Clearly Payments

NOVEMBER 13, 2024

BINs help payment processors , acquiring banks, and card networks verify the legitimacy of a transaction, match it to the correct bank or financial institution, and ensure funds are available. Security and Fraud Detection : The BIN can provide valuable data points that help prevent fraud.

Process 104

Process Processors Payments Compliance 104

CB Insights

MAY 18, 2021

Payments giant Stripe has acquired Bouncer, a card-scanning and authentication solution, for an undisclosed amount. The company’s team and technology will be integrated into Stripe Radar, its anti-fraud platform. Stripe recently acquired a cloud-based tax services provider, TaxJar. WHO ARE THE PARTIES TO THE DEAL?

Fraud Detection 74

Fraud Detection Authentication Acquirers Risk Assessment 74

Finovate

JANUARY 28, 2025

Austin, Texas-based regtech Abrigo has acquired Integrated Financial Solutions (IFS). Abrigo , a compliance, credit risk, and lending solutions provider for financial institutions, has acquired Integrated Financial Solutions (IFS). Terms of the transaction were not disclosed. Terms were not disclosed.

Acquirers 52

Acquirers Fraud Detection Origination Automation 52

Fintech Finance

SEPTEMBER 26, 2024

Visa (NYSE: V) today announced it has signed a definitive agreement to acquire Featurespace , a developer of real-time artificial intelligence (AI) payments protection technology that prevents and mitigates payments fraud and financial crime risks. The post Visa to Acquire Featurespace appeared first on FF News | Fintech Finance.

Acquirers 98

Acquirers Financial Crimes Fraud Detection Crime 98

Stax

APRIL 3, 2025

Its the third-party service that serves as the link between the payment gateway, acquiring bank, and issuing bank or card network. Acquiring bank – Acts as the link between the merchant and the issuing bank. While the acquiring bank is the merchants bank, the issuing bank is the customers bank.

Payment Solutions 88

Payment Solutions Payment APIs and Integration Payment Gateways Gateways 88

Finovate

DECEMBER 11, 2024

LexisNexis Risk Solutions has signed an agreement to acquire document authentication and fraud detection solutions provider IDVerse. The acquisition will enhance LexisNexis Risk Solutions’ ability to combat emerging threats such as AI-generated fraud and deepfakes. Terms were not disclosed.

Risk 52

Risk Acquirers Deepfake Fraud Detection 52

The Payments Association

FEBRUARY 3, 2025

By integrating real-time data sharing, artificial intelligence, and advanced fraud detection tools, avoided.io Real-time fraud detection and prevention: Avoided.io leverages advanced fraud detection technology to identify suspicious transactions in real-time. Avoided.io

Fraud Prevention 100

Fraud Prevention Disputes Fraud Detection Card Network Rules 100

The Payments Association

JANUARY 3, 2025

A roundtable discussion among merchants addressing the evolving challenges of fraud in their operations across various sectors. It highlights the necessity of advanced fraud detection and greater industry collaboration. Improving regulations, using technology for detection, and fostering industry-wide cooperation.

Fraud Detection 88

Fraud Detection Fraud Prevention Participant Financial Crimes 88

The Fintech Times

DECEMBER 10, 2024

AI-powered automated document authentication and fraud detection solutions provider, IDVerse is set to be acquired by data and analytics platform, LexisNexis Risk Solutions and become a part of LexisNexis Risk Solutions Business Services to combat AI-generated fraud. The terms of the transaction have not been disclosed.

AI 64

AI Risk Acquirers Deepfake 64

Clearly Payments

MARCH 14, 2025

Acquiring Bank The acquiring bank processes the transaction on behalf of the merchant. Payment Processor Facilitates communication between acquiring and issuing banks. Card Network Facilitates Clearing : The acquiring bank forwards the transactions to the respective card networks, which route them to the issuing banks.

Credit Cards 52

Credit Cards Transactions PCI DSS Online and Mobile Banking 52

The Fintech Times

DECEMBER 9, 2024

Aevi s approach, enabling businesses to work with multiple acquiring partners through orchestration, not only enhances resilience but delivers substantial cost-saving benefits. “Aevi is a leader in this rapidly growing field, offering centralised, multi-acquirer orchestration for both online and in-person payments.

Payment APIs and Integration 102

Payment APIs and Integration Online and Mobile Banking AI Financial Inclusion 102

Stax

MARCH 18, 2025

A typical payment processing procedure involves multiple parties, including the merchant, customer, payment processor, payment gateway, issuing bank, acquiring bank, and card networks. The processor facilitates the transaction by communicating with the payment gateway, issuing bank, and acquiring bank.

Process 88

Process Payment APIs and Integration Processors Online and Mobile Banking 88

FICO

DECEMBER 12, 2022

Network International & FICO Bring MEA Enterprise Fraud Detection. With FICO Falcon Fraud Manager, Network International uses AI and machine learning technology to score transactions across a rapidly expanding array of payment options. The Need for Enterprise-Level Fraud Detection. FICO Admin.

Fraud Detection 52

Fraud Detection AI Fraud Prevention Non-Bank 52

Stax

MARCH 11, 2025

The acquiring bank : the is the financial institution that issued the merchant account and receives the funds from the transaction into that merchant account until the payout date. Assessment fees : this fee is paid by the acquiring bank (your merchant account provider) to the relevant card network to finance its related operational expenses.

Online Payment Processing 88

Online Payment Processing Process Payment Gateways Online and Mobile Banking 88

Finovate

SEPTEMBER 26, 2024

Visa is acquiring fraud prevention company Featurespace to enhance its own fraud detection and risk-scoring solutions. Visa signed an agreement to acquire fraud prevention company Featurespace today. based company offers AI-based tools that analyze transaction data to detect fraud. .

Acquirers 64

Acquirers Fraud Detection Fraud Prevention Debit Card 64

Finovate

AUGUST 7, 2024

Pluto acquired by Robinhood Robinhood , a commission-free trading platform that aims to democratize finance acquired Pluto , a fintech startup focused on personalized financial planning and investment tools. That may be one reason why we are seeing a growth in deal numbers. Deal Details : Financial terms were not disclosed.

FinTech 98

FinTech Fraud Detection Acquirers AI 98

Payments Source

OCTOBER 27, 2016

When Early Warning acquired clearXchange—soon to be renamed Zelle—late last year, the acquisition was applauded by banks that make up the P-to-P payments network because it brought Early Warning's various fraud detection technologies into play.

Zelle 90

Zelle Fraud Detection Security Payment Networks 90

PYMNTS

JUNE 13, 2019

The bank implemented a data-based fraud detection initiative in 2018 to help combat this problem with false positives. Fraud is like looking for needles in a haystack,” Sieczkowski explained. BNY Mellon opened an innovation center in Palo Alto, California in 2014 to acquire talented employees for its team. It helps.”.

Fraud Detection 51

Fraud Detection AI Money Laundering Fraud Prevention 51

Finextra

DECEMBER 10, 2024

LexisNexis Risk Solutions, part of RELX, has entered into an agreement to acquire IDVerse, a provider of AI-powered automated document authentication and fraud detection solutions.

Acquirers 52

Acquirers Risk Fraud Detection Agreements 52

Fi911

DECEMBER 3, 2024

Acquiring banks must rely on a robust array of tools to deter fraudulent activity. One vital tool that should be in every merchant’s arsenal is the velocity check, also known as velocity control, a precise and dynamic fraud prevention measure. The post What are Velocity Checks? appeared first on fi911blog.

Checks 52

Checks Fraud Prevention Account Takeovers Fraud Detection 52

PYMNTS

DECEMBER 7, 2016

And it’s that push toward forward evolution that leads to this week’s big news — American Express has acquired InAuth, Inc. InAuth makes the fraud detection process invisible by simply checking in with whatever device a customer is using in a transaction.

Acquirers 90

Acquirers Online and Mobile Banking Zelle Push-to-Card 90

The Paypers

NOVEMBER 29, 2022

Payment solution provider MANGOPAY has announced the acquisition of AI fraud detection and prevention company Nethone to offer marketplaces anti-fraud solutions.

Fraud Detection 69

Fraud Detection Acquirers AI Payment Solutions 69

The Fintech Times

DECEMBER 14, 2023

Cross-border payments consultancy FYST has revealed the biggest trends in acquiring, including how the sector is tapping into artificial intelligence to boost fraud detection and optimise payment authorisation. For card acquiring specifically, the volume of transactions grew at 23 per cent over the same period.

Acquirers 59

Acquirers PCI DSS Fraud Detection Cross-Border 59

Fintech Review

MARCH 31, 2025

New York City, New York, April 1st, 2025, FinanceWire Feedzai , the world’s first end-to-end financial crime prevention platform, today announced a partnership with Highnote , an innovative fintech leader, to support the launch of Highnotes new acquiring business line. For more information, users can visit feedzai.com.

Fraud Prevention 52

Fraud Prevention Acquirers AI Financial Crimes 52

Fintech News

JANUARY 21, 2025

Digital innovation played a key role in the banks success, with over 55% of new customers in 2024 acquired through digital channels. These AI applications also played a vital role in fraud detection, improving the banks ability to identify and mitigate risks effectively. E-banking transaction volumes surged by 51.1%

Fraud Detection 120

Fraud Detection Non-Bank Mitigation AI 120

Stax

DECEMBER 9, 2024

Strengthen Fraud Prevention Measures Implement robust fraud detection and prevention systems to minimize the occurrence of fraudulent transactions. Use address verification, CVV checks, and fraud scoring models to identify potentially fraudulent orders. Most chargeback fees vary from $20-$100.

Credit Cards 88

Credit Cards Process Disputes Card Issuer 88

Payments Source

MAY 25, 2021

(..)

Acquirers 137

Acquirers Fraud Detection 137

The Paypers

SEPTEMBER 15, 2021

TransUnion , a US-based financial information platform, has acquired identity resolution company Neustar to expand its digital identity capabilities.

Fraud Detection 42

Fraud Detection Acquirers 42

Stax

APRIL 8, 2025

Acquiring bank – The merchants bank that receives and disburses the funds. PCI compliance fee – This fee is usually charged by the payment processor or acquiring bank to ensure the business follows Payment Card Industry Data Security Standard ( PCI DSS ) requirements to protect customer data.

Credit Cards 88

Credit Cards Process Processors Push-to-Card 88

Fintech Finance

DECEMBER 12, 2023

FYST , the one-stop payments consultancy for ecommerce businesses, has today launched its Acquiring Matters report. It reveals the biggest trends in acquiring, including how the sector is harnessing artificial intelligence to boost fraud detection and optimise payment authorisation.

Consulting 52

Consulting Acquirers Fraud Detection Payments 52

Fi911

JULY 8, 2024

This makes it imperative for businesses to stay ahead with robust fraud detection and prevention strategies. Acquiring banks have a vested interest in helping their merchant clients stop eCommerce fraud, as it directly impacts the financial stability and reputation of both parties.

Account Takeovers 94

Account Takeovers Fraud Detection Phishing Fraud Prevention 94

The Payments Association

NOVEMBER 20, 2024

Why are AI tools especially effective at fighting fraud? The technology is gaining traction because these tools excel at fraud detection in several ways. First, AI tools have much higher throughput than manual or non-software-based detection methods. For example, say you have an AI fraud solution configured to parse text.

AI 88

AI Fraud Detection Identity Theft Account Takeovers 88

The Fintech Times

FEBRUARY 15, 2025

Saudi technology provider T2 acquired Moola , a corporate expense management platform. Other announcements Mozn unveiled new AI-powered fraud prevention tools as part of its FOCAL Risk and Compliance platform.

Innovation 64

Innovation Fraud Prevention AI Compliance 64

Tearsheet

FEBRUARY 20, 2025

To build a modern infrastructure that underpins the broader institution, JPM acquired payments fintech Renovite Technologies in 2022. The banks differentiator, however, lies in its self-built global payments infrastructure, backed by internal merchant acquiring, FX services, and direct access to local clearing networks.

Payment APIs and Integration 64

Payment APIs and Integration FinTech Embedded Finance Payments 64

Payments Source

OCTOBER 30, 2020

Mastercard has rolled out a set of AI-powered tools to thwart fraud and data breaches across banks' ecosystems, particularly to benefit acquirers’ online merchants.

Visa 137

Visa AI Data Breach Security 137

The Fintech Times

JANUARY 20, 2025

protocol is designed to support issuers, acquirers, and merchants in reducing fraud and improving transaction approval rates. Smarter insights: Firms can gain access to detailed transaction data, recurring payment information, and token data for efficient fraud detection and accurate processing. ” EMV 3DS 2.3.1.1

EMV 59

EMV Payment APIs and Integration Authentication Processors 59

The Paypers

JANUARY 14, 2025

Chainalysis has acquired Alterya , an AI-powered fraud detection solution, aiming to double down on its strategy to invest in the prevention of illicit transactions.

Acquirers 36

Acquirers Fraud Detection AI Transactions 36