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How next-generation technologies are transforming governance, risk and compliance

Insights on Business

According to the Boston Consulting Group , there have been more than $321 billion in regulatory compliance penalties levied globally since the financial crisis of 2007- 2008. Next-gen means an ecosystem of standardized GRC knowledge and tools all operating together.

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Today In Payments: Facebook Closes $5.7B Deal For Stake In Reliance Jio; GM Shutters Its Car-Sharing Platform

PYMNTS

Maven had already began winding down the number of cities in which it operated, shutting down in major markets like Boston, Chicago and New York City. Paul Scanlan, Huawei’s chief technology officer, delved into both subjects, noting to Karen Webster that 5G has been deployed rapidly in China, but faces challenges elsewhere.

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Football Season To Kick Off New Payments Plays

PYMNTS

As new PYMNTS research documents, over the past year, 18 Major League Baseball (MLB), National Basketball Association (NBA), National Football League (NFL) and Major League Soccer (MLS) arenas have deployed biometric solutions by CLEAR. CenturyLink Field, home of the Seattle Seahawks , was the first NFL stadium to adopt the technology.

Payments 161
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Niche B2B Startups Surprise With High-Value Funding

PYMNTS

Data from Tracxn Technologies released this week found less than half the volume of venture capital going to B2B startups in between January and August of this year compared to the same period the year before. Document Management. “Our platform puts more eyes on the job to match orders with invoices. B2B eCommerce.

Capital 100
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Bad Actors Emerge in PPP Lending – More Expected as Forgiveness Guidance Emerges

Abrigo

Their loan requests, according to court documents, were made to pay employees for a business that was not operating at the time of pandemic and had no salaried employees. Crisis Business Membership Strategy in 2020: Adapting Technology and Executing in the New Normal. C&I Loans. Lending & Credit Risk. SBA Lending.

Lending 195
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Navigating The Increasingly Murky Waters Of Trade Finance

PYMNTS

Kerstin Braun, president of trade finance solutions provider Stenn , recently told PYMNTS, the global trade finance gap is only expected to grow in the coming years, meaning businesses conducting trade across borders will continue to demand ways to finance operations with tools they may not entirely understand.

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US B2B Startups Dominate $337 Million Worth Of Funding

PYMNTS

Boston-based PreVeil did not disclose how much it raised in its Series A funding round, but it did note that Spark Capital provided the funding to support the company’s email and file security solution. Its platform provides proprietary cyber-risk analysis technology to corporate customers. PYMNTS breaks down the latest deals below.

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