How to future-proof payments at your university

If we were to record a time-lapse for the role of payments in higher education spanning three decades, it would reveal a dynamic, evolutionary process. Originating as a simple tool for transfer, payments technology has been implemented by colleges and universities to resolve matters of security, governance, and reconciliation.

Read More
Sarah W
Welcome to the campus of the future

Imagine it’s year 2025. As you walk into a university building’s doors, you are greeted by an “Alexa-esque” voice that greets you by name and displays your schedule for the day. Brushing past some students on their virtual reality headsets, you run to the cafeteria and pay for your morning coffee fix with an NFC-enabled wristband. Suddenly, a notification pops up on your smart glasses reminding you to finalize tuition payment reconciliation. You enter your information with 3 clicks on your phone and slide to process. Within seconds your general ledger is updated and receipts are sent. All set.

Read More
Sarah W
Not if, but when you’ll be breached

The results are in, and it’s not looking good for the retail industry. In the 2018 Thales Data Threat Report, senior retail IT security managers were surveyed to understand major trends in encryption and data security. The numbers tell a clear narrative: half (50%) of retailers report being breached in the past year, a number that has more than doubled from 19% in 2017.

Read More
Sarah W
Open for business: university hacker central

Cybercrime is no longer just a business, it’s a self-sustained economy. Imagine virtual, hyper-connected marketplaces across the globe exchanging data in the form of payment cards, account logins, and intellectual property for intangible and frequently untraceable “cryptocash”.

Read More
Sarah W
Fraud by faculty

When it comes to fraud at colleges or universities, the imaginative mind quickly conjures up images of dark, eerie rooms filled with hooded hackers. However, what happens when the source of fraud is actually a world-renown professor, or a well-respected provost?

Read More
Sarah W