Bank of America links biz cards to mobile wallets, Mastercard debuts B2B trading platform for SMBs and Visa targets real estate accounts payable
| | | | BUSINESS TO BUSINESS EDITION | | Mastercard Track Fast-Tracks Supplier Vetting, Onboarding It takes an average of 16 friction-filled, often paper-intensive days for a buyer to onboard a supplier. Mastercard and Microsoft have teamed to launch Mastercard Track, a digital platform to fast-track trade between trading partners by streamlining the supplier discovery, vetting and onboarding process. Carlos Menendez, president of enterprise partnerships at Mastercard, and George Zinn, corporate VP and treasurer at Microsoft, tell Karen Webster how buyer-supplier networks will use Track to streamline trade and build trust. |
| Businesses Urged Not To Pay Ransom To Cyberattackers With experts warning that downtime due to a cyberattack proves to be more costly than the cost of a ransom request, it's no wonder many businesses may want to pay ransomware attackers to regain control of their data as quickly as possible. However, research warns that paying the ransom only fuels future attacks. Fewer companies are willing to yield to cyberattackers' demands, but the data shows firms still paid more than $300M to ransomware hackers in 2016. |
| | Supply Chain | | The Many Hands (And Technologies) Of Supply Chain Disruption The points of friction within the global supply chain are seemingly endless: visibility into tiers of suppliers, access to capital, a lack of transparency as goods move, cross-border payments â the list goes on. Citizens Reserve CEO Eric Piscini says such complex problems need many collaborators. While blockchain may be able to address some of these issues, it's far from the only technology that should come into the mix, he tells PYMNTS. |
| | |
| | Having trouble viewing this email? Please Click Here This email was sent to you by PYMNTS.com. To ensure delivery to your inbox,
please add ops@pymnts.com to your address book. |
|
This email was sent to newsletter@newslettercollector.com by PYMNTS.com
Instant removal with unsubscribe
PYMNTS.com | 111 Devonshire Street | Boston, MA | 02108
