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IndustryUpdate

RESEARCH could improve cross-border payments. Developed by
the FPC Cross-Border Payments Work Group in collabo-
ration with the Digital Assets Work Group, the report
Chargeback costs increasingly passed evaluates direct stablecoin transfers and stablecoin-
on to consumers, report finds based settlement models used by financial institutions
and fintechs. It outlines potential benefits, including
The cost of chargebacks and dispute fraud is increasingly faster settlement, lower costs, reduced reliance on corre-
affecting consumer prices, according to Chargebacks911's spondent banking and greater transparency, while also
2026 Chargeback Field Report. Based on merchant surveys addressing implementation challenges such as regula-
in the United States, United Kingdom and other global tory compliance, interoperability, liquidity management
markets, the report found that 38 percent of merchants and integration with legacy systems.
now factor chargeback-related costs into pricing, up
from 32.5 percent in the previous study. The report is available at
https://fasterpaymentscouncil.org/New-Knowledge-Center.
Merchants reported losing more than $4 for every $1
disputed after accounting for fees, lost inventory and House report outlines framework
operational costs. The report also found that 62 percent for combating financial fraud
of merchants have seen dispute volumes increase over
the past three years, with friendly fraud contributing Republican members of the House Financial Services
significantly to the trend. Committee released a report examining the growing
threat of financial fraud and scams and recommending
FPC report examines stablecoins strategies to strengthen prevention efforts. Fighting Back:
for cross-border payments A Policy Framework for Combating the Rise of Financial Fraud
& Scams is the result of a year-long committee inves-
The U.S. Faster Payments Council published a report tigation that included input from banks, social media
examining how GENIUS Act-compliant stablecoins