Identity verification stories
Users can now approve AI-initiated payments in-chat, as MoonPay tries to make Claude and ChatGPT commerce safer and more seamless.
The financial authentication firm is shifting to a new executive structure as it expands internationally and tackles rising fraud and scam activity.
Earlier checks on contact details could curb fake reservations, cut chargebacks and free hotel staff before rooms are wrongly blocked.
Banks and insurers could soon grant AI agents narrower, time-limited access to sensitive systems under Daon's new patent.
Digital payments, AI and open banking are set to propel the sector to USD $1,533.29 billion by 2034, the report says.
Faster instant payments and AI-led commerce are exposing fraud and infrastructure gaps, forcing banks and merchants to bolster resilience.
Healthcare providers can cut fraud and account takeover risks on MyChart, while keeping patient sign-ups and recovery simple.
Businesses will gain embedded self-custody tools as Payward folds Magic Labs' wallet infrastructure into its B2B platform for onchain services.
European firms facing tighter rules and AI-driven attacks will get a locally hosted security service that keeps data in Germany.
New licensing rules mean BNPL providers must verify identities and addresses more accurately or risk fraud losses and compliance breaches.
Compliance teams facing fragmented systems may cut integrations and vendor sprawl as Shufti folds onboarding, screening and monitoring into one platform.
A growing share of US adults doubt business emails as AI makes polished messages easier to fake, a survey found.
Trust in digital messages is fraying, with 46% of UK adults doubting whether an email or text was genuine, according to new research.
Banks could cut operating costs by 20% to 30% by 2028, but only if they fix duplicated, outdated customer records first.
Retailers could soon use terminals for age checks and identity verification, as New Zealand gets an early taste of Verifone's biometric rollout.
With paperwork and costs still confusing millions of Americans, the patient-led platform aims to show coverage, eligibility and assistance in one place.
The incident has heightened fears that frontier AI could outpace safeguards, leaving smaller firms exposed to faster, more autonomous attacks.
Small businesses could save time on procurement as an AI agent in Greater China sourced, ordered and paid for a sample without manual input.
Thousands of firms face higher risks of fines and delays unless customer records are verified and kept current before July 2026.
Ransomware attacks spread through vendor systems and AI-aided tactics, leaving 7,551 publicly disclosed victims in the latest 12-month period.