PYMNTS

MAY 28, 2020

Digital-fraud-protection company Kount said Thursday (May 28) that Mercator Advisory Group has named it the best eCommerce Fraud Detection Solution from among more than 40 products ranked.

Fraud Detection 52

Fraud Detection Fraud Prevention Account Takeovers Bots 52

PYMNTS

FEBRUARY 26, 2020

Many chains have thus been turning to fraud detection programs driven by artificial intelligence (AI) to make the most of their limited prevention resources, leveraging various techniques to stop bad actors’ advances. AI to the Rescue. AI in Action. Selecting the Target.

Credential 56

Credential AI Account Takeovers Fraud Detection 56

The Payments Association

MAY 7, 2025

As we navigate through 2025, high-risk merchants face a rapidly evolving fraud landscape. From AI-driven scams to rising chargeback rates, the challenges are growing more complex and costly. billion to chargebacks, a figure projected to rise as fraud tactics become more sophisticated. In 2024 alone, businesses lost $8.9

Risk 88

Risk Disputes Debit Card Cross-Border 88

Fintech Finance

OCTOBER 9, 2024

Fraudsters are turning to AI to fuel fraud AI technology, such as AI-driven bots and scripts, has given fraudsters unprecedented speed to automate the process of generating synthetic identities on a massive scale. ” Key report insights at a glance Payment trends (H1 2024 vs. .

BNPL 98

BNPL Volume Alternative Payment Methods AI 98

The Fintech Times

AUGUST 17, 2024

“In today’s highly competitive and digital-first world, the use of behavioural analytics is now vital for innovating for the future of fighting fraud.” Empowering businesses NeuroID’s behavioural analytics solutions are available through CrossCore on the Experian Ascend Technology Platform as a key fraud-detection capability.

Risk 59

Risk Fraud Detection Bots Identity Theft 59

Fintech Finance

MAY 30, 2024

Mangopay , a modular and flexible payment infrastructure provider for platforms, today announces the launch of its new Fraud Prevention solution. Platforms can connect to the solution through the Mangopay product ecosystem, meaning they can easily protect themselves against fraud without any additional integration.

Fraud Prevention 52

Fraud Prevention AI Payment APIs and Integration Fraud Detection 52

PYMNTS

JUNE 13, 2019

More businesses are adopting artificial intelligence (AI) and other technology to fight fraud. According to the AI Innovation Playbook , 63.6 percent of FIs believe AI is an effective tool for stopping fraud before it happens, and 80 percent of fraud specialists using AI believe the technology could reduce payments fraud.

AI 44

AI Account Takeovers Fraud Detection Online and Mobile Banking 44

CoinRemitter

MARCH 20, 2024

Let’s ignore the cons, AI has some pros as well. The combination of AI and blockchain may fix all the hesitance and make crypto payments look more reliable than now. Let’s see how AI in blockchain can affect and what factors can cause an improved experience of accepting crypto payments. AI algorithms can simplify this.

Blockchain 40

Blockchain AI Fraud Detection Payment Gateways 40

Finovate

AUGUST 14, 2024

The battle against fraud is a never-ending one. From the challenge of AI-powered deepfakes to the sad fact that many of our own bad habits continue to keep fraudsters in business, fintechs are busy developing solutions to help us get and stay at least one step ahead of the bad guys. ” Alex Shootman is CEO.

Credential 64

Credential FinTech Deepfake Fraud Detection 64

Fintech News

OCTOBER 28, 2024

The shortlisted teams, comprising fintech firms and solution providers from regions including Australia, India, the United States, and Kenya, have presented proposals utilising technologies like Artificial Intelligence (AI) and Distributed Ledger Technology (DLT) to enhance financial well-being and resilience in today’s evolving economic landscape.

FinTech 117

FinTech Financial Literacy Cross-Border Distributed Ledger Technology (DLT) 117

Nanonets

APRIL 5, 2023

While traditional automation systems focused on streamlining repetitive tasks, intelligent process automation (IPA) takes it a step further by leveraging the power of artificial intelligence (AI) and machine learning (ML) to automate complex business processes. What is intelligent process automation?

Automation 98

Automation Process AI Fraud Detection 98

PYMNTS

DECEMBER 26, 2019

The latest iterations of third-party solutions are potent hybrids of machine learning and artificial intelligence (AI) — paired with actual humans — to make the tougher calls. Companies are getting much better at fraud detection and prevention, partly in response to its rapid spread. One analysis of more than 1.3

Fraud Detection 52

Fraud Detection Bots Law Enforcement AI 52

Nanonets

AUGUST 16, 2024

  This automation process leverages cutting-edge tools such as machine learning (ML), artificial intelligence (AI), and natural language processing (NLP).  Try Nanonets' free AI-powered OCR and workflow automation. For example, AI can easily read and verify receipts and reports against the policy terms.

Automation 52

Automation Process Fraud Detection Payment APIs and Integration 52

Wharton Fintech

FEBRUARY 26, 2024

A lot of technology went into securing the payment systems to fight fraud. We have applied incredible AI capabilities and techniques to help keep the system safe for everyone who is using it and encryption techniques to help make sure all the information is protected within it. Next, we have what we call contextual commerce.

Visa 130

Visa Technology Payments Encryption 130

PYMNTS

OCTOBER 8, 2020

One of the most promising tools QSRs leverage to fight fraud is artificial intelligence (AI), which studies have found can increase fraud detection rates by 50 percent and reduce false positives by 60 percent.

Innovation 56

Innovation Account Takeovers Fraud Detection Bots 56

Fintech Labs Insights

JANUARY 11, 2017

In what The New York Times is calling The Great AI Awakening and Forbes has dubbed The Year of AI , 2017 is shaping up to be obsessively focused on artificial intelligence, a field that has been around for awhile (remember playing checkers against a computer?) Below are eight areas of fintech into which AI has made inroads.

AI 30

AI FinTech Bots Advisors 30

The Fintech Times

MARCH 31, 2024

In part two of our spotlight on AI, let’s hear more from our community… ( part one here ). We very much see AI and people working alongside each other: we are already using AI alongside experienced colleagues to speed travel claims for clients. Allianz Partners has got two AI bots working on travel claims.

Risk 64

Risk AI Underwriting Bots 64

PYMNTS

JANUARY 9, 2019

As they craft their omnichannel strategies, most luxury retailers are using a variety of fraud detection programs to counteract increasingly devious methods. With our current fraud detection system, we are utilizing device fingerprinting,” Ciborowski said. “The The Importance Of AI.

Fraud Detection 43

Fraud Detection Data Breach Account Takeovers Breach 43

PYMNTS

OCTOBER 1, 2019

In the latest Mobile Order-Ahead Tracker , PYMNTS explores the latest developments in the world of digital ordering, including the rise of artificial intelligence (AI) and machine learning (ML), especially for QSRs protecting themselves against fraud. Artificial Intelligence to Fight Mobile Fraud. problematic.

Data Breach 57

Data Breach Breach Account Takeovers Fraud Prevention 57

Seon

MAY 28, 2024

Focusing on combating key issues like bonus abuse, multi-accounting, bot activity and affiliate fraud, we’ll examine the attack vectors that can diminish trust and financial stability if they are not addressed efficiently. Can You Spot the Bot? This allows for better efficiency through eradicating redundant checks.

Security 52

Security Fraud Prevention Bots AML 52

Seon

MAY 8, 2024

Fueled by technology advancements and the widespread availability of affordable cloud computing, this evolution has democratized the ability to launch large-scale cyberattacks and fraud schemes, enabling virtually anyone to orchestrate them. This is where you can integrate residential proxy detection to bolster bot attack mitigation.

Online and Mobile Banking 52

Online and Mobile Banking Fraud Prevention Account Takeovers Bots 52

PYMNTS

DECEMBER 13, 2019

According to one Mastercard study , about one-third of millennials and Gen Zers would let a bot plan their next trip in an automated fashion using data from their travel history. They are also arbiters of CX, so online marketplaces have to provide not just delightful prices, but also actual in-app delight.

Fraud Detection 52

Fraud Detection Data Breach Bots BNPL 52

Nanonets

AUGUST 20, 2023

Understanding Robotic Process Automation Robotic Process Automation, or RPA, is a technology that uses software robots, or bots, to automate repetitive tasks and processes. These bots mimic human actions by interacting with various systems and applications, such as data entry, screen scraping, and decision-making.

Bots 52

Bots Automation API Process 52

FICO

MARCH 6, 2020

With the acquisition of Tonbeller in 2015, FICO expanded its fraud portfolio and moved into the growing market for financial crime and compliance solutions to bring the benefits of advanced analytics to a field dominated by rule-based systems. Here at FICO, AI is in everything we do. How will AI shape anti financial crime?

Financial Crimes 81

Financial Crimes Crime Compliance Technology 81

Nanonets

AUGUST 1, 2023

This technology proves invaluable in detecting potential instances of fraud or non-compliance within the organization, providing deeper insights into business operations, and enabling data-driven decisions to strengthen risk management and compliance measures.

Audit 52

Audit Automation Bots Risk Assessment 52

Seon

JANUARY 29, 2024

Account Takeover Fraud Detection While it can be challenging to catch ATO attempts, these attacks can be detected by monitoring for out-of-the-ordinary account behavior. Deploying end-to-end fraud prevention and detection software helps you keep track of user activity and helps you spot suspicious patterns.

Account Takeovers 52

Account Takeovers Accounts Fraud Prevention Fraud Detection 52

Stax

MARCH 4, 2024

Identifying and Mitigating Payment Security Threats Phishing scams, social engineering, bot attacks—these are just a few of the most pressing cybersecurity threats that can be so devastating they have real-time effects. Innovations in artificial intelligence (AI) and machine learning are helping develop security solutions faster than ever.

PCI DSS 88

PCI DSS Payment Security Security MFA 88

PYMNTS

JANUARY 17, 2020

This month’s Deep Dive examines the critical and delicate balancing act companies face to gain new subscribers while pushing back against account and subscription payment fraud. The PYMNTS Fraud Decisioning Playbook reported that approximately 20 percent of accounts opened for the more than 1.3

Scams 52

Scams Security Push-to-Card Federal Trade Commission 52

FICO

JANUARY 10, 2023

As criminals seek new paths to vulnerable customers and safeguards, fraud professionals are constantly alert to new patterns and always responding with new technology. Here are the five most-viewed posts from 2022 on the FICO Blog related to fraud. Fraud Trends for 2022: Top 5 Includes "Scamdemic" and Bad Bots.

Scams 52

Scams Posting Push-to-Card Compromise 52

FICO

JUNE 23, 2022

In case you missed it, FICO World 2022 was a very welcome return to in-person learning and networking for the global fraud detection and financial crime-fighting community. Fraud Detection and AML Collaboration. How FICO’s Fraud Detection Capabilities Can Help Manage Fraud and Financial Crime in the ‘New Normal’.

Financial Crimes 52

Financial Crimes Crime AML Fraud Detection 52

CB Insights

AUGUST 16, 2017

C3 IoT provides a platform for the design, development, and operation of enterprise-scale big data, predictive analytics, AI, and IoT applications. C3 IoT’s offerings also include turnkey SaaS IoT applications for issues such as fraud detection, supply chain optimization, and customer engagement.

Payment APIs and Integration 68

Payment APIs and Integration Cybersecurity Fraud Detection On-Demand 68

Nanonets

JULY 14, 2024

Key Invoice Features: AI-powered invoice capture and data extraction Customizable approval workflows Integration with major accounting software (e.g., Key Invoice Features: AI-powered invoice capture and data extraction Customizable approval workflows Integration with major accounting software (e.g.,

Automation 52

Automation Process Multi-Currency Online and Mobile Banking 52

Nanonets

SEPTEMBER 21, 2023

One of the key technologies driving finance automation is artificial intelligence (AI). AI-powered algorithms can analyze vast amounts of data, identify patterns, and make intelligent predictions. By leveraging AI, finance teams can reduce manual errors and improve the accuracy and efficiency of their operations.

Automation 52

Automation Finance Assessments Compliance 52

CB Insights

AUGUST 14, 2017

C3 IoT provides a platform for the design, development, and operation of enterprise-scale big data, predictive analytics, AI, and IoT applications. C3 IOT’s offerings also include turnkey SaaS IoT applications for issues such as fraud detection, supply chain optimization, and customer engagement.

Payment APIs and Integration 28

Payment APIs and Integration Cybersecurity Fraud Detection On-Demand 28

PYMNTS

JANUARY 21, 2020

Advances in fraud decisioning have cybercrooks scrambling into the new arcana of synthetic identities and fiendish mass bot attacks, looking for any possible opening to exploit. Some industries are more prone than others, as we discovered in the latest Fraud Decisioning Playbook , a PYMNTS and Simility collaboration.

Fraud Detection 52

Fraud Detection FBI Bots Breach 52

PYMNTS

OCTOBER 28, 2016

Artificial Intelligence: More than just the airs you put on during that first date (c’mon, you’ve all Googled your prospective love’s interest in Monet, or yoga, or baseball and feigned a shared love, too)…AI is the hottest thing since well, ET.

AI 43

AI CHIPS Same Day ACH Fed 43

PYMNTS

DECEMBER 21, 2020

Meanwhile, Kount’s Event-Based Bot Detection can stop malicious bots, allow good bots and quickly analyze, classify and adapt policies to new and questionable bots.”. The new Mobile Order-Ahead Tracker® notes that “restaurants will have to step up their game when it comes to fraud detection and prevention.

Bots 60

Bots Fraud Detection Account Takeovers Breach 60