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Finance Friday – 3/21/14

This week saw new health-initiatives for accountants, businesses sticking with checks, a special NetSuite announcement, and yet another credit card breach. Did we miss anything? Tweet to us @mineraltree!

Food Companies Promote Healthy Eating for Tax Season

Crunchies, a company that sells freeze-dried fruit and veggie snacks, launched an online promotion last week aimed at accountants and tax professionals. The promotional campaign, known as “Crunching The Numbers,” began on March 15 and concludes April 30. (via Accounting Today)

AFP Survey: Firms Taking A Slow, But Steady B2B Path

When businesses are paying each other, checks remain the dominant vehicle, representing on average nearly half of all B2B payments. Their primacy, however, is slipping. In 2004, 81 percent of payments were made by check, but by 2013 the rate had fallen by almost 30 percentage points, new research shows. (via

NetSuite CEO Zach Nelson to Keynote at the 4th Annual Wells Fargo Technology Transformation Summit 2014

NetSuite Inc. (NYSE: N), the industry’s leading provider of cloud-based financials / ERP and omni channel commerce software suites, today announced that NetSuite CEO Zach Nelson will keynote at the Wells Fargo Technology Transformation Summit 2014 at 9:00 a.m. PT on Wednesday, April 2, 2014 at The St. Regis in San Francisco, Calif. (via BizJournal)

GoBank Opens Online Store Selling Bank-Branded Swag

Do you love your bank enough to get a tattoo of its logo? No? Well, how about just wearing a t-shirt? GoBank bets its customers care enough to do that. The mobile-first bank has opened a CafePress store selling its own “swag.” (via BankInnovation)

Sally Beauty Confirms Card Data Breach

Nationwide cosmetics and beauty retailer Sally Beauty today confirmed that hackers had broken into its networks and stolen credit card data from stores. The admission comes nearly two weeks after KrebsOnSecurity first reported that the company had likely been compromised by the same criminal hacking gang that stole 40 million credit and debit cards from Target. (via Krebs on Security)


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