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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. security platform, as part of its broader strategy to address illicit financial activities. This acquisition follows Chainalysis’s recent purchase of Hexagate, a Web 3.0

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Finance AI Chatbots for Businesses

The Finance Weekly

What Are Finance AI Chatbots? At their core, finance AI chatbots are virtual assistants designed to automate financial tasks and provide customers with personalized, real-time support. Why Are Finance AI Chatbots Important for Businesses? These chatbots enhance security and build customer trust by alerting users in real-time.

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The rise of generative AI in payment security: A double-edged sword for data privacy

The Payments Association

The dual impact of generative AI on payment security, highlighting its potential to enhance fraud detection while posing significant data privacy risks. It underscores the need for payment firms to balance AI innovation with robust privacy and regulatory compliance to protect sensitive consumer data. Why is it important?

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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. As the digital economy continues to grow, so does the need for quick, seamless, and secure payments. Today, businesses can use bespoke AI tools to fine-tune their risk controls.

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Embedded Analytics Insights for 2024

Organizations look to embedded analytics to provide greater self-service for users, introduce AI capabilities, offer better insight into data, and provide customizable dashboards that present data in a visually pleasing, easy-to-access format.

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

Fintech News

The partnership will leverage advanced AI and federated learning techniques combined with privacy-enhancing technologies (PETs) and Trusted Execution Environments (TEEs). This will enable collaborative intelligence without compromising the privacy or security of sensitive financial data.

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AI Becomes the Banker: 21 Case Studies Transforming Digital Banking CX

Finextra

Within this article, we analyze how AI’s adoption in 2024 impacted key areas of digital CX, highlighting global trends as well as specific insights from major markets like the US and UK. Overall, banks that deployed AI at scale in 2024 reported significant improvements in digital channel usage and customer feedback.

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