The Fintech Times

MAY 1, 2025

Payments giant Visa unveiled a number of AI-enabled advancements at its Global Product Drop, alongside expanded stablecoin partnerships, as it looks to position itself as a key enabler of the AI-driven future of digital commerce. Leveraging agenic AI In the last 25 years, Visas network has processed 3.3 trillion transactions.

Stablecoins 45

Stablecoins AI Credential Payment APIs and Integration 45

Finovate

JULY 7, 2025

Decentralized biometrics solutions company Anonybit announced a partnership with AI-native no-code platform SmartUp. Courtesy of the partnership, the two companies are introducing what they call the first privacy-preserving digital identity solution for AI agents. This is the foundation for the next generation of secure enterprise AI.”

AI 64

AI Authentication Privacy Audit 64

Fintech Finance

JUNE 8, 2025

Evolving rules like the EU’s Instant Payment Regulation and the emergence of agentic AI-driven payments are pushing banks to modernize. ” This new approach to identity and consent also addresses the rise of agentic AI systems capable of making decisions or payments on a user’s behalf. .

Online and Mobile Banking 86

Online and Mobile Banking Authentication Credential Verification 86

Fintech News

AUGUST 12, 2024

Here are the eight selected startups: Edubuk A platform for global academic and professional credentials verification, using blockchain and AI to streamline background checks. A marketplace for AI-optimised trading strategies, recognised by multiple awards and part of several accelerator programmes. OlaWealth.io

Blockchain 139

Blockchain Credential Verification APACS 139

Fintech News

MAY 8, 2024

Visa has launched an AI-powered enhancement to its Visa Account Attack Intelligence (VAAI) solution, designed to combat the increasing number of account attacks facilitated by automated scripts and botnets. Michael Jabbara “With access to advanced technology, fraudsters are monetising stolen credentials faster than ever before.

Bots 113

Bots AI Issuers Fraud Prevention 113

Fintech Finance

AUGUST 15, 2024

Using Google Cloud’s Vertex AI platform, Sionic is able to help financial institutions and retailers detect fraud more effectively. Sionic teamed with Google Cloud Consulting to design and build the specific use case AI models.

AI 97

AI Fraud Detection Technology Real Time Payments 97

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

Fintech News

APRIL 25, 2025

Top 5 industries globally with the highest fraud ratesIdentity fraud rates in 2024, Source: APAC Identity Fraud Report 2024, Sumsub The rise of AI-driven fraud A separate study by security solution provider Entrust and Docusign, which surveyed over 1,400 organizations globally in Q4 2024, found similar trends. and 2.2%, respectively.

Deepfake 83

Deepfake APACS Account Takeovers Verification 83

The Payments Association

JANUARY 22, 2025

Building upon this framework, the EU Digital Identity Wallet Consortium (EWC) is leveraging the potential of the proposed EU digital identity to develop digital travel credentials. The EWC is actively engaged in pilot projects to expand the functionality of the reference wallet application for use cases related to digital travel credentials.

Security 88

Security Online and Mobile Banking Credential Verification 88

The Fintech Times

MAY 9, 2024

By leveraging generative AI Visa’s VAAI Score identifies the likelihood of complex enumeration attacks in real-time to help reduce fraud without compromising the integrity of Visa’s performance and accuracy. Visa’s approach uses noisy data to train the highly accurate real-time AI model.

AI 111

AI CVV2 Issuers Compromise 111

Fintech Finance

JUNE 12, 2024

In a major leap for subscription services, Trustly , the global leader in open banking payments, today unveiled its innovative AI-powered recurring payments solution poised to revolutionise how merchants handle repeat transactions through a single integration.

Economy 98

Economy AI Payment APIs and Integration Fraud Prevention 98

The Payments Association

NOVEMBER 20, 2024

The good news is that innovations in the AI space are making chargeback prevention a much more manageable prospect. Why are AI tools especially effective at fighting fraud? AI isn’t just a buzzword in cybersecurity. First, AI tools have much higher throughput than manual or non-software-based detection methods.

AI 88

AI Fraud Detection Identity Theft Account Takeovers 88

The Payments Association

JUNE 11, 2025

A shift toward AI-driven, integrated fraud management systems aligned with tightening UK regulations. Technology is evolving—But not a silver bullet AI-powered defences are advancing rapidly, from intent-based detection to behavioural biometrics. Generative AI and biometrics, including behavioural biometrics, offer massive potential.

Risk 88

Risk Fraud Prevention Fraud Detection Payment APIs and Integration 88

The Fintech Times

NOVEMBER 6, 2024

These include: Visa Flexible Credential – This enables a single card product to toggle between payment methods. Data Tokens – A new way for people to control their data and enhance their shopping experiences, powered by AI. This token can be used by the merchant’s AI models to quickly deliver recommendations.

Product 101

Product Cross-Border FinTech Cross-Border Payments 101

The Fintech Times

MAY 17, 2024

Jack Forestell, chief product and strategy officer, Visa “The industry is at a pivotal point – new technologies like Gen AI are rapidly shifting how we shop and manage our finances,” said Jack Forestell , chief product and strategy officer, Visa. We’re announcing the next generation of truly digital-native payment card experiences.

Product 128

Product Consumer Online and Mobile Banking RTP 128

Fintech News

APRIL 6, 2025

The courses will provide participants with practical knowledge, real-world compliance strategies, and career-boosting credentials through free, expert-led modules. A significant four-fold surge in deepfakes worldwide from 2023 to 2024 further underscores the increasing role of AI in fraud.

Fraud Prevention 64

Fraud Prevention Deepfake Travel Rule Continuing Education 64

The Fintech Times

DECEMBER 18, 2023

They predict that social engineering attacks will surpass ransomware in 2024 due to increased sophistication, AI tools and emerging techniques, leading organisations to bolster cybersecurity defences with AI, scenario testing and multi-factor authentication.

Cybersecurity 139

Cybersecurity Ransomware RDC Credential 139

Finextra

JUNE 5, 2025

By encouraging public sector organisations to issue and accept digital credentials, the legislation will reduce administrative burden and enable better services for European businesses. When credentials are structured and machine-readable, they can be processed automatically.

Credential 52

Credential Payment APIs and Integration Authorization Issuers 52

Fintech News

NOVEMBER 5, 2024

One of the central products, Visa Flexible Credential , allows a single card to switch between various payment options—such as debit, credit, installment payments, or rewards redemption. Consumers can also set parameters for their preferred payment methods within the single credential, adding further flexibility.

Product 109

Product Cross-Border Credential Cross-Border Payments 109

Fintech Finance

JUNE 3, 2025

Klarna , the AI-powered payments and commerce network, unveiled the pilot launch of Klarna Card: a new debit product combined with built-in flexible payment options, powered by Visa Flexible Credential. The Klarna Card is a key step in this evolution – a transparent, tech-driven alternative to the products of traditional banks.

Debit Card 52

Debit Card Credential FDIC Credit Cards 52

Fintech News

JULY 9, 2024

Those who have not yet activated their digital tokens are encouraged to do so to reduce the risk of credential phishing. Ong-Ang Ai Boon Ong-Ang Ai Boon, Director, ABS, said, “This measure provides customers with further protection against unauthorised access to their bank accounts.

Phishing 109

Phishing Scams Online and Mobile Banking Credential 109

The Fintech Times

FEBRUARY 9, 2024

AI-enhanced attacks are on the rise, leaving many organisations’ cybersecurity unprepared for the volume of new challenges; reveals cyber protection firm, Acronis , in its latest cyber threats report. In fact, it found that AI-enhanced phishing affected 91.1 The post 91.1%

Phishing 72

Phishing AI MSPS Ransomware 72

Fintech Finance

MARCH 28, 2025

Sift , the AI-powered fraud platform securing identity trust for leading global businesses, today released its Q1 2025 Digital Trust Index. These configurations equip individuals with the ability to test compromised payment information and login credentials with minimal technical expertise.

Consumer 59

Consumer Alternative Payment Methods Participant Debit Card 59

PYMNTS

FEBRUARY 24, 2020

Account takeovers, brute force attacks and credential stuffing are some of the most popular methods, with rewards and loyalty programs being especially tempting targets for their stored payment data and personally identifiable information. Deep Dive: How AI Helps QSRs Stop ATOs And Credential Stuffing. About the Tracker.

Account Takeovers 85

Account Takeovers Credential AI Fraud Prevention 85

Fintech News

SEPTEMBER 17, 2024

It will verify a customer’s identity against national records using a face scan before activating their DT, making it significantly harder for scammers to hijack accounts using stolen credentials. Customers without a Singpass account are advised to register and download the Singpass app beforehand.

Verification 112

Verification Scams Phishing Financial Crimes 112

Finextra

JUNE 13, 2025

Even if a breach occurs, attackers get meaningless tokens rather than actionable payment credentials. s AI Revolution 7 mins Nikunj Gundaniya Product manager at Digipay.guru Why closed-loop payments are ideal for boosting loyalty 1 hour Steve Wilcockson Technical Product Marketing at Quantexa Is the Job Title Quant Overused?

Data Security 59

Data Security Payments Data Security ISO 20022 59

PYMNTS

AUGUST 16, 2019

did not have basic cybersecurity safeguards while it ran a service powered by artificial intelligence (AI) on the carrier’s website last year and in 2017, The Wall Street Journal reported. According to the news outlet, hackers changed the source code of the chatbot via compromised credentials. Delta Airlines Inc.

Data Breach 84

Data Breach Breach Multifactor Authentication Credential 84

Fintech Weekly

MARCH 3, 2025

Learn about encryption, AI-powered fraud detection, liveness detection, and decentralized data storage to protect user credentials and enhance fintech security. Discover how to prevent biometric hacking in banking apps with advanced security measures.

Fraud Detection 78

Fraud Detection Credential Encryption AI 78

The Fintech Times

AUGUST 13, 2024

Identifying fraud in the age of artificial intelligence (AI) is much harder than it ever has been before. Fraudsters are more cunning and deceiving, taking advantage of those who either do not know or refuse to acknowledge the power of AI. What are some AI fraud trends we’re seeing in Latin America?

AI 59

AI Fraud Detection Fraud Prevention Phishing 59

Fintech News

NOVEMBER 12, 2024

These experts covered some of the industry’s hottest trends and most urging issues, including artificial intelligence (AI), quantum computing, digital assets, next-generation transactions, and financial inclusion. The year’s conference featured an impressive lineup of over 900 speakers across more than 400 sessions.

FinTech 109

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

PYMNTS

MARCH 1, 2020

The facial recognition app Clearview AI was banned from Apple ’s developer program after allegedly violating the iPhone maker’s rules, Buzzfeed News reported on Friday (Feb. Analysis by BuzzFeed News of Clearview AI’s app for Apple’s mobile operating system discovered that Clearview broke rules about the distribution of its apps.

Law Enforcement 60

Law Enforcement AI Blocks Laws 60

PYMNTS

NOVEMBER 14, 2019

That’s where applied artificial intelligence (AI), such as machine learning, comes in. AI has become an essential tool for Visa in identifying the needle in the haystack: the attempted piece of malware or malicious code buried among the billions of normal events. But finding the signal in this noisy data is a challenge.

AI 84

AI Transactions Phishing Cybersecurity 84

Fintech News

MARCH 19, 2024

Okta Ventures’ investment criteria emphasise a focus on modern identity challenges, market demand, and the ability to offer unique value through Okta’s extensive network of integrations. ” said Austin Arensberg, Senior Director at Okta Ventures.

MFA 109

MFA Deepfake Credential Use Case 109

PYMNTS

SEPTEMBER 19, 2019

billion stolen credentials. Account opening fraud is a favorite tactic among such cybercriminals, many of whom rely on these credentials to pose as legitimate customers. AI, ML Innovations Necessary to Stop Account Opening Fraud. This is where AI and ML technologies can come in handy.

AI 57

AI Accounts Data Breach Credential 57

The Fintech Times

JUNE 26, 2025

Digital asset insurance broker Native has appointed George Frith as divisional director, Bitcoin mining and AI compute. He will focus on developing bespoke cover for digital infrastructure risks, from bitcoin mining to AI data centres. Wealthtech firm Orion has named Valli Nachiappan as chief technology officer.

FinTech 59

FinTech AI Online and Mobile Banking Non-Bank 59

Bank Automation

NOVEMBER 21, 2023

Anti-fraud and anti-money laundering companies are looking to AI to increase the efficiency of their detection models as digital fraud becomes more pervasive.

Account Takeovers 75

Account Takeovers Accounts Money Laundering Financial Crimes 75

Finextra

JULY 1, 2025

Misconfigured credentials, over-permissioned users, and outdated accounts no one remembered to turn off. When onboarding takes months and deprovisioning falls through the cracks, speed-to-market stalls and compliance risk skyrockets. Common causes? These aren’t technology failures but governance failures.

Embedded Finance 59

Embedded Finance Finance Payment APIs and Integration API 59