WePay On The Art Of Payments Risk Management

PYMNTS

Understanding risk, particularly its sources and how to most effectively manage it, is one of the most fundamentally important topics in payments for those who provide services and those who use them. That precipitates the need to have new ways of look at risk management.”.

Microsoft Debuts Expense Management App

PYMNTS

Microsoft is rolling out a new corporate expense management solution designed for iOS devices, the company announced on Thursday (Oct. “Keeping, sorting and tracking paper receipts is annoying and inefficient,” Microsoft Product Manager for Spend Heman Chawda said in a statement.

Supply Chain Management Fuels IoT Investment Boom

PYMNTS

A new study is predicting that Internet of Things (IoT) technologies will see a major boost in investment over the next five years, mostly due to projects in inventory and supply chain management. billion by 2023; and fleet management, which should hit $10.4

vCom Enhances IT Spend Management Mobile Solution

PYMNTS

IT spend management solutions provider vCom Solutions is upgrading its mobile app for iOS and Android devices, the company said this week. According to the company, the latest app version increases how much data IT managers can access related to performance, contracts, services and assets.

TRENDING: How Spend Management Keeps The Show Going On

PYMNTS

In the October Workforce Spend Management Tracker , PYMNTS looks at the way companies are using new solutions and technologies to give money and time back to everyone. This service provides companies with a more holistic way of managing employee travel through a dashboard.

In Expense Management, Data Emerges As The Currency Of Control

PYMNTS

It’s certainly the case for expense management, said Karim Jouini, CEO of France-based Expensya. Failing to digitize the expense management process means companies are not able to automate processes, opening up the enterprise to risks like fraud and errors (and lost money).

Uber Adds Business Expense Management Integrations

PYMNTS

Uber for Business is continuing to broaden its corporate expense management support with two new integrations for business travelers. B2B Payments B2B Expensya Happay News T&E travel expense management Uber for Business What's Hot In B2B

Wells Fires Slew Of Retail Bank District Managers

PYMNTS

Wells Fargo has revealed that it is firing around three dozen district managers due to the retail banking scandal that happened more than two years ago. As for the bank’s district managers, they usually oversee anywhere from five to 15 retail bank branches, depending on the area.

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Modern Management

Independent Banker

Communicating with management. While auditors need to remain independent and objective, they also need to maintain a relationship with management to create effective reports. General Highlighting Indie Banker Operations & Management New skills for today’s internal auditors.

Inside Sales Management

MZ Bierly Consulting, Inc.

In the first of a two-part interview, Frank Casale, Regional Vice President for Rhode Island and Southeastern Massachusetts for TD Bank, discusses the challenge of recruiting and onboarding commercial Relationship Managers. It becomes crisis management rather than executing a plan.

Bloomberg, Shell Design Treasury Tool To Centralize FX Management

PYMNTS

The tool interconnects Shell’s central treasury office to its 718 operating units to manage foreign exchange (FX) risk and volatility with its more than 200 bank partners.

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Starbucks New Investor: Pershing Square Capital Management

PYMNTS

Pershing Square Capital Management, the activist hedge fund controlled by activist investor William Ackman, now has about a 1.1 Investments Investment News Pershing Square Capital Management Retail same store sales starbucks What's Hot

Fusion Pulls Suppliers Into Its Corporate Risk Management Software

PYMNTS

Fusion Risk Management is expanding its corporate risk management software offering by integrating new functionality into the tool, the company said in a press release on Monday (Sept. The solution automates data collection and analysis, and, according to CEO David Nolan, while customers are already using Fusion technology for third party risk management, the updates “extend their reach and provide significant process and efficiency advantages.”.

Sales Territory Management: The importance of automation & how to choose the right solution

Insights on Business

Territory management (TM) is one of the hardest – and most important – sales activities to get right. Fast forward 20-30 years to the age of enlightenment for Incentive Compensation Management (ICM) solutions. Customer Relationship Management (CRM).

How Spend Management Beefs Up Bottom Lines

PYMNTS

“Does your business want to improve its spend management?”. Few CFOs would say “no” if asked that question: Spend management is attractive to companies for obvious reasons, as even successful companies face margin pressures.

Crowe: Risk Management With RegTech As Strategy

PYMNTS

Marry tech and talent, then risk management can pay dividends, notes an upcoming PYMNTS webinar. He noted that in the financial services realm, firms are already heavily regulated and they struggle with the looming threat of consequences, should shortcomings arise, when it comes to risk management. Historically we’ve seen we’ve seen compliance functions — specifically in tax and regulatory areas — focus on risk avoidance versus risk management,” he told PYMNTS.

The Treasury Management System, Unbundled

PYMNTS

SMEs rarely have the funds to invest in sophisticated treasury management systems (TMS), says TreasuryXpress CEO Anis Rahal, part of that is because the TMSs available are hefty, chock-full of tools that not every company actually needs and force a business to spend time and resources on implementation efforts. you have thousands of companies with revenue of about $50,000 — only 10 percent are using treasury management systems,” the executive said.

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Collaboration Spurs Treasury Management Innovation

PYMNTS

Patrick Moore , executive vice president and head of Capital One ‘s Treasury Management Product Management group, told PYMNTS that these collaborations offer the ability to integrate niche FinTech capabilities into Capital One’s broader range of services. Gem uses Ethereum distributed ledger technology to streamline the health care claims process and help health care providers manage their cash and get paid.

GEOBRIDGE KEES Descopes Enterprise IoT Key Management

PYMNTS

GEOBRIDGE KEES ( K ey E xchange & E scrow S ervice) is expanding its on demand services for HMS and key management. Independently validated and certified for PCI PIN, the KEES service supports organizations with all aspects of the full key management lifecycle, including distribution, storage, usage and more. The service addresses many of the unique challenges that key management teams face throughout the industry.

IBM Sales Performance Management: Eliminating shadow accounting by establishing trust  

Insights on Business

To be a sales compensation manager (SCM) is a position that many would not envy. With the IBM Incentive Compensation Management solution, we provide transparency to the commissioned sales agent compensation process to end shadow accounting.

Insurers Test Blockchain To Manage Provider Data

PYMNTS

insurance landscape said they’re launching a pilot program that will help boost the management of healthcare provider data. The firms, in announcing the pilot, said this week that physicians, information service providers, managed care organizations and health systems maintain separate copies of healthcare provider information. News Blockchain data management Healthcare Humana Innovation Insurance multiplan Optum Quest Diagnostics unitedhealthcare

Nine Questions to ask an Enterprise Fraud Management Vendor

Insights on Business

Enterprise Fraud Management is being reinvented. Assessing revolutionary risk and compliance management solutions with outdated factors and antiquated perspectives may prevent you from seeing the bigger picture. Resiliency is key with your Enterprise Fraud Management solution.

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IBM Sales Performance Management at Dreamforce 2018

Insights on Business

IBM Sales Performance Management Kiosk. Visit IBM Sales Performance Management experts, James Kvoriak, Paul Peters, and me, at the SPM Kiosk (kiosk #13). We can discuss the business value of IBM Compensation Management and provide product demonstrations.

Portfolio Management

Independent Banker

During my 20-plus years of dealing with community bankers, either as an investment strategist, sales rep or business-development manager, I have come to understand that certain buzz words fall on deaf ears. Total Return. A combination of factors determine every bond’s ultimate performance.

Tech’s Greatest Impact: Money Management

PYMNTS

The report found that 21 percent believe technology’s greatest impact on their everyday life has been on how they manage money. According to Vijay Sankaran, chief information officer of TD Ameritrade, in a press release , “Technology is closely intertwined with how people manage their financial lives, and it’s fundamentally changing their expectations and behaviors.

eBay Starts Managing Payments For Marketplace Platform In US

PYMNTS

25) that it has started managing payments on its Marketplace platform in the U.S. In a press release , the company said that earlier this year, it announced plans to intermediate or manage the payments flow on its platform, and that it has now started doing that. marks a significant milestone in our managed payments journey,” said Steve Fisher, senior vice president of payments at eBay. “In eBay announced on Tuesday (Sept.

The Future of Personal Financial Management Apps

Bank Innovation

” During this meetup, the founders of the startup Budgit, Ruben Izmailyan and Mark Bechhofer, will discuss the advent of PFM — personal financial management — which have proliferated in the fintech ecosystem from standbys like […].

Three Tips To Help Managers Understand Their Employees

PYMNTS

Have you ever worked for a manager who showed little enthusiasm for your personal interests, unique talents, and long-term career aspirations? Based on the statistics about employees quitting managers , the answer for many people to this question is likely to be a resounding “yes.”

Microsoft, ADP Combine Business Management, HCM Data

PYMNTS

Microsoft and human resources management company ADP are partnering for a holistic business management solution that combines financial and human capital data analytics, the companies recently announced. Joint business customers of the solution can unify their payroll, HR, time management, tax and other HCM functions with their business management processes within Microsoft Dynamics 365 Business Central, with data automatically updated and unified across both platforms.

Own Your Program Management, Own Your Destiny

PYMNTS

Being a program manager isn’t easy. If it’s not holding money or providing a payment network, the program manager does it: AML (anti-money laundering) compliance, KYC (Know Your Customer), fraud mitigation, marketing, privacy, document review, OFAC compliance, reporting and more. Perhaps that’s why companies like Cascade found themselves so frustrated working under a program manager.

Mitek Systems Rejects Offer From Elliott Management, ASG Technologies

PYMNTS

Mitek Systems , the financial technology provider to banks, is pushing back from a takeover offer from Elliott Management , the hedge fund and ASG Technologies , the software company. Partnerships / Acquisitions ASG Technologies Elliott Management M&A Mitek Systems News What's Hot

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Oracle Streamlines Corporate Bank Account Management

PYMNTS

The company announced Tuesday (July 24) that its Oracle Banking Virtual Account Management solution is now available to corporate banks. The tool provides virtual account management (VAM) — a non-physical account used by corporations to manage working capital. Banks using Oracle’s solution can use a virtual account identifier to manage different rules for each of its corporate clients, including unique payment routing rules based on what business customers need.

Rounding Out SME Cash Management Offerings

PYMNTS

Just look at SAP Ariba , which integrated PrimeRevenue’s supply chain financing into its spend management platform, or Reckon , a small business accounting platform that recently rolled out an SME lending feature thanks to Prospa. The prepaid commercial card and expense management company announced an integration with eCapital to offer its SME clients the option to take out a loan straight from the PEX platform.

PEX CEO: Why Gig Workers Need Spend Management Tools

PYMNTS

If you really know the music industry , you know that many tour managers and accountants are barely a half-step removed from the glory days of the abacus. PEX, founded by Grant in 2006, offers software-as-a-service workforce tools designed for businesses not typically served by enterprise SaaS spend management solutions. Having a corporately funded tool available takes a lot of risks and pain out of the mix for both the worker and the production management company.”.

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Inside Sales Management (Part 2)

MZ Bierly Consulting, Inc.

In the second part of our interview, Frank Casale, Regional Vice President for Rhode Island and Southeastern Massachusetts for TD Bank, discusses how he approaches managing a commercial sales team. (To Do they have a healthy working relationship with their sales manager and their fellow RMs?

Spend Management Reaches For New — And Digital — Maturity

PYMNTS

Spend management ” is hardly the sexist buzzword in payments and commerce, but the practice is developing to a point where many of those headaches are being reduced — a process that can also lead to more revenue. New ways of managing spend and expenses is the focus of the latest PYMNTS “Beyond the Buzzword” podcast, this one featuring Karen Webster and Toffer Grant, CEO and founder of PEX. Spend Management Change. Spend Management Misconception.

Hedge Funds’ Money Management Snag

PYMNTS

Regulation is pounding down on hedge funds and other buy-side organizations, which are now pressured to move their cash — making treasury and cash management less transparent and less efficient. A wave of post-financial crisis regulation is changing the way hedge funds manage their cash. Basel III is only the start of regulatory impacts on hedge fund treasury management. Cash Management. ” But it’s also about enabling better cash management overall.

Samsung Considers Blockchain To Manage Supply Chain

PYMNTS

Samsung is reportedly looking into blockchain technology to manage its supply chain, reports in Bloomberg said on Monday (April 16). The technology conglomerate, which is the world’s largest smartphone and semiconductor maker, is exploring a blockchain-based ledger system to manage its international supply chain. Samsung SDS plans to manage 488,000 tons of air cargo and 1 million shipping units this year, reports said.

UMB Boosts Expense Management With Fraedom Collab

PYMNTS

corporate expense management solutions provider Fraedom , which was recently acquired by Visa , will be providing its commercial card technology to U.S.-based Through their partnership , UMB will develop a suite of commercial card solutions for corporate customers that includes expense management and reporting, as well as a mobile app linked to the solutions. ” said Uma Wilson, UMB senior vice president and director of product management, in a statement.

Certify Broadens Expense Management With Captio Takeover

PYMNTS

Corporate travel and expense management firm Certify said in a press release Tuesday (Sept. The company secured an agreement to acquire Europe’s Captio , an expense management solutions provider, marking Certify’s first takeover outside of North America. Last year, Certify itself was acquired and combined with Nexonia, ExpenseWatch and Tallie, an effort by K1 Investment Management to strengthen the company against the industry’s current leader Concur.

Runzheimer Exits Expense Management Business

PYMNTS

Runzheimer International has decided to step away from the corporate expense management industry. The company is reportedly exiting the space in favor of offering its clients’ expense management solutions, integrated from partners like Concur Expense and Databasics. It is also unclear how many of Runzheimer’s clients currently use its expense management offering. Databasics, meanwhile, continues to augment its corporate expense management offerings.

WWS Business Analytics Management

Mobile Payments Today

WWS Business Analytics Management (WWS BAM) is the Data Analytics application module of the WWS software suite

Coupa Taps Alexa For Added Spend Management Features

PYMNTS

Coupa has rolled out enhancements to its business spend management (BSM) solution, the firm revealed this week. The enterprise spend management company announced at its annual Inspire conference the addition of voice activation using Amazon Alexa to manage inventory, locate items, and reorder stock. B2B Payments Amazon Amazon Alexa artificial intelligence B2B corporate fraud Coupa News spend management What's Hot In B2B