The Payments Association

APRIL 8, 2025

It highlights the necessity of advanced fraud detection and greater industry collaboration. Improving regulations, using technology for detection, and fostering industry-wide cooperation. As fraud continues to grow in sophistication, merchants are increasingly at the forefront of the battle against financial crime.

Fraud Detection 88

Fraud Detection Fraud Prevention Scams Participant 88

The Fintech Times

MARCH 31, 2025

As cross-border transactions grow in Europe, the cloud-based financial crime management technology solutions provider, Nasdaq Verafin has revealed that these payment channels are opening up more passageways for fraud to take place, as $194.9billion was moved across borders in 2023; more than a quarter of the total fraud figure in 2023 ($750billion).

Cross-Border 64

Cross-Border Addressing Financial Crimes Elder Abuse 64

Fintech Finance

DECEMBER 11, 2024

By enabling secure collaboration and knowledge sharing without compromising data privacy, we are fostering a safer and more resilient financial ecosystem for everyone, said Andrea Gallego, Managing Director, global GTM incubation, Google Cloud.

SWIFT 95

SWIFT AI Cross-Border Payments Privacy 95

The Payments Association

APRIL 7, 2025

SNEAK PEE K: Unveiled: Key Financial Crime 360 findings July 16, 2024 by Payments Intelligence LinkedIn Email X WhatsApp What is this article about? The findings of the Financial Crime 360 survey, focusing on the challenges, prevalent fraud types, and strategic responses across various sectors. Why is it important?

Financial Crimes 88

Financial Crimes Crime Fraud Prevention AML 88

Fi911

DECEMBER 19, 2023

In finance, AI’s role is becoming increasingly pivotal, particularly in fraud prevention and management. As digital banking services grow in popularity, the unfortunate byproduct is a corresponding rise in fraud. This trend underscores the question: Can AI truly integrate into the financial sector effectively?

Fraud Prevention 94

Fraud Prevention Fraud Detection Point-of-Sale (POS) Online and Mobile Banking 94

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? million.

Scams 88

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

Neopay

JANUARY 30, 2025

The Financial Conduct Authority (FCA) has recently published its findings on how firms are using the National Fraud Database (NFD) and money mule account detection tools to combat financial crime.

Financial Crimes 59

Financial Crimes Fraud Detection Crime Best Practices 59

Fintech Review

MARCH 11, 2025

NYC, NYC, March 11th, 2025, FinanceWire Feedzai , the global leader in AI-native fraud prevention solutions, today announced the launch of ScamAlert, an innovative GenAI-powered fraud prevention agent built from a deep understanding of tactics fraudsters use to exploit consumers.

Scams 52

Scams Fraud Prevention Risk Assessment Financial Crimes 52

Finextra

OCTOBER 23, 2024

In a conversation ahead of Sibos 2024, Laura Quevedo, Executive Vice President of Financial Crime and Resiliency at Mastercard, highlights the growing threat of financial scams in the digital age, with cybercriminals increasingly using AI to exploit consumers.

Financial Crimes 59

Financial Crimes Crime AI Fraud Detection 59

The Payments Association

FEBRUARY 27, 2025

was founded with a mission to eliminate the financial and operational burdens caused by chargebacks and fraud. Traditional fraud prevention tools are slow, reactive, and often ineffective. We saw a need for a proactive, real-time solution that prevents disputes before they become chargebacks. Avoided.io

Fraud Detection 88

Fraud Detection Fraud Prevention Disputes Near Real-Time 88

Fintech News

FEBRUARY 14, 2024

Hawk AI, a Germany-based provider of artificial intelligence technology for fraud detection and anti-money laundering efforts, has announced Robin Lee as the new General Manager for its Asia-Pacific (APAC) operations. They’re an exceptional group of people, combining world-class technologists and seasoned financial crime-fighters.

APACS 110

APACS AI Financial Crimes Money Laundering 110

The Fintech Times

JUNE 1, 2024

Even worse, the fraud landscape shows no signs of improving, as bad actors increasingly utilise AI to increase the damage done to financial organisations. However, many of the largest financial organisations worldwide are actively investigating measures to counteract these threats. Over a third of fraud attempts (42.5

SWIFT 124

SWIFT AI Fraud Detection Fraud Prevention 124

Finovate

JUNE 20, 2024

Refine Intelligence has introduced its Digital Customer Outreach for Check Fraud Prevention solution. Refine Intelligence launched its Digital Customer Outreach for Check Fraud Prevention solution this week. Refine Intelligence made its Finovate debut at FinovateEurope 2023 in London.

Fraud Prevention 59

Fraud Prevention Checks Financial Crimes Due Diligence 59

The Payments Association

MARCH 25, 2025

The fintech sector is evolving rapidly, transforming financial transactions, but it is also facing growing regulatory scrutiny and risks, such as fraud and cybersecurity threats. As director/MLRO of SENDS, a UK-licensed EMI, I see AI’s potential in fraud prevention, AML, and compliance.

Regulatory Compliance 136

Regulatory Compliance AML Compliance PCI DSS 136

FICO

MARCH 6, 2020

In September 2019, Fico and Visma announced their partnership to Offer SaaS Anti Financial Crime Solutions in Western Europe. I also manage the partner channels and programs for our financial crime compliance solutions. For more than two decades I have now been working in the financial services industry.

Financial Crimes 81

Financial Crimes Crime Compliance Technology 81

Fintech Finance

OCTOBER 16, 2024

Swift today announced that it is rolling out new AI-enhanced fraud detection to help the global payments industry step up its defence as bad actors grow increasingly sophisticated. The group has so far developed a number of fraud detection use cases which are set to be tested in a sandbox environment.

Cross-Border Payments 98

Cross-Border Payments Cross-Border SWIFT AI 98

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 Payments Association

JANUARY 13, 2025

Stronger fraud detection and better industry collaboration are needed to protect consumers The Payment Systems Regulator’s (PSR) findings in its December’s Unmasking how fraudsters target UK consumers in the digital age report reveal a stark picture of the growing threat posed by authorised push payment (APP) scams.

Scams 88

Scams Romance Scams Phishing Volume 88

PYMNTS

MAY 25, 2020

Digital fraud and other forms of financial crime are also on the rise due to the uncertainty and confusion surrounding the crisis. Twenty-two percent of Americans have reported being targeted by COVID-19-related fraud, and these scams have seen more than $1.2 COVID-19-Related Fraud.

Financial Crimes 67

Financial Crimes Crime Scams Fraud Prevention 67

Finovate

MARCH 20, 2024

Digital fraud detection innovator BioCatch has forged a partnership with Google Cloud. The two companies will leverage their new relationship to bring fraud prevention solutions to expanding markets, starting in Southeast Asia. Israel-based BioCatch made its Finovate debut at FinovateFall in 2014. Gadi Mazor is CEO.

Fraud Prevention 59

Fraud Prevention Fraud Detection APACS Financial Crimes 59

FICO

DECEMBER 12, 2017

As money laundering schemes are getting more and more sophisticated, the detection and mitigation strategy has to get smarter and faster. Looking ahead to 2018, I predict a rising trend for organizations to do four things better than today in the realm of financial crime. Check out our financial crime pages.

Financial Crimes 55

Financial Crimes Crime AI Money Laundering 55

PYMNTS

MAY 22, 2020

Financial institutions (FIs) are no strangers to financial crime, with fraudsters continually targeting them and their customers for money and data. These financial crimes are perpetrated using various techniques, and no one-size-fits-all defense can block them all. Understanding the Scope of Financial Crimes.

Fraud Prevention 74

Fraud Prevention Financial Crimes Federal Trade Commission Crime 74

Fintech News

OCTOBER 22, 2024

This is followed by advanced authentication methods (70.2%), customer education initiatives (68.1%), and the implementation of real-time fraud detection systems (53.2%). reported their use only in “specific scenarios” or for certain types of fraud. About 55.3% reported adoption of biometric security solutions. Only 27.7%

APACS 119

APACS Online and Mobile Banking Fraud Prevention Fraud Detection 119

Fintech Finance

JUNE 20, 2024

Flutterwave , Africa’s leading payments technology company, has committed to partnering with Nigeria’s Economic and Financial Crimes Commission (EFCC) to establish and lead a state-of-the-art Cybercrime Research Center.

Financial Crimes 97

Financial Crimes Crime FBI Law Enforcement 97

Fintech Finance

MAY 30, 2024

Pay.UK , the independent, not-for-profit operator of the UK’s national retail payments system including Faster Payments, Bacs and Direct Debit, can today announce the results of its pioneering fraud detection and prevention pilot in collaboration with partners Visa , Synectics Solutions and Featurespace.

Fraud Detection 52

Fraud Detection Overlay Service Crime Scams 52

Seon

JULY 11, 2024

Guest panelists included James Nurse, Managing Director at FINTRAIL; Hannah Becher, Lead of Fraud and AML Surveillance at Pleo; Matthew Tataryn, Director of Financial Crime Risk at Tide Platform; and Jeremy Doyle, Director of Growth, AML Solutions at SEON.

Fraud Prevention 52

Fraud Prevention AML Money Laundering Financial Crimes 52

The Payments Association

OCTOBER 23, 2024

As industries face increasing regulatory pressures, Seon Technologies will highlight the shared challenges of customer onboarding, fraud prevention and compliance, including how businesses navigate global KYC and AML regulations.

Fraud Prevention 88

Fraud Prevention Fraud Detection Best Practices AML 88

The Payments Association

OCTOBER 14, 2024

The Payment Systems Regulator’s decision to lower the cap for APP fraud reimbursements to £85,000. It affects how victims of fraud are compensated and how payment service providers (PSPs) approach fraud prevention. Why is it important? What’s next?

Caps 88

Caps Fraud Prevention Fraud Detection Scams 88

Seon

APRIL 11, 2024

With the United Nations reporting that three to five percent of the global GDP is laundered annually and fraud costs worldwide reaching $5.13 trillion – a 56% increase over the past decade- many organizations are taking a new approach to integrating prevention and protection efforts. What is FRAML?

Fraud Prevention 52

Fraud Prevention AML Money Laundering Financial Crimes 52

FICO

APRIL 12, 2017

FICO introduced behavioral analytics in the early 1990s and we currently analyze two-thirds of the world’s payment card transactions , in real time, for fraud. Now, FICO’s proven behavioral analytics can be applied by forward-thinking institutions to fight a wide range of financial crimes.

Financial Crimes 49

Financial Crimes Crime Suspicious Activity Report (SAR) SARS 49

Finovate

JULY 23, 2024

A partnership between Featurespace and OrboGraph will help banks and other financial services companies defend themselves against check fraud. Featurespace’s proof of concept detected more than $178 million (£138 million) in fraud with a 5:1 false positive ratio. “Fraud is the single largest crime in the U.K.

Checks 64

Checks Fraud Detection Financial Crimes Crime 64

Fintech Finance

NOVEMBER 20, 2024

This trust-based manipulation makes APP scams particularly challenging to detect as the transaction appears legitimate and bypasses traditional fraud detection systems and controls. is the only country in this year’s report with a year-over-year (YoY) decrease in APP fraud loss values from 2022-23 (5%).

Scams 97

Scams Real Time Payments Fraud Prevention Fraud Detection 97

The Payments Association

APRIL 14, 2025

SEON, the leader in digital fraud prevention and compliance, has announced the availability of its new automated chargeback management solution. Additionally, SEON offers dedicated fraud experts who monitor consumer transactions and continuously optimise fraud prevention platforms to meet the merchants specific needs.

Automation 68

Automation Disputes Fraud Prevention Fraud Detection 68

The Fintech Times

DECEMBER 28, 2023

Businesses under greater pressure to protect customers Tamas Kadar, CEO and co-founder SEON In the face of rising online fraud and limited government action, businesses are increasingly burdened with the responsibility of protecting customers, warns Tamas Kadar, CEO and co-founder of anti-fraud platform SEON.

Fraud Prevention 81

Fraud Prevention Scams Fraud Detection Regulatory Compliance 81

The Payments Association

FEBRUARY 13, 2025

Decreasing authorised push payment (APP) fraud, for instance, is still a key priority for the UKs Payment Systems Regulator (PSR) in 2025. The rise of instant payments has significantly shortened fraud detection windows, increasing the challenge for financial institutions. million in 2023.

Authentication 88

Authentication Risk Compliance Fraud Detection 88

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 Payments Association

OCTOBER 22, 2024

, argue that the lower cap may reduce the financial industry’s incentive to prevent fraud. Furthermore, the reduced compensation could result in banks taking a more lax approach to fraud prevention and leaving victims in the lurch, assuming they will be covered. AI is a double-edged sword in fraud prevention.

Rules 88

Rules Fraud Prevention Caps Deepfake 88