Fraud & Security

Identity-authorization network Proof and business-identity platform Enigma Technologies Inc. are looking to a new certificate program to take on the issue of how to trust businesses operating in an agentic-commerce environment. Announced Thursday, the program, called Business Certificates, will be a verified credential layer that identifies a participating business to …

Three years since FedNow’s launch, the real-time payment network from the Federal Reserve says the number of banks and credit unions enrolled in it now tops 1,800. That’s 200 more than in January, when it counted more than 1,600 participating financial institutions. That tally includes seven of the 10 largest …

The summer travel season has arrived, promising big volume uplifts for payments processors. But wonky payments, checkout letdowns, and fraud fears could lead to less volume than travel companies expect, according to a pair of travel reports released Tuesday. So far, demand looks strong. Some 91% of consumers are planning …

Payments platform Repay Holdings Corp. reported it has received a revised, unsolicited and non-binding offer from Forager Capital Management LLC to acquire the company’s outstanding shares at $5.25 per share, in cash. Repay says its board is reviewing the offer. The proposal follows an offer in April from Forager at $4.80 per …

No sooner has agentic commerce entered the domain of digital payments than questions have sprung up regarding issues of trust and identity. The trust issue in particular came to the fore early Monday with survey results indicating that just 19% of adult consumers in the U.K. trust that AI agents …

Merchants wrestle with fraud every day, lamenting how much is lost in each bad transaction. LexisNexis Risk Solutions, as it’s done for a number of years, has quantified the actual cost beyond the item’s value. In 2026, the total cost of every $1 in fraud is $5.13 in the United …

The growing prominence of agentic commerce has raised questions about the potential for fraud in these transactions, and in particular the problem of verifying who is behind the agents. Now, technology is emerging to address that question. In one example, Boston-based Notarize Inc., which does business as Proof, introduced on …

Processor Jack Henry & Associates Inc. said it will work with Google Cloud to introduce an AI-based security service for financial institutions to enable faster issue resolution and support routine operations. Elon Musk’s X social-media platform has started to roll out the X Money payment service to more users to elicit feedback and correct …

The idea of using AI agents to shop online on the consumer’s behalf intrigues payments providers and consumers alike, but the full rollout of this technology is going to depend on how much buyers and processors can trust the technology, according to survey results released early Tuesday. That need for …