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B2B Fraud Tracker

Study: BEC Attacks On Financial Service Firms Up 60 Pct

Proofpoint finds in a new study that BEC scams have financial service firms in the crosshairs, with attacks on that sector up 60 percent at the end of last year. Separately, Nissan’s Ghosn allegedly charged millions in questionable expenses to his former firm, while NASA pins two failed space missions on faulty supplier parts — and falsified reports.

VC Investments

B2B FinTech Bucks The VC Slump

On a global scale, venture capital funding took a turn for the worse in Q1, analysts say. Yet, one wouldn't know it from looking at this week's B2B venture capital roundup — one of the busiest this year so far, with more than $516 million invested in the B2B FinTech space.

Small Firms Demand Higher Speed, Lower Costs In Global Payments

Small businesses (SMBs) are rarely early adopters of emerging financial technologies. Only a few years ago, even cross-border payment solutions were lagging in adoption among SMBs. Today, however, international expansion is a must for many small firms. Andrew Turnbull, SVP of business banking at Canada's CIBC, says globalization has SMBs demanding cheaper, faster and mobile-friendly cross-border payment capabilities.

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