Fraud.net

DECEMBER 26, 2024

Explore how machine learning fraud detection reduces false positives, improves accuracy, and adapts to emerging fraud trends.

Fraud Detection 52

Fraud Detection Real Time Payments Money Laundering Fraud Prevention 52

Finextra

APRIL 22, 2025

CSI, a leading provider of end-to-end financial software and technology, announced the launch of its AI-powered AML compliance and fraud detection solutions: TruDetect and TruProtect.

Fraud Detection 52

Fraud Detection AML Compliance AI 52

The Payments Association

MARCH 19, 2025

Security & compliance risks: Meeting growing AML, fraud prevention, and regulatory demands is difficult with rigid, outdated infrastructure. Future-proof payment and banking infrastructure by implementing cloud-native, AI-driven automation, and Open API solutions that streamline payments and improve fraud detection.

Payment APIs and Integration 88

Payment APIs and Integration Innovation Cross-Border ISO 20022 88

PYMNTS

OCTOBER 15, 2020

When Jumio acquired anti-money laundering (AML) solutions platform Beam last week, the move was more significant than simply adding AML strength to its onboarding platform, Jumio ’s Chief Product Officer Philipp Pointner told PYMNTS in a recent conversation. “We That’s where the acquisition of Beam Solutions’ AML platform comes in.”.

AML 97

AML Continuity Money Laundering Authentication 97

Fintech Finance

FEBRUARY 17, 2025

Leveraging artificial intelligence (AI) technology, PhotonPay has further streamlined anti-money laundering (AML) and counter-terrorism financing (CFT) processes, enhanced its risk management system and effectively reduced financial crime risks. “Compliance is the foundation of trust in global payments. .

Compliance 59

Compliance Payment Solutions Global Payments Risk 59

Clearly Payments

NOVEMBER 13, 2024

This routing allows the processor to request authorization for the transaction from the issuing bank, which then approves or denies it based on factors like available funds and fraud checks. Security and Fraud Detection : The BIN can provide valuable data points that help prevent fraud.

Process 104

Process Processors Payments Compliance 104

The Payments Association

APRIL 7, 2025

Continued investment in innovative fraud detection technologies and adaptive regulatory frameworks is essential to stay ahead of evolving financial crime threats. APP and identity fraud challenges persist, and bad actors are continually deploying more sophisticated methods to dupe and exploit firms.

Financial Crimes 88

Financial Crimes Crime AML Fraud Prevention 88

Fintech Finance

FEBRUARY 20, 2025

Key security features include: Advanced Machine Learning Fraud Detection: Prevent unauthorized access with IP Allowlisting & Multi-Factor Authentication (MFA), and monitor suspicious activity with user behavior analytics. Fraud doesnt stop at payment initiationit can strike anywhere along the payout journey.

PCI DSS 86

PCI DSS Security Payment APIs and Integration MFA 86

Payments Source

APRIL 14, 2021

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Fraud Prevention 165

Fraud Prevention AML Compliance Payments 165

The Payments Association

FEBRUARY 10, 2025

It highlights new corporate responsibilities, significant penalties for non-compliance, and the businesses need to implement strong fraud prevention measures to protect their financial and reputational standing. For large, multinational corporations, this might mean sophisticated fraud detection systems and detailed compliance programmes.

Crime 88

Crime Fraud Prevention Risk Assessment Due Diligence 88

The Payments Association

MAY 16, 2025

Additionally, orchestration platforms deploy AI-powered fraud detection tools to analyse real-time behavioural data, enabling them to flag suspicious activity proactively. Payment orchestration platforms incorporate advanced tokenisation, replacing sensitive cardholder data with non-sensitive tokens.

Transactions 88

Transactions PCI DSS Payments Multi-Currency 88

Fintech News

FEBRUARY 10, 2025

Regulators need clear guidelines on accountability, particularly in cases of erroneous or harmful AI-driven decisions, such as wrongful fraud detection or unfair credit scoring. Also, the autonomous nature of the AI means decision-making is often removed from human oversight.

AI 84

AI FinTech Fraud Detection Fraud Prevention 84

Finovate

JUNE 16, 2025

Control would be another benefit, as stablecoins could offer retailers full control over the payment rail and user data, and they could leverage stablecoins to enhance fraud detection efforts and improve analytics.

Stablecoins 80

Stablecoins Settlement Multi-Currency Cross-Border 80

Fintech Finance

OCTOBER 23, 2024

Compliance with sanction screening, anti-money laundering (AML) and fraud detection requirements, including Verification of Payee check, was identified as the top concern. Banks show similar alignment in their approach to sanction screening and fraud detection.

Instant Payments 105

Instant Payments ISO 20022 Regulations Fraud Detection 105

Stax

APRIL 3, 2025

Its also great for small businesses because it can eliminate many headaches associated with Know Your Customer (KYC) requirements, Anti-Money Laundering (AML) regulations, application processing, and underwriting. is the most fraud-prone country with 34% of online customers reporting that theyve been victims of fraud.

Payment Solutions 88

Payment Solutions Payment APIs and Integration Payment Gateways Gateways 88

The Fintech Times

MARCH 31, 2025

Nasdaq Verafin’s unique consortium data approach delivers insights into counterparty risk to reduce false positives and significantly improve payments fraud detection.

Cross-Border 64

Cross-Border Addressing Financial Crimes Elder Abuse 64

Fraud.net

OCTOBER 13, 2023

Discover how financial institutions and fintechs can enhance fraud detection by incorporating AI/ML into rules-based fraud detection models.

Fraud Detection 52

Fraud Detection Rules AI FinTech 52

Fintech Finance

APRIL 1, 2025

It also strengthens fraud detection and risk management through AI-powered scoring and real-time monitoring, minimizing chargebacks while ensuring compliance with evolving regulations. Additionally, AI-driven predictive analytics enhance system reliability, minimize downtime, and optimize resource allocation for peak efficiency.

Innovation 59

Innovation ISO 20022 Fraud Detection AI 59

The Paypers

MARCH 31, 2021

UK-based technology marketplace for financial services firms Bofin has partnered ComplyAdvantage to lower its risk of financial crimes and money laundering.

Fraud Detection 57

Fraud Detection Money Laundering AML Financial Crimes 57

FICO

FEBRUARY 15, 2017

We have built on top of the FICO TONBELLER solutions using FICO’s battle-proven and patented artificial intelligence and machine-learning algorithms, which are used in FICO Falcon Fraud Manager to protect about two-thirds of the world’s payment card transactions. With our AML analytic capabilities, we continue to be the trailblazers!

AML 67

AML AI SARS Money Laundering 67

PYMNTS

JUNE 13, 2019

The bank implemented a data-based fraud detection initiative in 2018 to help combat this problem with false positives. Fraud is like looking for needles in a haystack,” Sieczkowski explained. It’s likely that fraudsters will become more sophisticated at the same rate that banks implement smarter fraud detection methods.

Fraud Detection 51

Fraud Detection AI Money Laundering Fraud Prevention 51

Finextra

MARCH 20, 2025

Pleo, the leading financial platform for businesses, has announced a strategic partnership with Taktile, a category-defining decision automation platform.

Fraud Detection 52

Fraud Detection AML Automation 52

The Fintech Times

JUNE 22, 2025

Vyntra unites capabilities in fraud prevention, AML compliance, and transaction observability to help financial institutions see, secure, and optimize every transaction in real time. It achieves this by combining NetGuardians ’ AI-driven financial crime prevention with Intix’s mastery of transaction data visibility and analytics.

Compliance 40

Compliance Financial Crimes Crime AML 40

FICO

JULY 25, 2016

Anti-money laundering (AML) is a good example. Here are two examples of technology FICO has developed, and for which we’ve made patent applications: Machine learning (ML) for improved AML monitoring. We’re using variants of technology proven effective in other FICO products such as FICO® Falcon Fraud Manager.

AML 64

AML Money Laundering Financial Crimes Crime 64

Fintech Finance

SEPTEMBER 17, 2024

ID-Pal’s platform comprises a comprehensive set of tools for frictionless, secure identity verification and Anti Money Laundering (AML) screening. He says, “This strategic partnership will allow CLOWD9 clients to access both a compelling end-to-end identity solution and an AML screening solution with advanced AI-fraud detection capabilities.”

Process 95

Process Verification Money Laundering AML 95

Fintech News

OCTOBER 15, 2024

HashKey Global, a licensed digital asset exchange, has teamed up with Sumsub , a global verification platform, to improve its Know Your Customer (KYC) and Anti-Money Laundering (AML) processes. Sumsub’s solutions also help mitigate identity fraud risks, which have been on the rise globally.

Verification 113

Verification Fraud Detection Money Laundering Compliance 113

Finovate

MARCH 28, 2024

Fraud and risk platform DataVisor launched its anti-money laundering (AML) solution this week. 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.

AML 59

AML Compliance AI Money Laundering 59

Fintech News

OCTOBER 22, 2024

This is followed by advanced authentication methods (70.2%), customer education initiatives (68.1%), and the implementation of real-time fraud detection systems (53.2%). More than a quarter (25.5%) said their anti-fraud and AML teams now collaborate “very closely”, while almost a third (30%) said such collaboration occurred “often”.

APACS 123

APACS Online and Mobile Banking Fraud Prevention Fraud Detection 123

Finovate

FEBRUARY 6, 2025

ID-Pal ID-Pal uses 100% AI-powered technology for real-time identity verification and AML screening, ensuring seamless customer onboarding, compliance, and zero access to customer data.

Stablecoins 52

Stablecoins Credit Union AML Fraud Detection 52

Finovate

DECEMBER 11, 2024

LexisNexis Risk Solutions has signed an agreement to acquire document authentication and fraud detection solutions provider IDVerse. The acquisition will enhance LexisNexis Risk Solutions’ ability to combat emerging threats such as AI-generated fraud and deepfakes. Terms were not disclosed.

Risk 52

Risk Acquirers Deepfake Fraud Detection 52

Fintech Finance

NOVEMBER 13, 2024

Key findings from the whitepaper highlight that: The speed and ease of global payment channels allow criminals to exploit system gaps across jurisdictions, complicating fraud detection. The industry can’t wait for regulators and common standards and must leverage AI and machine learning technologies to detect fraud.

Cross-Border Payments 98

Cross-Border Payments Cross-Border Law Enforcement Romance Scams 98

The Payments Association

JUNE 16, 2025

The findings show that it’s technically possible, but with significant challenges surrounding fraud detection, data sharing, and usability. From smart wallets that optimise offline balances to fraud detection algorithms and user-friendly interfaces, there is scope to lead the market in enabling trusted offline transactions.

Settlement 88

Settlement CBDC Payment APIs and Integration Privacy 88

Finextra

JUNE 24, 2025

18 December X: Elon Musk's Financial Revolution 29 October Brexit and digital payments: what are the impacts for the future 16 February In the amazing world of tokens 01 February See all Opinions from Roberto More expert opinions Steve Marshall Director of Advisory Services, at FinScan Unmasking Kleptocrats: Why Ownership and Control Are Key to (..)

Agreements 59

Agreements Payment Networks Digital Payments Payment APIs and Integration 59

FICO

JUNE 22, 2017

In our artificial intelligence (AI) spotlight this week, we highlight FICO’s AML Threat Score tool, which uses AI to help financial compliance analysts detect money laundering or terrorist financing activities. This tool demonstrates AI’s transformative benefits in anti-money laundering (AML) and fraud detection.

AML 55

AML Facilitators AI Money Laundering 55

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

PYMNTS

OCTOBER 11, 2019

Five Dutch banks recently formed a group to protect their systems against money launderers, but only after three of them shook off fines and anti-money laundering (AML) strategy investigations. AML Strategies and Innovation Quirks. Such profiles ensure FIs comply with current regulations and AML standards.

AML 49

AML Money Laundering Online and Mobile Banking AI 49

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