Fintech News
OCTOBER 28, 2024
This real-time verification process helps prevent errors and strengthens regulatory compliance, particularly in regions like the UK and EU. By automating verification through a single API, Nium Verify reduces the need for manual intervention, lowering operational costs and simplifying payment workflows.
The Payments Association
MARCH 25, 2025
Key features of AI-enhanced AML compliance: Automated identity verification: AI streamlines identity verification with facial recognition, document checks, and liveness detection, reducing onboarding time while ensuring compliance. AI automates compliance tasks like data collection, report generation, and regulatory submissions.
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Finovate
MARCH 19, 2025
Adding to this challenge is the proliferation of new regulations that are tightening compliance requirements and mandating greater security and operational resilience. This will enable them to onboard customers faster and comply with international KYC/AML regulations.
The Payments Association
NOVEMBER 8, 2024
The Problem The dispute and chargeback landscape is becoming increasingly complex due to surging digital payments, ongoing changes to regulatory compliance, and intensifying competition amongst acquirers and merchant service providers. Automate chargeback prevention, thereby maximizing efficiency and minimizing operational expenses.
M2P Fintech
APRIL 10, 2025
Real-time Limit Management and Shortfall Actions: The lack of capabilities to automate dynamic drawing power calculations and real-time actions on shortfalls, such as line freezes and notifications, poses a challenge. Leveraging advanced technologies for real-time limit management can enhance responsiveness and operational accuracy.
The Fintech Times
OCTOBER 1, 2024
It says this process saves its clients up to $500,000 per year through automation of common reporting outputs and reconciliation. Initially available to Cardaq’s UK customers, the strategic move will enable increased growth and regulatory adherence for Cardaq while also promising an enhanced solution for its customers.
The Payments Association
JANUARY 8, 2025
It also supports regulatory compliance by automating checks. Goldman Sachs predicts over $200 billion in AI investments in Europe next year, meaning were only beginning to explore its possibilities. AI is already essential for fraud detection, offering real-time monitoring to prevent issues.
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