Fraud & Security

Chargebacks cost U.S. merchants more than $170 billion annually, according to Chargebacks911’s 2025 Cardholder Dispute Index. The average dollar value of a transaction disputed with a consumer’s bank over the prior 12 months was $84, a 10.5% increase from 2024. The top reason for chargebacks is unauthorized transactions on a …

Payments processor Adyen said it will provide its SFO1 point-of-sale terminal to Joe & The Juice, a juice bar and coffee merchant. Payments provider Valor PayTech announced an integration with retailcloud, which makes cloud-based retail software, that will ease the hardware and software setup for retailers. Euna Solutions launched PayCenter, an online payment portal for …

Zelle, the 7-year-old peer-to-peer payments service, has added another 178 banks and credit unions to its list of Zelle participants, the service announced Monday. Zelle, launched in 2017 by Early Warning Services LLC, says this bumps to more than 2,300 the number of financial institutions that offer the service. Zelle …

New Generation, a technology company that creates AI-native storefronts for merchants, unveiled its agentic-commerce platform early Thursday. The platform allows AI agents to securely check out from merchant Web sites. The company is working with Visa Inc. to enable payments through its platform, handle identity checks, and provide fraud protection …

The Federal Trade Commission’s negative option rule, or click to cancel rule, for subscription management, has been struck down by the U.S. Court of Appeals for the Eighth Circuit because the FTC did not follow procedures for creating the rule, The Hill reported. The rule was set to start July 14, having been delayed …

Scams continue to get top billing when it comes to favored fraud attempts, closely followed by account takeovers, finds the NiCE Actimize U.S. version of its Fraud Insights Report. Released Monday, the report found that, of the NiCE Actimize data analyzed, 57% of fraud attempts were scams with account takeovers …

Restaurant-payments provider SpotOn has launched Picked for You, an AI-powered system that SpotOn says personalizes digital menus on behalf of restaurants in an effort to drive higher tickets. Working with Idex Biometrics, Mastercard Inc. is launching in Bangladesh its metal credit card, which includes technology supporting fingerprint authentication for in-store transactions. The issuer is …

Credit card issuers and others relying on the credit bureau Experian plc to aid with decisions about extending services to consumers will be able to tie into Experian’s integration of Mastercard Inc.’s identity-verification and fraud-prevention tech in the Experian Ascend Platform. Announced Thursday, the integration means users of the Ascend …

Skyfire, a provider of payment and identity technology for AI agents, has launched AI Agent Checkout, technology said to be programmed specifically for transactions conducted via AI agents. Payments-software developer Weave Communications Inc. has appointed Adrian McDermott to its board of directors. McDermott is chief technology officer at ZenDesk.

In partnership with Xsolla, a provider of videogame-commerce platforms, Affirm Inc. has agreed to offer its payments options through online-game developers. Square, a unit of Block Inc. released its Square Handheld device in the United Kingdom. Square launched the device in May in the United States. Stablecoin-card issuer Rain said it will work with Toku, a …