Bank Automation

JANUARY 30, 2024

Technology and innovations advanced in leaps and bounds in 2023, including enhancements to AI, the introduction of generative AI and investment in data analytics.

Fraud Detection 124

Fraud Detection AI Automation Innovation 124

Fintech News

JANUARY 13, 2025

AI-Powered Automation: Streamlining Spend Management Source: Shutterstock SMEs handle hundreds of invoices monthly. This is where Artificial intelligence (AI) becomes important. Many organisations that have embraced AI have seen tangible results, including maximised revenue. AI can be a game-changer here.

AI 120

AI Finance Automation SWIFT 120

Fintech News

OCTOBER 16, 2024

Swift, the global financial messaging network, is launching a new AI-powered service to help banks fight financial crime. The initiative is part of Swift’s broader efforts to use AI to improve the security of cross-border payments. Swift is also testing fraud detection use cases in a sandbox environment.

Fraud Detection 107

Fraud Detection SWIFT AI Financial Crimes 107

Fintech News

SEPTEMBER 29, 2024

Payment giant Visa is set to acquire Featurespace, a company specialising in artificial intelligence (AI) technology for real-time payments fraud protection. Founded in 2008 at Cambridge University, Featurespace has developed AI-driven algorithms that can detect complex fraud patterns in transaction data.

Fraud Detection 107

Fraud Detection AI Acquirers Fraud Prevention 107

The Fintech Times

MAY 10, 2025

Whether through Banking-as-a-Service partnerships or agentic AI that guides financial decisions, we are moving toward an experience that is seamless and fully integrated into daily life.” Emerging tech: High-stakes opportunities The hype surrounding AI, blockchain and quantum computing continues to grow, and for good reason. .

AI 91

AI Blockchain Online and Mobile Banking Privacy 91

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

Finextra

FEBRUARY 1, 2024

Mastercard is turbocharging its fraud detection technology with generative AI that can scan a trillion data points to predict whether a transaction is likely to be genuine or not.

Fraud Detection 119

Fraud Detection Visa AI Transactions 119

The Fintech Times

MARCH 12, 2025

As technologies like cloud computing and artificial intelligence (AI) become more accessible, banks in 2025 will face a new challenge. In turn, this partnership has provided banks with speed and precision in delivering AI-driven services. How will banks utilise AI in 2025? “Agentic AI is a game-changer.

AI 71

AI Fraud Detection Non-Bank Fraud Prevention 71

Payments Next

NOVEMBER 21, 2024

Dozens of merchants, hundreds of customers, and money constantly The post How AI is Revolutionizing Fraud Detection in B2B Payments first appeared on Payments NEXT. By John Gronen, Chief Financial Officer, Yooz Imagine you’re managing a busy marketplace.

Fraud Detection 88

Fraud Detection B2B AI Payments 88

The Fintech Times

FEBRUARY 27, 2025

A couple of years after its initial boom, artificial intelligence (AI) still remains a huge buzzword in the fintech industry, as every firm looks at a new way of integrating the tech into its infrastructure to gain a competitive edge. While some are more successful than others, one indisputable success has been AI.

AI 76

AI FinTech Fraud Detection Automation 76

Fintech News

FEBRUARY 10, 2025

The financial services industry has consistently led the way in embracing technological advancements, with Generative AI (GenAI) emerging as a transformative force in recent years. However, the emergence of Agentic AI marks a significant evolution in this landscape. What is Agentic AI?

AI 79

AI FinTech Fraud Detection Fraud Prevention 79

Fintech Finance

MAY 22, 2024

As fraudsters seek new ways to exploit technology, Mastercard is using generative AI to double the speed at which it can detect potentially compromised cards, further protecting cardholders and securing the ecosystem. In doing so it alerts Mastercard to new, complex fraud patterns.

Fraud Detection 97

Fraud Detection Visa AI Technology 97

Stax

APRIL 24, 2025

Ever wondered how AI is shaping the world of payments? From identifying fraudsters to revolutionizing customer service, Mark explained how AI is already making waves in payments. Fraud Detection: A Key Focus When it comes to AI in the payments world, fraud detection is still the heavyweight champion, according to Sundt.

Privacy 88

Privacy Fraud Detection AI Push-to-Card 88

Payments Dive

JULY 2, 2024

Research from the investment bank Jefferies suggests generative artificial intelligence could be used in the payments industry to improve fraud detection and make transactions happen faster.

Fraud Detection 178

Fraud Detection AI Payments Research 178

The Fintech Times

FEBRUARY 19, 2025

A couple of years after its initial boom, artificial intelligence (AI) still remains a huge buzzword in the fintech industry, as every firm looks at a new way of integrating the tech into its infrastructure to gain a competitive edge. “The solution isn’t to use AI less, but rather to test it more rigorously. .

AI 64

AI Risk Monetary Loss Automation 64

Fintech Finance

DECEMBER 17, 2024

This forum, part of Visa’s annual client appreciation event, underscored Visa’s commitment to driving Vietnam’s digital transformation, with a focus on AI’s role in enhancing security and personalizing customer experiences. Enhanced Security: With the rise of digital payments, security is paramount.

Payments Trends 97

Payments Trends Cross-Border AI Payments 97

Finextra

JANUARY 13, 2025

Blockchain analysis giant Chainalysis has acquired generative AI-powered fraud detection startup Alterya.

Fraud Detection 69

Fraud Detection AI Blockchain Acquirers 69

Bank Automation

FEBRUARY 3, 2025

Mastercards deployment of generative AI to fight fraud in 2024 has reduced false positives and enhanced fraud detection. The payments giant added generative AI to its Decision Intelligence solution, a real-time decisioning tool, in February 2024, according to Mastercard.

Fraud Prevention 52

Fraud Prevention Visa AI Fraud Detection 52

Bank Automation

FEBRUARY 5, 2025

Loan origination systems MeridianLink and Sync1 Systems selected AI-driven lending technology provider Zest AI to integrate its fraud detection tool Zest Protect last week.

AI 59

AI Transactions Credit Union Fraud Detection 59

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. Fraud cost the financial industry US$485 billion in 2023.

Cross-Border Payments 131

Cross-Border Payments Cross-Border SWIFT AI 131

Fintech News

FEBRUARY 4, 2024

Mastercard has adopted generative artificial intelligence (AI) techniques to strengthen security measures for consumers and the broader payments network. The introduction of generative AI technology marks a major step up, enabling the analysis of over one trillion data points to predict the authenticity of transactions.

Fraud Detection 87

Fraud Detection Visa AI Payments 87

The Payments Association

JANUARY 3, 2025

A roundtable discussion among merchants addressing the evolving challenges of fraud in their operations across various sectors. It highlights the necessity of advanced fraud detection and greater industry collaboration. Improving regulations, using technology for detection, and fostering industry-wide cooperation.

Fraud Detection 88

Fraud Detection Fraud Prevention Participant Financial Crimes 88

Bank Automation

MAY 2, 2024

Card giants Mastercard and Visa leaned into AI and generative AI for fraud detection in the first quarter. “We continue to enhance our solutions with generative AI to deliver even more value,” Chief Executive Michael Miebach said during Mastercard’s May 1 earnings call.

Visa 124

Visa AI Fraud Detection Continuity 124

FloQast

MARCH 19, 2025

In an industry facing an extreme talent shortage, combined with rapidly evolving technology, Artificial Intelligence (AI) agents should be a top priority for all accounting departments to evaluate this year. But what exactly are AI agents, how can you use them, and what are the benefits? What are AI Agents? Lets dive in!

AI 52

AI Accounts Fraud Detection Audit 52

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. “AI is in our DNA at Hawk,” Schweiger said.

Financial Crimes 71

Financial Crimes Crime Money Laundering Fraud Detection 71

Neopay

JANUARY 22, 2025

Fraudsters are exploiting GenAI tools such as large language models (LLMs), voice cloning, and deepfakes to carry out increasingly sophisticated scams that are harder to detect and prevent. Impersonation fraud: Voice cloning technology allows scammers to convincingly impersonate family members, colleagues, or business executives.

AI 59

AI Deepfake Phishing Audit 59

Fintech Finance

APRIL 24, 2025

In response, 96% of US banks back the implementation of a ‘confirmation of payee’ scheme to protect against fraud. Other fraud-fighting measures like AI (40%), real-time fraud detection (39%), and multi-factor authentication (35%) are also gaining traction.

Transaction Limits 84

Transaction Limits RTP FedNow Instant Payments 84

Finovate

MARCH 19, 2025

The integration of Sumsub’s compliance solutions will help financial institutions deal with the growing threat of fraud and financial crime. This includes a global, fourfold increase in AI-driven deepfake scams. This will enable them to onboard customers faster and comply with international KYC/AML regulations.

Fraud Prevention 96

Fraud Prevention Fraud Detection Payment APIs and Integration Verification 96

The Fintech Times

JUNE 1, 2024

Even worse, the fraud landscape shows no signs of improving, as bad actors increasingly utilise AI to increase the damage done to financial organisations. Meanwhile, the fraud landscape is rapidly changing. Over a third of fraud attempts (42.5 Overall, around 29 per cent of these AI-driven fraud efforts are successful.

SWIFT 124

SWIFT AI Fraud Detection Fraud Prevention 124

Fraud.net

DECEMBER 26, 2024

Explore how machine learning fraud detection reduces false positives, improves accuracy, and adapts to emerging fraud trends.

Fraud Detection 52

Fraud Detection Real Time Payments Money Laundering Fraud Prevention 52

The Payments Association

JANUARY 21, 2025

Furthermore, the report takes a forward-looking approach, incorporating forecasts for 2025 and exploring pivotal themes such as artificial intelligence in payments, the evolution of tokenisation and decentralised finance (DeFi), and the adoption of emerging technologies like blockchain, generative AI, and machine learning.

Payments Trends 88

Payments Trends Financial Crimes Cross-Border Payments 88

The Fintech Times

NOVEMBER 16, 2024

To this end, 65 per cent of merchants plan to invest in artificial intelligence (AI) over the next 12 months, recognising its role in real-time fraud detection and improved payment performance. .” One of the main reasons for this is that 63 per cent of merchants believe this is their main challenge for the year ahead.

Fraud Prevention 59

Fraud Prevention Compliance Regulatory Compliance AI 59

The Fintech Times

JULY 19, 2024

The Monetary Authority of Singapore (MAS) has committed an additional S$100million to support the development of quantum and artificial intelligence (AI) technologies in the financial sector. Nevertheless, the level of AI-readiness and adoption varies across financial institutions in Singapore.

AI 129

AI Fraud Detection Use Case Scams 129

Fintech News

MAY 22, 2024

Mastercard has announced the implementation of generative AI technology to significantly accelerate the detection of compromised cards, enhancing protection for cardholders and securing the payment ecosystem. The new technology scans transaction data across billions of cards and millions of merchants at unprecedented speeds.

Compromise 119

Compromise Visa AI Fraud Detection 119

The Payments Association

JANUARY 8, 2025

The payments industry in 2025 will see advancements in real-time payments, AI tools, and voice-activated technologies reshaping consumer and business interactions. AI and machine learning in payments Anastasija Tenca, chief operations officer at Noda AI and machine learning will have an even bigger impact on payments in 2025.

Non-Bank 88

Non-Bank Real Time Payments Instant Payments Payments 88

The Fintech Times

DECEMBER 10, 2024

AI-powered automated document authentication and fraud detection solutions provider, IDVerse is set to be acquired by data and analytics platform, LexisNexis Risk Solutions and become a part of LexisNexis Risk Solutions Business Services to combat AI-generated fraud.

AI 64

AI Risk Acquirers Deepfake 64

The Finance Weekly

DECEMBER 12, 2023

Artificial intelligence (AI) is quickly progressing and becoming a bigger part of our everyday lives. Professionals, researchers, and enthusiasts must keep informed about the ,, latest AI news , especially in finance. Luckily, many websites offer in-depth coverage of the newest AI trends.

AI 130

AI Finance Cybersecurity Fraud Detection 130