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Kobe Bryant, Virtual Cards, Self-Service Technology Top This Week’s News

PYMNTS

We have deep dives into virtual card adoption and self-service technology, as well as a report on Kobe Bryant’s legacy. Bank Is Doing to Drive Virtual Card Adoption. Accounts payable (AP) professionals and vendors still have reservations about adopting virtual cards despite their many benefits. FICO’s Take on Debit Security.

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8 tips to protect yourself from bank fraud and scams.

PopularBank

Common bank fraud scams Regrettably, the various methods through which disingenuous persons attempt to retrieve your personal financial information could fill a book. Indeed, scammers in the modern age can target wire transfers, gift card offers, and payment apps alongside dummy debt elimination schemes or fake high-yield investment ventures.

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10 Questions Banks Should Ask About Their Digital Account-Opening Capabilities

Perficient

When customers can apply for the Apple Card, for example , and receive approval and begin using it in minutes, patience with financial institutions that take longer will wear thin. What information is easily obtainable via social media, making it less useful for KYC and security purposes?

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Study Shows Hotels Often Leak Guests’ Personal Info

PYMNTS

A study by Symantec, a cybersecurity company, showed that two out of every three hotel sites have leaked personal data, which could include credit card and passport information, according to a report by Reuters. The breaches happen when a site sends an email to confirm a booking.

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Instagram Rolls Out Native Payments

PYMNTS

With the new functionality, users can register a credit or debit card and make payments within the social media platform after setting up a security PIN, TechCrunch reported. Instagram had mentioned in 2017 that it would “roll out the ability to book a service with a business directly from their profile later this year.”

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Remind’s New Feature Lets Teachers Accept Online Payment For School Events

PYMNTS

Remind , the company that started out as a way for teachers to communicate to parents, is aiming to monetize its business by launching a new feature that enables K–12 teachers to collect money from parents for school activities, whether it’s a field trip, book fair or sports uniforms. After credit card processing fees, it amounts to 2.5

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Homesharing Platforms Vie For Millennial, Gen Z Travelers

PYMNTS

They want convenient booking tools, fast payment methods and secure reservations when planning their trips, and these needs have not changed much as millennials have come of age. Competition is thus a multilevel event for hospitality services that need to juggle payment innovations, user perks and security.