FastPay discusses its acquisition of AnchorOps, Uber facing multiple DOJ inquiries, and Square’s bank ambitions challenged.
| | | | BUSINESS TO BUSINESS EDITION | | Buyer Beware: The Hidden Costs Of Building An In-House Fraud Team
Building your own fraud management team isnât as cheap or easy as it sounds. Often, it may not be worth the expense and headaches, even if it may look that way. KC Fox, Radial VP of payments, tax and fraud, walked PYMNTS through the companyâs latest thinking on the hidden costs that can make a DIY fraud approach more trouble than itâs worth.
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| When Small Businesses Donât Realize Theyâre Cyberattack Victims
Small businesses remain dangerously ignorant of cyber threats, and the latest research from Nationwide suggests lapses in understanding of what even constitutes a cyberattack are significant. In its third annual cybersecurity survey, the firm uncovers just how many small businesses have fallen victim to a cyberattack â and donât even realize it.
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| | Industry Dive | | FastPay Acquires AnchorOps To Solve Media Agency Cash Crunch
Like many industries, the media landscape supports complicated supply chains and is plagued by extended supplier payment terms, sometimes spreading into the 120-day mark. But unlike other industries, relaxed FCC rules, frequent changes in company ownership, and a steady stream of new market entrants make paying the right suppliers (and accurately reconciling those transactions) a headache. Secil Baysal, COO and President of FastPay, and David Frogel, President of AnchorOps, tell PYMNTS how their merger, announced this week, could address cash flow gridlock in a notoriously complex industry. Read More... |
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