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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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