The Payments Association

FEBRUARY 10, 2025

The Economic Crime and Corporate Transparency Act 2023, specifically the “failure-to-prevent fraud” offence, and outlines how businesses can mitigate fraud risks. This legislation represents a significant shift in corporate accountability, aiming to strengthen the UKs legal framework against financial crime.

Crime 88

Crime Fraud Prevention Risk Assessment Due Diligence 88

Finextra

JUNE 18, 2025

Home Announcements Regulation OnePay selects Flagright for trransaction monitoringg and AML compliance External This content is provided by an external author without editing by Finextra. By adopting scalable AI-powered monitoring tools, OnePay reinforces its leadership in proactive compliance and fraud prevention.

AML 52

AML Compliance Financial Crimes Crime 52

The Fintech Times

MARCH 31, 2025

As cross-border transactions grow in Europe, the cloud-based financial crime management technology solutions provider, Nasdaq Verafin has revealed that these payment channels are opening up more passageways for fraud to take place, as $194.9billion was moved across borders in 2023; more than a quarter of the total fraud figure in 2023 ($750billion).

Cross-Border 64

Cross-Border Addressing Financial Crimes Elder Abuse 64

Finovate

JUNE 20, 2025

NetGuardians and Intix have merged to form Vyntra, a new company focused on unifying transaction observability and financial crime prevention for banks and financial institutions. The two announced this week that they have merged to form Vyntra , which aims to bring transaction intelligence to financial institutions.

Financial Crimes 52

Financial Crimes AML Crime Money Laundering 52

The Payments Association

DECEMBER 19, 2024

Dialect, the payments specialist business outsource provider and Synalogik , the data aggregation and fraud prevention platform, are pleased to announce their new strategic partnership. Together, we’re setting a new standard for excellence and innovation in the fight against fraud.

Fraud Prevention 88

Fraud Prevention Money Laundering Financial Crimes AML 88

The Paypers

JUNE 26, 2025

QwikPay integrates iDenfy’s identity verification and AML solutions to support secure and real-time user onboarding while remaining compliant with Australia’s financial regulatory requirements and industry laws.

Compliance 36

Compliance Security AML Verification 36

Finovate

JANUARY 30, 2025

What can the financial services industry do to better educate their clients about the challenge of financial crime? Before joining the financial services industry, Littlechild was a specialist in white collar crime, investigations, and compliance at Ropes and Gray.

Financial Crimes 52

Financial Crimes Crime White Collar Crime AML 52

Fintech Finance

MAY 13, 2025

Issuer processing powerhouse Enfuce unveils the Fortitude Pledge, a bold new compliance and security standard, that aims to eliminate 100% of financial crime risks across all Enfuce-processed card transactions. Anything less than full commitment means accepting the unacceptable and that’s a compromise the industry cannot afford.

Compliance 59

Compliance Financial Crimes Global Payments Money Laundering 59

The Fintech Times

JUNE 22, 2025

Trust, transparency and real-time intelligence are of paramount importance in the cybersecurity world as organisations and customers need to have faith that financial crime is being prevented. We’re proud to support the team as they lead the way in transaction observability and financial crime prevention.”

Compliance 40

Compliance Financial Crimes Crime AML 40

The Paypers

JUNE 12, 2025

Following this announcement, the company’s expanded offering will integrate fraud prevention and AML compliance, aiming to provide teams with access to a single platform to screen and monitor customers in real-time, manage alerts, investigations, and regulatory reporting.

Money Laundering 41

Money Laundering AI AML Financial Crimes 41

Finovate

JUNE 3, 2025

Early adopters like Jack Henry and Novobanco are piloting the solution, signaling a growing industry shift toward collaborative, AI-driven fraud prevention. Its a breakthrough that takes fraud prevention to an entirely new level.”

Fraud Prevention 40

Fraud Prevention Financial Crimes Compromise Privacy 40

The Payments Association

JULY 18, 2025

In the UK, the implementation of landmark fraud prevention laws and the expansion of the cryptoasset regulatory perimeter mark a decisive shift towards greater accountability. Next steps/action required: Conduct or update a fraud risk assessment, with documented outputs and regular review cycles.

Regulations 88

Regulations Payments Payment APIs and Integration Legal 88

Fintech News

FEBRUARY 26, 2024

Flagright, an AI-native company specialising in Anti-Money Laundering (AML) compliance and fraud prevention, has announced its partnership with SALT, a financial platform aiming to support Small and Medium Enterprises (SMEs) in India and Asia.

Fraud Prevention 122

Fraud Prevention Compliance Money Laundering AML 122

The Payments Association

MARCH 25, 2025

As director/MLRO of SENDS, a UK-licensed EMI, I see AI’s potential in fraud prevention, AML, and compliance. At SENDS, we integrate AI-powered compliance tools to streamline KYC and AML, improving efficiency, accuracy, and speed.

Regulatory Compliance 136

Regulatory Compliance AML PCI DSS Compliance 136

The Payments Association

APRIL 7, 2025

SNEAK PEE K: Unveiled: Key Financial Crime 360 findings July 16, 2024 by Payments Intelligence LinkedIn Email X WhatsApp What is this article about? The findings of the Financial Crime 360 survey, focusing on the challenges, prevalent fraud types, and strategic responses across various sectors. Why is it important?

Financial Crimes 88

Financial Crimes Crime Fraud Prevention AML 88

Fintech News

MAY 22, 2024

Over the past years, financial crime tech has risen to prominence, driven by increasing complexity and frequency of financial crimes, stricter regulations and compliance requirements, and technological advancements. Today, we delve into these firms’ offerings, recent strides and contributions to the field.

Financial Crimes 105

Financial Crimes Crime APACS Risk Assessment 105

Fintech News

JULY 31, 2024

Hawk, a provider of AI-driven fraud prevention and anti-money laundering (AML) technology, has secured additional Series B funding with Macquarie Capital. This new funding aims to enhance Hawk’s international growth as demand for its AI-powered anti-financial crime technology continues to rise.

AI 109

AI Fraud Prevention Financial Crimes Security 109

Fintech News

OCTOBER 21, 2024

This funding will support Tookitaki’s expansion across key Asian markets and bolster its financial crime prevention technology. Tookitaki’s platform, FinCense, uses AI to help institutions detect and address financial crime more effectively. The sum was not disclosed.

Financial Crimes 137

Financial Crimes Security Crime Cross-Border Payments 137

The Payments Association

APRIL 23, 2025

To address the money mule problem, organisations must combine elements of fraud prevention, cyber threat intelligence, and anti-money laundering capabilities. Is AML a real-time problem? It takes AML teams weeks (if not months) of diligent analysis to escalate these activities to law enforcement.

AML 88

AML Suspicious Activity Report (SAR) Addressing Fraud Prevention 88

FICO

MARCH 6, 2020

In September 2019, Fico and Visma announced their partnership to Offer SaaS Anti Financial Crime Solutions in Western Europe. I also manage the partner channels and programs for our financial crime compliance solutions. For more than two decades I have now been working in the financial services industry.

Financial Crimes 81

Financial Crimes Crime Compliance Technology 81

Finovate

JUNE 20, 2024

Refine Intelligence has introduced its Digital Customer Outreach for Check Fraud Prevention solution. Refine Intelligence launched its Digital Customer Outreach for Check Fraud Prevention solution this week. Refine Intelligence made its Finovate debut at FinovateEurope 2023 in London.

Fraud Prevention 59

Fraud Prevention Checks Financial Crimes Due Diligence 59

Seon

JULY 11, 2024

Guest panelists included James Nurse, Managing Director at FINTRAIL; Hannah Becher, Lead of Fraud and AML Surveillance at Pleo; Matthew Tataryn, Director of Financial Crime Risk at Tide Platform; and Jeremy Doyle, Director of Growth, AML Solutions at SEON. Below are the top takeaways from the discussion: 1.

Fraud Prevention 52

Fraud Prevention AML Money Laundering Financial Crimes 52

The Payments Association

APRIL 23, 2025

Emerging AI technologies are transforming the fight against financial crime with real-time detection and prevention capabilities, improved risk scoring, and reduced false positives. Lynx has been recognized as a Sample Vendor for Cybersecurity Pre-Crime Platforms in the Emerging Tech Impact Radar: 2025.

Financial Crimes 88

Financial Crimes Crime AML PCI DSS 88

Seon

APRIL 11, 2024

With the United Nations reporting that three to five percent of the global GDP is laundered annually and fraud costs worldwide reaching $5.13 trillion – a 56% increase over the past decade- many organizations are taking a new approach to integrating prevention and protection efforts. What is FRAML?

Fraud Prevention 52

Fraud Prevention AML Money Laundering Financial Crimes 52

Fintech News

JUNE 11, 2024

According to Hawk, the new funding will support its accelerated international expansion plans, driven by the growing demand for its AI-powered anti-financial crime technology. Its explainable AI approach allows financial institutions to reduce false positive rates and detect previously unseen and novel financial crimes.

Financial Crimes 111

Financial Crimes Crime Regulatory Compliance Fraud Prevention 111

FICO

DECEMBER 12, 2017

Looking ahead to 2018, I predict a rising trend for organizations to do four things better than today in the realm of financial crime. Today fraud prevention, cybersecurity and anti-money laundering (AML) are still siloed at many financial institutions. Check out our financial crime pages.

Financial Crimes 55

Financial Crimes Crime AI Money Laundering 55

PYMNTS

SEPTEMBER 23, 2019

Financial crimes risk management software company Quantifind and Oracle Financial Services have teamed up to improve anti-money laundering (AML) compliance and to add intelligence and automation properties directly into the compliance workflows, according to a release.

AML 65

AML Compliance Financial Crimes Automation 65

Finovate

MARCH 20, 2024

The two companies will leverage their new relationship to bring fraud prevention solutions to expanding markets, starting in Southeast Asia. The company leverages behavioral biometric intelligence and machine learning to deliver real-time threat detection and prevention. BioCatch Connect works on three levels.

Fraud Prevention 59

Fraud Prevention Fraud Detection APACS Financial Crimes 59

The Fintech Times

FEBRUARY 22, 2024

For instance, AI-driven algorithms can analyse vast datasets in real-time, identifying unusual patterns and anomalies, thus preventing fraudulent activities and enhancing the overall security of international financial transactions.” Instead, banks and fintechs must adopt proactive and pre-emptive measures.

Cross-Border Payments 136

Cross-Border Payments Cross-Border AI Payment Security 136

Fintech News

OCTOBER 22, 2024

Preventive Measures for Payment and Digital Banking Fraud (Top 5), Source: Fraud Barometer 2024, NICE Actimize , 2024 The study also found that APAC financial institutions are increasingly embracing information sharing. reported their use only in “specific scenarios” or for certain types of fraud. About 55.3%

APACS 124

APACS Online and Mobile Banking Fraud Prevention Fraud Detection 124

Fraud.net

APRIL 9, 2024

Learn from Fraud.net experts about how to supercharge your fraud prevention stack using end-to-end, automated entity monitoring.

Fraud Prevention 59

Fraud Prevention Automation SARS Financial Crimes 59

PYMNTS

DECEMBER 18, 2018

Now comes a comic book contribution to one of the most vexing and vital issues of modern payments and commerce — fraud prevention and ID compliance. Indeed, education in general is important to increased online security, privacy and fraud prevention efforts.

AML 61

AML Compliance Money Laundering Office of the Comptroller of the Currency 61

The Paypers

APRIL 14, 2025

AI-powered AML and fraud prevention firm Hawk has raised USD 56 million in a Series C funding round led by growth equity investor One Peak.

Financial Crimes 46

Financial Crimes Fraud Prevention AI Crime 46

Finextra

OCTOBER 15, 2024

Napier AI, a global leader in AI-powered financial crime compliance solutions, and ThreatMark, a pioneer in behavioural intelligence for fraud prevention, are proud to announce a strategic partnership.

AI 52

AI Fraud Prevention Financial Crimes AML 52

FICO

APRIL 12, 2017

FICO introduced behavioral analytics in the early 1990s and we currently analyze two-thirds of the world’s payment card transactions , in real time, for fraud. Now, FICO’s proven behavioral analytics can be applied by forward-thinking institutions to fight a wide range of financial crimes. Benefits beyond cost savings.

Financial Crimes 49

Financial Crimes Crime Suspicious Activity Report (SAR) SARS 49

PYMNTS

JUNE 8, 2020

Financial fraud prevention software and cloud company NICE Actimize has unveiled a deal to acquire Guardian Analytics. With the deal, New Jersey-based NICE Actimize looks to beef up its offerings to financial services institutions. Financial terms of the deal were not disclosed. NICE Actimize, a unit of NICE Ltd.,

AML 52

AML Financial Crimes Crime Fraud Prevention 52

The Payments Association

OCTOBER 23, 2024

As industries face increasing regulatory pressures, Seon Technologies will highlight the shared challenges of customer onboarding, fraud prevention and compliance, including how businesses navigate global KYC and AML regulations.

Fraud Prevention 88

Fraud Prevention Fraud Detection Best Practices AML 88