The Fintech Times

MARCH 31, 2025

As cross-border transactions grow in Europe, the cloud-based financial crime management technology solutions provider, Nasdaq Verafin has revealed that these payment channels are opening up more passageways for fraud to take place, as $194.9billion was moved across borders in 2023; more than a quarter of the total fraud figure in 2023 ($750billion).

Cross-Border 64

Cross-Border Addressing Financial Crimes Elder Abuse 64

The Payments Association

MAY 21, 2025

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. The results are clear.

Fraud Prevention 88

Fraud Prevention Fraud Detection Financial Crimes Crime 88

The Payments Association

DECEMBER 9, 2024

The dual impact of generative AI on payment security, highlighting its potential to enhance fraud detection while posing significant data privacy risks. From fraud detection to customer support, AI-driven solutions are revolutionising how payments are processed and safeguarded. What is this article about?

Privacy 88

Privacy Payment Security AI Security 88

The Payments Association

DECEMBER 10, 2024

The article explores the growing threat of AI-enabled fraud in the payments sector and how firms can combat it with advanced technologies. It highlights the urgent need for payments firms to address AI-driven fraud to protect financial security, maintain customer trust, and comply with regulations. Why is it important?

AI 88

AI Fraud Detection Fraud Prevention Deepfake 88

The Payments Association

JANUARY 3, 2025

Fraud unveiled: Key takeaways from merchant roundtable discussion January 3 2025 by Payments Intelligence LinkedIn Email X WhatsApp Whats the article about? A roundtable discussion among merchants addressing the evolving challenges of fraud in their operations across various sectors. Why is it important?

Fraud Detection 88

Fraud Detection Fraud Prevention Participant Financial Crimes 88

The Payments Association

JANUARY 21, 2025

Payments Report 2024 As the global payments ecosystem undergoes a period of rapid transformation, the Payments Report 2024 serves as an essential resource for industry leaders navigating shifting trends, emerging technologies, and dynamic consumer behaviour.

Payments Trends 88

Payments Trends Financial Crimes Cross-Border Payments 88

Fintech News

MARCH 24, 2025

Cryptocurrency fraud is declining in Asia-Pacific (APAC), driven by advanced technology adoption and stricter regulatory oversight. According to a new report by Sumsub, crypto fraud rates declined by a remarkable 23% between 2023 and 2024, positioning APAC as a leader in combating crypto fraud. in 2023 to 2% in 2024.

APACS 92

APACS Verification Money Laundering Fraud Detection 92

The Payments Association

FEBRUARY 4, 2025

Their strategic collaboration will integrate PXPs next-generation payment technology with Net Affinitys advanced booking platform, enabling hotels to streamline reservations and payments in one unified solution. ” For PXP, this partnership opens up new opportunities within the hospitality sector.

Fraud Detection 88

Fraud Detection Payments Security Transactions 88

Finovate

APRIL 8, 2025

Hawk’s technology empowers banks to move beyond traditional, rules-based anti-money laundering and fraud fighting methods that often produce a sizable number of false positives that require human review and intervention. ” In February, the company appointed Ben Pannier as Chief Technology Officer.

Financial Crimes 71

Financial Crimes Crime Money Laundering Fraud Detection 71

The Payments Association

FEBRUARY 3, 2025

By integrating real-time data sharing, artificial intelligence, and advanced fraud detection tools, avoided.io offers a comprehensive solution to address one of the most pressing issues in modern payments. Real-time fraud detection and prevention: Avoided.io Avoided.io Key features and services of Avoided.io

Fraud Prevention 100

Fraud Prevention Disputes Fraud Detection Card Network Rules 100

The Payments Association

JUNE 16, 2025

Key findings from the survey In a recent survey (The Harmony Gap Report from FIS & Oxford Economics) of 1,000 senior business and technology leaders from large organisations in the U.S., Financial technology investment priorities To address these challenges, organisations are prioritising investments in financial technology.

Embedded Finance 88

Embedded Finance AI Cybersecurity Addressing 88

The Payments Association

OCTOBER 28, 2024

While banks and payment providers are making strides in fraud detection and prevention, the report stresses the need for more robust collaboration with technology and telecom sectors. While it offers immediate relief to victims, it doesn’t address the root cause : stopping fraud at the source.

Scams 88

Scams Push-to-Card Fraud Detection Online and Mobile Banking 88

The Payments Association

APRIL 8, 2025

SNEAK PEEK: Fraud unveiled: Key takeaways from merchant roundtable discussion January 3 2025 by Payments Intelligence LinkedIn Email X WhatsApp Whats the article about? A roundtable discussion among merchants addressing the evolving challenges of fraud in their operations across various sectors. Why is it important?

Fraud Detection 88

Fraud Detection Fraud Prevention Scams Participant 88

Fintech Finance

AUGUST 15, 2024

Sionic , a leading provider of real-time, Pay-by-Bank Commerce (PbBC) services, today announced the launch of its comprehensive fraud detection and mitigation service built exclusively for real-time, bank-to-bank payments at checkouts, whether online, mobile or in-store.

AI 97

AI Fraud Detection Technology Real Time Payments 97

Fintech Finance

NOVEMBER 14, 2024

A majority of respondents (59%) noted that consumer demand for convenience is the top driver of innovation, followed by advances in technology (52%) and regulatory changes (49%), underscoring the competitive advantage of seamless, user-friendly payment solutions.

Payment APIs and Integration 98

Payment APIs and Integration Regulatory Compliance Fraud Prevention Cross-Border Payments 98

The Payments Association

JUNE 11, 2025

Consequently, the cost of fraud prevention now reaches $4.61 for every $1 of actual fraud incurred, intensifying the trade-off between safeguarding the platform and maintaining scale. Understanding and addressing the complex fraud ecosystem is now essential for UK platforms operating in an increasingly hostile digital environment.

Risk 88

Risk Fraud Prevention Fraud Detection Payment APIs and Integration 88

The Payments Association

JUNE 9, 2025

While the previous RTGS system served the UK market effectively for many years, it had become increasingly constrained by fast-moving developments in payment technology, shifting user expectations, and emerging cyber threats. It addresses growing needs for resilience, speed, and innovation across the payments landscape.

ISO 20022 88

ISO 20022 Payment APIs and Integration ISOs Interoperability 88

The Payments Association

MAY 16, 2025

Modern payment orchestration platforms (POPS) have evolved into critical infrastructure for digital businesses, delivering strategic capabilities that address performance, compliance, customer experience, and revenue optimisation. Why is this topic important? This supports robust risk management strategies.

Transactions 88

Transactions PCI DSS Payments Multi-Currency 88

Finextra

JUNE 6, 2025

However, as the industry flourishes, so inevitably do the risks ranging from fraud to late payments. PayPal’s BNPL solution, Pay in 4, incorporates sophisticated fraud prevention technology and machine learning models to assess creditworthiness quickly. Further the global market is forecast to grow at a CAGR of 10.2%

BNPL 52

BNPL Technology Payment APIs and Integration AI 52

The Fintech Times

NOVEMBER 16, 2024

Fifty-nine per cent of respondents noted that consumer demand for convenience is the top driver of innovation, followed by advances in technology (52 per cent) and regulatory changes (49 per cent). The findings highlight the industry-wide shift toward faster, more adaptable payment methods that meet consumer expectations.

Fraud Prevention 59

Fraud Prevention Compliance Regulatory Compliance AI 59

The Payments Association

FEBRUARY 10, 2025

Payment Service Providers must strengthen due diligence, monitoring, and collaboration with regulators to address these risks. Partnering with regional providers, leveraging AI for fraud detection, and conducting regular audits will ensure compliance, transparency, and operational excellence. What’s next?

IBAN 88

IBAN AML Master Account Due Diligence 88

Fintech Review

APRIL 20, 2025

In todays financial ecosystem, technology drives nearly every transaction. This is where cybertech comes in, the application of advanced cybersecurity technologies to protect digital finance. It covers the tools, platforms, and strategies that defend against data breaches, fraud, identity theft, and financial disruption.

Finance 59

Finance Security Fraud Detection Encryption 59

Fintech News

NOVEMBER 12, 2024

To address this, stakeholders including NETS Group and Liquid Group are working on interoperable QR payment solutions that are designed to simplify processes for merchants, Chia said. GFTN represents the next phase of Singapore’s fintech journey, Menon said, and aims to harness technology and foster innovation through global partnerships.

FinTech 109

FinTech Cross-Border Payments Cross-Border Payment APIs and Integration 109

Fintech News

APRIL 24, 2025

In this article, we take a closer look at Asias fintech unicorns, exploring how theyre changing the game, rethinking old models, and helping position the continent as a global powerhouse in financial technology. provides enterprise-grade KYC and fraud management tools, and Ginee offers a comprehensive SaaS platform for merchant services.

FinTech 138

FinTech Online and Mobile Banking Payment APIs and Integration Push-to-Card 138

PYMNTS

OCTOBER 8, 2020

But GeoGuard CEO David Briggs told Karen Webster in a recent conversation that FIs could eliminate most fraudulent transactions with the proper use of a readily available and proven technology – geolocation checking. He said banks and payment processors already have this technology on hand – they’re just not using it correctly. . “If

Checks 106

Checks Addressing Online and Mobile Banking Crime 106

Fintech News

APRIL 25, 2025

In the past year, digital document forgeries, often created with generative AI (genAI), increased by a staggering 244%, according to Entrusts 2025 Identity Fraud Report. Deepfakes now account for 40% of all biometric fraud detected. Similarly, Signicats 2024 report on AI-Driven Identity Fraud found that 42.5%

Deepfake 97

Deepfake APACS Account Takeovers Verification 97

The Payments Association

JANUARY 13, 2025

Stronger fraud detection and better industry collaboration are needed to protect consumers The Payment Systems Regulator’s (PSR) findings in its December’s Unmasking how fraudsters target UK consumers in the digital age report reveal a stark picture of the growing threat posed by authorised push payment (APP) scams.

Scams 88

Scams Romance Scams Phishing Volume 88

Fintech News

JANUARY 13, 2025

While some technological solutions are available, none have fully reduced the burden on finance managers. Fraud detection is yet another area where AI can be a true ally. AI-powered algorithms can detect patterns in financial transactions that may indicate fraudulent activity.

AI 123

AI Finance Automation SWIFT 123

Fintech News

MARCH 17, 2025

Thus, attending key events within the fintech sector can help to provide valuable insights, networking opportunities, and exposure to cutting-edge financial technologies. The event focuses on cohesive innovation, bringing together policymakers, startups, and corporate leaders to address industry challenges and drive Indias fintech growth.

FinTech 88

FinTech Cybersecurity AI Financial Inclusion 88

Fintech News

FEBRUARY 10, 2025

The financial services industry has consistently led the way in embracing technological advancements, with Generative AI (GenAI) emerging as a transformative force in recent years. GenAI has contributed significantly to analysing vast datasets and enhancing customer interactions through chatbots and personalised services.

AI 84

AI FinTech Fraud Detection Fraud Prevention 84

The Fintech Times

JULY 19, 2024

The Monetary Authority of Singapore (MAS) has committed an additional S$100million to support the development of quantum and artificial intelligence (AI) technologies in the financial sector. Quantum technology is poised to significantly impact the financial industry.

AI 129

AI Fraud Detection Use Case Scams 129

The Fintech Times

DECEMBER 9, 2024

“Implementing comprehensive risk management strategies and diversifying technological dependencies are essential steps to mitigate the impact of unforeseen incidents, thereby maintaining the stability and reliability of payment systems. ” Unattended retail and smart building technologies are gaining traction.

Payment APIs and Integration 102

Payment APIs and Integration Online and Mobile Banking Financial Inclusion AI 102

Nomentia

FEBRUARY 20, 2024

Artificial Intelligence (AI) and Machine Learning (ML) are two technologies that have been widely discussed in recent years. These technologies are particularly useful in situations where there are many time-consuming and manual tasks, or where there is a large amount of data to analyze.

Fraud Detection 59

Fraud Detection Use Case AI Payments 59

The Payments Association

JUNE 16, 2025

A survey of 125 UK retail merchants exploring how payment innovation, customer behaviour, and emerging technologies are shaping retail competitiveness. It shows that forward-thinking merchants using diverse, strategic payment solutions gain clear advantages in cost control, fraud prevention, and customer experience.

Innovation 88

Innovation Cross-Border Fraud Prevention Payments 88

The Payments Association

FEBRUARY 10, 2025

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.

Crime 88

Crime Fraud Prevention Risk Assessment Due Diligence 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. The findings show that it’s technically possible, but with significant challenges surrounding fraud detection, data sharing, and usability. Why is it important? What’s next?

Settlement 88

Settlement CBDC Payment APIs and Integration Privacy 88

The Payments Association

APRIL 7, 2025

It underscores the critical need for advanced technologies, regulatory compliance, and comprehensive strategies to effectively combat financial crime and safeguard the financial ecosystem What’s next? Key findings reveal that fraud remains the foremost concern, with identity fraud being the most common type encountered.

Financial Crimes 88

Financial Crimes Crime AML Fraud Prevention 88