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PYMNTS

 •  December 11

That may leave many of you who left for the office this morning having watched a half hour or so of morning network or cable programming — who probably spent some part of your weekend parked in front of the television watching sports, “Saturday Night Live” or “The History Channel” — wondering if you’re an outlier, or just too old and set in your...

PYMNTS

 •  December 11

Much of the alternative business financing market formed as a response to the need for an entirely different way for companies to take out a loan. Steve Troy, CEO of AeroFund Financial, says that’s a trend permeating many components of corporate finance today: Businesses don’t just need better tools – they need, in some cases, an entirely new way...

PYMNTS

 •  December 11

There seems to be no such thing as a Christmas vacation when one’s main profession is defrauding consumers and businesses. It appears the ever-inventive thieves of the world have found a new way to make gift card fraud work for them this holiday season, according to the Better Business Bureau (BBB). This year the scam relies on thieves grabbing...

PYMNTS

 •  December 11

Accounting software that boosts automation isn’t taking jobs away from human accountants. But it is altering the profession, with more small businesses seeking advisory services from their accountants and bookkeepers. Accountants are starting to pay attention to upcoming disruption too. Research released in October from BlackLine found more than...

PYMNTS

 •  December 11

December 5, 2017 was day one, Down Under, for Amazon. It was, according to Amazon executives, an opening day that broke all previous opening day records. It is, perhaps, not surprising. Although Australian consumers don’t spend as much money online as their American and U.K. counterparts, they are enthusiastic online shoppers. As a highly mobile...

PYMNTS

 •  December 11

Apple is looking to boost its music service subscriptions by acquiring Shazam for about $400 million. According to TechCrunch, media reports are saying that Apple is buying the music recognition app, with the deal to be finalized and announced sometime this week. Shazam, a U.K. company founded in 1999, allows people to use their smartphones or...

PYMNTS

 •  December 11

Whether bank customers are consumers or businesses, chances are good that they do at least some of their banking online. This month, startup nanopay is announcing a partnership with Canadian nonprofit interbank network Interac to help businesses manage the complexity of working across borders. The partnership creates access for any bank account...

PYMNTS

 •  December 11

New data from the Cambridge Centre for Alternative Finance (CCAF) found the U.K.’s alternative finance market grew by 43 percent in 2016, and researchers are pointing to small businesses (SMBs) as a key driver of that expansion. According to news from Reuters late last week, the survey, released on Friday (Dec. 8), found $6.2 billion was raised...

PYMNTS

 •  December 11

J.P. Morgan Chase & Co. is bringing in a new executive to oversee the Sapphire Reserve credit card. The nation’s largest bank has hired Matthew Massaua to oversee the popular rewards card and other Sapphire cards, according to a J.P. Morgan memo reviewed by The Wall Street Journal. Massaua, who is scheduled to start his new job January 1, will...

PYMNTS

 •  December 11

Financial services firm FIS is linking customers of Fifth Third Bank to real-time payments, the companies said late last week. FIS will bridge Fifth Third into The Clearing House’s (TCH) Real-Time Payments (RTP) system to enable real-time transacting for customers. Fifth Third said it will go live on the RTP system in early 2018 and will support...