Credit Cards

A new global fraud study from a leading credit-reporting agency ties a growing amount of fraud to compromises of trusted identity-verification systems, rather than from false identities used to open credit card accounts, bank accounts, and other starting points of fraud. The study also reveals a boom in fraudulent manipulation …

For some restaurant chains, innovation is coming in force to the common drive-through, with the latest example emerging early Thursday with the chicken-sandwich operator Bojangles’ announcement that it is extending an agreement to deploy an AI-based drive-through ordering technology from Tel Aviv-based Hi Auto Ltd. Charlotte, N.C.-based Bojangles, which operates …

It’s hard to imagine today, but there was a time when typing a credit card number into a Web site felt risky. In the 1990s, most consumers preferred driving to a store to shopping online. E-commerce user interfaces were clunky, the connection was slow, and the security of card information …

Data-encryption platform Evervault launched Browser Tokens, a service for agentic-commerce developers to allow AI agents to conduct transactions without exposing payment cards, passwords, or other sensitive personal information to the agent or browser provider. Loyalty and customer marketing platform Wildfire Systems released its “Agentic Commerce’s Wallet Problem” report that found just 5% …

PAX Technology Inc. said it will work with engineering firm Omni Integration Inc. to launch PAX Edge, payment software designed to work with a range of gateway and backend environments, though not tied to a single processor. Cognizant announced it has a five-year agreement to install artificial intelligence technology for point-of-sale terminal …

Square has adopted services from card-issuing platform Marqeta for the Square Credit Card, a business card aimed at use by merchants. The card runs on the American Express network and is part of an effort by Square to consolidate its card programs into a single processor. Square, a unit of …

CDE Solutions, a provider of retail point-of-sale technology, said it has worked with Bodega AI to develop an AI-based point-of-sale platform for independent retailers. Self Labs has launched Agent Vault, a payment and log-in layer requiring AI agents to sign in to make purchases on behalf of human shoppers without seeing …

As the modern, online-based buy now, pay later market has matured, the type of products from BNPL providers has diversified. Splitit USA Inc. will launch the Splitit World Mastercard credit card as a white-label offer for financial institutions while Zip Co Ltd. intends to debut Zip Cash, a same-day cash …

Nuvei Corp. said it secured approval from the Payments Association of South Africa to offer local merchant payment services in South Africa. Wyoming-based Payward Inc. said it has agreed to acquire Finland-based Saldo Finance Oy and its digital-banking subsidiary Saldo Bank UAB, which operates in five European countries, with a credit card …

With at least two AI agents available that can make payments on behalf of users, payments companies are preparing for a larger role for agentic commerce. American Express Co. Tuesday published a framework for trusted agentic commerce, something it hopes could be part of a larger standard for the payments …