Friday, 22 Feb 2019
Category: Business

Formjacking Takes Off (And The Rest Of The Week In Sizzle And Fizzles)

While there is much negative to be said about cybercriminals, one can’t accuse hackers and cybercriminals of being uncreative in their methods.  As phishing and ransomware become known commodities in the world of digital security, the hackers and crackers just change up their methods. Their latest malovation?  Formjacking. The method works when cybercriminals insert some […]

Venmo Debuts Limited Edition Rainbow Card

Today Venmo will be rolling out its latest card offering for consumers.  Joining the lineup of the six brightly colored, Mastercard-branded debit cards Venmo rolled out about six months ago, the limited edition rainbow card is Venmo’s latest debit offering for customers that want more ways to pay with their Venmo account funds. “We’ve seen […]

Cortex Bought Up By Drillinginfo

Cortex, a provider of accounts payable and accounts receivable solutions for the oil and gas sector, has agreed to be acquired by Drillinginfo, a press release said on Thursday (Feb. 21). Genstar Capital, a private equity firm and investor of Drilling Info Holdings, announced the closure of the acquisition, marking the firm’s fifth add-on acquisition […]

State Employees In Mississippi Targets Of Direct Deposit Scam

In the quest for ill-gotten gains, fraudsters have a myriad of ways to try to scam unwitting victims, intercepting funds or having them sent to their own accounts. Much has been said in this space about Business Email Compromise (BEC) scams, where bad actors frequently pose as corporate officials, directing targeted individuals to send money […]

Logistics, Alt Lending Lead B2B Startup Funding

The more than $1.593 billion raised by B2B startups this week showcases investors’ interest in business finance and payments. FinTechs that landed new funding include a firm targeting friction in B2B payments in the construction space, alternative small business lenders and a company helping accountants guide their SMB clients toward capital. But it was logistics […]

Euler Hermes, C2FO Team Up On Unpaid Invoice Protection

Alternative small business (SMB) finance company C2FO is integrating a new solution from Euler Hermes to help small businesses protect against the risk of unpaid invoices. In an announcement on Thursday (Feb. 21), C2FO and Euler Hermes announced their partnership, which will link C2FO small business customers with Euler Hermes’ Single Invoice Cover product, protecting B2B […]

Barclaycard Links Travel Agents To Virtual Cards Via Amadeus

Travel booking company Amadeus is integrating Barclaycard virtual card technology into its Amadeus B2B Wallet solution to streamline business payments processes, the company announced Thursday (Feb. 21) in a press release sent to PYMNTS. Barclaycard will integrate its virtual card tool Precisionpay into the digital wallet, enabling travel agencies using the Amadeus solution to generate […]

Alias Creators On Security, GDPR And Data As The New Oil

“Alexa, how secure is my data?” Smart speakers and other IoT devices are growing in popularity and affordability for consumers, many of whom are now weighing their convenience and novelty against growing data concerns. New rulings like the European Union’s Revised Payment Services Directive (PSD2) and General Data Protection Regulation (GDPR) are calling for greater […]

The Invisible Engines Of Banking Innovation

Consumers take a somewhat binary view of the features and functions that come packaged as innovative: They either believe those innovations can solve problems and, therefore, embrace them or the consumers go somewhere else that offers legacy features and functions. Those consumers also don’t care about the efforts required to make those innovations valuable — […]

How Restaurants Can One-Up The Aggregators

It was easy for restaurants to get lured into a false sense of security as they watched during the early days of the great digital shift in retail. “Restaurants aren’t Amazon-able,” Olo CEO Noah Glass told Karen Webster, according to the prevailing opinion. Food, particularly prepared food, was too perishable to be “shipped,” and restaurants too hyperlocal […]