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Cyber Threats Surge in India’s Financial Sector

Fintech News

Financial phishing refers to cyberattacks that target users of online banking, payment systems, and e-commerce platforms, aiming to steal sensitive financial data. These attacks often involve fraudulent communication, where cybercriminals impersonate legitimate institutions like banks, payment providers, or even well-known online retailers.

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

The Payments Association

Once a system for masking sensitive data, tokenisation has evolved into a foundational technology for enabling secure, interoperable, and scalable digital payments. However, with its growing role comes increasing complexity, particularly in terms of integration, regulation, and the architecture of future payment flows.

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The digital wallet revolution: navigating Europe’s payment future

The Payments Association

As digital payments continue to evolve across Europe, the landscape for digital wallets is undergoing a significant transformation. In addition to payments, many consumers are beginning to expect features such as digital identification, authentication, and integration with public or private services.

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How tokenisation has reshaped the future of payments

The Payments Association

The cards seven-decade journey from manual imprinters to contactless payments has embodied a constant balancing act between security imperatives and consumer convenience. The evolution represents more than enhanced security protocols, it constitutes a complete reimaging of payment credential architecture.

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

The Fintech Times

Skyfire , the payment network built for the AI Agent economy, has launched Agent Checkout, built on top of KYAPay, an open protocol that turns AI agents into full participants in the digital economy. Despite breakthroughs like MCP and A2A, agents still need humans to manually hand them credentials for access.

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

Fintech Finance

Jack Forestell, Visa’s Chief Product and Strategy Officer said , “Combining the strength of our global network with our leadership in payment innovation here in Asia Pacific, we are bringing new products and solutions that will transform commerce and deliver trust and security to AI-enabled payments across the region.”

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