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IndustryUpdate
AI-generated scams claim
62 percent more victims YoY
Sift’s Q2 2025 Digital Trust Index revealed a growing
gap between consumer confidence and vulnerability
to AI-generated fraud, with 27 percent of targeted
individuals falling victim, which is a 62 percent rise
from 2024. Alarmingly, concern over AI fraud has
dropped from 79 percent to 61 percent, despite scams
becoming harder to detect, Sift found. Gen Z and
millennials, though confident, are most frequently
scammed, while older generations show greater cau-
tion. Researchers further found nearly one-third of
respondents admitted to sharing sensitive data with
GenAI tools, exposing both personal and business
risks. Sift urges businesses to counter rising fraud
with AI-powered defenses to secure identity trust
and protect customers across all interactions.
PARTNERSHIPS
Alipay+, Meizu debut smart
glasses-embedded payment solution
Alipay+, under Ant International, said it partnered
with Meizu to launch the world’s first smart glass-
es-embedded e-wallet payment solution outside
China. A successful transaction in Hong Kong using
AlipayHK and Meizu’s StarV Snap glasses marks a
major step in mobile payment innovation, the part-
ners stated. Powered by AI voice interfaces, voice-
print authentication and QR code scanning, users can
make hands-free payments via voice or gesture. The
feature, supported by Meizu’s advanced AR tech,
will roll out globally in 2025. Alipay+ connects 1.7 bluu™ Tab Order is designed to
billion accounts to 100 million merchants, and this
smart glasses integration signals a shift toward next- help restaurants improve efficiency,
generation, seamless wearable-driven commerce reduce labor costs, and boost
experiences, Alipay+ noted. customer experience.
Elavon, Wyndham team up on
Cloud Payment Interface for hotels
Elavon, a U.S. Bank subsidiary and global payment
processor, expanded its partnership with Wyndham
Hotels & Resorts to offer its Cloud Payments Interface
(CPI) to over 6,000 Wyndham franchisees in the
United States and Canada. This cloud-based solution,
Elavon noted, eliminates the need for costly on-site
hardware, enhancing payment security and enabling
faster, touchless check-ins. CPI integrates seamlessly
with property management and reservation systems
while supporting scalable growth and PCI DSS com-
pliance, the partners pointed out, adding that the
collaboration reflects a shared commitment to inno-
vation, operational efficiency and improved guest
experiences, with Elavon providing long-standing,
trusted support.
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