E-Commerce

The allure of financial accounts continues to attract bad actors, and now they are using AI and deepfakes to impersonate legitimate consumers, making it tougher for companies to protect these accounts. That’s one takeaway from Microblink’s latest review of account-takeover fraud data. Microblink, a fraud-prevention firm based in Brooklyn, N.Y., …

The U.S. Faster Payments Council on Friday released guidelines for messages that financial institutions use in association with real-time payments or other transfers processed within a matter of hours or minutes. Such messaging can cover matters related to payment requests, return of money, payment status reports, and exchange of other …

Chargebacks911 launched an AI agent to help merchants protect qualifying purchases made through AI agents without replacing their existing fraud prevention tech or restructuring their payments systems. The new service also provided indemnification against qualifying chargebacks associated with these purchases. Investment firm Francisco Partners completed its $650 million acquisition of …

Payments provider Viewpost has agreed to work with Birchstreet, a provider of hospitality-industry technology, to include AI-enabled embedded payments for hospitality customers. Oak View Group, operator of a network of live-entertainment venues, will offer its employees earned-wage access service through Payactiv throughout Oak View’s U.S. operations, involving more than 40 …

In the “In Other News” section of Wednesday’s issue of Digital Transactions News, Boost Payment Solutions was misidentified as Boost Payments. Digital Transactions regrets the error. Fresha, a booking and payments platform for beauty and wellness businesses, said its Fresha Capital offering for shops has lent more than $20 million …

With headquarters in Sweden and operations in 26 countries, Klarna AB is dropping the e-commerce border constraints, at least within its app with a new service called Consumer FX. On Wednesday, Klarna says app users will be able to shop at any participating Klarna merchant in the world and pay …

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% …

A new classification of criminal has quickly emerged. One that identity verification and fraud prevention firm Socure Inc. labels the AI-Fluent Fraudster. In a new report, “From the Frontline: Fraud’s Napster Moment,” Socure explains why this new classification reflects the burgeoning impact of artificial intelligence. Not only is AI making …