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Cyberattacks, Google Crash Bring Internet Security Into Question

PYMNTS

At a time when our nation’s secrets at the NSA and Homeland Security and assets at the Department of the Treasury were able to be illicitly tapped into by foreign hackers, the security and reliability of countless other online industries and enterprises have also been brought into question.

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Hackers Disrupt Benefits Claims On Italy’s Social Security Website

PYMNTS

As individuals were beginning to seek COVID-19 benefits, hackers disrupted Italy’s Social Security internet site, per the leader of the welfare agency. Tridico said he notified authorities about the incident, which has brought into question the security of the country’s online infrastructure as it grapples with the COVID-19 crisis. “In

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Today In Payments: Default Fears Mount As China’s Banks Encourage Loans; Goldman, Morgan Stanley Predict Economic Devastation

PYMNTS

In today’s top news, state-owned financial institutions in China are offering incentives to boost consumer lending, and economists at Goldman Sachs and Morgan Stanley predict the coronavirus will be economically devastating. Beijing is looking at personal lending as a way out of the economic crisis brought on by the coronavirus.

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Washington Attempts to Bully India into Cutting Ties with Russia

CFO News Room

The G-7 plans are likely to send oil prices higher (despite US Treasury Secretary Janet Yellen claiming the opposite ) and reduce tanker availability, both of which will threaten India’s energy security and hurt its economy as India is the third-largest consumer and importer of oil worldwide. Russia is far from reliable in any realm.

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Investors Cool on Internet-of-Things Startups, a Tech Conduit for Retailers

CFO News Room

The number of funding deals for startups developing Internet-of-Things technology, or IoT—as the software-connected systems are called—dropped to a six-year low of 300 deals in the second quarter, according to analytics firm PitchBook Data Inc. . billion—with notable exceptions in areas like security and connected vehicles—outpacing a 22.2%

Startups 100
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Southeast Asian digital economy hits $100B in revenue: Bain

Future CFO

While adjacent revenue streams such as advertising and delivery services serve as a long-term growth engine for e-commerce, growing the number of users and transaction sizes is key to growth and boosting profitability. Transport is seeing a strong recovery boosted by successful monetisation efforts as its revenue reaches $1.1

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Air Traffic Down About 77 Percent On Christmas Day 2020

PYMNTS

The Transportation Security Administration said 616,469 people flew on Christmas Day, about 23 percent of the number of passengers who took to the skies the previous year. For most holiday travelers, the decision to drive is no longer primarily influenced by cost or convenience, but safety and security.”.