The Payments Association

JANUARY 21, 2025

Table of Contents Voices from the industry: Insights into the 2024 payments landscape In 2024, we witnessed a convergence between consumer and B2B payments, driven by the rise of BNPL adoption, AI-powered fraud detection, and the continued digitalisation of payment platforms.

Payments Trends 88

Payments Trends Financial Crimes Cross-Border Payments 88

VISTA InfoSec

MARCH 25, 2025

CREST membership is an important recognition as it implies that the organization that is accredited meets the strict standards for addressing complex cybersecurity challenges and is adhering to best practices in security testing. Why should I choose a CREST-accredited provider? How often should penetration testing be conducted?

Cybersecurity 130

Cybersecurity Accreditation PCI DSS Assessments 130

The Payments Association

JUNE 3, 2025

The necessity of tokenisation in digital payments The traditional view of tokenisation as a fraud mitigation tool is outdated. While still central to security, modern tokenisation addresses broader demands: interoperability across platforms, reduced operational costs, and improved customer experience.

Security 88

Security Payment Security Payment APIs and Integration Credential 88

Payments Dive

JUNE 30, 2025

Skip to main content CONTINUE TO SITE ➞ Dont miss tomorrows Payments industry news Let Payments Dives free newsletter keep you informed, straight from your inbox. Sign up A valid email address is required. Sign up A valid email address is required. Sign up A valid email address is required. You can unsubscribe at anytime.

Card Services 97

Card Services Value Added Service Privacy Push-to-Card 97

The Payments Association

JANUARY 3, 2025

A roundtable discussion among merchants addressing the evolving challenges of fraud in their operations across various sectors. On 19 November 2024, merchants from across sectors gathered in London as part of The Payments Associations Financial Crime 360 (FC360) series to address the ever-evolving challenge of fraud in their operations.

Fraud Detection 88

Fraud Detection Fraud Prevention Participant Financial Crimes 88

Cardfellow

JUNE 25, 2025

Non-Receipt of Cash or Load Transaction Value Mastercard Chargeback Reason Codes Mastercard continues to have a long list of possible reason codes, as follows. Use Address Verification Service (AVS) Consider using the Address Verification Service anti-fraud tool. The individual codes are: 10.1: Visa Fraud Monitoring Program 11.1:

Disputes 98

Disputes Credit Cards Card Association Acquirers 98

FloQast

JANUARY 22, 2025

As we continue to push the boundaries in the AI space , our AI-powered tools help accounting teams do more with lessenhancing decision-making, uncovering insights, and reducing repetitive tasks through intelligent automation. We identified areas needing improvement, prioritized them, and allocated resources to address gaps.

ISOs 105

ISOs AI Accounts Audit 105

The Fintech Times

DECEMBER 9, 2024

Mike Camerling, CEO, Aevi Mike Camerling , CEO said: “The incident has underscored the critical need for resilience, especially in industries like payments, where operational continuity and consumer trust are paramount. ” EV payment anxiety continues to be a concern. How should businesses address this?

Payment APIs and Integration 102

Payment APIs and Integration Online and Mobile Banking Financial Inclusion Push-to-Card 102

Fintech News

APRIL 25, 2025

Overall, 70% of organizations believe that investing heavily in technology solutions is the best way to mitigate the financial risk of identity fraud, with 74% planning to invest more in identity verification in the future. Early adopters of advanced identity verification technologies are already seeing results.

Deepfake 101

Deepfake APACS Account Takeovers Verification 101

The Fintech Times

JANUARY 21, 2025

But, as it becomes increasingly complex in order to keep pace with criminals, businesses must respond accordingly to ensure they are able to grow and continue to deliver excellent customer service. Organisations that have embraced these solutions are better equipped to navigate evolving regulations and mitigate risks.”

Regulations 72

Regulations Financial Crimes Money Laundering Crime 72

Stax

JANUARY 23, 2025

The primary purpose of merchant account underwriting is to mitigate risks for payment processors and credit card networks. Addressing historical issues: Merchants with past chargebacks, disputes, or poor credit histories may struggle to gain approval and need to demonstrate improvements. What is the Purpose of Merchant Underwriting?

Underwriting 68

Underwriting PCI DSS Money Laundering Processors 68

Neopay

DECEMBER 24, 2024

In today’s increasingly digital world, fraudsters continue to adapt and exploit vulnerabilities, with Authorised Push Payment (APP) scams posing one of the most significant threats to consumers. Proactive prevention: Platforms must take responsibility for monitoring and addressing fraud risks to stop scams at their source.

Romance Scams 52

Romance Scams Scams Consumer Audit 52

EBizCharge

MARCH 18, 2025

So, it’s crucial to monitor and address any security issues that may arise. 4 security challenges of credit card processing With the increasingly digital payment landscape, security threats continue to evolve to target sensitive information such as payments.

Credit Cards 52

Credit Cards Process Security Data Breach 52

Fi911

JUNE 20, 2025

The scale continues expanding as fraudsters refine their methods. These synthetic identities often use valid Social Security numbers belonging to children or individuals without credit histories, combined with fictitious names and addresses. Customer Identification Program rules need updating to address synthetic identity challenges.

Identity Theft 52

Identity Theft Verification Database Authentication 52

Fintech Finance

MARCH 19, 2025

It also explores how emerging technologies such as SoftPOS can help mitigate these obstacles, enabling broader acceptance of QR code-based faster payments across industries. This report provides valuable insights into the usability factors that must be addressed to enhance the consumer and merchant experience and accelerate adoption.

Faster Payments 129

Faster Payments Instant Payments FPC Point-of-Sale (POS) 129

The Fintech Times

MARCH 14, 2025

CPoI will open up internet purchases to all ages and give consumers the highest level of protection when shopping online, whilst revolutionising online commerce for merchants by mitigating fraud, setting a new standard for secure online transactions.” ” Tackling false positives Fraud isn’t the only issue CPoI will address.

Finance 59

Finance Payments Blocks Mitigation 59

The Payments Association

JULY 15, 2025

Questions address both immediate challenges (fraud prevention, regulatory compliance, technology readiness) and forward-looking opportunities (AI implementation, collaborative defence strategies, regulatory evolution). Modern fraud prevention extends beyond loss mitigation itself.

Financial Crimes 88

Financial Crimes Crime Fraud Prevention Deepfake 88

Fi911

FEBRUARY 26, 2025

Control Objective 6: Maintain an Information Security Policy Maintain a Policy That Addresses Information Security for Employees and Contractors: Train staff on the importance of securing cardholder data and outline clear policies to follow. Continually assess and refine your systems to address evolving threats.

PCI DSS 59

PCI DSS Compliance MFA Assessments 59

EBizCharge

MARCH 14, 2025

These policies should also include phone numbers, email addresses, and physical store locations (if applicable). For online purchases, businesses may also require customers to return items using the same account or email address used for the original order. Refunds are not prorated after the renewal date.

Returns 52

Returns Disputes Legal Non-Bank 52

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. This article explores the key provisions of the Act, the risks businesses must address, and the steps required to mitigate potential liabilities.

Crime 88

Crime Fraud Prevention Risk Assessment Due Diligence 88

Fintech News

FEBRUARY 10, 2025

Unlike GenAI, which operates within predefined parameters, Agentic AI systems possess the capability to make independent decisions, learn from real-time data, and autonomously execute complex tasks without continuous human oversight. From fraud prevention to financial inclusion, its applications are vast and impactful.

AI 88

AI FinTech Fraud Detection Fraud Prevention 88

The Fintech Times

MARCH 28, 2025

Their expertise in mitigating bank rejections and commitment to improving acceptance rates have allowed us to provide our customers with a frictionless, reliable payment experience. This collaboration is addressing key pain points in our payment journey and enabling our continued growth and success.

Process 71

Process Payments Mitigation Payments Tools 71

The Payments Association

DECEMBER 10, 2024

It highlights the urgent need for payments firms to address AI-driven fraud to protect financial security, maintain customer trust, and comply with regulations. This allows them to automate attacks and continuously adapt their tactics in real time, staying one step ahead of static security protocols. Why is it important?

AI 88

AI Fraud Detection Fraud Prevention Deepfake 88

Fintech News

DECEMBER 22, 2024

In 2024, Singapore continued to solidify its position as a global fintech leader. Finally, the fintech startup ecosystem continued to diversify, a trend which is evident in the rapid growth of Web 3.0, However, these bilateral linkages are resource-intensive, a challenge thats being addressed through Project Nexus.

FinTech 115

FinTech Cross-Border Payments Cross-Border Money Laundering 115

The Payments Association

MARCH 5, 2025

trillionregulators continue to strengthen AML requirements in response to evolving financial crime risks, urging financial institutions to reinforce their risk management frameworks and adopt effective compliance measures. Offers adaptable watchlist management, enabling business users to modify screening logic in real time.

Financial Crimes 88

Financial Crimes AML Crime Risk 88

The Payments Association

NOVEMBER 25, 2024

Banks continue to sever ties with MSBs like PFS without individualised assessments, often citing AML concerns or geopolitical risks associated with countries like Iran. By undermining regulated channels, de-risking paradoxically amplifies the very threats it aims to mitigate.

Risk 88

Risk Financial Crimes AML Financial Inclusion 88

The Payments Association

JUNE 16, 2025

The policy does nothing to address the prevention of economic crime and, it is now widely understood, here and abroad, that a whole ecosystem approach including social media companies, technology companies and telcos is required rather than simply penalising financial institutions." The future fight against APP fraud is helped by technology.

Scams 88

Scams Assessments Consumer Protection Fraud Prevention 88

Fintech News

JULY 21, 2025

Strengthening GenAI Cyber Risk Education In July 2024, MAS issued an information paper to help financial institutions better understand the cyber risks linked to GenAI, including risk implications and mitigation measures. Next, in parallel with innovation, MAS continues to drive home the importance of digital trust.

FinTech 71

FinTech Scams AI Risk 71

Stax

NOVEMBER 14, 2024

These can include terminal fees, early termination fees, setup fees, reprogramming fees, PCI compliance fees, address verification fees, chargeback and retrieval fees, and payment gateway fees. To Conclude As you continue to learn and search for the best credit card processing company for your business, we encourage you to let us help.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Payment APIs and Integration 88

The Payments Association

JUNE 16, 2025

It highlights major trade-offs in security, privacy, and policy that must be addressed before offline CBDC payments can scale. Continued collaboration is essential to ensure security, usability, and trust in this evolving financial innovation. Retailers and service providers may favour synchronous models to mitigate payment disputes.

Settlement 88

Settlement CBDC Payment APIs and Integration Privacy 88

The Fintech Times

FEBRUARY 28, 2025

This means continuously updating and retraining their AI models to stay ahead of malicious actors. Addressing these challenges is crucial for AIs responsible and sustainable integration in the fintech landscape. Contracts need to address AI-specific risks to avoid leaving organisations vulnerable.

AI 97

AI Best Practices Regulations Risk 97

Fintech News

NOVEMBER 27, 2024

The need for such solutions is critical as blockchain-related crime continues to rise. By integrating Elliptic’s cutting-edge blockchain analytics with Sumsub’s trusted verification and compliance platform, we’re empowering businesses to proactively address risks, protect their users, and stay ahead of regulatory demands.”

Crime 116

Crime Financial Crimes Travel Rule Blockchain 116

Stax

MARCH 11, 2025

You must set up a cryptocurrency wallet to accept digital currency and also implement a medium for customers to provide their own wallet address and the payment amount they are sending. Good providers will equip you with advanced fraud detection tools and robust mechanisms for reducing and preventing chargebacks. Kitts and Nevis, St.

Online Payment Processing 88

Online Payment Processing Process Payment Gateways Online and Mobile Banking 88

Fintech Finance

MAY 20, 2025

Meanwhile, consumer confidence fell to a 14-month low in April, driven by the cost-of-living crisis and continued volatility in global markets. Chargebacks911 urges UK businesses to adopt a proactive, data-driven approach to mitigating chargeback fraud. In Q1 2025, GDP stagnated, inflation remains persistently high at 3.5%

Consumer 75

Consumer Disputes Audit Mitigation 75

Clearly Payments

NOVEMBER 18, 2024

Effective chargeback management mitigates these risks while protecting your bottom line and customer relationships. Customer Support Specialists Responsibilities: Address disputes proactively by resolving customer concerns before they escalate to chargebacks. Include all required documentation, adhering to card network guidelines.

PCI DSS 59

PCI DSS Address Verification System (AVS) Disputes Card Network Rules 59

Fintech Review

APRIL 3, 2025

CFD trading requires continuous adaptation to market dynamics, said Eduard Becker. Outlook on CFD Trading and Regulatory Considerations Both strategists anticipate that AI adoption and automation will continue to influence the evolution of CFD trading through 2025.

AI 52

AI Risk Management Risk Assessment Assessments 52

Evolve Payment

JULY 15, 2025

Regular security audits and maintenance are required to ensure continued protection, adding to ongoing operational costs. The Promise of Electronic Payments Electronic payment solutions offer a viable alternative to cash, mitigating many of the risks and challenges associated with it.

Cash Management 52

Cash Management Reconciliation Payments Audit 52