Former US football coach and sports commentator, John Madden, once observed that, ‘Coaches have to watch for what they don't want to see and listen to what they don’t want to hear.’ If that’s the case, those of us in the online security community are all coaches. Our role is to anticipate future card fraud schemes and guard against them, ensure the true identity of online shoppers, and design systems that fight theft before it occurs.
Many business owners manage the finances of their businesses by means of their bank account. This is a risky practice as the bank account does not provide a true reflection of the real cash flow status of the business.
When considering strategic options to help grow revenue and increase customer loyalty, businesses often neglect to consider changes to revenue collection methods, in favour of product innovations and brand-awareness campaigns.
Cash flow is the lifeblood of every small business. The daily pressure of doing business is challenging enough, however this type of pressure is generally positive. A cash flow crisis is negative pressure and will eat away at your positivity, slowing you down in the productivity department, and in simple terms, financial pressure is destroying. Make a commitment to free yourself now from money worries and get your cash flowing again so you can create the business you have always dreamed of.
Innovative technologies impact almost every aspect of our daily lives, from the way we communicate and manage our health to the way we pay for things. The rise of digital payments and the convergence of these technologies is the most significant development since the introduction of payment cards half a century ago.