Fintech News

OCTOBER 16, 2024

The initiative is part of Swift’s broader efforts to use AI to improve the security of cross-border payments. Swift is also testing fraud detection use cases in a sandbox environment.

Fraud Detection 107

Fraud Detection SWIFT AI Financial Crimes 107

Fintech Finance

FEBRUARY 20, 2025

Runa , the leading global fintech infrastructure for the next generation of payouts experiences, today announced the launch of Runa Assure, a security suite specifically built to fortify payout processes against threats of fraud, cyberattacks, and compliance risks. Web Application Firewalls (WAF) monitor traffic continually.

PCI DSS 86

PCI DSS Security Payment APIs and Integration MFA 86

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

Finovate

MARCH 19, 2025

Adding to this challenge is the proliferation of new regulations that are tightening compliance requirements and mandating greater security and operational resilience. Tuum-powered institutions will also benefit from the ability to securely scale and operate in multiple markets thanks to real-time decisioning and continuous risk monitoring.

Fraud Prevention 96

Fraud Prevention Fraud Detection Payment APIs and Integration Verification 96

The Fintech Times

OCTOBER 30, 2024

Global paytech solution provider Worldpay has forged a new partnership with Capital One , the American bank holding company, in a move to optimise payment fraud decisioning and enhance payment security and efficiency with a data sharing agreement.

Payment Security 59

Payment Security Security Fraud Detection Payments 59

Fintech Finance

MAY 22, 2024

As fraudsters seek new ways to exploit technology, Mastercard is using generative AI to double the speed at which it can detect potentially compromised cards, further protecting cardholders and securing the ecosystem. In a bid to sell this data to other criminals, they place part of the 16-digit numbers on illegal websites.

Fraud Detection 97

Fraud Detection Visa AI Technology 97

Fintech Finance

DECEMBER 11, 2024

To better combat fraud in cross-border payments, Swift, the global provider of secure financial messaging services, is working with Google Cloud to develop anti-fraud technologies that use advanced AI and federated learning. The central server aggregates these learnings to enhance Swifts global model.

SWIFT 95

SWIFT AI Cross-Border Payments Privacy 95

Clearly Payments

OCTOBER 30, 2024

It’s more complex than domestic payments, as it requires a payment infrastructure that supports global payment options and multiple currencies while ensuring security and compliance with foreign regulations. 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

The Payments Association

FEBRUARY 4, 2025

Combining PXPs reliable payment infrastructure with Net Affinitys intuitive booking platform, hotels can improve the overall guest experience while ensuring smoother, more secure transactions from booking to payment. Guests also benefit from this collaboration, enjoying a smoother and more secure booking and payment process.

Fraud Detection 88

Fraud Detection Payments Security Transactions 88

Stax

APRIL 3, 2025

TL;DR An eCommerce payment solution allows online businesses to accept payments securely and efficiently. Key features to look for in an eCommerce payment solution include security and fraud protection, payment method variety, integration capabilities, chargeback protection and dispute resolution, and global payment support.

Payment Solutions 88

Payment Solutions Payment APIs and Integration Payment Gateways Gateways 88

The Payments Association

FEBRUARY 3, 2025

is committed to helping businesses of all sizes reduce chargeback occurrences, streamline dispute resolution, and improve overall payment security. By integrating real-time data sharing, artificial intelligence, and advanced fraud detection tools, avoided.io Real-time fraud detection and prevention: Avoided.io

Fraud Prevention 100

Fraud Prevention Disputes Fraud Detection Card Network Rules 100

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 89

APACS Verification Fraud Detection Money Laundering 89

Fintech Finance

NOVEMBER 7, 2024

The leading airline has chosen FinMont global solution to provide a secure payment gateway incorporating a wide range of payment methods and ensuring a seamless customer transaction process. Bhutan Airlines is pleased to announce a new partnership with FinMont, a leading global payment orchestration platform.

Global Payments 98

Global Payments Payment Gateways Gateways Fraud Detection 98

EBizCharge

MARCH 18, 2025

For companies using Sage 100, understanding how to process credit cards securely is not just an option it’s a necessity. These gateways act as a bridge between your business and financial institutions to process customer transactions quickly and securely. What is Sage 100?

Credit Cards 52

Credit Cards Process Security Data Breach 52

Fintech Finance

DECEMBER 17, 2024

This forum, part of Visa’s annual client appreciation event, underscored Visa’s commitment to driving Vietnam’s digital transformation, with a focus on AI’s role in enhancing security and personalizing customer experiences. Enhanced Security: With the rise of digital payments, security is paramount.

Payments Trends 97

Payments Trends Cross-Border AI Payments 97

VISTA InfoSec

JULY 19, 2024

As fraudsters are continuously finding new ways to strike, we’re continuously finding new ways to prevent them with controls such as encryption, multi-factor authentication, fraud detection software, etc. It affects how secure the hardware is, as well as how well data stays safe. However, manufacturers DO.

Cybersecurity 264

Cybersecurity Encryption Fraud Detection CHIPS 264

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

Fintech News

FEBRUARY 4, 2024

Mastercard has adopted generative artificial intelligence (AI) techniques to strengthen security measures for consumers and the broader payments network. Featured image credit: Edited from Freepik The post Mastercard Taps Gen AI for Faster, More Accurate Payments Fraud Detection appeared first on Fintech Singapore.

Fraud Detection 87

Fraud Detection Visa AI Payments 87

Finovate

APRIL 8, 2025

Hawk , a company offering AI-powered anti-money laundering (AML), screening, and fraud prevention solutions, has secured $56 million in Series C funding. Further, fraudsters are increasingly adept at circumventing and subverting rules-based AML and fraud detection strategies. The company was founded in 2018.

Financial Crimes 71

Financial Crimes Crime Money Laundering Fraud Detection 71

The Payments Association

APRIL 8, 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 Scams Participant 88

Clearly Payments

NOVEMBER 13, 2024

For payment processors and financial institutions, however, understanding BINs is essential for smooth transaction processing, security, and even risk management. Security and Fraud Detection : The BIN can provide valuable data points that help prevent fraud. What is a Bank Identification Number (BIN)?

Process 104

Process Processors Payments Compliance 104

The Payments Association

OCTOBER 28, 2024

In the first half of the year, cases of unauthorised fraud surged by 19% , with criminals leveraging low-tech methods and digital deception to exploit vulnerabilities. This has led to a noticeable uptick in card-related fraud, especially in remote purchases, where criminals use stolen card details for online transactions.

Scams 88

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

Fi911

DECEMBER 18, 2024

That will raise a red flag for potential fraud. Additionally, it can help detect suspicious patterns, such as multiple transactions from vastly different locations in a short time. This added layer of security enhances fraud detection systems, enabling businesses to take proactive measures in protecting their customers and their data.

Fraud Prevention 85

Fraud Prevention Fraud Detection Addressing Authentication 85

The Payments Association

JANUARY 21, 2025

These innovations are redefining how payments are processed and driving efficiency, enhancing security, and creating personalised customer experiences. Businesses increasingly leveraged BNPL services to improve cash flow flexibility, while AI played a crucial role in enhancing fraud prevention and transactional security.

Payments Trends 88

Payments Trends Financial Crimes Cross-Border Payments 88

Fintech News

DECEMBER 10, 2024

LexisNexis Risk Solutions, a global data and analytics company under RELX, has agreed to acquire IDVerse , a provider of AI-powered document authentication and fraud detection solutions. This move will enable LexisNexis Risk Solutions to further enhance its capabilities in combating AI-generated fraud, including deepfakes.

Risk 117

Risk AI Acquirers Deepfake 117

Stax

MARCH 18, 2025

It ensures the secure transfer of funds from a customer to a merchant via their preferred payment method. A payment processing system is a technology that facilitates the secure transfer of funds from a customer to a merchant. They set interchange fees and security standards for processing payments.

Process 88

Process Payment APIs and Integration Processors Online and Mobile Banking 88

Bank Automation

FEBRUARY 6, 2025

Financial institutions are looking to deepfake detection solutions in their fight against the growing threat of generative AI-driven fraud. The growing deepfake detection market is expected to be a $15.7 billion industry by 2026, according to consultancy firm Deloitte.

Deepfake 52

Deepfake Fraud Detection Consulting AI 52

Fintech Finance

NOVEMBER 14, 2024

The survey reveals that 81% of merchants anticipate a surge in digital wallet usage, while 69% expect Open Banking and instant bank transfers to gain popularity as consumer demand for convenient, secure payment options continues to grow.

Regulatory Compliance 98

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

Fintech News

DECEMBER 4, 2024

AWS’ cloud solutions provide Grab with the necessary tools to optimise operational costs, enhance security, and improve efficiency, including the use of AWS Clean Rooms for secure and privacy-preserving data collaboration. Furthermore, Grab leverages AWS’ advanced technologies to drive AI-powered innovation.

Fraud Detection 107

Fraud Detection Fraud Prevention AI Processors 107

The Payments Association

MARCH 19, 2025

Banks clinging to outdated systems risk security breaches, regulatory headaches, and lost market sharemodernisation isnt just an upgrade, its a survival strategy. Security & compliance risks: Meeting growing AML, fraud prevention, and regulatory demands is difficult with rigid, outdated infrastructure.

Payment APIs and Integration 88

Payment APIs and Integration Innovation Cross-Border ISO 20022 88

Clearly Payments

NOVEMBER 6, 2024

What is the Payment Processing Market The payment processing market is an ecosystem that enables the secure, efficient transfer of funds from customers to merchants for goods and services. They require secure systems like point-of-sale (POS) terminals , online checkout gateways, or mobile payment solutions to process payments.

Process 105

Process ISOs Credit Cards Online and Mobile Banking 105

The Finance Weekly

JANUARY 5, 2025

Fraud Detection and Prevention With advanced algorithms, the best AI chatbot for finance can identify unusual transaction patterns or potential fraud. These chatbots enhance security and build customer trust by alerting users in real-time. High-level security standards (SOC2, GDPR compliant).

AI 130

AI Finance Automation Non-Bank 130

The Payments Association

FEBRUARY 27, 2025

Our vision is to create a secure, fraud-free digital economy where businesses can grow without fear of chargebacks or fraud. The ultimate solution for chargeback prevention and fraud management Avoided.io Why avoided.io is unique Avoided.io

Fraud Detection 88

Fraud Detection Fraud Prevention Disputes Near Real-Time 88

Fintech News

APRIL 2, 2024

The firm had previously secured US$32 million in a seed round in 2023. Leveraging software and artificial intelligence, it aims to streamline operations such as customer onboarding, financial crime monitoring, fraud detection, and compliance.

Security 106

Security FinTech Fraud Detection Financial Crimes 106

The Payments Association

JANUARY 8, 2025

Businesses need to stay ahead by adapting to new technologies and delivering the seamless, secure experiences customers now demand. AI is already essential for fraud detection, offering real-time monitoring to prevent issues. Beyond security, AI tools help with data analytics and optimising user experiences.

Non-Bank 88

Non-Bank Real Time Payments Instant Payments Payments 88

Stax

MARCH 4, 2025

TL;DR Online payments rely on API or hosted gateways with encryption and fraud detection, while in-store transactions require POS hardware with EMV chip technology and NFC capabilities. From there, configure your settings, and test transactions for security and functionality. Need to integrate payments?

Credit Cards 88

Credit Cards Payment APIs and Integration Payment Gateways Gateways 88

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

Transactions 88

Transactions AI Fraud Detection Cross-Border 88