U.S. Payments Forum Summer Market Snapshot: AI’s Industry Shakeup, FedNow in Focus, Combatting Shifting Fraud Trends
Fraud mitigation is by far the most widely sought after use case for AI in the payments industry today.
- Fraud mitigation is by far the most widely sought after use case for AI in the payments industry today.
- Since there are other peer-to-peer payment options on the market, industry stakeholders are examining how FedNow can instead fill gaps in ACH products.
- Since faster payments are still gaining traction in the U.S., some industry experts are analyzing fraud trends in countries with more experience, like the U.K.
- Synthetic ID Payments Resource Brief – A synopsis of fraud trends related to synthetic IDs, including suggested techniques for preventing and mitigating this fraud.