Fraud & Security

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 …

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 …

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 …

PayPal Holdings Inc. said it is an official digital payments partner with U.K.-based soccer club Liverpool FC. Already an option in the club’s digital payments platforms, PayPal will be featured more prominently on checkout and payment screens in the club’s e-commerce and All Red services. All Red is a membership program …

Nacha, the automated clearing house rule maker, is soliciting feedback on potentially increasing the transaction size of a same-day ACH payment from $1 million to $10 million. Comments are being accepted through Dec. 18. Steamboat Capital sent an open letter to the directors of Priority Technology Holdings Inc. expressing disappointment in an …

PAR Technology Corp. launched PAR Catering, a service to help restaurants build and manage their catering operations. Block Inc.’s Square point-of-sale unit has launched a service that lets merchants accept bitcoin and manage digital assets in tandem with fiat currency. The service, which is charging no fees for the first year, includes …

Upward Financial, a provider of payments and other financial technology, announced Mastercard Inc. will provide embedded financial technology to Upward’s clients to enable them to launch Mastercard-branded card programs in a matter of weeks. Upward also announced an $8-million seed round co-led by Dundee Venture Capital and Breakwater Ventures Fund. …

Payments-technology platform Adyen NV introduced two new point-of-sale terminals, the S1E4 Pro, a mobile device, and the S1F4 Pro, aimed at countertops. The devices will be available for order in the first quarter next year. Processor Lightspeed Commerce Inc. reported September-quarter revenue of $319 million, up 15% year-over-year, on a 22% jump in gross …

The financial-services industry faces a threat even more sophisticated and convincing than traditional cybercrime: AI-powered deepfake voice scams. Unlike conventional account-takeover attempts that rely on stolen credentials and digital channels, these attacks use artificial intelligence to replicate customers’ voices with startling accuracy. They are able to bypass traditional authentication methods …

An increasing focus on stablecoin initiatives, agentic commerce, and payments innovation helped propel Visa Inc. to a strong 2025 fiscal year and helped the card network to meet its goal of becoming a “hyperscaler” for companies in the payment ecosystem, Visa chief executive Ryan McInerney told analysts during Visa’s 2025 …