Fraud & Security

Financial-services organizations have long held a sobering view of the cost of scams and fraud. Now, the cost of these crimes and misdeeds has reached an average of $5.75 per every $1 of fraud loss, finds the latest edition of the 2025 True Cost of Fraud Study for North America …

Payroc said it will begin processing Sept. 1 for merchants using Cinfed Credit Union under a new agreement with the financial institution, which serves members in Southwest Ohio. Digital-asset platform Fireblocks Inc. launched Fireblocks Network for Payments, aimed at enabling stablecoin-based transactions in more than 100 countries. Sola Security, a cybersecurity firm whose …

VikingCloud, a cybersecurity and PCI-compliance company, is collaborating with Fiserv Inc. to make Mastercard Inc.’s Compliance and Validation Exemption Program available to small and mid-size businesses. Announced earlier this year, Mastercard’s C-VEP exempts eligible merchants from complying with the Payment Card Industry Data Security Standard and validating their PCI-DSS compliance …

Euna Solutions, a provider of payments software to the public sector, launched Storefront Pro, e-commerce software aimed at easing purchases through existing procurement channels. Equifax Inc. has launched Identity Proofing, aimed at helping online merchants and financial institutions in verifying customer information during transactions and onboarding processes. Nasdaq Verafin and BioCatch announced …

American Express Co. and the National Trust for Historic Preservation announced 50 restaurants will each get a $50,000 grant plus one year of free service from Resy, an AmEx company. The grants are part of the Backing Historic Small Restaurants program. Payments provider TouchSuite said it acquired a majority ownership in STG, a …

PayLaterr Inc., a bill-payment platform provider, has partnered with Experian to use the credit bureau’s advanced identity and behavioral analytics for fraud detection and to help consumers make better budgeting decisions. PayLaterr says it will integrate Experian’s fraud-detection tools and alternative credit-data solutions into its identity-verification and decision-making processes. PayLaterr …

U.S. payments fintech Payoneer Inc. announced it will work with Stripe Inc. to offer an improved Payoneer Checkout service for small and medum-size merchants, starting in the Asia-Pacific region. The collaboration will enable more payment methods, including buy now, pay later from Affirm Inc. and Klarna AB and digital wallets from Apple …

Circle Internet Group Inc. announced a public offering of 10 million shares of its Class A common stock, with 2 million shares offered by Circle and the balance by current shareholders. Circle on Tuesday unveiled Arc, a payments platform aimed at major money flows. Payments-technology provider Alacriti Inc. said Beginnings Credit Union has adopted …

Identity-intelligence platform provider Forter has launched a service that it says enables digital merchants to vet AI agents across the entire shopping process, including payment. The new capability within the Forter platform is intended to help merchants combat fraud in the artificial-intelligence era, which has seen the rise of AI …

NCR Atleos Corp. said convenience store chain Casey’s joined its Allpoint ATM network. Casey’s has more than 2,900 locations. In related news, NCR Atleos said it will provide “thousands” of new ATMs to FCTI Inc., an ATM owner-operator and subsidiary of Seven Bank Ltd.. FCTI is the sole ATM operator in U.S. 7-Eleven …