Fitbit Reportedly Mulls Possible Sale

PYMNTS

Under its challenges of moving to smartwatches from fitness trackers, Fitbit has reportedly been in discussions with an investment bank surrounding the possibility of looking into a sale. have cornered a greater market share with their devices, Reuters reported.

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Kountable Launches SMB Credit Reports Based On Execution Behaviors

PYMNTS

Kountable announced it has launched credit bureau reporting for SMBs in Rwanda and Kenya based on how well they execute on projects. B2B Payments B2B credit report Kenya Kountable News Rwanda small business financing What's Hot In B2B

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MYOB Suffers Payroll Reporting Glitch

PYMNTS

Australian small business cloud accounting company MYOB was managing a system glitch last week after it confirmed hundreds of payroll reports known as group certificates or payment summaries were sent to the wrong recipients.

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Capital One Offers Free Business Credit Reports

PYMNTS

According to a recent Capital One survey, nearly 31 percent of small business owners have either never heard of business credit reports or are not educated about them, despite the fact that managing their credit can enable them to access more funding, establish partnerships and grow their businesses.

Popular Millennial Site Bleacher Report Dives Deep Into Sports Betting

PYMNTS

Bleacher Report, a millennial-focused sports website, has been steadily expanding into the sports betting space, attracting a new generation of gamblers who don’t consider sports gambling a bad thing, according to a report by CNBC.

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Report: Worldwide Accounts Payable Software Market To Reach $1.567M

PYMNTS

Zion Market Research released a report about the accounts payable software market on Wednesday (March 20), estimating the market will reach about $1,567 million by 2025, according to a release by the company.

TransferWise Reports 66 Pct. Profit Growth YOY

PYMNTS

TransferWise, one of Europe’s top five FinTech startups , announced profits for the third fiscal year in a row, with revenue after taxes 66 percent higher than last fiscal year, CNBC reported on Wednesday (Sept.

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State Regulators Report: Money Services Firms Handled $1.2T In 2017

PYMNTS

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.

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Nilson Report: U.S. Payment Card Market Tops $6T 

PYMNTS

trillion in spending for goods and services in 2018, The Nilson Report said in a press release Thursday (Sept. Founded in 1971, The Nilson Report provides news and information about the global card and mobile payment industry. Commercial and consumer cards issued in the U.S.

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NEW REPORT: How X-Border Receivables Save Rhinos

PYMNTS

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.

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PayPal reports strong numbers for Venmo, Visa posts solid Q2

Mobile Payments Today

PayPal and Visa reported strong earnings in the first quarter of 2019, with PayPal breaking out Venmo numbers for the first time

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EU Report Calls For Finance Authorities, AML Oversight

PYMNTS

European Union lawmakers released a report on Wednesday (Feb. 27) recommending that the EU create a police unit dedicated to the investigation of tax and financial crimes, as well as a watchdog organization to fight money-laundering, according to a report by Reuters.

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July’s Employment Report Is Just Fine

Abrigio

2 Bureau of Labor Statistics Employment Situation report for July was about in line with expectations. It’s a fine, albeit unexciting, report. The post July’s Employment Report Is Just Fine appeared first on Abrigo. The Aug.

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Analysts Report Brisk Demand For Latest iPhone 

PYMNTS

Pre-sales for Apple’s new iPhone are beating expectations and topping last year’s pre-orders for the same time period, Reuters reported on Tuesday (Sept.

Report 148

Judo Capital Taps VERMEG For Reporting Compliance

PYMNTS

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.

Accounting Expertise In C-Suite Can Compromise Financial Reports

PYMNTS

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.

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NEW REPORT: Are AI And ML Actually Transforming Retail?

PYMNTS

To learn more about how businesses are leveraging AI and ML technology to optimize their customer experience, click here to download the report.

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Moody’s: April ADP Jobs Report Was Inflated

PYMNTS

Payroll processor ADP’s report on the job market in April may have been inflated due to technical issues. The Labor Department will report non-farm payroll numbers for April on Friday (May 3).

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Report: The Late Tuition Payment Epidemic

PYMNTS

Among the findings outlined in the report: 50.5%: Share of supporters who rely on employment income to pay for tuition. Over the past three decades, the cost of college tuition has increased significantly.

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NEW REPORT: Retailers Face An Augmented Reality Check

PYMNTS

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!

Report 225

Financial Apps Have Better Mobile Retention Rates Than Other Industries, Report Says

Bank Innovation

Neither video games nor dating nor shopping have a stronger pull, in terms of initial mobile app retention than financial apps, according to one report released by mobile app research firm Liftoff.

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MoviePass Reportedly Temporarily Suspends Service

PYMNTS

With MoviePass suspending its service for “improvements” to its service, the end could reportedly be in sight for the movie theater subscription service. The offering went from having 3 million users in its ranks to approximately around 225,000 in April, CNBC reported.

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AppZen Analyzes Trends In Flagged, Rejected Expense Reports

PYMNTS

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.

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The Grocery Report: New Products, New Partnerships And New Channels

PYMNTS

That partnership , according to reports this week, is expanding. According to news reports out in The New York Times , Amazon’s grocery ambitions are bigger than Whole Foods alone. The Journal further reported that the first Amazon grocery store was opening for business in L.A.

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Wirecard Files Suit Against FT Following Investigative News Reports

PYMNTS

German financial and payments company Wirecard has filed a lawsuit against the Financial Times for a series of articles the news organization wrote alleging misconduct and fraud in its accounting, Reuters reported. The company’s shares climbed 30 percent on the news of the report.

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REPORT: Payment Tech Tops FIs’ Innovation Agendas

PYMNTS

To learn more about the motives and strategies behind FIs’ evolving innovation priorities, download the report. The financial world is awash in hot tech topics these days, from blockchain to artificial intelligence (AI).

Amazon Reportedly Sent Customers Wrong Order Info

PYMNTS

Amazon customers are saying they have received email updates and invoices about orders that belong to other people, as reported on Friday (Aug. Other Amazon customers reported similar incidents. “I The supervisor reportedly told her the issue happens frequently.

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August Jobs Report: Hiring Slows, but Wages Increase

Abrigio

This morning’s BLS Employment Situation Report showed a disappointing 130,000 net jobs created for the month of August. Overall, this is fairly bleak report. The post August Jobs Report: Hiring Slows, but Wages Increase appeared first on Abrigo.

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Why Regulation Won’t Fix Credit Reporting Agencies

PYMNTS

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.

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The future of money (research report)

Chris Skinner

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.

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New Report: How Consumers Use Connected Devices To Shop And Pay

PYMNTS

This report — the third in our annual series — shows the results of a national study of 5,000 U.S. In 2019, 31 percent of all consumers reported that they owned at least one voice-activated device, up from 14 percent in 2017. Voice is connected commerce’s killer app.

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Report: YTD India FinTech Investments Top $722M

PYMNTS

In all corners of the globe, the payments ecosystem is changing, marked by evolution and revolution. That’s especially true in India, where digital payments are being embraced by consumers and merchants alike.

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Report: Crypto Crime Could Reach $4.3B This Year

PYMNTS

A new report has estimated that losses related to cryptocurrency thefts, scams and fraud could reach $4.3 The company added that this finding is significant since it’s been reported that $8.7

Report 222

On Capitol Hill, Credit Bureau CEOs Say Reporting Changes Are In the Air

PYMNTS

Executives from the trio that has come to dominate credit reporting — Equifax , Experian and TransUnion , of course — appeared on Capitol Hill and gave testimony before the U.S. Separately, TransUnion offered half a dozen recommendations to revamp reporting efforts.

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NEW REPORT: Acing Overseas Tuition Receivables

PYMNTS

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.

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Report: Payments Help Merchants Fight Consumer App Fatigue

PYMNTS

Engaging Brick-And-Mortar Shoppers Via Mobile Apps report, in collaboration with LISNR. To learn more about how merchants can design apps that not only make in-store payments easier, but which also add-value to their broader in-store experiences, download the report.

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Report: Email Variants Keep BEC Fraud Humming Along

PYMNTS

The report shows the use of malicious emails, rather than attachments, is on the rise — which darkreading.com said comes along with new variants of impersonation fraud. As reported, the URL attacks are ones that trick recipients with links that bring them to malware of phishing sites.

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Facebook Reports Removal Of 2.2B Sham Accounts

PYMNTS

billion fake accounts in the first quarter of 2019, according to a report by Bloomberg. The statistics came through the company’s third content transparency report, a biannual document outlining Facebook’s removal of posts and accounts that violate the company’s policies.

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Facebook, FTC Reportedly Reach $5B Settlement

PYMNTS

The Federal Trade Commission and Facebook have reached a tentative decision to settle ongoing privacy issues with a $5 billion settlement, according to a report by The Wall Street Journal.

Report 173

New Internet Of Things Report Out

PYMNTS

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.

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Deloitte Report Identifies Unmet Cybersecurity Risks

Bank Innovation

In an age of technological advancement, banks are striving to keep up with the risks that are inherent to innovation. For consumers, it raises important questions of how financial institutions are fighting these risks.

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Acorns Reportedly Seeks Over $100M In Funding

PYMNTS

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.).

Report 228

NEW REPORT: Is Security Holding Omnichannel Banking Back?

PYMNTS

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.

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