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Governments Just Declared War on Fraud. Is Your Payment Stack Ready?
Governments Just Declared War on Fraud. Is Your Payment Stack Ready?
March 2026 | FintechWerx Insights
On March 6, 2026, the Trump Administration did something the payments industry has been waiting years to see: making fraud a part of the national security agenda. The Executive Order on Combating Cybercrime, Fraud, and Predatory Schemes, paired with a new National Cyber Strategy, signals a fundamental shift towards governments initiating industry-wide action.
The numbers prompting the order are staggering, with nearly 20% of US adults having experienced at least one scam in the last five years, encompassing losses of more than $12.5 billion of cyber-enabled fraud,
Canada is on a similar footing, with the Government of Canada launching the Countering Extortion Partnership in February 2026. FINTRAC is now mandated to work alongside Canadian banks, credit unions, and financial service providers to enhance information sharing and combat cross-border financial crime. The threat is continental, and both governments have arrived at the same conclusion: the private sector must be an active participant in the solution.
This is precisely the problem TrustWerx was built to solve. FintechWerx’s integrated fraud, compliance, and identity verification layer provides merchants and payment intermediaries with the tools regulators are now demanding: real-time adaptive risk scoring, integrated chargeback management, biometric identity verification, and PCI-DSS/GDPR compliance frameworks embedded by default, not bolted on after the fact.
Governments have officially declared war on fraud, and industry is being called to the front line. TrustWerx is the ideal weapon for such a deployment.
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