Finextra

JULY 2, 2025

Offering credit/debit cards, UPI, wallets, and even “Buy Now, Pay Later” gives people more choices. How Technology Helps New technologies like Artificial Intelligence (AI) are helping improve payment experiences. AI can detect fraud, fill in customer details quickly, and recommend payment options based on past behavior.

Online and Mobile Banking 52

Online and Mobile Banking AI Authorization Fraud Detection 52

Finextra

JULY 3, 2025

It simply facilitates transactions by linking to your customers existing financial instruments, like bank accounts or credit/debit cards. Users can: Store card credentials securely Authenticate with biometrics Make fast, online, and contactless payments Access loyalty points, tickets, or IDs You’re not managing funds.

eWallet 52

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

Finextra

JULY 10, 2025

Overly Aggressive Fraud Filters Fraud detection systems designed to protect merchants can sometimes be too strict, resulting in legitimate transactions being flagged and declined. Offer a variety of payment methods like credit and debit cards, popular digital wallets, local payment methods, and buy-now-pay-later options.

Transactions 52

Transactions Online and Mobile Banking Fraud Prevention Payment APIs and Integration 52

Finextra

JUNE 6, 2025

To address these issues, international leaders such as Klarna, Afterpay, PayPal, and Affirm are already using artificial intelligence (AI) and big data to minimise their losses and at the same time personalize services for customers and increase sales. AI-powered credit systems reduce default rates and improve customer satisfaction.

BNPL 52

BNPL Technology Payment APIs and Integration AI 52

EBizCharge

MAY 27, 2025

Payment analytics can include the following: Payment preferences: Payment analytics can track which payment methods customers use most frequently, such as credit and debit cards, Automated Clearing House (ACH)/eChecks, mobile wallets, and more. Whats the role of AI in payment analytics? Whats the role of AI in payment analytics?

PCI DSS 52

PCI DSS Payments Payments Trends Transactions 52

EBizCharge

APRIL 22, 2025

Salesforce also offers powerful automation tools, customizable workflows, and Artificial Intelligence (AI)-driven analytics that help businesses streamline operations, personalize customer experiences, and make data-informed decisions.

Payment APIs and Integration 52

Payment APIs and Integration Payment Gateways Gateways Payments 52

FICO

NOVEMBER 24, 2020

As many of us who have long been in the industry know, fraud remains a top challenge for debit cards. billion in gross (attempted) debit card fraud and ultimately incurred losses of over $1 billion on debit and ATM transactions; the need for an effective solution to this problem has never been greater.

Debit Card 52

Debit Card Fraud Detection Issuers ATM 52

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

PYMNTS

AUGUST 24, 2018

The system, which uses artificial intelligence (AI), will allow KeyBank to increase the accuracy of real-time approvals of genuine transactions and will help enhance the cardholder experience, Mastercard said in an announcement. “We We are tapping our deep capabilities in data analysis to help KeyBank with fraud detection.”.

Fraud Detection 42

Fraud Detection Visa AI Authorization 42

M2P Fintech

JULY 28, 2023

Debit cards are pivotal to a bank’s digital payment mix. In India, the number of debit cards in circulation is projected to witness a steady increase of 84.6 million cards by 2028. The total number of debit cards is anticipated to reach an impressive 1 billion*.

Debit Card 52

Debit Card Payment APIs and Integration Reconciliation Online and Mobile Banking 52

Fintech Finance

MAY 30, 2024

In a groundbreaking pilot in partnership with Pay.UK , Visa , a world leader in digital payments, has shown how leveraging the latest AI technology has the potential to drastically cut the £600m1 lost annually to account-to-account scams and fraud over recent years in the UK. In 2023, the UK saw 232,429 people falling victim to fraud.

Scams 52

Scams Faster Payments Fraud Detection AI 52

The Payments Association

DECEMBER 11, 2024

Digital payments demand advanced fraud prevention, blending AI and human intelligence to counter evolving threats while ensuring seamless user experiences. With a projected $400 billion in potential losses within the card industry, the stakes in this technological arms race have never been higher.

Fraud Prevention 88

Fraud Prevention Risk Assessment Account Takeovers Payments 88

FICO

MARCH 9, 2020

has become a prepaid card store, with rows and rows of gift and other prepaid debit cards on display. In April 2019 The Wall Street Journal reported , “The total amount loaded on general-use prepaid cards in the U.S. This is almost identical to the existing fraud protection provisions for credit cards.

AI 52

AI Fraud Detection Debit Card Error Resolution 52

Finovate

SEPTEMBER 26, 2024

Visa is acquiring fraud prevention company Featurespace to enhance its own fraud detection and risk-scoring solutions. DOJ over alleged monopolization in debit card markets. Visa signed an agreement to acquire fraud prevention company Featurespace today. The deal is expected to close in 2025.

Acquirers 64

Acquirers Fraud Detection Fraud Prevention Debit Card 64

Clearly Payments

DECEMBER 18, 2023

These digital solutions provide a secure repository for credit cards, debit cards, and loyalty cards, simplifying payments with a tap or swipe. AI (Artificial Intelligence) Assists Transactions In 2024, Artificial Intelligence (AI) is positioned to emerge as a force within the realm of financial transactions.

Payments Trends 102

Payments Trends Online and Mobile Banking Payment APIs and Integration Contactless Payments 102

Fintech Finance

SEPTEMBER 9, 2024

” Larger commercial businesses report a higher rate of payment fraud than small businesses. Other types of payment fraud included: Someone intercepted a business’ e-Transfer (sending or receiving) to deposit the money into a different bank account (22%). Fraudulent charges on their bank or credit cards (20%).

Online and Mobile Banking 97

Online and Mobile Banking Credit Cards Scams Payer 97

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 119

FinTech Financial Literacy Cross-Border Distributed Ledger Technology (DLT) 119

Finovate

SEPTEMBER 20, 2024

Demand from consumers for financial services is already significant and continuing to grow, with point-of-sale (POS) digital payment volumes tripling to over $22 billion in the three years ending in 2023, with the number of POS terminals and bank cards in circulation doubling over the same time period. Our plans are ambitious.

Innovation 122

Innovation FinTech Online and Mobile Banking On-Demand 122

Fintech Review

DECEMBER 3, 2024

The Emergence of Card Payments The introduction of credit cards in the mid-20th century marked a pivotal moment. Debit cards soon followed, enabling consumers to spend only what they had in their accounts. Over time, card networks such as Visa and Mastercard expanded globally.

Payment Solutions 97

Payment Solutions Payments Contactless Payments Online and Mobile Banking 97

Stax

JUNE 4, 2024

You should avoid payment providers that are overly focused on card-present transactions if your target market is increasingly demanding more convenient payment methods like e-wallets, mobile payments, and cryptocurrency. Customer support and service Excellent and prompt customer support ensures issues can be resolved quickly.

Process 88

Process PCI DSS Payment APIs and Integration Payments 88

Nanonets

APRIL 1, 2024

With advanced OCR and AI-powered data extraction, Nanonets enables enterprises to capture data from documents accurately, regardless of the format. It utilizes OCR technology, AI-powered data extraction, customizable approval workflows, ERP integrations, and real-time reporting.

Automation 98

Automation Multi-Currency Fraud Detection Compliance 98

Stax

AUGUST 22, 2024

Request Quote Why PayFacs Need an Effective Risk Management Strategy Payment facilitators remove the need for businesses to open merchant accounts of their own to accept payments like those from credit cards, debit cards, mobile wallets, etc. This makes it much easier and quicker for businesses to start accepting payments.

Risk Management 88

Risk Management Risk Regulatory Compliance Due Diligence 88

Payments Source

NOVEMBER 10, 2017

The spread of Alexa, Siri, Google Assistant and Samsung's Bixby are changing the way consumers interact with technology. Behind the scenes, artificial intelligence is doing more than ever to handle and protect payments.

AI 78

AI Payments Consumer Technology 78

FICO

NOVEMBER 10, 2020

As someone who has worked in fraud detection and mitigation for more than 30 years, I wanted to share some important facts on how banks and card issuers protect their customers from fraudulent transactions: with multiple defenses that are often invisible, and more importantly, often intentionally frictionless. Emphases added.).

Credit Cards 98

Credit Cards Consumer Card Issuer Issuers 98

PYMNTS

MAY 6, 2020

Fraudsters can also carefully hoard a cache of stolen bank account data, credit and debit card information, Social Security numbers and other details to impersonate legitimate customers, using these details outright or cobbling them together to perpetrate identity theft, new account fraud and gain entry to other platforms.

Fraud Prevention 72

Fraud Prevention Money Laundering AI Identity Theft 72

FICO

DECEMBER 18, 2019

The differences in fraud rates between debit and credit spending are similarly stark. Credit cards appear to be the main target of fraud, with an average fraud rate 1.5 times that of debit cards. Additionally, credit fraud rates increase steadily as the transaction amount increases.

Fraud Detection 52

Fraud Detection Push-to-Card Authentication Credit Cards 52

PYMNTS

OCTOBER 24, 2019

That’s the sense one gets when considering efforts to prevent fraudsters from exploiting digital payments and commerce, efforts taking on more importance as the global economy continues to grow — and which keep getting smarter, thanks to machine learning and artificial intelligence (AI) tools. Data always comes into play,” Pangam said.

Fraud Prevention 46

Fraud Prevention Fraud Detection Digital Payments Transactions 46

Segpay

MARCH 10, 2025

Moreover, these gateways support various payment methods, including credit and debit cards, e-wallets, and bank transfers, making it convenient for gamers to choose their preferred options. Security & Fraud Prevention Given the high-risk nature of online gaming, security is non-negotiable.

Payment Gateways 40

Payment Gateways Gateways Payment Solutions Payment APIs and Integration 40

The Fintech Times

DECEMBER 26, 2023

These include fintech, SaaS and cloud, e-commerce enablers, B2B marketplaces, and AI. In the first quarter of 2023, PIX transactions exceeded the combined total of credit and debit card transactions for the first time. billion credit card transactions and 3.8 billion debit card transactions during the same period.

B2B 64

B2B Due Diligence AI Central Bank 64

PYMNTS

MARCH 5, 2019

She stated, too, that a fraud detection team is tasked with watching for and preventing account takeovers. Data breaches, identity fraud and online scams are never identical or static instances,” she said.

Economy 59

Economy Cross-Border Alternative Payment Methods Account Takeovers 59

FICO

NOVEMBER 30, 2022

To help prevent this kind of fraud before it impacts consumers, banks and other financial institutions (FIs) can use advanced technology like artificial intelligence and machine learning (AI/ML) as well as sophisticated capabilities like advanced decisioning and proactive customer communications. compared to a traditional fraud score.

Scams 52

Scams Push-to-Card Fraud Prevention CashApp 52

PYMNTS

NOVEMBER 29, 2017

Customers will be able to designate a different card to each vendor or app. As an added measure, the bank is currently working with payments processing firm Discover to pilot physical debit cards that carry no card number, CVV or other identifying information, thus preventing use if stolen. Data privacy and security.

Debit Card 43

Debit Card Database Privacy Regulations 43

Nanonets

APRIL 1, 2024

With advanced OCR and AI-powered data extraction, Nanonets enables enterprises to capture data from documents accurately, regardless of the format. It utilizes OCR technology, AI-powered data extraction, customizable approval workflows, ERP integrations, and real-time reporting.

Automation 52

Automation Multi-Currency Fraud Detection Compliance 52

Nanonets

JUNE 29, 2023

Flow by Nanonets Flow stands out as the best software for spend management due to its powerful AI-based data extraction platform and a range of advanced features designed to optimize expense control workflows.  Flow Complex approval workflows, duplicate alerts and fraud detection Payment and reconciliation that works like magic.

Payment APIs and Integration 52

Payment APIs and Integration Online and Mobile Banking Automation Push-to-Card 52

Nanonets

FEBRUARY 21, 2024

Conducted typically at the close of a shift or business day, cash reconciliation covers not only physical currency but also checks, credit and debit card transactions, electronic fund transfers, and newer forms of payment like digital wallets and mobile payment platforms.

Reconciliation 52

Reconciliation Best Practices Point-of-Sale (POS) Automation 52

The Fintech Times

MARCH 20, 2025

By integrating Taktile’s advanced technology, Pleo is strengthening its anti-money laundering (AML) and fraud detection capabilities. The bespoke tools offered through this partnership are designed to give Pleo the agility to quickly adapt and evolve its fraud detection methods as new.

FinTech 59

FinTech Fraud Detection Treasury BNPL 59