Square Capital partners with eBay, Divvy talks payment tool adoption amid fresh funding, and Oracle launches solution to streamline corporate accounts.
 

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

July 252018

       BUSINESS TO BUSINESS EDITION

Blockchain Tracker

Blockchain Finds More Commercial Uses, Telecom Among Them

Moving beyond the bitcoin real, blockchain is getting ready for its closeup, it seems. In a series of moves in Asia, local governments are embracing blockchain for any manner of projects — with some hefty funding in place. Elsewhere, South Korean telecom giant KT is using blockchain to power speedier transactions and safeguard online security.

 

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Cybersecurity

Business Email Scams Spin Even Wider Webs

If the Business Email Compromise (BEC) isn't on one’s corporate radar, it should be. Between FBI warnings and ever-increasing stats about the billions of dollars redirected by BEC scams, it's now the top cyber threat against corporates. The Association for Financial Professionals' latest report on corporate fraud finds BEC scams are spinning an even wider net, targeting wires, checks and ACH business payments. Here's the low-down on how companies can protect themselves.

 

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Spend Management

What Drives Corporates To Ditch Some Payment Tech, And Flock To Others

Corporates aren't just looking to drop checks. According to Divvy, executives would prefer if they never had to reimburse on an expense report again. It's one of the largest reasons virtual cards are taking off, Divvy's Sterling Snow told PYMNTS fresh off announcing a $35 million Series B funding round. But virtual cards won't be the only focus for the corporate spend management firm.

 

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What's Hot


Square Capital Pulls eBay Into SMB Lending Space


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