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NewsBriefs

This article contains summaries of news stories recently posted under Despite benefits, adoption in North America lags due to
Breaking Industry News on our homepage. For links to these and other concerns over added friction and technical complexity.
full news stories, please visit www.greensheet.com/breakingnews.php. EMV 3DS 2.x mitigates this by challenging users only when
necessary. The brief encourages adoption to support better
fraud detection, regulatory alignment and international
commerce readiness. Future installments will address
advanced topics like data-only flows and 3RI transactions.
The series aims to equip merchants and issuers with
actionable insights to strengthen online payment security.
FIS innovates to prevent POS debit card declines

FIS partnered with Letskipp Ltd. (Kipp) to launch a non-
sufficient funds (NSF) authorization solution that allows
debit card issuers to approve low-balance transactions
Genius move strengthens CCCA support without charging overdraft fees. Instead, merchants
Durbin and Roger Marshall moved to attach the CCCA to can choose to pay a premium to authorize transactions,
the GENIUS Act, a bipartisan bill regulating stablecoins. reducing declines at the POS. NSF-related declines
The procedural vote advancing the GENIUS Act passed account for an estimated $300 billion in lost revenue
66 to 32, paving the way for amendments like the CCCA. annually in the United States, often frustrating customers
The act would require major credit card issuers to and harming loyalty.
enable routing transactions over at least two unaffiliated
networks, promoting merchant choice and potentially The new solution offers issuers a way to recover lost revenue
reducing interchange fees. and improve cardholder experience; for merchants, it
reduces abandoned purchases and increases conversion.
Retailers, tribal communities and bipartisan legislators FIS emphasized this innovation as a key to improving
expressed support for the CCCA, seeing it as a way to financial flow between merchants and banks, while
reduce financial strain on businesses and communities. maintaining affordability and flexibility for consumers.
If included, the CCCA could transform card processing The solution, FIS added, supports long-term issuer and
economics. merchant success.
New Visa program advances embedded payments Green Sheet interviews
ParaScript's Emiliano Giacchetti
Visa launched the Commercial Integrated Partners
program to help financial institutions and fintechs embed Check fraud has entered a more dangerous phase,
payment capabilities directly into business applications. according to ParaScript CEO Emiliano Giacchetti, who
The program provides advanced APIs and a ready-to- cited the rise of organized fraud rings using advanced
use ecosystem enabling seamless integration with Visa’s tools. Although fewer checks are written, their average
commercial products. One early partner, Car IQ, allows value is increasing, making each fraudulent transaction
businesses to embed virtual payments for fleet operations more damaging. Financial institutions must move from
without extensive technical development. volume-based to value-based risk models and adopt AI-
driven tools for real-time verification, including signature
Visa highlighted the program’s benefits, including reduced and handwriting analysis, Giacchetti stated.
time to market, pre-integrated fintech partners, enhanced
transaction controls and enriched settlement data. Financial ParaScript’s solutions allow ATM-based fraud detection
institutions can now offer robust payment solutions for ERP using machine-readable embedded signatures, and
systems, expense platforms and vehicle apps, improving AI detects check washing by analyzing handwriting
customer experiences and competitiveness, Visa stated. discrepancies and behavioral patterns. Giacchetti
Built on a global framework, the program is designed to recommended prioritizing fraud prevention and
ensure standardized risk, security, and compliance while adopting explainable, auditable AI systems, adding that
enabling local customization for partners worldwide. as fraud evolves, FIs must build adaptive, data-driven
strategies across all channels to stay ahead of increasingly
U.S. Payments Forum launches EMV 3DS Mini-Series sophisticated threats.
The U.S. Payments Forum launched the EMV 3DS Mini-
Series to educate stakeholders on the EMV 3-D Secure Also find us on Facebook,
protocol, which enhances ecommerce transaction security. LinkedIn & Twitter for the
The series begins with a foundational brief explaining
how EMV 3DS enables secure authentication between most up-to-date stories,
merchants and issuers, supporting PANs and tokens to can’t miss events and newest
reduce fraud, chargebacks and customer drop-off. industry announcements.
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