News

Security & Fraud
South Korean Company Surrenders $1 Million To Ransomware
June 21, 2017

A South Korea-based web hosting firm has fallen victim to ransomware. That’s not unusual in today’s cybersecurity climate, but what is unusual is how much the company is paying to regain control of its systems: $1 million. Get the Full Story Complete the form to...

B2B Payments
Certify Combines With 3 Firms Into T&E Giant
June 21, 2017

Corporate travel and expense management company Certify is merging into three other industry players to become a giant in the space, news reports said Tuesday (June 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
SMB Lending Platform Nav Lands Visa Talent
June 21, 2017

Small business lending platform Nav announced Tuesday (June 20) that Visa Head of Global Small Business Janet Zablock is joining its board as an independent member. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
Awareness Proving The Toughest Hurdle For Aussie Alt-Lenders
June 21, 2017

Australia’s market for small- and medium-sized enterprises (SME) is by no means easy. The nation is grappling with a late supplier payments problem and with regulators looking to accelerate corporate payments to SMEs, though with limited expectation for the efforts to work. Get the Full...

B2B Payments
Why Tech, ePayments Aren’t Enough To Address Fraud
June 21, 2017

The latest, flashiest cybersecurity technologies won’t necessarily protect you when an employee clicks a malicious link or falls for a Business Email Compromise scam. Rick Burke, head of corporate products and services at TD Bank, said now that cybercrime awareness is at new highs among corporate...

Security & Fraud
New Survey By Kaspersky Lab Shows Cyber Attacks Are Alive And Kicking
June 21, 2017

Kaspersky Lab, the security software company, announced Tuesday (June 20) a new State of Industrial Cybersecurity 2017 security survey, which found that over half (54 percent) of ICS companies interviewed have experienced at least one cyber attack in the last 12 months — with one in...

Ridesharing
Ridesharing Co. Uber Enables In-App Tipping For US Drivers
June 21, 2017

Carsharing app Uber, aiming to keep its drivers from jumping ship, has reportedly rolled out the ability for passengers to give drivers in the U.S. a tip by tapping in the company’s app. Get the Full Story Complete the form to unlock this article and enjoy...

Security & Fraud
SoftBank Drops $100M Into Cybereason Software
June 21, 2017

SoftBank is helping out Boston-based digital security firm Cybereason with a big $100 million investment. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

International
EU’s Digital Chief Can’t Commit Re: Encryption
June 21, 2017

Good luck decrypting Europe’s incoming digital chief’s views on encryption. In international news this week, the commissioner-designate, Mariya Gabriel, responded to questions from the European Parliament on Tuesday, June 20, with non-committal answers that did little to assuage members’ concerns. Get the Full Story Complete...