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

The Payments Association

DECEMBER 11, 2024

Digital payments demand advanced fraud prevention, blending AI and human intelligence to counter evolving threats while ensuring seamless user experiences. Multifaceted approaches to fraud prevention Effective fraud prevention now requires a combination of technological and human intelligence, transcending traditional security models.

Fraud Prevention 88

Fraud Prevention Risk Assessment Payments Account Takeovers 88

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 88

Regulatory Compliance AML Compliance PCI DSS 88

The Fintech Times

AUGUST 29, 2024

Cashfree Payments , the Indian paytech and API banking solutions provider, has launched Secure ID, its end-to-end solution for identity verification, risk assessment and fraud prevention. ” Ensuring growth in line with regulations The extent of Secure ID can be seen by the brands using it. With UIDAI recording 1.96

Checks 69

Checks Risk Assessment Security Payment APIs and Integration 69

The Payments Association

MARCH 18, 2025

Open data, in turn, enriches these offerings, enabling innovative credit scoring and risk assessment beyond traditional banking channels. Open data extends beyond regulated financial data-sharing to non-banking datasets, such as telecom, utility, e-commerce, and social data, creating new layers of insight but also new risks.

Finance 88

Finance Payment APIs and Integration Non-Bank Embedded Finance 88

PYMNTS

APRIL 10, 2020

The study is part of the larger Unlocking AI series by PYMNTS, examining how AI and other computational systems are being used to manage critical business functions, including payments, regulatory compliance, risk assessment and fraud protection. Moreover, the benefit cited by the greatest proportion of healthcare firms (65.6

AI 144

AI Fraud Detection Risk Assessment Regulatory Compliance 144

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

EBizCharge

JANUARY 16, 2025

Fraud detection and risk assessment: MCCs assist fraud detection and risk assessment operations by flagging suspicious transactions. For example, if a credit card is suddenly used at a pawn shop after being consistently used at beauty shops, this can indicate fraud.

Credit Cards 52

Credit Cards Processors PCI DSS Fraud Detection 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.

Fraud Prevention 52

Fraud Prevention AML Money Laundering Financial Crimes 52

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

Neopay

FEBRUARY 27, 2025

The study, which surveyed over 1,200 financial and payment sector professionals across seven European countries, found that account takeover remains the leading type of fraud affecting customers, followed by card payment fraud and phishing. The Lag in Fraud Detection: Are You Prepared? of all fraud cases we detected.

Deepfake 52

Deepfake Fraud Detection Account Takeovers Fraud Prevention 52

Stax

AUGUST 22, 2024

In this article, we’ll discuss what SaaS companies looking to become payment facilitators need to know about risk management strategies. PayFacs handle risk assessment, underwriting, settling of funds, compliance, and chargebacks which exposes them to greater potential risks.

Risk Management 88

Risk Management Risk Regulatory Compliance Due Diligence 88

Fintech Finance

FEBRUARY 29, 2024

Socure , the leading provider of artificial intelligence for digital identity verification, sanction screening and fraud prevention, and Trustly , a leading global Open Banking payments provider, today announced an industry-first partnership to offer merchants and fintechs a streamlined onboarding and guaranteed Pay by Bank solution.

Fraud Prevention 52

Fraud Prevention Process FinTech Online and Mobile Banking 52

Stax

JANUARY 8, 2024

PayFacs need to equip themselves with an effective risk management strategy that helps them continuously monitor risks and employ appropriate risk responses if needed. Fraud detection and prevention. Early detection can help in the rapid mitigation of fraud. Velocity checks.

Risk Management 88

Risk Management Risk Money Laundering Mitigation 88

Clearly Payments

JANUARY 8, 2024

Merchants must familiarize themselves with the diverse risks associated with payment processing, encompassing fraud, chargebacks, and cybersecurity threats. Conducting a thorough risk assessment tailored to the specific nature of the business is essential.

Risk Management 97

Risk Management Risk PCI DSS Process 97

Seon

MAY 31, 2024

The advancements in AI, ML and automation transform fraud detection and protection by augmenting human capabilities with algorithmic precision and scalability. Such instances erode trust and undermine the perceived reliability of a company’s fraud detection systems.

Fraud Prevention 52

Fraud Prevention Fraud Detection Compliance Money Laundering 52

PYMNTS

NOVEMBER 5, 2019

Fraud detection company DataVisor has teamed up with Experian to integrate the company’s “unsupervised machine learning powered transactional risk assessment capabilities” into the Experian CrossCore platform. The move will help detect fraud patterns, the companies said in a press release. “We

Fraud Detection 42

Fraud Detection Fraud Prevention Risk Assessment Addressing 42

Segpay

APRIL 16, 2024

In this case, both the cardholder and the merchant are victims of Fraud. Merchants should implement robust fraud detection tools, such as address verification systems (AVS) and card verification value (CVV) checks. Each card brand applies different chargeback thresholds. Chargeback ratios also differ per industry.

Disputes 52

Disputes Address Verification System (AVS) Fraud Prevention Fraud Detection 52

The Paypers

OCTOBER 23, 2018

(The Paypers) Emailage , a global provider of online fraud prevention and email risk assessment, has launched a fraud detection solution called RapidRisk Score.

Fraud Detection 28

Fraud Detection Processors Risk Assessment Fraud Prevention 28

Seon

APRIL 23, 2024

Advanced technologies, including artificial intelligence (AI), blackbox and whitebox machine learning (ML), digital footprinting and device intelligence, collectively transform the real-time fraud detection and prevention paradigm. Engage senior leadership in the governance and oversight of fraud risk management efforts.

Risk Management 40

Risk Management Risk Technology Fraud Detection 40

Nanonets

MAY 31, 2023

Segregate duties and responsibilities to prevent a single individual from having complete control over financial transactions. Regularly review and update internal control procedures to address emerging fraud risks. Promote a culture of ethics and integrity, emphasizing the consequences of fraud.

Fraud Detection 52

Fraud Detection Payments Audit Fraud Prevention 52

PYMNTS

DECEMBER 18, 2019

Many of these schemes take the form of clean fraud or friendly fraud — which sound innocuous, but are actually never-ending threats that many fraud-fighting systems are ill-equipped to counter. The system is meant to replace old rules-based systems with more proactive fraud analytics to stop fraud before it occurs.

AI 52

AI Fraud Detection Cryptocurrency Risk Assessment 52

Segpay

MARCH 10, 2025

Evaluate transaction fees, chargeback policies, and currency conversion rates to prevent unexpected expenses and optimize revenue retention. Security & Fraud Prevention Given the high-risk nature of online gaming, security is non-negotiable. Offer multiple payment methods to reduce dependency on higher-fee options.

Payment Gateways 40

Payment Gateways Gateways Payment Solutions Payment APIs and Integration 40

Nanonets

AUGUST 16, 2024

Artificial Intelligence (AI) AI is particularly brilliant at handling complex tasks like fraud detection, risk assessment, and claims adjudication. Fraud detection: Fraudulent claims are one of the insurance industry's biggest challenges.

Automation 52

Automation Process Fraud Detection Payment APIs and Integration 52

The Fintech Times

SEPTEMBER 19, 2024

Whenever we discuss fraud prevention strategies or solutions, it is always clear that while new technologies could potentially help protect firms from attacks, the very same tech is being leveraged by cybercriminals to achieve the opposite result.

Risk 59

Risk Financial Crimes AML Risk Management 59

Seon

JUNE 29, 2023

Depending on each organization’s risk tolerance, this may be where parties associated with the suspicious transaction are subjected to further security checks or trigger a more comprehensive manual review by risk teams. It achieves this through transaction and behavior monitoring, risk assessment, and alert generation.

Transactions 52

Transactions Due Diligence Money Laundering AML 52

Nanonets

DECEMBER 25, 2023

Real-time Fraud Detection The healthcare industry is, unfortunately, susceptible to fraudulent activities, and AI provides a robust defense mechanism. Predictive Analytics for Resource Optimization AI's predictive analytics capabilities extend beyond fraud detection.

AI 59

AI Process Payer Fraud Detection 59

Nanonets

SEPTEMBER 27, 2024

These pain points span across various aspects of insurance operations, from customer experience and fraud prevention to operational efficiency and regulatory compliance. Fraud Detection    Automation aids in identifying and flagging suspicious patterns through data analytics and real-time monitoring.

Process 52

Process Underwriting Automation Database 52

FICO

JANUARY 10, 2023

Innovative Customer Communications for Fraud. Detecting possible fraud is important, but what you do with that suspicion may matter even more. Taking the most strident fraud prevention actions might seem the intuitive answer but suspicion is often unfounded, and most customers are not fraudsters.

Scams 52

Scams Posting Push-to-Card Compromise 52

FICO

MARCH 6, 2020

With the acquisition of Tonbeller in 2015, FICO expanded its fraud portfolio and moved into the growing market for financial crime and compliance solutions to bring the benefits of advanced analytics to a field dominated by rule-based systems. What does FICO offer and how does it distinguish from other AFC solutions?

Financial Crimes 81

Financial Crimes Crime Compliance Technology 81

Fintech Labs Insights

AUGUST 22, 2024

Spring/West 2020 (Digital): Breach Clarity (acquired by TransUnion): Cybersecurity solutions for financial fraud detection, received critical acclaim for its innovation. Spring 2019 (San Francisco): Arkose Labs: Raised $107M, specializes in online fraud prevention, gained significant clients in ecommerce.

Online and Mobile Banking 15

Online and Mobile Banking Acquirers Payment APIs and Integration AI 15

The Payments Association

MARCH 20, 2025

In this Q&A, NVIDIAs EMEA Payments & FinTech Leader, Georgios Kolovos, explains how AI is revolutionising fraud detection, risk management, and customer engagement in the payments industry. False positives in fraud detection remain a major challenge for payments companies.

Fraud Prevention 88

Fraud Prevention Suspicious Activity Report (SAR) Fraud Detection AML 88

Fintech News

OCTOBER 28, 2024

With the proliferation of generative AI expected to result in US$40 billion in fraud losses by 2027 — and that’s just in the United States — financial institutions need to step up their fraud-prevention tactics.

Verification 120

Verification Deepfake AI Identity Theft 120