Exclusive: Airbus must be ‘resized’ to tackle crisis, CEO tells staff – sources

spike

PARIS (Reuters) – Planemaker Airbus (AIR.PA) has told senior staff the company must be “resized” in plans to be set out by around end-June and is ready to cut jet production again to tackle any second wave of the coronavirus crisis, people briefed on the matter said.

FILE PHOTO: The logo of Airbus is pictured at the entrance of the Airbus facility in Bouguenais, near Nantes, France April 27, 2020. REUTERS/Stephane Mahe

Chief Executive Guillaume Faury told Airbus bosses to “face reality” in a briefing on Thursday on the crisis, which has idled an estimated 14,000 jetliners or

Read More

Why numberless cards are not enough to tackle payment fraud

spike

A UK cybersecurity startup, swIDch, has announced an alternative technology to overcome the limitations of numberless cards by using dynamic PANs (primary account number), thereby creating a new security environment in the payment process.

Why numberless cards are not enough to tackle payment fraud

Eliminating numbers on payment cards increases security if customers lose their card. However, hackers can exploit weaknesses through online payments.

Numberless cards appear to be a new trend in finance combined with a substantial growth of e-wallet services. Apple’s credit card, GrabPay in Asia and a few European FinTechs plan to launch the product with

Read More