Wolters Kluwer, which fell victim to a malware attack last week, sent a “quiet panic” through the accounting industry, with clients unable to access data and do their jobs. However, it wasn’t the only cyber incident that surfaced in recent days. Get the Full Story...
Investors have pulled about $1.8 billion from a supply chain investment fund operated by GAM and Greensill, reports in Financial News said Friday (May 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The B2B venture capital (VC) train continues full steam ahead after last week’s lucrative deals. This week, investors placed more than $1 billion in B2B startups, with the largest round landing at a Chinese artificial intelligence (AI) player. Other top deals focused on the corporate...
More than 1 million people canceled their television cable subscriptions in the first quarter of 2019 alone, and not because they aren’t consuming TV media and entertainment. In the shift to online streaming, cable companies aren’t the only players facing massive disruption: This change has...
U.S. Bank and corporate travel and expense management solution provider Chrome River announced a collaboration Thursday (May 9) that addresses the friction in reporting travel expenses for infrequent business travelers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
A malware attack at accounting software company Wolters Kluwer wreaked havoc on the firm this week, as reports stated the cyber event has spread “quiet panic” throughout the industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
There are trillions of dollars at stake when it comes to trade finance fraud, and a senior OCBC Bank MD urges firms to go digital to stop fake documentation. Elsewhere, Kraft Heinz finds several varieties of procurement fraud.
The U.S. Securities and Exchange Commission voted Thursday (May 9) to ease requirements for smaller public companies to be audited by external firms, reports in The Wall Street Journal said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Tensions are running high in the U.K. corporate auditing arena. Amid calls to break up the so-called Big Four auditors – PricewaterhouseCoopers, Deloitte, EY and KPMG – experts have raised concerns over why these players were unable to detect and prevent several high-profile corporate collapses...
