EddieJayonCrypto
8 May 25
Stripe announced a new AI foundation model for payments, enhancing fraud detection accuracy and launching tools like Orchestration for managing multiple payment processors and Authorization Boost to improve transaction success. The company also expanded stablecoin integration with Stablecoin Financi...
Stripe has launched the world’s first AI foundation model for payments, significantly enhancing fraud detection and introducing innovative tools such as Orchestration and Smart Disputes.At its annual Sessions conference, Stripe unveiled over 60 product updates, including the AI foundation model trained on tens of billions of transaction data points, which boosted fraud detection accuracy for card-testing attacks from 59% to 97% among major users.Stripe’s new Orchestration tool allows businesses to manage multiple payment processors seamlessly through a single interface, while the Optimized Checkout Suite now supports over 125 global payment methods and offers one-click Klarna integration.Authorization Boost, another AI-powered feature, dynamically updates cards and retries failed payments to improve transaction success.Stripe also expanded its stablecoin integration by introducing Stablecoin Financial Accounts, enabling users in over 100 countries to hold, send, and receive stablecoins via both fiat and crypto rails. The company plans to launch a USDC-denominated Visa card, which will allow real-time crypto-linked spending.Additional updates include advanced issuing rules supporting consumer credit cards, expanded global payouts to 58 countries using just an email address, real-time revenue recognition, localized pricing APIs, and enhanced embedded finance capabilities, allowing platforms to extend financing beyond Stripe’s ecosystem using third-party data integrations.Upcoming features teased at the event include Smart Disputes, Stripe Profiles, and Stripe Verified, reinforcing Stripe’s role as a critical financial infrastructure provider for internet businesses.These advancements follow Stripe’s $1.1 billion acquisition of Bridge, underscoring its commitment to integrating AI and stablecoins into the payments landscape for improved security and flexibility.