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Visa, Access Bank Partner On SMB Cards In Nigeria

PYMNTS

Visa will be working with Access Bank on a new debit card for small- to medium-sized businesses (SMBs) in Nigeria, according to a Vanguard Media Limited report. Access Bank will offer Google Ad credits for free for the first SMB entrepreneurs to sign up for a card.

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Why The Data Breach Decline Is Bad News For Businesses

PYMNTS

The scam involves sending a phishing email claiming to be a Microsoft Office 365 update. An individual has pleaded guilty to wire fraud, bank fraud and money laundering charges. million was stolen by a National Australia Bank (NAB) ex-employee in an invoice scam , reports in ABC.net said.

Invoicing 136
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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. Access Bank Taps Visa For SMB Debit Cards. Visa, FAB Roll Out Corporate Virtual Cards. Tipalti Enhances Corporate Card Adoption In AP.

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Phishing Scams Target SMBs Seeking COVID Aid

PYMNTS

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. Another scam attempts to collect online banking account information. n (CDC) logos.

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Email Fraudsters Take Advantage Of Coronavirus Opportunity

PYMNTS

bank TSB to fraud victims , recent Financial Times reports said, with the figure emerging after TSB’s first year of committing to reimburse victims of bank payments fraud via its “fraud refund guarantee” program. The report surveyed U.K. million in estimated refunds were paid by U.K.

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Symantec Says Malware Tops Ransomware As FI Threat

PYMNTS

The report also points out a shift in preferred targets by cybercriminal groups, from customers to financial institutions , including banks and trading platforms. Mobile threats on Android are mainly focusing on form overlay attacks or fake online banking apps. This shift suggests hackers are willing to risk more for larger payouts.

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AI = BS | naked capitalism

CFO News Room

This includes Microsoft’s Azure OpenAI Service, which empowers developers to build cutting-edge AI applications through direct access to OpenAI models backed by Azure’s trusted, enterprise-grade capabilities and AI-optimized infrastructure and tools. Microsoft Office will have a built-in b t generator.