| Faster Payments Tracker⢠|
| NEW INSIGHT: How The Fed Is Clearing A Path For Faster Payments
The Fed wants payments to move faster â and quickly. In the latest issue of the Faster Payments Trackerâ¢, a PYMNTS and NACHA collaboration, Connie Theien, senior vice president of payments industry relations at the Federal Reserve and Janet Estep, CEO of NACHA, discussed the Fedâs new faster payments Governance Framework Formation Team, the groupâs goals for payment ubiquity within the decade and why they both believe that the plans are âambitious, but achievable.â Find that, plus the latest faster payments headlines and trends, inside the latest Tracker.
Read More... |
| SMB Hiring Growth Slows As Qualified Talent Proves Scarce
Separate reports from ADP and Paychex both drew similar conclusions this week: Small business hiring is slowing down. According to ADP, SMB employment levels have been erratic all year and have failed to keep pace with overall job growth. PYMNTS takes a look at the latest research, with some evidence pointing to SMBsâ struggle to find â and keep â qualified talent as a persistent obstacle.
Read More... |
| | Corporate Accounting | | Getting Accountants Ready For The Potential Of A Blockchain Future
Donât let their high-tech nature fool you: Businesses that deal in cryptocurrencies and blockchains, like crypto hedge funds, are forced to use manual accounting and record-keeping tools, relying on Excel spreadsheets to manage the numbers. Jake Benson, CEO of Libra, says thatâs because traditional accounting software is incompatible with data stored on blockchain. As DLT proliferates, and more businesses begin to interact with blockchain and cryptocurrencies, accounting solutions will have to adapt, Benson told PYMNTS, and that means accountants and auditors will, too. Read More... |
|
