Finezza

JANUARY 4, 2024

A combination of superior risk assessment, fraud detection capabilities, and quick and accurate underwriting turnaround can transform a lender’s success rate with borrowers and reduce non-performing assets. The revenue growth and profitability of a lending business depend on several factors.

Transactions 94

Transactions Fraud Detection Risk Assessment Underwriting 94

Fintech News

NOVEMBER 6, 2024

The integration of ADVANCE.AI’s technology provides features such as real-time identity verification, fraud detection, and risk assessments, which help financial institutions meet regulatory demands securely. These tools are also intended to reduce the risk of fraud and scams.

Compliance 106

Compliance Payment APIs and Integration Fraud Detection Risk Assessment 106

Fintech Review

MAY 7, 2024

Machine learning is particularly transformative in various fintech applications, such as personalised financial advice and risk assessment, marking a transformative shift in financial methodologies towards more advanced, data-driven approaches. It is essential to mitigate these risks to prevent potentially devastating impacts.

AI 98

AI FinTech Risk Assessment Fraud Detection 98

The Payments Association

MARCH 25, 2025

Reactive, not proactive: Rule-based systems fail to detect evolving threats. At SENDS, we recognised early that outdated practices compromise security and efficiency, so we embraced AI-driven solutions to transform fraud detection and compliance.

Regulatory Compliance 136

Regulatory Compliance AML Compliance PCI DSS 136

The Payments Association

MARCH 18, 2025

Open data, in turn, enriches these offerings, enabling innovative credit scoring and risk assessment beyond traditional banking channels. By combining payment flows with broader financial datasuch as rental history, savings patterns, and income variabilitylenders can offer dynamic, real-time credit assessments.

Finance 88

Finance Payment APIs and Integration Non-Bank Embedded Finance 88

Fi911

DECEMBER 19, 2023

This scale of fraud is challenging for systems dependent solely on human detection, especially considering the increasing volume of online transactions. Initially reliant on automated and rule-based systems, financial institutions are now turning to machine learning for more effective fraud detection.

Fraud Prevention 98

Fraud Prevention Fraud Detection Point-of-Sale (POS) Online and Mobile Banking 98

PYMNTS

APRIL 10, 2020

The study is part of the larger Unlocking AI series by PYMNTS, examining how AI and other computational systems are being used to manage critical business functions, including payments, regulatory compliance, risk assessment and fraud protection. Moreover, the benefit cited by the greatest proportion of healthcare firms (65.6

AI 144

AI Fraud Detection Risk Assessment Regulatory Compliance 144

The Fintech Times

FEBRUARY 15, 2025

This platform enhances financial compliance through real-time data processing, risk assessment, and regulatory alignment, ensuring that financial institutions meet Saudi Arabias evolving fintech regulatory landscape. Saudi technology provider T2 acquired Moola , a corporate expense management platform.

Innovation 64

Innovation Fraud Prevention AI Compliance 64

The Fintech Times

JANUARY 20, 2025

These include: Improved acceptance rates: Advanced risk assessment capabilities result in fewer declined transactions, increasing successful payment completions and boosting revenue. Biometric authentication: Advanced methods like WebAuthn and SPC reduce fraud risks while offering a modern, secure experience.

EMV 59

EMV Payment APIs and Integration Authentication Processors 59

The Payments Association

DECEMBER 11, 2024

Machine learning enhances this approach by processing vast datasets to identify subtle patterns and predict fraudulent activities, making real-time anomaly detection and risk assessment possible. The most successful approaches will prioritise creating frictionless user experiences without compromising security.

Fraud Prevention 88

Fraud Prevention Risk Assessment Payments Account Takeovers 88

The Fintech Times

AUGUST 29, 2024

Cashfree Payments , the Indian paytech and API banking solutions provider, has launched Secure ID, its end-to-end solution for identity verification, risk assessment and fraud prevention. ” Ensuring growth in line with regulations The extent of Secure ID can be seen by the brands using it. With UIDAI recording 1.96

Checks 69

Checks Risk Assessment Security Payment APIs and Integration 69

The Fintech Times

FEBRUARY 19, 2025

.” Risks of automation dependance Sharing a similar view, Adam Ennamli , chief risk and security officer at General Bank of Canada , added: “Failures can have existential consequences, from significant monetary losses to complete loss of market trust and regulatory penalties.

AI 64

AI Risk Monetary Loss Automation 64

Fintech Review

FEBRUARY 11, 2025

Machine learning algorithms detect fraud, assess risks, and optimise trading strategies. Traditional models rely on limited data, whereas AI assesses alternative factors like transaction history and online behaviour. This enables more accurate risk assessments and financial inclusion.

AI 66

AI FinTech Risk Assessment Assessments 66

Fintech Finance

AUGUST 2, 2024

ComplyTek introduces an advanced transaction screening solution for instant payments , designed to ensure compliance and mitigate fraud within the critical 10-second processing window. Leveraging machine learning and AI, the platform offers comprehensive monitoring and fraud detection capabilities.

Instant Payments 94

Instant Payments Transactions Payment APIs and Integration Compliance 94

Nanonets

DECEMBER 13, 2023

The integration of fraud detection algorithms is paramount for error reduction. These algorithms analyze patterns and anomalies in the data to identify potential instances of fraud or misrepresentation. In addition, AI employs predictive analytics to assess and analyze historical claims data.

AI 102

AI Process Fraud Detection Compliance 102

EBizCharge

JANUARY 16, 2025

Fraud detection and risk assessment: MCCs assist fraud detection and risk assessment operations by flagging suspicious transactions. For example, if a credit card is suddenly used at a pawn shop after being consistently used at beauty shops, this can indicate fraud.

Credit Cards 52

Credit Cards Processors PCI DSS Fraud Detection 52

PYMNTS

DECEMBER 14, 2020

AI can make it easier for financial institutions (FIs) to predict how likely their customers are to make timely payments and improve overall risk assessment capabilities. However, many FIs lack internal proficiency to use AI-assisted credit risk assessment for maximum effectiveness.

AI 87

AI Online and Mobile Banking Risk Assessment Credit Risk 87

Stax

AUGUST 22, 2024

In this article, we’ll discuss what SaaS companies looking to become payment facilitators need to know about risk management strategies. PayFacs handle risk assessment, underwriting, settling of funds, compliance, and chargebacks which exposes them to greater potential risks. The due diligence doesn’t stop at onboarding.

Risk Management 88

Risk Management Risk Regulatory Compliance Due Diligence 88

Clearly Payments

JANUARY 8, 2024

In this guide, we go into the topics of risk management in payment processing, equipping merchants with the knowledge and strategies needed to secure their transactions. Identifying and Assessing Risks Understanding the lay of the land is the first step in effective risk management.

Risk Management 97

Risk Management Risk PCI DSS Process 97

Trade Credit & Liquidity Management

MAY 27, 2025

As the global marketplace grows more interconnected and transactions shift online, businesses face an unprecedented wave of commercial fraud attempts, from sophisticated “bust-out” schemes to synthetic identity fraud that blends real and fabricated data. Please consider becoming a paid subscriber. billion in 2022 to $252.7

Fraud Prevention 52

Fraud Prevention Fraud Detection Verification Risk Assessment 52

PYMNTS

DECEMBER 9, 2020

Banks that use AI-driven predictive models are able to detect the risk of delinquency as many as 12 months before a customer ever misses a payment, providing banks and their customers the breathing room they need to take action. The practical applications for AI extend far beyond credit risk assessment and detection, however.

Credit Risk 98

Credit Risk AI Risk Fraud Detection 98

FICO

NOVEMBER 30, 2017

How do we keep our fraud controls relevant, agile, and modern to accommodate new products, new channels, increased digitization and more faceless interactions? Or, what if your organization can now better segment transactional fraud controls that detect bust-out transactions? Step 3 – Collaboration with Risk.

Risk 82

Risk Fraud Detection Assessments Origination 82

Finovate

JANUARY 15, 2025

” The panel will look at the rise of lending integrations, the role of AI in risk assessment, embedded finance regulation, and more. The act focuses on transparency, accountability, and controlling risks, especially when it comes to AI’s applications in areas such as credit scoring and fraud detection.

Embedded Finance 52

Embedded Finance FinTech Payment APIs and Integration AI 52

M2P Fintech

MARCH 24, 2025

“One-click” loans become reality through instant credit assessments. Enhanced fraud detection ensures security, while alternative data expands accessibility, especially for those with limited credit history. Predictive analytics forecasts borrower behavior and market trends, enabling proactive risk management.

Payment APIs and Integration 52

Payment APIs and Integration Blockchain Regulatory Compliance Compliance 52

The Payments Association

MAY 16, 2025

This includes a high concentration in anti-money laundering (AML), fraud detection, and client onboarding. 85% of digital-first payment firms report live AI integration, particularly in fraud analytics and real-time risk scoring. A growing skills gap compounds this issue.

Compliance 88

Compliance AI Risk Audit 88

M2P Fintech

DECEMBER 17, 2024

A risk assessment follows, evaluating the merchants profile through credit checks and performance analysis, leading to application approval or rejection based on these findings. Risk Management Advanced fraud detection tools monitor transactions in real time to identify potential fraud.

Fraud Detection 52

Fraud Detection PCI DSS Disputes Settlement 52

Fintech News

MAY 16, 2024

FWD Singapore In Singapore, the insurtech sector is leveraging artificial intelligence (AI)-driven risk assessment to transform the insurance industry. Income Insurance is also a social enterprise, and says it is therefore committed to making insurance inclusive and works towards benefiting the wider community in Singapore.

Online and Mobile Banking 119

Online and Mobile Banking Innovation Blockchain Product 119

The Fintech Times

MAY 1, 2025

This transformation is exemplified by industry leaders like JP Morgan Chase, where CEO Jamie Dimon has championed a 12billion annual investment in data and technology overseeing over 400 AI use cases including fraud detection, customer service improvements and operational efficiencies across the bank.

AI 45

AI Risk Fraud Detection Risk Assessment 45

Fintech News

JULY 4, 2024

In payments, AI-powered systems can enhance fraud detection and streamline cross-border transactions, potentially revitalising correspondent banking relationships that have dwindled due to regulatory pressures. One promising application is in ‘nowcasting’ – using real-time data to assess current economic conditions.

Central Bank 104

Central Bank AI Correspondent Bank Correspondent 104

PYMNTS

SEPTEMBER 14, 2016

That’s the topic of a recent whitepaper by ACI, which advocates that being “immediate” also means adopting a proactive, enterprise mindset towards fraud prevention and a willingness to invest across a number of fronts, from monitoring tools to staff training.

Fraud Prevention 77

Fraud Prevention Faster Payments Push-to-Card Payments 77

Finovate

MARCH 28, 2024

More specifically, DataVisor’s new AML solution provides: Comprehensive end-to-end functionality: including customer risk rating, CDD, EDD, sanction/watchlist screening, transaction monitoring, case management, and automated SAR filing. According to Crunchbase, DataVisor has raised more than $94 million in funding.

AML 59

AML Compliance AI Money Laundering 59

The Payments Association

MAY 16, 2025

These developments will impact merchant compliance, cost structures, customer experience, and operational risk. Merchants should assess exposure, engage with providers, and begin implementation planning ahead of key deadlines. Next steps/action required: Conduct a comprehensive fraud risk assessment across all channels and partners.

Regulations 88

Regulations ISO 20022 Cross-Border Legal 88

Neopay

FEBRUARY 27, 2025

These evolving attack vectors illustrate the growing inadequacy of traditional fraud detection systems, which were not designed to detect highly realistic AI-generated forgeries. The Lag in Fraud Detection: Are You Prepared? of all fraud cases we detected.

Deepfake 52

Deepfake Fraud Detection Account Takeovers Fraud Prevention 52

PYMNTS

OCTOBER 13, 2017

During the holidays, it takes an A-plus effort from Emailage and the merchants who use it to really stay on top of transaction risk assessment and approval. The startup’s clients should not have to wait longer for risk assessment results just because there’s more traffic, said Emailage Director of Marketing Dorothy Wolden.

Risk Assessment 46

Risk Assessment Account Takeovers Fraud Detection Assessments 46

The Payments Association

OCTOBER 3, 2024

Sophisticated credit-scoring algorithms allow for more accurate risk assessment, enabling banks to extend credit responsibly and efficiently. Enhanced processing systems translate to faster payments, immediate customer account updates, and superior fraud detection powered by AI and machine learning.

Payment APIs and Integration 88

Payment APIs and Integration Online and Mobile Banking On-Demand Process 88

The Fintech Times

MARCH 29, 2024

From enhancing risk assessment accuracy to personalising products and services, insurers are leveraging data analytics to optimise decision-making processes, mitigate risks and cater to evolving consumer needs. “At Cowbell, we are actively assessing the cyber risk posture of over 39 million businesses in the US and the UK.

Risk Assessment 59

Risk Assessment Underwriting Assessments Risk 59

Trade Credit & Liquidity Management

MARCH 19, 2025

“At Bectran, we intend to be the one-stop shop in our client's credit and AR journey, finding innovative ways to increase their operational efficiency and risk management capabilities.”

Verification 40

Verification Risk Return Ratios Risk Assessment 40