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

M2P Fintech

MARCH 24, 2025

Enhanced fraud detection ensures security, while alternative data expands accessibility, especially for those with limited credit history. Smart Contracts: Self-executing agreements streamline loan distribution, repayment, and compliance, cutting costs and speeding up transactions. Explainable AI (XAI) promotes transparency.

Payment APIs and Integration 52

Payment APIs and Integration Blockchain Regulatory Compliance Compliance 52

Tearsheet

JULY 1, 2024

Two-factor authentication, encryption and fraud detection are minimum requirements. Security: These payment solutions come with strong security features like advanced encryption and authentication. Implement strong access controls and encryption/tokenization. Continuous monitoring.

BNPL 105

BNPL Online and Mobile Banking Encryption Payments 105

Nanonets

DECEMBER 13, 2023

The integration of fraud detection algorithms is paramount for error reduction. These algorithms analyze patterns and anomalies in the data to identify potential instances of fraud or misrepresentation. Encryption techniques and access controls further enhance data protection.

AI 102

AI Process Fraud Detection Compliance 102

EBizCharge

MARCH 31, 2025

Many merchant services providers also assist with regulatory compliance, chargeback management, and reporting tools to help businesses streamline their financial operations. Compliance with various security protocols and regulations is crucial to maintaining a secure and trustworthy payment environment in Sage.

Service Provider 52

Service Provider MSPS Payment Gateways Gateways 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

Segpay

NOVEMBER 26, 2024

Identity and Fraud Report” by Experian emphasizes the evolving fraud landscape and the necessity for businesses to implement multi-faceted digital identity verification strategies. Regulatory compliance is crucial in ensuring data privacy.

Verification 111

Verification Identity Theft Money Laundering Due Diligence 111

Fintech Review

DECEMBER 3, 2024

Educating users about encryption and tokenisation can help address these concerns. AI-powered fraud detection systems analyse patterns to identify suspicious activity in real time. Regulatory compliance adds further complexity, demanding robust systems and staff training.

Payment Solutions 97

Payment Solutions Payments Contactless Payments Online and Mobile Banking 97

M2P Fintech

DECEMBER 17, 2024

Risk Management Advanced fraud detection tools monitor transactions in real time to identify potential fraud. Compliance monitoring ensures adherence to regulations like PCI DSS and AML laws. An intuitive merchant dashboard provides valuable insights into key metrics such as transaction volumes and settlement statuses.

Fraud Detection 52

Fraud Detection PCI DSS Disputes Settlement 52

M2P Fintech

JANUARY 3, 2024

Regulatory Compliance To stay compliant, banks need to adhere to central bank regulations on transaction security, data security, and privacy, among others. Core banking systems must have integrated compliance features that can adapt to evolving standards and regulations for robust security and fraud detection.

Payment APIs and Integration 59

Payment APIs and Integration CRM Online and Mobile Banking Privacy 59

Clearly Payments

JANUARY 10, 2024

These barriers to entry are substantial, encompassing technological, regulatory, and competitive aspects. Regulatory Compliance: The payments industry is subject to a myriad of regulations and compliance requirements imposed by national and international authorities.

Processors 105

Processors ISOs Embedded Finance Payments 105

EBizCharge

JULY 16, 2024

As transaction volumes or the complexity of the ACH services increase, institutions or service providers must enhance their fraud detection and prevention mechanisms. Entities handling this information must ensure storage and transmission encryption, preventing unauthorized access and potential breaches.

NACHA 52

NACHA Nacha Rules ACH Network ACH 52

Segpay

MARCH 10, 2025

Here’s how it works: Encryption & Secure Transmission: The payment gateway encrypts the player’s payment details and securely transmits them to the payment processor. Security & Fraud Prevention Given the high-risk nature of online gaming, security is non-negotiable.

Payment Gateways 40

Payment Gateways Gateways Payment Solutions Payment APIs and Integration 40

Clearly Payments

FEBRUARY 14, 2024

Supporting Players in the Payment Ecosystem Payment Gateways: Payment gateways serve as the secure link between merchants’ systems and payment processors, they encrypt and transmit sensitive data. billion by 2027 , but must navigate security and regulatory challenges. The global payment gateway market is projected to reach $49.7

Payments 104

Payments Value Added Service ISOs BNPL 104

M2P Fintech

JANUARY 21, 2025

Effective Fraud Detection: By integrating machine learning into advanced fraud detection mechanisms, it effectively identifies and prevents fraudulent activities. These features protect sensitive borrower data, ensure regulatory compliance, and foster borrower trust.

Origination 52

Origination Payment APIs and Integration Underwriting Automation 52

Neopay

JUNE 27, 2024

Your senior team will all need to have understand the obligations on the firm and be able to prioritise regulatory compliance and its impact across the business. Additionally, firms should stay updated on regulatory changes and developments in the payments industry.

Financial Crimes 52

Financial Crimes Money Laundering Compliance Crime 52

Stax

MARCH 14, 2024

B2B payments are vulnerable to fraud, particularly when involving large sums of money and manual processes like checks. Cross-border B2B payments can be complicated due to currency conversions, regulatory compliance, and varying banking systems. Most of these challenges can be addressed by choosing the right payment provider.

B2B 88

B2B Process B2C Credit Cards 88

Nanonets

APRIL 3, 2024

This accuracy promotes transparency, allowing stakeholders such as investors, customers, other vendors, shareholders, and regulatory bodies to have confidence in the integrity of the financial information. Ensuring compliance demands unwavering adherence to regulatory mandates, which can be time and effort-intensive.

Reconciliation 52

Reconciliation Process Accounts Duplicate 52

Nanonets

FEBRUARY 28, 2024

Fraud detection: It enables you to more effortlessly place fraud or any other problem with your books since it is simple to look through and comprehend. Compliance and Reporting Audit Trails : Records of changes to data for transparency and compliance. This enables you to balance the books.

Automation 52

Automation Payment APIs and Integration Accounts Transactions 52

Segpay

MARCH 20, 2024

Enhanced Fraud Detection and Security One of the most significant advantages of AI and Machine Learning in banking is its ability to detect fraudulent activities and enhance security measures. Risk Management and Compliance AI is crucial in risk management and regulatory compliance within the banking industry.

AI 111

AI Privacy Non-Bank Fraud Detection 111

Fintech Review

NOVEMBER 12, 2024

White Labeling and Co-Branding In a white-label model, fintechs provide the technology and expertise, while banks manage regulatory compliance and branding. Banks benefit from fintechs’ innovative credit-scoring algorithms, while fintechs leverage banks’ capital reserves and regulatory compliance expertise.

FinTech 105

FinTech Financial Inclusion Regulatory Compliance Compliance 105

The Payments Association

DECEMBER 10, 2024

As payment systems become more digitised and interconnected, the attack surface expands, and the stakes for payments firms to invest in robust, AI-driven fraud detection and prevention systems have never been higher. fingerprints, facial recognition), and behavioural biometrics (e.g., keystroke dynamics or mouse movements).

AI 88

AI Fraud Detection Deepfake Fraud Prevention 88

EBizCharge

MARCH 21, 2025

Fraud detection and risk management Fraud detection and risk management are also significantly enhanced through AI-powered systems. AI identifies potential compliance risks in real-time, helping businesses avoid legal penalties and prepare for audits with accurate, well-organized financial records.

AI 52

AI Accounts Fraud Detection Audit 52