The Payments Association

JANUARY 21, 2025

Payments Report 2024 As the global payments ecosystem undergoes a period of rapid transformation, the Payments Report 2024 serves as an essential resource for industry leaders navigating shifting trends, emerging technologies, and dynamic consumer behaviour.

Payments Trends 88

Payments Trends Financial Crimes Cross-Border Payments 88

Clearly Payments

NOVEMBER 6, 2024

Payment Processor: ISO/PayFac : The payment processor handles the sales, support, onboarding, and sometimes technology for merchants, such as the payment terminals and payment gateway. They can also offer additional services like fraud detection, chargeback management , and analytics. Nearly 30% of U.S.

Process 105

Process ISOs Credit Cards Online and Mobile Banking 105

The Payments Association

FEBRUARY 19, 2024

Artificial intelligence’s impact on the payments landscape is nothing short of transformative – from personalised customer experiences and seamless cross-border transactions to enhanced security and prompt fraud detection, AI-driven innovations […] Read more

AI 88

AI Transactions Fraud Detection Cross-Border 88

The Fintech Times

MARCH 19, 2025

.” Fraud risks rise as limits increase Ryta Zasiekina, founder of payments firm CONCRYT While the potential for greater convenience is clear, Ryta Zasiekina, founder of payments company Concryt, warns that higher contactless limits could make fraud prevention more challenging.

Contactless Payments 98

Contactless Payments Consumer Security Fraud Prevention 98

The Fintech Times

DECEMBER 31, 2023

.” Keeping it simple Alex Berrai, deputy CEO, emerchantpay The main payment trends in 2024 will evolve around simplification, according to Alex Berrai, deputy CEO at global payment service provider emerchantpay. Simplifying the payment process to make it more mobile-friendly is an ongoing trend that will carry into 2025.

Global Payments 124

Global Payments Online and Mobile Banking Alternative Payment Methods Instant Payments 124

The Fintech Times

OCTOBER 17, 2024

Swift , the secure financial messaging service provider, is rolling out new AI-enhanced fraud detection to help the global payments industry improve its defence as bad actors become increasingly sophisticated.

Fraud Detection 52

Fraud Detection SWIFT AI Financial Crimes 52

FICO

DECEMBER 12, 2022

Network International & FICO Bring MEA Enterprise Fraud Detection. With FICO Falcon Fraud Manager, Network International uses AI and machine learning technology to score transactions across a rapidly expanding array of payment options. Vice President, Global Partners & Alliances. FICO Admin.

Fraud Detection 52

Fraud Detection AI Fraud Prevention Non-Bank 52

Fintech Finance

APRIL 1, 2025

A new whitepaper by global payments processor and technology provider, RS2 , has revealed that a staggering 70% of banks’ IT budgets are consumed by maintaining outdated legacy systems.

ISO 20022 59

ISO 20022 Innovation Fraud Detection AI 59

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

Clearly Payments

DECEMBER 19, 2024

Fraudulent Transactions Reach $41 Billion Globally Payment fraud is a growing concern, with global losses expected to hit $41 billion in 2024. Common types include card-not-present fraud, phishing attacks, and identity theft. What It Means for You: Work with a payment processor that prioritizes security.

BNPL 105

BNPL Contactless Payments Processors Payments 105

The Payments Association

MARCH 19, 2025

Enhance cross-border payments by integrating an always-on solution directly and locally with regional and global payment networks, ensuring compliance with constantly evolving regulatory standards.

Payment APIs and Integration 88

Payment APIs and Integration Innovation Cross-Border ISO 20022 88

The Paypers

OCTOBER 17, 2024

Swift has announced its plans to introduce a new AI-enabled fraud detection to support the global payments sector in mitigating fraudulent activities.

SWIFT 73

SWIFT AI Fraud Detection Mitigation 73

The Paypers

OCTOBER 18, 2022

Global Processing Services (GPS), a global payments technology platform and provider of adaptive behavioural analytics for fraud detection and risk management company, Featurespace , have partnered to create a market issuer processing fraud mitigation solution.

Fraud Detection 36

Fraud Detection Issuers Mitigation Risk Management 36

Fintech Finance

NOVEMBER 13, 2024

As a result, although it allows rapid fund transfers, it has become a focal point for international criminals, because faster transactions make it difficult to halt fraudulent payments before funds disappear into networks of ‘money mules’ worldwide.”

Cross-Border Payments 98

Cross-Border Payments Cross-Border Law Enforcement Romance Scams 98

The Payments Association

FEBRUARY 10, 2025

To navigate diverse vIBAN regulations, PSPs should establish a global compliance framework adaptable to local laws. Partnering with regional providers, leveraging AI for fraud detection, and conducting regular audits will ensure compliance, transparency, and operational excellence.

IBAN 88

IBAN AML Master Account Due Diligence 88

Finovate

FEBRUARY 6, 2025

Bitpowr Technologies Through Bitpowr Technologies’ latest products, fintechs and other companies can offer embedded stablecoin banking, payments, digital wallets, and card products in a safe, secure, and compliant way. Fintechs, neobanks, payment providers, and businesses.

Stablecoins 52

Stablecoins Credit Union AML Fraud Detection 52

Finovate

AUGUST 7, 2024

Invoiced acquired by Flywire Flywire , a global payments enablement and software company, acquired Invoiced , an accounts receivable automation platform. Strategic Rationale : Invoiced is expected to enhance Flywire’s payment solutions by adding advanced accounts receivable automation.

FinTech 98

FinTech Fraud Detection Acquirers AI 98

Fintech Finance

MARCH 4, 2025

An AI Arms Race The emergence of AI has added a new dimension to this battle, with both scammers and fraud prevention efforts leveraging advanced technologies. The use of deepfakes and chatbots by fraudsters poses significant challenges, while real-time fraud detection systems are being enhanced to counter these threats.

Fraud Prevention 52

Fraud Prevention Deepfake Scams Fraud Detection 52

Fintech Finance

SEPTEMBER 17, 2024

ID-Pal and CLOWD9 are delighted to announce their global strategic partnership to enhance secure and efficient identity verification processes in payment processing, by offering ID-Pal’s AI-powered technology as part of CLOWD9’s innovative payment solutions portfolio.

Process 95

Process Verification Money Laundering AML 95

Fintech Review

JANUARY 28, 2025

As more countries adopt real-time payment frameworks, the global payment landscape will become increasingly interconnected. This trend will also spur innovation in services such as fraud detection and analytics. AI also supports personalised payment experiences.

Digital Payments 87

Digital Payments Embedded Finance Payment APIs and Integration Fraud Detection 87

Clearly Payments

SEPTEMBER 13, 2024

Redundancy and Failover: Payment orchestrators provide redundancy by ensuring that if one payment provider fails, the transaction can be automatically routed to another, reducing the risk of failed payments and increasing overall reliability. They also ensure compliance with industry standards like PCI DSS.

Payment APIs and Integration 104

Payment APIs and Integration Multi-Currency Payments Gateways 104

Tearsheet

FEBRUARY 20, 2025

In recent years, hes championed its integration across JPM, turning it into an integral tool for cost-cutting, fraud detection, transaction monitoring, and even upskilling employees to navigate the banks increasingly tech-driven landscape. Take, for example, the AI-driven payment screening tool the bank launched in 2023.

Payment APIs and Integration 64

Payment APIs and Integration FinTech Embedded Finance Payments 64

Fintech News

SEPTEMBER 18, 2024

Integrating cutting-edge technologies The report emphasizes APAC’s innovative payment landscape, which has evolved from QR code payments in China to the integration of AI and blockchain. For example, Visa has been using AI-based technology for risk and fraud management since 1993.

APACS 117

APACS Stablecoins Alternative Payment Methods BNPL 117

Fintech Finance

FEBRUARY 24, 2025

This includes options such as Apple Pay, PayPal, Google Pay, Visa, and Mada, and will soon also include additional popular regional payment methods like Qpay, Fawry, and KNET, as well as Buy Now, Pay Later services like Tamara and Tabby.

Fraud Detection 59

Fraud Detection Cross-Border Economy Fraud Prevention 59

The Payments Association

DECEMBER 18, 2024

As multi-rail systems become a standard component of payment strategies, bringing in real-time payments, BNPL, and P2P payments will give customers the flexibility and functionality to enable and unlock greater opportunities in the increasingly cashless economy, paving the way for a truly interconnected global payments ecosystem.”

Cross-Border 88

Cross-Border AI Push-to-Card Real Time Payments 88

Fintech Finance

OCTOBER 9, 2024

Global holiday spending is expected to rise 16% in value from October through December 2024 compared to the same period last year, according to analysis by ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology. ” Key report insights at a glance Payment trends (H1 2024 vs.

BNPL 98

BNPL Volume Alternative Payment Methods AI 98

Fintech News

JULY 15, 2024

As EU Holidays grew, they faced increasing costs for global payments. Airwallex’s global network made sending and receiving international payments easy. EU Holidays , an award-winning travel agency in Singapore, expanded from an initial team of five to over 150 employees across three subsidiary offices.

Cross-Border 107

Cross-Border Payments Fraud Detection Contactless Payments 107

PYMNTS

OCTOBER 14, 2018

The letter comes at a time when global payments companies such as Mastercard , Visa and American Express have being trying to get the finance ministry in India and the Reserve Bank of India to scale back rules that require payment data of domestic transactions to be stored inside India by a deadline of October 15.

Rules 74

Rules Fraud Detection Laws Central Bank 74

The Payments Association

DECEMBER 11, 2024

The digital payment ecosystem is at the intersection of technological innovation and financial security, posing unprecedented challenges in protecting financial assets and maintaining customer trust.

Fraud Prevention 88

Fraud Prevention Risk Assessment Payments Account Takeovers 88

Fintech Finance

NOVEMBER 20, 2024

Authorized push payment (APP) scam losses are on the rise, expected to climb to $7.6 billion by 2028 across six leading real-time payment markets (U.S., This trust-based manipulation makes APP scams particularly challenging to detect as the transaction appears legitimate and bypasses traditional fraud detection systems and controls.

Scams 97

Scams Real Time Payments Fraud Prevention Fraud Detection 97

FICO

JULY 15, 2021

The challenge for financial institutions of fighting fraud and tackling financial crime has never been greater. As the market for global payments and financial services grows, criminals develop new strategies and technologies to make illicit gains. The new community is driven by some of the finest minds in fraud detection.

Financial Crimes 52

Financial Crimes Crime Fraud Detection Money Laundering 52

The Fintech Times

APRIL 30, 2024

Ensuring ‘a succinct customer experience’ Andy Davies , senior global payments specialist at Endava , also discusses how significant the impact of embedded finance could be: “Embedded finance is set to transform both the payment process and revenue streams for merchants and buyers.

Embedded Finance 109

Embedded Finance Finance Innovation AI 109

Fintech Finance

APRIL 15, 2025

Following recent data from Action Fraud that reveals £9.7 million was lost to ticket fraud in 2024 [1] , Ecommpay , the inclusive global payments platform, is working closely with merchants to help them understand and tackle fraud to help protect customers.

Fraud Prevention 59

Fraud Prevention Fraud Detection Phishing Disputes 59

Fraud.net

MARCH 27, 2024

Learn how Fraud.net's Rules as a Service helps banks and fintechs decrease false positives, reduce time to review, and detect more fraud.

Processors 52

Processors Global Payments Rules FinTech 52

PYMNTS

SEPTEMBER 26, 2016

Earlier this year, cybercriminals stole $81 million from the Bangladeshi central bank, and they also stole the trust that the SWIFT global payments network had built with its 11,000 users. Payments networks must constantly find new ways to battle incoming digital threats. from March 2015 to March 2016.

Online and Mobile Banking 78

Online and Mobile Banking SWIFT Credential Central Bank 78

Nanonets

APRIL 1, 2024

The platform enables companies to manage their entire payables process, from invoice capture and approval to payment execution and reconciliation. Automated tax compliance and regulatory reporting for global payments, ensuring your business stays compliant with changing regulations across different countries and jurisdictions.

Automation 98

Automation Multi-Currency Fraud Detection Compliance 98

The Fintech Times

AUGUST 13, 2024

On show At Seamless Africa 2024, fintech and payment solution providers showcasing their solutions include Altron FinTech’s secure payment platforms, Click Mobile ’s mobile payment solution as well as Facephi’s biometric authentication technology.

Innovation 64

Innovation FinTech Online and Mobile Banking Central Bank 64