Top UK banks will miss Open Banking deadline, CloudTrade talks eInvoice adoption, and Ripple announces focus on blockchain infrastructure.
| | | | BUSINESS TO BUSINESS EDITION | | X-Ray Data Vision: How Being On Top Of Fraud Drives Top-Of-Wallet
How can payments and financial industry players balance what consumers need (security) with what they want (convenience) so that those customers wonât turn to third-party competitors? CA Technologies say that locking down mobile payments security would go a long way, but only if they look at fraud data all of the channels their customers shop and bank. In a recent digital discussion, CA Technologies shared new insights from a joint study with Javelin on the industry needs, challenges and touchpoints that could give traditional issuers a boost in an increasingly FinTech-dominated field.
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| Malware Success Rates Demonstrate Enterprise Security Failures
Focus on enterprise cybersecurity is at an all-time high, but it seems organizations are falling far short of protecting their systems. The latest research from SafeBreach, which conducted simulated cyberattacks, found ransomware is running rampant and, most of the time, is successful at infiltrating and moving throughout corporate systems. Those high malware success rates represent a worrying failure in enterprise security today.
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| | Accounts Payable | | The Oddity Of US Businesses That Still Use Paper Invoices
Paper checks and invoices remain commonplace in the U.S., an oddity according to David Cocks, CEO of eInvoice processing company CloudTrade. He recently spoke with PYMNTS about what drives companies across the EU and elsewhere to embrace eInvoices. In part, he says, it's regulatory mandates. But it's also a widespread acknowledgement that paper in the post is no acceptable way to do business. Read More... |
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