Equifax Inc. early Friday launched an application to identify synthetic identity fraud. The app, known as Synthetic Identity Risk, uses artificial intelligence to analyze identity data, credit histories, and behavioral signals to determine whether an account belongs to a synthetic identity. Synthetic identities, which criminals use to open credit card …

Stablecoins have moved into the mainstream of digital payments, according to a report from cryptocurrency platform provider zerohash. In 2025, stablecoin transaction volume as measured in U.S. dollars increased nearly seven-fold year over year, while the average transaction size rose 157%. In addition, the number of customers actively transacting with …

Abrigo Inc., a provider of credit risk, compliance, and lending solutions for financial institutions, announced early Wednesday the launch of Abrigo Fraud Detection for ACH. The solution detects fraud for inbound automated clearing house transactions, ACH check deposits, wire payments, and ACH origination and receipt. Support for additional payment types …

Forage Technology Corporation Inc. has partnered with Adyen NV to enable Adyen merchants in the United States to accept SNAP EBT payments. Some 42 million U.S. consumers receive the benefits. SNAP, short for the Supplemental Nutrition Assistance Program, is a federal assistance program administered by the U.S. Department of Agriculture’s …

Restaurant chain Steak ’n Shake says it has reduced its transaction fees by nearly 50% compared to credit card acceptance costs, while at the same time increasing sales by 15%, since it began accepting bitcoin last May. Steak ‘n Shake has nearly 400 locations in the United States. Steak ‘n …

Digital payments last year generated $354 billion in economic output and supported more than 2 million jobs in the United States, says a report from the Electronic Transactions Association. In addition, each job directly related to digital payments supported an additional 2.6 jobs in the economy outside the digital- payments …

The proposed Credit Card Competition Act staged a comeback Tuesday with a huge boost from President Trump, who endorsed the bill on the Truth Social platform the previous day. The President’s backing breathes new life into the bill, which has been bandied about Capitol Hill for years. The last major …

The Electronic Payments Coalition and other banking industry groups late Monday warned that enacting President Trump’s proposed one-year 10% cap on credit card interest rates would cause the majority of credit card holders to lose access to credit. President Trump, who first floated the proposal during his 2024 presidential campaign, …

Artificial intelligence is playing a significantly bigger role in online shopping, according to Adobe Analytics. During the 2025 holiday shopping season, AI referrals generated a nearly seven-fold increase in online retail shopping traffic,  compared to a year earlier, Adobe says. At the same time, conversion rates from AI referrals were …