Pvja BigCommerce Moves Into Germany, Mexico and Spain
In todays top news, BigCommerce filed for an IPO, and the countrys largest banks have set aside almost $30 billion to cover COVID-19-related losses. Plus, Afterpay has partnered with Google Pay and Apple Pay to offer its BNPL services in U.S. stores.BigCommerce Eyes IPO As Pandemic Fuels Online Shopping SurgeBigCommerce, the Texas-based eCommerce firm, is the latest tech company to file for an initial public offering IPO . BigCommerce has been boosted from the digital shift that is occurring amid the coronavirus pandemic, reporting a 30 percent annual increase in revenue in the first quarter.Biggest Banks Brace For Loan LossesThe countrys largest banks by assets 鈥?J.P. Morgan, Wells Fargo and Citigroup 鈥?have set aside nearly $30 billion to cover losses associated with COVID-19, a tally of recently disclosed plans indicates.Afterpay Goes In Store Via Google Pay, Apple PayAfterpay Lt
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d., the Australian bu
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y now, pay later BNPL company, announced Tuesday July 14 that it will offer its BNPL services at U.S. stores for Google Pay and Apple Pay users.Flipkart Raises $1.2B On $24.9BFlipkart Group raised $1.2 billion in a recent funding round led by Walmart, the companys majority owner. The investment values Flipkart at $24.9 billion.NEW REPORT: Helping Main Street SMBs Close The Cash Flow GapThree-quarters of Main Street small and medium-sized businesses SMBs are losing the cash flow battle. And thats pushing many business owners
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to dip into personal funds 鈥?or worse 鈥?to make Wlzl $48B In Funding Marks Another Banner Month For VC Investments
Some 61,000 employees across the globe are using Google-powered mobile devices at the workplace, said Google, which outlined its approach to mobile security in a new white paper.Reports Thursday April 20 highlighted a company blog post by the tech conglomerate detailing the three tiers of enterprise mobility security Google deploys to safeguard those employees and employer data. This tiered-access strategy means services and devices used within the enterprise are categorized into tiers to determine accessibility. Those tiers are determined based on the sensitivity of the data within that se
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rvice or device. The second tier involves credential verification.Goo
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gle uses a variety of sources to capture as much data as possible about the devices in use within the enterprise, including operation system agents, asset management inventories and sources
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from within the device itself. That information is analyzed every time someone tries to access and use a particular device, reports explained. On successful user verification, access to services is granted only if the assessed risk profile of the device matches the required trust tier, Google explained.According to the company, this approach is not only more secure than traditional all-or-nothing access models, but is also more convenient for employees. Tiered access means the level of access and usability of a single device can change over time depending on whos using it and for what purpose.Google has fixed its vision on enterpris