Socure, has launched Socure’s Advanced Pre-Fill, a groundbreaking solution that redefines the customer onboarding experience, leveraging RiskOS™. Socure’s Advanced Pre-Fill dramatically streamlines onboarding by pre-populating application forms with the highest-verified identity information available—delivering speed, security, and scalability like never before. Socure’s Advanced Pre-Fill eliminates that friction by requiring minimal input from users, all while achieving a 91% match rate—far surpassing the industry average of 66%. This performance leap translates into higher conversion rates, faster time to fund, and reduced customer drop-off. Unlike legacy systems that rely heavily on limiting phone or credit header data, Socure’s solution taps into a vast array of authoritative signals—phone and carrier data, device information, graph intelligence, multi-bureau, tax, public records and more—to construct a rich, multi-dimensional view of identity. Socure’s Advanced Pre-Fill is available via client-side and server-side SDKs and APIs, making it easy to integrate into any digital application experience. Socure’s Advanced Pre-Fill accelerates customer onboarding by implementing form fill automation with authenticated data. Device Intelligence, ID Graph Intelligence, and multiple layers of authentication directly from the carriers not only ensures the best possible population coverage and entity resolution, but additionally plays a role in enabling instant fraud decisions. Socure Advanced Pre-Fill delivers measurable business impact through: Enhanced User Experience, Operational Efficiency, Improved Security
PayPal’s new Offsite Ads, lets advertisers to tap into its transaction graph to reach millions with display and video advertising
PayPal is announcing the launch of Offsite Ads, a new way for advertisers to tap into the power of PayPal’s transaction graph and reach millions of consumers across the open web through display and video advertising. Offsite Ads is built on PayPal’s extensive two-sided network that connects millions of merchants and consumers, bringing a new level of precision to advertising by making cross-merchant transaction insights available — all while respecting consumer privacy. Unlike traditional approaches that rely heavily on browsing behavior or probabilistic models, PayPal Offsite Ads is powered by actual purchase data across millions of merchants. This enables brands to reach highly relevant audiences based on real shopping intent, not just inferred interest. For the first time, advertisers can leverage PayPal’s understanding of when and where people actually buy — across a wide range of categories — to inform smarter media buying decisions. PayPal allows brands to connect with audiences in a different and more relevant way than standard third-party cookie-based or contextual targeting methods. Publicis Media will be the first agency partner to offer Offsite Ads to brands, enabling advertisers to bring more precision, rigor and performance to advertising across platforms. PayPal Offsite Ads are available through leading channels, allowing advertisers to activate campaigns at scale across premium websites, apps, and CTV environments, while ensuring seamless integration with existing media buying strategies.
Paze checkout reports loading 150 million debit and credit card accounts; partners Fiserv to attract more banks to offer the digital wallet
Paze, the digital wallet launched last year by Early Warning Services, has loaded 150 million debit and credit card accounts onto its nascent system. Now, those bank customer card holders can opt into the wallet if they’re interested in using it. More big banks are expected to link to Paze later this year, Early Warning’s Chief Partnership Officer Eric Hoffman said. He spoke alongside Deva Annamalai, Fiserv’s head of client strategy and solutions for digital payments. The processor is partnering with EWS to attract more banks to offer the digital wallet to their customers for online purchases. With Fiserv, there is “exposure to thousands of banks,” Hoffman said, explaining how additional banks will disclose working with Paze as they announce that the service is available to those banks’ customers. As Fiserv helps bring its bank clients onto the Paze system, it will benefit from the increased transaction volume it processes through the digital wallet. Some 70% of U.S. consumers don’t use a digital wallet so there is a broad opportunity to attract new users without having to do battle with some of the long-time rivals in the field, namely Apple Pay and PayPal, Hoffman said. Paze will be directed at consumers between 35 and 65 years-old who tend to be wealthy, and have been “protectionist” in their thinking about digital wallets, Hoffman said. This group has generally avoided using digital wallets so far, but they’re likely to sign up for Paze if it’s offered by their banks, just like they did with Zelle, he said.
FTC order requires Workado to offer competent and reliable evidence to support the 98% accuracy and efficacy claims of its AI content detection product
The Federal Trade Commission issued a proposed order requiring Workado, LLC to stop advertising the accuracy of its AI detection products unless it maintains competent and reliable evidence showing those products are as accurate as claimed. The settlement will be subject to public comment before becoming final. The order settles allegations that Workado promoted its AI Content Detector as “98 percent” accurate in detecting whether text was written by AI or human. But independent testing showed the accuracy rate on general-purpose content was just 53 percent, according to the FTC’s administrative complaint. The FTC alleges that Workado violated the FTC Act because the “98 percent” claim was false, misleading, or non-substantiated. The proposed order settling the complaint is designed to ensure Workado does noat engage in similar false, misleading, or unsupported advertising in the future. Under the proposed order, Workado: 1) Is prohibited from making any representations about the effectiveness of any covered product unless it is not misleading, and the company has competent and reliable evidence to support the claim at the time it is made; 2) Is required to retain any evidence it uses to support such efficacy claims; 3) Must email eligible consumers about the consent order and settlement with the Commission; and 4) Must submit compliance reports to the FTC one year after the order is issued and every year for the following three years.
Mastercard’s Agentic Payments Program applies tokenization to integrate trusted, seamless payments experiences into the tailored recommendations and insights already provided on conversational AI platforms
Mastercard announced the launch of its Agentic Payments Program, Mastercard Agent Pay. The groundbreaking solution integrates with agentic AI to revolutionize commerce. Mastercard Agent Pay will deliver smarter, more secure, and more personal payments experiences to consumers, merchants, and issuers. The program introduces Mastercard Agentic Tokens, which build upon proven tokenization capabilities that today power global commerce solutions like mobile contactless payments, secure card-on-file, and Mastercard Payment Passkeys, as well as programmable payments like recurring expenses and subscriptions. This helps unlock an agentic commerce future where consumers and businesses can transact with trust, security, and control. Mastercard will collaborate with Microsoft on new use cases to scale agentic commerce, with other leading AI platforms to follow. Mastercard will also partner with technology enablers like IBM, with its watsonx Orchestrate product, to accelerate B2B use cases. In addition, Mastercard will work with acquirers and checkout players like Braintree and Checkout.com to enhance the tokenization capabilities they are already using today with merchants to deliver safe, transparent agentic payments. For banks, tokenized payment credentials will be seamlessly integrated across agentic commerce platforms, keeping card issuers at the forefront of this rapidly evolving technology with enhanced visibility, security, and control. Mastercard Agent Pay will enhance generative AI conversations for people and businesses alike by integrating trusted, seamless payments experiences into the tailored recommendations and insights already provided on conversational platforms. By identifying and validating a customer using Mastercard’s tokenization technology, a retailer will be able to offer a meaningful and consistent shopping experience, layering on relevant and personalized benefits, such as recommended products, free delivery, rewards, and discounts. Mastercard will work with Microsoft to integrate Microsoft’s leading AI technologies, including Microsoft Azure OpenAI Service and Microsoft Copilot Studio, with Mastercard’s trusted payment solutions to develop and scale agentic commerce, addressing the evolving needs of the entire commerce value chain.
Nuvo to extend B2B trade infrastructure- enabling companies to exchange critical trust signals, including verification status, creditworthiness, banking information, and trade history
Nuvo has raised $45 million to extend its B2B trade infrastructure into new verticals and deepen its reach in its core markets. Nuvo is building the infrastructure to transform how businesses connect, trade, and grow. By enabling companies to exchange verified profiles with potential partners, Nuvo provides instant access to critical trust signals, including verification status, creditworthiness, banking information, and trade history, allowing businesses to activate new partnerships quickly and confidently. With identity, connectivity, and trade data in one place, businesses can expand their customer and vendor networks more easily, scale faster with less risk, and unlock growth and resilience. The company’s infrastructure is used by more than 50,000 businesses to activate new partnerships with customers and vendors and manage their trade relationships. With the new funding, Nuvo will deepen its reach across core markets such as alcohol and beverage, building materials, chemicals, food service, distribution, and manufacturing, while extending into new verticals. As the network grows, modern payments infrastructure and AI systems will power the intelligent foundations needed to connect and coordinate trade between 50 million global businesses. “Continued innovation, growth and accessibility of goods in the global economy require a new kind of technology infrastructure, and that’s what we’re building at Nuvo,” Sid Malladi, co-founder and CEO of Nuvo, said.
Visa will enable developers to add an AI-ready card to APIs for agents-led ‘intelligent commerce’- shielding account data, eliminating the clunky step of keying in card numbers every time the agent hops to a new site
Visa unveiled the Visa Intelligent Commerce program which opens the network’s rails to developers building AI agents that search, recommend and now pay on behalf of consumers. “This is going to transform shopping and buying — we’re letting AI developers and engineers use the Visa network to allow AI agents to find, and buy, on [the consumer’s] behalf in a seamless and safe way,” Mark Nelsen, Visa’s global head of consumer products, told. At the center of the effort is an AI-ready card, a credential developers can spin up through a bundle of Visa application programming interfaces (APIs). As Nelsen put it: “The APIs will have an AI-ready card. In a hypothetical search for the cheapest flight to Cancún, for example, a traveler uploads an existing Visa credential, while in the background Visa authenticates the cardholder with payment passkeys, tokenizes the 16-digit number and seats the token inside the AI agent.” That behind-the-scenes swap shields account data, eliminating the clunky step of keying in card numbers every time the agent hops to a new site.
Affirm opens AI-powered POS promotion platform to merchants dynamically matching the right benefit to the right consumer at exactly the right moment
Buy now, pay later network Affirm is introducing its artificial intelligence-powered platform, AdaptAI, to its merchant partners. Merchants can provide shoppers with personalized, targeted, real-time promotions and credit offers at the point of purchase via the offering. “Unlike conventional credit card rewards — which are opaque, static and subsidized by the financially vulnerable — AdaptAI dynamically matches the right benefit to the right consumer at exactly the right moment,” Affirm Senior Vice President of Product Vishal Kapoor said. “Consumers no longer need to spend more, keep track of, or wait months to recoup their rewards. Now, they can immediately receive tailored, transparent value at the time of purchase. This is only made possible with Affirm’s AI-powered technology and real-time underwriting, and [it] builds on what we do best: delivering customized payment options that help consumers take their money further.” Consumers expect individualized experiences, particularly when paying, leading Affirm — and now its merchants — to offer payment solutions customized to consumers’ purchase and financial profiles.
Stripe’s Radar now protects ACH and SEPA payments from fraud- reporting a 42% reduction in SEPA fraud and a 20% reduction in ACH fraud
Stripe announced an expansion of Radar, Stripe’s AI-powered fraud prevention product, for ACH and SEPA payments. Radar assesses more than 1,000 characteristics of a potential transaction in order to determine, in less than 100 milliseconds, the likelihood that it’s fraudulent. On average, Radar users see a 42% reduction in SEPA fraud and a 20% reduction in ACH fraud. Ben Winfield, Radar product manager, wrote “Over the last year, we’ve seen a 40% increase in noncard payment volume on Stripe. Now, we’re extending Radar fraud protection to ACH and SEPA payments. We’ve applied the same AI architecture Radar uses for cards to new models that automatically screen and help block risky ACH and SEPA transactions.”
Cross River’s new International Payments platform for businesses is rail-agnostic, dynamically selecting the most relevant payment rails based on transaction size, currency, and corridor
Cross River Bank launched its new International Payments solution, now processing transactions with Aion, a modern business finance platform designed to simplify financial management. Leveraging Cross River’s proprietary banking core, API technology, and industry-leading compliance and AML/CFT integrations, this new International Payments solution offers seamless, efficient, and cost-effective cross-border transactions for businesses. Cross River’s International Payments platform is rail-agnostic, dynamically selecting the most relevant payment rails based on transaction size, currency, and corridor. This ensures businesses and consumers benefit from faster processing times so consumers receive their money when and where they need it. “Our goal is to simplify cross-border payments by removing technical barriers that limit global scalability,” said Luca Cosentino, Head of Product at Cross River. “Our International Payments capability uses a flexible, rail-agnostic approach to enable fast, cost-effective, and secure transfers—whether through SWIFT or local bank rails. Aion, an early adopter in B2B and B2C use cases, enables businesses to modernize cross-border transactions Satish Palvai, Founder and CEO at Aion said, “With Cross River’s International Payments, we’re leveling the playing field by giving growing businesses access to the same speed and efficiency once reserved only for large enterprises.” With strict adherence to regulatory standards, Cross River’s International Payments platform integrates advanced AML tools and compliance solutions. Fully routable subledgers and detailed customer records allow businesses to monitor transactions on a sub-entity level, ensuring security and reliability.