The Payments Association

DECEMBER 10, 2024

With payment systems becoming more digital and interconnected, the risk of AI-driven fraud grows, urging payments firms to adopt cutting-edge solutions to protect themselves and their customers from these emerging threats. fingerprints, facial recognition), and behavioural biometrics (e.g., keystroke dynamics or mouse movements).

AI 88

AI Fraud Detection Fraud Prevention Deepfake 88

The Payments Association

JUNE 11, 2025

The scale of the threat Fraud in digital commerce is no longer a marginal loss—it is a systemic, expanding threat. UK card fraud alone reached £396 million in 2022, with friendly fraud responsible for most chargebacks. Global e-commerce fraud is projected to surpass $100 billion by 2029. CAGR from 2025 to 2030.

Risk 88

Risk Fraud Prevention Fraud Detection Payment APIs and Integration 88

The Payments Association

JUNE 16, 2025

Under the voluntary Contingent Reimbursement Model (CRM) Code, only a limited number of firms committed to reimbursing victims, and the rates varied sharply—TSB reimbursed 91% of APP fraud losses in 2022, while AIB Group reimbursed just 10%, according to PSR data. Meanwhile, fraud techniques have continued to evolve at pace.

Scams 88

Scams Assessments Consumer Protection Fraud Prevention 88

Fintech News

APRIL 7, 2024

In the contemporary digital world, the proliferation of deepfake technology and generative AI heralds an era fraught with online scam challenges, notably within the financial sector in Asia. Economic Ramifications of Deepfake Scams The global impact of impersonation scams can be far-reaching, and expensive.

Deepfake 135

Deepfake Scams Fraud Detection Verification 135

The Fintech Times

SEPTEMBER 11, 2024

AU10TIX, a company specialising in identity verification and management, also reveals significant vulnerabilities in the Asia-Pacific (APAC) region, where financial-related identity fraud has been escalating. Bots and deepfakes The rise of bots using deepfake technology to create convincing fake profiles poses an additional challenge.

Bots 59

Bots Deepfake Automation APACS 59

The Fintech Times

AUGUST 13, 2024

Em Conversa looks to uncover what the future of fintech could look like in the region, following a $2.1billion valuation in 2022. Identifying fraud in the age of artificial intelligence (AI) is much harder than it ever has been before. How do the Latin American AI and anti-fraud sectors compare to that of the rest of the world?

AI 59

AI Fraud Detection Fraud Prevention Phishing 59