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

The Fintech Times

FEBRUARY 15, 2025

The five-day event saw experts from across the financial market come together to discuss and learn about AI-driven financial services, investment platforms, strategic partnerships, fraud prevention and more. LEAP 2025 featured a dedicated Fintech Track, covering digital banking, blockchain applications, and AI in finance.

Innovation 64

Innovation Fraud Prevention AI Compliance 64

The Payments Association

MARCH 25, 2025

The fintech sector is evolving rapidly, transforming financial transactions, but it is also facing growing regulatory scrutiny and risks, such as fraud and cybersecurity threats. As director/MLRO of SENDS, a UK-licensed EMI, I see AI’s potential in fraud prevention, AML, and compliance.

Regulatory Compliance 136

Regulatory Compliance AML Compliance PCI DSS 136

Nanonets

DECEMBER 13, 2023

Integrating AI and automation into the underwriting workflow presents a significant opportunity to minimize the time allocated to administrative tasks, manual processes, and repetitive data entries. In addition, AI can help insurance firms evaluate risk with high accuracy by analyzing large volumes of data.

AI 102

AI Process Fraud Detection Compliance 102

PYMNTS

DECEMBER 9, 2020

There are countless technologies banks are employing to help them in this task, but none are as effective as artificial intelligence (AI). The practical applications for AI extend far beyond credit risk assessment and detection, however.

Credit Risk 98

Credit Risk AI Risk Fraud Detection 98

PYMNTS

DECEMBER 14, 2020

consumers think about artificial intelligence (AI) as it relates to their financial lives? Just ask them, as was done for the December 2020 How To Put AI In Your 2021 FI Business Plan Playbook , a collaboration with Brighterion. Better credit management is just one benefit AI can confer to banks, however,” per the Playbook.

AI 87

AI Online and Mobile Banking Risk Assessment Credit Risk 87

Fi911

DECEMBER 19, 2023

In finance, AI’s role is becoming increasingly pivotal, particularly in fraud prevention and management. As digital banking services grow in popularity, the unfortunate byproduct is a corresponding rise in fraud. This trend underscores the question: Can AI truly integrate into the financial sector effectively?

Fraud Prevention 98

Fraud Prevention Fraud Detection Point-of-Sale (POS) Online and Mobile Banking 98

Fintech News

JULY 4, 2024

As artificial intelligence (AI) rapidly transitions from a nascent development to a ubiquitous technology accelerating advancements across the financial landscape, far-reaching implications for central banks worldwide are quickly emerging.

Central Bank 104

Central Bank AI Correspondent Bank Correspondent 104

Fintech Review

FEBRUARY 11, 2025

Artificial intelligence (AI) is transforming fintech. However, the debate continues: should AI replace human decision-makers or serve as an augmentation tool? While AI excels at processing vast datasets, it lacks human intuition. A balanced approach is necessary to harness AIs power without compromising human oversight.

AI 66

AI FinTech Risk Assessment Assessments 66

The Payments Association

MAY 16, 2025

AI is transforming compliance in financial services, offering efficiency gains while introducing new risks that demand robust governance. Artificial intelligence (AI) is no longer a futuristic concept. This includes a high concentration in anti-money laundering (AML), fraud detection, and client onboarding.

Compliance 88

Compliance AI Risk Audit 88

Finovate

JANUARY 15, 2025

The chill has been taken out of the industry as investors regain confidence, new startups can launch with less risk, and established players are doubling down on new technologies to meet evolving customer demands. From fresh AI applications to the new uses for embedded finance, fintech is experiencing a renewed momentum.

Embedded Finance 52

Embedded Finance FinTech Payment APIs and Integration AI 52

The Fintech Times

MAY 1, 2025

AI is already disrupting every area of the financial services industry, and is being included in almost every strategic conversation around technology-enabled transformation. High-quality, accurate data lies at the core of every successful AI implementation. It is here that a data-driven approach must be agreed upon.

AI 45

AI Risk Fraud Detection Risk Assessment 45

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. Emerging trends and challenges Matt DeLauro, CRO, SEON The proliferation of diverse payment methods introduces unprecedented complexity to fraud prevention.

Fraud Prevention 88

Fraud Prevention Risk Assessment Payments Account Takeovers 88

Fintech Finance

AUGUST 2, 2024

Leveraging machine learning and AI, the platform offers comprehensive monitoring and fraud detection capabilities. ComplyTek’s advancements in AI have significantly contributed to its recent industry recognition.

Instant Payments 94

Instant Payments Transactions Payment APIs and Integration Compliance 94

The Fintech Times

AUGUST 29, 2024

Cashfree Payments , the Indian paytech and API banking solutions provider, has launched Secure ID, its end-to-end solution for identity verification, risk assessment and fraud prevention. With Secure ID, Cashfree Payments has consolidated all its verification offerings into a single suite, boosting operational efficiency.

Checks 69

Checks Risk Assessment Security Payment APIs and Integration 69

The Fintech Times

MARCH 18, 2024

Key benefits of digital fraud prevention tools Real-time monitoring leveraging fraud detection algorithms The power of modern fraud detection tools lies in their ability to monitor transactions and user behaviour continuously, in real time.

Fraud Prevention 59

Fraud Prevention AI Fraud Detection Payments 59

Finovate

MARCH 28, 2024

The new offering combines fraud fighting and anti-money laundering operations in a unified, approach that helps institutions better deal with emerging threats and evolving regulations. AI-powered fraud and risk platform DataVisor launched its end-to-end anti-money laundering (AML) solution this week.

AML 59

AML Compliance AI Money Laundering 59

Trade Credit & Liquidity Management

MAY 27, 2025

As the global marketplace grows more interconnected and transactions shift online, businesses face an unprecedented wave of commercial fraud attempts, from sophisticated “bust-out” schemes to synthetic identity fraud that blends real and fabricated data. Please consider becoming a paid subscriber. billion in 2022 to $252.7

Fraud Prevention 52

Fraud Prevention Fraud Detection Verification Risk Assessment 52

Fintech News

MAY 20, 2024

As regulatory expectations continue to evolve, it’s crucial for organizations to stay ahead of the curve and adapt their compliance strategies to mitigate financial crime risks effectively. Experts anticipate that by 2028, the majority of banking, investment, and insurance processes will be assisted or driven by AI technologies.

FinTech 135

FinTech Embedded Finance BNPL On-Demand 135

FICO

FEBRUARY 15, 2017

In the previous posts in this mini-series, TJ Horan noted that AI is the newest hope for compliance , and Frank Holzenthal explored the benefits that AI can bring to compliance officers. As Frank noted in his post, we have integrated two main AI components into our AML products. Multiple ways for adopting analytics using Siron®.

AML 67

AML AI SARS Money Laundering 67

PYMNTS

DECEMBER 18, 2019

Many of these schemes take the form of clean fraud or friendly fraud — which sound innocuous, but are actually never-ending threats that many fraud-fighting systems are ill-equipped to counter. The system is meant to replace old rules-based systems with more proactive fraud analytics to stop fraud before it occurs.

AI 52

AI Fraud Detection Cryptocurrency Risk Assessment 52

M2P Fintech

MARCH 24, 2025

With the evolution of cutting-edge technology came centralized data management that provides real-time insights, and AI-driven monitoring and analytics. From loan underwriting to collections, AI algorithms streamline processes, enhance accuracy, and improve the overall customer experience. Explainable AI (XAI) promotes transparency.

Payment APIs and Integration 52

Payment APIs and Integration Blockchain Regulatory Compliance Compliance 52

Nanonets

DECEMBER 25, 2023

Enter Artificial Intelligence (AI), a technological powerhouse reshaping industries across the globe. AI emerges as a transformative force in healthcare claims processing, promising to revolutionize how we handle, assess, and streamline the intricacies of claims submissions and reimbursements.

AI 59

AI Process Payer Fraud Detection 59

Neopay

FEBRUARY 27, 2025

The financial sector is facing an unprecedented surge in AI-driven fraud, with deepfake-related attacks increasing by a staggering 2,137% over the past three years. of all fraud attempts detected in the financial sector now involve AI-generated forgeries, with deepfakes leading the charge.

Deepfake 52

Deepfake Fraud Detection Account Takeovers Fraud Prevention 52

The Fintech Times

OCTOBER 26, 2024

Dubai was buzzing with talk of AI… AI and…even more AI, alongside key themes such as investment, cybersecurity, data centres and futuristic tech. With AI, banks can monitor transactions and flag suspicious activities almost instantly,” said Haji.

Finance 69

Finance Ransomware Fraud Detection Cybersecurity 69

The Fintech Times

DECEMBER 28, 2023

With the Economic Crime and Corporate Transparency Act having received royal assent on 26 October, financial institutions must ensure they up their game and deliver sophisticated risk assessments over the coming months. Without them, those found to have failed to prevent certain instances of fraud could pay a very heavy price.

Fraud Prevention 81

Fraud Prevention Scams Fraud Detection Regulatory Compliance 81

Fintech News

MAY 16, 2024

FWD Singapore In Singapore, the insurtech sector is leveraging artificial intelligence (AI)-driven risk assessment to transform the insurance industry. Income Insurance is also a social enterprise, and says it is therefore committed to making insurance inclusive and works towards benefiting the wider community in Singapore.

Online and Mobile Banking 119

Online and Mobile Banking Innovation Blockchain Product 119

Stax

AUGUST 22, 2024

In this article, we’ll discuss what SaaS companies looking to become payment facilitators need to know about risk management strategies. PayFacs handle risk assessment, underwriting, settling of funds, compliance, and chargebacks which exposes them to greater potential risks.

Risk Management 88

Risk Management Risk Regulatory Compliance Due Diligence 88

The Fintech Times

MARCH 27, 2024

“To identify potential front and shell companies, financial services firms need to actively monitor transaction volumes and frequencies, while examining clients and counterparties for high-risk indicators such as locations of owners and controllers.

Money Laundering 93

Money Laundering Financial Crimes Crime Due Diligence 93

The Payments Association

OCTOBER 3, 2024

For instance, AI-powered customer support can provide instant assistance, enhancing customer satisfaction. Sophisticated credit-scoring algorithms allow for more accurate risk assessment, enabling banks to extend credit responsibly and efficiently. Banks that delay their digital transformation efforts do so at their peril.

Payment APIs and Integration 88

Payment APIs and Integration Online and Mobile Banking On-Demand Process 88

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

Nanonets

AUGUST 1, 2023

Notably, artificial intelligence (AI) has emerged as a key disruptor, holding immense potential to reshape accounting and assurance professions. AI also plays a crucial role in detecting fraudulent activities, scrutinizing transactions, and alerting auditors to potential irregularities. How is AI used in audit?

Audit 52

Audit Risk Assessment AI Assessments 52

The Fintech Times

MARCH 29, 2024

From enhancing risk assessment accuracy to personalising products and services, insurers are leveraging data analytics to optimise decision-making processes, mitigate risks and cater to evolving consumer needs. AI tools review customer data and suggest edits to premiums when a customer’s situation changes.

Risk Assessment 59

Risk Assessment Underwriting Assessments Risk 59

Fintech Finance

FEBRUARY 29, 2024

By combining Socure’s accurate and inclusive identity verification and fraud prevention ID+ platform with Trustly’s guaranteed Pay by Bank offering, merchants can onboard users and process payments in one integrated flow. Trustly, with direct banking integrations, provides instant Open Banking payments with transaction guarantees.

Fraud Prevention 52

Fraud Prevention Process FinTech Online and Mobile Banking 52

Seon

JULY 11, 2024

The panelists discussed the complexities and benefits of integrating fraud and AML teams, the challenges in scaling operations and the current global money laundering regulations. The critical need for AI-driven decision-making processes alongside human oversight was also emphasized. Below are the top takeaways from the discussion: 1.

Fraud Prevention 52

Fraud Prevention AML Money Laundering Financial Crimes 52

The Fintech Times

MARCH 31, 2024

Is the insurance sector risking over-reliance on artificial intelligence, and what’s the balance between innovation and human expertise? In part two of our spotlight on AI, let’s hear more from our community… ( part one here ). Allianz Partners has got two AI bots working on travel claims.

Risk 64

Risk AI Underwriting Automation 64

Seon

APRIL 23, 2024

Modern fraud risk management systems aim to proactively identify and thwart fraudulent activities before they occur or at the earliest juncture possible, ensuring the integrity of transactions without hindering the user experience – an approach that aligns with the growing expectations for seamless and secure digital transactions.

Risk Management 40

Risk Management Risk Technology Fraud Detection 40