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 Fintech Times

DECEMBER 9, 2024

For instance, AI will redefine fintech by enhancing personalised customer experiences, improving fraud detection and credit scoring, automating operations, and fostering financial inclusion through cost-effective digital banking solutions. Can you share any winning and losing strategies in the payments space from this year?

Payment APIs and Integration 102

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

EBizCharge

MARCH 18, 2025

Some top reasons to process credit cards in Sage 100 include better payment security, efficiency and automation, faster payment processing, and real-time reporting and insights. A secure payment processing provider for Sage 100 will also give merchants access to fraud detection and prevention tools, 3D Secure, chargeback management, and more.

Credit Cards 52

Credit Cards Process Security Data Breach 52

M2P Fintech

MARCH 24, 2025

Today, adoption of digital solutions streamlined many aspects of the lending ecosystem, from automation of routine tasks to digitalization of verifications, significantly reducing approval times. For instance, the increase in use of digital and automated processes is likely to continue. With the market projected to soar to $ 71.8

Payment APIs and Integration 52

Payment APIs and Integration Blockchain Regulatory Compliance Compliance 52

Segpay

FEBRUARY 21, 2024

Generative AI in Digital Payments: Enhanced Fraud Detection: Generative AI improves the security of digital payments by enhancing fraud detection mechanisms. This makes real-time detection and prevention possible. Fraud Detection Generative AI contributes to fraud detection and prevention in KYC processes.

AI 105

AI Innovation Fraud Detection Encryption 105

Stax

AUGUST 22, 2024

PayFacs handle risk assessment, underwriting, settling of funds, compliance, and chargebacks which exposes them to greater potential risks. Major risk factors for PayFacs include fraudulent transactions, merchant credit risk, regulatory compliance, and operational risks.

Risk Management 88

Risk Management Risk Regulatory Compliance Due Diligence 88

Finovate

DECEMBER 11, 2024

Agentic AI, however, has its own role to play , especially in wealth management and back office automation. Regtech The ongoing fallout from the Synapse failure has created a renewed focus on regulatory compliance.

FinTech 59

FinTech Stablecoins Cross-Border BNPL 59

Nanonets

AUGUST 16, 2024

But insurance claim automation is paving the way for faster, more accurate, and more customer-friendly experiences. This article explores the impact of automation on the claims landscape, whether you're an insurer looking to streamline operations or a policyholder seeking quicker resolutions. What is claims process automation?

Automation 52

Automation Process Fraud Detection Payment APIs and Integration 52

The Fintech Times

FEBRUARY 28, 2025

While work on standardisation and regulatory compliance is important, it is just one piece of a complex puzzle that includes many stakeholders. With multiple stages covering topics from AI-driven banking to regulatory risk management, attendees could tailor their experience based on their professional interests.

Embedded Finance 64

Embedded Finance AI Compliance Multi-Currency 64

Nanonets

DECEMBER 13, 2023

Integrating AI and automation into the underwriting workflow presents a significant opportunity to minimize the time allocated to administrative tasks, manual processes, and repetitive data entries. This automation significantly diminishes reliance on manual data entry, a source of potential errors during transcription and input.

AI 102

AI Process Fraud Detection Compliance 102

EBizCharge

MARCH 31, 2025

By centralizing data and automating workflows, Sage ERP enhances efficiency, improves decision-making, and supports business growth. A merchant services provider helps businesses process payments like debit and credit cards, Automated Clearing House (ACH)/eChecks, and other online transactions. What is a merchant services provider?

Service Provider 52

Service Provider MSPS Payment Gateways Gateways 52

Fintech Finance

AUGUST 2, 2024

ComplyTek introduces an advanced transaction screening solution for instant payments , designed to ensure compliance and mitigate fraud within the critical 10-second processing window. Leveraging machine learning and AI, the platform offers comprehensive monitoring and fraud detection capabilities. Faisal I. ,

Instant Payments 94

Instant Payments Transactions Payment APIs and Integration Compliance 94

Nanonets

JANUARY 12, 2024

However, with the rapid growth in the insurance sector, the industry has reached a point where growth can only be achieved through insurance automation. Automation can make all of these workflows more efficient and error-free. Automate manual processes using Nanonet's AI-based OCR software. billion by 2026.

Use Case 59

Use Case Automation Procedures Compliance 59

Nanonets

MAY 31, 2023

Technologies such as machine learning and natural language processing have revolutionized the finance function by automating and streamlining various financial procedures. According to Insider Intelligence , automating financial tasks with AI has the potential to save North American banks $70 billion by 2025.

AI 122

AI Finance Fraud Detection Mitigation 122

Fintech News

APRIL 28, 2024

Technologies such as cloud computing, AI/ML and automation allow banks to do that, enabling them to better understand customer needs, preferences, and behaviors to offer tailored services and solutions. Financial crime continues to evolve at a fast pace as fraudsters tap more sophisticated and advanced methods to circumvent detection.

AI 111

AI Innovation Financial Crimes Crime 111

Finovate

MARCH 13, 2024

The integration will bring automated crypto transaction monitoring and secure data storage, as well as ensure regulatory compliance. This will enhance regulatory compliance and secure data storage, as well as provide automated crypto transaction monitoring for Chainalysis’ clients.

Verification 59

Verification Blockchain Travel Rule Regulatory Compliance 59

Clearly Payments

SEPTEMBER 13, 2024

Fraud Prevention and Security: Many payment orchestrators incorporate advanced fraud detection tools , leveraging machine learning and AI to identify and prevent fraudulent activities. They also ensure compliance with industry standards like PCI DSS.

Payment APIs and Integration 104

Payment APIs and Integration Multi-Currency Payments Gateways 104

Nanonets

APRIL 5, 2023

The answer lies in automating steps in the lending process. Automation enables lenders to conduct more stringent credit checks, income verification, and other critical verifications to ensure that only qualified borrowers are approved. This is where automation can be a game-changer!

Automation 52

Automation Process Risk Assessment Assessments 52

The Fintech Times

APRIL 30, 2024

Even our customer support will morph into augmented advisors, enabling the easy and automated utility switching to more suited providers.” For example, AI can be used to analyse activity to automate the prevention of fraudulent activity. “Data collection is essential to the rapidly evolving AI market.

Embedded Finance 109

Embedded Finance Finance Innovation AI 109

Fintech Review

FEBRUARY 11, 2025

AIs Strengths in Fintech AI revolutionises financial services by automating complex tasks. Machine learning algorithms detect fraud, assess risks, and optimise trading strategies. Regulatory compliance also poses challenges. AI-driven chatbots enhance customer service by providing real-time responses.

AI 66

AI FinTech Risk Assessment Assessments 66

M2P Fintech

JANUARY 31, 2024

LMS and LOS Module Loan Management System (LMS) automates and streamlines the whole loan process, from application to repayment, including customer information, propositions, and collections. Fraud Detection Module Fraud Detection Module benefits FIs by preventing illegal or destructive activities before they occur.

Fraud Detection 59

Fraud Detection CRM Regulatory Compliance Compliance 59

The Payments Association

OCTOBER 3, 2024

Obsolete legacy systems, often laden with manual processes and fragmented data silos, need to be replaced with integrated platforms that automate workflows and provide real-time data access. Implementing advanced data management solutions enables seamless data integration and real-time analytics and ensures regulatory compliance.

Payment APIs and Integration 88

Payment APIs and Integration Online and Mobile Banking On-Demand Process 88

M2P Fintech

DECEMBER 17, 2024

This system supports multiple settlement cycles, automated dispute processing, and detailed reporting, enhancing overall merchant operations and financial management. Dispute Management Automated dispute processing streamlines workflows for efficient case management.

Fraud Detection 52

Fraud Detection PCI DSS Disputes Settlement 52

The Fintech Times

MARCH 18, 2024

Investing in advanced solutions that can navigate the evolving regulatory landscape and protect against increasingly sophisticated tactics has become more critical than ever. These algorithms learn from historical trends and predict potential fraud risks before they even happen.

Fraud Prevention 59

Fraud Prevention AI Fraud Detection Payments 59

The Payments Association

APRIL 7, 2025

It underscores the critical need for advanced technologies, regulatory compliance, and comprehensive strategies to effectively combat financial crime and safeguard the financial ecosystem What’s next? Why is it important? Technological Investments Firms are investing heavily in advanced technologies to combat financial crime.

Financial Crimes 88

Financial Crimes Crime Fraud Prevention AML 88

Fintech News

JULY 4, 2024

In payments, AI-powered systems can enhance fraud detection and streamline cross-border transactions, potentially revitalising correspondent banking relationships that have dwindled due to regulatory pressures. This could help address the decline in correspondent banking relationships, a concern highlighted in the BIS report.

Central Bank 102

Central Bank AI Correspondent Bank Correspondent 102

M2P Fintech

JANUARY 21, 2025

In order to achieve the above, the LOS must feature automated workflows to reduce manual tasks, seamless data integration with existing systems, compliance tools for regulatory adherence, and multi-channel support to engage borrowers across platforms.

Origination 52

Origination Payment APIs and Integration Underwriting Automation 52

PYMNTS

FEBRUARY 6, 2017

Bottomline Technologies assists its customers with domestic and international payments, effective cash management tools, automated workflows for payment processing and bill review, as well as fraud detection, behavioral analytics and regulatory compliance.

Faster Payments 46

Faster Payments Payment Networks Fraud Detection Regulatory Compliance 46

Nanonets

SEPTEMBER 27, 2024

The need for automation in the insurance industry is more pressing than ever. According to a recent study by Datos Insights , the insurance industry lags in terms of digitisation, with only 20% automation in underwriting and less than 3% automation in claims processing across sectors. So, let’s get started.

Process 52

Process Underwriting Automation Database 52

FICO

MARCH 6, 2020

With the acquisition of Tonbeller in 2015, FICO expanded its fraud portfolio and moved into the growing market for financial crime and compliance solutions to bring the benefits of advanced analytics to a field dominated by rule-based systems. Compliance, is not just a toolset. It is also a mindset.

Financial Crimes 81

Financial Crimes Crime Compliance Technology 81

Nanonets

FEBRUARY 12, 2024

Enhanced Fraud Detection AI emerges as a formidable ally in the perpetual cat-and-mouse game with fraudsters. Machine learning algorithms can detect subtle anomalies and irregularities in data patterns, signaling potential fraudulent activities.

AI 52

AI Fraud Detection Regulatory Compliance Automation 52

Seon

JULY 10, 2024

While both types of monitoring aim to protect businesses and their customers, fraud transaction monitoring focuses more on identifying and preventing criminal activities. In contrast, payment transaction monitoring ensures regulatory compliance and the proper processing of legitimate transactions.

Transactions 52

Transactions Fraud Prevention Regulatory Compliance Payments 52

Seon

SEPTEMBER 20, 2024

The Changing Face of Fraud In what many describe as an “unpredictable era,” lenders are collectively challenged to stay ahead of increasingly sophisticated fraudsters. The rise of artificial intelligence (AI), machine learning (ML) and automation have all added new layers of complexity to fraud prevention at an unprecedented scale.

Risk 52

Risk Fraud Prevention Risk Management Deepfake 52

EBizCharge

JULY 16, 2024

Navigating electronic payments requires a thorough understanding of compliance standards set forth by governing bodies such as the National Automated Clearing House Association (NACHA) network. Each SEC code has its defined usage, ensuring the correct handling of electronic transactions and aiding in fraud detection.

NACHA 52

NACHA Nacha Rules ACH Network ACH 52

Nanonets

APRIL 15, 2024

Integrate Nanonets Reconcile financial statements in minutes Try for Free This article presents the importance of bank reconciliation statements and provides insights into the benefits of automation in the generation of bank reconciliation statements.  

Reconciliation 52

Reconciliation Adjustments Correspondent Checks 52

The Fintech Times

FEBRUARY 21, 2024

The Swift Payment Market Practice Group (PMPG) also outlined how global adoption of the LEI in ISO 20022 payment messages can support key cross-border use-cases including: sanctions and watch-list screening; KYC and client onboarding; fraud detection and the fight against vendor scams; e-invoice reconciliation; and account-to-account validation.

Cross-Border Payments 78

Cross-Border Payments Cross-Border ISO 20022 SWIFT 78

Nanonets

APRIL 2, 2024

Updating Internal Records and Bank Statement: Ensuring internal records align with the reconciled figures, facilitating accurate financial reporting, audit compliance, cash flow management, and fraud detection.   Deposits in Transit: Deposits made by the company but not yet credited to its account by the bank.  Maintaining

Reconciliation 52

Reconciliation Automation Adjustments Regulatory Compliance 52