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Cyber Threats Surge in India’s Financial Sector

Fintech News

These chatbots leverage AI with natural language processing (NLP) capabilities to engage potential victims in seemingly benign conversations, subtly extracting credentials or sensitive data over time. The surge of deepfakes The rise of AI has also led to a surge in deepfake attacks. Losses are projected to reach INR 700 billion (US$8.3

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Singapore Reports S$1.2 Million in Losses from Phishing Scams Targeting Mobile Wallets

Fintech News

This allows scammers to fraudulently provision stolen card credentials onto their mobile wallets for unauthorised contactless transactions. Banks are introducing stricter card provisioning security measures, including in-app controls and digital token authentication, which will be fully implemented by July 2025.

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Tokenisation 2.0: Are we ready for the next generation of payment security?

The Payments Association

Antony Lane, sales account manager at G+D , corroborates this, stating G+D increasingly uses tokenisation to improve in-app provisioning, simplify lifecycle credential management, and personalise user journeys across devices and channels. As a result, tokenisation is becoming essential for maintaining trust and fluidity.

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Viking Outdoor Footwear tests item-level QR codes for digital product passports

NFCW

DPP TRIAL: Viking product labels will include QR codes that link to item and sustainability information Customers of Norwegian footwear brand Viking Outdoor Footwear will soon be able to scan a unique QR code on individual products to discover an items sustainability credentials as part of a trial of digital product passports (DPPs).

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The Future is Here: Visa Asia Pacific Announces New Era of AI-Driven Commerce

Fintech Finance

billion credentials at millions of merchant locations worldwide T.R. On and off-ramps via stablecoin-backed cards allow consumers to use their Visa credentials to buy stablecoins with fiat currency and pay with stablecoin across Visa-accepting merchant locations.

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One Tap to Pay, Three Steps to Bank: Why Your Smartphone Gets You, But Your Bank Still Doesn’t

Fintech Finance

Banks commonly rely instead on outdated authentication methods like PINs, passwords, and repetitive verification steps, for even the simplest transactions. The disconnect between everyday smartphone verification and banking authentication is becoming harder to justify as payment technology and regulation advance.

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New Skyfire Solution Enables AI Agents to Authenticate Themselves as Genuine Paying Customers

The Fintech Times

With the number of AI agents quickly growing, now generating over half of all online traffic, Skyfire has launched the Agent Checkout, to enable agents to authenticate themselves and ensure businesses can accept verified agents as genuine paying customers.