Company surrenders $1 million to ransomware, 4 companies merge to rival Concur, and TD Bank explores how to combat payments fraud.
| | | | BUSINESS TO BUSINESS EDITION | | Why SMBs Can (And Should) Still Use Spreadsheets
The Cloud has changed much when it comes to the way SMEs do business, and that extends to accounting processes. Don Mal, CEO of Vena Solutions, knows entrepreneurs love spreadsheets, and today, the cloud and its ability to give firms granular and real-time insight into finances means there's a way to upgrade spreadsheets into the sophisticated tool SMBs need. Mal explains how.
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| Awareness Proving The Toughest Hurdle For Aussie Alt-Lenders
The current market climate in Australia for SMEs â a late payments problem coupled with regulations pushing entrepreneurs toward AltFin â makes it a prime market for alternative lenders. So why isnât the industry taking off? New research from Moula and Digital Finance Analytics finds only limited awareness among small businesses when it comes to their alt-lending options. Hereâs what analysts say the industry needs to do to improve.
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| | Enterprise Security | | Why Tech, E-payments Aren't Enough To Address Fraud
Talking about what to do during a cyberattack is an uncomfortable conversation for many corporate professionals. But all of the flashy technology in the world won't necessarily safeguard an organization when an employee gets duped into wiring funds to a fraudulent account. TD Bank Head of Corporate Products and Services Rick Burke says automation, electronic payments, and hiring more staff aren't enough to fight corporate payments fraud, but education can often be the most effective weapon. Read More... |
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