Visa is set to implement a new fraud prevention and dispute management program, called Vamp, which will place more responsibility on merchants and their banks to combat fraud starting October 1. The program consolidates previous initiatives and introduces compliance standards that could lead to new fees and fines for merchants based on their fraud management performance. This shift aims to address rising fraud rates in digital transactions, particularly as friendly fraud disputes increase significantly.

Mastercard is launching a comprehensive infrastructure to facilitate stablecoin transactions, partnering with companies like OKX and Nuvei to enable seamless spending for consumers and flexible acceptance for merchants. This initiative aims to overcome barriers to stablecoin adoption, enhance payment options, and simplify cross-border remittances through innovative technologies.

The article explores the concept of agentic commerce, which posits that traditional apps are becoming obsolete as AI and conversational interfaces take over, streamlining the user experience. It discusses how this shift will fundamentally change payments and merchant interactions, emphasizing the need for businesses to adapt to AI-driven recommendations and new payment models.