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Visa Set to Roll out New AI-Powered Fraud Prevention Solutions

Fintech News

Visa announced the expansion of its value-added services by introducing three new AI-powered solutions aimed at bolstering fraud and risk prevention. said Antony Cahill, Global Head of Value-Added Services, Visa. said James Mirfin, SVP, Global Head of Risk and Identity Solutions, Visa.

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Visa Bolsters Fraud Prevention Arsenal with Three New AI-Powered Solutions

The Fintech Times

Visa Protect is part of a broad suite of Visa value-added services, which has expanded to include nearly 200 products across five popular categories: acceptance, advisory, issuing, open banking, and protect.

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The FPC in 2021: Much to Celebrate

Faster Payments Council

The 2021 installment of the Study will provide insights into progress and perceptions around faster payments, as well as industry views on value-added services around faster payments and potential future enhancements. Results will officially be released in early 2022. So, yes, we have a lot to celebrate.

FPC
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Visa’s Growing Services Business Infused with New AI-Powered Products

Fintech Finance

Today, Visa (NYSE:V), a leader in digital payments, announced continued expansion of its global value-added services business with the addition of three new AI-powered risk and fraud prevention solutions. Each product will be available to clients starting in the first half of 2024, with varied launch dates by product and market.

AI
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How Faster Payments Can Show Future Of SMB Cash Flow

PYMNTS

It’s this position of SMB accounting technologies that led Float, which recently announced nearly $2 million in seed funding , to take a value-added service approach to cash flow management. That’s thanks to their emergence as a data consolidator, particularly in markets like the U.K.

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Retailers Seek New Digital Places To Meet Consumers As Spending Patterns Change

PYMNTS

As for retailers, he said they’re looking for new ways to meet customers where they are and to offer better value-added services — like BNPL — to draw them in. The whole point is to be able to offer a ubiquitous service to the customer wherever they happen to be, either in a store or online,” Eisen said.

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Payments Rails, Laying New Tracks

PYMNTS

From an ACH networks standpoint, noted Estep, innovation may be “skinny,” but operations are ubiquitous, connecting all the bank accounts in the United States. For Mastercard, “we apply value-added services in milliseconds,” with innovation brought at the application level.