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Travel Management Firm CWT Pays $4.5M In Bitcoin To Hackers

PYMNTS

Corporate travel manager CWT paid $4.5 According to computer security firm McAfee, criminals have been using RagnarLocker since late 2019. “RagnarLocker is a simple ransomware, much like others that exist in the criminal market. The code is medium in quality.”

Bitcoin 262
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Spreedly Adds Banking Exec As Chief Information Security Officer

PYMNTS

Spreedly , which works in accelerating global commerce via a secure, flexible platform for any payment type, has announced Christopher Hudel as chief information security officer (CISO), according to a press release. He said the opportunity is a good one because of the numerous ways the company meets payments and security needs.

Security 221
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B2B Tech Seeks To Connect Buyers And Suppliers Amid Market Volatility

PYMNTS

PayMyTuition Meshes Education Vendor Management With AP. With a new solution designed to deepen buyer-supplier ties, PayMyTuition has rolled out its vendor management tool for the education sector. Technology that sits in between these business partners can help to accomplish both. NexusPayments Tackles Real Estate Supplier Adoption.

Marketing 232
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Bank Product Profitability and Productivity

South State Correspondent

As we pointed out, bank management needs to understand how a bank creates franchise value, and one way is to sell more profitable products to more profitable customers. Through this understanding of profitability and productivity, bank managers can set better strategies and tactics plus start to optimize the allocation of capital.

Study 195
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How to navigate technology choices: New resource available

Abrigo

It’s the same for accounting and advisory firms that know they should upgrade their technology for security reasons or to become more efficient or to accelerate growth. Learn more by downloading Tech Roadmap: Selecting the Ideal Solutions to Thrive in Business Advising.

Resources 150
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PCI Council Creates New Cyberattack Resources For SMBs

PYMNTS

Aiming to help small businesses protect themselves from payment data theft, the PCI Security Standards Council Small Merchant Taskforce announced Thursday (July 7) that it has developed a suite of payment protection resources geared toward small businesses.

Resources 108
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Boston Market Deploys AI To Fight Fraud, Improve ROI

PYMNTS

Artificial intelligence (AI) is transforming the food service sector by helping restaurants boost their sales as well as improve and automate systems that were once managed by staff. to provide its dispute management solutions to the latter’s security platform.

Boston 186