| Synthetic Identities, Tailor-Made For Fraud
Familiarity doesnât breed contempt in payments security; it builds breaches â the kind that linger and cost billions of dollars in losses tied to fraud. The synthetic ID may be fraudstersâ weapon of choice these days, but technology can help turn the tide, GIACT Systemsâ executive vice president of product David Barnhardt told Karen Webster. Itâs why he said, in this new world, social media is a (potential) first line of defense.
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| Accountants May Be Bucking The Innovation-Averse Trend
Automated technologies have threatened the job of the corporate accountant, and there is certainly evidence to suggest that, if the role of the accountant isn't outright disappearing, it is at least changing. It may come as a surprise, then, that the latest research from Right Networks suggests corporate accountants aren't stressed about these shifts. In fact, they're quite optimistic about their profession, eager to adopt technology, and actually plan to increase staffing levels. PYMNTS highlights the most unexpected stats from the survey.
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| | Alternative Finance | | Investing In The Startups That Invest In Innovation
Alternative lending may have stepped in to help SMBs left out of traditional bank lending, but AltFin is not a one-size-fits-all solution. Tax consultant Garron Helman, CEO of new Canadian small business financing firm Venbridge, says innovative companies operating on newer business models and with heavy investment in R&D aren't always cash flow positive, but present an opportunity to spur the economy â if they can access working capital as they need it. Read More... |
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