News, views and analysis from A/NZ tech sector No Images? Click here Hi there, There’s a new credit card fraud prevention measure in town, with Visa and several payment gateway providers announcing the Kiwi launch of credential-on-file tokenisation. COF offers another layer of security, replacing the need to store sensitive information such as card numbers and expiration dates with unique digital identifiers – the token. And those tokens are merchant specific, rendering them useless for hackers. With the frequency of breaches involving payment data, the rollout has to be encouraged. But COF also offers some strong benefits for businesses beyond security, as we discovered this week. In other news:
If days sales outstanding and cash flow concerns are keeping your finance team up at night, we’ve got some advice on how AR automation can help remove the obstacles that can prevent businesses from collecting receivables as fast and efficiently as possible. Lastly, GO THE ABs!! Enjoy the read, Heather Wright
Credit card data loss gets new protectorNew Zealand becomes one of the first countries to move to COF tokenisation for digital payments… Security improvements, better CX and just maybe better conversion rates, are on offer as Visa and payment gateway providers commit to the new 'credential-on-file’ technology. “With the advent of open data… initiatives such as tokenisation will ensure consumer data is protected and held securely.” CAPITAL MARKETS REVIEW Capital markets players and govt told to collaborate on ICTCapital markets review calls for better use of data and govt ICT plan… NZ needs to develop a collaborative capital markets ICT plan in order for the country to thrive, according to a new capital markets review. “A review is important to ensure New Zealand’s capital markets continue to evolve in the context of technology developments.” 5G NETWORK Huawei calls Trump’s bluff, offers 5G tech for saleBut who would buy?… Huawei boss Ren Zhengfei has called Donald Trump’s bluff, announcing he’s willing to consider a sale of the company’s 5G patents. The sale would help create a US rival to compete in the 5G networking market and create a ‘balanced’ situation. PARTNER AWARDS Microsoft unveils NZ Partner Awards finalistsWho’s who of Kiwi tech in the running for top awards… Theta, Intergen, Datacom and Spark are among those leading the charge in this year’s Microsoft NZ Partner Awards, each named finalist for at least three awards. “The awards highlight the diverse range of amazing work that’s going on across our partner network.” ARTIFICIAL INTELLIGENCE Why it’s time to stop talking and start preparing for the AI revolutionEven if your organisation isn’t ready to embark on a major AI initiative, it pays to be prepared says 8×8’s Brendan Maree… Clocked the feverish hype around Artificial Intelligence (AI) over the past year or several? It’s been hard to miss. When AI technology improves and a compelling use case presents, companies want to be ready to move – fast. AUTOMATION AR Automation: The key to collecting payments fasterEven a small improvement in DSO can have a big impact on a business’s financial health… What keeps CFOs tossing and turning at night? Cash flow is what. Simplifying customer payment with automation and an online portal directly translates to quicker payment. PROUDLY SPONSORED BY Upcoming events: > Facilities Integrate 2019 | Sept 25-26 | Auckland iStart is proudly supported by these leading New Zealand software providers: Latest Buyer's Guides ERP Buyer's Guide | CRM Buyer's Guide | HR/HCM Buyer's Guide | BI Buyer's Guide Privacy statement: We have sent this weekly newsletter to you at your e-mail address: [email address suppressed]. iStart will never share your e-mail address, but you may from time to time receive other event invitations or partner communications from us. You can opt out of these by managing your subscription preferences, where you can also update your e-mail address and other details. Find out more about iStart | Advertise with iStart | Subscribe |