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Salesforce Launches NFT Cloud

Perficient

The first version of NFT Cloud was released in a limited pilot in mid-June at the Salesforce Connections conference in Chicago. This product represents Salesforce’s initial entry into blockchain technology. Later this year, anticipated to be in October, Salesforce will make the product available to the public.

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Volkswagen Bank taps OneSpan for encryption to fight hackers

Bank Innovation

Volkswagen Bank, the financial services arm of the German automaker, is turning to QR code-like technology to fight threats posed by hackers. The bank, which focuses on vehicle and dealer financing, implemented the new technology with the help of OneSpan (formerly Vasco), a security and e-signature solutions company based in Chicago.

Chicago 210
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Fed Names New Payments Security Leader

PYMNTS

Federal Reserve System has appointed its Payments Security Strategy leader, the agency announced Friday (Dec. He will lead the Fed’s initiative to address payments fraud risk and boost the security of payments in the U.S.

Security 112
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Corporates See Loan Fraud By Insiders As Growing Threat

PYMNTS

Businesses and consumers must prioritize cyber resilience and recognize that it is everyone's responsibility to protect their data," said OpenText CEO and Chief Technology Officer Mark J. According to the report, business leaders are more concerned about data security than ever before, citing the pandemic as one factor behind the fears.

Fraud 241
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Amazon One Lets Consumers Pay With Their Hand

PYMNTS

But there are plans to expand it across Seattle, New York, Chicago and San Francisco, the company said. Dilip Kumar , Amazon’s vice president of physical retail, told the network the technology had been in the planning stages long before the pandemic.

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Signature Bank Taps Tech For Simplified AP

PYMNTS

Chicago-based Signature Bank is rolling out a technology platform called Finrails AP to simplify B2B payments, the company announced on Thursday (Feb. Finrails AP offers businesses a cloud-based accounts payable (AP) solution that automates B2B payments on a secure digital dashboard using numerous payment methods.

Illinois 167
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Private Equity Firm Thoma Bravo Acquires UK’s Sophos For $3.8B

PYMNTS

It also provides IT security to small and mid-sized businesses. tech firms ARM Group and Imagination Technologies were also recently purchased by foreign investors. Chicago-based Thoma Bravo has acquired over 200 technology firms during its 40-year history. Sophos provides cybersecurity to the U.K.’s billion in 2017.