AI Drives Sharp Rise in Phishing Volume
The rate of phishing attacks is accelerating, with spam filters flagging one email every 19 seconds last year, up from 42 seconds the previous year. A major driver of this uptick is artificial intelligence, which has rapidly become a core component of fraud operations. In addition to speeding the deployment of phishing campaigns, AI is […]
Japan Retreats from Chinese Payment Apps Amid Money Laundering Concerns
Retailers across Japan have begun alerting customers that they will stop accepting WeChat Pay and Alipay, China’s two largest digital payment systems. While political friction is contributing to the growing economic separation between the two countries, the shift also reflects heightened concern over money laundering. Chinese media outlet Vision Times also reports that several Japanese […]
The Payment Facilitator Model as a Growth Strategy for ISVs
The rise of Software as a Service (SaaS), AI technologies, financial services APIs, and embedded finance has reshaped the payments ecosystem, creating value beyond simple transactions. These shifts mean traditional payment models now compete directly with independent software vendors (ISVs) and payment facilitators (PayFacs). In fact, 87% of U.S. merchants choose their payment provider at […]