Plastiq joins Visa’s Small Business Hub, ShipStation on how ERP links finance and logistics, and Citi makes a $900 million error with Revlon lenders
 

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

August 17, 2020

       BUSINESS-TO-BUSINESS EDITION

Payment Processes

Why FIs Are Taking Payments Multi-Cloud

For financial institutions using legacy systems, the thought of migrating payment processes to the cloud — let alone multiple clouds — can seem like an overwhelming task. It’s a digitization journey wrought with potential pitfalls that can saddle organizations with what NuoDB Chief Technology Officer Ariff Kassam describes as ‘technical debt.’ But he tells PYMNTS how firms can overcome the challenges to realize the value of a multi-cloud environment.

 

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Data Digest

Corporate Fraud Reveals The Breadth Of Scammer Tactics

From the smallest to the largest corporates on the planet, no business is immune to the ever-evolving tactics of fraudsters. This week's B2B Data Digest looks into the numbers of the latest scams, from accountants siphoning money from business bank accounts to BEC scammers switching tactics to take advantage of coronavirus confusion.

 

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Supply Chain Management

How ERP Bridges The Gap Between Logistics And Finance

Though small businesses have a plethora of options when it comes to logistics and financial management software, the two areas of operating an eCommerce business are closely intwined. While the enterprise resource planning (ERP) system has historically been out of reach for smaller firms, Russell Griffin, vice president, global solutions providers at ShipStation, told PYMNTS the adoption barriers have come down, and the ERP is now vital for fast-growing eCommerce firms.

 

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