PYMNTS

JULY 26, 2019

Despite some hiccups along the way with Goldman Sachs, the Apple credit card is on track for an August release, according to a report by Bloomberg. The collaboration between the two companies was sometimes tense and the stakes were high if it wasn’t successful. The Apple Card could be launched as early as the second half of August, which would meet its originally scheduled date for release when the card was announced in March.

Banking 80

Banking Technology 80

Jedox Finance

JULY 23, 2019

You do not have to be a data scientist to recognize the impact of technology on FP&A is and will continue to be significant. If you are still skeptical, have a look at a few blogs written by Lance Rubin where he disrupted his own role. One of the biggest challenges of automation (Robotic Process Automation) and artificial intelligence/machine learning technologies is our current mindset.

Technology 52

Technology Financial Modeling Forecasting Planning 52

CFA Institute

JULY 21, 2019

Consensus expectations are a logical starting point for putting any financial news into its proper context.

Communication 52

Communication Economics Leadership 52

PYMNTS

JULY 24, 2019

To reinforce the Federal Reserve’s authority to create a real-time payments system and mandate that the Fed brings about its own process, two U.S. representatives and two U.S. senators have introduced the Payment Modernization Act of 2019. The legislation was brought forward by Congresswoman Ayanna Pressley (D-MA), Senators Chris Van Hollen (D-MD) and Elizabeth Warren (D-MA), and Congressman Jesús “Chuy” García (D-IL), according to an announcement.

Securities 79

Securities Accounting Banking 79

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

Investments

PYMNTS

JULY 26, 2019

A Japanese FinTech company is applying for a banking charter in the United States, according to a report by American Banker. The eCommerce firm Rakuten currently runs a shopper rewards program in the States, and said would file the necessary paperwork on Friday (July 26) with Federal Deposit Insurance Corp. (FDIC) and the state of Utah for an industrial loan company (ILC) charter.

Banking 77

Banking eCommerce Retail Investments 77

PYMNTS

JULY 26, 2019

Following a year-long pilot, WhatsApp is now officially introducing a payments utility in India. The Facebook-owned messaging app is responding to the increased demand for digital payments in its largest market, Reuters reported on Friday (July 26). “It’s a regulatory approval question in India at this point,” Facebook Chief Executive Mark Zuckerberg said on Thursday (July 25) during the company’s earnings conference. .

eCommerce 76

eCommerce Numbers Marketing 76

PYMNTS

JULY 25, 2019

On a global stage, one size does not fit all when it comes to payments. In an interview with PYMNTS, Deirdre Ives, CEO and managing director at Wirecard North America, noted that when it comes to innovation, issuers face challenges in meeting the needs and expectations of a diverse populace of users spanning borders and cultures. For example, she said, some users may wish for payments to be done digitally, with speed and ease.

Economics 75

Economics eCommerce Invoicing Banking 75

PYMNTS

JULY 23, 2019

Slowly but steadily, healthcare is becoming more mobile about payments, and that trend – a very long time in coming – appears to have picked up steam in recent months. And, taken one step further, recent activity along those lines is helping to prepare the healthcare industry as a whole – not only for payments, but also for the arrival of 5G mobile network technology.

Healthcare 74

Healthcare Technology Startups Retail 74

PYMNTS

JULY 23, 2019

Visa posted fiscal third quarter results that showed a rebound in cross border transactions, and continued gains in payments volumes overall. Management also said on the post earnings conference call Tuesday (July 23) that recent acquisitions to spur cross border transactions are slated on track to close or contribute to results by the end of year and tap to pay activity continues to see widespread adoption.

B2B 74

B2B Accounting Numbers Banking 74

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.

Accounting

PYMNTS

JULY 24, 2019

Visa is exploring state-of-the-art payment experiences at the 2020 Olympics in Tokyo to support “Cashless Japan.” . The mandate handed down by Japan’s lawmakers strives to increase the total of digital payments from 20 percent to 40 percent by 2025, Visa said in a press release on Thursday (July 24). . “There is virtually no other market in the world today that compares to Japan — it is the world’s third-largest economy and a leader across many industries, yet commerce remains predominantly cas

Economics 74

Economics Technology Securities Sales 74

PYMNTS

JULY 22, 2019

India’s PayMate announced it has raised a new round of growth capital to accelerate expansion within India and internationally to Central and Eastern Europe, the Middle East and Africa (CEMEA). . Investors in this Series D round include Visa, Recruit Strategic Partners, Brand Capital, and others, the Economic Times reports. . Visa’s tactical investment enhances its successful partnership with PayMate in India and the recent expansion of their relationship in the CEMEA region.

B2B 73

B2B Vendor Management Economics Investments 73

PYMNTS

JULY 23, 2019

Sept. 14 will be here before we know it. That’s the date, as is well-known, that Strong Customer Authentication (SCA) will debut, a mandate set forth by the European Banking Authority (EBA) for all electronic payments over 10 euros. The goals are admirable: namely, to protect consumers and give them more control over their data, to allow FinTechs to innovate, and to bring more security to transactions.

Compliance 72

Compliance Education eCommerce Securities 72

PYMNTS

JULY 25, 2019

According to PayPal , call it a hiccup, a delay, not a loss — and not lost sales. Wall Street was down on PayPal’s growth forecasts when the payments giant reported earnings Wednesday (July 24) afternoon after the bell, sending shares skidding roughly 7 percent. On Wall Street, as in life, there’s the benefit of the doubt. This time around it seems a bit of a flip — call it the doubt of the benefit — in this case the benefit of business that is coming, sometime, down the line in the next few qu

Education 72

Education Forecasting Accounting Currencies 72

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.

Accounting

PYMNTS

JULY 22, 2019

Apps with a possible security flaw, a malware phishing scheme and possibly, payments fraud, all done in the blink of an eye? Security firm Symantec said this past week that it found a security flaw in Android apps for WhatsApp and Telegram, which can allow hackers to manipulate data that flows between users. Reports say that the hacks, which are known as Media File Jacking, allow media that spans photos to documents to be compromised in “real time” and that means intercepting data between when i

Invoicing 72

Invoicing Securities Accounting B2B 72

PYMNTS

JULY 20, 2019

It can never be said that Elon Musk has a problem thinking big. That can be seen from his early days as one of PayPal’s primary architects to the present day, when he divides his attention between a mission to space, solar energy and electric cars. Nor can it ever be claimed that Musk is not sufficiently colorful as innovators go. He’s not the only billionaire trying to master private space travel – but he is the only one who has publicly stated his goal to die on Mars (though preferably not on

Technology 71

Technology Securities Investments Numbers 71

PYMNTS

JULY 25, 2019

A new partnership between Mastercard and SumUp aims to boost electronic payment acceptance locations across 27 European countries. . Over the next five years, Mastercard and SumUp will bring card acceptance to several million micro, small and medium-sized companies (MSMEs) across Europe, Mastercard announced in a press release on Thursday (July 25).

B2B 71

B2B Sales Marketing 71

PYMNTS

JULY 26, 2019

U.S. lawmakers submitted a bill to Congress Wednesday (July 24) in an effort to reauthorize the nation’s Export-Import Bank for the next decade. Politico said Thursday (July 25) that a bipartisan bill is proposing a reauthorization of the trade finance provider before its charter expires at the end of September. The legislation, proposed by Kevin Cramer (ND) and Kyrsten Sinema (AZ), was submitted to the Senate following the decision by House Financial Services Chairwoman Maxine Waters (CA) to sh

Banking 70

Banking Finance B2B 70

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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.

Reconciliations

PYMNTS

JULY 25, 2019

Banks need to innovate faster and further when it comes to the technology they use on their online platforms, as to stay one step ahead of bad actors with access to the same technology. Not only are fraudsters getting more complex with their schemes and harder to predict, but customers are becoming harder to impress. Banks need to make sure they’re using tech in ways that keep the fraudsters out, but don’t send customers looking for another service.

Banking 70

Banking Technology Startups Securities 70

PYMNTS

JULY 22, 2019

Call it groupthink, on a grand scale, to the tune of billions of dollars. Call it FOMO. But then again, YOLO. So why not stake a claim? News came this week that a cramped space is getting a bit more crowded. We’re talking about the real estate sector, where certainly there seems there is an opportunity to change the status quo. In Texas, there is Homeward Realty , with $4 million in equity raised and $21 million in debt borrowed, per its latest announcement.

Startups 69

Startups Sales Economics Banking 69

PYMNTS

JULY 25, 2019

Because of the huge number of emails sent daily – by some estimates, 3.7 billion people send around 269 billion emails every single day – this type of online communication is vulnerable to phishing attacks. Recent research indicates 30 percent of targeted attempts are made via phishing emails, and that 15 percent of victims are repeat targets. Phishing is nothing new, despite emerging iterations with new names like spear-phishing (which targets members of a specific organization to gain access t

Data Analysis 69

Data Analysis Securities Communication Technology 69

PYMNTS

JULY 24, 2019

The Internet of Things (IoT) continues to grow in popularity: A recent International Data Corporation (IDC) study projects there will be 41.6 billion IoT devices by 2025, up from 7 billion in 2018. This growth is the result of several factors, including low silicon costs and advances in miniaturization. Despite IoT’s popularity, however, security a nd privacy issues continue to make headlines.

Securities 68

Securities Transportation Communication Retail 68

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

Sales

PYMNTS

JULY 25, 2019

SpotOn Founder Aparna Srinivasan was inspired to start her company because of her dogs. When she was traveling with them, it was tough for her to find a ride, especially to the airport. To see if other pet owners shared her same pain point, Srinivasan sat outside the United and American terminal outside of LAX airport. She asked those who came in with an animal how they got there, and whether they would use a more convenient method if it was available.

Transportation 67

Transportation Numbers Marketing Planning 67

PYMNTS

JULY 24, 2019

While commercial real-time payments became available in the U.S. back in 2017, they haven’t yet hit ubiquity. By the end of 2018, the RTP network reached a little more than half of U.S. accounts. But this has been the domain of larger financial institutions, especially when community banks and credit unions are included. This is shifting, though. Last month, payment company PayFi and The Clearing House (TCH) partnered to bring real-time payment technologies to community banks.

Invoicing 67

Invoicing B2B Securities Banking 67

PYMNTS

JULY 25, 2019

Amazon wasn’t the only company to see a boost in sales during this year’s Prime Day. A new report from payments credit union service organization PSCU revealed that its owner credit unions saw banner results from the promotional programs offered through PSCU’s Advisors Plus during the two-day shopping event. Founded in 2004, PSCU’s Advisors Plus offers consulting services for credit unions to help growth and achieve financial and business goals.

Sales 66

Sales Leverage Marketing 66

PYMNTS

JULY 22, 2019

Getting paid in advance for work to be completed later is gaining traction in the gig economy. As found in the Pay Advances Report , the trend may be a new normal for ad-hoc workers. Getting paid early or even upfront has its advantages in terms of managing cash flow, paying bills or even saving for emergencies. Data: $178 billion: Potential value of “pay advance” wages, if access were easier. 56.8 percent: Share of skilled workers who receive pay advances. 36.6 percent: Share of uns

66

66

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.

Marketing