Sat.Feb 08, 2020 - Fri.Feb 14, 2020

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Farming’s AI, Data Driven (And Vertical) Tech Revolution

PYMNTS

Farming has been around for thousands of years – tens of thousands of years, perhaps, according to some estimates. And it is a labor-intensive, resource-intensive and time-consuming endeavor. Consider the fact that, as measured by the Water Footprint Network, it takes about 26 gallons to make one pound of tomatoes, and 67 gallons of water to produce one pound of oranges.

Marketing 113
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6 Steps in Growing Your Business

Adam Kae

If you’re reading this, you’re interested in learning about how to grow your business. Lucky for you, that’s our specialty here at Adam Kae & Associates ! Whether you’re a business or nonprofit organization, big or small, or local or remote, we can help you guide your business toward financial success. We love putting things into easy step-by-step processes for you, so we’ve come up with 6 steps in growing your business!

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Trending Sources

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Expectations of CFOs in 2020

Future CFO

Investopedia. says the chief financial officer (CFO) is responsible for managing the financial actions of a company. His or her duties include tracking cash flow and financial planning as well as analysing the company's financial strengths and weaknesses and proposing corrective actions. Robert Half adds that these days the CFO is also expected to offer strategic recommendations to the CEO and members of the executive management team.

CFO 52
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McKinsey: Global treasuries still adopt “penny wise, pound foolish” approach

CS Lucas

Recently, I had come across a 2011 article published by McKinsey and Company titled “Five steps to a more effective global treasury”. It found that nearly half of the companies surveyed with less than $10 billion in revenue still used spreadsheets as their primary treasury system. This 2011 survey result is worth revisiting as sadly, little has changed and the findings are still relevant.

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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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The Big Spike In ‘CEO Fraud’

PYMNTS

According to the 2019 edition of the FBI’s Internet Crime Report , last year was both a lucrative and diverse year for cybercriminals and scammers. All in, the FBI’s Internet Crime Complaint Center (IC3) received a total of 467,361 complaints, with reported losses exceeding $3.5 billion. As for the scams themselves, those varied widely both in terms of tactics and targets.

Invoicing 101

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A slowing economy: What CFOs can do with other C-level execs to mitigate risks and impacts

Future CFO

World leaders have been direct about global economic prospects. They’ve left us in no doubt. Just refer to IMF’s incisive statement that the global economy is in a synchronised slowdown , and the assessments of slow economic growth by the World Bank and World Economic Forum. From a corporate perspective, many CEOs and CFOs are experienced in. dealing with economic slowdowns, given the Asian Financial Crisis of. 1997 and Global Financial Crisis of 2007/08.

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Opportunities Abound in Asian Treasuries

CS Lucas

Asia is booming, and it is not just Asian companies but also global companies with operations in Asia. Regular readers of Singapore’s leading daily business publication, The Business Times, will recall an article published earlier in July discussing survey results from PricewaterhouseCoopers’ inaugural Asian-focused treasury survey. Key findings which raised a few alarm bells include the following: While 66% of respondents were exposed to commodity risk in varying degrees, more than a third are

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Uber Co-Founder Kalanick Supports Expansion Of 3D-printed Hotel

PYMNTS

Uber co-founder Travis Kalanick is joining other investors in funding the expansion of the 3D-printed hotel concept Habitas , the Financial Times reported on Sunday (Feb. 9). An idea hatched at the Burning Man desert arts festival, the experience-focused hospitality group Habitas was founded in 2014 by Oliver Ripley, Kfir Levy and Eduardo Castillo. .

Startups 101
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Decoding Private Equity Performance

CFA Institute

What does a solution to the private equity performance puzzle look like?

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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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Moody's : Asian Liquidity Stress Indicator weakens for third consecutive month

Future CFO

Moody's Investors Service recently said that its Asian Liquidity Stress Indicator (ALSI) weakened further to 32.7% in January 2020 from 31.8% in December 2019, reflecting weakening across all sub-indicators except China property. . The ALSI measures the percentage of high-yield companies with Moody's weakest speculative-grade liquidity score of SGL-4 as a proportion of high-yield corporate family ratings.

Banking 40
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An App Store for Enterprise-systems, a Reality?

CS Lucas

Looking at the ubiquity of smart-phones and the high level of functionality available through apps, we are exploring how enterprise-systems may evolve. If an ideal framework exists whereby stand-alone features can be simply plugged in, this would replace customization. Just like installing an app to a phone. Imagine it on an enterprise-system. The process should be fast and fuss-free.

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Revolut Starts Open Banking Service For UK Customers

PYMNTS

Revolut has announced a new Open Banking feature that will allow customers to access all their bank accounts on a single app. The move will make everything easier and more efficient in dealing with people’s finances, according to a press release. For example, the new feature will make it easier for customers to track spending across all their accounts, and allow them a way to budget if they choose.

Banking 100
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Wells Fargo Invests $5M In Blockchain Analysis Startup Elliptic

PYMNTS

Wells Fargo Strategic Capital (WFSC) is backing the London-based blockchain analysis firm Elliptic with a $5 million investment, bringing the startup’s Series B round to $28 million, Elliptic announced in a press release on Thursday (Feb. 13). . WFSC joins existing investors SBI Group and Santander InnoVentures. The funding will enable Elliptic to expand across Asia and collaborate with financial institutions for an increased understanding of the cryptocurrency ecosystem.

Startups 100
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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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PayPal And FIS Team On Loyalty Points Redemption

PYMNTS

FIS and PayPal have expanded their partnership so that cardholders of institutions participating in the FIS Premium Payback network can use their rewards points to pay for things at PayPal merchants all around the world, according to a press release. . This new integration means that FIS is the first non-bank payment processor to sync up with PayPal’s Pay with Rewards.

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How Dynamic Supply Chain Analytics Smooths Cash Flow

PYMNTS

Supply chain management has always presented a challenge for global corporates, with digitization and automation technology aiming to reduce friction and enhance visibility. A surge in supply chain technology available — from freight management portals to IoT sensors — also expands a value-add opportunity for corporate end users: All this digitization generates a flood of potentially valuable data that organizations can use to optimize their supply chains, as well as better meet the needs and ex

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Fiat Chrysler To Debut Robot Taxis In China

PYMNTS

Fiat Chrysler , in partnership with Chinese-based AutoX , wants to launch robo-taxis in China later this year, according to an announcement. The automobile maker, one of the “Big Three” in Detroit, has been casting a wide net for autonomous vehicle tech, and wants to keep pace with rivals in Detroit. Hong Kong’s AutoX said it plans to integrate self-driving vehicle tech into a fleet of Chrysler Pacifica minivans — the same vehicle that Waymo , Alphabet’s subsidiary known

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Is No-Factor Authentication Digital Security’s Future?

PYMNTS

For a great example of an attempt at security that does much more to annoy legitimate consumers than to actually fend off fraudsters, look no further than CAPTCHA. Though not quite as ubiquitous as it was a few years ago, the challenge-based verification tool asks users to prove their non-bot status by identifying every photograph with a crosswalk, or pinpointing a number drawn crudely in crayon, or completing any number of familiar visual puzzles that are theoretically easy for a human to solve

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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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Fingopay Successfully Uses Vein Biometrics For Bank-To-Bank Payment

PYMNTS

Biometric VeinID platform Fingopay announced that it is launching an Open Banking retail pilot with Reflow , a payments firm. The partnership has allowed the companies to create a bank-to-bank, face-to-face VeinID payment, according to Fingopay , enabling customers to make payments with just the swipe of a finger. With the program, retailers and merchants will be able to handle bank-to-bank transactions, which will reduce costs and allow settlements within three hours, rather than the usual thre

Banking 97
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Mexico To Tax Digital Services From Other Countries

PYMNTS

Mexico passed a law this week that taxes digital services from other countries, according to a report. A 16 percent value-added tax (VAT) will be tacked onto digital services starting on June 1 of this year. The law will apply to all services, even B2B transactions. The tax will cover all online applications, including video, audio streaming, images, education and others.

B2B 95
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Inside The Fight For Digital Driver’s Licenses

PYMNTS

Biometric digital identity verification solutions are becoming more and more commonplace thanks to their implementation in everyday devices like smartphones and fitness wearables. Approximately 800 million facial recognition-equipped mobile devices are expected to be in circulation by 2024, in fact, with an additional 4.6 billion smartphones equipped with fingerprint recognition in the same timeframe.

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NCR: How Platforms Enable Banks To Be ‘Digital-First’ Fast

PYMNTS

To bring digital transformation to banks, and to help them bring their assets to the “digital-first” consumer, look to the platform. In an interview with Karen Webster, Douglas Brown, senior vice president and general manager of NCR Corporation , said the growth of mobile banking adoption and financial inclusion means traditional financial institutions (FIs) must re-examine how they deliver new services across the connected economy, how they partner with other firms and even how they can bring

Banking 92
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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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SilverCloud On How FIs Can Offer SMBs A ‘Consumer’ Banking Experience

PYMNTS

Customer service is the lifeblood of financial services, just as much as credit cards, debit cards and checking accounts. But as banking becomes ever-more mobile, and account openings and activities are done through digital channels, the very definition of support – and how it should be provided – is changing. To that end, SilverCloud CEO and Founder Scott Cornell said that financial institutions (FIs) would do well to take cues from shifts in consumer expectations of the levels of service they

Banking 91
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Santander Hires Ex-Apple Exec To Head P2P Payments

PYMNTS

Banco Santander announced that it has hired Trish Burgess, formerly of Apple, to head up its peer-to-peer (P2P) payments department, according to a release. Burgess will lead strategy and development of the department, and will bring “new payment services to customers that are fast, simple and safe to use,” per the company. Burgess will work under Chirag Patel, Santander ’s global head of digital payments, and she will become part of the bank’s global payments and digital team.

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Uber Targets Senior Riders With Phone Booking Service

PYMNTS

Uber is launching a new telephone booking service aimed at older consumers in the U.S. who might not use the internet on their phones, according to a report by VentureBeat. The service is starting in Arizona, where users can call 1-833-USE-UBER to speak with a live representative. The phone doesn’t have to be a smartphone, but it does need to be able to text so a person can get messages about ETAs, car details and a receipt for the ride.

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New Payment Rails Take On Real-Time B2B Friction

PYMNTS

The latest data from Nacha found a new record-high growth rate for adoption of ACH payments , with B2B payments showcasing a surge in adoption of the legacy payment rail that has recently turned to technologies that can augment the service, from the movement of transaction data with an ACH payment to the deployment of Same Day ACH. Yet this week’s look at payment rail innovation finds that many players in the B2B space are turning to develop new payment networks and services infrastructure

B2B 89
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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.