Employees are collaborating with hackers, Senate committee approves new SBA lead, and SciQuest IDs procurement's new responsibilities.

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February 2, 2017

       BUSINESS TO BUSINESS EDITION

“API-First”

Plugging Bank’s $500 Billion Hole
 

Yep. $500 billion is walking out of the doors of banks who just can’t deliver the B2B payments services that their clients want. And, guess where they’re walking to? FinTechs that can. It doesn’t have to be that way says FI.SPAN CEO and Founder, Lisa Shields, who told Karen Webster how APIs, platforms and collaboration can help keep more of that $500 billion from walking away.
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Enterprise Security

Payments Fraud, Cybercrime Overwhelm Corporate Security Efforts
 

The enterprise has a lot on its plate when it comes to security. The latest research from enterprise security firms Sift Science and Echoworx identify the overwhelming array of security threats facing the enterprise today, and reveal how – in a perfect world – a business would handle it all.
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Procure-to-Pay

Procurement's New Roles In Risk, Legal and Finance
 

There's widespread consensus today that the procurement function is evolving. But new research from source-to-pay firm SciQuest finds that this area is taking on new responsibilities in the supply chain, like risk mitigation and legal services. As the evolution continues, CEO Rob Bonavito tells PYMNTS a harsh reality: if companies and their procurement teams don't innovate and reinvent themselves, they'll die.

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