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Merchant Underwriting: What It Is, How It Works, and Why It’s Important

Stax

The merchant underwriting process is a critical step that payment processors and financial institutions use to assess the risk associated with onboarding new businesses. Key steps include application review, risk assessment, credit checks, and compliance verification. Learn More What is Merchant Account Underwriting?

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The rise of generative AI in payment security: A double-edged sword for data privacy

The Payments Association

It underscores the need for payment firms to balance AI innovation with robust privacy and regulatory compliance to protect sensitive consumer data. Firms must adopt transparent AI practices, enhance regulatory frameworks, and continuously train models to navigate the evolving landscape of AI-driven threats. Why is it important?

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Beyond KYC: How Technology is Transforming the Fraud Prevention Game

Fintech News

Built around documentation verification and static data checks, these processes are essential for regulatory compliance. For example, a user with a long-standing email address linked to multiple online services and social profiles is far less likely to be a fraudster than one with a recently created, untraceable account.

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Build vs buy? Strategic decisions in financial crime management

The Payments Association

The reality is that building an effective transaction monitoring system requires a profound understanding of regulatory compliance, technological integration, and operational functionality. Armstrong emphasises that compliance officers need to address any information asymmetries that might exist. have 10-14 years.

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Financial Crime 360 state of the industry report 2025

The Payments Association

The methodology combines quantitative analysis of threat patterns with qualitative assessment of strategic responses. Questions address both immediate challenges (fraud prevention, regulatory compliance, technology readiness) and forward-looking opportunities (AI implementation, collaborative defence strategies, regulatory evolution).

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Economic Crime and Corporate Transparency Act examined: A guide to avoiding failure-to-prevent fraud measures

The Payments Association

It highlights new corporate responsibilities, significant penalties for non-compliance, and the businesses need to implement strong fraud prevention measures to protect their financial and reputational standing. Compliance requires proactive fraud risk assessment, the implementation of preventive procedures, and a culture of accountability.

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Driving Efficiency in Loans Against Mutual Funds with Tailored Loan Management System (LMS)

M2P Fintech

Addressing Key Obstacles in LAMF Despite its benefits, the LAMF as a sector grapples with significant hurdles. Credit Assessment: Assessing the credit line based on an approved list of securities is essential for determining borrower eligibility and for mitigating risks associated with lending against mutual funds.