Samsung ponders blockchain for supply chain, Barclay’s launches VC-like unit, and Work explores cannabis firms’ payroll challenges.
| | | | BUSINESS TO BUSINESS EDITION | | A Quantum Leap For Data Security Quantum computers may be a game changer when it comes to data security, rendering traditional encryption methods useless. Dmitry Fedyanin, senior research fellow at the Moscow Institute of Physics and Technology, tells PYMNTS that the high-speed quantum internet can keep data safe from even the fastest of foes armed with the most powerful of computers. Just give it about a decade. |
| SMBs Feel Neglected By Banks â But Lack Unbiased Information To Switch Optimism among small businesses in the U.K. is, surprisingly, at a record high. But how long will it last? A slew of research reports this month finds small businesses are frustrated with a one-size-fits-all approach to SMB financial services, and they feel neglected by large service providers. They're also struggling with a lack of unbiased information when searching for financial services and products. Add geopolitical and economic uncertainty from Brexit into the mix, and you may have a recipe for brewing pessimism. |
| | Payroll | | Cannabis Cosâ Payroll Problems Run Deep Legal cannabis businesses are often hard-pressed to find a bank. This struggle is typically linked to the disparity between federal and state law: Federally-regulated FIs can't service marijuana firms that may be legal under state law, but not federal law. But Keegan Peterson, founder and CEO of Wurk, explains that there are, indeed, banks that can provide marijuana firms with financial services, though they choose not to â for an array of complicated reasons. He explains to PYMNTS why cannabis industry HR and payroll providers like Wurk have to remain flexible as the regulatory landscape evolves. |
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