Segpay

DECEMBER 9, 2024

Work With Your Payment Provider Most payment processors and gateways offer fraud prevention tools, but its up to you to make sure youre using them effectively. These tools can identify and block attacks before they result in fees or account shutdowns. These can indicate an ongoing attack.

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The Fintech Times

MARCH 12, 2025

A new partnership has been announced between Swedish embedded finance provider Intergiro and SEON , the digital fraud prevention and compliance firm, to improve security in the former’s embedded finance ecosystem and combat growing cyber threats.

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Embedded Finance Finance Deepfake Payment APIs and Integration 72

Payments Source

DECEMBER 11, 2019

If your current program incurs a high number of false declines; blocks orders from specific countries or entire regions based on fraud; or blocks deliveries to specific countries or regions for fear of fraud, then that fraud prevention strategy is hindering your sales and growth.

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Fraud Prevention Blocks ISOs Risk 75

The Fintech Times

APRIL 24, 2024

By integrating Mastercard’s identity insights with Verizon’s network technologies, these collaborative efforts aim to create advanced tools capable of more accurately identifying and blocking scammers. The post Mastercard Takes On Scammers with AI-Driven Fraud Prevention Tools appeared first on The Fintech Times.

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Fraud Prevention Visa AI Scams 105

Fintech Finance

OCTOBER 23, 2024

G2A.COM , the world’s leading marketplace for digital entertainment, has announced it has deployed Forter globally to block fraud and optimise payments for G2A’s 30 million users globally. The global nature of its business required G2A.COM to scale its fraud prevention and payments program to meet growing demand.

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Blocks Payments Fraud Prevention APACS 98

Accertify

MAY 30, 2023

You don’t want to risk fraud losses, so you block the transaction. How can you minimize fraud while providing an excellent customer experience to legitimate customers? Here are four fraud prevention services that help with just this scenario. Or you can let the purchase go through and risk fraud losses.

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Fraud Prevention Blocks Breach Data Breach 52

Fi911

DECEMBER 3, 2024

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. Velocity checks serve as an integral part of a comprehensive fraud prevention strategy.

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Checks Fraud Prevention Account Takeovers Fraud Detection 52

The Fintech Times

SEPTEMBER 30, 2024

Since joining forces in 2017, Airwallex has integrated Trulioo’s Identity Document Verification, Business Verification and Person Match capabilities to support compliance and fraud prevention across 181 countries. This collaboration goes beyond technology.

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Fraud Prevention Verification Blocks Compliance 59

Finovate

AUGUST 28, 2024

Fraud prevention company Rippleshot has forged a strategic alliance with paytech CPI Card Group. CPI Card Group will leverage Rippleshot’s AI, machine learning automation, and predictive analytics to prevent credit and debit card fraud.

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Fintech Finance

MARCH 10, 2025

Reece has implemented Adyen’s built-in risk management solution which helps the business block fraud, prevent disputes, and stay ahead of the latest vulnerability trends. Beyond improving the customer experience, Reece engaged Adyen to explore a solution that could keep up with the growing need to innovate yet stay secure.

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PYMNTS

NOVEMBER 7, 2016

Thousands of customer cards have been blocked after Tesco Bank’s fraud system detected suspicious activity, reported HuffPost Business. 6) morning: “Yesterday, our fraud prevention systems identified suspicious activity on a number of accounts. Concerned account holders took to social media to alert Tesco.

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Blocks Bank Card Fraud Prevention NOV 64

Finovate

FEBRUARY 5, 2025

Worldpay plans to acquire AI-driven fraud detection company Ravelin. The acquisition will help Worldpay enhance its e-commerce offerings by adding fraud prevention technology and improve business clients’ authorization rates. The company also performs 3D Secure identification. .”

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Fintech News

FEBRUARY 10, 2025

In fintech, Agentic AI could enhance fraud prevention, risk management, trading, and customer engagement by autonomously analysing financial data, detecting anomalies, and executing decisions in real time. From fraud prevention to financial inclusion, its applications are vast and impactful. What Lies Ahead?

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AI FinTech Fraud Detection Fraud Prevention 76

PYMNTS

DECEMBER 18, 2020

“Cybercriminals are well aware that merchants are setting higher thresholds for blocking transactions, which is a major flaw of rules-based fraud prevention strategies.”. He said rules-based systems often fail to find high-dollar fraudulent transactions, but do often block legitimate transactions along the way.

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Account Takeovers Blocks Fraud Prevention Rules 133

The Fintech Times

MARCH 27, 2024

Visa has introduced three new AI-powered risk and fraud prevention solutions to enhance security in digital payments. The new products, integrated into the end-to-end Visa Protect suite, aim to diminish fraud across immediate account-to-account and card not present (CNP) payments, as well as transactions both on and off Visa’s network.

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Fraud Prevention AI Value Added Service Fraud Detection 59

The Fintech Times

SEPTEMBER 26, 2024

Curve’s ‘staged wallet’ technology, he explains, enables the company to influence and control the transaction flow, enabling features like zero-fee foreign transactions, the ability to double-dip on rewards and enhanced fraud prevention.

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Fraud Prevention AI Fraud Detection Card Issuer 59

Payments Dive

DECEMBER 3, 2024

The head of fraud prevention for the processor said the company leverages data to block hackers and fraudsters seeking digital wallet information.

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Fraud Prevention Blocks Processors Security 78

PYMNTS

JANUARY 29, 2019

A new report has revealed a “critical disconnect” between fraud prevention and business growth. Despite the fact that 77 percent of companies said delivering a frictionless customer experience is a top business priority, 58 percent noted that existing fraud prevention programs are creating friction or blocking good users.

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Fraud Prevention Risk Blocks Economy 43

Accertify

MAY 30, 2023

The time it takes your fraud team to review the endless number of suspicious transactions can be a drain on resources. And with around 50% of businesses suffering fraud , 1 no company is safe. For eCommerce businesses, payment fraud prevention is critical to growth. That’s where account protection comes in.

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Fraud Prevention Federal Trade Commission Technology Account Takeovers 52

PYMNTS

MAY 22, 2020

These financial crimes are perpetrated using various techniques, and no one-size-fits-all defense can block them all. We have to make sure that we’re identifying those [phishing websites] and either blocking our employees’ access to those sites or educating customers to not visit them,” Gould said. “We

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Fraud Prevention Financial Crimes Federal Trade Commission Crime 74

The Fintech Times

JUNE 1, 2024

Meanwhile, the fraud landscape is rapidly changing. Over a third of fraud attempts (42.5 per cent) targeting financial institutions now use AI, according to a recent study by digital identity and fraud prevention solution Signicat. Overall, around 29 per cent of these AI-driven fraud efforts are successful.

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The Fintech Times

MARCH 13, 2025

For Elo , the Brazilian payment processing organisation, this competitive edge will be gained through a new partnership with INETCO , the payments monitoring and fraud prevention firm and Agility , the IT and cybersecurity provider.

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Fintech Finance

SEPTEMBER 26, 2024

Since the two joined forces in 2017, Airwallex has integrated Trulioo Identity Document Verification, Business Verification and Person Match to achieve compliance and robust fraud prevention across 181 countries. jurisdictions. This collaboration goes beyond technology.

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Fraud Prevention Verification Payment APIs and Integration Compliance 98

Fintech Review

SEPTEMBER 5, 2024

Palo Alto, California, United States, September 5th, 2024, Chainwire AI-driven platform detects fraud at its earliest stages, preventing billions in potential crypto losses As scams grow more sophisticated and increasingly target crypto for laundering billions in losses, CUBE3.AI AI is pioneering a new era in fraud prevention.

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Scams Blocks AI Fraud Prevention 52

The Payments Association

OCTOBER 28, 2024

It highlights the rising trends in fraud and stresses the need for payment leaders to implement stronger prevention strategies and collaborations. Payment leaders must focus on fraud prevention, collaboration with tech and telecom sectors, and public education to mitigate future risks. What’s next?

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Scams Push-to-Card Fraud Detection Online and Mobile Banking 88

The Paypers

OCTOBER 28, 2020

Ecommerce fraud prevention company Forter has partnered with payment service provider FreedomPay to establish a network that allows merchants and banks to block fraud.

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Fraud Prevention Blocks Service Provider Payments 36

Fintech Finance

AUGUST 19, 2024

Unit21 , a global risk and compliance leader that proactively mitigates risks tied to fraud, money laundering, and other financial crimes, today announced a new bundle of features for Automated Clearing House (ACH) transactions.

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ACH Fraud Prevention AI Same Day ACH 52

Seon

APRIL 11, 2024

This information also allows for the integration of AML checks, such as a match on a sanctions list or association with PEPs, to significantly alter the individual’s risk profile, thereby enhancing the overall effectiveness of fraud detection and prevention mechanisms.

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Fraud Prevention AML Money Laundering Financial Crimes 52

The Fintech Times

JUNE 27, 2024

Combatting synthetic identity fraud This context has sensibly increased the need to integrate traditional active identity checks, such as verifying an ID document or a video recording, with complementary fraud prevention measures that employ passive identity checks to identify fraud attempts at sign-up.

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Payment APIs and Integration Fraud Prevention Financial Crimes Money Laundering 90

PYMNTS

DECEMBER 1, 2016

For instance, there are issues with governance and regulation that surround bitcoin, as well as some fraud prevention techniques, such as zero-knowledge proofs. Despite the benefits, blockchain technology still has flaws when it comes to identity protection, John pointed out.

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Blocks Blockchain Compromise Bitcoin 62

Fintech News

MAY 8, 2024

Key benefits of the VAAI Score include enhanced fraud prevention and reduced operational losses by detecting complex enumeration patterns swiftly. The VAAI Score seeks to mitigate this risk by reducing false positives by 85% compared to previous models, offering a more precise detection capability.

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Bots AI Issuers Fraud Prevention 111

Fintech Review

JANUARY 21, 2025

For example, an AI system might detect a series of unauthorised login attempts and block them before a breach occurs. When a threat is detected, AI can isolate affected systems, block malicious IP addresses, and prevent the spread of malware. By analysing transaction history and behaviour, AI enhances fraud prevention measures.

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The Fintech Times

MAY 9, 2024

With the VAAI Score, our clients now have access to real-time risk scoring that can help detect the likelihood of an enumeration attack so issuers can make more informed decisions on when to block a transaction. The post Visa Combats Enumeration Attacks With New Generative AI-Powered Anti-Fraud Tool appeared first on The Fintech Times.

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PYMNTS

OCTOBER 19, 2016

Reitblat said that, once, fraud prevention was all about stopping fraudulent transactions, limiting a retailer’s losses, protecting what they had. He further stated that having fraud prevention as the overarching focus can have the effect of preventing fraud but also blocking sales, if it’s risk-averse. “We

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Fraud Prevention EMV Blocks Risk 81

PYMNTS

JULY 2, 2020

Fraud Prevention as an End-To-End Journey. Sevounts said a holistic look not just at the transaction in isolation but in a broader context can make fraud attempts stand out from their legitimate counterparts. Fortunately for merchants, the fraudsters can be defeated with the right data and tools.

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Transactions Push-to-Card Account Takeovers Fraud Prevention 112

PYMNTS

OCTOBER 19, 2016

Stripe Radar combines data from the hundreds of thousands of businesses processing transactions on the Stripe network with intelligence from banks and credit card networks to provide users with the ability to customize the fraud defenses for their individual business.

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Blocks Fraud Prevention Non-Bank Credit Cards 75

The Fintech Times

MARCH 12, 2025

Some industry figures hail the move as a necessary step to cut red tape and simplify oversight, while others warn that it could weaken fraud prevention, slow fintech innovation and put payments competition in a precarious position. ” Could the move weaken fraud prevention?

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FinTech Payment APIs and Integration Fraud Prevention Regulations 59