Stax

AUGUST 22, 2024

In this article, we’ll discuss what SaaS companies looking to become payment facilitators need to know about risk management strategies. PayFacs handle risk assessment, underwriting, settling of funds, compliance, and chargebacks which exposes them to greater potential risks.

Risk Management 88

Risk Management Risk Regulatory Compliance Due Diligence 88

Fintech News

JANUARY 25, 2024

ServiceNow, a provider of digital workflow services, has recently broadened its partnership with both EY and Visa, focusing on AI-driven compliance solutions and the transformation of payment services. These collaborations mark another noteworthy step in the integration of advanced AI technologies in compliance and financial services.

AI 120

AI Disputes Risk Management Risk Assessment 120

Fintech News

JUNE 2, 2024

Swift, the global financial messaging cooperative, has announced two AI-driven experiments in collaboration with member banks to combat cross-border payments fraud which could potentially save the industry billions in fraud-related costs. This initiative could transform confidential data sharing and improve global fraud detection.

Cross-Border Payments 132

Cross-Border Payments Cross-Border SWIFT AI 132

The Payments Association

FEBRUARY 10, 2025

Businesses must proactively assess fraud risks, implement adequate procedures, leverage technology for fraud detection, and foster a culture of compliance to avoid regulatory penalties. 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

Fintech Review

MARCH 17, 2025

Mastering Gold Trading with AI-Powered Wave Analysis Market movements follow patterns and waves, providing traders with insights that can enhance decision-making. FXDyno is designed to filter out market noise, identifying optimal entry, hold, and exit points based on real-time price wave assessments.

AI 52

AI Advisors Automation Risk Management 52

Finovate

SEPTEMBER 23, 2024

You’ve seen the hype around Generative AI (GenAI). And perhaps you even have an AI strategy in place at your organization. But because the development of AI moves faster than any enabling technology we’ve seen in banking in the past, it’s important to think ahead to the next iteration.

AI 105

AI Assessments Compliance Risk 105

Nanonets

MAY 31, 2023

According to a Forrester survey, 98% of financial institutions believe that AI and ML can give them an edge and improve how they do business. This article explores the case for integrating AI into your finance function, the route to achieving it, and how your business can step change as a result. AI can help mitigate these issues.

AI 122

AI Finance Fraud Detection Mitigation 122

The Finance Weekly

NOVEMBER 20, 2023

AI is , transforming the finance sector, especially in financial planning and analysis (FP&A). Why Should FP&A Leaders Consider to Integrate AI? FP&A leaders experience , significant advantages when they embrace AI. Top 8 AI Uses in Finance AI/ML can enhance FP&A operations in many ways.

AI 130

AI Finance SWIFT Risk 130

Stax

JANUARY 23, 2025

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?

Underwriting 68

Underwriting PCI DSS Money Laundering Processors 68

Finovate

MARCH 13, 2024

The EU Parliament approved the Artificial Intelligence (AI) Act today. It’s no secret that AI is a double-edged sword. However, delineating the boundaries of AI’s applications and capabilities is challenging. This will impact how banks and fintechs use AI for customer interactions, underwriting, and fraud detection.

AI 111

AI Laws Fraud Detection Use Case 111

The Fintech Times

SEPTEMBER 14, 2024

Having already explored compliance challenges, penalties and solutions, we now turn our attention to the technology of the moment: AI. While we’re well aware that AI is currently spoken about in absolutely every context, we also understand the huge impact it can have across sectors and operations.

Compliance 106

Compliance AI Process Suspicious Activity Report (SAR) 106

Fintech Review

MAY 28, 2024

In a rapidly evolving financial services industry, Alexandra Mousavizadeh , Co-Founder and CEO of Evident , is steering the company to the forefront of Artificial Intelligence (AI) transformation in banking. Evident , a benchmarking and intelligence firm, specialises in authoritative, data-driven insights on corporate AI adoption.

AI 97

AI Assessments Risk Management Fraud Detection 97

The Payments Association

MAY 16, 2025

AI is transforming compliance in financial services, offering efficiency gains while introducing new risks that demand robust governance. Artificial intelligence (AI) is no longer a futuristic concept. 85% of digital-first payment firms report live AI integration, particularly in fraud analytics and real-time risk scoring.

Compliance 88

Compliance AI Risk Audit 88

The Fintech Times

FEBRUARY 15, 2025

The five-day event saw experts from across the financial market come together to discuss and learn about AI-driven financial services, investment platforms, strategic partnerships, fraud prevention and more. LEAP 2025 featured a dedicated Fintech Track, covering digital banking, blockchain applications, and AI in finance.

Innovation 64

Innovation Fraud Prevention AI Compliance 64

Fintech Review

MARCH 11, 2025

NYC, NYC, March 11th, 2025, FinanceWire Feedzai , the global leader in AI-native fraud prevention solutions, today announced the launch of ScamAlert, an innovative GenAI-powered fraud prevention agent built from a deep understanding of tactics fraudsters use to exploit consumers.

Scams 52

Scams Fraud Prevention Risk Assessment Financial Crimes 52

Fintech News

FEBRUARY 10, 2025

Artificial intelligence (AI) is transforming this landscape by introducing a more dynamic and comprehensive way of assessing creditworthiness. Unlike conventional models, AI-driven credit scoring does not depend solely on historical financial data. AI also enhances risk management for financial institutions.

AI 86

AI Assessments Mitigation Regulations 86

Nanonets

DECEMBER 13, 2023

Integrating AI and automation into the underwriting workflow presents a significant opportunity to minimize the time allocated to administrative tasks, manual processes, and repetitive data entries. In addition, AI can help insurance firms evaluate risk with high accuracy by analyzing large volumes of data.

AI 102

AI Process Fraud Detection Compliance 102

Fintech Finance

FEBRUARY 5, 2025

Ballerine , an AI risk intelligence platform designed to help financial institutions, fintechs, and marketplaces automate and optimize merchant onboarding, verification, and lifecycle monitoring processes, announced the appointment of Cihat Fitzgerald as Chief Risk Officer.

Risk 59

Risk Law Enforcement Regulatory Compliance Compliance 59

Fintech News

MARCH 27, 2024

Visa announced the expansion of its value-added services by introducing three new AI-powered solutions aimed at bolstering fraud and risk prevention. The Protect suite is among nearly 200 products under Visa’s portfolio, covering critical areas such as Acceptance, Advisory, Issuing, Open Banking, and Risk and Identity.

Fraud Prevention 109

Fraud Prevention AI Value Added Service Fraud Detection 109

The Payments Association

MAY 3, 2025

It highlights how innovation, regulation, AI, and risk management are shaping the future of payments and impacting business models. How is AI being operationalised in your payments ecosystemand what are the practical limits? He stressed that AIs effectiveness hinges on deep contextual understanding.

Payment APIs and Integration 88

Payment APIs and Integration Cross-Border Embedded Finance Payments 88

Fintech News

APRIL 16, 2024

FinbotsAI, a Singapore-based fintech company specialising in AI credit scoring, has partnered with KBZ Bank, one of Myanmar’s largest privately-owned bank. Sanjay Uppal “We are proud to partner with KBZ Bank and I am confident that CreditX will enable them to profitably grow their lending business while proactively managing risk.

Credit Risk 117

Credit Risk Risk Management Assessments AI 117

Seon

JUNE 24, 2024

The rise of online transactions and evolving cybercrime tactics highlight the urgent need for strong identity risk management and monitoring. Identity theft presents significant challenges to businesses, making proactive risk mitigation essential for regulatory compliance, trust, asset protection, and operational integrity.

Risk Management 52

Risk Management Mitigation Risk Identity Theft 52

The Fintech Times

FEBRUARY 5, 2025

The Digital Operational Resilience Act (DORA), Network and Information Security Directive 2 ( NIS2 ) and the EU AI Act share a common purpose: improve cybersecurity and operational resilience while ensuring responsible AI use. Meanwhile, 63 per cent of those claiming compliance report having transparency measures in place.

Compliance 64

Compliance Cybersecurity Audit AI 64

Fi911

JANUARY 31, 2024

The advent of generative AI (or “Gen AI”) presents a remarkable transformation opportunity for the banking sector in 2024. While the promises of Gen AI are significant, there’s a looming concern about scammers exploiting this technology. Thus, while the excitement surrounding Gen AI is palpable, it is tinged with caution.

AI 105

AI MFA Regulatory Compliance Best Practices 105

Fintech Finance

MARCH 3, 2025

Issued by Ernst & Young (EY), a leading independent auditing firm, the SOC 2 Type II certification is a rigorous assessment for operating effectiveness of a service providers internal controls. This certification underscores Antoms commitment to meeting the highest security standards, reinforcing its advanced payment solutions.

Fraud Prevention 52

Fraud Prevention Fraud Detection AI Risk Management 52

PYMNTS

DECEMBER 9, 2020

Taking this retroactive approach to credit risk management was never efficient, but it has become even less feasible amid the pandemic. Consumers are more susceptible than ever to falling short on their monthly bills, leaving banks searching for more proactive ways to mitigate the risk of defaults.

Credit Risk 98

Credit Risk AI Risk Fraud Detection 98

Finovate

JANUARY 15, 2025

The chill has been taken out of the industry as investors regain confidence, new startups can launch with less risk, and established players are doubling down on new technologies to meet evolving customer demands. From fresh AI applications to the new uses for embedded finance, fintech is experiencing a renewed momentum.

Embedded Finance 52

Embedded Finance FinTech Payment APIs and Integration AI 52

The Fintech Times

MARCH 12, 2025

” By integrating AI-powered financial tools into a simple smartphone app, the solution makes it easier for families to track expenses, set spending limits, and teach children essential money management skills.

Visa 75

Visa Financial Literacy Small Business Payments 75

Fintech Review

JUNE 12, 2024

We explore the innovations in personalised insurance products, the role of IoT devices in data collection and risk assessment, and the challenges faced by established insurance companies integrating new technologies. Enhanced Risk Assessment IoT data provides insurers with a more accurate understanding of risk profiles.

Risk Assessment 96

Risk Assessment Regulatory Compliance Assessments Risk Management 96

Fintech News

OCTOBER 28, 2024

Finalists in the corporate categories were evaluated based on impact, sustainability, practicality, interoperability, and creativity, while individual submissions were assessed on contributions to the Singapore fintech sector. Four finalists were shortlisted in each category.

AI 108

AI FinTech Innovation Payment APIs and Integration 108

FICO

APRIL 6, 2017

Which works better for modeling credit risk: traditional scorecards or artificial intelligence and machine learning? Given the excitement around AI today, this question is inevitable. This new FICO product combines our well-established scorecard technology with AI to build better credit risk models. It’s also a bit silly.

Credit Risk 96

Credit Risk Risk AI Origination 96

M2P Fintech

MARCH 24, 2025

With the evolution of cutting-edge technology came centralized data management that provides real-time insights, and AI-driven monitoring and analytics. The loan management system has evolved into a seamless, intelligent system, enhancing efficiency and ensuring customer retention. AI is poised to revolutionize loan origination.

Payment APIs and Integration 52

Payment APIs and Integration Blockchain Regulatory Compliance Compliance 52

Fintech Review

MARCH 17, 2025

Unlike traditional trading bots with rigid parameters, ForexRova adapts in real-time, dynamically shifting between aggressive, trend-following strategies and conservative, risk-managed setups based on market conditions, volatility, and trader preferences.

Advisors 52

Advisors Adjustments Risk Management Bots 52

Fintech News

MAY 20, 2024

As regulatory expectations continue to evolve, it’s crucial for organizations to stay ahead of the curve and adapt their compliance strategies to mitigate financial crime risks effectively. Experts anticipate that by 2028, the majority of banking, investment, and insurance processes will be assisted or driven by AI technologies.

FinTech 135

FinTech Embedded Finance BNPL On-Demand 135

Fintech News

JANUARY 16, 2024

In 2024, the banking sector is witnessing a pivotal transformation driven by advanced technologies like AI and cloud computing, evolving customer demands, and changing regulatory landscapes. It outlines various trends, such as the adoption of generative AI, offering both challenges and opportunities. Generative AI supercharges banking.

AI 117

AI Risk Non-Bank On-Demand 117

The Fintech Times

SEPTEMBER 2, 2024

Ant International , the digital payment and fintech company, has joined forces with Dock , a payments and banking technology provider in Latin America, to offer new AI-driven credit technology solutions in Brazil. “Ant International is the partner we were looking for to materialise our financial inclusion goals. .

Financial Inclusion 72

Financial Inclusion AI Underserved Underwriting 72

Seon

APRIL 23, 2024

As an umbrella term, fraud risk management encompasses the systematic processes of identifying, assessing and responding to an organization’s fraud risk. How Does Fraud Risk Management Work?

Risk Management 40

Risk Management Risk Technology Fraud Detection 40