Finextra

JULY 5, 2025

Spoiler: Both companies have overlapping product categories (payments, fraud prevention, in-person solutions, and more), but their strengths and weaknesses can make each a better fit for different customer profiles. Let’s dig in. The Payments Giants at a Glance It helps to frame the comparison with scale and performance.

Product 52

Product Payment APIs and Integration Online and Mobile Banking Authorization 52

Clearly Payments

NOVEMBER 6, 2024

Card Networks (Visa, Mastercard, etc.) : Card networks , such as Visa, Mastercard, American Express, and Discover, play a critical role by routing transaction data between acquirers and issuers (cardholders’ banks). credit card market, followed by Mastercard, Discover, and American Express. Nearly 30% of U.S.

Process 105

Process ISOs Credit Cards Online and Mobile Banking 105

Finextra

JULY 13, 2025

trillion, surpassing Visa and Mastercard combined by 7.7% . dollar—are rapidly reshaping the global remittance landscape. FX Stability Pegged to USD, stablecoins offer protection from currency depreciation (e.g., in Sri Lanka or Myanmar). Key Facts & Statistics Transaction volume : In 2024, stablecoin volume hit $27.6

Stablecoins 98

Stablecoins Cross-Border Volume Wire Transfer 98

Stax

APRIL 3, 2025

Interchange-plus pricing – This model includes interchange fees charged by credit card networks like Visa and Mastercard plus a fixed markup. Some providers have fraud liability protection measures like automatic refunds to protect your eCommerce business from fraudulent transactions.

Payment Solutions 88

Payment Solutions Payment APIs and Integration Payment Gateways Gateways 88

Finextra

JUNE 18, 2025

According to the Mastercards 2025 State of Chargebacks report, abuse of chargebacks is a rapidly growing problem, with both merchants and FIs taking a significant hit. banks in danger of getting a red card at 2026 FIFA World Cup 25 March Striking the right balance to combat rising APP fraud in the U.S.

Issuers 52

Issuers Disputes Fraud Prevention Authentication 52

Clearly Payments

MARCH 14, 2025

Visa, Mastercard). Payment Rails Operator Manages infrastructure for card networks (VisaNet, Mastercard Network, etc.). Payment Processor Routes Request : The payment processor sends the transaction request to the appropriate card network (Visa, Mastercard, etc.). Geolocation and behavioral analytics enhance fraud detection.

Credit Cards 52

Credit Cards Transactions PCI DSS Online and Mobile Banking 52

Stax

MARCH 13, 2025

Although these fees go to the issuing bank, the rates are set by card networks like Discover, American Express, Visa , and Mastercard. Card networks must maintain them properly and pay for fraud prevention tech (data encryption, tokenization, real-time tracking, etc.). per transaction. per transaction. per transaction.

Debit Card 88

Debit Card Credit Cards Processors Processing Costs 88

Finextra

JUNE 26, 2025

Home Announcements Identity Experian integrates Mastercard ID verification and fraud prevention tech External This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. " Sponsored [On-Demand Webinar] Can You Have It All?

Fraud Prevention 52

Fraud Prevention Verification Visa Payment APIs and Integration 52

Finextra

JUNE 18, 2025

OnePay selects Flagright for trransaction monitoringg and AML compliance Flagright, the AI-native, no-code platform for transaction monitoring and AML compliance, is delighted to announce OnePay as its newest customer. The partnership highlights OnePay’s commitment to innovation through smarter AI transaction monitoring.

AML 52

AML Compliance Financial Crimes AI 52

Stax

MARCH 18, 2025

Popular card networks include Visa, Mastercard, Discover, and American Express. Encryption and tokenization protect sensitive data from online fraudsters by converting sensitive customer data into an unreadable format to prevent unauthorized users from accessing card numbers.

Process 88

Process Payment APIs and Integration Processors Online and Mobile Banking 88

The Payments Association

JULY 19, 2025

Many smaller PSPs, unencumbered by legacy systems and legacy data providers, are leading the way in fraud prevention by using the most innovative methods to drive down the costs and efficiency of onboarding. Smaller EMIs or those without direct access to the scheme may be especially vulnerable. Read More »

Money Laundering 88

Money Laundering Risk Financial Crimes Due Diligence 88

The Fintech Times

MARCH 12, 2025

Some industry figures hail the move as a necessary step to cut red tape and simplify oversight, while others warn that it could weaken fraud prevention, slow fintech innovation and put payments competition in a precarious position. ” Could the move weaken fraud prevention?

FinTech 59

FinTech Payment APIs and Integration Fraud Prevention Push-to-Card 59

The Paypers

JUNE 10, 2025

Mastercard will provide the payments infrastructure for both products. The general-purpose card will be accepted anywhere Mastercard is used, while the private label card will be limited to Walmart purchases. The cards, one general-purpose and one private label, will be issued by Synchrony and embedded within the OnePay app.

Credit Cards 36

Credit Cards Visa Cybersecurity Issuers 36

Fintech Review

MAY 4, 2025

Alloy A flexible KYC and fraud prevention platform that helps fintechs and banks automate onboarding and monitor customer behaviour in real time. Onfido Offers AI-powered document verification, facial biometrics, and database screening through easy-to-integrate APIs. Best for : Enterprises with stringent regulatory requirements.

Payment APIs and Integration 76

Payment APIs and Integration FinTech Multi-Currency Embedded Finance 76

The Payments Association

JULY 18, 2025

In the UK, the implementation of landmark fraud prevention laws and the expansion of the cryptoasset regulatory perimeter mark a decisive shift towards greater accountability. Next steps/action required: Conduct or update a fraud risk assessment, with documented outputs and regular review cycles.

Regulations 88

Regulations Payments Payment APIs and Integration Legal 88

The Fintech Times

MARCH 14, 2025

The big themes: AI, open banking and fintech’s next moves Beyond the networking and deal-making, FTM 2025 highlighted some of fintechs most pressing trends. “Fraud has never been easier,” said Catherine Porter, chief business officer at Prove. Were seeing an explosion of synthetic identity fraud, Willaert said.

FinTech 59

FinTech Consumer Financial Protection Bureau (CFPB) Fraud Detection AI 59

Fintech Finance

MAY 18, 2025

Its unique Intelligent Payments solution combines Pay by Bank transactions, AI-powered verification, and real-time risk assessment into a seamless, secure experience. Yaspas involvement will strengthen its engagement with policymakers and senior industry figures, reinforcing its commitment to advancing robust fraud prevention measures.

Innovation 52

Innovation Real Time Payments Verification Risk Assessment 52

Stax

DECEMBER 9, 2024

Visa or Mastercard) without having to come face to face with the merchant. Strengthen Fraud Prevention Measures Implement robust fraud detection and prevention systems to minimize the occurrence of fraudulent transactions. However, a high number of chargebacks has significant implications for businesses.

Credit Cards 88

Credit Cards Process Disputes Card Issuer 88

The Paypers

JUNE 11, 2025

A separate but related proposal supported by both Republican and Democratic senators would require large banks to give merchants more options when routing credit card transactions, potentially reducing reliance on Visa and Mastercard.

Stablecoins 36

Stablecoins Financial Crimes Credit Cards Push-to-Card 36

The Fintech Times

APRIL 24, 2024

Mastercard has unveiled a range of AI-powered security solutions and forged industry partnerships with Verizon, NatWest, Entersekt and Global Anti-Scam Alliance in a mission to tackle the rise of scams and impersonation fraud. Verizon and Mastercard share a commitment to helping protect consumers from security threats.

Fraud Prevention 105

Fraud Prevention Visa AI Scams 105

Payments Source

OCTOBER 30, 2020

Mastercard has rolled out a set of AI-powered tools to thwart fraud and data breaches across banks' ecosystems, particularly to benefit acquirers’ online merchants.

Visa 137

Visa AI Data Breach Security 137

Fintech News

SEPTEMBER 16, 2024

Payments giant Mastercard has announced plans to acquire global threat intelligence company Recorded Future for US$2.65 Mastercard aims to strengthen its cybersecurity capabilities with this acquisition as cybercrime costs are projected to reach US$9.2 trillion by 2024.

Visa 113

Visa Acquirers Cybersecurity Fraud Prevention 113

PYMNTS

JULY 8, 2020

Mastercard is harnessing artificial intelligence (AI) in a bid to hit fraudsters hard by searching for emerging patterns of criminal activity before they become major problems, two top executives told Karen Webster during Mastercard’s Virtual Cyber & Risk Summit. “In AI Also Helps Manage Credit Risk.

Visa 109

Visa AI Credit Risk Risk 109

Fintech Finance

MAY 22, 2024

As fraudsters seek new ways to exploit technology, Mastercard is using generative AI to double the speed at which it can detect potentially compromised cards, further protecting cardholders and securing the ecosystem. In doing so it alerts Mastercard to new, complex fraud patterns.

Fraud Detection 97

Fraud Detection Visa AI Technology 97

Finextra

FEBRUARY 13, 2024

In this Predict 2024 episode, Paul Ruggieri, Senior Vice President, Real Time Payments, Product Management, Mastercard, discusses growth opportunities for clearing houses and scheme operators, emphasising the need for standardised communication strategies between operators and payment systems.

ISO 20022 108

ISO 20022 Cross-Border Fraud Prevention ISOs 108

PYMNTS

MARCH 2, 2020

There is a lot of value purchased with those trillions — life-saving treatments and medication among them — but as Beth Griffin, vice president-Healthcare, Cyber & Intelligence, Mastercard , noted in a recent PYMNTS Masterclass interview with Karen Webster, a staggering amount of that money is buying nothing at all. Modifying the System.

AI 86

AI Visa Payer Law Enforcement 86

Trade Credit & Liquidity Management

MAY 27, 2025

Whether it’s the deep historical insight of legacy credit bureaus, the investigative power of big data analytics, or the real-time, AI-driven agility of cloud-native platforms, the tools for fraud prevention are more advanced and more essential than ever.

Fraud Prevention 52

Fraud Prevention Fraud Detection Verification Risk Assessment 52

Payments Source

JULY 9, 2019

Elavon will work with Mastercard and its Brighterion AI unit to battle payment card fraud, the companies said in a Tuesday press release.

Fraud Detection 74

Fraud Detection Visa AI Payments 74

Finextra

OCTOBER 23, 2024

In a conversation ahead of Sibos 2024, Laura Quevedo, Executive Vice President of Financial Crime and Resiliency at Mastercard, highlights the growing threat of financial scams in the digital age, with cybercriminals increasingly using AI to exploit consumers.

Financial Crimes 59

Financial Crimes Crime AI Fraud Detection 59

PYMNTS

APRIL 9, 2019

It’s hard to find fault with one of the latest tests of artificial intelligence (AI). That matters in places such as India, where the AI tech has been deployed, and where a relatively tiny group of eye doctors struggle to serve a massive population. However, the time involved is not ideal when it comes to AI and payments.

AI 77

AI Fraud Prevention Money Laundering AML 77

The Paypers

FEBRUARY 1, 2024

Mastercard has built its own proprietary generative artificial intelligence model to help banks detect and prevent fraudulent transactions.

Fraud Prevention 41

Fraud Prevention Visa AI Transactions 41

PYMNTS

NOVEMBER 18, 2020

Artificial intelligence (AI) is transforming the food service sector by helping restaurants boost their sales as well as improve and automate systems that were once managed by staff. Payment protection platform Verifi has partnered with digital fraud protection firm Kount Inc. Around The Mobile Order-Ahead World.

AI 74

AI Point-of-Sale (POS) Disputes Fraud Prevention 74

The Payments Association

MARCH 10, 2025

A merchant category code (MCC) is a four-digit number assigned to businesses by credit card networks (Visa, Mastercard, American Express, Discover) that classifies the type of products or services they sell. Visa and Mastercard track MCCs for chargeback monitoring and fraud prevention.

Fraud Prevention 88

Fraud Prevention Processors Disputes Compliance 88

Finextra

MARCH 20, 2024

Network International, the leading enabler of digital commerce across the Middle East and Africa, has extended the benefits of Mastercard’s Brighterion fraud prevention solution, powered by artificial intelligence (AI), to over 60,000 merchants.

AI 52

AI Fraud Prevention Visa Acquirers 52

The Payments Association

MAY 7, 2025

As we navigate through 2025, high-risk merchants face a rapidly evolving fraud landscape. From AI-driven scams to rising chargeback rates, the challenges are growing more complex and costly. billion to chargebacks, a figure projected to rise as fraud tactics become more sophisticated. In 2024 alone, businesses lost $8.9

Risk 88

Risk Disputes Debit Card Cross-Border 88

Fintech Finance

MARCH 20, 2024

Network International , the leading enabler of digital commerce across the Middle East and Africa, has extended the benefits of Mastercard’s Brighterion fraud prevention solution, powered by artificial intelligence (AI), to over 60,000 merchants. trillion by 2025.

AI 52

AI Fraud Prevention Visa Fraud Detection 52

The Fintech Times

JUNE 3, 2025

Creating a digital platform that simplifies and accelerates the commercial card enrolment process, Perfios , a global B2B SaaS techfin, and payments giant Mastercard have joined forces to transform commercial card issuance for Small and Medium Enterprises (SMEs) in Middle East and African regions.

Addressing 45

Addressing Visa Commercial Card Fraud Prevention 45