Year: 2022

Small Businesses Increasingly Targeted by BEC Scams and Other Internet Crimes 
Small Businesses Increasingly Targeted by BEC Scams and Other Internet Crimes 
December 16, 2022  |  Cybersecurity

Criminals are using BEC scams against small businesses to steal hundred-thousand-dollar food shipments.  They are spoofing emails and domains to impersonate employees at real firms,...

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Digital Transformation Shows Retail Store Payment Preferences Split by Geography
Digital Transformation Shows Retail Store Payment Preferences Split by Geography
December 16, 2022  |  Retail

New research found payment innovation is seen as increasingly critical to long-term retail store growth. Introducing new and better payment choices for their customers is...

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Binance Crypto Exchange Faces Growing Industry Headwinds
Binance Crypto Exchange Faces Growing Industry Headwinds
December 16, 2022  |  Cryptocurrency

Efforts to restore public trust in the Binance crypto exchange are proving to be challenging. This, as ongoing industry headwinds continue to blow and new...

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Goldman Sachs Layoffs May Reach 4,000 Across Firm
Goldman Sachs Layoffs May Reach 4,000 Across Firm
December 16, 2022  |  Personnel

Goldman Sachs layoffs reportedly may reach as many as 4,000 employees. Reuters reported Friday (Dec. 16) that these planned cuts follow the firm’s laying off...

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UK Authorities Outline Vision for the Future of Open Banking
UK Authorities Outline Vision for the Future of Open Banking
December 16, 2022  |  Banking

U.K. authorities have outlined a vision for the future of open banking in the country. The Joint Regulatory Oversight Committee (JROC), which is led by...

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Iraqi Financial App Bluepay Now Enables Trading US-Listed Stocks 
Iraqi Financial App Bluepay Now Enables Trading US-Listed Stocks 
December 16, 2022  |  Europe

Iraqi financial app provider Blue now enables users to trade U.S.-listed stocks.  The Iraq-based FinTech said in a Friday (Dec. 16) press release that the launch of this latest...

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Payoneer to Expand Payments Services Offering in Singapore 
Payoneer to Expand Payments Services Offering in Singapore 
December 16, 2022  |  Payment Methods

Payoneer will soon be able to offer additional payments services to companies located in Singapore.  In a Friday (Dec. 16) press release, the commerce technology company said...

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Strong Labor Market Skips Main Street’s Small Businesses 
Strong Labor Market Skips Main Street’s Small Businesses 
December 16, 2022  |  SMBs

Between inflation and a tight labor market, retail’s small businesses can’t catch a break.  The U.S. economy added 263,000 non-farm jobs in November. This was roughly in...

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Binance Auditor Pauses All Work Across Crypto Markets
Binance Auditor Pauses All Work Across Crypto Markets
December 16, 2022  |  Cryptocurrency

Accounting firm Mazars is putting its crypto markets practice on hold. The reversal comes just days after the firm faced pushback following its recent work...

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