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

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

Americans spent some $682 billion on groceries in 2017 alone. The bulk of that spending took place at brick-and-mortar grocery stores and supermarkets, but all of that is changing as consumers turn to digital channels. MORE

Investors, by and large, acted the way one might expect amid a jobs report that came in above expectations. Reuters noted Friday (June 1) that the jobs report helped cement expectations of another rate hike by the Federal Reserve — one that could come as early as this month. With the latest report, the unemployment rate stood at 3.8 May’s report marked the 92nd-straight month that jobs have grown in the U.S. Equities were up. Bonds were down. 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

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. 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

In the latest PYMNTS.com Omni Usage Report, a Vantiv collaboration, PYMNTS explores new technology, tools and solutions debuted by retailers and merchants designed to make shopping a little simpler. . 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

Businesses in nearly every industry need to worry about risks, especially when it comes to fraud and security. But those dangers are even more pressing in the banking industry, where bad actors are increasingly attacking financial institutions (FIs) on multiple fronts, and using multiple techniques. 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

Introducing the brand-new Global Payments Architecture Report, a bi-monthly publication that delves into the latest developments transforming the education, healthcare, import/export and other B2B markets. About the Report . Many U.S. MORE

The restaurant reported earnings of $1.34 tax benefit, just above estimates of $1.33, Bloomberg reported. Retail chipotle Chipotle Earnings Chipotle Stocks Chipotle Value earnings Earnings Report News Q4 What's HotQuick-service restaurant (QSR) Chipotle Mexican Grill slightly beat fourth-quarter earnings estimates, helped by higher menu prices and despite declining foot traffic. per share, excluding its $0.21 MORE

The world might soon find out, according to a report Friday (June 1) in The Wall Street Journal ( WSJ ). Last year, Apple earned $1 billion from the sale of “promotional ads on search terms in its App Store,” the paper reported. Were Apple to get further into mobile ads, it would come as spending on that form of marketing is set to surpass TV advertising, according to a recent eMarketer report. percent of all digital advertising,” the report said. MORE

The need for faster payments is transcending borders, with FIs in several major global regions making efforts to expand local access to speedier payments. These innovations not only promise to improve payment speed, but to also accelerate financial access and empowerment in different markets. . MORE

workers reported experiencing money shortages while waiting for expense claim reconciliation. MORE

I just got a report from J Walter Thompson on the future of money and there’s some interesting facts and stats. Here are my headlines: 76% of millennials are looking for new forms of banking 40% of people in their twenties have downloaded a money management app 80% of millennials … The post The future of money (research report) appeared first on Chris Skinner's blog. 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

The pair produced a 53-page report on shopping habits recently, stating that the wealthiest shoppers — across the globe — are more so keeping an eye on their wallets by being thrifty. PYMNTS recently reported that Pernod Ricard , the maker of spirits and alcohol, is launching “Discover the House,” an online platform targeted at high-net worth individuals. Retail Bain Burberry high-end Luxury luxury sales report 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

Reuters reported that the theft stands among the largest in the country’s nascent cryptocurrency arena and might have the impact of dampening trading activity. In the past, Reuters reported that India’s government has said crypto-trading is on par with high-return — and high-risk — Ponzi schemes. That was lower than the international market price of $7,771, reported the newswire. MORE

An annual report by RSA shows how consumers perceive the security of their digital experience, where those perceptions are well (or poorly) founded and how organizations can capitalize on opportunities to distinguish themselves in the market by providing stellar security. The 2017 report is now available. The recent report offers a map of opportunities for businesses to differentiate themselves in the market. MORE

That’s according to the Sage Payments Landscape report on U.S. Sage, which is a market leader for integrated accounting, payroll and payments software, released the results of the sixth annual report focused on the current and future payment trends. The report addresses drivers for innovation, the need for omnichannel retailing, as well as payment security and consumer trust. Sage’s new report polled both U.S. Cash Index report Sage SMB SMBs study What's Hot MORE

This finding was reported in a recent survey from human resources management solutions provider ADP, and indicates how younger workers could impact payment trends in the coming years. It’s easy for consumers to buy just about anything online these days. 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

Unlike most reported estimates of cash, our proprietary data analysis focuses on the use of cash for making payments rather than hoarding. MORE

This market report gives an overview of the digital ecosystem and direct carrier billing landscape in South-East Asia MORE

According to a report in BGR , citing Gadgets360, Flipkart has launched two new services: Flipkart Finance and Flipkart Finance EMI. Both are offered as ways to pay for purchases, reportedly appearing when a user tries to convert a cash on delivery payment to another option. The report noted that Flipkart does offer the Pay Later option, which allows users to make a purchase and pay for it at a later date. MORE

government heard calls this week to break up its Financial Reporting Council (FRC), separating the body’s audit watchdog and corporate governance roles into two regulators, reports in City A.M. B2B Payments accounting regulation B2B big four auditors Carillion corporate auditors Financial Reporting Council FRC government accounting Institute of Directors IoD John Kingman KPMG News United Kingdom What's Hot What's Hot In B2BThe U.K. 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

News & World Report. News & World Report provides a well-established and trusted voice that consumers need as they navigate a process that can be extremely confusing. Real Estate Home Buying News HomeLight News real estate real estate agent Real Estate Apps US News and World Report What's HotHomeLight, a marketplace for connecting homeowners with real estate agents, announced Tuesday (August 7) that it is collaborating with U.S. MORE

Investors cheered the jobs report Friday, sending the Dow Jones Industrial Average up more than 250 points intraday and the tech-heavy NASDAQ to a new high. As reported by CNBC.com, the NASDAQ gained more than 1 percent on the day to ease losses seen over the past month. CNBC also reported that the bull market had notched its ninth anniversary, with the S&P up 300 percent since Mar. MORE

The latest PYMNTS.com X-Border Receivables Report , powered by Flywire , looks at new developments in the global commerce world that are working to help trading partners improve their relationships by exchanging funds more quickly. To read the full story, check out this month’s report. MORE

According to Kurt Rathmann, CEO and founder of SMB accounting firm ScaleFactor , the month-end close may be the traditional way of doing things, but it forces small business owners to examine data that, by the time a financial report is completed, is too old to be of much use. In today’s fast-paced business environment, the mad dash at the end of every month to close the books is hardly beneficial to today’s entrepreneur – or her accountant. MORE

Streaming giant Netflix, its premium plan allowing subscribers to view content in 4K on up to four devices simultaneously, is reportedly testing a new subscription plan called Ultra. In the subscription business, offering flexibility is increasingly important for retaining customers. 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

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

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

In the March X-Border Receivables Report, PYMNTS looks at how companies are launching a variety of new services aimed at improving the flow of payments in several different markets — and how blockchain-based solutions are gaining prominence as a viable cross-border payment solution. MORE

That’s according to Capgemini and BNP Paribas, which recently released new research through the 2016 World Payments Report (WPR). Paris-headquarterd Capgemini, a consulting and technology firm, has headlined the report for the past 12 years. The report specifically highlighted the growth in the developing markets, which have the highest rate of increased change — 16.7 Global digital payment volume is slated to hit a new high this year of 426.3 billion transactions. MORE

Private sector employment jumped by 178,000 jobs from April to May, according to the May ADP National Employment Report. The report comes as at least one industry is having a tough time finding workers. will need 898,000 additional drivers over the next 10 years to meet future demand, CNBC reported. Retail ADP job growth jobs report labor market News truck drivers trucking industry What's Hot MORE

Learn more about the digital ecosystem of the country from Fortumo's latest market report India is the second largest smartphone market in the world. MORE