PYMNTS
NOVEMBER 8, 2017
When it comes to business, it’s no secret the competition is fierce. But in an increasingly interconnected world, even competing companies need to collaborate. Rival banks and financial institutions (FIs) need to work together to serve customers and transfer money between banks. Car dealers need parts from competing suppliers and manufacturers to keep repair shops and vehicles running without a hitch.
Anaplan
NOVEMBER 10, 2017
Today’s sales environment is being radically transformed by new and disruptive technologies. In a recent webinar, “The future of sales and how big shifts will impact your sales organization,” I joined principal Brandon Kulik and senior manager Simmi Mehta from Deloitte Consulting LLP’s sales force effectiveness practice to discuss key technology disrupters and their consequences. read more ?.
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PYMNTS
NOVEMBER 7, 2017
Those who are fortunate enough to have access to credit often take it for granted. Imagine if your car broke down, your child needed school supplies or your father passed away and you couldn’t afford the funeral, but banks didn’t want to work with you because you either had bad credit or none at all. What would you do? Many would turn to family or friends for an informal loan, while others would be too proud to do so.
PYMNTS
NOVEMBER 8, 2017
Pundits prophesy a cashless society — and indeed, vast swaths of consumers are migrating to digital and mobile channels for many of their banking needs, as shown by a decline in the number of brick-and-mortar retail bank branches. Viewing account balances, paying bills or depositing checks are now as easy as tapping or swiping and a quick thumbprint scan on the consumer’s mobile device.
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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PYMNTS
NOVEMBER 6, 2017
With procurement becoming a more strategic unit within the enterprise, much of its power comes in the form of spend management, savings and bottom-line benefits. But, according to eProcurement and spend management company Proactis , organizations can only wield that power within the procurement function if it communicates with the finance department — and, Proactis found in a recent survey, that’s only happening part of the time.
Corporate Finance Brief brings together the best content for corporate finance professionals from the widest variety of industry thought leaders.
PYMNTS
NOVEMBER 9, 2017
Square continued its 2017 run of earnings strength with the release of its latest quarterly results on Wednesday (Nov. 8), notching growth in both payments volume and services revenue that came in ahead of analyst expectations. But shares were still down 1.3 percent in after-hours trading, as investors seemed to take something of a step back from a year that has seen Square’s stock price expand by leaps and bounds. “The main problem is that with the stock up 169 percent year to date, being
PYMNTS
NOVEMBER 7, 2017
Citi’s Treasury and Trade Solutions is bringing its accounts receivable (AR) Payer ID solution to more markets around the globe. The financial institution (FI) announced news on Monday (Nov. 6) that Payer ID is now available in 44 countries, as Citi brings the B2B payments tool across North America and Western Europe. The accounts receivable solution enables companies to gain visibility into incoming payments for greater working capital management, Citi explained.
PYMNTS
NOVEMBER 9, 2017
The era of ascendant digital channels has come with a concurrent war on paper. Why write a check when you can swipe a card (or tap your phone)? Why mail a customer a coupon when a quick email is cheaper to get out and just as usable to the consumer who collects it? But, as the team at Dermstore has spent the last six months learning, sometimes an old school, paper-based solution is just what the doctor ordered, particularly if the disease is cart abandonment.
PYMNTS
NOVEMBER 6, 2017
When October rolls around each year, millions of people in the U.S. and other parts of the world turn out in droves to buy costumes, decorations, pumpkins and candy for a fun and scary Halloween. But October also happens to be a time when financial institutions and businesses prepare for situations much scarier than ghosts and goblins in search of tricks or treats.
Advertiser: Paycor
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PYMNTS
NOVEMBER 8, 2017
While we at PYMNTS.com would never applaud crime, we do have to credit Cheyenne Amber West of Fort Pierce, Florida, with boldness for her recent attempts to scam Walmart of more than $1,800 in consumer electronics. Boldness, but not brains, because while we can’t help admitting it was gutsy of her to try and slip nearly $2,000 in merchandise past self-checkout while only actually ringing in $3.70, it really wasn’t a very well thought-out plan.
PYMNTS
NOVEMBER 8, 2017
Ethereum , the competing digital currency to bitcoin , was dealt a blow on Tuesday (Nov. 7) when a vulnerability in a cryptocurrency wallet froze as much as hundreds of millions of dollars. According to a news report in TechCrunch , Parity Technologies – which makes the hugely popular wallet Parity – said an issue could cause the contents of the wallets to be erased.
PYMNTS
NOVEMBER 10, 2017
Add Goldman Sachs CEO Lloyd Blankfein to the list of people who aren’t fans of bitcoin. In an interview with CNBC , Blankfein said that “maybe bitcoin is a kind of a bubble,” adding: “I don’t like it. I’m not comfortable with it. I’m kind of an old dog to be absorbing that kind of a new trick.” Last month, Goldman Sachs compared key characteristics of gold and bitcoin, and revealed that when it comes to being assessed on the majority of the key character
PYMNTS
NOVEMBER 9, 2017
PayPal announced that it has launched domestic operations in India, which means it will be taking on China’s Alibaba-backed Paytm , the country’s leading digital payments firm. According to a Reuters news report, the government of India’s push for cashless transactions is leading more people to use e-wallets and card payments. “India is transitioning away from our biggest competitor – cash – and our digital platform and technology has immense scope to enable this at scale,” said Anupam Pah
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
PYMNTS
NOVEMBER 7, 2017
Wells Fargo said Monday (Nov. 6) that it had forged agreements with two firms to help reconfigure the data exchange models that exist to share customer information with third-party services. As noted in a press release, Wells Fargo has partnered with PointServ and Expensify, which operate in the mortgage and business expense reporting spaces, respectively.
PYMNTS
NOVEMBER 6, 2017
Mastercard announced news late last week that it named Jeanne Tisinger a senior advisor for cybersecurity. In a press release , the payments company said that in the role, Tisinger will contribute to the implementation and expansion of the company’s security strategy and public policy initiatives. Tisinger will also add to programs focused on enhancing current and future talent in these areas.
PYMNTS
NOVEMBER 9, 2017
Visa , the payments company, announced news on Wednesday (Nov. 8) of the introduction of three commercially available wearable payment devices for the Olympic Winter Games PyeongChang 2018. In a press release , Visa, the exclusive payment technology partner of the Olympic and Paralympic Games, debuted three wearable payment devices, including NFC-enabled payment gloves, commemorative stickers and Olympic pins.
PYMNTS
NOVEMBER 10, 2017
For any organization with an attitude of, “It can’t happen to me,” here’s a wakeup call: Corporate fraud is common and on the rise. Earlier this year, researchers at the Association for Financial Professionals found that instances of check fraud and Business Email Compromise scams increased between 2015 and 2017, with fraud originating both within and outside the enterprise.
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.
PYMNTS
NOVEMBER 7, 2017
When it comes to employee spend management, innovations often circle around the business trip, tackling challenges like a lack of visibility and control over how employees spend corporate money while away from the office. It’s this environment that has given rise to the virtual card as one of the most promising payment technologies for corporates.
PYMNTS
NOVEMBER 9, 2017
In a world of evolving technology and instant offerings, financial institutions (FIs), cybersecurity providers, merchants and consumers must all remain aware of the innovative solutions popping up around them — and the bad actors looking to take advantage. Today in PYMNTS’ data, FIs are offering same-day credit transfers to businesses, Square’s loans have reached record highs, U.S. adults want easier access to registration systems for outdoor activities, more households than ever are turning to
PYMNTS
NOVEMBER 8, 2017
Friction abounds in the world of B2B payments, especially amid international payments across far-flung supply chains. Streamlining the flow of information sent along with funds remains critical, but doing business in different countries carries a set of procedural, administrative and security hurdles that demand new ways of interaction. To that end, SWIFT debuted its global payments innovation initiative (gpi) earlier this year, a solution which looks to boost the infrastructure underpinning the
PYMNTS
NOVEMBER 6, 2017
The Social Security number (SSN) was never meant to get this much attention. It was never meant to be shorthand for, well, you – proving that you are who you say you are, serving as a gateway to all manner of sensitive data and, of course, financial accounts. Yet those nine numbers have become a standard bearer for identity verification, a gold mine for fraudsters – maybe rendered moot by the huge breaches at Equifax and other companies.
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.
PYMNTS
NOVEMBER 7, 2017
With the cybersecurity threat constantly looming and, in many instances, growing for corporations, a new report from Kaspersky Lab suggests businesses shouldn’t necessarily rely on their IT departments to safeguard their firms. That’s because many IT security professionals themselves are at a loss for how to protect the enterprise against targeted cyberattacks, researchers concluded in Kaspersky’s “ New Threats, New Mindset: Being Risk Ready in a World of Complex Attacks ,” released last week.
PYMNTS
NOVEMBER 7, 2017
U.K. suppliers could lose a lot of business from their EU corporate clients, according to a new survey by the Chartered Institute of Procurement & Supply (CIPS). As reported in The New York Times on Monday (Nov. 6), the CIPS survey found that 63 percent of non-British EU companies say they plan to remove at least part of their supply chains from the U.K.
PYMNTS
NOVEMBER 10, 2017
Two weeks before Black Friday, Walmart is already preparing and hoping to get shoppers thinking that way as well. In a Thursday (Nov. 9) announcement, Walmart released news that its U.S. stores would be rolling out color-code in-store sections for various types of goods during the Black Friday crush of shoppers, Reuters reported. The goal of the color-coded Black Friday initiative is to make it easier for customers to visually navigate the store and snap up deals as they become available.
PYMNTS
NOVEMBER 8, 2017
It seems AmazonFresh is past its expiration date in certain markets. In case you missed it: The eCommerce giant announced on Friday (Nov. 3) that it would be phasing out the grocery delivery service in parts of New Jersey, Pennsylvania, Delaware, Maryland, California, New York, Connecticut, Massachusetts and Virginia. More specifically, it’s phasing out service in suburban areas.
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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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