PYMNTS

MAY 19, 2020

BlockFi said it was “able to confirm that no funds, passwords, social security numbers, tax identification numbers, passports, licenses, bank account information, nor similar non-public identification information was exposed as a result of this incident.”. dollars and Ukrainian hryvnias.

Foreign Exchange 84

Foreign Exchange Currencies Securities Numbers 84

PYMNTS

OCTOBER 7, 2020

SWIFT’s [Society for Worldwide Interbank Financial Telecommunication] new service offers the possibility of borderless low-cost account-to-account currency transfers from the bank’s own app or portal, and Oracle Banking Payments’ readiness makes this transition easy and fast for SMEs.”. The subsidiary of Oracle Corp.

Currencies 145

Currencies Banking Accounting Securities 145

PYMNTS

MARCH 1, 2019

Cybersecurity returned to the top of the B2B startup investment list as three companies in the enterprise security realm landed nearly half of the $246 million in B2B venture capital this week. Cequence Security. Also operating in the enterprise security space is Cequence Security, based in California. Contrast Security.

B2B 75

B2B Securities Investments Startups 75

The Finance Weekly

NOVEMBER 3, 2021

Account reconciliation is the matching and validating of balances in the general ledger (GL) to internal and external sources or other independent calculations to accurately close month-ends and year-ends. For both internal and external sources, each balance has to match the corresponding account in the general ledger.

Reconciliations 52

Reconciliations General Ledger (GL) Accounting Finance 52

PYMNTS

SEPTEMBER 30, 2016

You don’t have to look far to see security flaws leading to massive data breaches. Security experts believe that may be what happened to Yahoo — the tech giant confirmed that over 500 million user accounts were compromised by hackers, marking what is said to be the largest data breach in U.S.

Securities 76

Securities Currencies Accounting Numbers 76

PYMNTS

NOVEMBER 6, 2017

The Social Security number (SSN) was never meant to get this much attention. It was never meant to be shorthand for, well, you – proving that you are who you say you are, serving as a gateway to all manner of sensitive data and, of course, financial accounts. Let’s not pick solely on the SSN.

Securities 43

Securities Numbers Accounting Banking 43

PYMNTS

MAY 19, 2020

The Security Service of Ukraine is reportedly holding a hacker for allegedly selling a database with 773 million email addresses and 21 million unique passwords, CoinDesk reported. In other news, the government of Iran is aiming to limit digital currency exchanges with so-called “currency smuggling” regulations, CoinDesk reported.

Foreign Exchange 59

Foreign Exchange Currencies Securities Numbers 59

PYMNTS

MAY 3, 2017

Other efforts revolve around safety and security, as the executive noted that a card that debuted in South Africa has a safety feature embedded in the form of a fingerprint scanner. Delving a bit into the numbers, cross-border volume growth in transactions was up 13 percent year over year, and dollar volume growth stood at 8 percent.

Accounting 75

Accounting Currencies Securities Numbers 75

Creative CFP

OCTOBER 2, 2020

A couple of years into my career as a chartered accountant I started to wonder if I was still enjoying working in the finance industry. I was so consumed with day-to-day accounting tasks that I did not have time to monitor the financial health of businesses I was taking care of, or to provide valuable feedback to business owners.

Accounting 52

Accounting Finance Cash Flow Forecasting General Ledger 52

CFO News Room

FEBRUARY 2, 2022

Going forward, the network of participants and the number of use cases could continue to see rapid growth, giving cryptocurrencies in this category plenty of further upside. In 2021, there were a number of digital asset company IPOs, led by Coinbase , the largest listing (IPO, SPAC, or otherwise) of any digital asset company in history.

Concentration 130

Concentration Investments Securities Currencies 130

PYMNTS

SEPTEMBER 21, 2020

The rise of eCommerce can give merchants information ahead of transactions, which can be used to route those transactions with speed and security. That seamless interaction is built with APIs , where updates to payment offerings, security protocols and currencies become almost automatic.

eCommerce 124

eCommerce Currencies Securities Leverage 124

PYMNTS

JANUARY 26, 2021

At present, he said, a number of factors have inhibited the adoption of bitcoin as a transactional currency, including the fact that it’s expensive and can be very slow. Wider adoption will be driven, in part, by regulatory frameworks that enhance security and foster trust in using cryptos in everyday commerce. Looking Ahead.

Currencies 102

Currencies Healthcare Numbers Retail 102

The Finance Weekly

NOVEMBER 8, 2022

As the number and quality of software tools increases, companies are constantly looking to find better ways to cut down on manual work and increase efficiency. Finance is responsible for a large number of critical operations in a business. Finance is responsible for a large number of critical operations in a business.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Finance Accounts Payable Invoicing 98

PYMNTS

JULY 22, 2019

Unfortunately, also adding heat this week was the world of fraudsters and hackers – with a few pretty sizable security blips and glitches. personal identification numbers with income, as well as healthcare and social security information. – Ex-Microsofter Nabbed For Stealing Millions In Digital Currency .

Securities 40

Securities Banking Currencies Healthcare 40

PYMNTS

NOVEMBER 22, 2020

The actors were able to access the accounts after altering the settings for the cryptocurrency mining service’s domain registration at GoDaddy without proper authorization. NiceHash confirmed that users’ information remained secure after freezing funds for 24 hours and verifying that the domain settings had been reset.

Finance 52

Finance Education Currencies Securities 52

PYMNTS

JANUARY 19, 2021

In an age when speed, security, convenience and trust mean everything, we are offering customers greater ease, reliability, access and confidence with every transaction,” Farah said. Western Union enables cross-currency, cross-border transfers in 200 countries and territories. Walmart’s payroll numbers 2.2 and abroad.

Healthcare 87

Healthcare Currencies Retail eCommerce 87

PYMNTS

JUNE 19, 2020

At a high level, allowing disparate and far-flung customers to interact with ease and pay one another across different types of devices, wallets and currencies means that commerce gets a bit more fluid. The operative model here is the platform, where a universal payment ID would ostensibly make sending money as easy as sending emails.

Currencies 106

Currencies Banking Accounting Securities 106

PYMNTS

JANUARY 24, 2020

Wells Fargo ’s woes, which began in earnest in 2016 when a scandal involving millions of fake accounts created to boost numbers came to light, are continuing and don’t show any signs of abating any time soon, according to a report by Reuters.

Currencies 72

Currencies Banking Accounting Numbers 72

Future CFO

DECEMBER 11, 2023

Beyond improving supplier relationships, and better control over working capital, other benefits include better security given the increased visibility of payment details, and improved ROI with the anticipated lowering of bank wire fees. Real-time payments also mean account balances stay up-to-date.

Banking 98

Banking Finance CFO Leverage 98

PYMNTS

JUNE 18, 2020

Users receive an ID that works throughout “any payment network to transfer any currency” with PayID. The technology lets users move money sans routing, banking account or credit card number. legislators that digital currencies should have stricter supervision, CoinDesk reported.

Currencies 56

Currencies Risk Management Numbers Securities 56

PYMNTS

JANUARY 28, 2020

The Curve card, which is issued by Wirecard, streamlines multiple cards and accounts into one smart card and app. Customers can also change accounts when shopping. To ensure the security of transactions, Apple Pay does not store card numbers in any device or server.

Banking 56

Banking Valuation Currencies Startups 56

PYMNTS

AUGUST 24, 2017

3D-Secure 2.0 In this case, though, that upgrade comes to a security protocol designed to strengthen security around online credit card transactions, but which has seen little change since its inception 17 years ago. was to reduce the number of shopping cart abandonments driven by friction at the checkout. Like Web 2.0,

Securities 41

Securities Technology Currencies Leverage 41

CS Lucas

APRIL 28, 2023

Enhanced fraud prevention: The use of automated systems for transferring files reduces the risk of tampering, improving security. The bank statements and balances provide up-to-date information on the account balances and transactions, which are essential for cash planning and fund tracking.

Banking 52

Banking Reconciliations Transportation Securities 52

PYMNTS

JANUARY 21, 2021

“Thanks to this agreement, we can now offer JAGGAER customers and their suppliers improved tracking, reconciliation and speed of processing or receiving cross-border transactions in 134 currencies,” JAGGAER CEO Jim Bureau said in the announcement. The numbers came out to $2.5 US CFOs Consider How to Use Cash Reserves. trillion as well.

B2B 85

B2B Banking Reconciliations Currencies 85

PYMNTS

DECEMBER 11, 2020

Into the breach steps identity verification solutions that have spent this year using artificial intelligence (AI), machine learning (ML) and other financial automation that’s making it more difficult by the day for criminals to wash stolen loot through the accounts of legit customers. Defending New Digital Currencies.

Currencies 87

Currencies Finance Securities Banking 87

PYMNTS

DECEMBER 4, 2020

Mastercard Intros Mobilized Virtual Cards; Defines Intersection Between Functionality And Security. The virtual card offers a strong value proposition for corporates in the form of enhanced security and control over spend. New Data: Consumers Want Banks To Use Location Data To Keep Accounts, Transactions Fraud-Free.

Currencies 60

Currencies eCommerce Treasury Retail 60

PYMNTS

JULY 16, 2020

Treasury’s Financial Crimes Enforcement Network (FinCEN) is warning financial institutions of a “high-profile” new scam exploiting Twitter accounts to try and scam convertible virtual currency (CVC) out of individuals, according to a Thursday (July 16) press release.

Treasury 80

Treasury Banking Communication Currencies 80

PYMNTS

AUGUST 12, 2019

Cryptocurrency security firm CipherTrace revealed that crypto criminals have already stolen more than $1.2 On top of these numbers, the New York Attorney General’s Office revealed what they allege is a fraud involving the loss of $851 million by a major cryptocurrency exchange, Bitfinex. billion this year.

Currencies 61

Currencies Accounting Securities Numbers 61

PYMNTS

JANUARY 24, 2020

Wells Fargo ’s woes, which began in earnest in 2016 when a scandal involving millions of fake accounts created to boost numbers came to light, are continuing and don’t show any signs of abating any time soon, according to a report by Reuters.

Currencies 52

Currencies Banking Accounting Numbers 52

PYMNTS

JUNE 11, 2020

” In other news, Bitcoin IRA , the digital currency retirement savings company, is able to work with smaller accounts as roll outs its Saver IRA product, CoinDesk reported. The firm has added an account that doesn’t require a minimum balance but mandates a monthly deposit of at least $100 with its Saver IRA.

Currencies 56

Currencies Accounting Securities Numbers 56

PYMNTS

SEPTEMBER 22, 2020

The firm has roughly half a billion dollars primarily kept in short-term federal government securities prior to the pandemic. They reportedly informed him about a digital currency program that would provide a purported return of 20 percent to 30 percent monthly, according to Cointelegraph.

Treasury 68

Treasury Forecasting Currencies Economics 68

PYMNTS

NOVEMBER 16, 2018

RPA is igniting chatter in the corporate finance community as professionals explore next-level analytics and automation functionality to enhance processes like accounts payable, accounts receivable, cash flow management and more. Automation Anywhere. Existing backers, such as Xavier Niel, also participated in the funding.

Accounts Payable 77

Accounts Payable Foreign Exchange Currencies Startups 77

PYMNTS

JUNE 1, 2020

As Flywire’s Massaro said, the shift to the new normal that is still evolving has transformed any number of verticals. “We The questions revolving around security will necessarily move beyond simply focusing on the transaction and will force merchants, issuers and others to examine whether consumers are who they say they are.

Foreign Exchange 69

Foreign Exchange Securities Currencies Technology 69

PYMNTS

MARCH 21, 2018

Cross-border payments company Currencycloud is rolling out an accounts receivable solution aimed at reducing the friction of collecting payments from abroad. The company announced news on Tuesday (March 20) that its Global Collections tool is now live to support the acceptance of payments in multiple currencies. dollars or euros.

Foreign Exchange 49

Foreign Exchange Currencies B2B Accounting 49

PYMNTS

JUNE 20, 2019

Between data breaches exposing customer details and card information and the rise of card-not-present fraud as operations move online, digital businesses are challenged to stay abreast of payment security trends — and fraud is a massive issue for firms large and small. The False Positive Threat.

B2B 73

B2B Accounts Payable Invoicing B2C 73

PYMNTS

FEBRUARY 2, 2021

The conversation came against the backdrop where i2c announced a partnership with TAG, to launch a super app that provides instant payments capability to Pakistan’s unbanked adult population, which at present numbers about 100 million individuals. To them, transferring $10 from one account to another appears fairly simple.

eCommerce 94

eCommerce Compliance Numbers Currencies 94

PYMNTS

SEPTEMBER 17, 2018

As for the locale: Search warrants, noted by ZDNet , were served on those individuals in an immigration detention center, yielding 16 mobile phones, various SIM cards and a number of electronic storage devices. The scam, which used those devices and deployed email methods, netted more than $3 million in Australian currency.

Nonprofit 61

Nonprofit Healthcare Securities Currencies 61