Finovate

APRIL 8, 2025

AI-powered anti-money laundering (AML) company Hawk has raised $56 million in Series C funding. Hawk , a company offering AI-powered anti-money laundering (AML), screening, and fraud prevention solutions, has secured $56 million in Series C funding. This drives up the cost of fighting financial crime.

Financial Crimes 72

Financial Crimes Crime Money Laundering Fraud Detection 72

The Payments Association

MARCH 5, 2025

As global sanctions and regulatory pressures intensify, Lynxs AML Screening empowers financial institutions with pioneering AI to stay ahead of compliance challenges. With the United Nations Office of Drugs and Crime estimating that between 2 and 5% of global GDP is associated with money laundering each yearbetween 715 billion and 1.87

Financial Crimes 88

Financial Crimes AML Crime Risk 88

The Payments Association

FEBRUARY 10, 2025

Economic Crime and Corporate Transparency Act examined: A guide to avoiding the failure-to-prevent fraud offence February 6 2025 by Payments Intelligence LinkedIn Email X WhatsApp What is this article about? And dont forget to keep your risk assessment and procedures up-to-date going forward!

Crime 88

Crime Fraud Prevention Risk Assessment Due Diligence 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. It underscores the need for payment firms to balance AI innovation with robust privacy and regulatory compliance to protect sensitive consumer data. Why is it important?

Privacy 88

Privacy Payment Security AI Security 88

Fintech Finance

DECEMBER 11, 2024

To better combat fraud in cross-border payments, Swift, the global provider of secure financial messaging services, is working with Google Cloud to develop anti-fraud technologies that use advanced AI and federated learning. This is a global epidemic that demands a collaborative effort to achieve meaningful change.

SWIFT 95

SWIFT AI Cross-Border Payments Privacy 95

Fintech News

MAY 21, 2025

Temenos has introduced a new AI-powered solution aimed at improving how banks detect and manage financial crime. Announced at the Temenos Community Forum in Madrid, the Temenos FCM AI Agent is now generally available. The AI Agent was developed in collaboration with a European tier-1 bank under Temenos Design Partner Program.

Financial Crimes 65

Financial Crimes Crime Compliance AI 65

Fintech News

JUNE 11, 2025

At the centre of this threat is Grey Nickel , a sophisticated cybercriminal group using deepfakes, synthetic identities, and AI-powered attack tools to breach banks, crypto exchanges, and digital payment platforms. In Southeast Asia, AI-powered deepfake crimes saw a 600% surge in online mentions in the first half of 2024 alone.

Crime 65

Crime Deepfake AI APACS 65

The Fintech Times

FEBRUARY 19, 2025

Feedzai , an AI solution provider in financial crime prevention, is teaming up with payments giant Mastercard , to makeit easier for more banks to identify and stop scams, protecting consumers and businesses globally. As payments continue to evolve, fraudsters are increasingly using AI to scam consumers.

Visa 59

Visa AI Consumer Scams 59

The Payments Association

JANUARY 21, 2025

This report provides a comprehensive analysis of the key trends defining the payments sector in 2024, highlighting the opportunities for strategic growth, as well as the challenges posed by regulatory pressures, financial crime, and evolving infrastructure demands.

Payments Trends 88

Payments Trends Financial Crimes Cross-Border Payments 88

Fintech Finance

FEBRUARY 13, 2025

Mastercard today officially announced the launch of TRACE (Trace Financial Crime) in Asia Pacific, a sophisticated network-level solution that harnesses artificial intelligence to identify and prevent money laundering and financial crime. giving financial institutions a network-level perspective they wouldnt otherwise have.

Money Laundering 75

Money Laundering Financial Crimes Crime Visa 75

Finextra

JUNE 25, 2025

In a world of instant expectations, rising digital risk, and hypercompetition, AI is not a future concept,it’s the present differentiator. Here’s how AI is redefining payments at every layer of the stack. AI optimises behind-the-scenes decisioning to avoid this pain. But fraud doesn’t wait, and neither can protection.

Fraud Detection 59

Fraud Detection AI Payments PCI DSS 59

Finextra

JUNE 30, 2025

Across the globe, countries are embracing AI at vastly different speeds, with Asia and the Middle East taking the lead in enterprise adoption, while the U.S. and UK scale up their generative AI pilots. and UK scale up their generative AI pilots. AI adoption—including generative AI—varies significantly by country and region.

AI 69

AI Finance Fraud Detection Use Case 69

Fintech News

JULY 15, 2025

Despite spending over $200 billion globally on compliance, financial crime continues to surge. AI, deepfakes, and scam networks are evolving faster than traditional defenses.

Financial Crimes 52

Financial Crimes Crime Compliance Deepfake 52

Fintech News

FEBRUARY 4, 2025

.” While only 1% of banks surveyed have successfully automated the majority of their KYC and onboarding workflows, the report reveals a growing interest in AI-driven solutions. 38% of respondents indicated plans to implement AI to enhance operational efficiency, while 30% aim to improve data accuracy with AI-powered tools.

Money Laundering 119

Money Laundering Due Diligence AML Financial Crimes 119

Finovate

DECEMBER 11, 2024

ThetaRay launched GenAI Financial Crime Detection Suite. The GenAI Financial Crime Detection Suite enables financial institutions to improve AML efforts, streamline compliance, and proactively manage risk indicators. The service allows clients to adapt the models to their specific task or use case. Vice President Yina Arenas.

Financial Crimes 59

Financial Crimes Crime Money Laundering Risk Assessment 59

Finextra

JULY 14, 2025

AI didn’t just automate services—it began shaping intimate, context-aware journeys that feel less like banking and more like a personal concierge for your financial life. Banking, Tailored: Personalized Banking Experiences AI turns one-size-fits-all into one-size-fits-one, driving double-digit revenue and CSAT jumps. The result?

AI 71

AI Rules Online and Mobile Banking Non-Bank 71

Finextra

JUNE 5, 2025

A project by the Bank of England and the London BIS Innovation Hub to use AI to spot unfolding and novel financial crime patterns in real-time retail payment systems showed promise but threw up a number of limitations to its efficacy.

Real Time Payments 80

Real Time Payments AI Financial Crimes Crime 80

The Payments Association

APRIL 7, 2025

The findings reflect professionals’ perspectives across various seniority levels and industry segments, including banking, digital assets, and financial crime prevention, among others. It serves as a valuable resource for stakeholders seeking to navigate the complexities of this dynamic sector.

Financial Crimes 88

Financial Crimes Interoperability Crime Payments 88

Neopay

JANUARY 22, 2025

According to a recent report by the National Crime Agency (NCA), GenAI represents one of the most substantial threats to the fraud landscape today. How GenAI is changing the fraud landscape AI-driven fraud is not a new concept, but the accessibility and capabilities of GenAI have dramatically expanded fraudsters’ arsenals.

AI 59

AI Deepfake Phishing Audit 59

The Payments Association

JULY 19, 2025

Smaller PSPs are driving competition and innovation, using real-time data and the latest technology to prevent economic crime. Jane Jee Ambassador, TPA “Despite leaner compliance teams, EMIs are subject to the UK’s strict MLRs and FCA oversight, and often deploy advanced anti-financial crime tools that rival or surpass traditional banks.

Money Laundering 88

Money Laundering Risk Financial Crimes Due Diligence 88

Fintech Finance

DECEMBER 19, 2024

Visa (NYSE: V) today announced it has completed its acquisition of Featurespace , a developer of real-time artificial intelligence (AI) payments protection technology that prevents and mitigates payments fraud and financial crime risks. The Featurespace business will become part of Visas Risk and Identity Solutions business unit.

Fraud Prevention 97

Fraud Prevention Value Added Service Financial Crimes AI 97

Finextra

JUNE 27, 2025

Structure will bring clarity and precision to payments, improving financial crime compliance, sanctions screening, and processing speed. They can also use AI-based address validation software to help automate the process. The benefits are far-reaching. But there are big, expensive hurdles to overcome first.

Addressing 90

Addressing ISO 20022 ISOs Payment APIs and Integration 90

The Payments Association

APRIL 22, 2025

Industry players (banks and smaller payments players) must continue collaborating on typologies and prioritising detection and awareness campaigns" Jessica Cath Partner, Financial Crime, Thistle Initiatives "As banking security improves, criminals shift tactics, targeting the weakest linkpeople.

Scams 88

Scams Romance Scams Crime Online and Mobile Banking 88

The Payments Association

JANUARY 3, 2025

On 19 November 2024, merchants from across sectors gathered in London as part of The Payments Associations Financial Crime 360 (FC360) series to address the ever-evolving challenge of fraud in their operations. As fraud continues to grow in sophistication, merchants are increasingly at the forefront of the battle against financial crime.

Fraud Detection 88

Fraud Detection Fraud Prevention Participant Financial Crimes 88

Finextra

JUNE 13, 2025

Instead of scaling with people or piecemeal software, today’s most advanced fintechs are scaling with context-aware AI infrastructure, enabling autonomous agents to operate with memory, relevance, and the ability to adapt across time. The new generation of AI agents are far more capable. It also means building in feedback loops.

AI 59

AI FinTech CRM API 59

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

Finovate

FEBRUARY 10, 2025

A newly announced strategic partnership between Backbase and Feedzai aims to bring advanced financial crime prevention technology to engagement banking. ” Headquartered in San Mateo, California, Feedzai offers technology that leverages AI to help businesses fight fraud and financial crime. .

Financial Crimes 65

Financial Crimes Crime Fraud Prevention Account Takeovers 65

Finextra

JUNE 11, 2025

Future Vision: Increased use of AI and machine learning for real-time fraud detection and prevention. Impact: Build greater trust in digital payments, protect consumers and businesses from financial crime, and ensure operational resilience of the payment ecosystem. It expresses the views and opinions of the author.

Financial Inclusion 52

Financial Inclusion Payment APIs and Integration Real Time Gross Settlement (RTGS) Funds Transfer 52

Finovate

FEBRUARY 3, 2025

UK-based financial crime compliance solutions company Napier AI has received a majority growth investment from Marlin Equity Partners. Today’s funds add to Napier AI’s existing $55.8 Financial crime compliance solutions company Napier AI has received a majority growth investment from Marlin Equity Partners.

AI 52

AI Financial Crimes Money Laundering AML 52

The Payments Association

JUNE 11, 2025

In response to the rapidly evolving threat landscape and feedback from our financial crime-fighting community, we are highlighting several data-driven strategies that support our clients. Control building: Deployment of both rule-based and machine learning systems to improve accuracy, scalability, and maintainability of crime controls.

Risk 88

Risk Financial Crimes Crime Compliance 88

The Fintech Times

APRIL 2, 2025

Revolut today released its third Consumer Security and Financial Crime Report , revealing the rapidly evolving tactics of fraudsters across its markets. The report highlights that Meta platforms remain the biggest source of all scams globally (58 per cent) in 2024.

Scams 59

Scams Consumer Financial Crimes Encryption 59

Finextra

JUNE 26, 2025

AML compliance: Fighting financial crime Criminals always look for ways to misuse payment systems. It’s a set of rules and practices designed to detect, prevent, and report financial crimes. AML stops financial crime. AML compliance helps you stop them before they succeed. What is AML in payment processing?

PCI DSS 52

PCI DSS AML Process Payment APIs and Integration 52

The Payments Association

APRIL 28, 2025

It highlights how industry leaders are prioritising AI, cross-border payments, and digital currencies while grappling with regulatory, technological, and customer demands. Financial crime and cyber security threats are identified by 9% of respondents, underlining the importance of maintaining robust defences as digital payments expand.

Cross-Border Payments 88

Cross-Border Payments Cross-Border Digital Currency Financial Crimes 88

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

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

Fintech Finance

OCTOBER 30, 2024

Our Distinguished Speakers line-up: Abbas Khamisa, Head of Treasury Solutions, Global Banking at MUFG Investor Services Alessandra D’Este, Senior Payments Expert, EMEA at Swift Amrit Toor, Solutions Architect at Cloudflare Andrea Moundi Savvides, Global Director of Risk and Compliance (Harneys) and Chair and Founding Member of the Cyprus Compliance (..)

Compliance 98

Compliance AML Money Laundering Payments 98

Finextra

JULY 5, 2025

On core payment processing capabilities, both Stripe and Adyen offer a f ull-spectru m, global solution. It expresses the views and opinions of the author.

Product 52

Product Payment APIs and Integration Online and Mobile Banking Authorization 52