FBI Warns New Chip Credit Card No Match for Cyberfraud
The new chip credit cards that are being integrated into the American retail scene were designed to decrease fraud. But they are not foolproof enough to eliminate it entirely, especially in cyberspace. The FBI issued a warning that advises consumers to remain as vigilant with their new cards as they were using their traditional credit cards with magnetic strips.
2 Key Factors that are Impacting International Business Travel, Overall Spend
American business travelers may be heading on more trips this year, but travel has decreased to international destinations and overall spending is down. The third-quarter GBTA BTI Outlook shed light on these and other business travel facts, revising second-quarter projections released in July.
Credit Card Chips – Who Assumes Fraud Liability?
Even though the October 1st deadline has come and gone, the majority of retailers are still lacking the new chip credit card readers that were to have been implemented at the beginning of this month. But that may not be as big an issue as expected according to the NYSE Post - as more than half of all consumers have yet to receive their new cards.
FraudMix Affordable Pleasure into Your Next Business Trip – On Your Own Dime
Business trips don’t always have to be strictly business. They can give you an affordable way to enjoy a new locale while adding a little personal pleasure into the mix. These tips from Entrepreneur show you how.
5 Ways to Help Spot T&E Expense Fraud
Travel and entertainment is at the top of the list of most company’s expenses, taking second place only to payroll. A J.P. Morgan survey found T&E can account for 10 to 12 percent of a company’s entire budget, making it a prime area to target for potential waste and abuse.
Localize Your Business Travel Etiquette to Fit In
Whether you’re traveling solo, with colleagues or as part of a client’s team, every business trip demands you adapt a professional demeanor and etiquette the moment you walk out your front door. Keep that professional face in place with a number of tips from frequent traveler Jim Donaldson, a managing director at the FleishmanHillard PR firm.
How Prepaid Cards Can Help the Bottom Line
Technology has swooped in to dramatically reduce the time and cost of travel and entertainment expense management. For instance, using an automated expense reporting solution over a manual one can bring the expense report processing cost down from about $72 to about $25. But that still leaves a number of other costs that don’t necessarily have a straightforward technical solution.
Transport Survey Feedback: Higher Risk of Injury with Rideshare Services
Business travelers have a higher risk of being injured on the ground than in the air – if they opt for one of the emerging rideshare companies that are now peppering the corporate travel market. That ominous observation came from a BusinessTravelNews article quoting Scott Solombrino, CEO of BostonCoach and Dav El.
How Has the IRS Travel Expense Schedule Changed?
The IRS updates its travel expense reimbursement schedule every year, and the latest updates were released Sept. 16. The updates cover employee travel expenses incurred on or after Oct. 1, 2015, and remain in effect until the following Oct. 1. The IRS notice outlined rates for transportation industry employees, incidental-only expenses, and revised figures for those using the high/low reimbursement method.
Do Taxpayers Support a Big Chunk of the Airline Industry?
You know the price of an airline ticket includes taxes, but did you also know even Americans who never fly are supporting US carriers through their tax dollars at work? Licensed aircraft dispatcher and USA Today contributor Bill McGee pointed this out in a recent column, making some intriguing points along the way.
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