But as consumers open their wallets, they may also be making themselves vulnerable to potential fraud, particularly when shopping at the last minute.
"Procrastination is, quite frankly, one of the keys to success for crooks," said Paul Fabara, chief risk officer at Visa .
But that may be just the first part of a "double whammy," according to Fabara.
AI fraud risks pose a growing threatThis season, new risks tied to artificial intelligence should have consumers on high alert, Fabara said.
Those are: Digital skimming, where credit or payment card information is stolen from online stores.
Persons:
Mark Makela, Paul Fabara, Fabara, you've
Organizations:
Getty, National Retail Federation, Visa, Finance, UBS