INDUSTRY INSIGHTS YOUR PEERS ARE READING
A new survey from AppZen finds employees in the professional services industry, including accountants, financial advisors and lawyers, more frequently have their submitted expense reports rejected, reports in CPA Practice Advisor said Monday (Dec. MORE
President Donald Trump has reportedly asked the U.S. Securities and Exchange Commission ( SEC ) to consider the impact of nixing required quarterly earnings reports in favor of half-year reports. Reports in The Washington Post on Friday (Aug. ” “We are not thinking far enough out,” the President said Friday morning in front of reporters. MORE
According to a report from Bloomberg , “Cyrus Capital Partners and a hedge fund run by Sears Chairman Eddie Lampert are preparing a potential joint takeover bid that would keep the bankrupt chain alive.” In its Chapter 11 filing, Sears reportedly listed $6.9 MORE
CFOs are struggling to keep up with how quickly the requirements for financial reporting are changing, researchers have found. EY researchers released new data this week that concluded CFOs and financial controllers are struggling to keep up with the pace of change when it comes to corporate reporting standards and demands. “Until reporting catches up with technological advancements, it will continue to be compromised.” MORE
Well, HBO’s John Oliver, who kicked off his segment about credit reporting agencies with that simple reminder dug into the industry to show why that vision has gotten skewed in recent years. One in four had an error, he noted, and 20 percent of reports ran were wrong. MORE
Krebs on Security reported that the hotel properties may be “dealing with another breach of its credit card systems,” citing banking industry sources. As was reported last summer, a series of banks suspected a breach occurred at a number of Trump properties; it was later confirmed in Oct. MORE
That’s according to a new report out this week. . Which is why this report may seem like a no-brainer, but the important part is the impressive data. The new report covers the present situation compared to the potential growth of the IoT, taking into consideration the market size, as well as applications and services. Internet of Things america APAC EMEA IoT report TrackerFrom now until 2020, the global Internet of Things is expected to grow at a CAGR of 36 percent. MORE
One recent report found that a flaw in the USPS website may have exposed more than 60 million users’ data, including account numbers, street addresses and more. The report also noted that cybercriminals could alter information — in some cases, to redirect mail. MORE
To learn more about how businesses are leveraging AI and ML technology to optimize their customer experience, click here to download the report. MORE
The report examines flexible workforce tools, and how they are working to streamline workforce tracking and reduce reliance on expense reports, paper checks and cash. MORE
In the new Global Payments Architecture Report , PYMNTS covers the latest efforts to crack down on problems with late and non-payments in a variety of different industries. About The Report. MORE
Amid the headlines detailing the billions of dollars in money laundering done through conduits like Danske Bank and Deutsche Bank, among others, a report shows that the problem is a global one — and that it is getting worse. MORE
It’s common sense that a corporation would want its C-Suite to have some knowledge of accounting practices, and one could assume that a lack of understanding of corporate accounting may heighten the risk for misstatements on financial reports. MORE
The scope of late payments in the United Kingdom continues to be illuminated across government reports. Among the latest is a report from the Business, Energy and Industrial Strategy Committee, or BEIS for short, that shows continued impact on smaller firms. MORE
In the first Consumer Financial Protection Bureau (CFPB) semi-annual report issued under acting director Mick Mulvaney’s watch, the newly installed agency head stated the CFPB is “all too powerful.”. The Dodd-Frank Act , wrote Mulvaney in the introduction to the report, pointing toward the structure of the CFPB itself. Mulvaney’s third recommendation, according to the report, “is to ensure that the director answers to the president in the exercise of executive authority.”. MORE
In the inaugural issue of the Omni Security And Authentication Report , PYMNTS explores how banks are using technologies like artificial intelligence (AI) and neural networks to identify and build customer profiles and safeguard themselves and their customers against the rising threat of fraud. MORE
In fact, a recent report found 75 percent of surveyed merchants had walked away from a cross-border business opportunity due to fear of non-payment from a global trading partner. For a roundup of the latest notable news and trends in the cross-border receivables space, check out the report. MORE
In a bid to call off a production boost for the iPhone XR, Apple has reportedly told Pegatron and Foxconn to stop plans for more production lines for the phone. With the new outlook, Foxconn might make 100,000 fewer phones each day, the Nikkei Asian Review reported. MORE
NACHA’s Payments Innovation Alliance released a report with details from its first formal in-person meeting of the Faster Payments Playbook Project Team. served as an opportunity for the team to provide reports on their work. MORE
The Federal Trade Commission testified on Thursday (July 12) that enforcement of the Fair Credit Reporting Act (FCRA) remains a top priority. She noted that FTC has brought more than 30 actions to enforce the FCRA against consumer reporting agencies, users of consumer reports, and furnishers of information to consumer reporting agencies. Regulation consumer protection data security Fair Credit Reporting Act FTC Maneesha Mithal News Senate Banking Committee What's Hot MORE
Thirty years later, I find their tagline a rather fitting metaphor for the Equifax data breach and the flurry of headlines made by everyone who now wants to take them — and their two credit reporting agency compadres, Experian and TransUnion — out to the regulatory woodshed. The credit bureaus were included in the CFPB’s scope of oversight in 2012, and she’s asked the agency to let her know what additional power it might need to better regulate the credit reporting agencies going forward. MORE
To read the feature story and get a close look into how AR is laying the foundation for retail’s next state of evolution, download the new Digital Consumer Report. Augmented reality (AR) has long been associated with games like Pokémon Go and Zombies, Run! MORE
Apple announced Thursday (November 1) in conjunction with its fiscal fourth-quarter earnings report that it will no longer report how many iPhones, Macs and iPads it sells each quarter. MORE
s Financial Reporting Council is reportedly stepping down from the position amid continued scrutiny that the FRC lacks effectiveness to prevent corporate accounting scandals and industry failures. Reports in Reuters on Friday (Nov. Reports said Kingman is expected to complete the review by the end of the year. The CMA’s report is expected to be published by the end of the year as well, reports said. The head of the U.K.’s MORE
Six out of every 10 Americans are anxious about their bills, and almost half (46 percent) pay them late, according to a report by the Aite Group that is sponsored by ACI Worldwide and Visa. The report, titled “U.S. MORE
A new report has found that as debt rates have climbed to pre-recession levels, minority consumers are struggling to reach financial parity. A report from Packaged Facts, “ The Financial Services Market: African Americans and Hispanics, as of 2018 ,” found that while 70 percent of U.S. MORE
With retailers struggling to get compliant with the Payment Card Industry Data Security Standard , qualified security assessors are going to be in more demand and can offer tokenization as one way of achieving compliance. MORE
Business Credit Reports (BCR) announced it has added Dun & Bradstreet ‘s Payment Performance Insights to its business credit solution. BCR is the largest independent provider of credit information on businesses around the globe, offering multi-bureau reports, including Experian , Dun & Bradstreet, Equifax , Graydon, Creditreform and Ansonia information. MORE
As noted by the Conference of State Bank Supervisors (CSBS), state regulators earlier this month released the inaugural Money Services Business Industry Report, which featured transaction data tied to 2017 and focused on licensed money transmission and payments. MORE
Australian challenger bank Judo Capital has chosen VERMEG , a leading banking and insurance software solution company, to meet its Australian Prudential Regulation Authority (APRA) reporting requirements as it pursues its full banking license. MORE
Through a reported funding round, digital wealth management startup Acorns Grow Inc. Such a round could potentially provide the company with a valuation of more than $700 million, Bloomberg reported. The reported round was not included in their estimate.). MORE
When it comes to expense reports — and specifically, rejection of expense reports — professional service firms top the list. As reported this week in CPA Practice Advisor, AppZen, which offers automated expense report auditing for its business customers, found that such rejections occur across roughly 30 percent of expenses filed by employees in that vertical. The Times reported that the number of users (i.e. MORE
The latest edition of the Omni Developer Report highlights the solution providers and retailers from around the space that are looking to introduce mobile commerce solutions to quickly capture consumer dollars, and loyalty. To read the full story, download the report above. MORE
The company said in earnings details reported Thursday that it saw growth of 20 percent in its established products segment, where transaction and subscription revenues were $54.1 MORE
Good news is ahead for those suffering from low FICO scores — according to reports this morning, civil judgements and tax liens will by and large be coming off of consumer credit reports. The move comes after years of critiques of the credit agencies for reporting information falsely that has a negative effect on consumer credit. The change will apply to new tax lien and civil judgment data that are added to credit reports as well as existing data on the reports. MORE
Industry Delinquency and Failures Report ” found a continued decline in corporate failures across the manufacturing, retail, transportation, real estate, business services, personal services, construction, automotive and financial services industries. MORE
The Subscription Commerce Tracker , powered by Recurly , is a bimonthly report that explores how companies use subscription-based commerce to build long-term customer relationships and steady revenue sources. MORE
Additional findings in the report include the following: 53 percent: Alipay’s share of the Chinese mobile payments market. To learn more about how companies can leverage local payments rails to optimize their business opportunities abroad, click here to download the report. MORE
A report from IT Governance at the end of last week showed that only 29 percent of firms in the EU have “fully” implemented the GDPR tenets, and the lack of full compliance means that possible penalties loom – to the tune of four percent of a fined firm’s annual top line. MORE
Facing a large debt payment, Sears Holdings is reportedly working with boutique consulting firm M-III Partners to prepare a bankruptcy filing. 9), Sears reportedly brought on a new director, Alan Carr, who is a restructuring expert. MORE
Report Related Topics PYMNTS
DECEMBER 17, 2018
Australian challenger bank Judo Capital has chosen VERMEG , a leading banking and insurance software solution company, to meet its Australian Prudential Regulation Authority (APRA) reporting requirements as it pursues its full banking license.
PYMNTS
OCTOBER 15, 2018
As noted by the Conference of State Bank Supervisors (CSBS), state regulators earlier this month released the inaugural Money Services Business Industry Report, which featured transaction data tied to 2017 and focused on licensed money transmission and payments.
PYMNTS
NOVEMBER 26, 2018
It’s common sense that a corporation would want its C-Suite to have some knowledge of accounting practices, and one could assume that a lack of understanding of corporate accounting may heighten the risk for misstatements on financial reports.
PYMNTS
DECEMBER 11, 2018
A new survey from AppZen finds employees in the professional services industry, including accountants, financial advisors and lawyers, more frequently have their submitted expense reports rejected, reports in CPA Practice Advisor said Monday (Dec.
PYMNTS
OCTOBER 31, 2018
To read the feature story and get a close look into how AR is laying the foundation for retail’s next state of evolution, download the new Digital Consumer Report. Augmented reality (AR) has long been associated with games like Pokémon Go and Zombies, Run!
PYMNTS
SEPTEMBER 19, 2018
To learn more about how businesses are leveraging AI and ML technology to optimize their customer experience, click here to download the report.
PYMNTS
SEPTEMBER 14, 2017
In fact, a recent report found 75 percent of surveyed merchants had walked away from a cross-border business opportunity due to fear of non-payment from a global trading partner. For a roundup of the latest notable news and trends in the cross-border receivables space, check out the report.
PYMNTS
NOVEMBER 16, 2018
Through a reported funding round, digital wealth management startup Acorns Grow Inc. Such a round could potentially provide the company with a valuation of more than $700 million, Bloomberg reported. The reported round was not included in their estimate.).
PYMNTS
SEPTEMBER 21, 2018
In the new Global Payments Architecture Report , PYMNTS covers the latest efforts to crack down on problems with late and non-payments in a variety of different industries. About The Report.
PYMNTS
SEPTEMBER 12, 2018
In the inaugural issue of the Omni Security And Authentication Report , PYMNTS explores how banks are using technologies like artificial intelligence (AI) and neural networks to identify and build customer profiles and safeguard themselves and their customers against the rising threat of fraud.
PYMNTS
SEPTEMBER 18, 2017
Thirty years later, I find their tagline a rather fitting metaphor for the Equifax data breach and the flurry of headlines made by everyone who now wants to take them — and their two credit reporting agency compadres, Experian and TransUnion — out to the regulatory woodshed. The credit bureaus were included in the CFPB’s scope of oversight in 2012, and she’s asked the agency to let her know what additional power it might need to better regulate the credit reporting agencies going forward.
PYMNTS
NOVEMBER 29, 2018
According to a report from Bloomberg , “Cyrus Capital Partners and a hedge fund run by Sears Chairman Eddie Lampert are preparing a potential joint takeover bid that would keep the bankrupt chain alive.” In its Chapter 11 filing, Sears reportedly listed $6.9
PYMNTS
DECEMBER 17, 2018
A report from IT Governance at the end of last week showed that only 29 percent of firms in the EU have “fully” implemented the GDPR tenets, and the lack of full compliance means that possible penalties loom – to the tune of four percent of a fined firm’s annual top line.
PYMNTS
NOVEMBER 19, 2018
NACHA’s Payments Innovation Alliance released a report with details from its first formal in-person meeting of the Faster Payments Playbook Project Team. served as an opportunity for the team to provide reports on their work.
PYMNTS
OCTOBER 10, 2018
Facing a large debt payment, Sears Holdings is reportedly working with boutique consulting firm M-III Partners to prepare a bankruptcy filing. 9), Sears reportedly brought on a new director, Alan Carr, who is a restructuring expert.
PYMNTS
DECEMBER 14, 2018
When it comes to expense reports — and specifically, rejection of expense reports — professional service firms top the list. As reported this week in CPA Practice Advisor, AppZen, which offers automated expense report auditing for its business customers, found that such rejections occur across roughly 30 percent of expenses filed by employees in that vertical. The Times reported that the number of users (i.e.
PYMNTS
NOVEMBER 5, 2018
s Financial Reporting Council is reportedly stepping down from the position amid continued scrutiny that the FRC lacks effectiveness to prevent corporate accounting scandals and industry failures. Reports in Reuters on Friday (Nov. Reports said Kingman is expected to complete the review by the end of the year. The CMA’s report is expected to be published by the end of the year as well, reports said. The head of the U.K.’s
PYMNTS
DECEMBER 9, 2018
With retailers struggling to get compliant with the Payment Card Industry Data Security Standard , qualified security assessors are going to be in more demand and can offer tokenization as one way of achieving compliance.
PYMNTS
NOVEMBER 16, 2018
Investigators have reportedly contacted Bank of America Corp. has also reportedly been asked questions by investigators from the Justice Department, Bloomberg reported Friday (November 16).
PYMNTS
SEPTEMBER 16, 2016
That’s according to a new report out this week. . Which is why this report may seem like a no-brainer, but the important part is the impressive data. The new report covers the present situation compared to the potential growth of the IoT, taking into consideration the market size, as well as applications and services. Internet of Things america APAC EMEA IoT report TrackerFrom now until 2020, the global Internet of Things is expected to grow at a CAGR of 36 percent.
PYMNTS
MAY 29, 2018
The latest edition of the Omni Developer Report highlights the solution providers and retailers from around the space that are looking to introduce mobile commerce solutions to quickly capture consumer dollars, and loyalty. To read the full story, download the report above.
PYMNTS
OCTOBER 17, 2018
Following reports that billionaire investor Carl Icahn is creating a sizable stake in Dollar Tree , shares of the discount store chain jumped. 16) at $86.50, the New York Post reported.
PYMNTS
DECEMBER 10, 2018
The scope of late payments in the United Kingdom continues to be illuminated across government reports. Among the latest is a report from the Business, Energy and Industrial Strategy Committee, or BEIS for short, that shows continued impact on smaller firms.
PYMNTS
DECEMBER 17, 2018
Industry Delinquency and Failures Report ” found a continued decline in corporate failures across the manufacturing, retail, transportation, real estate, business services, personal services, construction, automotive and financial services industries.
PYMNTS
DECEMBER 12, 2018
One recent report found that a flaw in the USPS website may have exposed more than 60 million users’ data, including account numbers, street addresses and more. The report also noted that cybercriminals could alter information — in some cases, to redirect mail.
PYMNTS
SEPTEMBER 17, 2018
Business Credit Reports (BCR) announced it has added Dun & Bradstreet ‘s Payment Performance Insights to its business credit solution. BCR is the largest independent provider of credit information on businesses around the globe, offering multi-bureau reports, including Experian , Dun & Bradstreet, Equifax , Graydon, Creditreform and Ansonia information.
PYMNTS
JULY 13, 2018
The Federal Trade Commission testified on Thursday (July 12) that enforcement of the Fair Credit Reporting Act (FCRA) remains a top priority. She noted that FTC has brought more than 30 actions to enforce the FCRA against consumer reporting agencies, users of consumer reports, and furnishers of information to consumer reporting agencies. Regulation consumer protection data security Fair Credit Reporting Act FTC Maneesha Mithal News Senate Banking Committee What's Hot
PYMNTS
OCTOBER 12, 2018
Amid the headlines detailing the billions of dollars in money laundering done through conduits like Danske Bank and Deutsche Bank, among others, a report shows that the problem is a global one — and that it is getting worse.
PYMNTS
NOVEMBER 7, 2018
Download the report to read the feature story, the Deep Dive and the headlines.
PYMNTS
NOVEMBER 9, 2017
Zero FIs have reported an increase in fraud due to SDA products. For all the latest findings, analysis and trends, please download the report by clicking the button below. About the Report.
PYMNTS
NOVEMBER 15, 2016
CFOs are struggling to keep up with how quickly the requirements for financial reporting are changing, researchers have found. EY researchers released new data this week that concluded CFOs and financial controllers are struggling to keep up with the pace of change when it comes to corporate reporting standards and demands. “Until reporting catches up with technological advancements, it will continue to be compromised.”
PYMNTS
APRIL 11, 2016
Well, HBO’s John Oliver, who kicked off his segment about credit reporting agencies with that simple reminder dug into the industry to show why that vision has gotten skewed in recent years. One in four had an error, he noted, and 20 percent of reports ran were wrong.
PYMNTS
NOVEMBER 9, 2018
The company said in earnings details reported Thursday that it saw growth of 20 percent in its established products segment, where transaction and subscription revenues were $54.1
PYMNTS
MARCH 13, 2017
Good news is ahead for those suffering from low FICO scores — according to reports this morning, civil judgements and tax liens will by and large be coming off of consumer credit reports. The move comes after years of critiques of the credit agencies for reporting information falsely that has a negative effect on consumer credit. The change will apply to new tax lien and civil judgment data that are added to credit reports as well as existing data on the reports.
PYMNTS
JUNE 13, 2018
The report examines flexible workforce tools, and how they are working to streamline workforce tracking and reduce reliance on expense reports, paper checks and cash.
PYMNTS
APRIL 5, 2016
Krebs on Security reported that the hotel properties may be “dealing with another breach of its credit card systems,” citing banking industry sources. As was reported last summer, a series of banks suspected a breach occurred at a number of Trump properties; it was later confirmed in Oct.
PYMNTS
APRIL 3, 2018
In the first Consumer Financial Protection Bureau (CFPB) semi-annual report issued under acting director Mick Mulvaney’s watch, the newly installed agency head stated the CFPB is “all too powerful.”. The Dodd-Frank Act , wrote Mulvaney in the introduction to the report, pointing toward the structure of the CFPB itself. Mulvaney’s third recommendation, according to the report, “is to ensure that the director answers to the president in the exercise of executive authority.”.
PYMNTS
SEPTEMBER 25, 2018
The Subscription Commerce Tracker , powered by Recurly , is a bimonthly report that explores how companies use subscription-based commerce to build long-term customer relationships and steady revenue sources.
PYMNTS
SEPTEMBER 24, 2018
Additional findings in the report include the following: 53 percent: Alipay’s share of the Chinese mobile payments market. To learn more about how companies can leverage local payments rails to optimize their business opportunities abroad, click here to download the report.
PYMNTS
AUGUST 20, 2018
President Donald Trump has reportedly asked the U.S. Securities and Exchange Commission ( SEC ) to consider the impact of nixing required quarterly earnings reports in favor of half-year reports. Reports in The Washington Post on Friday (Aug. ” “We are not thinking far enough out,” the President said Friday morning in front of reporters.
PYMNTS
NOVEMBER 5, 2018
In a bid to call off a production boost for the iPhone XR, Apple has reportedly told Pegatron and Foxconn to stop plans for more production lines for the phone. With the new outlook, Foxconn might make 100,000 fewer phones each day, the Nikkei Asian Review reported.
PYMNTS
NOVEMBER 2, 2018
Apple announced Thursday (November 1) in conjunction with its fiscal fourth-quarter earnings report that it will no longer report how many iPhones, Macs and iPads it sells each quarter.
PYMNTS
NOVEMBER 29, 2018
Six out of every 10 Americans are anxious about their bills, and almost half (46 percent) pay them late, according to a report by the Aite Group that is sponsored by ACI Worldwide and Visa. The report, titled “U.S.
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