Uber for Business adds expense integrations, Mastercard and DiviPay launch Aussie v-cards and Hiscox talks ePayments’ fight against embezzlement
| | BUSINESS TO BUSINESS EDITION | B2B Payments Fraud Tracker |
Nissan's Ghosn Gone Amid Improper Payments Scandal Nissan votes to oust Chairman Carlos Ghosn from his position in the wake of alleged fraud. Beyond those headlines, Australia warns, urgently, of BEC scams. In Venezuela, a former government official is headed to jail after reportedly taking as much as $1 billion in bribes. |
Startups (And Their Investors) Offer Enterprise Processes A Digital Overhaul With more than $370 million raised by B2B startups this week, investors are showing their support for companies that help other businesses embrace digitization. The cloud, artificial intelligence and robotics are all prevalent themes in this week's venture capital breakdown, with startups working to overhaul entire processes for their enterprise customers, from logistics to workforce management. |
| Cybersecurity | Corporate ePayments Still At Risk For Employee Embezzlement Electronic payments are touted as a safer way for companies to pay than cash or check, but new research from Hiscox finds embezzlement schemes are wreaking havoc on company coffers, whether payments are digital or not. Hiscox Crime and Fidelity Product Head Doug Karpp tells PYMNTS that the problem is often an issue of people, not technology. | | |
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