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Visa , in response to the rising demand for safer ways to travel, has expanded its partnership with Cubic Transportation Systems to offer contactless payments for public transportation services in over 500 cities, according to a press release.
Recent climate catastrophes have raised the bar for securing funding to address global warming. But he sees a green dimension in just about every sector, including finance, transport, agribusiness, municipal, industrial and energy. At COP29, climate finance will be a focus. These must be tackled as and when they arise. “In
A worldwide police force has issued an alert warning that criminal organizations are using food delivery services to transport drugs as countries remain locked down during the COVID-19 pandemic.
These include Rail Baltica, the Baltic regions most ambitious investment in regional transport infrastructure. The project involves the construction of two European Transport Corridors (ETC). Rail Baltica secured an additional 1.4 million Official languages: Latvian (56.3%), Russian (33.8%), other 0.6% Inflation (2024): 1.4%
And in an interview with PYMNTS, Nick Careen , senior vice president of airport, passenger, cargo and security at the International Air Transport Association (IATA), said the stage is set for digital solutions to help validate and authenticate passengers, and also serve as a validation of a COVID-related test and travel requirements.
Pressure to Manipulate Financial Results Example: The board pressures you to inflate revenue projections to secure a loan or attract investors, suggesting it’s “just this once” to meet strategic goals. Whistleblowing on Corruption Example: You uncover bribery within the sales team to secure contracts with key clients.
Investors are flocking to the country to exploit opportunities in sectors like mining, energy, agriculture, tourism, manufacturing, transportation, and commercial real estate. Vital Statistics Location: East Africa Neighbors: Mozambique, Malawi, Zambia, DRC, Burundi, Rwanda, Uganda, and Kenya Capital city: Dodoma Population (2024): 69.3
Justice Department has created a team to conduct a threat analysis on the security risks of self-driving cars. The government team’s focus is to secure the Internet of Things (IoT), including self-driving cars, internet-connected devices and medical equipment. Fiat has been proactive in this regard by recalling almost 1.5
The COVID-19 pandemic has hit public transportation usage all over the world, with New York and London seeing ridership fall by 90 percent or more. CyberSource serves as the connection point between all three parties in a secure, reliable and scalable way. What’s Coming Down The Track?
The latest IoT Tracker delves into new applications for IoT, as well as its limitations, with a focus on supply chains and security. What About Security? Manufacturing and production (79 percent) and connected transport (77 percent) were in line with the average.
Security concerns related to Chinese investments in overseas ports are mounting as the country’s firms acquire more stakes at shipping hubs around the world and geopolitical tensions rise.
Enter 3-D Secure 2.0. In a webinar with James Rendell, vice president of payment security at CA Technologies, and Paul Baker, vice president/senior business leader of enterprise security solutions at Mastercard, PYMNTS’ Karen Webster delved into just how 3-D Secure 2.0 CA Technologies’ Rendell noted that 3-D Secure 2.0
Promising as intelligence of things (IoT) solutions are, though, security has been a stumbling block. The June IoT Tracker explores the latest advancements in IoT security and new applications of smart technology. According to the tracker, the global IoT security market is expected to increase by a 35.5
As stewards of financial data, CFOs must prioritize cybersecurity measures to ensure the security of sensitive information and maintain client trust. Secure Financial Data Management: A Top Priority At the core of modern financial services is secure financial data management.
Despite security threats and political unrest, tiny Togo is attracting outsize interest from foreign investors. The picture is clouded by security challenges arising from attacks by bandits in the northern region and sea pirates’ raids on the coastal south. Underpinning these projections is some solid infrastructure.
Despite IoT’s popularity, however, security a nd privacy issues continue to make headlines. A popular white-label GPS tracker sold by more than a dozen companies was found to have a number of security flaws earlier this year, while a new strain of Mirai malware specifically targeting IoT devices was recently discovered.
That said, IoT device creators and consumers are looking at IoT security with a higher level of scrutiny. In the February Intelligence of Things Tracker , PYMNTS examines how countries, developers and consumers are responding to increased calls for security, as well as how the IoT market is growing worldwide. Around the IoT World.
The TransportationSecurity Administration (TSA) reported that it served over 800,000 individuals at American airport screening lanes Sunday (Aug. The biggest 20 airlines in the country transported just over 16 million travelers in June, which marked an 80 percent drop compared to June 2019 yet almost two times as many people as May.
At a time when our nation’s secrets at the NSA and Homeland Security and assets at the Department of the Treasury were able to be illicitly tapped into by foreign hackers, the security and reliability of countless other online industries and enterprises have also been brought into question.
Municipalities could utilize it for everything from street light control and air quality monitoring to transportation safety. Every network involved must be able to instantly, safely and securely connect and share information, he explained, and Cisco works with city governments to cultivate transparency and speed.
When it comes to our petroleum exports, it is important to point out that natural gas in particular plays a major role for European energy security over the next 15 to 20 years,” says Asgeir Tomasgard, director of the Energy Transition Initiative at the Norwegian University of Science and Technology. “At
Security continues to be a top IoT concern, however: Mounting data breaches and newly discovered device vulnerabilities have prompted wariness around IoT adoption. This month’s Intelligence of Things (IoT) Tracker details how these concerns are driving providers to develop new security approaches. Around the IoT World.
The airline, based in Atlanta, said it has put nearly 1,900 people on Delta’s “no-fly” list for refusing to comply with masking requirements and submitted more than 900 banned names to the TransportationSecurity Administration to pursue civil penalties.
But overlending—and US initiatives to extend its security and investment footprint—are challenging its position. Angola now owes China approximately $20 billion, mostly on energy and transportation projects. China continues to dominate trade with the continent. billion, up 1.5% Ethiopia’s debt to China stands at around $13.5
Underwood said all five companies had mobile apps that had a well-known security vulnerability that enabled hackers to intercept private data including passwords, social security numbers, credit card account numbers and bank account information.
As individuals were beginning to seek COVID-19 benefits, hackers disrupted Italy’s Social Security internet site, per the leader of the welfare agency. Tridico said he notified authorities about the incident, which has brought into question the security of the country’s online infrastructure as it grapples with the COVID-19 crisis. “In
The aim of creating this system was both to provide more speed and security to the country’s merchants. Faster payments are filtering into the transportation industry as well. The payments network will allow merchants in the country to receive funds just by having consumers scan QR codes on their cell phones.
State-run gas transporter GAIL ’s net profit increased 121.1% Analysts at Reliance Securities pointed out that despite higher gas prices, GAIL posted 4% y-o-y growth in gas transmission volume to 114 million standard cubic metres per day. GAIL revenue increased 65.9% y-o-y to Rs 26,427.4 crore in Q3, while expenses grew 57.3%
The growth of smart cities means citizens will be able to quickly connect with a host of services, including health, public transportation and public works. For citizens to engage with these services and trust them, seamless and secure digital identity tools will be essential. Smarter Emergency Services.
Each step has enriched my experience, solidified my commitment to public sector finance, and prepared me for ongoing contributions to governance and skills development.
Continued investment in digital systems and security infrastructure Companies in 2025 will invest in innovative new solutions such as process automation and generative AI to support growth. Its a delicate balancing act to respond quickly to the demands of internal and external stakeholders without disregarding security concerns.
“These capabilities will help store the MTA-issued card on a digital device without exposing important details and enable terminals to accept open loop and MTA-issued contactless cards — making the commuter experience safe, simple and secure.”. merchants and acceptance at Mastercard.
Mumbai, Apr 2 (PTI) The IL&FS Group has so far paid back Rs 29,000 crore to the secured creditors, with the latest being an interim pay-out of Rs 920 crore for the Chenani Nashri Tunnelway, a subsidiary of IL&FS Transportation Network.
A 2018 survey found that 50 percent of IT professionals labeled security among the most-pressing issues affecting their API strategies, and API-related services are expected to become those hackers most frequently attack by 2022. . Companies, therefore, must work to identify and track APIs’ use and secure them against key threats.
By issuing these types of securities, the federal government can acquire the cash it needs to provide governmental services. However, when debt is raised simply to fund public consumption, such as proceeds used for Medicare, Social Security, and Medicaid , the use of debt loses a significant amount of support.
The pharmaceutical, healthcare and transportation sectors are among blockchain’s early adopters, and 63 percent of respondents cited security and trust as main reasons for adopting the technology. Cisco Uses IoT Security To Build Smart Cities. It is projected that the global IoT smart cities market will reach $219.6
With the latest funding, Buckle has expanded its target customer base to include transportation network companies and other service providers in the transportation arena including taxi and limo services. based small business lending platform iwoca, which secured $131.45 earlier this year.
Concerns over security breaches and data privacy remain high, however, so providers will need to be sure users are properly protected from all manners of fraud as this ecosystem grows. IoT devices still have a number of security weaknesses that providers must address as the technology becomes a larger part of consumers’ daily lives.
Tokens are incredibly powerful tools to secure data and safely transport it from one point to another. He said tokens are capable of providing a wide world of possibilities beyond their traditional use as just security tools. A Low-Touch Future. Tokenization Can Help Build Sales. Smart Merchants Will Be Proactive.
Loadsmart said it has instead focused on what its online shipping platform can do for companies in the transportation business on a value-added basis, “coupled with API integrations.”. Instead of offering its services at a discount in hopes of building a base of customers, Loadsmart said it has taken a different approach.
One such major change was when the authorities decided that foreign companies wishing to secure public-sector contracts must establish regional headquarters in Saudi Arabia. Sometimes you wake up in the morning and something has changed, so as a business, you have to be able to live with this dynamic.
In the April Intelligence of Things Tracker , PYMNTS explores the latest security efforts from providers to crack down on fraud, and the emerging use cases where IoT tech can be applied — if consumers are willing to give it a chance. While security concerns remain, the IoT market is continuing to expand. About the Tracker.
The G-7 plans are likely to send oil prices higher (despite US Treasury Secretary Janet Yellen claiming the opposite ) and reduce tanker availability, both of which will threaten India’s energy security and hurt its economy as India is the third-largest consumer and importer of oil worldwide. Russia is far from reliable in any realm.
Newsletter Sign-up The Logistics Report Top news and in-depth analysis on the world of logistics, from supply chain to transport and technology. are securing ocean freight rates that are about one-third less than last year’s contracts, according to container shippers and retail executives. Global trade volumes fell 9.5% West Coast.
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