Small businesses are a huge part of our economy, and they are progressively reliant on information technology to store, process and communicate important information. That means that protecting your business information against increasing cyber threats is crucial to the survival of your company.
There’s an internet meme that shows how far technology has come in the last few decades. It’s a photo of a man holding a boombox and a camcorder with a Walkman in his pocket and a voice recorder dangling from his wrist, standing behind a table full of electronic devices from the 1980’s, including a VCR, video game console, pocket TV, home computer, camera, calculators, CD’s, VHS tapes, etc. The caption says, “20 years later and all of these things fit in your pocket.” And it’s true – our smartphones are capable of doing everything – and more – that we used to need several gadgets to do. Even though they are called smart phones, it sometimes seems that making phone calls is an afterthought. Plus, they’re connected to the internet 24/7, so everyone and everything is only a fingertip touch away.
If you've decided to use interns this summer, you'll want to make the most of your shared experience. Otherwise, you'll be wasting time and energy on talent who won't want to work for your company when the internship ends.
The road to faster payments in the United States has been a slow-moving one, and it is still a work in progress. So why is it taking so long to implement? The reasons may be complicated, but once complete, it will be transformative for the payments industry, merchants and consumers alike.