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Stripe Unveils AI-Powered Tools for Payments, Pricing, and Fraud Prevention

Fintech News

Payments firm Stripe has announced several new features aimed at enhancing cross-border commerce in Asia, including AI-powered payment tools and expanded market coverage. This tool is designed to help businesses minimise fraudulent transactions without increasing the rate of false positives.

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AP Teams Need Automation to Combat Rise in AI Invoice Fraud Finds Basware

The Fintech Times

“With increasingly sophisticated fraud tactics on the uptick, organisations must prepare for stricter AI and compliance rules. Proactive fraud prevention today not only mitigates risk, but also future-proofs operations against costly penalties.”

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OpenWay Earns Top 5 Spot in Juniper Research’s Digital Wallet Solutions Ranking

Fintech News

The platform also enables fast customer onboarding, tokenization, diverse payment and transfer options, and comprehensive financial management tools including dispute and risk management, omnichannel management, anti-money laundering (AML), fraud prevention, and integration with both fiat and digital currencies, among others.

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A Comprehensive Look at Canadian Banks and How They Offer Payment Processing

Clearly Payments

These partnerships allow banks to focus on their core financial services while leveraging the technology and expertise of dedicated payment processors. For example: RBC (Royal Bank of Canada) works with Moneris, one of Canada’s largest payment processing companies.

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Stripe Acquires Lemon Squeezy for Undisclosed Amount

Finovate

Lemon Squeezy was founded in 2020 to help companies selling digital products globally with its subscription billing plans, payments tools, online storefront builder, checkout overlays, and more. The fintech, which has been processing payments on Stripe since it was founded, serves as an MoR. Terms of the deal were not disclosed.

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FinServ Providers Lift Some Of B2B’s Fraud Burden

PYMNTS

However, they also reveal opportunities for financial institutions and other service providers to carry some of the burden of fraud prevention. KPMG, for example, recently announced a partnership with cybersecurity firm nsKnox to deploy its KPMG Secure Payments tool.

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The Benefits of Using a Payment Portal with Your Sage ERP Software

EBizCharge

Secure and PCI-compliant transactions With a trusted Sage payment portal, your business can ensure compliance with Payment Card Industry Data Security Standards (PCI DSS) by adhering to various security protocols and implementing the necessary measures to protect sensitive customer payment data.