Fintech Finance

MARCH 5, 2025

HPS , a leading global provider of payment software and solutions, and Enigma , a global leader in artificial intelligence enabled entity resolution and decision-making, today announced a strategic collaboration to deliver cutting-edge AI fraud detection models to businesses worldwide.

Fraud Detection 52

Fraud Detection AI Fraud Prevention Identity Theft 52

The Fintech Times

NOVEMBER 16, 2024

To this end, 65 per cent of merchants plan to invest in artificial intelligence (AI) over the next 12 months, recognising its role in real-time fraud detection and improved payment performance. . One of the main reasons for this is that 63 per cent of merchants believe this is their main challenge for the year ahead.

Fraud Prevention 59

Fraud Prevention Compliance Regulatory Compliance AI 59

Clearly Payments

OCTOBER 30, 2024

Selling products and services internationally means facing new challenges, especially regarding payment processing, regulatory requirements, currency exchanges, and fraud prevention. Fraud Prevention and Security Cross-border transactions have higher fraud risks than domestic payments.

International Payments 105

International Payments Process Multi-Currency Cross-Border 105

Fintech News

SEPTEMBER 29, 2024

Payment giant Visa is set to acquire Featurespace, a company specialising in artificial intelligence (AI) technology for real-time payments fraud protection. The acquisition aims to bolster Visa’s fraud detection and risk management capabilities, which are used globally by financial institutions and businesses to safeguard transactions.

Fraud Detection 107

Fraud Detection AI Acquirers Fraud Prevention 107

Fintech Finance

SEPTEMBER 26, 2024

Justt , a leader in AI-powered chargeback mitigation, today announced a strategic partnership with Ravelin , a global provider of AI-native fraud detection and prevention solutions. According to the Ravelin Fraud and Payments Survey 2024 , 52.4%

Fraud Prevention 98

Fraud Prevention Fraud Detection AI Disputes 98

The Payments Association

JANUARY 3, 2025

A roundtable discussion among merchants addressing the evolving challenges of fraud in their operations across various sectors. It highlights the necessity of advanced fraud detection and greater industry collaboration. Improving regulations, using technology for detection, and fostering industry-wide cooperation.

Fraud Detection 88

Fraud Detection Fraud Prevention Participant Financial Crimes 88

The Fintech Times

MARCH 19, 2025

As well as bank cards, an increasing number of people are using smartphones and watches to make contactless payments Having a contactless limit is important in terms of fraud prevention, but we believe overall limits and the number of times a customer needs to enter a PIN should be determined by industry rather than the regulator.

Contactless Payments 98

Contactless Payments Security Consumer Fraud Prevention 98

The Payments Association

FEBRUARY 10, 2025

It highlights new corporate responsibilities, significant penalties for non-compliance, and the businesses need to implement strong fraud prevention measures to protect their financial and reputational standing. Firms must be required to have fraud prevention policies in place and demonstrate their effectiveness.

Crime 88

Crime Fraud Prevention Risk Assessment Due Diligence 88

Fintech Finance

NOVEMBER 14, 2024

65% of merchants plan to invest in artificial intelligence (AI) over the next 12 months, recognising its role in real-time fraud detection and improved payment performance. ” Facing new realities: SEPA Instant As Europe’s SEPA Instant payment deadline approaches on 9 January 2025, industry readiness remains uncertain.

Regulatory Compliance 98

Regulatory Compliance Payment APIs and Integration Cross-Border Payments Fraud Prevention 98

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. As integral players in the payment ecosystem, banks must focus on chargeback prevention and mitigation.

Fraud Prevention 92

Fraud Prevention Fraud Detection Point-of-Sale (POS) Online and Mobile Banking 92

Fintech News

MARCH 27, 2024

Leveraging its extensive experience and a US$10 billion investment in technology and innovation over the past five years, Visa aims to enhance fraud prevention and network security. Featured image credit: Edited from Freepik The post Visa Set to Roll out New AI-Powered Fraud Prevention Solutions appeared first on Fintech Singapore.

Fraud Prevention 107

Fraud Prevention AI Value Added Service Fraud Detection 107

The Payments Association

MARCH 20, 2025

Fraud evolves daily, yet legacy systems take months to adaptleaving businesses exposed. Complaers no-code fraud prevention engine puts compliance teams back in control, delivering real-time, hyper-personalised AML/CTF strategies without engineering support. Complaer is changing that.

Fraud Prevention 88

Fraud Prevention Compliance Automation Cross-Border 88

Fintech Finance

DECEMBER 11, 2024

The challenge: Traditional fraud detection is falling behind The lack of visibility across the payment lifecycle creates vulnerabilities that can be exploited by criminals. A collaborative approach to fraud modeling offers significant advantages over traditional methods in combating financial crimes.

SWIFT 95

SWIFT AI Cross-Border Payments Privacy 95

Fintech News

MARCH 24, 2025

Crypto fraud rate, %, Source: State of the Crypto Industry 2025, Sumsub, Feb 2025 According to the report, these results can largely be attributed to advancements in fraud prevention technologies, with innovations like biometrics checks and artificial intelligence (AI)-backed automation significantly enhancing security and fraud detection.

APACS 87

APACS Verification Fraud Detection Money Laundering 87

The Payments Association

JANUARY 21, 2025

Table of Contents Voices from the industry: Insights into the 2024 payments landscape In 2024, we witnessed a convergence between consumer and B2B payments, driven by the rise of BNPL adoption, AI-powered fraud detection, and the continued digitalisation of payment platforms.

Payments Trends 88

Payments Trends Financial Crimes Cross-Border Payments 88

Payments Next

NOVEMBER 21, 2024

Dozens of merchants, hundreds of customers, and money constantly The post How AI is Revolutionizing Fraud Detection in B2B Payments first appeared on Payments NEXT. By John Gronen, Chief Financial Officer, Yooz Imagine you’re managing a busy marketplace.

Fraud Detection 88

Fraud Detection B2B AI Payments 88

Payments Source

APRIL 14, 2021

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Fraud Prevention 165

Fraud Prevention AML Compliance Payments 165

Fraud.net

DECEMBER 26, 2024

Explore how machine learning fraud detection reduces false positives, improves accuracy, and adapts to emerging fraud trends.

Fraud Detection 52

Fraud Detection Real Time Payments Money Laundering 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? million.

Scams 88

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

The Payments Association

MARCH 19, 2025

Security & compliance risks: Meeting growing AML, fraud prevention, and regulatory demands is difficult with rigid, outdated infrastructure. Future-proof payment and banking infrastructure by implementing cloud-native, AI-driven automation, and Open API solutions that streamline payments and improve fraud detection.

Payment APIs and Integration 88

Payment APIs and Integration Innovation Cross-Border ISO 20022 88

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 Why avoided.io

Fraud Detection 88

Fraud Detection Fraud Prevention Disputes Near Real-Time 88

Fintech Finance

MAY 22, 2024

The post Mastercard Accelerates Card Fraud Detection With Generative-AI Technology appeared first on Fintech Finance.

Fraud Detection 97

Fraud Detection Visa AI Technology 97

Clearly Payments

NOVEMBER 13, 2024

This routing allows the processor to request authorization for the transaction from the issuing bank, which then approves or denies it based on factors like available funds and fraud checks. Security and Fraud Detection : The BIN can provide valuable data points that help prevent fraud.

Process 104

Process Processors Payments Compliance 104

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.

SWIFT 124

SWIFT AI Fraud Detection Fraud Prevention 124

Fintech News

DECEMBER 4, 2024

By utilising AWS’s compute infrastructure and machine learning capabilities, Grab enhances its services with features like personalised recommendations, fraud detection, and improved delivery guidance.

Fraud Detection 107

Fraud Detection Fraud Prevention AI Processors 107

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

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. Financial terms of the deal were not disclosed.

Acquirers 52

Acquirers Fraud Prevention Fraud Detection AI 52

Stax

APRIL 3, 2025

Fraud detection – Fraud detection and prevention measures identify and block any fraudulent activities in the payment system. Digital goods & services – Businesses that sell ebooks, software, and online courses should consider processors that support instant payouts and fraud detection.

Payment Solutions 88

Payment Solutions Payment APIs and Integration Payment Gateways Gateways 88

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.

Checks 52

Checks Fraud Prevention Account Takeovers Fraud Detection 52

The Fintech Times

FEBRUARY 14, 2025

Only by adopting more advanced fraud prevention techniques and multi-layered defences can businesses stay ahead of emerging threats and strengthen trust with their users.” As a result, a full 30 per cent of identity fraud attacks targeted social media in Q4, compared to a mere three per cent in Q1.

Deepfake 78

Deepfake APACS Law Enforcement Fraud Detection 78

The Fintech Times

MARCH 12, 2025

“Fraud detection is faster, smarter, and more accurate than ever. Smarter fraud prevention, intelligent customer interactions, and fully automated decision-making without sacrificing control. AI is eliminating false positives, identifying risks in milliseconds, and freeing up talent for higher-value work.

AI 71

AI Fraud Detection Non-Bank Fraud Prevention 71

Fintech Finance

FEBRUARY 20, 2025

Key security features include: Advanced Machine Learning Fraud Detection: Prevent unauthorized access with IP Allowlisting & Multi-Factor Authentication (MFA), and monitor suspicious activity with user behavior analytics.

PCI DSS 86

PCI DSS Security Payment APIs and Integration MFA 86

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?

AI 76

AI FinTech Fraud Detection Fraud Prevention 76

The Fintech Times

MARCH 18, 2024

The fraud prevention industry is experiencing rapid growth in response to amplified regulatory pressure and increasingly sophisticated threats of online fraud. It has revolutionised convenience for consumers and created new business opportunities, but it has also opened a Pandora’s box of fraud risks.

Fraud Prevention 59

Fraud Prevention AI Fraud Detection Payments 59

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 Fintech Times

MARCH 31, 2025

Additionally, it underscores opportunities for stakeholders within the European financial industry to align their priorities for financial crime prevention, collaborate across sectors and borders, and expedite innovation through advanced technology.

Cross-Border 64

Cross-Border Addressing Financial Crimes Elder Abuse 64

Fintech Finance

MAY 30, 2024

Mangopay , a modular and flexible payment infrastructure provider for platforms, today announces the launch of its new Fraud Prevention solution. Platforms can connect to the solution through the Mangopay product ecosystem, meaning they can easily protect themselves against fraud without any additional integration.

Fraud Prevention 52

Fraud Prevention AI Payment APIs and Integration Fraud Detection 52