Square Capital partners with eBay, Divvy talks payment tool adoption amid fresh funding, and Oracle launches solution to streamline corporate accounts.
| | | | BUSINESS TO BUSINESS EDITION | | Blockchain Finds More Commercial Uses, Telecom Among Them Moving beyond the bitcoin real, blockchain is getting ready for its closeup, it seems. In a series of moves in Asia, local governments are embracing blockchain for any manner of projects â with some hefty funding in place. Elsewhere, South Korean telecom giant KT is using blockchain to power speedier transactions and safeguard online security. |
| Business Email Scams Spin Even Wider Webs If the Business Email Compromise (BEC) isn't on oneâs corporate radar, it should be. Between FBI warnings and ever-increasing stats about the billions of dollars redirected by BEC scams, it's now the top cyber threat against corporates. The Association for Financial Professionals' latest report on corporate fraud finds BEC scams are spinning an even wider net, targeting wires, checks and ACH business payments. Here's the low-down on how companies can protect themselves. |
| | Spend Management | | What Drives Corporates To Ditch Some Payment Tech, And Flock To Others Corporates aren't just looking to drop checks. According to Divvy, executives would prefer if they never had to reimburse on an expense report again. It's one of the largest reasons virtual cards are taking off, Divvy's Sterling Snow told PYMNTS fresh off announcing a $35 million Series B funding round. But virtual cards won't be the only focus for the corporate spend management firm. |
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