The ongoing effects of the global cyberattack, how to mitigate third-party risk, and the SBA wants SMEs to go global.
 

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May 15, 2017

       BUSINESS TO BUSINESS EDITION

Bitcoin

Why It’s Time To Come Down On Bitcoin
 

Taking a company’s data hostage is bad enough. But when it also cripples a doctor’s ability to treat patients, a huge line has been crossed, says Karen Webster. The cyberattacks last weekend targeting 100,000 institutions, including hospitals, in 150 countries were made possible courtesy of bitcoin and a threat that law enforcement says will only get worse. It’s why Webster says it’s time to give bitcoin a serious regulatory reality check — and why we might need to channel our inner Frances Kelsey to do it. Who’s that and what does she have to do with bitcoin? Guess you’ll have to read on.
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Data Digest

A Birdseye Views Of Alternative Finance
 

The CFPB has kicked off an inquiry into SME access to credit, and in a white paper noted there was a "lack of comprehensive data" on the topic. PYMNTS dives into what data is available to provide an update on the alternative SME funding industry, including a breakdown of the latest earnings reports from two of the industry's biggest players: Lending Club and OnDeck.
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Enterprise Security

Keeping Third Party Risk First On The Cyber (Risk) List
 

As companies expand and interact with an ever-widening web of vendors, third party risk deepens as data is shared and potentially, exposed. In the latest Topic TBD, Gayle Woodbury, managing director at Crowe Horwath, weighed in with PYMNTS’ Karen Webster on why risk control needs to have broad horizons.

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