Finovate

APRIL 18, 2025

ValidiFI has expanded its vAccount+ suite to include authoritative bank account verification, enabling real-time validation of account status and ownership using direct-source financial data. This is in contrast to traditional verification methods that rely on information supplied by the user, manual document uploads, or even micro-deposits.

Verification

Finovate

APRIL 9, 2025

“Security Bank is transforming digital banking in the Philippines, and we’re proud to support their vision with advanced identity verification that makes onboarding both more secure and convenient,” said Entrust Regional VP of Sales, APAC, Harvinder Singh. Entrust came out of the gates strongly in 2025.

Security

Finovate

JULY 10, 2025

Jumio and Prometeo have partnered to streamline identity and bank account verification across Latin America. The integration combines biometric authentication, AI, and Prometeo’s banking network to improve security, reduce operational time, and enhance user experience for fintechs and digital platforms.

Verification

The Payments Association

MARCH 19, 2025

Today, they facilitate everything from identity verification to peer-to-peer transactions, quietly redefining the banking experience and making traditional financial institutions play catch-up. Technological advancements, including NFC, QR codes, and biometric authentication, have made digital wallets more user-friendly and secure.

Digital Payments

Fintech Review

APRIL 20, 2025

In the financial sector, it includes fraud detection, threat intelligence, data encryption, biometric verification, and risk monitoring. Cybertech helps mitigate these risks by securing each layer of the stack from device authentication to back-end systems. It also enables faster, safer innovation.

Finance

The Payments Association

JUNE 3, 2025

However, with its growing role comes increasing complexity, particularly in terms of integration, regulation, and the architecture of future payment flows. This transformation is further accelerated by the rise of Passkey authentication, which, as Srinivasan put it, enables secure and frictionless payments.

Security

Fintech News

JULY 31, 2025

Stakeholders across various sectors, including banks, fintech companies, regulators, and payment networks, must collaborate to create a resilient and inclusive payments ecosystem that promotes sustainable economic growth. These efforts lay the foundation for broader regional economic integration.

Cross-Border Payments

Clearly Payments

JULY 23, 2025

Card networks like Visa and Mastercard are enforcing stricter standards, regulators are expanding privacy laws, and payment providers are under pressure to monitor merchant activity more closely. These rules come from multiple sources, including card networks, regulators, and your payment processor.

Compliance

Fi911

JUNE 20, 2025

These regulations focus on verifying that provided information matches databases, not whether the identity represents a real person. Mortgages see less synthetic identity fraud due to stricter verification requirements and the difficulty of monetizing real estate quickly. These products offer quick access to cash or sellable goods.

Identity Theft

Finextra

JULY 1, 2025

Traditional authentication methods rely heavily on static passwords and one-time codes, which can be easily compromised. Unlike traditional authentication methods, this approach goes beyond simple device recognition, incorporating sophisticated behavioral analysis. First, it verifies the devices trusted status.

Account Takeovers

Stax

JANUARY 28, 2025

Click to Pay is based upon global EMV Secure Remote Commerce (SRC) standards, which include security measures like tokenization , multi-factor authentication , and 3D Secure protocols. The customer will then input the passcode to complete the authentication process. It is also built to be super secure.

Payment APIs and Integration

The Fintech Times

FEBRUARY 14, 2025

User-friendly fraud-as-a-service (FaaS) kits that enable amateurs to execute complex attacks against thousands of accounts in minutes are becoming increasingly available online, AU10TIX , the identity verification and management technology provider, has revealed.

Deepfake

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. Payment processors that comply with this regulation protect businesses from data breaches and credit card fraud.

Payment Solutions

Finextra

JUNE 26, 2025

In this guide, you’ll understand what digital payment security is and what these regulations mean, how they impact your payment operations, and what you need to do to meet them. It also shows regulators that you’re serious about safety. It also brings in stronger customer authentication (SCA) to prevent fraud during digital payments.

PCI DSS

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

Fintech Review

APRIL 17, 2025

This includes end-to-end encryption, behavioural analytics, device monitoring, and biometric verification. Users are also becoming more aware of the importance of secure practices, such as using strong passwords and enabling multi-factor authentication.

Online and Mobile Banking

Stax

JANUARY 23, 2025

The merchant underwriting process helps reduce fraud (including chargeback volume), ensures compliance with regulations, and protects financial stability in the payment processing space. Key steps include application review, risk assessment, credit checks, and compliance verification. Learn More What is Merchant Account Underwriting?

Underwriting

The Payments Association

JANUARY 3, 2025

Improving regulations, using technology for detection, and fostering industry-wide cooperation. Its about introducing friction only where its warranted, like adding verification for transactions above certain thresholds. McMurtrie opened the discussion by underscoring the limitations of current regulations. Why is it important?

Fraud Detection

Stax

MARCH 11, 2025

The payment processor : this is the payment services provider that handles the verification and transfer of data and funds between the financial institutions involved in that transaction. Payment verification Once the payment processor receives the now-encrypted payment information, it will be sent to the issuing bank for verification.

Online Payment Processing

Finextra

JULY 27, 2025

Let’s tour Plaid’s core offerings – and how fintech apps use them – from authentication through insights: Auth & Balance : Plaid’s first claim to fame was simplifying account verification for payments. At a high level, Plaid takes the diverse, complex data locked inside bank systems and makes it legible and useful for apps.

Product

EBizCharge

MARCH 18, 2025

It also offers robust functionality to help businesses streamline operations, improve efficiency, and maintain compliance with industry regulations. Fraud prevention measures: Sage credit card processing supports various fraud protection tools, such as Address Verification System (AVS) , VCC verification, and transaction monitoring.

Credit Cards

Fi911

MAY 22, 2025

Consumer Protection with stronger authentication and fraud prevention measures, such as Strong Customer Authentication (SCA). This aims to reduce inconsistencies across member states and bring more clarity to fintech regulation. Improved Competition by leveling the playing field between traditional banks and new market entrants.

Payment APIs and Integration

Finextra

JULY 10, 2025

Authentication Problems Security protocols such as 3D Secure require customers to complete additional verification steps during checkout. 3DS2) for Smarter Authentication 3D Secure 2.0, an updated payment authentication standard, supports compliance with regulations like PSD2 in Europe. Use 3D Secure 2.0

Transactions

Fintech News

JUNE 11, 2025

The group has been active since mid-2023, running coordinated campaigns that exploit weaknesses in remote identity verification systems. The region’s fintech ecosystem is growing at lightning speed, but that growth has outpaced regulation and security in many places. Their techniques aren’t just smart.

Crime

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 also need strong audit trails, user verification, and data privacy controls. This builds trust with both customers and regulators. 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. Think of it as a prepaid account with a flexible front end. The digital wallet becomes a smart layer on top of the existing infrastructure.

eWallet

Stax

NOVEMBER 14, 2024

These can include terminal fees, early termination fees, setup fees, reprogramming fees, PCI compliance fees, address verification fees, chargeback and retrieval fees, and payment gateway fees. One-Off Fees One-off fees are those that occur only once. Supporting Diverse Payment Methods Payment preferences vary across the globe.

Credit Cards

The Payments Association

DECEMBER 10, 2024

It highlights the urgent need for payments firms to address AI-driven fraud to protect financial security, maintain customer trust, and comply with regulations. The growing threat of AI-related fraud puts financial institutions at risk of significant financial losses and jeopardises consumer trust and compliance with regulations.

AI

Fintech News

JANUARY 26, 2025

Meanwhile, Malaysia is making steady strides with its MyDigital ID initiative , paving the way for advanced digital identity solutions, including eKYC verification in the near future. Implementing digital IDs and related authentication mechanisms can play a pivotal role in counteracting criminal activities.

Payments Trends

EBizCharge

FEBRUARY 26, 2025

Address Verification Service (AVS) and CVV verification should be enabled to prevent unauthorized transactions and reduce chargeback rates. For an added layer of security, 3D Secure authentication helps the cardholders identity before processing transactions. Does NetSuite support chargeback management?

Credit Cards

The Payments Association

JUNE 11, 2025

Rising fraud, complex regulations, and evolving threats are straining platforms’ ability to grow securely. A shift toward AI-driven, integrated fraud management systems aligned with tightening UK regulations. How digital commerce platforms manage escalating fraud risks while scaling operations. Why is it important?

Risk

Finextra

JUNE 16, 2025

With WollettePay, each transaction is protected by biometric verification, tokenisation, and advanced encryption, providing merchants and consumers with complete confidence in a seamless, secure experience. Highlights Contactless tap, familiar ease Consumers pay instantly from their bank accounts without redirects or entering card details.

Payment APIs and Integration

Stax

NOVEMBER 21, 2024

The fact that the customer is not present physically at your store makes it a high-risk transaction, and the use of security measures like two-factor authentication is highly recommended. You must also be able to adapt the platform for automated compliance with regulations in your specific industry.

Credit Cards

Finextra

JUNE 2, 2025

Regulators and industry groups are already plotting this next phase. 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. Need a financial dashboard covering your bank accounts, stock portfolio, pension, and crypto wallet?

Finance

The Fintech Times

FEBRUARY 28, 2025

In rapid, seven-minute slots, companies showcased solutions spanning AI-powered cybersecurity, digital banking transformation, embedded finance and next-generation authentication. This years Best of Show winners included: Keyless A biometric authentication platform eliminating passwords and multi-factor authentication.

Embedded Finance

The Payments Association

JANUARY 22, 2025

This increased digital dependency has raised the need for secure access and quick and easy identity verification online. Electronic forms of authentication and identification help individuals to access these services smoothly and quickly. Previously, these exchanges relied on in-person verification.

Security

EBizCharge

DECEMBER 18, 2024

Verification and validation Clearinghouses confirm the authenticity of all parties involved in a transaction through verification and validation. Are clearinghouses regulated? Clearinghouses are subject to stringent regulations to operate transparently, maintain sufficient reserves, and minimize systemic risk.

Facilitators