IBM Safer Payments MCP is introduced as a standalone preview capability that enables customers and partners to connect agentic AI with existing Safer Payments deployments. This is offered without additional cost or platform changes for existing IBM Safer Payments deployments. At this stage, MCP provides the secure server-side foundation for agentic workflows, with hands-on demos and additional enablement planned for future releases.
This capability provides the foundation for accelerating detection, investigation, and response while maintaining the accuracy, transparency, and control required in regulated payment environments. MCP-compatible AI agents are no longer limited to a single system and can operate across trusted data sources while remaining governed and auditable.
In addition to querying IBM Safer Payments for real-time fraud intelligence, agents can correlate insights with…
This remains the most prevalent form of financial crime globally. It targets the direct access points to your money: your cards and your bank accounts.
- Skimming: Criminals use small devices called “skimmers” placed over ATM or point-of-sale card slots to capture the data from your card’s magnetic strip.
- Card-Not-Present (CNP) Fraud: This occurs during online shopping where a physical card isn’t required. Thieves use stolen card numbers, expiry dates, and CVV codes to make unauthorized purchases.
- Account Takeover (ATO): A hacker gains access to your online banking credentials (often through malware or phishing) and changes the contact details or passwords, locking you out while they drain your funds.