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IndustryUpdate

ANNOUNCEMENTS Casap raises $25M to address
payment disputes with AI
Fleetworthy awarded patent Casap, a provider of AI-powered dispute and fraud
for fleet efficiency technology automation, raised $25 million in Series A funding led by
Emergence Capital, with participation from Lightspeed,
Fleetworthy celebrated its third patent for the Drivewyze Primary and SoFi, bringing total funding to $33.5 mil-
by Fleetworthy weigh station bypass service, marking its lion, Casap stated. The company noted that it addresses
22nd patent overall. Patent 12,327,434 covers innova- outdated, costly dispute processes and rising first-party
tions including dual-mode logic for managing weigh fraud with its intelligent platform, which streamlines the
station bypass and toll payments, user-selectable privacy dispute lifecycle, cutting fraud losses by over 51 percent
controls, customizable notifications and an enhanced for clients while boosting ROI and trust. Casap added
driver interface. Drivewyze by Fleetworthy disrupted that with demand surging, it intends to expand fraud
traditional bypass methods by embedding transpon- scoring, AI decisioning and post-transaction automation,
der-like functionality into ELDs and mobile devices, reshaping financial institutions' operations and strength-
eliminating extra hardware, the Fleetworthy noted. The ening consumer loyalty.
platform also integrates proactive in-cab safety alerts for
rollover zones, slowdowns and low-clearance bridges.
This patent reinforces Fleetworthy's innovation strategy, RESEARCH
advancing AI-driven automation to improve fleet safety,
compliance and efficiency while protecting intellectual FPC studies ISO 20022 in
property, the company added. cross-border, real-time payments
Nacha releases Spanish-language resources The U.S. Faster Payments Council released a new report,
sponsored by Mastercard, showcasing how ISO 20022
Nacha's Payments Innovation Alliance released three is transforming cross-border real-time payments. Titled
new Spanish-language resources to help financial ISO 20022: Data Rich Messaging Advances Top Cross-Border
institutions protect Spanish-speaking consumers from Real-Time Payment Use Cases, the report highlights buyer-
financial scams. Developed by the Alliance's Consumer to-supplier payments, tourism and retail transactions,
Financial Exploitation Project Team, the materials focus and financial inclusion. ISO 20022's structured, stan-
on raising awareness about money mule schemes and dardized data enables faster processing, improved com-
mobile scams. They include an infographic explaining pliance, reduced costs and seamless interoperability, the
how individuals may unknowingly aid fraudsters, a FPC found. Real-world examples include U.S. manufac-
video highlighting the risks of "easy money" and a dis- turers streamlining supplier payments, tourists making
cussion guide offering tips to avoid mobile-based scams. instant FX transactions and entrepreneurs in developing
Designed for easy sharing across digital and branch markets accessing global tools. The report emphasizes
channels, these resources expand access to fraud preven- ISO 20022 as a strategic enabler of innovation, bridging
tion education and support safer financial practices for systems and driving financial inclusion worldwide.
Spanish-speaking communities, Nacha pointed out.
Nuvei expands global money More than half of credit cardholders
movement capabilities
financially unhealthy
Nuvei expanded its global money movement capa- J.D. Power's 2025 U.S. Credit Card Satisfaction Study
bilities to deliver faster, more cost-effective cross-border found that 56 percent of cardholders are financially
payouts, especially in emerging markets where tradi- unhealthy, with 53 percent carrying revolving debt.
tional banking infrastructure causes delays. By lever- Satisfaction rose slightly year-over-year to 611 (on a
aging stablecoin rails on the backend, Nuvei noted, it 1,000-point scale), driven by financially healthy cus-
enables same-day or next-day settlement of fiat directly tomers, especially those with rewards and annual-fee
into recipients' bank accounts, bypassing slow and cards. Financially strained customers reported lower
costly SWIFT transfers. This enhancement complements satisfaction and reduced spending, with greater buy
Nuvei's existing payout options, including bank trans- now, pay later usage. Merchant surcharges hurt satis-
fers, real-time networks, eWallets and cards across 200 faction, prompting many to switch payment methods.
markets and 150 currencies. Supporting use cases like Awareness of issuers' AI use is low, but one-third
intra-company treasury, vendor payments, payroll and of participants in the study expect security benefits.
remittances, the solution also optimizes FX rates, help- American Express ranks highest among issuers. The
ing businesses scale globally with efficiency, transpar- study, based on 37,293 responses, examined satisfaction
ency, and reliability, Nuvei added. factors including account management, rewards and
customer service.

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