Clearly Payments

OCTOBER 31, 2024

Primary Use Cases : CBDCs are designed to enhance financial inclusion, streamline payments, and provide a government-regulated alternative to cryptocurrencies and private digital payment providers. Biometric Payments Overview : Biometric payments use physical traits, such as fingerprint or facial recognition, for authentication.

Online and Mobile Banking

The Payments Association

OCTOBER 28, 2024

Despite the implementation of strong customer authentication (SCA) across the industry, fraudsters have adapted their tactics, often using social engineering methods to trick customers into revealing one-time passcodes (OTPs) required to authenticate transactions.

Scams

The Payments Association

NOVEMBER 28, 2024

The government aims to simultaneously boost the economy and drive innovation in payments, via the National Payments Vision and Strategy, which has been shaped by views and inputs of over 100 financial institutions. It emphasises strong customer authentication and transaction transparency. What are PSD3 and PSR?

Authentication

Fintech News

JULY 31, 2025

Cross-border payments are the fundamental infrastructure that facilitates the flow of money within an increasingly interconnected global economy, underpinning commerce between individuals, businesses, and governments worldwide. These efforts lay the foundation for broader regional economic integration.

Cross-Border Payments

The Payments Association

JUNE 3, 2025

This transformation is further accelerated by the rise of Passkey authentication, which, as Srinivasan put it, enables secure and frictionless payments. As such, enterprises deploying tokenisation at scale must invest in governance frameworks that can adapt dynamically to shifting compliance requirements.

Security

BioCatch

APRIL 10, 2025

In the digital world where seamless automation is the priority, organisations across banking, insurance and telecom rely on government provided authentication services.

Identity Theft

Stax

MARCH 11, 2025

The goal here is to check the authenticity of the card details, availability of required funds, and absence of fraud. The anonymity offered by cryptocurrencies is their main draw, but they are volatile due to constantly changing exchange rates and are subject to intense scrutiny by government regulatory institutions.

Online Payment Processing

Fintech Review

NOVEMBER 27, 2024

Fintech companies must prioritise data protection through encryption, authentication, and compliance with local regulations to build trust with SME users. Government support and favourable regulatory environments will play a crucial role. SMEs need assurance that their information will remain secure and confidential.

FinTech

Clearly Payments

JULY 23, 2025

Payment compliance means following the rules that govern how businesses accept and handle card payments. is rolling out, with new requirements around authentication, encryption, and risk monitoring. What Is Payment Compliance? These rules come from multiple sources, including card networks, regulators, and your payment processor.

Compliance

The Fintech Times

JUNE 3, 2025

Biometric security has long been viewed as one of the most secure ways of authenticating someones identity but in an age of rapidly developing AI which can create lifelike spoofs, the reliability of fingerprint and facial recognition technology is being called into question. We dont know what the key is, but it doesnt leave the device.

Technology

Stax

MARCH 18, 2025

Card networks – The organizations that govern credit and debit card transactions. Reduced risk of fraud and chargebacks Payment processing systems help reduce the risk of fraud and chargebacks by implementing advanced security measures, authentication protocols, and real-time monitoring tools.

Process

The Payments Association

JANUARY 3, 2025

Participants also touched on the potential for government-backed initiatives to facilitate data sharing. A centralised repository for fraud data, supported by the government, could provide the transparency and neutrality needed to encourage participation across industries, she proposed. Public-private partnerships are key, he said.

Fraud Detection

Fintech News

JANUARY 26, 2025

In Singapore, the government-backed API Exchange is promoting API standardisation. Using biometrics, Singpass enables secure and convenient access to 800+ government agencies and businesses and over 2,700 services. This trend is fostering innovation and competition in the financial services sector.

Payments Trends

Finextra

JULY 24, 2025

Features to look for in a future-ready platform Your ideal platform must support real-time payments, multiple currencies, and strong user authentication. You should use multi-factor authentication, tokenization, and encryption for every transaction. And you must choose a system that grows with you. Don’t wait until it’s too late.

Digital Payments

Finextra

JULY 3, 2025

Users can: Store card credentials securely Authenticate with biometrics Make fast, online, and contactless payments Access loyalty points, tickets, or IDs You’re not managing funds. They shine in markets where cash-in/cash-out, P2P transfers, airtime top-ups, and government disbursements are common. You’re managing experiences.

eWallet

The Payments Association

MAY 28, 2025

Manual card entry, inconsistent authentication requirements and consumer hesitancy about storing payment information often create a labyrinthine checkout process. Mastercard has boldly committed to eliminating manual card entry and password authentication in e-commerce entirely by 2030.

Credential

Fi911

JUNE 20, 2025

Current requirements focus on document verification without mandating checks for identity authenticity. Multi-source verification, biometric authentication, and knowledge-based authentication questions help confirm legitimacy. Risk-based authentication adjusts verification requirements based on threat indicators.

Identity Theft

Finovate

JUNE 5, 2025

.” Pay by Bank is a payments service that gives customers a secure, fast, and convenient way to conduct peer-to-peer payments, account deposits, and loan repayments, as well as securely authenticate transactions via their banking app. “By joining giroAPI, Token.io Chief Product Officer Charles Damen said.

Online and Mobile Banking

The Fintech Times

MARCH 18, 2025

We created new Pix solutions – like International Pix, Pix Roaming , and 1-Click Pix (Pix With Embedded Authentication) setting the standard for payments in Brazil and beyond. In 2025, a new chapter for Pix is being written with the introduction of Pix with Embedded Authentication, also known as Pix in a No-Redirection Journey.

Online and Mobile Banking

Fintech Review

MARCH 11, 2025

Feedzai debuted ScamAlert at the HumanX conference, where the brightest minds in AI, business, and technology come together to discuss AI innovations, governance, and opportunities. In response, Feedzai is harnessing the power of GenAI to strengthen fraud prevention and provide banks with a critical new AI agent to protect their customers.

Scams

Stax

NOVEMBER 14, 2024

These are not banks, but rather governing bodies that set interchange rates, and arbitrate between acquiring and issuing banks. Complying with International Regulations Each country has unique laws and regulations governing online transactions, data protection, and fraud prevention.

Credit Cards

Stax

JANUARY 23, 2025

Know Your Customer (KYC): This check involves verifying government-issued IDs, business licenses, and ownership structures to confirm the merchants legitimacy and authenticity. Anti-Money Laundering (AML): AML checks prevent the use of payment systems for illegal activities, such as money laundering or financing terrorism.

Underwriting

The Payments Association

DECEMBER 18, 2024

Payments will be seamless and invisible, with biometrics on devices as the main form of secure customer authentication (SCA). However, the success of this transformation will hinge on robust AI governance, ethical frameworks, and a commitment to transparency, ensuring that trust and fairness remain at the forefront of this digital evolution.”

Cross-Border

Finextra

JUNE 11, 2025

Implication for FSIs: Banks must move beyond static authentication models and embrace real-time risk scoring , behavioural biometrics , and API-first integration to compete. Data Governance: As wallets become data-rich ecosystems, compliance with GDPR, PSD3, and future AI regulations will be mission-critical.

Consumer

The Payments Association

JANUARY 21, 2025

It also points to generative AI as a future driver for fraud prevention and authentication, enhancing security measures in 2025. For industry leaders, this data underscores the critical importance of proactive investment in technology-driven fraud prevention tools and governance frameworks.

Payments Trends

Fintech Finance

JUNE 12, 2025

This revelation comes as the UK government explores plans to develop digital “Britcard” ID cards. This means there is significant untapped opportunity for merchants to increase trust in the digital economy by integrating payment flows that offer biometric authentication.

Research

Finovate

JULY 14, 2025

Inverid’s flagship product, ReadID , uses NFC on smartphones to securely verify ID documents, making it ideal for high-assurance use cases like banking, government, and cross-border compliance. Inverid counts 50 clients, including Rabobank, the UK and Danish governments, and the European Border and Coast Guard Agency (Frontex).

Verification

Finextra

JUNE 2, 2025

Yet, DeFi also raises new challenges that open banking didn’t have to fully confront – which we’ll get to when discussing governance and regulation. Open Banking frameworks baked in audit trails, secure authentication, and regulatory oversight to ensure that when you share your data, it’s handled safely.

Finance

Finextra

JULY 1, 2025

These aren’t technology failures but governance failures. But when access is rushed or inconsistently governed, APIs become vulnerable and customer data is exposed. The Numbers Speak for Themselves Over 50% of organisations have experienced a breach stemming from third-party access. Common causes?

Embedded Finance

Finextra

JULY 7, 2025

As one of the first banks worldwide to embed generative AI in customer-facing features, CBA has reduced customer scam losses by 50% through AI-powered safety tools like NameCheck, which flags payee name mismatches, and CallerCheck, which verifies the authenticity of calls claiming to be from the bank.

AI

Finextra

JUNE 25, 2025

This isn’t just about staying compliant,it’s about scaling governance without slowing innovation. AI is enabling: Biometric authentication that eliminates passwords and PINs. Enabling explainable decisions for audit and regulatory purposes. Adapting instantly to changes in global sanctions or reporting rules.

Fraud Detection

The Payments Association

JUNE 11, 2025

Technology must be part of a wider strategy that includes governance, user design, and operational readiness. Key changes could include embedding platform-wide risk analytics, adopting real-time authentication, aligning their fraud strategies along business goals, and embracing transparency through AI.

Risk

Fintech Finance

MAY 2, 2025

This industry-wide collaboration is in direct response to the UK Government’s call for industry partners to play a role in supporting the effective and timely delivery of cVRPs.

Payments

The Payments Association

MAY 3, 2025

She also referenced a broader issue of regulatory inertia: The previous government had plans to revoke the Payment Services Regulations and embed them into FCA rules. For scale-ups like us, weve built regulatory muscle over the yearsour teams understand governance, conduct rules, and operational resilience.

Payment APIs and Integration

The Fintech Times

JUNE 12, 2025

The findings come as the UK government explores plans to develop digital ‘ Britcard ‘ ID cards. Checkout.com says this highlights a significant untapped opportunity for merchants to increase trust in the digital economy by integrating payment flows that offer biometric authentication.

Risk

The Fintech Times

MARCH 12, 2025

The UK governments decision to scrap the Payment Systems Regulator (PSR) and merge its functions into the Financial Conduct Authority (FCA) has divided opinion across the financial sector. The PSR was beyond its use by date, with its structure and governance designed for a different world.

FinTech

The Payments Association

JULY 15, 2025

John Hamilton Co-founder, ChargebackStop "As deepfakes, evolving regulations, and cloud-native security converge, digital businesses must rethink risk with zero-trust frameworks, real-time threat intelligence, and strong AI governance. Embedding Trusted AI and continuous ID verification is critical to counter synthetic media threats.

Financial Crimes