PCI Launches Payment Card Cybersecurity Effort in the Middle East

The PCI Security Standards Council is expanding its regional efforts into the Middle East to address growing payment-card fraud as digital payments and fintech adoption accelerate; the report highlights regional preferences for digital wallets, rising fraud risk, and the Council’s plans to work with regulators and industry on standards (such as MPoC), cybersecurity education, and anti-fraud technologies—including AI—while noting industry investment and initiatives to detect and prevent payment fraud.