According to UK government research published this week, the average cost of the most severe online security breaches for a big business now starts at £1.46 million ($2.23 million)– up from £600,000 ($919 680) in 2014. With 90 percent of large organizations and 74 percent of...
When news broke that MasterCard’s $19 million security breach settlement with Target had come to a halt, there wasn’t much indication as to why — except that it didn’t get the necessary support. But a Wall Street Journal report yesterday (June 2), gave a bit more...
Alibaba is doing well. So well that its owner, Jack Ma, decided to expand to Russia, following long time rival eBay as well as Amazon, according to Forbes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
IRS is in the eye of the tiger, as the agency’s inspector general told Congress yesterday that the IRS failed to implement security upgrades to its computer systems, reported the Associated Press yesterday (June 2). At the end of May, the IRS announced that the data from...
Three startups have emerged from PayPal’s startup incubator launched in Chennai, India, in 2013, marking the first class of seed-stage innovators to do so. One of the startups that found its footing in the incubator, Start Tank, is a B2B eCommerce firm. Get the Full Story...
Alternative lenders are reassessing their operations as the federal Regulation A+ approaches implementation. The legislation, which was finalized earlier this year, alters the guidelines on who can become a qualified investor when startups and SMEs turn to crowdfunding to access capital. Get the Full Story...
As one of the world’s largest financial institutions, HSBC has recently made efforts to strengthen its position within the corporate banking world. Late last year, the bank’s head of payments and cash management Diane Reyes laid out HSBC’s B2B expansion plan, which focused largely on...
The adoption of cloud computing technologies among enterprises has potentially limitless implications for businesses. Cloud technology has made an impact on B2B payments, security, Big Data analytics, customer insight, supply chain management and cash flow oversight. Get the Full Story Complete the form to unlock...
As alternative lenders have pressured banks to strengthen their position among small- and medium-sized businesses, mainstream financial institutions are beginning to offer more than just traditional banking services. A new generation of SME owners and borrowers is demanding mobile banking, office space, and other enterprise...