Fraud & Security

As online traffic powered by artificial intelligence explodes, businesses are struggling to differentiate between legitimate and fraudulent agentic commerce agents, says a study by AI-based fraud-prevention platform provider Darwinium. Some 97% of businesses report an increase in AI-based fraud attacks in the past year, the report says. Among these businesses, …

Early Warning Services LLC said Citi, a unit of Citigroup Inc., will offer Paze, the Early Warning online checkout service, to its cardholders. They can activate Paze via Citi.com, the Citi mobile app, or on Paze. Celero Commerce said it acquired substantially all of the assets of Petroleum Processing Solutions. The acquisition …

New York City-based payments and corporate card platform Ramp Business Corp., said it has acquired Juno, a platform that offers travel arrangements for non-employee travel. Terms were not announced. Ramp’s deal for Juno was preceded by its Friday announcement that it has acquired Billhop, a payments provider licensed in the United Kingdom …

Payment-software developer BHMI announced enhancements aimed at supporting debit processing in Canada on its Concourse Financial Software Suite, touching on settlement, reconciliation, dispute management, and reporting capabilities. Indiana has become the first state to impose a ban on cryptocurrency kiosks, alleging the machines have been used to steal millions of dollars from scam …

Available beginning March 16, the CardFlight Inc. SwipeSimple App Marketplace will enable merchants to use curated applications to help run their businesses. In related news, fintech Jaris Inc. launched a merchant onboarding service with Aurora Payments as one of the first clients. New York City-based CardFlight says the marketplace for …

Peer-to-peer payments platform Zelle has collaborated with Bank of America to process charitable disbursements from Donor Advised Funds, enabling nonprofits to receive charitable grant funding in near real time. Zelle is a unit of Early Warning Services. Some 26% of bill-pay platforms said their systems are ready for the future, though 80% …

French fintech Mirakl SAS has partnered with J.P. Morgan Payments to provide infrastructure for the payments provider’s agentic-commerce offering. The partnership will enable merchants to facilitate agentic commerce without having to build and manage complex integrations and protocols. Mirakl will integrate J.P. Morgan Payments technology into its Nexus agentic-commerce service, which …

Mastercard Inc. has launched its Crypto Partner Program, an effort to bring together more than 85 companies and financial institutions involved in cryptocurrency payments around the world. The aim is to encourage dialogue and collaboration on crypto-based ventures. Bilt Technologies Inc., a payments and rewards platform related to homeownership, announced it …

Darwinium Holdings Inc., an artificial intelligence-based digital security and fraud-prevention platform, launched its AI agent fraud-detection solution early Tuesday. The technology is expected to help businesses combat the growing threat from AI-facilitated fraud as agentic commerce grows in popularity. Research conducted by Darwinium reveals that 97% of respondents reported an …

Payments-software developer PCI Pal announced it is widening its relationship with Zoom Communications Inc. to integrate PCI Pal’s payment technology with Zoom Virtual Agent, a technology aimed at resolving customer issues. Payments-technology firm Thales and Verifone announced an expanded relationship in which Verifone’s devices will integrate Thales’s eSIM technology, a move the companies say …