Fintech Finance

FEBRUARY 4, 2025

Worldpay , a global industry leader in payments technology and solutions, today announced it has entered into a definitive agreement to acquire Ravelin , an AI-native fraud prevention platform headquartered in London, UK. KeyBanc Capital Markets served as exclusive financial advisor to Ravelin.

Fraud Prevention 69

Fraud Prevention AI Acquirers Account Takeovers 69

Fintech News

APRIL 6, 2025

Sumsub has launched Sumsub Academy, an educational initiative aimed at empowering professionals in compliance, risk, and fraud prevention. The post Sumsub Academy Launched, Providing Expert-Led Fraud Prevention Courses appeared first on Fintech Singapore. The launch of Sumsub Academy comes at a crucial time.

Fraud Prevention 62

Fraud Prevention Deepfake Travel Rule Continuing Education 62

The Fintech Times

MARCH 19, 2025

The FCA has outlined several options: scrapping limits entirely, allowing payment providers to set their own thresholds based on fraud controls, or raising limits to better reflect inflation and spending habits. Banks know their customers and can strike the right balance between protecting them and giving them fast and secure payment options.”

Contactless Payments 98

Contactless Payments Consumer Security Fraud Prevention 98

Finovate

APRIL 9, 2025

Philippines-based Security Bank has announced a new collaboration with Entrust. Identity-as-a-Service (IDaaS) innovator Entrust has entered into a new collaboration with leading Philippines-based financial institution Security Bank. ” Established in 1951, Security Bank has deployed Entrust’s Onfido Studio platform. .

Security 87

Security Deepfake Verification Fraud Detection 87

Fintech News

DECEMBER 22, 2024

The acquisition is expected to bolster Visa s fraud protection capabilities and enhance security for its customers worldwide. Featurespaces advanced fraud detection and risk-scoring capabilities will be integrated into Visas existing portfolio of fraud prevention solutions.

Fraud Detection 107

Fraud Detection AI Fraud Prevention Value Added Service 107

Fintech News

JANUARY 13, 2025

In 2024, Alterya identified US$10 billion in scam-related transactions and worked with clients to reduce losses and address fraud effectively. security platform, as part of its broader strategy to address illicit financial activities. This acquisition follows Chainalysis’s recent purchase of Hexagate, a Web 3.0

Fraud Detection 122

Fraud Detection AI Acquirers Web 3.0 122

The Payments Association

APRIL 2, 2025

Most respondents (61.5%) saw a rise in the use of AI in online fraud. However, it also holds potential for building security and adaptability in defenses: 60% have adapted AI/ML in fraud prevention, while another 25% plan to do so in the coming months. of respondents already adopting the technology into their processes.

Fraud Prevention 88

Fraud Prevention AI On-Demand Payments 88

Fintech Finance

DECEMBER 19, 2024

This will bolster Visas fraud protection capabilities and enhance security for its customers and consumers worldwide. Visa will add Featurespaces capabilities into its range of fraud prevention and risk-scoring offerings. The Featurespace business will become part of Visas Risk and Identity Solutions business unit.

Fraud Prevention 97

Fraud Prevention Financial Crimes Value Added Service AI 97

Bank Automation

FEBRUARY 3, 2025

The tool processes 143 billion transactions annually and uses generative AI to scan 1 trillion […] The post Mastercard taps gen AI for fraud prevention appeared first on Bank Automation News.

Fraud Prevention 52

Fraud Prevention Visa AI Fraud Detection 52

The Fintech Times

NOVEMBER 16, 2024

Through a recent survey, payabl found that 81 per cent of merchants expect to see growth in digital wallet usage, while 69 per cent expect open banking and instant bank transfers to gain popularity as consumer demand for convenient, secure payment options continues to grow.

Fraud Prevention 59

Fraud Prevention Compliance Regulatory Compliance AI 59

Fintech News

FEBRUARY 26, 2024

Flagright, an AI-native company specialising in Anti-Money Laundering (AML) compliance and fraud prevention, has announced its partnership with SALT, a financial platform aiming to support Small and Medium Enterprises (SMEs) in India and Asia. We are eager to contribute to SALT’s success with our robust security solutions.”

Fraud Prevention 117

Fraud Prevention Compliance Money Laundering AML 117

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.

PCI DSS 86

PCI DSS Security Payment APIs and Integration MFA 86

Fintech News

MARCH 4, 2025

LSEG Risk Intelligence has launched its Global Account Verification (GAV) service in Asia-Pacific and Europe, the Middle East, and Africa, expanding efforts to enhance security in cross-border payments. The expansion comes as regulators tighten rules on fraud prevention and reimbursements.

Verification 105

Verification Risk Accounts Cross-Border Payments 105

Fintech Finance

OCTOBER 3, 2024

This strategic partnership will supercharge Numerated’s lending automation capabilities by combining cutting-edge risk management with advanced automation, providing unparalleled security and efficiency to financial institutions.

Fraud Prevention 97

Fraud Prevention Risk Management Credit Union Automation 97

Fintech News

FEBRUARY 4, 2025

Unlike its regional counterparts, where fraud types like triangulation fraud and account takeover fraud are more common, Singapore has seen a rise in more sophisticated and creative forms of fraud. This form of fraud involves deceptive tactics to steal personal information such as passwords and credit card numbers.

Fraud Prevention 92

Fraud Prevention Phishing Authentication Disputes 92

Fintech News

AUGUST 29, 2024

To further combat fraud, Stripe introduced Radar Assistant, an AI-powered tool that allows businesses to set and test new fraud prevention rules using simple language prompts. The post Stripe Unveils AI-Powered Tools for Payments, Pricing, and Fraud Prevention appeared first on Fintech Singapore.

Fraud Prevention 114

Fraud Prevention AI Cross-Border Cross-Border Payments 114

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

JUNE 10, 2024

This collaboration aims to enhance payment security and efficiency for banks, corporations, and financial institutions on a global scale. Deya Innab “Partnering with iPiD perfectly aligns with our mission to enable safe and secure participation in the global financial economy. said Deya Innab, Eastnets’ Deputy CEO.

Fraud Prevention 114

Fraud Prevention Global Payments Payee Verification 114

Fintech News

DECEMBER 10, 2024

This will enable collaborative intelligence without compromising the privacy or security of sensitive financial data. Shared knowledge enables rapid responses to new fraud trends, ensuring the system remains effective against evolving threats.

SWIFT 111

SWIFT AI Innovation Fraud Detection 111

The Payments Association

MARCH 21, 2025

The Cleafy Fraud Extended Detection and Response (FxDR) platform isnt just another fraud prevention tool; its a shift in how financial institutions think about security. Seeing what others miss Traditional fraud prevention systems have served banks well but werent built for todays attacks.

Fraud Prevention 88

Fraud Prevention Cybersecurity AI Consulting 88

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 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 97

Fraud Prevention Ubiquitous Payments Mitigation 97

Fintech Review

APRIL 20, 2025

It covers the tools, platforms, and strategies that defend against data breaches, fraud, identity theft, and financial disruption. Cybertech refers to the suite of digital tools designed to secure networks, systems, and users from cyber threats. New features can be launched with confidence that systems will remain secure.

Finance 52

Finance Security Fraud Detection Encryption 52

The Payments Association

APRIL 8, 2025

It highlights key trends, such as open banking, tokenisation, and fraud prevention, which are crucial for merchants to remain competitive and secure. The discussion covered a wide range of topics, from the increasing diversification of payment methods to fraud prevention and regulatory concerns. What’s next?

Fraud Prevention 88

Fraud Prevention Instant Payments Alternative Payment Methods Participant 88

Fintech Finance

JANUARY 7, 2025

As part of the collaboration, Checkout.com will integrate its cutting-edge payment technology with noqodis robust digital platform, offering seamless and secure payment solutions. Additionally, Checkout.com’s robust fraud prevention measures and secure payment protocols will ensure the protection of all financial information.

Payment Gateways 98

Payment Gateways Fraud Prevention Payments Gateways 98

The Payments Association

FEBRUARY 26, 2025

While many banks and issuers still use one-time passcodes (OTPs) to protect customers from fraud, modern tools and attack vectors make their days at the office rather easy. Considering that APP fraud cost the UK economy approximately 459.7 million in 2023, the payments ecosystem still needs stronger security measures.

Authentication 88

Authentication Risk Fraud Prevention Compliance 88

Fintech Finance

MARCH 24, 2025

Inclusive global payments platform, Ecommpay , has been named a finalist in four categories at the 20 th annual awards organised by Retail Systems: Innovative Payment Solution of the Year, Payments System of the Year, Payments Innovation Award and Fraud Prevention Solution of the Year.

Fraud Prevention 85

Fraud Prevention Payment Solutions Innovation Global Payments 85

The Payments Association

FEBRUARY 20, 2025

Yet, recent research from Mastercard shows 71% of consumers would stop doing business with a company after experiencing fraud on their app or website. So, how do financial services find the perfect balance between exceptional customer experience and robust fraud prevention? Get ready for the biggest virtual boxing match of 2025!

Fraud Prevention 88

Fraud Prevention Payments On-Demand Visa 88

The Fintech Times

MARCH 28, 2025

By accounting for these differences, organisations that use the solution can adapt their fraud prevention strategies to specific local risks, strengthening security and promoting financial inclusion. Creditinfo has appointed Rob Meakin as director of fraud and identity to head up this service.

Financial Crimes 76

Financial Crimes Crime Fraud Prevention Due Diligence 76

Segpay

DECEMBER 9, 2024

Thankfully, after adding new security measures, the merchant was able to resume operationsbut not without a significant loss of time and money. What to Look For: Spotting Fraud Before It Strikes You may wonder, how do you know if your business is under attack? The result?

Shutdown 105

Shutdown Gateways Fraud Prevention Authorization 105

The Payments Association

FEBRUARY 10, 2025

The Economic Crime and Corporate Transparency Act 2023, specifically the “failure-to-prevent fraud” offence, and outlines how businesses can mitigate fraud risks. Firms must be required to have fraud prevention policies in place and demonstrate their effectiveness. Why is it important?

Crime 88

Crime Fraud Prevention Risk Assessment Due Diligence 88

Fintech News

FEBRUARY 5, 2025

By integrating with DVS, Sumsub ensures compliance with local anti-money laundering (AML) and Know Your Customer (KYC) regulations while reducing fraud and streamlining onboarding through automation. This integration allows both new and existing clients to verify Australian users more efficiently while enhancing security.

Verification 66

Verification Checks Security Identity Theft 66

The Payments Association

DECEMBER 19, 2024

Dialect, the payments specialist business outsource provider and Synalogik , the data aggregation and fraud prevention platform, are pleased to announce their new strategic partnership. Together, we’re setting a new standard for excellence and innovation in the fight against fraud.

Fraud Prevention 88

Fraud Prevention Money Laundering Financial Crimes AML 88

The Fintech Times

MARCH 12, 2025

A new partnership has been announced between Swedish embedded finance provider Intergiro and SEON , the digital fraud prevention and compliance firm, to improve security in the former’s embedded finance ecosystem and combat growing cyber threats.

Embedded Finance 72

Embedded Finance Finance Deepfake Payment APIs and Integration 72

Fintech News

OCTOBER 21, 2024

Singapore-based regtech firm Tookitaki has secured funding from True Global Ventures (TGV) Opportunity Fund. This funding will support Tookitaki’s expansion across key Asian markets and bolster its financial crime prevention technology. The sum was not disclosed.

Financial Crimes 136

Financial Crimes Security Crime Cross-Border Payments 136

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 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