"The technical build of the RTR will finish in the coming weeks and the program will move into the testing phase, as planned, successfully meeting our target of finishing the build in Q3 of 2025. The build includes the completion of the real-time Clearing and...
$17 Million Is Lost in A.T.M. Scam That Spread on TikTok, Officials Say
"It took less than three days for $17 million to disappear from A.T.M.s across New York in a scam that went viral on TikTok and that city officials say is linked to a youth jobs program, according to two law enforcement officials briefed on the matter. " [Subscription...
AI-Generated Scams Claim 62% More Victims Year-Over-Year Despite Declining Consumer Concern, New Sift Report Reveals
"Sift, the AI-powered fraud platform delivering identity trust for leading global businesses, released its Q2 2025 Digital Trust Index, revealing a troubling disconnect between consumer confidence and actual vulnerability to AI-generated fraud. The report exposes a...
Stablecoin Salaries: A Viable Alternative to Bitcoin Payments
"Stablecoin salaries come with a variety of advantages. First and foremost, they promise stability. Unlike Bitcoin, stablecoins are designed to maintain a consistent value, which can keep employees' paychecks from losing value overnight. This reliability is a breath...
Central Bank Tightens Security Rules for Pix, Its Instant Payment System
"Brazil’s Central Bank has introduced new regulations to enhance security in Pix, the country’s widely used instant payment system. Under the new rules, banks and financial institutions must remove Pix keys (unique identifiers used for transactions) associated with...
Mastercard Unveils AI Card Design Studio: A Smarter, Faster Way to Design Your Perfect Card [Video]
"Mastercard is the first payment network to bring AI-powered card design to market. The tool enables the creation of stunning cards with a click of a button – streamlining market readiness and boosting brand impact."
Evolving with AWS: Forter Launches Trusted Agentic Commerce
"As businesses shift toward agent-based workflows and customers embrace agentic shoppers, trust and identity are more important than ever. Now available in the AWS Marketplace AI Agents and Tools category, Forter’s Trusted Agentic Commerce allows AWS customers to...
Square Launches Data Driven Cash Advances In The UK
"Square announced the launch of Square Cash Advance in the UK, meaning businesses can access simple funding to grow their business and keep operations running smoothly. Whether a restaurant owner, retail merchant, or beauty salon, fast and easy access to funds helps...
Zelle® and Consumer Action Launch Multi-City Financial Education Initiative to Empower Underserved Communities
"The Zelle® network earlier this week launched a new multi-city financial education training roadshow in partnership with Consumer Action, a national non-profit dedicated to consumer protection and financial empowerment for more than 50 years."
How AI Is Transforming Fraud — and What You Can Do
"At the Visa Payments Vault in Washington D.C., Axios Publisher Nicholas Johnston sat down with Michael Jabbara, SVP of payment ecosystem risk and control at Visa, to tackle a rising concern that should have everyone’s attention: the growing threat of AI-powered...