Sat.Nov 09, 2019 - Fri.Nov 15, 2019

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MoneyGram, Wing Team Up On Cambodian Digital Wallet 

PYMNTS

MoneyGram has announced a partnership with Cambodian bank Wing on a digital wallet venture that will allow funds to be deposited directly into customers’ accounts. “With 80 percent of our online transactions being made on a mobile device, we are looking to provide even more options for our customers using our digital platforms,” said MoneyGram President and CEO Alex Holmes.

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How to Calculate Your Renewal and Upsell Rate

The SaaS CFO

In the SaaS space, we talk a lot about the health of our recurring revenue. This comes in the form of churn and retention. And it makes sense, right? Macro level valuations of your SaaS business are based on a multiple of recurring revenue. But as an operator of your business or an investor in […]. The post How to Calculate Your Renewal and Upsell Rate appeared first on The SaaS CFO.

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Trending Sources

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Innovative China: New drivers of growth

Future CFO

After nearly four decades of rapid growth, China has entered a new normal of slower growth. The country will need to promote new drivers of growth to address its major economic challenges. Download The post Innovative China: New drivers of growth appeared first on FutureCFO.

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Enterprise Performance Management Software: Five Independent Market Studies with Real-world Customer Feedback

Jedox Finance

In this blog, we sort through five independent studies and sources that collect detailed feedback from a large number of actual Enterprise Performance Management software users. These surveys show customer satisfaction with vendors and their products.

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The Human Side of Finance: The Intersectionality of People, Culture, Adaptability, and Resilience

Speaker: Melissa Hurrington

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.

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Visa: Using AI To Separate The Good, Bad — From Billions Of Daily Transactions

PYMNTS

Three billion credit and debit cards. More than 100 billion transactions, worth more than $11 trillion. That’s the payments volume running over Visa ’s global network, a network whose vast global expanse is a tempting playground for cyberthieves. Visa’s cybersecurity team, as Chief Information Security Officer Sunil Seshadri told Karen Webster, also logs as many as 8 billion security events every day — that’s billion with a “b.

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How CFOs can mine big data

Future CFO

Rishi Mehra, financial controller Asia-Pacific at AON, observed that the amount of data organisations have created is huge. “We are applying artificial intelligence, machine learning, big data, to mine the data and make commercial use of it.”. The finance function of the digital economy is more than just a number cruncher. There is increased recognition that given the right set of tools and armed with real-time data, finance has the capability to initiate and lead transformative change to the wh

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Ad-hoc reporting

Jedox Finance

Fast, clear and yet precise. Ad-hoc reporting is a modern form of information exchange within a business or organization. As businesses are constantly changing, the questions that decision makers seek answers from in their data also changes. Subsequently, any reporting tools or systems must provide Ad-hoc reporting ability for the organization to be able to [.

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Nike To Pull Product Listings From Amazon

PYMNTS

Nike announced that it is parting ways with Amazon and will no longer sell its products on the eCommerce marketplace, ending a pilot program that began in 2017, The Wall Street Journal (WSJ) reported on Tuesday (Nov. 12). The sneaker and sports apparel company said it is going forge new retail partnerships and concentrate on its direct business. For many years, Nike opted out of an Amazon partnership due to concerns that it would weaken the brand.

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The Investment Case for Culture

CFA Institute

How can we meet the dual challenge of investor preferences and investment outcomes?

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Maximizing Profit and Productivity: The New Era of AI-Powered Accounting

Speaker: Yohan Lobo

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.

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How to improve productivity without stressing employees

Future CFO

While organizations are eager to improve productivity, they start to question their current ways of measuring it, said Hays recently. The Hays Journal reported recently that Deloitte analysis of International Labour Organization data shows productivity growth failed to beat the 3.9% peak it reached in 2006, before falling off sharply after the 2008 financial crisis.

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Reporting and Analysis – Decisive for Corporate Success

Jedox Finance

Reports and analytical assessments that answer relevant business questions serve as the foundation for companies to make fact-based decisions about their path forward. They help companies grow and increase profit and value. Reporting delivers mission-critical information and raises important questions. Analysis supports developing answers to these questions and offers direct recommendations for a course of [.

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Why The Future Of Brick-And-Mortar Isn’t About Sales

PYMNTS

In 2014, it was hard to pick up any article about retail and not end up reading an obituary for the mall. It was the peak of “the mall is dead, the physical store is over” narratives in American media, and the conventional wisdom among the forward-thinking was the future was digital commerce all the way down. That conventional wisdom, b8ta founder and CEO Vibhu Norby told PYMNTS in a recent conversation, was misguided — something that think-piece writers started to realize by 2017 or so.

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The Norwegian Oil Fund: An Embarrassment of Riches

CFA Institute

Knut Anton Mork shared his insights into the foundation, growth, and future of the Norwegian Oil Fund.

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Smarter Card Solutions: Meeting the Challenges of Mid-Market Travel & Expense

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.

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Employee benefit programs: Singapore firms face these challenges

Future CFO

Employers in Asia Pacific, including Singapore , are working towards transforming their employee benefit strategy to meet changing needs, said Willis Towers Watson. In Singapore, the primary benefit strategy challenges employers expect to face over the next three years are rising benefit costs (73%) and the differing wants and needs of a multi-generational workforce (66%), according to the company’s latest 2019/2020 Benefit Trends Survey.

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A Platform for Every Dynamic Plan Your Business Needs

Planful

You know what keeps finance up at night? Errors, inaccuracies, variables, unknowns, noncompliance — anything that falls outside of their highly-organized financial and regulatory requirements. That’s because finance is fundamentally structured. Financial planning is built around general ledgers, accounts, journal entries, cost centers, debits and credits.

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TikTok Enters eCommerce With In-App Shopping Links

PYMNTS

The popular video app TikTok is testing out a new feature that will give certain video creators the option to add links to videos for eCommerce purposes, according to a report by The Wall Street Journal. The move would allow the growing app to earn an additional stream of revenue outside of advertising. Right now, the new feature is only available to a few top creators.

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NEW REPORT: With 5G Anticipation Building, Security Threats Loom

PYMNTS

The 5G network is rapidly being deployed in markets around the world, and the advance of the network could mean profound changes for the Intelligence of Things (IoT) ecosystem. Two-thirds of businesses have plans to develop new tools and technologies that will leverage 5G by 2020. The IoT world has been looking to the launch of 5G for some time now, with providers, manufacturers and even end users anticipating how it could change the ways they interact with smart devices.

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Bringing AI to Finance: How to Leverage Technology for Efficiency and Control

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.

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Tim Armstrong: Nike’s Departure From Amazon Could Lead To DTC ‘Megatrend’

PYMNTS

Earlier this week, Nike announced it will no longer sell its wares on Amazon, instead opting to follow a growing trend in eCommerce where companies sell directly to consumers (DTC). On Friday (Nov. 15), internet entrepreneur Tim Armstrong said Nike’s move was the “tip of the iceberg,” and that an increasing number of companies will opt to ditch Amazon and sell their products themselves, according to a report by CNBC.

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Mesh Eyes Virtual Cards For Global B2B Payments

PYMNTS

Though credit cards were not originally designed to address the needs of corporate payers, advances in commercial card technology have positioned the payment tool as one that’s gaining traction in the accounts payable department. The ability to pay suppliers more quickly, without letting go of an extra few days of capital float, is quite attractive to both vendors and corporate buyers.

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TCH Gives Banks An Open Banking Template

PYMNTS

Against the backdrop of Open Banking, and in an effort to compete, financial institutions (FIs) must give consumers the ability to share their data with third parties, including FinTech firms. FIs, in turn, must also protect the security and integrity of that data, while giving consumers a sense of control over how and where it’s being used. That’s been a tough line for most FIs to walk, Dave Fortney, executive vice president of product management and strategy at The Clearing House (TCH), told K

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Google To Team With Banks To Offer Consumer Checking Accounts

PYMNTS

Google is planning to launch consumer checking accounts next year in partnership with Citigroup and Stanford University, The Wall Street Journal (WSJ) reported on Wednesday (Nov. 13). Code-named Cache, the accounts will be handled by Citigroup and a credit union at Stanford University. The branding will reflect the financial institutions and not Google.

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Say ‘Goodbye’ to Clunky Spreadsheets and Say ‘Hello’ to Month-End Automation

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.

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Zillow: Tackling Real Estate’s $1.6T Money Laundering Epidemic

PYMNTS

Governments are tightening know your customer (KYC) and anti-money laundering (AML) requirements on various industries out of increasing concern over fraud threats. Cryptocurrency companies that previously let customers remain anonymous will have to change their tunes in some countries, as will online gambling sites that provided fast onboarding at the expense of rigorous identity verification approaches.

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Why The 2020s Will Be The Logistics Decade

PYMNTS

Amateurs talk tactics, while professionals worry about logistics. That’s a variation of an old saying common to people who study military matters, but it certainly applies to the world of digital payment and commerce. After all, as Guy Bloch, CEO at delivery logistics platform Bringg explained in a new PYMNTS interview, consumer expectations for quick and accurate deliveries are expanding to all types of products, not just food deliveries or shipments made via Amazon Prime and other services.

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Apple To Pull All 181 Vaping Apps From App Store

PYMNTS

Apple is pulling all 181 vaping -related apps currently available on its App Store as health concerns mount over vaping-related illnesses and 42 vaping-related deaths, Axios reported on Friday (Nov. 15). The App Store has never allowed the direct sale of tobacco or vaping cartridges, but the ban applies to apps that offered vaping-related games, social communities and other content. “We take great care to curate the App Store as a trusted place for customers, particularly youth, to downloa

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NEN Widens USAT Partnership For Cashless Payments Growth

PYMNTS

Cashless payments firm USA Technologies (USAT) is expanding its partnership with amusement kiosk operator National Entertainment Network (NEN) to bring expanded cashless payment options to more vending machines and devices, the companies announced in a press release on Friday (Nov. 15). NEN will utilize USAT’s NFC-capable ePort Connect cashless payment platform on 5,000 additional vending machines over the next year.

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Outsourcing Vs. In-House: The Ultimate Battle For Better Collections

Speaker: Susan Richards

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.