IBM uncovers widespread business email scam, RBS posts first profits in decade, and Teampay talks the challenge of spend analytics.
 

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

February 262018

       BUSINESS TO BUSINESS EDITION

Cybersecurity

Cofense Combines Humans, Tech To Thwart The Heirs Of Nigerian Princes

Everyone knows it’s a scam when they see an email from an estranged Nigerian prince looking to share his fortune — it’s the oldest trick in the book. It’s the newer tricks that are harder to spot — and sometimes, even artificial intelligence isn’t enough to catch them. Rohyt Belani, CEO of Cofense (formerly PhishMe), says that’s why a blend of human and artificial intelligence is needed. Following PhishMe’s acquisition and rebranding, Belani explained the approach to Karen Webster, and how Cofense’s new private equity consortium partners can help it stay ahead of the bad guys.

 

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Data Digest

Dramatic Gains, Losses In Corporate Finserv Earnings

This week's B2B Data Digest is all about earnings stats from the world of corporate FinServ and FinTech. As is always the case during earnings season, there is good news and bad, but a look at earnings data shows the pendulum swinging dramatically both ways, especially when it comes to the business lending market — with RBS's long road to profitability and LendingClub's losses at opposite ends of the spectrum.

 

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Commercial Cards

Spend Management's Rocky Road To Better Analytics

Andrew Hoag, CEO and founder of Teampay, says corporate finance is among the last areas of the enterprise to benefit from the advent of sophisticated software. In fact, he recently told PYMNTS, he has better tools to manage source code than to manage company money. This disconnect highlights the importance of data and analytics in the expense management space, the executive explains, and why tools like virtual cards are finally taking root.

 

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IBM Uncovers Business Email Scam Targeting Fortune 500 Firms


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