Fi911, a provider of chargeback prevention and risk management, launched ResolveLab, a service it says is aimed at resellers and payment facilitators looking to block chargebacks and control risk. Okta Inc., a provider of identity technology, reported third-quarter revenue of $742 million, up 12% from the same time last year. …
Read More »Block Notes 10% BFCM Uptick and other Digital Transactions News briefs from 12/2/25
Black Friday through Cyber Monday shopping generated a 10% rise year-over-year for Block Inc.’s Square, Cash App, and Afterpay payments properties, to 124 million transactions, the company reported. Payments processor Nuvei Corp. announced it is expanding a partnership with Microsoft Corp. to enable its core payment processing APIs to run on Microsoft Axure and use Azure AI to …
Read More »Klarna Black Friday Volume up 45% and other Digital Transactions News briefs from 12/1/25
Klarna AB said its U.S. processing volume across all product categories was up a record 45% for November through Black Friday. Absolute figures were not immediately available. Black Friday sales data from Accertify Inc. indicate consumers spent $115.46 per transaction on average, down 17% from last year, while initiating 52.5 million transactions, up …
Read More »The ‘Pressing Concern’ of Fraud and other Digital Transactions News briefs from 11/26/25
Fraud and scams have grown into a “pressing concern” for users of digital payments in the Caribbean and Latin America, according to a regional survey report released by Mastercard Inc. The research effort queried 3,577 adults in 12 countries in October. Mastercard has launched Mastercard Access Pass, aimed at allowing card issuers to …
Read More »PayPal Live in Perplexity and other Digital Transactions News briefs from 11/25/25
PayPal Holdings Inc. said PayPal merchants are now discoverable within the Perplexity AI service, which enables consumers to checkout in chat using their PayPal accounts. PayPal announced the partnership in May. SoundHound AI Inc. said its partnership with parking services provider Parkopedia now includes an in-vehicle voice AI parking agent. The agent can suggest …
Read More »U.S. Payments Modernization Is Taking a Toll on Cash
The combined effect of five payments trends is chipping away at cash reliance, finds a new report from Deloitte. Increasing adoption of stablecoin payments, especially for cross-border payments, increased speed of transactions, using data standards to one’s advantage, agentic artificial-intelligence commerce, and employing AI to counter fraud are all shaping …
Read More »Visa Identifies Payments’ Five Biggest Fraud Threats
Fraudsters are becoming better organized and building industrial-strength infrastructures to commit fraud, making their actions harder to detect and prevent, says Visa Inc.’s Fall 2025 Biannual Threats Report. The report, which pulls data from the Visa’s global network, identifies the five biggest fraud threats facing the payments ecosystem: the industrialization …
Read More »Eye on Payments AI: Hawk Debuts AI-Enabled Check Fraud Tool; EMVCo Sets Sights on Agentic Commerce
As artificial intelligence continues to weave itself into payments, organizations are adding new AI-enabled services and considering options for its use. Two of the latest are Hawk AI GmbH with a check-fraud prevention tool for U.S. financial institutions and EMVCo as it begins work on a global specification for its …
Read More »FICO Teams With Plaid to Include Cash Flow Data in Credit Scoring
FICO (Fair Isaac Corp.) has partnered with open-banking platform Plaid Inc. to develop the UltraFICO score, a credit score that includes real-time cash-flow data from Plaid. The new scoring model is intended to give lenders a more comprehensive view of a consumer’s credit readiness. The UltraFICO score will weigh a …
Read More »How Banks Are Tackling Online Debit Security; Featurespace Highlights an Expected Check Fraud Surge
Credit cards may dominate online use, but debit cards make up a hefty share, too, with 54% of U.S. adults using the former and 49% choosing a debit card in a 30-day period, according to a YouGov.com report. That online debit use has emerged as a key area for banks …
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