Tue.Sep 22, 2020

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Top 10 Announcements from Microsoft Ignite Day 1 #MSignite

Perficient

While Microsoft had some out of this world updates including the Underwater Datacenter project data released. The project was a success with only 1/8 th the issues of the equivalent land based datacenter. Many reasons why this project will continue from a sustainability and reliability perspective. The outerspace update took the events to even further heights.

Analytics 593
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What's on the horizon for B2B payments?

Payments Dive

B2B payments have gone through major changes in the past couple of years, and COVID-19 has only sped up that process. In light of this, Mobile Payments Today spoke with Josh Cyphers, CEO of payment invoice technology company Nvoicepay, to get his take on what the current trends are for B2B payments and what's on the horizon.

Payments 476
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Increasing Diversity in the Refining and Petrochemical Industries

Perficient

At Perficient our colleagues not only get involved within our company, but within the industries they serve. A veteran of the oil and gas industry, Cheryl Scott is no different. Over the course of her career, Cheryl maintained a strong association with the American Fuel & Petrochemical Manufacturers (AFPM). AFPM was formed over 120 years ago to represent the U.S. refining and petrochemical industries.

Industry 520
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Walmart Marketplace, Goldman Sachs Partner To Offer Lines Of Credit

PYMNTS

Walmart and financial services giant Goldman Sachs are teaming up to help the retailer’s “Marketplace” customers gain access to lines of credit. “Last quarter, our Marketplace delivered triple-digit growth, and today we’re announcing a new partnership to help our Marketplace sellers grow their businesses,” said Jeff Clementz , vice president of Walmart Marketplace, in a news release.

Community 289
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Digital Transformation: Accelerating ROI and Growth in Commercial Lending

Now is the time for lenders to prioritize their digital transformation initiatives in preparation for the lending rebound. Rising competition and ever-increasing customer demands for speed and efficiency are forcing financial institutions to embrace digital transformation. This shift can feel overwhelming—where do you begin? This infographic illustrates automation demands and shows you how loan document automation serves as an essential step to increase profits and provide the best lending exper

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Inventory Control Solutions need a focused perspective

Perficient

Why Practice Inventory Control? Every company that is trying to get their grips around what they have talks about Inventory control. Companies that are trying to understand what they need to meet their demands are looking into Inventory Controls. The concept of Inventory Control is straight forward. Knowledge what you have and what you can sale. Aditional controls are used to make sure that this information is correct, accurate and actionable.

Resources 332

More Trending

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[Watch] Using AI & Automation to Enhance Adverse Event Case Processing

Perficient

Recently, Christine Livingston , Chief Strategist, Artificial Intelligence, Kari Blaho-Owens , Ph.D. Director, Safety and Pharmacovigilance, and Prabha Ranganathan , Director, Clinical Data Warehousing and Analytics, hosted a webinar with Bio-IT World that discussed how to leverage AI and automation to improve case processing. The implementation of such cutting-edge technology results in fewer manual processes, streamlines workflows, and increases consistency.

Analytics 309
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Deep Dive: How QSRs Can Fight The Rise Of App-Enabled Friendly Fraud

PYMNTS

Many consumers are still hesitant to dine out during the pandemic, but a growing number are warming to delivery and carryout options. One recent study estimated that roughly 44 million Americans would tap food delivery apps by the end of this year, up from 38 million in 2019, and another survey predicted that the number of smartphone delivery app users will climb 25.2 percent to 45.6 million this year.

Fraud 255
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How platform development determines real-time payment success

Payments Source

Speed stands at the forefront of any real-time payments deployment, but the real staying power in new payments innovation rides on the development philosophy of the platform itself.

Payments 177
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SatoshiPay Launches DTransfer For Quick X-Border Payments

PYMNTS

According to Blue Star Capital , its investee company SatoshiPay has launched a new B2B payments platform to speed up cross-border payments, Proactive reported. The platform, called DTransfer , is built on SatoshiPay’s blockchain technology and the Stellar network, and it touts “speed, cost and transparency” as three main benefits, according to the report.

Payments 248
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The State of Automation in Financial Services 2024 Report

In this report, you’ll find a comprehensive analysis of survey responses from executives at banks, credit unions, and insurance companies concerning their organization’s current and future use of automation. The report’s key insights include: Which types of automation are saving organizations the most time and money How to overcome the biggest barriers to automation implementation and adoption Why automation investments will continue to grow over the next few years How much you could save in 202

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What card customers want during a pandemic

Payments Source

Michael Moeser, Senior Analyst at PaymentsSource, talks to Jess Turner, EVP of consumer and small business solutions at Mastercard, about how consumers are making payments when they're no longer on lockdown but not quite back to the way things used to be.

Cards 174
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Shopify: 2 Employees Took Consumer Data From Merchant Sites

PYMNTS

Two Shopify employees stole data from over 100 merchants, possibly exposing data from consumers who shopped on web stores using the company's eCommerce software, according to the company, Bloomberg reported. Shopify described the two members as "rogue" in a company blog post , which made note that less than 200 merchants were affected. Shopify fired the employees in question, and the company has begun working with the FBI in order to investigate the "criminal acts.”.

Data 238
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FedNow stays on schedule even as COVID-19 alters needs

Payments Source

As the Federal Reserve's FedNow instant payments and settlement system enters into testing and use-case development phases, an emphasis on speed to market, ubiquity and compatibility with other systems remains in the forefront.

System 151
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How The Corporate Card Eases SMBs Into B2B eCommerce

PYMNTS

For small, mom-and-pop retailers, complex or proprietary procurement platforms simply aren't in the cards. With the pandemic accelerating businesses' digital shift , small retail buyers have shifted their buying operations to the B2B eCommerce realm, and for many, the online marketplace operates in lieu of a procurement solution. As such, online shopping for small retailers must be streamlined, efficient, and most importantly, secure.

Cards 235
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Why Is CRE Lending Stuck in the Past? Top 3 Reasons for Digital Resistance

Commercial lending is on the verge of a resurgence, but traditional processes are an obstacle. Explore the top 3 reasons for resistance to digital transformation and how overcoming them can pave the way for growth and efficiency. Discover why embracing automation and digital solutions is crucial for success in today's competitive landscape. Discover how GoDocs helps commercial lenders in the digital era with seamless integration and a borrower-focused approach.

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U.S. Bank ties expense report management to virtual cards

Payments Source

The bank worked with TravelBank, a fintech, to offer virtual cards and an app that automatically generates expense reports.

Cards 151
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Social Calendar App IRL Lands $16M In Series B Funding Round

PYMNTS

IRL , or In Real Life, the social calendar startup created to help users meet over shared experiences, announced a $16 million Series B funding round on Tuesday (Sept. 22). The San Francisco-based company said the infusion of new cash will be used to reinvent its web product and expand the platform overseas. . “Colleges and universities, in particular, need a way to build and foster a sense of community, whether their students are away from campus remote learning or on campus practicing hybrid

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Digital skimming: the lucrative cybercrime

ATM Marketplace

Ameet Naik, a security evangelist at PerimeterX with more than twenty years of experience in information security explains digital skimming and how to protect your business and your clients.

Security 118
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Cloud Software Co. Mirakl Raises $300M

PYMNTS

Mirakl , the cloud-based eCommerce software company headquartered in Paris, has raised $300 million in its latest funding round, Bloomberg News reported. Led by Permira, the London-based global investment firm, the investment values the startup at $1.5 billion, the company’s U.S. CEO and Co-founder Adrien Nussenbaum told the news outlet. At that valuation, Mirakl qualifies as a unicorn, the term used to describe a startup worth more than $1 billion.

Software 220
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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. 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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Contactless payments will falter if they require too much of consumers

Payments Source

To take on these other forms of contactless payment, the POS must offer the same functionality as stationary cash registers, including card payments, digital receipts, coupon redemption, mobile payment and CRM integration, says GK Software USA's Todd Barstow.

Payments 118
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Will Your Local Restaurant Soon Have Robot Workers?

PYMNTS

Six months into the COVID-19 pandemic, restaurants’ shifts toward high-tech solutions are old news. Online ordering , digital delivery, curbside pick-up, QR code -based menus and ordering – the technological upgrades have come one after the other. Dining venues big and small have pivoted to meet the needs of consumers who are no longer comfortable sitting in restaurants to eat.

Study 219
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How the pandemic changed fast food payments: walk-up lanes, solar panels and more

Payments Source

Burger King envisions a future in which the only thing its patrons will touch is their actual food, a redesign acknowledging 2020’s emergency workarounds have permanently shifted how people engage businesses and gained habits that go beyond their fear of spreading germs.

Payments 102
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Data: 87 Pct Of NYC Restaurants Couldn't Pay Full Rent In August

PYMNTS

Eighty-seven percent of New York City restaurants, bars and other such venues couldn't pay their full rent during August, according to the most recent Rent Report from the NYC Hospitality Alliance. The alliance surveyed 457 restaurants, bars, nightclubs and event venues in the NYC area between Aug. 25 and Sept. 11, according to the report. It found that 60 percent of landlords had not waived rent throughout the pandemic.

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Top 10 Benefits of Automating Loan Modifications for Commercial Lenders

Get ready for the wave of $1.2 trillion in commercial debt maturing in the next 24 months with GoDocs' ModDocs® platform. Traditional loan modifications are slow, expensive, and prone to errors, which put lenders at risk. But with ModDocs®, you can enjoy an innovative solution that eliminates attorney fees, allows on-the-fly loan modifications, and ensures compliance.

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'Being careful' isn't enough to stop business payment fraud

Payments Source

By taking action today, you can begin to have peace of mind that your previously existing fraud vectors have been sealed off, says PaymentWorks' Thayer Stewart.

Fraud 107
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Apple Users Report Outages, Service Restored

PYMNTS

Users of Apple Music, TV+ streaming service and the App Store experienced problems accessing the services Tuesday (Sept. 22), Reuters reported. Apple Inc. confirmed some of its users had problems while accessing certain services. It was unclear how many users and which countries were impacted, the news service reported. Apple did not immediately respond to a request for comment.

Apple 216
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ETRM vendors to change approach in face of market pressures

Bobsguide

2020 looks to be a hallmark year for commodities as volatility in oil markets combined with uncertainty over future demand tests the Energy Trading and Risk Management (ETRM) solutions of businesses. Baris Ertan, managing director of global trading and commercial lead at Accenture said in an.

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EMV 3DS: Why 2020 Is Different

PYMNTS

“Never buy a couch without consulting your spouse.” It’s timeless advice, but PAAY Chief Technical Officer Adam Gluck told Karen Webster that a friend of his recently failed to heed it. A new couch arrived, and the man’s wife took one look at it and told him to “get that ugly thing” off her porch and send it back to wherever it came from. Gluck said that presented his friend with an interesting moral dilemma.

Fraud 216
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2024 Lending Outlook: Innovations and Evolutions in the Financial Sector

As we step into 2024, the lending landscape evolves rapidly with technology, regulations, and market dynamics driving change. For banks and financial institutions to stay competitive and meet the evolving needs of their customers, these drivers must be understood and engaged with. Lenders can anticipate significant transformation fueled by technological advancements, regulatory shifts, and changing consumer behaviors.