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

APRIL 22, 2025

Unveiling digital fraud: Insights into scam trends and prevention in the UK payment sector January 3 2025 by Payments Intelligence LinkedIn Email X WhatsApp What is this article about? An examination of authorised push payments (APP) scams in 2023, their impact on victims, and the platforms most exploited. Why is it important?

Scams 88

Scams Romance Scams Crime Online and Mobile Banking 88

BioCatch

JULY 10, 2025

Massimo Moratti thought he was helping his country. When the voice on the phone claimed to be Italy's Defense Minister Guido Crosetto, urgently requesting funds to rescue kidnapped journalists, the former Inter Milan owner didn't hesitate. Within hours, nearly one million euros had vanished into a fraudulent Hong Kong account.

Scams 92

Scams AI Accounts 92

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

Fintech Finance

NOVEMBER 7, 2024

Ant International, a leading global digital payment and financial technology provider headquartered in Singapore, has been intensifying its integration of Artificial Intelligence (AI) technologies to enhance and secure millions of daily cross-border transactions for merchants across over 200 global markets.

Cross-Border 97

Cross-Border Deepfake AI Transactions 97

BioCatch

APRIL 24, 2025

The difference this year is artificial intelligence (AI) and social engineering tactics have increased both the sophistication and prevalence of tax scams. of various tax codes to con us into sending them our returns or estimated payments.

Tax Scams 64

Tax Scams AI Scams Returns 64

The Payments Association

DECEMBER 10, 2024

The article explores the growing threat of AI-enabled fraud in the payments sector and how firms can combat it with advanced technologies. It highlights the urgent need for payments firms to address AI-driven fraud to protect financial security, maintain customer trust, and comply with regulations. Why is it important?

AI 88

AI Fraud Detection Fraud Prevention Deepfake 88

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

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. Recent research by Signicat reveals that AI-driven fraud now constitutes 42.5%

AI 59

AI Deepfake Phishing Audit 59

Finextra

MAY 27, 2025

As scams become more advanced and personalized, the tactics used to manipulate individuals are incre.

Scams 59

Scams AI 59

Finextra

JUNE 3, 2025

Westpac has built an AI assitant to help support staff deal with customers who think they've been scammed.

Scams 59

Scams AI 59

Fintech News

MAY 8, 2025

The rise of AI The report also identifies artificial intelligence (AI) as a growing trend in the Indian cybercrime landscape. with attackers increasingly leveraging AI to make identity-based attacks more sophisticated and pervasive. The surge of deepfakes The rise of AI has also led to a surge in deepfake attacks.

Data Breach 121

Data Breach Deepfake MFA Phishing 121

Fintech News

FEBRUARY 4, 2025

Phishing continues to be one of the most prevalent scams affecting both consumers and businesses. A significant 62% of businesses are using AI-driven fraud prevention technologies to enhance security. Enhancing customer education by warning them about common fraud tactics can reduce the likelihood of them falling victim to scams.

Fraud Prevention 105

Fraud Prevention Phishing Authentication Disputes 105

The Fintech Times

JUNE 12, 2025

Global crypto scam losses surged to $4.6billion in 2024, with deepfake technology and social engineering emerging as the dominant tactics behind high-value thefts, according to crypto exchange and Web3 company Bitget. AI has made scams faster, cheaper, and harder to detect. This report is the flagship release within that effort.

Deepfake 45

Deepfake Scams AI Phishing 45

Finextra

JUNE 17, 2025

Home News Regulation Paddle to pay $5m to settle FTC tech support scam claims Editorial This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

FTC 64

FTC Scams Federal Trade Commission Privacy 64

The Payments Association

JANUARY 3, 2025

From payment fraud and chargebacks to cybercrime and emerging AI-driven threats, the roundtable provided a dynamic platform for merchants to share their experiences, strategies, and concerns. Instead, it encompasses increasingly complex schemes that exploit systemic gaps, from first-party fraud to sophisticated AI-driven scams.

Fraud Detection 88

Fraud Detection Fraud Prevention Participant Financial Crimes 88

Fintech News

JUNE 5, 2025

From seamless AI-powered interactions to rising concerns over digital fraud, shoppers are setting new expectations for speed, safety, and social responsibility. AI Is the New Shop Assistant AI is no longer a novelty in Singapores retail experience. These are, in fact, the key drivers of Singapore retail trends in 2025.

AI 68

AI Push-to-Card Consumer Fraud Prevention 68

Payments Dive

JULY 2, 2025

Deep Dive Opinion Library Events Press Releases Topics Sign up Search Sign up Search Retail Banking Restaurants Regulations & Policy Risk Technology B2B An article from Processors lean on AI to fight fraud Payments players are urging Washington policymakers to leave artificial intelligence less regulated so they can use it to fight fraud.

Processors 60

Processors AI FedNow Federal Reserve 60

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. Consider Hong Kong, where in early 2024 a deepfake scam tricked a corporate employee into transferring USD $25.6

Crime 68

Crime Deepfake AI APACS 68

The Fintech Times

FEBRUARY 17, 2025

Welcome to Edition 59 of The Fintech Times , where we explore how AI is reshaping banking, from boosting efficiency to cutting costs. With around 60% of banks fully integrating AI, the industry faces a strategic divideprioritizing productivity or reducing expenses. Happy reading!

FinTech 59

FinTech Romance Scams Scams AI 59

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 Payments Association

JUNE 16, 2025

The early impact of the UK’s mandatory reimbursement policy for authorised push payment (APP) scam victims, implemented in October 2024. Authorised push payment (APP) scams remain one of the most devastating forms of financial fraud affecting UK consumers. Why is it important?

Scams 88

Scams Assessments Consumer Protection Fraud Prevention 88

The Fintech Times

FEBRUARY 3, 2025

Account takeover scams saw a dramatic increase of 250 per cent last year. Victims of these scams not only face financial losses, averaging about $180 per incident, but 40 per cent also suffer from subsequent identity theft. The use of deepfake technology and generative AI is also on the rise, compounding the threat range.

Deepfake 81

Deepfake Account Takeovers Identity Theft Scams 81

The Fintech Times

FEBRUARY 14, 2025

“Using AI-driven tactics such as deepfake selfies and synthetic identities, organised fraudsters are testing traditional security measures like never before. It says future-proofing means adopting AI-driven validation and multi-layer defences to combat deepfakes, synthetic identities, and emerging threats.

Deepfake 78

Deepfake APACS Law Enforcement Fraud Detection 78

Payments Dive

JUNE 27, 2025

The payments and invoicing firm’s chief, Brandon Spear, sees artificial intelligence as “transformational” in its capacity to scale business scams.

Scams 78

Scams AI Payments 78

Payments Dive

JUNE 12, 2025

senators are proposing legislation that would create a task force to study payment scams and suggest ways for lawmakers and regulators to combat them , along with formulating industry best practices. Impostor scams represented the largest area of fraud, followed by scams related to online shopping, per the FTC.

Law Enforcement 88

Law Enforcement Scams Payments Zelle 88

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

Fintech News

MARCH 24, 2025

Furthermore, 62% of businesses are using artificial intelligence (AI) to help prevent fraudulent transactions in their stores. Phishing Phishing is one of the most common scam tactics in Singapore. In 2024, phishing scams were the third most concerning type of scam in Singapore. Victims lost a total of S$59.4

Phishing 52

Phishing Scams Payments Online and Mobile Banking 52

Fintech News

JUNE 12, 2025

Sumsub attributes the growing threat to the widespread use of AI-driven tools, including deepfakes and synthetic identity documents, which are being used to bypass digital verification processes. Deepfake-related fraud has expanded beyond impersonation and election interference to include AI-generated job scams.

Deepfake 87

Deepfake APACS FinTech Verification 87

Fintech Finance

FEBRUARY 13, 2025

Oftentimes, criminals also involve the accounts of unwitting civilians through methods such as romance and investment scams. TRACE incorporates critical data points across an entire domestic network to identify money mules involved in financial crime (such as frauds, scams, etc.),

Money Laundering 75

Money Laundering Financial Crimes Crime Visa 75

Payments Dive

JUNE 30, 2025

Editors picks Spencer Platt/Getty Images via Getty Images Zelle, big banks challenge senators on scam reimbursements Forcing banks to reimburse authorized payments could encourage bad behavior and would not deter scammers, bank executives said in a Senate hearing.

Card Services 97

Card Services Value Added Service Privacy Push-to-Card 97

Fintech News

JULY 15, 2025

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

Financial Crimes 52

Financial Crimes Crime Compliance Deepfake 52

The Fintech Times

MAY 30, 2025

With the AI boom appearing to take off almost overnight in early 2023, the sector has not looked back, leaping from one milestone to the next. In fact, according to findings from Grand View Research , the global AI markets value has skyrocketed by $400billion in just two years to reach $600billion.

Blockchain 51

Blockchain AI Use Case Cryptocurrency 51

The Fintech Times

APRIL 6, 2025

Lastly, the podcast crew turned to the topic of blockchain as the UK digital assets industry has called for blockchain to receive the same treatment as AI. The conversation started this week with Tom exploring real-time payments and where they fit into the financial education lifecycle.

Real Time Payments 64

Real Time Payments Blockchain Scams AI 64

Tearsheet

JANUARY 28, 2025

million fraud reports with only 5% of those scams occurring through P2P networks. Fighting fraud and scams is not a new initiative for Zelle. In 2023, we processed 99.95% of transactions without a report of scam or fraud, but we know the work to stay ahead of criminals is never done. Last year, the FTC received 2.6

Zelle 52

Zelle Transactions Credit Union P2P 52

Finovate

MARCH 19, 2025

This includes a global, fourfold increase in AI-driven deepfake scams. ” Through the partnership, banks and fintechs working with Tuum will benefit from automated identity verification and AI-powered fraud detection and transaction monitoring. .

Fraud Prevention 96

Fraud Prevention Fraud Detection Payment APIs and Integration Verification 96

The Fintech Times

MARCH 31, 2025

It found that fraud poses a substantial threat to Europe’s financial industry, with an estimated $103.6billion in losses resulting from various scams and bank fraud scenarios.

Cross-Border 64

Cross-Border Addressing Financial Crimes Elder Abuse 64