Seon

MARCH 20, 2024

However, this expansion brings a corresponding need to evolve fraud prevention strategies to keep pace with advancing threats. Fraud’s Path to Escalation The digital age has ushered in a seismic shift in fraud, marked by increased costs and volume of fraudulent activities.

Fraud Prevention 98

Fraud Prevention Assessments Phishing Mitigation 98

Fintech News

FEBRUARY 4, 2025

About 52% of businesses reported a rise in fraud attempts over the past year, with 60% observing an increase in fraudulent activities during peak shopping seasons. A significant 62% of businesses are using AI-driven fraud prevention technologies to enhance security. Photo taken from Adyen Index: Retail Report 2024.

Fraud Prevention 105

Fraud Prevention Phishing Authentication Disputes 105

Fintech Finance

NOVEMBER 21, 2024

ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, have announced that Zimswitch , Zimbabwe’s national electronic payments switch and a leading payments technology company, has chosen ACI’s Fraud Management and Payments Intelligence solution to enhance its fraud prevention and management capabilities.

Fraud Prevention 96

Fraud Prevention Ubiquitous Payments Mitigation 96

The Payments Association

MARCH 11, 2025

SEON , the leader in digital fraud prevention and compliance , has announced the release of its ‘ 2025 Digital Fraud Report ‘ , a global fraud, risk and compliance trend survey highlighting fraud prevention strategies, benchmarking efforts and emerging trends shaping 2025.

Fraud Prevention 88

Fraud Prevention AI Compliance Mitigation 88

Fintech News

MARCH 11, 2025

The newly formalised group operates under Visa’s Payment Ecosystem Risk and Control (PERC) division and prevented more than US$350 million in attempted scams in 2024. This effort is part of Visas broader fraud prevention strategy, which blocked US$40 billion in fraudulent transactions across its network last year.

Scams 108

Scams Blocks Law Enforcement Laws 108

Seon

AUGUST 27, 2024

With fraud losses estimated to cost global businesses billions annually, the need for effective fraud prevention strategies has never been more critical. The webinar discussed the limitations of traditional fraud prevention methods and the necessity of adopting a more proactive, technology-driven approach.

Fraud Prevention 89

Fraud Prevention Risk Money Laundering Continuity 89

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 94

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

The Fintech Times

APRIL 24, 2024

“Building on our innovations in AI and key partnerships, we are supporting financial institutions with insights to better detect and prevent scams, while helping consumers learn how to spot them. Industry collaborations Mastercard has also teamed up with industry partners to tackle scams, mitigate their impact, and educate consumers.

Fraud Prevention 105

Fraud Prevention Visa AI Scams 105

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 Consumer Security Fraud Prevention 98

Fintech Finance

NOVEMBER 19, 2024

Manpreet Haer, CEO and Co-Founder of PayFuture, commented: “Our entry into Pakistan offers businesses a comprehensive solution that combines localised payment integration, currency conversion, and robust fraud prevention. This mitigates the risks often associated with frontier markets.

Cross-Border Payments 98

Cross-Border Payments Cross-Border Regulatory Compliance Fraud Prevention 98

The Payments Association

JANUARY 3, 2025

Balancing fraud prevention with maintaining a good service to customers is a constant struggle. We are investing in new technologies to prevent fraud taking place on our network, he said. The challenge is not just detecting fraud but anticipating its evolution.

Fraud Detection 88

Fraud Detection Fraud Prevention Participant Financial Crimes 88

Fintech Finance

FEBRUARY 5, 2025

Keynote sessions and expert panels will delve into critical themes such as fraud prevention, embedded finance, and sustainability, offering attendees both strategic and practical takeaways. Fraud Prevention and Cybersecurity: Developing robust strategies to mitigate risks in a rapidly digitalising world.

Embedded Finance 62

Embedded Finance Fraud Prevention Payments Cybersecurity 62

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. How Do Velocity Checks Work? The post What are Velocity Checks?

Checks 52

Checks Fraud Prevention Account Takeovers Fraud Detection 52

The Payments Association

DECEMBER 2, 2024

In 2024, payments regulation underwent seismic shifts, with reforms spanning fraud prevention, digital innovation, and consumer protection, collectively redefining the industry’s future. PSPs were required to enhance their fraud detection and prevention systems to mitigate potential losses.

Regulations 88

Regulations Instant Payments Consumer Protection Payments 88

The Fintech Times

MARCH 17, 2025

AI-driven fraud threats are becoming increasingly more and more sophisticated. As a result, organisations are needing to spend more on fraud prevention to counter the developing criminal tactics. As fraud teams grow, though, decision-makers are concerned that fraud is growing faster than revenue.

AI 59

AI Fraud Prevention Transactions Due Diligence 59

Fintech Finance

MARCH 10, 2025

Unlike traditional acquirers, these specialised providers offer customised payment processing, compliance solutions and fraud prevention. The acquiring landscape is also being shaped by the emergence of specialist vertical acquirers, offering industry-specific solutions in high-growth sectors.

Acquirers 66

Acquirers Economy Fraud Prevention Cross-Border 66

The Fintech Times

JANUARY 30, 2025

Keynote sessions and expert panels will also delve into fraud prevention, embedded finance, and sustainability, offering attendees both strategic and practical takeaways. Fraud prevention and cybersecurity: Developing robust strategies to mitigate risks in a rapidly digitalising world.

Returns 64

Returns Embedded Finance Fraud Prevention Payments 64

The Payments Association

FEBRUARY 14, 2025

Open banking enhances competition, consumer choice, and cost efficiency while increasing focus on fraud prevention and consumer protection to support wider adoption. While regulatory compliance may present challenges for firms, it also provides opportunities to mitigate risk, enhance customer trust, and maintain a competitive edge.

Stablecoins 88

Stablecoins Payment APIs and Integration Regulatory Compliance Compliance 88

Fi911

DECEMBER 31, 2024

Implement Secure Payment Solutions : Adopt fraud prevention tools like CVV verification, address verification service (AVS), and 3D Secure to mitigate the risk of unauthorized transactions.

Disputes 93

Disputes Processors Visa Verification 93

The Payments Association

JANUARY 21, 2025

Businesses increasingly leveraged BNPL services to improve cash flow flexibility, while AI played a crucial role in enhancing fraud prevention and transactional security. It also points to generative AI as a future driver for fraud prevention and authentication, enhancing security measures in 2025.

Payments Trends 88

Payments Trends Financial Crimes Cross-Border Payments 88

Finovate

NOVEMBER 14, 2024

Payfinia’s IPX platform will play a key role in the CUSO, helping organizations leverage FedNow to offer instant payments while providing fraud prevention. The CUSO is launching in partnership with Star One Credit Union, which invested $4.5 million in the organization. million in Seed funding. ” said Star One CEO Gary Rodrigues.

Credit Union 59

Credit Union Same Day ACH Credit Union Service Organization FedNow 59

Neopay

DECEMBER 4, 2024

A vital takeaway is this: data protection law does not prevent organisations from sharing personal information if they do so in a responsible, fair, and proportionate manner. Why responsible data sharing matters The UK GDPR and the Data Protection Act 2018 (DPA) support the responsible sharing of personal data when mitigating scams and fraud.

Scams 52

Scams Fraud Prevention Laws Assessments 52

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

Fintech Finance

JUNE 5, 2024

Sumsub will provide its full suite of verification and anti-fraud solutions to secure customers’ onboarding and ongoing compliance journey. Sumsub will expedite customer onboarding processes, mitigate fraud risks and foster trust, ultimately driving growth by enhancing the digital experience for end-users.

Fraud Prevention 52

Fraud Prevention Verification Visa Mitigation 52

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

Fintech News

MARCH 21, 2024

SEON’s multi-layered fraud prevention solution employs machine learning and artificial intelligence to safeguard PayLabo users with transaction monitoring, device fingerprinting, and comprehensive assessments to mitigate unauthorised use. The PayLabo platform has been able to offer this to its users since its launch.

Payment Service Provider (PSP) 112

Payment Service Provider (PSP) Fraud Prevention Cybersecurity Mitigation 112

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?

Scams 88

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

Open Banking Excellence

SEPTEMBER 25, 2024

Agenda Artificial Intelligence & Personalization Fintech Innovations & Strategies Cybersecurity & Risk Management Regulatory Environment & Compliance Topics We Cover Generative AI: Mitigating and Managing Ethical Risks AI in Modern Business Environments: Digital Banking & Trust The Rise of AI powered CX in Finance Generative AI (..)

Regulatory Compliance 130

Regulatory Compliance Fraud Prevention Cybersecurity AI 130

The Payments Association

APRIL 25, 2024

Payall has partnered with Latvian regtech leader Huntli to enhance fraud prevention and transaction monitoring for a broad spectrum of financial institutions, bolstering capabilities in fraud and risk mitigation Read more

Risk Mitigation 88

Risk Mitigation Fraud Prevention Mitigation Risk 88

The Fintech Times

MARCH 27, 2024

Visa has introduced three new AI-powered risk and fraud prevention solutions to enhance security in digital payments. The new products, integrated into the end-to-end Visa Protect suite, aim to diminish fraud across immediate account-to-account and card not present (CNP) payments, as well as transactions both on and off Visa’s network.

Fraud Prevention 59

Fraud Prevention AI Value Added Service Fraud Detection 59

FICO

SEPTEMBER 28, 2020

I’ll be participating in an excellent panel, “ Balancing Fraud Prevention & the Customer Experience ,” at the first virtual edition of CBA LIVE , the must-attend annual event for the retail banking industry. Andy Collins, Fraud Prevention Industry Insights/Industry Relations Executive, Wells Fargo and Company, Inc.

Fraud Prevention 59

Fraud Prevention Fraud Detection Mitigation Compliance 59

Fintech Finance

MARCH 5, 2025

This includes fraud prevention, detection, and mitigation mechanisms, covering both payment issuance and acquisition management, as well as authorisation management. These references highlight the strength and effectiveness of the AI model applied to fraud prevention, now integrated into HPSs payment platform.

Fraud Detection 52

Fraud Detection AI Fraud Prevention Identity Theft 52

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 85

AI FinTech Fraud Detection Fraud Prevention 85

Seon

MAY 23, 2024

across age groups and income brackets, the volume of digital activities and transactions are on the rise – and effective fraud prevention measures have never been more critical to safeguard a business’s bottom line. Safeguard Your Business, Protect Your Future Don’t let fraud drain your resources.

Fraud Prevention 52

Fraud Prevention Deepfake Fraud Detection Authentication 52

The Fintech Times

FEBRUARY 15, 2025

The five-day event saw experts from across the financial market come together to discuss and learn about AI-driven financial services, investment platforms, strategic partnerships, fraud prevention and more. Other announcements Mozn unveiled new AI-powered fraud prevention tools as part of its FOCAL Risk and Compliance platform.

Innovation 64

Innovation Fraud Prevention AI Compliance 64

The Fintech Times

DECEMBER 19, 2024

“With increasingly sophisticated fraud tactics on the uptick, organisations must prepare for stricter AI and compliance rules. Proactive fraud prevention today not only mitigates risk, but also future-proofs operations against costly penalties.”

Automation 59

Automation AI Fraud Prevention Deepfake 59

PYMNTS

DECEMBER 30, 2020

Stopping such fraud can be a tall order, Boyer said, but machine learning (ML) and rules-based analysis can do their parts to bring it to heel. At the core of the fraud prevention system at People’s United is a rules-based analysis program that inspects transactions for signs of debit fraud or other malfeasance.

Fraud Prevention 66

Fraud Prevention Rules Debit Card Data Breach 66