Remove Account Takeovers Remove Financial Crimes Remove Fraud Prevention
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Financial Crime 360 state of the industry report 2025

The Payments Association

The sample reflects the reality of modern financial crime prevention: 66% of respondents operate from the United Kingdom, establishing a strong domestic foundation whilst incorporating international perspectives from 32 additional countries. These ensure data is accurate, accessible and actionable, enabling real-time insights.

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Lynx fraud prevention wins top spot at FSTech Awards

The Payments Association

We’re excited to share that Lynx has won the Anti-Fraud Solution of the Year award at the 2025 FSTech Awards, a celebration of financial services innovation in the UK and EMEA. Financial institutions (FIs) grapple with complex, interconnected fraud and financial crime challenges.

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Backbase and Feedzai Integrate Financial Crime Prevention with Engagement Banking

Finovate

A newly announced strategic partnership between Backbase and Feedzai aims to bring advanced financial crime prevention technology to engagement banking. Feedzai’s Digital Trust is effective against account takeover (ATO) attacks as well as new account fraud attempts during onboarding.

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The platform risk paradox: Managing digital commerce fraud at scale

The Payments Association

Modern platforms operate in an environment where 269 million card records were posted on dark web platforms in 2024 , and friendly fraud accounts for 75% of all chargeback losses. Consequently, the cost of fraud prevention now reaches $4.61 Static, manual-heavy models are no longer viable.

Risk 88
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From account takeover to pig butchering: What SARs data reveals about fraud in 2025

BioCatch

Over the years, I witnessed firsthand the explosion of these crimes, evolving from simple credit card fraud to highly sophisticated global operations. Recent data and case studies underscore the alarming trajectory of these crimes, necessitating heightened vigilance and proactive measures. As a retired U.S.

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As Federal Checks Disappear, Banks Face Surge in ACH Payments and Rising Fraud Risks

Finextra

This concentrated influx of refunds also increases exposure to fraud, as bad actors are likely to exploit the surge through synthetic identities, mule accounts, and account takeovers designed to claim refunds fraudulently. External This content is provided by an external author without editing by Finextra.

ACH 52
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15 Years of Accelerating Business Growth: FinTech Innovation Lab New York Releases Latest Cohort

The Fintech Times

” The 2025 FinTech Innovation Lab New York participants are: ANCHAIN.AI (San Jose, CA) an agentic AI platform that helps financial institutions investigate financial crime, enhance compliance and prevent fraud in digital asset transactions and beyond.