Bank of England considers cryptocurrency, MD community bank services marijuana SMBs, and what’s in a (blockchain) name?
 

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January 42018

       BUSINESS TO BUSINESS EDITION

PYMNTS Faster Payments Tracker™

NEW REPORT: FIs 2018 — Getting Fitter, Faster
 

FIs are looking to get in top fiscal shape for 2018 by upping their faster payments game. In the January PYMNTS Faster Payments Tracker™, Dan Massey, SunTrust Banks' chief technology officer, explained how the bank aims to boost client experiences in 2018 with faster payment capabilities and new services. Some of what’s on the agenda? We have the details, inside the Tracker.
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Blockchain Tracker

The Blockchain Pivot Effect: Quick Cash For Non-Blockchain Businesses
 

What do a solar power, biotech and Long Island iced tea company have in common? They have all recently made the dramatic business model pivot into the world of blockchain, and, as a result, shares went soaring. Ripple CEO Brad Garlinghouse has warned businesses not to force blockchain into the mix just to raise capital, but the trend continues anyway. PYMNTS takes a look at the latest companies to enjoy a quick (though potentially short-lived) financial bump thanks to the blockchain hype.
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SMB Accounting

Nonprofits Make A Gradual Move Into High-Tech Accounting
 

Accurate and transparent financial reporting is undoubtedly a must for any corporation, and analysts agree that digitization has led to a deluge of data that complicates CFOs’ reporting ability. But AccuFund general manager and vice president Ian Scotland recently told PYMNTS that for nonprofits, the stakes are even higher. He explains how changing regulations and technological demands creates a challenging accounting environment for nonprofits. But, he said, technology in the form of AI and APIs could eventually be instrumental to accurate, compliant financial management.

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