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

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?

Checks 52

Checks Fraud Prevention Account Takeovers Fraud Detection 52

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

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

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

The Fintech Times

MARCH 18, 2024

The fraud prevention industry is experiencing rapid growth in response to amplified regulatory pressure and increasingly sophisticated threats of online fraud. It has revolutionised convenience for consumers and created new business opportunities, but it has also opened a Pandora’s box of fraud risks.

Fraud Prevention 59

Fraud Prevention AI Fraud Detection Payments 59

Fintech Finance

MAY 30, 2024

Mangopay , a modular and flexible payment infrastructure provider for platforms, today announces the launch of its new Fraud Prevention solution. Platforms can connect to the solution through the Mangopay product ecosystem, meaning they can easily protect themselves against fraud without any additional integration.

Fraud Prevention 52

Fraud Prevention AI Payment APIs and Integration Fraud Detection 52

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

FEBRUARY 15, 2025

The five-day event saw experts from across the financial market come together to discuss and learn about AI-driven financial services, investment platforms, strategic partnerships, fraud prevention and more. Saudi technology provider T2 acquired Moola , a corporate expense management platform.

Innovation 64

Innovation Fraud Prevention AI Compliance 64

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

The Fintech Times

SEPTEMBER 26, 2024

This creates significant challenges for new entrants and startups, as they would need to integrate with each individual bank and merchant acquirer in the market, a complex and time-consuming process that hinders scalability. For example, it can detect transactions occurring in locations different from the customer’s device.

Fraud Prevention 59

Fraud Prevention AI Fraud Detection Card Issuer 59

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

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 97

Account Takeovers Fraud Detection Phishing Fraud Prevention 97

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

APRIL 8, 2025

Acquiring bank – The merchants bank that receives and disburses the funds. Interchange fees cover transaction processing costs, fraud prevention costs, and the risk incurred by the issuing bank if the cardholder fails to pay. Credit card processor – The payment processing company that the merchant partners with.

Credit Cards 88

Credit Cards Process Processors Push-to-Card 88

PYMNTS

JUNE 13, 2019

PYMNTS recently caught up with Joseph Sieczkowski, head of technology architecture and data at The Bank of New York Mellon Corporation (BNY Mellon), to discuss how the financial institution (FI) is using learning technologies and sophisticated algorithms to screen transactions and help detect bad actors. Using Data Science to Combat Fraud.

Fraud Detection 51

Fraud Detection AI Money Laundering Fraud Prevention 51

Clearly Payments

SEPTEMBER 18, 2024

Filing Representments: The chargeback team must then submit compelling evidence to the acquiring bank or card network to counter the chargeback and recover the revenue. Fraud Specialist: The Guardian The fraud specialist identifies fraudulent transactions to reduce chargebacks.

Disputes 105

Disputes Fraud Prevention Payments Credit Cards 105

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

The Payments Association

APRIL 2, 2025

Introduction to VAMP Visa’s Acquirer Monitoring Program (VAMP) is designed to uphold the integrity of the payment ecosystem by consolidating risk monitoring efforts. This consolidation aims to streamline oversight of acquirer and merchant risk, ensuring adherence to high standards of transaction security. Excessive : 0.9%

Disputes 88

Disputes Issuers Compliance Fraud Prevention 88

Finovate

MAY 2, 2024

Permira has acquired a majority stake in behavioral biometrics company BioCatch. based global private equity firm Permira, has acquired a majority stake in the Israel-based company by buying out shares from Bain Capital Tech Opportunities and Maverick Ventures in a secondary transaction. billion, which is up from $1 billion last year.

Acquirers 52

Acquirers Account Takeovers Fraud Detection Fraud Prevention 52

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

Fi911

MARCH 14, 2024

A MID is a unique code assigned to merchants by their acquiring bank or payment processor. The MID is instrumental in the efficient management of transaction data, fraud prevention, and the reconciliation of payments. This code is a key identifier in the processing of credit card transactions.

Due Diligence 104

Due Diligence Processors Fraud Detection Money Laundering 104

Stax

NOVEMBER 14, 2024

They include: the merchant, cardholder, card associations, acquiring bank, issuing bank, and payment processor. These are not banks, but rather governing bodies that set interchange rates, and arbitrate between acquiring and issuing banks. Acquiring Bank: The business’ (i.e., merchant’s) bank.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Payment APIs and Integration 88

PYMNTS

MARCH 19, 2018

These tactics cast a wide net of fraud over the fleet card industry – from issuers and acquirers to fleet managers, employers and employees themselves. These crimes certainly harm corporate spenders, but also expose issuers, acquirers and fuel retailers to security threats.

AI 61

AI Fraud Detection Mitigation Issuers 61

The Fintech Times

AUGUST 17, 2024

Global data and technology company, Experian has acquired NeuroID , the behavioural analytics firm, to expand its fraud risk suite. Empowering businesses NeuroID’s behavioural analytics solutions are available through CrossCore on the Experian Ascend Technology Platform as a key fraud-detection capability.

Risk 59

Risk Fraud Detection Bots Identity Theft 59

Clearly Payments

SEPTEMBER 13, 2024

Multi-Provider Integration: Payment orchestrators integrate with multiple payment service providers (PSPs), gateways, and acquiring banks, allowing merchants to access a broad range of payment methods and currencies. This integration helps businesses expand globally by supporting local payment methods.

Payment APIs and Integration 104

Payment APIs and Integration Multi-Currency Payments Gateways 104

PYMNTS

JUNE 20, 2019

According to the latest Payments 2022 Playbook: Building A High-Performing Payments Team For Fraud Detection , a PYMNTS study in collaboration with Stripe, digital platforms continue to express discontent with their current fraud strategies, and false positives are compromising their brands, customer relationships, and bottom lines.

B2B 73

B2B Fraud Detection Third Party Vendors Payments 73

Clearly Payments

FEBRUARY 14, 2024

From independent sales organizations (ISOs) and payment facilitators (PayFacs) to acquirers, card associations, and beyond, each entity plays a unique role in shaping the payment industry. Yet, they grapple with issues such as fraud prevention and competition from innovative fintech startups. With over 7.2

Payments 104

Payments Value Added Service ISOs BNPL 104

Core

FEBRUARY 6, 2024

The digitization of public financial systems introduces new challenges for online payment fraud prevention. Because public financial systems involve essential funds and taxpayer dollars, dedicated government fraud detection systems are paramount to combat fraud—and ensure government accountability.

Best Practices 52

Best Practices Governance Government Fraud Prevention 52

PYMNTS

SEPTEMBER 14, 2016

Retailers have been conditioned to think that fraud is simply an unavoidable cost of doing business. For many merchants, Reitblat said that the fear of fraud actually causes more harm than the fraud itself. Where the fear of fraud stops, the revenue gain can begin. From Loss Prevention To Revenue Generation.

Fraud Prevention 78

Fraud Prevention Fraud Detection Authorization Blocks 78

Stax

AUGUST 22, 2024

Identity theft, data breaches, and chargeback fraud are some of the most common types of risks. This is why you need robust fraud detection mechanisms and ensure that they are up-to-date. Fraud prevention and detection The first step is to install advanced fraud detection systems in your overall technology infrastructure.

Risk Management 88

Risk Management Risk Regulatory Compliance Due Diligence 88

Stax

AUGUST 29, 2024

The best PSP is the one that provides the right package of payment options for your customer base, adequate fraud detection & prevention tools, scalability, robust customer care services, and charges affordable processing fees. You can easily sign up for the services of a PSP because of the low barrier to entry.

Payment Service Provider (PSP) 88

Payment Service Provider (PSP) Service Provider Payment Gateways Online and Mobile Banking 88

Accertify

JANUARY 16, 2024

Technology Leader in Fraud Prevention to Become Independent Entity Post-Closing MENLO PARK, Calif. 16, 2024 /PRNewswire/ — Accel-KKR, a technology-focused private equity firm, today announced that it has reached an agreement with American Express (NYSE: AXP ) to acquire Accertify, a wholly owned subsidiary.

Acquirers 40

Acquirers Fraud Prevention Advisors Fraud Detection 40

Fintech Finance

FEBRUARY 29, 2024

Socure , the leading provider of artificial intelligence for digital identity verification, sanction screening and fraud prevention, and Trustly , a leading global Open Banking payments provider, today announced an industry-first partnership to offer merchants and fintechs a streamlined onboarding and guaranteed Pay by Bank solution.

Fraud Prevention 52

Fraud Prevention Process FinTech Online and Mobile Banking 52

PYMNTS

NOVEMBER 6, 2019

Fraudsters can fairly easily acquire one or more of the above data points, however, so Affirm backs up its credit report-based authentication by asking certain customers to provide physical identity documents if the lender deems any of the verifying information untrustworthy.

Verification 40

Verification Fraud Prevention Authentication Credit Cards 40

Fintech Finance

MARCH 20, 2024

Network International , the leading enabler of digital commerce across the Middle East and Africa, has extended the benefits of Mastercard’s Brighterion fraud prevention solution, powered by artificial intelligence (AI), to over 60,000 merchants.

AI 52

AI Fraud Prevention Visa Fraud Detection 52