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Visa: Real-Time Settlement, Online Marketplaces Help Put SMBs Back On The Road To Recovery

PYMNTS

Online marketplaces are the digital storefronts helping small to mid-sized businesses survive — but adding real-time settlement into the mix can help them thrive. And 60 percent of surveyed firms selling across online marketplaces would take their business to one that offers real-time settlement.

Online 354
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TSYS Attacked With Ransomware, Has Data Posted Online

PYMNTS

TSYS , a payment processing company, has suffered a ransomware attack and had some data posted online, according to a report from Krebs on Security. However, TSYS said the malware didn't jeopardize card data and that the attack had only targeted the company's administrative wing. "We This matter is immaterial to the company.”.

Online 226
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Travelex Reportedly Paid $2.3M Ransom To Hackers

PYMNTS

million ransom to get their systems back online, The Wall Street Journal reported. The cybercriminals demanded $6 million in ransom with a promise that they would not release the sensitive information of Travelex customers, including birthdates and credit card numbers. Then another seven days and the sale of the entire base.”

Report 279
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Virtual Cards Help Companies Manage Spend In Real Time

PYMNTS

Most are encouraging employees to work from home while also moving their back-office operations online, and payments operations are no exception. RLJ Financial On Managing B2B Spend With Virtual Cards. For more on these and other news items from this space, download this month’s playbook.

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Barclaycard Debuts New Virtual Card Platform

PYMNTS

Barclaycard is launching a new program, Barclaycard Precisionpay Go, to let companies issue virtual cards for employees' online purchases, according to a press release. Visibility will be available as soon as a payment is made, as well, and users can upload receipts alongside the transactional information in the SNAP reporting program.

Cards 254
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Deep Dive: How Businesses Are Preparing Their Workers, Payments Operations For A Digital B2B Future

PYMNTS

This month’s Deep Dive examines how mobile and contactless payment options are poised to reshape the corporate payments ecosystem as well as how virtual cards can help businesses adapt their operations to the digital-first payments ecosystem that has emerged. . Reshaping Business Payments . Adapting To A Mobile, Contactless Normal .

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Online Retailers Face New Threats From Hackers

PYMNTS

Death, taxes and data breaches – those are perhaps the only sure things in life, and new evidence is emerging that hackers are finding increasing profit in targeting online retailers. The news comes amid yet another online retail cyberattack, this one targeting Japan’s Fast Retailing, the company that owns the Uniqlo retail chain.

Retail 218