Balancing Merchant and Customer Risk: Managing Fraud in POS Payments

May 7, 2026 at 12:37 PM

Finextra reports Bankart CEO Samo Kumar, speaking at Diebold Nixdorf's Intersect Cannes event, said faster real-time and mobile payments have increased fraud exposure for both merchants and consumers. Kumar noted the industry is moving toward cross-institution collaboration rather than competition on fraud protection. Merchants carry fraud risk on their side of POS transactions, not only consumers.