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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 Ripple’s xCurrent enterprise blockchain tool to process real-time payments coming into China.
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 ?.
Being a program manager isn’t easy. Essentially, it means handling everything other than card issuing, authorization and transaction processing. If it’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.
Daimler’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 didn’t provide other details, reported Engadget, but did offer up more of a timetable for the initiative.
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.
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.
Can predicting the future help retailers and other organizations avoid negative outcomes? It’s not just a thought exercise: By analyzing the past, organizations can shape the future they want to see, starting with creating the best possible user experience. Those who don’t know history are doomed to repeat it, and all that. Customer churn doesn’t have to be a total loss.
Can predicting the future help retailers and other organizations avoid negative outcomes? It’s not just a thought exercise: By analyzing the past, organizations can shape the future they want to see, starting with creating the best possible user experience. Those who don’t know history are doomed to repeat it, and all that. Customer churn doesn’t have to be a total loss.
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. They’ve been installing camouflaged skimmers on ALDI credit card terminals right in front of surveillance cameras.
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.
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 currency’s launch). With so many ICOs underway, one might say the cryptocurrency space has quickly grown oversaturated – or at the very least, overwhelming.
Frozen food didn’t kill the restaurant. Telephones didn’t kill human interaction. And eCommerce won’t kill brick-and-mortar retail. That’s L Brands CEO and Chairman Les Wexner’s theory, as reported by The Wall Street Journal , in the face of brick-and-mortar retail’s worst year ever. Around 7,000 stores closed their doors in 2017, among them Abercrombie & Fitch, CVS, Gymboree, J.
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.
This week, in honor of the Big Sizzle – Amazon’s announcement that it would be offering grocery delivery directly from Whole Foods – we thought we would give our readers a chance to take a special quiz. “ THUD”. The above is the sound of…. . The other shoe. dropping on Amazon’s August 2017 Whole Foods purchase. . . The stock prices. of Walmart, Kroger, Target and Publix all crashing at once. . .
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 company’s plan, TechCrunch reported the service is currently in beta tests. WhatsApp has opted not to make an official announcement yet because the service isn’t available on a wide basis. WhatsApp’s payment solution takes advantage of the Unified Payments Interface (UPI) in India and includes support from a handful of banks, including State Bank
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.
Corporates are now in a race to develop and deploy blockchain tools — 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.
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.
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 it’s paying out the correct amount and not overspending.
To run a popular burger restaurant, it’s not enough to simply have a good grill and a fresh beef patty. With advances in technology, what happens online — outside the kitchen — 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.
If a customer wants some red Nike running shoes in size 11, he can use his web browser or phone to navigate to Nike’s website, find the shoes, choose the color and select a size — or he can just say, “Alexa (or Google, or Siri), I want some red Nike running shoes in size 11.”. It’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 company’s analytics have been showing a
Digital DNA. Perhaps the last and best hope in the battle against ID fraud – 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.
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.
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.
Reuters reported news on Tuesday that banking regulators from seven states across the United States are working to, as the newswire reported, “streamline” 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 — which include Georgia, Illinois, Kansas, Massachusetts, Texas, Tennessee an
With the PyeongChang 2018 Olympic Winter Games not too far away, it’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: It’s their first in-person retail store outside the Olympic Training Center in Colorado.
After a report indicated that a bug in Ledger Wallet ’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 “always verify [their] receiv[ing] address” on their screen at the bottom of each transaction, TheNextWeb reported.
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.
In the future, consumers will come to malls — but they may not come to a large department store with a savings pass in hand. They will be seeking to rewind, relax — and not necessarily search for the latest fashions. As a result, malls and retailers have to rethink how malls are set up and designed. “The key is to control the shopper’s journey and direct the consumer to the proper place, and malls will transition from anchors to attractions,” A.T.
As department stores reconsider their real estate and business models, Macy’s is testing out pop-up stores in 10 cities — from Las Vegas to New York — in a new concept named “The Market @ Macy’s,” CNBC reported. Through the program, brands can pay a one-time fee for a space on Macy’s first floor to advertise or sell their products while retaining all of their sales.
H-E-B is not only the neighborhood grocery store for many communities in Texas: It’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.
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 Tyson’s investment appears to have been earmarked to finance collaborations on Tyson-branded meals through the Tovala meal prep subscription service offering.
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.
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