Finovate

MARCH 19, 2025

The integration of Sumsub’s compliance solutions will help financial institutions deal with the growing threat of fraud and financial crime. This includes a global, fourfold increase in AI-driven deepfake scams. This will enable them to onboard customers faster and comply with international KYC/AML regulations.

Fraud Prevention 96

Fraud Prevention Fraud Detection Payment APIs and Integration Verification 96

The Payments Association

APRIL 7, 2025

Continued investment in innovative fraud detection technologies and adaptive regulatory frameworks is essential to stay ahead of evolving financial crime threats. 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

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

Stax

APRIL 3, 2025

Its also great for small businesses because it can eliminate many headaches associated with Know Your Customer (KYC) requirements, Anti-Money Laundering (AML) regulations, application processing, and underwriting. As online transactions increase, so does the risk of fraud. This token is used in place of the actual payment data.

Payment Solutions 88

Payment Solutions Payment APIs and Integration Payment Gateways Gateways 88

The Payments Association

MAY 16, 2025

Additionally, orchestration platforms deploy AI-powered fraud detection tools to analyse real-time behavioural data, enabling them to flag suspicious activity proactively. Payment orchestration platforms incorporate advanced tokenisation, replacing sensitive cardholder data with non-sensitive tokens.

Transactions 88

Transactions PCI DSS Payments Multi-Currency 88

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). Coupled with a culture of innovation and trust, this drives effective, customer-centred fraud prevention."

Financial Crimes 88

Financial Crimes Crime Fraud Prevention Deepfake 88

Fintech Finance

APRIL 1, 2025

The paper entitled How to Solve Banks’ Legacy System Challenges While Controlling Risk suggests that this unnecessary expense is hindering innovation and digital transformation and presents a groundbreaking AI-enabled solution that allows banks to modernize without excessive risk.

ISO 20022 59

ISO 20022 Innovation Fraud Detection AI 59

Fintech Finance

FEBRUARY 17, 2025

Leveraging artificial intelligence (AI) technology, PhotonPay has further streamlined anti-money laundering (AML) and counter-terrorism financing (CFT) processes, enhanced its risk management system and effectively reduced financial crime risks. “Compliance is the foundation of trust in global payments. .

Compliance 59

Compliance Payment Solutions Global Payments Risk 59

Finextra

JUNE 24, 2025

GENIUS Act Clears the Way for Stablecoin-Powered Embedded Finance 23 June Parminder Saini CEO at Triple Minds Understanding the Role and Benefits of Introducing Brokers in Forex Trading 19 June Mathieu Altwegg SVP Head of Product and Solutions Europe at Visa Open Banking Won’t Work Without Trust.

Agreements 59

Agreements Payment Networks Digital Payments Payment APIs and Integration 59

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. For large, multinational corporations, this might mean sophisticated fraud detection systems and detailed compliance programmes.

Crime 88

Crime Fraud Prevention Risk Assessment Due Diligence 88

Finextra

JULY 3, 2025

Make sure your wallet follows KYC and AML rules. What you must consider Check if the provider offers real-time reporting, fraud detection tools, and regulatory support. A digital wallet will serve you better. An eWallet is a complete ecosystem, while a digital wallet is a connector.

eWallet 52

eWallet Payment APIs and Integration PCI DSS Online and Mobile Banking 52

Fintech Finance

FEBRUARY 20, 2025

In 2024, 87% of payments businesses reported a surge in online fraud, while the Global eCommerce Payments and Fraud Report identified loyalty fraud as one of the fastest-growing fraud types worldwide. Fraud doesnt stop at payment initiationit can strike anywhere along the payout journey.

PCI DSS 86

PCI DSS Security Payment APIs and Integration MFA 86

The Fintech Times

MARCH 31, 2025

Nasdaq Verafin’s unique consortium data approach delivers insights into counterparty risk to reduce false positives and significantly improve payments fraud detection.

Cross-Border 64

Cross-Border Addressing Financial Crimes Elder Abuse 64

The Payments Association

JUNE 16, 2025

The findings show that it’s technically possible, but with significant challenges surrounding fraud detection, data sharing, and usability. Integrating Phygital data—combining physical cash and digital payments—will enrich data quality, empowering AI to deliver precise insights and enhance financial inclusion.”

Settlement 88

Settlement CBDC Payment APIs and Integration Privacy 88

Fintech Review

APRIL 11, 2025

Insurtech Insurtech companies use AI, data analytics, and digital channels to improve the insurance experience. It covers identity verification, anti-money laundering (AML), transaction monitoring, and reporting automation. AI and Machine Learning : Used for credit scoring, fraud detection, chatbots, and personalised recommendations.

FinTech 52

FinTech Online and Mobile Banking Payment APIs and Integration Cross-Border 52

Fintech Review

MAY 4, 2025

This guide covers the top 100 fintech tools across key categories including banking APIs, billing, KYC/AML, FX, crypto tools, and open banking. KYC, AML & Identity Verification Platforms Next in the top 100 fintech tools and platforms is compliance. Best for : Finance teams aiming to improve DSO and cash flow forecasting.

Payment APIs and Integration 76

Payment APIs and Integration FinTech Multi-Currency Embedded Finance 76

The Fintech Times

JUNE 22, 2025

It achieves this by combining NetGuardians ’ AI-driven financial crime prevention with Intix’s mastery of transaction data visibility and analytics. Vyntra unites capabilities in fraud prevention, AML compliance, and transaction observability to help financial institutions see, secure, and optimize every transaction in real time.

Compliance 40

Compliance Financial Crimes Crime AML 40

Finovate

DECEMBER 11, 2024

LexisNexis Risk Solutions has signed an agreement to acquire document authentication and fraud detection solutions provider IDVerse. The acquisition will enhance LexisNexis Risk Solutions’ ability to combat emerging threats such as AI-generated fraud and deepfakes. Terms were not disclosed.

Risk 52

Risk Acquirers Deepfake Fraud Detection 52

The Payments Association

JULY 18, 2025

Growing dependence on third-party cloud, fraud detection, and payment platform providers raises systemic risk as firms are responsible for ensuring those vendors meet resilience standards. Build privacy-respecting AML/CFT frameworks: ensure systems can detect and report suspicious activity while preserving user anonymity as required.

Regulations 88

Regulations Payments Payment APIs and Integration Legal 88

Finovate

FEBRUARY 6, 2025

ID-Pal ID-Pal uses 100% AI-powered technology for real-time identity verification and AML screening, ensuring seamless customer onboarding, compliance, and zero access to customer data. Fintechs, neobanks, payment providers, and businesses. Small-to-medium-sized financial institutions.

Stablecoins 52

Stablecoins Credit Union AML Fraud Detection 52

Finovate

JANUARY 24, 2025

Founded in 2015, EverC offers a fully-automated, AI-driven, cross-channel risk management platform that helps drive growth for innovators in the online seller ecosystem. The EU AI Act passed in 2024. What makes the EU AI Act stand out is its risk-based approach.

Regulations 72

Regulations FinTech BNPL Cross-Border 72

Fraud.net

DECEMBER 26, 2024

Explore how machine learning fraud detection reduces false positives, improves accuracy, and adapts to emerging fraud trends.

Fraud Detection 52

Fraud Detection Real Time Payments Money Laundering Fraud Prevention 52

The Fintech Times

JUNE 25, 2025

AI, automation, and embedded insurance are just some of the technologies driving change in everything from underwriting and claims to customer engagement, leading many industry firms and leaders to rethink their approach. Could overuse or overreliance on AI pose significant challenges, or are most firms already wary enough to fall victim?

AI 45

AI Risk Underwriting Automation 45

The Payments Association

MARCH 25, 2025

As director/MLRO of SENDS, a UK-licensed EMI, I see AI’s potential in fraud prevention, AML, and compliance. Sends leverages AI to mitigate risks, comply with FCA, PSD2, and PCI DSS, and enhance client experience with secure and innovative services.

Regulatory Compliance 136

Regulatory Compliance AML PCI DSS Compliance 136

Finextra

APRIL 22, 2025

CSI, a leading provider of end-to-end financial software and technology, announced the launch of its AI-powered AML compliance and fraud detection solutions: TruDetect and TruProtect.

Fraud Detection 52

Fraud Detection AML Compliance AI 52

Segpay

FEBRUARY 21, 2024

5 minute read In recent years, generative artificial intelligence (generative AI) has emerged as a powerful force reshaping various industries. What is Generative AI? Generative AI is an advanced artificial intelligence technology that creates text and images.

AI 105

AI Innovation Fraud Detection Encryption 105

FICO

FEBRUARY 15, 2017

In the previous posts in this mini-series, TJ Horan noted that AI is the newest hope for compliance , and Frank Holzenthal explored the benefits that AI can bring to compliance officers. As Frank noted in his post, we have integrated two main AI components into our AML products.

AML 67

AML AI SARS Money Laundering 67

Fraud.net

OCTOBER 13, 2023

Discover how financial institutions and fintechs can enhance fraud detection by incorporating AI/ML into rules-based fraud detection models.

Fraud Detection 52

Fraud Detection Rules AI FinTech 52

PYMNTS

JUNE 13, 2019

It’s nearly impossible for human analysts to examine every sign of malfeasance with banks processing millions of transactions each day, but that is exactly where learning technologies like artificial intelligence (AI) and machine learning (ML) can help. Fraud is like looking for needles in a haystack,” Sieczkowski explained.

Fraud Detection 51

Fraud Detection AI Money Laundering Fraud Prevention 51

Finovate

MARCH 28, 2024

Fraud and risk platform DataVisor launched its anti-money laundering (AML) solution this week. The new offering combines fraud fighting and anti-money laundering operations in a unified, approach that helps institutions better deal with emerging threats and evolving regulations.

AML 59

AML Compliance AI Money Laundering 59

Fintech Finance

SEPTEMBER 17, 2024

ID-Pal and CLOWD9 are delighted to announce their global strategic partnership to enhance secure and efficient identity verification processes in payment processing, by offering ID-Pal’s AI-powered technology as part of CLOWD9’s innovative payment solutions portfolio.

Process 95

Process Verification Money Laundering AML 95

FICO

JUNE 22, 2017

In our artificial intelligence (AI) spotlight this week, we highlight FICO’s AML Threat Score tool, which uses AI to help financial compliance analysts detect money laundering or terrorist financing activities. This tool demonstrates AI’s transformative benefits in anti-money laundering (AML) and fraud detection.

AML 55

AML Facilitators AI Money Laundering 55

Fintech News

JULY 4, 2024

As artificial intelligence (AI) rapidly transitions from a nascent development to a ubiquitous technology accelerating advancements across the financial landscape, far-reaching implications for central banks worldwide are quickly emerging.

Central Bank 105

Central Bank AI Correspondent Bank Correspondent 105

Finextra

FEBRUARY 5, 2025

Developed entirely by Turkish engineers, Formica AI has become a leader in Turkey and the nearby geography in areas such as fraud detection and prevention, AML, KYC, internal audit and compliance with legal regulations.

AI 52

AI Fraud Detection AML Audit 52

PYMNTS

DECEMBER 14, 2020

consumers think about artificial intelligence (AI) as it relates to their financial lives? Just ask them, as was done for the December 2020 How To Put AI In Your 2021 FI Business Plan Playbook , a collaboration with Brighterion. Better credit management is just one benefit AI can confer to banks, however,” per the Playbook.

AI 87

AI Online and Mobile Banking Risk Assessment Credit Risk 87

Fintech News

OCTOBER 22, 2024

This is followed by advanced authentication methods (70.2%), customer education initiatives (68.1%), and the implementation of real-time fraud detection systems (53.2%). More than a quarter (25.5%) said their anti-fraud and AML teams now collaborate “very closely”, while almost a third (30%) said such collaboration occurred “often”.

APACS 124

APACS Online and Mobile Banking Fraud Prevention Fraud Detection 124

PYMNTS

DECEMBER 9, 2020

There are countless technologies banks are employing to help them in this task, but none are as effective as artificial intelligence (AI). The practical applications for AI extend far beyond credit risk assessment and detection, however.

Credit Risk 98

Credit Risk AI Risk Fraud Detection 98