In this episode of the Payments Trilogue, Michael, Gijs, and Ralf discuss the evolving landscape of fraud in the payments industry. They explore the challenges posed by increasingly sophisticated fraud tactics, the importance of cross-sector collaboration in combating fraud, the role of technology and regulation, and the implications of AI in both facilitating and preventing fraud. The conversation highlights the need for a comprehensive approach to fraud prevention that includes data sharing, regulatory support, and technological innovation.