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Flywire CISO: SOC 2 Type II Audits’ Silver Lining

PYMNTS

Controls are everything in business and in data security. Against that backdrop, SOC 2 — shorthand for Service Organization Control, originating from 2011 — is gaining in popularity, according to Flywire chief information security officer Barbara Cousins. A SOC 2 Type II review will include the testing of these controls.

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How to introduce data integrity in your regular FP&A activity?

Spreadym

Data integrity is a critical aspect of data management and is essential for maintaining the trustworthiness of data for various purposes, including decision-making, compliance, and security. Security: Data integrity is closely related to data security. It ensures accountability and traceability in data management.

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Bitcoin Daily: Robinhood Secures NY Money Transmission License; Harvard, Levi Strauss Team On Blockchain

PYMNTS

IBM has teamed up with banks and insurers to create a blockchain system for the healthcare space, according to an announcement. In the months to come, the company plans to enable users to buy and sell — as well as store — digital currencies.

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Banking-As-A-Service, B2B eCommerce Lead Busy Week For B2B FinTech Funding

PYMNTS

Procurement Partners , a procure-to-pay technology provider designed for the healthcare industry, did not disclose how much it raised from Serent Capital when it announced the growth investment. The company supports the full purchasing cycle with invoice integration and compliance auditing capabilities. Modularbank. the company said.

B2B 77
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Today In B2B: Revolut Debuts New Business Feature; MonetaGo Targets Trade Finance Fraud

PYMNTS

Plus, Pioneer Bank sues over MyPayrollHR scandal, Procurement Partners secures new funding, and ImagineTime partners on FinTech for accountants. Procurement Partners , which works on procure-to-pay services for healthcare providers, has received an investment from Serent Capital , according to a press release.

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Deep Dive: How Firms Can Avoid Costly Mistakes Come Tax Season

PYMNTS

These systems also drive up administrative costs for companies needing to audit or verify each piece of relevant financial information before it is reported to tax authorities. Digital expense systems that empower quicker and more efficient spend reporting and data consolidation could fix many of these issues, especially as U.S.

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How To Reopen The Workplace: Digital Test Results And Blockchain

PYMNTS

Shane Bigelow , CEO of Vital Chain , which uses blockchain to help individuals download and control how healthcare data is used — including COVID-19 test certification — told PYMNTS in a recent interview that digital certificates can go a long way toward reopening businesses and establishing trust.