado.

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Ledger Wallet Vulnerability Can Dupe Users Into Sending Cryptocurrencies To Hackers

PYMNTS

After a report indicated that a bug in Ledger Wallet ā€™s software could allow users to be duped into sending cryptocurrency to hackers, the hardware wallet company took to Twitter to remind customers to be careful when transferring digital coins. Ledger told users to ā€œalways verify [their] receiv[ing] addressā€ on their screen at the bottom of each transaction, TheNextWeb reported.

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

Speaker: David Warren and Kevin Oā€™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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Rebirth Of Malls: Anchor Stores To Become Destinations For Experiences

PYMNTS

In the future, consumers will come to malls ā€” but they may not come to a large department store with a savings pass in hand. They will be seeking to rewind, relax ā€” and not necessarily search for the latest fashions. As a result, malls and retailers have to rethink how malls are set up and designed. ā€œThe key is to control the shopperā€™s journey and direct the consumer to the proper place, and malls will transition from anchors to attractions,ā€ A.T.

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ā€˜The Market @ Macyā€™sā€™ Pops Up

PYMNTS

As department stores reconsider their real estate and business models, Macyā€™s is testing out pop-up stores in 10 cities ā€” from Las Vegas to New York ā€” in a new concept named ā€œThe Market @ Macyā€™s,ā€ CNBC reported. Through the program, brands can pay a one-time fee for a space on Macyā€™s first floor to advertise or sell their products while retaining all of their sales.

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Majority Of Consumers Want Digital Coupons, Rewards From Grocers

PYMNTS

H-E-B is not only the neighborhood grocery store for many communities in Texas: Itā€™s also an eCommerce retailer with digital features to better reach its customers. The grocer has brought curbside pickup to cities such as San Antonio, Waco and Houston, while rolling out delivery from Shipt and Instacart. The grocer has also expanded its business beyond its borders to serve Texans that have moved to other states but want comfort food from home.

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Tovalaā€™s Ovens And Meal Kits Get Investment From Tyson Foods

PYMNTS

Chicago-based startup subscription service and steam oven creator Tovala has received new funding from Tyson Ventures , the investment arm of food giant Tyson Foods, according to a Tuesday (Feb. 6) TechCrunch report. The exact amount of the funding was not disclosed, but Tysonā€™s investment appears to have been earmarked to finance collaborations on Tyson-branded meals through the Tovala meal prep subscription service offering.

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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 clientā€™s needs.