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Construction Payments: Building The House With Virtual Cards

PYMNTS

The all-new Securing B2B Payments Report highlights how these solutions are helping B2B partners to quickly and securely make payments and keep their relationships strong. A recent partnership between consulting firm CGI and invoice payment solution provider Ordo aims to make invoice processing safer and more secure.

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Building Vendor Trust With Virtual Cards

PYMNTS

PYMNTS recently spoke with Karin Rush, DPR’s leader of shared services, and Linnet Phoenix, head of corporate AP, to better understand how virtual and purchasing cards can build efficiencies in the construction market. The pair explained how these offerings keep suppliers satisfied and DPR’s partners safe from fraud. .

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Bitcoin Daily: Overstock CEO Shares Movement In Bitcoin Efforts; Russia Might Be Open To Crypto Trading

PYMNTS

Byrne predicted that security tokens will reduce friction in capital markets while also improving price discovery. The killer app of blockchain is security tokens,” Byrne said. and those security tokens are going to need a regulated exchange. I perpetrated a fraud. The regulated exchange will disrupt Wall Street itself.”.

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B2B Payment Innovations Keep Suppliers In Mind

PYMNTS

The latest Securing B2B Payments Report shines a light on risk and security issues. . Security vs. Friction. Losses from fraud were estimated to hit $4.2 trillion last year, which means businesses need to balance keeping payments secure while still delivering a seamless payment experience.

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Fed’s Powell Has No Plans To Issue Digital Currency

PYMNTS

Right now, the Federal Reserve is not developing its own digital currency,” Williams said when asked his thoughts about bitcoin at an economic outlook luncheon in Phoenix, Arizona. Central banks could face difficult trade-offs between strengthening security and enabling illegal activity,” Powell said.

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BEC Scam Storms The Sports Field (Literally)

PYMNTS

In a smattering of individual instances of fraud: In Canada, SaskEnergy said that it fired an employee amid allegations that the unnamed worker had misappropriated a fuel card, racking up $30,000 in charges between 2004 and 2019. In Canada – and in the US, too. billion scheme that bilked money from thousands of investors across the country.

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4 AI Predictions for 2023: From the Great Correction to Practical AI

FICO

A pragmatic approach I call Practical AI will rise in 2023 like a phoenix from the ashes of years of irrational exuberance around artificial intelligence. Scott is most recently focused on the applications of streaming self-learning analytics for real-time detection of cyber security attacks. JessicaButalla@fico.com. by Scott Zoldi.