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Today In Data: Alternative Banking, Innovation Budgets And Transportation Expenses

PYMNTS

Here are the numbers: 270 million | Number of bank accounts opened using the Aadhaar payments app, according to analyst estimates, meaning more transacting and banking is being done outside the traditional system. 25 | Number of hours it can take for SMBs to manually prepare and submit paperwork for the business lending process.

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Equifax Settles With NY AG Over App Security

PYMNTS

Underwood said all five companies had mobile apps that had a well-known security vulnerability that enabled hackers to intercept private data including passwords, social security numbers, credit card account numbers and bank account information.

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Top News In Payments: Paytm Secures $1B In New Funding; Olo Pilots BMW In-Car Ordering

PYMNTS

25) that it secured $1 billion in new funds from Japan’s SoftBank and China’s Alibaba affiliate Ant. The exposed information, however, reportedly did not include password data, Social Security numbers or any financial information. Code-named Cache, the accounts will be handled by Citi and Stanford Federal.

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Maersk and MSC to End 2M Global Shipping Alliance

CFO News Room

The three groups account for about 75% of global container-shipping capacity, according to data company Statista. Newsletter Sign-up The Logistics Report Top news and in-depth analysis on the world of logistics, from supply chain to transport and technology. Moeller-Maersk and Mediterranean Shipping Co. Global trade volumes fell 9.5%

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Secure Payments, Generation 2.0

PYMNTS

The number and the decimal — 2.0 — has evolved into a rough shorthand for the newest version of something. Enter 3-D Secure 2.0. The vision that is in place now, he added, is one where, as aided by 3-D Secure 2.0, “we can enable borderless commerce,” where goods and services should be able to be delivered from anywhere in the world.

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Duncan Burgess, Global Finance Director

CFO News Room

Duncan Burgess’ “number one passion” in his role is people. This provided great grounding, he says, particularly in financial accounting. He joined oil and gas company BG Group in their budgeting and forecasting team to broaden his management accounting and reporting experience. Beginning his role at Gett. See you on there!

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How cloud accounting made me enjoy the finance industry again

Creative CFP

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.