"...we’ve [Google] launched support for dual network debit cards in Google Wallet, as part of what is referred to as ‘least cost routing’. Retailers will now be able to choose to send customers’ tap and pay payments made with Google Wallet to either the eftpos network...
NICE Actimize X-Sight ActOne Platform Redefines Financial Crime Investigations with Agentic AI
"NICE Actimize announced the availability of the next generation X-Sight ActOne which expands upon the robust and open architecture of X-Sight with Agentic AI capabilities. The latest Agentic AI capabilities can understand financial institutions policies and...
AvidXchange Unveils New AI Agents to Elevate Accounts Payable Processes
"AvidXchange announced the launch of several new AI agents and enhancements within its invoice automation solution: AI Approval Agent, AI PO Matching Agent, and Invoice Capture Enhancements."
Moneygram and Mastercard Collaborate to Advance Digital Money Movement
"MoneyGram and Mastercard have joined forces to advance digital money movement both domestically and across borders. MoneyGram is implementing Mastercard Move, Mastercard’s portfolio of money transfer solutions, providing its customers with enhanced access to fast,...
Alkami Research Studies Reveal Industry Perceptions on Fraud Prevention and Data Protection
"Alkami Technology announced the findings of research that examined both financial institutions’ evolving approach to fraud prevention and consumers perceptions on data protection within the digital banking experience. Fraud losses reported by consumers and companies...
New UPI Rule Starting April 1: Here’s What’s Changing
"National Payments Corporation of India (NPCI) has issued an addendum to its previous circular on the Numeric UPI ID solution, introducing new guidelines to increase interoperability and customer experience for UPI number-based payments. These will be effective from...
Scammers Shifting to ‘Secure’ Encrypted Apps WhatsApp & Telegram, Reports Revolut; Meta Still Biggest Overall Source of Scams
"New report reveals Meta platforms remain the biggest source of scams (54%), reported to Revolut, the third consecutive reporting period where Meta has held this position. This compares to Google platforms, which accounted for 0.09% of all fraud cases, proving big...
7-Eleven South Korea To Accept CBDC Payments in National Pilot Program
"South Korea’s 7-Eleven stores will accept payments in the country’s central bank digital currency (CBDC) until June, as the retailer participates in the test phase of its CBDC project. The convenience store chain will reportedly provide a 10% discount on all products...
The Future of UDAAP: Look to the States?
"As the industry witnesses the federal approach to Unfair, Deceptive, or Abusive Acts or Practices (UDAAP) becoming less aggressive, many think the focus of UDAAP will shift to state developments. As a result, understanding state-level trends, as well as maintaining...
Joint Trades Respond to CFPB’s Emerging Payments Interpretive Rule
"The Clearing House Association, the Bank Policy Institute, and the Consumer Bankers Association submitted a comment letter in response to the Notice of Proposed Interpretive Rule and request for comment regarding Electronic Fund Transfers Through Accounts Using...