News

Security & Fraud
IRS Warns Of Revamped W-2 Email Scam
February 07, 2017

The Internal Revenue Service recently issued a warning to U.S. employers and taxpayers to take additional cybersecurity precautions in the wake of new developments in an email W-2 phishing scam. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
Businesses Worried Over EBA’s New Standards For Online Payments
February 07, 2017

Businesses and banks are concerned over new proposed standards from the European Banking Authority (EBA) that would require “strong customer authentication” for all electronic payments over €10 (around $10.50). These new rules, issued in response to requirements in the Payment Services Directive, would make online transactions...

B2B Payments
Work Market Enables Faster Freelancer Payment
February 07, 2017

Work automation company Work Market is rolling out new features to help 1099 workers get paid more quickly and enable employers to pay those workers in the way they want. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Payments Innovation
The Recurring Science (And Art) Of Revenue Recognition
February 07, 2017

The subscription or recurring payment model provides some visibility for firms, but closing the books at month end and the back end is no easy matter. Dan Burkhart, CEO of Recurly, delved into his firm’s link-up with QuickBooks Online and the issues that mark recurring...

B2B Payments
MPs Call On Lloyds To Compensate SMEs Scammed By HBOS
February 07, 2017

U.K. policymakers are calling on top bank Lloyds to compensate SMEs that were scammed by HBOS in a scheme before Lloyds acquired the banking unit in 2009. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
SMEs Like Speed, Dislike Robots For Accounting
February 07, 2017

Automation has enabled the acceleration of key business processes, and that includes the accounting function. But a new report from business SaaS company Exact finds conflicting feelings among SMEs when it comes to their accounting needs. Get the Full Story Complete the form to unlock...

B2B Payments
In VC Competition With China, US B2B FinTech Wins
February 07, 2017

China is an emerging FinTech hotbed thanks to its expanding middle class, rapid digitization and electronic payments adoption. But a new report from Citi found that, while China may be the market to watch for FinTech investments, the U.S. continues to thrive at the top of...

B2B Payments
Why Faster Payments Need Flexible Technologies
February 07, 2017

You can test all you want, but for payments innovators, the true test only comes when a solution is released out into the real world. For the U.K.’s Faster Payments initiative, there have already been some changes made to the service that looks to support...

International
Increased ATM Usage Fueled By Financial Inclusion
February 06, 2017

A new report from research firm RBR revealed a strong demand for ATM services in developing markets, most notably in Asia-Pacific and the Middle East and Africa (MEA). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...