Stripe's Radar now offers fraud protection for ACH and SEPA payments, addressing the rise in non-card payment methods which have unique fraud challenges. The new AI models help businesses block risky transactions while maintaining a low false positive rate, allowing for a more secure adoption of these payment methods. Existing users benefit from this enhancement automatically, with plans to expand support for additional payment methods in the future.

Payments processors are advocating for the unregulated use of artificial intelligence to combat rising fraud, as the technology becomes essential in identifying and preventing fraudulent transactions. The American Transaction Processors Coalition warns that state-level regulations could hinder their efforts, while Congress debates the implications of AI regulation amid growing concerns over payment scams.