IBM's x-border payments tool launches, VAI traces ERPs' evolution, and Hong Kong readies first eBanking licenses
 

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

August 312018

       BUSINESS TO BUSINESS EDITION

B2B Payments Fraud Tracker

Wells Fargo Fires Employees Over Falsified Expense Reports

Fraud committed against enterprises hits firms large and small. Among the most noteworthy headlines this week, Wells Fargo’s latest scandal focuses on doctored expense reports, and beyond the pond in the U.K., several cases show how fraud can be perpetrated against government and insurance agencies. And a study from Barracuda Networks shows how sometimes, even the simplest of email scams is enough to make off with ill-gotten gains.

 

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VC Investments

Enterprise Data Storage And Security Land Top VC Funds

More than $205 million in financing was invested in B2B startups this week, signaling investors' continued appetite for these players as the seasons turn. Cybersecurity, per usual, saw a busy week, while workforce management, alternative small business lending, supply chain management and other financial services also secured rounds. But it was an enterprise data management firm, taking advantage of corporates' increased adoption of IoT and machine learning technology, that topped the list.

 

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Data & BI

The ERP Finds Its Footing In A World Of Corporate FinTech

The Enterprise Resource Planning system, a staple in the enterprise back office, doesn't look like it used to. From mobile support, to cross-application integration, to its inherent role in the enterprise itself, the ERP system is evolving. At the heart of these changes, VAI VP Joe Scioscia tells PYMNTS, is the need for centralized, real-time data visibility — and the ERP is becoming well-suited for the role.

 

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What's Hot


IBM's Real-Time X-Border Payments Network Goes Live


Hong Kong Readies First Digital Banking Licenses


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SignaPay Adds Financing, Procurement Features For Merchants


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Small Business Flexibility Tested In Ebbing Markets


 

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