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The move to digital has been a wonderful thing, JPMorgan Head of Client Fraud Prevention for Commercial Banking Alec Grant told Karen Webster. The shift has opened up avenues and payment vehicles for treasurers that make them much more efficient and gives them new business opportunities, he added.But theres a flip side too, said Grant, a challenge in the midst of it all.As simple and great as the experience can be for businesses, well, things get equally as great and <a href=https://www.cups-stanley-cups.us>stanley cup</a> simple for the bad guys.In the age of remote, work-from-home scenarios, business email compromises BECs are on the rise, and fraudsters are preying <a href=https://www.stanley-cups.it>stanley italia</a> on the weak links within the corporate chain 鈥?the unsuspecting, unwitting employees who click on a link in an email and put everyone at risk. Ransomware has seen explosive growth over the past three years as well.Industry-wide, the safeguards and the face-to-face interactions 鈥?the controls, in other words 鈥?that were in place pre-pandemic simply are harder to come by. No one can just walk down the proverbial hall to make sure that everyones on the same page about suspicious emails and fraud prevention.That comes against a backdrop in which treasury departments and their staff can receive hundreds, <a href=https://www.stanleycups.co.nz>stanley cup</a> even thousands of emails a day. The old, telltale signs 鈥?errors in syntax, misspellings 鈥?are not there anymore. The BEC scams look letter-perfect.But the enterprises are not at a total loss, not really, with the advanced tech at companies disposal, said Grant. The fa Kivz New York 038; Co. Parent RTW Retailwinds Auctioned For $40M
Mobile payments are set to go very big globally, with the Asia-Pacific region looking to lead the charge.Market research firm International Data Corporation IDC predicts that, <a href=https://www.stanley-cup.us>stanley cup</a> in 2017, mobile payments across the globe will account for $1 trillion 鈥?a 124 percent increase from the under $500 billion expected in 2015. Coming at a time when remote payments are on the rise in Asia-Pacific markets 鈥?due to, IDC attests, a large number of initiatives and expanding mobile commerce capabilities 鈥?that region is expected to lead the world in mobile payments two years from now.Smartphone adoption has grown much more rapidly than general banking and card adoption in the Asia-Pacific region, said Shiv Putcha, associate research director of AP connected consumer marketplaces at IDC Asia-Pacific, in a press release. Recent focus on financial inclusion policies in various countries has given a boost to connecting the unbanked. This phenomenon, coupled with the innovation of semi-closed wallet schemes linked to bank accounts, has given a major boost to mobile payments in Asia-Pacific.When we <a href=https://www.stanleycups.us>stanley us</a> look across the region, we see a duality between the mature Asian markets like Australia, Hong Kong and Singapore versus the emerging Asian economies like China, Ind <a href=https://www.stanleycup.pl>kubki stanley</a> ia and Indonesia, Putcha continued. The mature markets exhibit strong levels of banking and card adoption and will tread a similar path as mature Western economies have for mobile payments, w
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