April Fools 2019

April Fools 2019
Corporates Turn To 365-Day Payment Terms To Manage Cash Flow
April 01, 2019

Inspired by Amazon’s new Prime offer, Amazon Day, CFOs and corporate cash managers are transforming their payables operations so that they pay suppliers on the same day each year. Dubbed PayDay, the aim is to streamline payables operations and eliminate the friction associated with having...

April Fools 2019
Fed’s Faster Payments Council Embraces ‘Speed Of Light’ Payments
April 01, 2019

Payments has moved beyond batches to … photons.  The Fed’s faster payments council now seeks to enable the fastest payments in the universe, approaching and perhaps even exceeding the speed of light.  Get ready for the warp bubble.

April Fools 2019
EU’s ‘Turning It All Back’ Initiative To Embrace New, Old Tech
April 01, 2019

Get ready for a commodore — the old Commodore 64, that is, a mainstay of the home computing boom of the 1980s. News from the European Union — specifically, the organization’s Committee of Turning It All Back — is that politicians and regulators from the EU’s...

April Fools 2019
Thousand-Year-Old Japanese Firm Eyes IPO
April 01, 2019

Amid the excitement for Levi Strauss’ initial public offering (IPO), Kongō Gumi is eyeing a listing on the New York Stock Exchange more than 1,000 years after its founding. While plans for the construction company’s listing are not set in stone, unnamed sources have claimed...

April Fools 2019
Trulioo Finds New AML Market In The Ozarks
April 01, 2019

To help curb money laundering, identity verification provider Trulioo announced on Monday (April 1) that it had opened an office in the Ozarks. The Vancouver-based company, which recently established a physical presence in Dublin, will seek to fill 40 positions in the region, the firm said...

April Fools 2019
Google’s Attempted Re-Org By Alpha Algorithm Crashes Google’s Tech
April 01, 2019

Around the world, billions awoke in terror this morning, April Fool’s Day 2019, when they realized that Google search wasn’t working — or, at least, wasn’t working the way it once did. Search returns were presented in alphabetical order, but different search terms presented results that did not include...

April Fools 2019
Microsoft Bans April Fools’ Day, Cat Videos
April 01, 2019

Bucking the trend of the tech industry for the last decade, Microsoft has formally decided to ban April Fools’ pranks this year. In a company-wide memo, Microsoft’s Chief Marketing Officer Chris Capossela told employees that, this year, they were officially sitting this one out. “I...

April Fools 2019
New Search Engine Promises Total Privacy — And More Clicks
April 01, 2019

The last couple of years have brought a consumer, political and regulatory backlash against the privacy and data-sharing practices of big tech and social media firms. Today came a development that will surely capture of the attention of historians of the digital world of the...