The cost of fraud at U.S. financial institutions is rising, but the deeper threat may be what it does to customer relationships and brand reputation. Half of all institutions surveyed say fraud has damaged customer loyalty, a finding that reframes financial crime as a strategic...
Watch more: WNIP: i2C, Matthew Pearce The fraud landscape in payments is evolving faster than many financial institutions can adapt. For Matthew Pearce, vice president of Fraud Risk Management and Dispute Operations at i2c, artificial intelligence is the most valuable — and volatile — tool...
A year ago, most chief product officers were still testing Gen AI with cautious curiosity. Today, nearly all say the technology will reshape how they work. But beneath the near-unanimous optimism lies a split that may determine who reaps the rewards: some industries are surging...
In today’s age of hyperconnectivity, what happens to your enterprise partners will eventually happen to you. The tech sector thrives on rapid innovation, agile partnerships and application programming interface (API)-driven interconnectivity; an ethos that has evolved across other industries. But this very dynamism has created...
August 19, 2026
Payments have spent years getting faster. Fraud detection has not always kept pace. New August research from PYMNTS Intelligence, in collaboration with Plaid, shows that 47% of firms surveyed can’t detect suspected fraud in real time or within minutes. That is despite widespread use of sophisticated defenses: 90% use rules-based scoring before authorization, 83% use […]
February 13, 2026
The cost of fraud at U.S. financial institutions is rising, but the deeper threat may be what it does to customer relationships and brand reputation. Half of all institutions surveyed...
October 28, 2025
Watch more: WNIP: i2C, Matthew Pearce The fraud landscape in payments is evolving faster than many financial institutions can adapt. For Matthew Pearce, vice president of Fraud Risk Management and...
September 25, 2025
A year ago, most chief product officers were still testing Gen AI with cautious curiosity. Today, nearly all say the technology will reshape how they work. But beneath the near-unanimous...
April 03, 2025
Visa has unveiled three new value-added services designed to make accepting payments easier and more secure. The services are meant for acquirers, payment facilitators, retailers, marketplaces and shops, the company said in a Thursday (April 3) press release emailed to PYMNTS. With Authorize.net 2.0, Visa has reimagined its Authorize.net by adding a streamlined user interface, […]
March 28, 2025
FinTech company QorPay collaborated with Cybersource to integrate Visa Platform Connect (VPC) and other Visa value-added services into QorPay’s payment ecosystem. QorPay is a provider of payment solutions, while Cybersource is an open, network-agnostic...
March 12, 2025
Investment firm Corsair Capital has acquired a majority stake in German identity verification platform IDnow. The company announced the deal last week, and while no dollar amount was given, sources...
March 06, 2025
Socure has introduced a new tool designed to combat repeat first-party fraud. The new Identity Manipulation Risk Score, which is now embedded within Sigma First-Party Fraud, uses artificial intelligence (AI) and...
