News

View the latest news and breaking news today for Payments, Commerce, Retail, Mobile Order, and Technology at PYMNTS.com

Source: pymnts.com

Mastercard Taps AI to Tackle UK APP Fraud Epidemic
Mastercard Taps AI to Tackle UK APP Fraud Epidemic
September 24, 2024  |  Fraud Prevention

Mastercard has introduced what it says are new protections against real-time payment scams. The update to the company’s Consumer Fraud Risk (CFR) solution, announced Tuesday (Sept. 24), uses...

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Visa Adds AI-Powered Reports and Auto-Fill to Dispute Processing Platform
Visa Adds AI-Powered Reports and Auto-Fill to Dispute Processing Platform
September 24, 2024  |  VISA

Visa has unveiled new features and programs designed to help merchants manage the disputes process. These new offerings will enable merchants to streamline the process...

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Google Reports 2 Million Developers Building With Its GenAI Solutions
Google Reports 2 Million Developers Building With Its GenAI Solutions
September 24, 2024  |  artificial intelligence

Google’s artificial intelligence (AI) model Gemini is being put to work by companies in a variety of ways, delivering answers, recommendations and new capabilities to...

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Fabric CEO: ‘Peak Website’ Helps Retailers Win Battle for Post-Purchase Efficiency
Fabric CEO: ‘Peak Website’ Helps Retailers Win Battle for Post-Purchase Efficiency
September 24, 2024  |  Retail

“This is where the battle’s going to be won,” Mike Micucci, CEO at fabric, told PYMNTS’ Karen Webster. “This” is retail’s ability to meet consumers where...

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WEX: How Companies Are Slashing Costs by Optimizing Business Payments
WEX: How Companies Are Slashing Costs by Optimizing Business Payments
September 24, 2024  |  B2B Payments

Choice can be both a necessity and a paralyzing paradox. Particularly in the world of business payments, finding the optimal mix of payment methods has...

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69% of Consumers Prioritize Fraud Protection When Picking a Bank
69% of Consumers Prioritize Fraud Protection When Picking a Bank
September 24, 2024  |  Security & Fraud

Banks and financial institutions (FIs) face challenges in balancing the convenience of digital banking with the need for robust security measures. Economic impacts from fraud...

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Instant Payroll Could Cut Costly Employee Turnover
Instant Payroll Could Cut Costly Employee Turnover
September 24, 2024  |  Money Mobility

Workers are growing increasingly frustrated with the slow pace of traditional payroll and outdated biweekly pay periods, especially in today’s economic climate, where many live...

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Javice Trial: Frank Founder’s Fraud Case Delayed Amid Defense Preparations
Javice Trial: Frank Founder’s Fraud Case Delayed Amid Defense Preparations
September 23, 2024  |  Legal

Charlie Javice, the young entrepreneur accused of deceiving JPMorgan Chase in a $175 million acquisition deal, will now face trial next year, according to several published reports. A...

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Report: DOJ to File Antitrust Suit Targeting Visa’s Debit Card Practices
Report: DOJ to File Antitrust Suit Targeting Visa’s Debit Card Practices
September 23, 2024  |  ANTITRUST

The U.S. Justice Department reportedly plans to file an antitrust suit against Visa as early as Tuesday (Sept. 24). The agency plans to allege that...

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