BRICS Puts Its Payment Rail on the Front Burner
The long-rumored BRICS payment system may finally be moving toward reality. A payment rail built on interoperable central bank digital currencies (CBDCs) has appeared on the agenda for the group’s summit to be held in India this summer, more than a decade after the idea was first floated. Attention has shifted away from a proposed […]
Equifax Launches Credit Abuse Risk Model to Detect First-Party Fraud
As one of the three major credit bureaus in the United States, Equifax has broad visibility into consumer credit behavior. In recent years, one notable trend has been the rise of first-party fraud, in which consumers knowingly exploit organizational policies for financial gain. First-party fraud, sometimes referred to as consumer-engaged fraud or friendly fraud, can […]
How Merchants Should Navigate the Rise of Agentic AI
As is typical with hot new developments in the payments industry, everyone is talking about agentic AI as if it appeared overnight—and everyone feels like they’re already behind the curve. The one group that doesn’t seem excited? Merchants. Much of the discussion has centered on the technology itself, not on how it will actually be […]