Fraud & Security

While there may be apparent good news in the 23rd edition of the Javelin Strategy & Research Identity Fraud Study, it’s likely premature to think that criminals and scammers are backtracking. In 2025, the combined impact of identity fraud and scams totaled $38 billion, down $9 billion or 18.6% from …

JetBlue Vacations said it will work with Flex Pay, a buy now, pay later platform, to offer monthly payment options to customers planning flight-and-hotel vacation packages. JetBlue Vacations is a unit of JetBlue Airways Corp. SpotOn Transact LLC said four hospitality operators were among new clients signed in the first quarter for …

TechCreate Group Ltd., a Singapore-based payments-software provider and consultancy, is partnering with quantum cybersecurity-solutions firm pQCee Pte Ltd to incorporate the National Institute of Standards and Technology post-quantum cryptography algorithms in its QR Hybrid point-of-sale terminals. A QR hybrid POS device adds QR code scanning for digital wallets, mobile apps, …

Processor Repay Holdings Corp. said it has received an unsolicited, non-binding offer from Forager Capital Management LLC to buy Repay’s outstanding equity for $4.80 per share in cash. The share price stood at $4.11 at market close on Friday. The company said it will review the offer. The processor Nayax Ltd. said it will …

Early Warning Services LLC, provider of Zelle and Paze, launched Certos, a suite of products to help financial institutions counter fraud and expand financial access in the U.S. banking system. Digital-currency platform Binance has introduced Binance Chat, a feature in its app that enables cryptocurrency transfers, messaging, and other functions. MegPrime, a …

It’s a sobering condition of today’s payments industry that fraud is a persistent, pervasive, and unwelcome counterpart to legitimate transaction activity. Testifying to that is that 76% of U.S. organizations experienced attempted or actual fraud in 2025, says the Association for Financial Professionals’ 2026 edition of its Payments Fraud and …

As the number of U.S. consumers who have heard nothing at all about artificial intelligence continues to drop, organizations are preparing for the expected infusion of AI into everyday life. Payments companies are no exception. American Express Co. is releasing a software-development kit called Agentic Commerce Experiences to help consumers …

ATM maker and services provider NCR Atleos Corp. said it supports a New York state law that requires retailers and food establishments to accept cash for in-person transactions. Taking effect March 21, the law means these businesses cannot refuse cash payments and prohibits them from charging cash-paying customers higher fees. Nacha, the …

PayPal Holdings Inc. said its Payment Links are now available for Canva, a platform that enables users to sell videos, social posts, and presentations. Payment Links, which PayPal launched in September, allow users to receive money via text, email, or social media. Adyen NV introduced Intelligent Money Movement, which it says is …

Synthetic-identity fraud was the fastest growing type of fraud in 2025, accounting for 11% of total fraud globally, an eight-fold increase from 2024, says LexisNexis Risk Solutions’ annual cybercrime report. The explosion in synthetic identity fraud—which occurs when a criminal blends pieces of information belonging to multiple consumers to craft …