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Phishing Scams Target SMBs Seeking COVID Aid

PYMNTS

BleepingComputer.com reports that the Coronavirus Aid, Relief and Economic Security (CARES) Act has triggered the latest round of scams. . Clicking on the link directs users to a page that looks like the authentic Microsoft Office 365 login web page and tries to pilfer the recipient’s corporate credentials.

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Corporate Card Innovators Dive Into Virtualization

PYMNTS

Visa and the UAE's First Abu Dhabi Bank (FAB) are partnering to introduce virtual corporate cards to the financial institution's business clients to accelerate and automate B2B payments. In its announcement, FAB pointed to virtual card technology's support for greater security as well as enhanced spend control as key features for businesses.