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Visa Ramps Up AI-Powered Fraud Prevention During Holiday Shopping Globally

Fintech News

Visa announced that its fraud prevention system blocked nearly 85% more suspected fraudulent transactions globally this Cyber Monday compared to the same day last year. This solution, launched earlier this year, leverages generative AI to help prevent account takeovers and other types of fraud across shopping platforms.

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Chainalysis Acquires AI Fraud Detection Firm Alterya

Fintech News

Blockchain analysis firm Chainalysis has acquired Alterya , an AI-based fraud detection platform focused on identifying scams before they impact victims. Fraud detection faces new challenges with advanced technologies like generative AI enabling more complex scams.

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Visa Finalises Featurespace Acquisition to Bolster AI Fraud Detection

Fintech News

Visa has finalised its acquisition of Featurespace, a company specialising in real-time artificial intelligence technology for payment protection. The acquisition is expected to bolster Visa s fraud protection capabilities and enhance security for its customers worldwide.

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Lynx fraud prevention wins top spot at FSTech Awards

The Payments Association

We’re excited to share that Lynx has won the Anti-Fraud Solution of the Year award at the 2025 FSTech Awards, a celebration of financial services innovation in the UK and EMEA. Financial institutions (FIs) grapple with complex, interconnected fraud and financial crime challenges.

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Worldpay to Acquire Ravelin, a Leading AI-Native Fraud Prevention Platform

Fintech Finance

Worldpay , a global industry leader in payments technology and solutions, today announced it has entered into a definitive agreement to acquire Ravelin , an AI-native fraud prevention platform headquartered in London, UK. KeyBanc Capital Markets served as exclusive financial advisor to Ravelin.

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Swift and Google Cloud Join Forces to Combat Fraud with AI Innovations

Fintech News

Swift, the global financial messaging service provider, is collaborating with Google Cloud to develop innovative anti-fraud technologies. The partnership will leverage advanced AI and federated learning techniques combined with privacy-enhancing technologies (PETs) and Trusted Execution Environments (TEEs).

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AI is reshaping payments: Smarter, faster, more secure

The Payments Association

As digital payments evolve, AI is reshaping fraud prevention with real-time insights, adaptive controls, and improved security across financial systems. Unfortunately, older fraud detection methods often cant keep up with todays fast-moving threats. Theres also the challenge of fitting AI into legacy systems.

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