Sat.Oct 31, 2020 - Fri.Nov 06, 2020

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A weaker US Dollar, but a EUR at an uncomfortable level too…

Simply Treasury

When we address the issue of the appropriate level of the USD/EUR currency pairs, it is difficult to assess the right level it should reach. However, at the moment, for COVID crisis reasons, we believe, USD is weaker. Does it help the European economies also facing tough times? I guess not…. A weak(er) Dollar strengthens abnormally a EUR that intrinsically seems weak as well.

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Personalizing — Not Just Digitizing — The B2B eCommerce Experience

PYMNTS

As the B2B commerce landscape innovates, it is continually after that "Amazon-like" experience forged in the consumer commerce world. But for B2B vendors and suppliers, the unique needs of corporate customers cannot be ignored, making a consumer-like buying experience particularly complex. Pricing and payments are two key areas that tend to look vastly different in the B2B world than in the consumer arena.

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Once Upon a Time in Financeland: How Storytelling Helps FP&A Succeed

Jedox Finance

This week, Mohamed ElRouby and Anders Liu-Lindberg carry you away into Financeland, where they make a case for storytelling in Finance, and how it helps in succeeding as a business partner for all stakeholders. Stories. They’re what bind all of us together because everyone likes and can understand a good story. When we were kids and our parents had to calm us down after a long day or when going to bed, they would read us stories.

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People Moves: Executive promotions at AAC Technologies, Singapore Kitchen Equipment

Future CFO

Hong Kong-listed AAC Technologies Holdings Inc. has appointed Ms. Guo Dan — its current Senior Vice President, Group Finance — as CFO of the company. Aged 37, Guo has more than 13 years of investment banking experiences. She previously served as Executive Director of Goldman Sachs (Asia) L.L.C. Singapore-listed Singapore Kitchen Equipment Limited has named Ms.

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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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General trends in TMS solutions

Simply Treasury

TMS’s have evolved over time and especially the last couple of years with a huge jump in technologies. Treasurers are wondering how TMS can help further modernizing the finance function in the coming years. How to best choose your IT treasury solution in a complex and competitive environment? What are the general trends we saw in the industry? These are the questions the article will try to answer to.

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Finding the Right Office Manager

Adam Kae

Hint: It's not your top-performing nurse! Hey Doc, we see you! You're saving lives, running a business, and trying to catch your breath! How is your office manager helping? More importantly, WHO is your office manager? Is this you? It's common practice to promote your highest-performing nurse to be your office manager. This is especially true in small practices where everyone wears a few hats.

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How Can the Main Street Lending Program Help Your Business?

CSC Advisors

If your business is struggling during the ongoing pandemic, you still have options for economic relief. You don't have to be worried about how you are going to keep your business open and retain employees. Continue reading to learn everything you need to know about the Main Street Lending Program and how it can help your business in these uncertain times.

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Understanding and achieving a healthy cash flow [Part 4/4]

Creative CFP

The cash flow statement is the final piece of the puzzle when it comes to the monthly management reports that we prepare here at Creative CFO. This is without a doubt one of the most important and often overlooked financial reports within the monthly report pack. The cash flow statement in context The profit and loss statement, discussed in an earlier blog, provides information on the revenue and expenses over a certain period of time.

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Onyx CEO On Blockchain, The JPM Coin And Simplifying Payments

PYMNTS

From concept to pilot to corporate payment game changer. Umar Farooq , CEO of J.P. Morgan ’s Onyx , told Karen Webster that peer-to-peer (P2P) private blockchain networks can help streamline information flows tied to cross-border payments and remove the complexities tied to legacy systems. The conversation took place against the backdrop where, late last month, J.P.

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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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ESG and Fixed-Income Indices Surge in 2020

CFA Institute

Market indices have seen constant evolution in more than a century of history, but never more so than in the last year.

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A Complete Guide to Economic Injury Disaster Loans

CSC Advisors

Money is exactly what makes your business a success. If it wasn't for your sales, you wouldn't be able to pay your employees and you wouldn't be able to keep your business afloat. During uncertain economic times, you may find that your business is struggling with major monetary loss. With an economic injury disaster loan, you can get your business back on track.

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How organisations can enhance revenue management strategies

Future CFO

There is a six-step process that management accountants can adopt to improve organisations’ revenue management strategies, said the Institute of Management Accountants (IMA) recently. In its new Statement on Management Accounting (SMA), “Revenue Management Fundamentals,” the IMA describes the key ways management accountants can strengthen and accelerate the revenue management strategy and systems across all types of competitive organisations and industries.

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Airports Expand Range Of Digital Identity Technology

PYMNTS

Among the segments affected by the pandemic, air travel remains near the top of the list when it comes to industries that have been hard hit. And hopes for recovery have been dimmed as of late by the recent uptick in COVID-19 cases, which has further dimmed prospects for consumers regaining their enthusiasm or flying the friendly skies. In the last week, in the midst of rising EU cases , airline giant IAG — owner of British Airways , Iberia and Vueling — has officially scaled back its fourth qua

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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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Larry Fink on the “Long-Termism of Humanity”

CFA Institute

"This is the beauty of humanity: We adapt, we evolve, we move forward,” Larry Fink says.

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Today In Digital-First Banking: Zelle Exceeds 1B P2P Payments; China’s Digital Yuan Tests Process 4M+ Transactions

PYMNTS

In today’s top news in digital-first banking, digital payments network Zelle crossed over the one-billion transaction mark, while China’s tests of a digital yuan have processed over four million transactions. Plus, Bloomberg clients will now have the capacity to use the company’s terminal to look at Credit Benchmark’s risk data. Zelle Says P2P Payments Top One Billion Transactions.

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Trulioo: Dramatic Fraud Spike Threatens Secure Digital Future

PYMNTS

A massive spike in fraud of all kinds has taken businesses by surprise and left them scrambling for solutions, Trulioo Chief Operating Officer Zac Cohen told Karen Webster in a recent conversation. It’s a testament to how fast the ground has moved beneath them, he said. It’s not that these entities didn’t have protection in place and weren’t thinking about the issue pre-COVID.

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Visa’s Phalen: Better Collaboration Will Push B2B Payments Into The Digital Age

PYMNTS

To remove the frictions inherent in B2B transactions, there will be no one rail to rule them all to connect corporates as they transact. But in pursuit of the ultimate goal of bringing buyers and suppliers together more seamlessly, there are many ways to get there. Tech-driven Interoperability and collaboration will finally bring trillions of dollars into the digital age, Kevin Phalen , head of global business solutions at Visa , told Karen Webster in a recent interview.

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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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Prop 22: California Voters Side With Uber And Lyft, Nix AB 5 Gig Worker Law

PYMNTS

California voters passed Proposition 22, which exempts tech platforms like Uber, Lyft, and DoorDash from state law AB 5, which forced them to reclassify gig workers as employees, according to a Wall Street Journal report on Wednesday (Nov. 4). The three app-based tech companies were joined by Postmates and Instacart in the financial support of Proposition 22, which upholds the independent contractor status for gig economy workers.

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Tradologie Launches Global B2B Platform In India

PYMNTS

India's Tradologie is looking to make the country a "self-reliant and self-sustaining powerhouse" through a B2B platform that facilitates uninterrupted trade for both local and foreign parties. According to a press release , the company is revamping the usual B2B processes by cutting the costs of commodities for the buyer in real time, so "more gets done in less time while using fewer resources," which has the effect of making the price visible while the deal is still on.

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China's Tests Of Digital Yuan Have Processed 4 Million Transactions

PYMNTS

People’s Bank of China (PBOC) Governor Yi Gang said the pilot program for digital yuan has gone well, with over 2 billion yuan ($299 million) used in over 4 million transactions, Bloomberg reported. The trial was rolled out in four cities earlier this year. Yi, speaking at Hong Kong FinTech Week on Monday (Nov. 2), said that FinTech companies have some "key advantages" over traditional banks in terms of developing a customer base and curbing risk.

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Netspend CEO On Making The B2B Pivot

PYMNTS

Changing course isn’t an easy thing for businesses to do, particularly when it's a big change like shifting focus from providing services direct to consumer (D2C) to taking on a B2B model. But for prepaid debit card firm Netspend — which spent much of the past year making just such a transition — the challenge wasn’t as much a matter of changing technology as it was of changing the company’s mindset.

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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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LendingClub Q3 Loan Volume Snaps Back 80 Pct

PYMNTS

LendingClub , the country’s top provider of personal loans, said in earnings results Wednesday (Nov. 4) that demand for borrowing snapped back 80 percent in the third quarter, while the performance of its pre-pandemic portfolio continued to be resilient. The San Francisco-based loan marketplace operator also said it’s well-positioned to navigate the current environment and complete the acquisition next year of Radius Bancorp , which LendingClub management called its “top strategic priority.”.

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FIS: Contactless Payments, Curbside Pickup Will Become Digital-First Necessities

PYMNTS

The COVID-era embrace of curbside pickup will not only be around long after the pandemic, but could be just the thing that convinces more and more consumers to make the digital leap. After all, Norm Marraccini , senior vice president of digital payments, ACH and RTP at FIS , told Karen Webster in a recent Masterclass interview that the formula is pretty simple: “We pull up.

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Visa: Payments Innovation Spans The Point Of Sale Continuum

PYMNTS

Innovating on the point of sale (POS) for consumers isn’t a one-shot deal. Visa North America Senior Vice President and Head of Product Brian Cole told Karen Webster that when the topic is POS innovation in late 2020, innovation spans an entire continuum from card-not-present to card-present transactions and everyplace in between. Because over the last six months, the consumer commerce journey has changed quite widely.

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Real-Time Payments Steps Up To Fulfill Demand For Faster Funds

PYMNTS

To paraphrase the movie “Top Gun” … “We feel the need … the need for speed.” The payments ecosystem now prizes quickness above all things in a time of cash flow shortages, where each paper check takes an eternity — assuming it arrives at all. Clearly, paper checks aren’t cutting it anymore. We’ve evolved. It’s time to embrace it, especially for financial institutions (FIs) and adjacent players that intend to stay relevant in this market.

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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.