Watch more: What’s Next in Payments With Paysafe’s Richard Swales Aided by technology, fraudsters attempt to mimic legitimate users in ways that traditional authentication tools were never designed to detect. As generative technologies evolve, payments providers are confronting a reality in which confirming that a...
The “Dirty Dozen” list of tax scams released by the IRS this year reads less like a seasonal advisory and more like a snapshot of a rapidly professionalizing fraud economy. The tax agency wants small and medium-sized business (SMB) owners to know that criminals are...
Watch more: What’s Next in Payments With Trulioo’s Zac Cohen Artificial intelligence is rendering traditional digital identity verification toothless. The next wave of AI-powered cyberattacks are already here, and they’re arriving with synthetic faces, voices, devices and behavioral signals that can mimic legitimate users down...
Watch more: Visa Protect With Visa’s Michele Herron Check fraud has gained prominence as a measurable source of losses for financial institutions, businesses and consumers. Even as digital payment adoption accelerates, paper continues to circulate through the U.S. banking system at extraordinary scale, preserving structural...
Developments in The Prompt Economy over the past few weeks has been moving from retail and infrastructure issues to a focus on financial services. And that focus has resulted in new thinking and use cases for that sector as banks find a place for agentic...
Watch more: What’s Next in Payments With Paymentology’s Tim Joslyn The “I” in “AI” doesn’t always just stand for intelligence. Increasingly, across the security sector, it can also stand for “Identity.” As in, Artificial Identity. With AI continuing to blur the line between human and...
The evolution of digital payments has often followed a predictable pattern. As transactions become faster and more seamless, new layers of infrastructure emerge to support them. Cloud computing, for example, enabled scalable payment processing, while APIs made payments easier to embed within software, and data...
Meta has launched new artificial intelligence-powered anti-scam tools for its platforms WhatsApp, Facebook and Messenger. These tools are designed to help users of these platforms spot and avoid scammers, the company said in a Wednesday (March 11) press release. “Across our apps, our systems find...
Fraud prevention is no longer about stopping a single bad transaction. It is about managing risk across an entire payment journey without driving away legitimate customers. That is the central theme of the December edition of the Payments Orchestration Tracker series, “Orchestrating Trust: The Future...