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Big Data Explosion

Cisco

The future of financial services will be shaped by the ability of financial institutions to extract and deliver more customer value from data. The convergence of mobile, cloud, and IoT technologies continues to create new opportunities for institutions to deliver personalized and contextual financial services.

Big Data 139
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Procure-To-Pay’s Tax Conundrum

PYMNTS

One of the largest challenges for procurement chiefs today, according to Sovos VP of Strategy Christiaan Van Der Valk, is tax compliance, and it can easily trip up organizations as regulations become more complex — and as regulators’ strategies to ensure tax compliance become more sophisticated.

Taxes 139
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IMF’s Lagarde Calls Out FinTech As Industry Disruptors

PYMNTS

International Monetary Fund Managing Director Christine Lagarde issued a warning over the weekend about the impact artificial intelligence may have on the financial system across the globe. The meeting also resulted in the Group of 20 finance ministers announcing they will work together to create common rules to close corporate tax loopholes.

Industry 190
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In The Age Of Big Data, Why Are We Still Flying Blind?

PYMNTS

Yet, according to Fung Global Retail & Technology, 6,985 stores closed in 2017 , up 229 percent from 2016, and well above the number of stores which closed in the year that started physical retail’s death spiral: 2008. Census Bureau data reports that suggest nearly all retail sales happen in a physical store. percent in 1947.

Big Data 135
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Citizens Tracks Mid-Market CFOs’ Real-Time Payments Plans

PYMNTS

are anticipating new technologies and market trends for the year to come, with these professionals signaling interest in real-time and electronic payments. Twenty-nine percent said they already spend as much time on company strategy as they do on operational and financial management tasks. In an announcement Thursday (Dec. ”

Marketing 116
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Regulatory Concerns Ease For The World’s CFOs

PYMNTS

Financial management and strategy is now only part of the job description, which has come to include guiding their organizations’ tech adoption, cybersecurity efforts and growth strategy as well. Amid these changes is a world of regulatory shifts, from tax reform in the U.S. to financial reform in China and Brexit in the U.K.

Taxes 109
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Sageworks Offers Lenders A Door To SMEs

PYMNTS

14) that the company is entering the small business finance space with a new platform that adds to its existing consumer lending, credit risk and portfolio risk management offerings for financial institutions. Reports said Monday (Nov. ”

Lending 100