Artificial Intelligence is reshaping payments, but not always for the better. While businesses are using AI to improve security, speed, and customer experience, fraudsters are leveraging the same technology to attack the financial ecosystem at scale. At the recent Visa Payments Vault event in Washington D.C., Visa’s SVP of Payment Ecosystem Risk and Control, Michael Jabbara , highlighted how AI-fueled fraud  is becoming one of the most complex challenges for both businesses a

When you start an application process with a payment provider whether they are an acquirer, ISO, or a PayFac, you must have heard or found it somewhere in the email that application is with underwriters.

The Holiday Boom Comes with Hidden Risks ’Tis the season for sales, and scams. As consumers rush to grab deals, fraudsters rush even faster  to exploit the surge in online transactions. Recent data from Mastercard and The Harris Poll  revealed that while 41% of global shoppers claim to be more cautious online during the holidays, nearly half admit they’d still ignore obvious security warnings for a deep discount or rare item. That same impulse, choosing convenience or profit

For any business accepting card payments, chargebacks are an unavoidable reality. But for high-risk businesses, they can be an existential threat. Visa's Acquirer Monitoring Program (VAMP) casts a long shadow, putting pressure on financial institutions (acquirers) to keep fraud and dispute rates low. This pressure trickles down directly to you, the merchant. So, how do you survive and thrive in this environment? Enter chargeback management companies . These specialized firms

With regulatory frameworks tightening across the EU (Germany, Spain), UK, Australia and the US,  AI-driven verification systems have become the new standard. These solutions combine biometric data,  document scanning (like ID or passport verification), Facial Recognition and behavioral analytics to confirm a user’s age in real time.