In part three of our series on payments fraud trends and tactics, we welcome back David Maimon, Head of Fraud Insights at SentiLink, to dive into how David and his team use a “data-driven” approach in their investigations and how they have applied their research to predict the fraudulent use of identity information.
Consumer Checkpoint: Early Wrinkles for Younger Spenders
"Total credit and debit card spending per household increased 1.7% year-over-year (YoY) in August, after a gain of 1.8% YoY in July, according to Bank of America aggregated card data. Seasonally adjusted spending per household rose 0.4% month-over-month (MoM), the...
Virtual Card Market on Track to Triple By 2030: Here’s What It Means for Global Travel Commerce
"The financial systems that underpin travel and hospitality have always been intricate. Over the past few years, digital payment innovations have emerged to address challenges, and one in particular is now gaining critical momentum: the virtual credit card (VCC). This...
FedNow® Service Will Raise Transaction Limit to $10 Million to Meet Increased Demand, Unlocking Higher-Value Use Cases
"The FedNow Service network transaction limit will increase from $1 million to $10 million in response to growing commercial demand, effective November 2025. The increased limit will enable financial institutions and businesses to support higher-value use cases and...
PhonePe, GPay Hit Record UPI Volumes in Aug, but Smaller Apps Eat Into Market Share
"Digital payment leaders PhonePe and Google Pay registered their highest-ever transaction volumes in August 2025, even as their combined market share slipped, highlighting the growing traction of smaller UPI apps and the deepening adoption of merchant payments across...
PCI Council Eyes Wider Data Protection Role Beyond Payments
"The Payment Card Industry Security Standards Council (PCI SSC), the body responsible for payment card security standards, is looking to extend its data security standard to protect a wider range of corporate and personal data beyond credit card numbers. In an...
Amazon Pay India CEO Bats for Balanced MDR to Support Stakeholders
"A non-arbitrary merchant discount rate (MDR) on Unified Payments Interface (UPI) transactions should be determined after discussions between the regulator and industry, Amazon Pay India chief executive officer (CEO) Vikas Bansal told Business Standard on...
Paysecure Boost Transparency and Control with Customisable Surcharge Fee Solution
"Paysecure, leading payment orchestration platform in iGaming, roll-out customisable surcharge fee solution, built to enhance their dynamic cashier functionality. With this enhanced functionality at Paysecure, operators can define fees according to card details (e.g.,...
2025: Navigating the Cross-Border Payments Evolution
"To help stay competitive in this ever-evolving economic environment, financial institutions focused on delivering next-level payment experiences must also be nimble. Over the past several years, the cross-border payments landscape has undergone significant changes,...
AIB, Bank of Ireland and PTSB Set to Rollout Major New Banking Feature Within Months [Zippay]
"Irish banking customers are set to see the rollout of a new feature as three major banks will be implementing a new Revolut style service. AIB, Bank of Ireland and PTSB have said they will launch Zippay, a brand new service that will offer person-to-person...