FICO

JUNE 20, 2018

In a recent blog post , I discussed how FICO is fighting application fraud by leveraging artificial intelligence (AI) and machine learning in fraud detection, including an overview of supervised, unsupervised, and adaptive analytics techniques and the need to balance transparency (explainable AI) with predictiveness.

Fraud Detection 55

Fraud Detection Identity Theft AI Best Practices 55

EBizCharge

MARCH 18, 2025

A secure payment processing provider for Sage 100 will also give merchants access to fraud detection and prevention tools, 3D Secure, chargeback management, and more. By protectin g payments in Sage 100, your company can reduce the risk of data breaches and fraud, ensuring a secure experience for all parties involved.

Credit Cards 52

Credit Cards Process Security Data Breach 52

Core

MARCH 19, 2024

The solution: robust government fraud detection mechanisms for payment systems. Here’s what compliance managers and auditors need to know to strengthen internal fraud prevention and safeguard public funds. When fraud persists for over five years, the average loss increases to $800,000.

Fraud Detection 52

Fraud Detection Government Governance Compliance 52

The Payments Association

FEBRUARY 10, 2025

Partnering with regional providers, leveraging AI for fraud detection, and conducting regular audits will ensure compliance, transparency, and operational excellence. Without clear definitions under PSD2 or SEPA, PSPs struggle to develop comprehensive AML strategies that align with international best practices.

IBAN 88

IBAN AML Master Account Due Diligence 88

Finextra

JUNE 30, 2025

On the risk and operations side, common uses include fraud detection, anti-money-laundering pattern detection, credit risk scoring and trading optimization. finance leaders cite fraud and risk management as areas in which they use AI. Fraud detection, compliance and customer service are prime areas of focus.

AI 69

AI Finance Fraud Detection Use Case 69

The Payments Association

OCTOBER 23, 2024

Panelists: Costin Mincovici, chief risk officer, tbi bank Mirela Ciobanu, lead editor, The Paypers Attendees will learn: Effective strategies for fostering collaboration across fraud prevention, compliance, product development and customer experience teams How to strike the right balance between reducing onboarding friction, maintaining strong security (..)

Fraud Prevention 88

Fraud Prevention Fraud Detection Best Practices AML 88

Nanonets

JANUARY 31, 2024

This can be streamlined by preparing a checklist, applying best practices, and automating tasks using reconciliation software. Automation software like Nanonets can help revolutionize your reconciliation; here is how: Automate fraud detection, bank reconciliations, or accounting processes with a ready-to-use custom workflow.

Best Practices 52

Best Practices Reconciliation Adjustments Correspondent 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.

Cross-Border Payments 98

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

Fraud.net

OCTOBER 1, 2024

Discover how businesses of any scale can combat escalating fraud threats by adopting comprehensive enterprise fraud risk management.

Risk Management 52

Risk Management Best Practices Risk Fraud Detection 52

Fi911

JULY 8, 2024

Furthermore, the growing sophistication of fraud techniques, including synthetic identity fraud and account takeovers, exacerbates the challenge. This makes it imperative for businesses to stay ahead with robust fraud detection and prevention strategies.

Account Takeovers 105

Account Takeovers Fraud Detection Phishing Fraud Prevention 105

Fraud.net

DECEMBER 1, 2023

Modern account takeover protection requires implementing machine learning, geolocation, and anomaly detection to spot and prevent ATO fraud.

Account Takeovers 52

Account Takeovers Best Practices Accounts Fraud Detection 52

The Finance Weekly

DECEMBER 12, 2023

Top 5 Best AI Finance News Sites AI Finance Today ,, AI Finance Today is the go-to place for news about how AI is changing the ,, CFO's responsibilities and functions. The website is a hub for information on AI in finance. The site provides information about how AI is changing the finance industry.

AI 130

AI Finance Cybersecurity Fraud Detection 130

The Payments Association

JUNE 16, 2025

29% of businesses find fraud prevention extremely challenging—making it the most severe concern across all payment-related issues. 39% of merchants plan to implement AI-driven fraud detection—nearly quadrupling current usage and signalling a strategic technology shift.

Innovation 88

Innovation Cross-Border Fraud Prevention Payments 88

Nanonets

JUNE 12, 2024

Record Keeping: Maintaining accurate records of all purchases and documenting every process in the procurement cycle is very important for reconciliation, auditing and fraud detection.

Best Practices 52

Best Practices Automation Small Business Process 52

Fintech Finance

FEBRUARY 24, 2025

Driven by a shared commitment to nurture talent, the partnership provides a framework for the two organizations to collaborate on attracting high skilled talent, advancement of local talent through the exchange of knowledge and best practices and development of joint initiatives to foster innovation and growth of the local fintech ecosystem.

Fraud Detection 59

Fraud Detection Cross-Border Economy Best Practices 59

Fintech News

APRIL 7, 2024

Their comprehensive discussion sheds light on the significance of advanced AI and fraud detection technologies, and the importance of collaborative efforts to mitigate these risks.

Deepfake 134

Deepfake Scams Fraud Detection Verification 134

The Payments Association

DECEMBER 18, 2024

Beyond fraud detection, Moore points to broader efficiency gains that could result from better data utilisation. By identifying barriers to data sharing and showcasing best practices, Moore believes the industry can collectively tackle fraud more effectively.

Innovation 88

Innovation Payments Financial Crimes Regulations 88

Fi911

JUNE 20, 2025

By the time financial institutions discover the fraud, recovery becomes nearly impossible. Why Traditional Fraud Detection Fails Credit bureaus face fundamental limitations in identifying synthetic identities. Industry consortiums like the Synthetic Identity Fraud Task Force coordinate responses across institutions.

Identity Theft 52

Identity Theft Verification Database Authentication 52

Stax

AUGUST 22, 2024

Identity theft, data breaches, and chargeback fraud are some of the most common types of risks. This is why you need robust fraud detection mechanisms and ensure that they are up-to-date. It can also help to teach them about best practices they can follow to prevent fraudulent transactions.

Risk Management 88

Risk Management Risk Regulatory Compliance Due Diligence 88

Clearly Payments

SEPTEMBER 18, 2024

Collaboration with the Analyst: Works together to investigate whether a chargeback is linked to fraud or friendly fraud. Prevention: Provides recommendations for improving fraud detection tools like 3D Secure and Address Verification Service (AVS).

Disputes 105

Disputes Fraud Prevention Payments Credit Cards 105

Fintech Finance

JUNE 20, 2024

It will focus on several key areas: Advanced Fraud Detection and Prevention: Developing and implementing cutting-edge technologies to detect and prevent financial fraud. The center will provide a platform for the exchange of ideas and best practices between the public and private sectors.

Financial Crimes 97

Financial Crimes Crime FBI Law Enforcement 97

Fi911

MAY 22, 2024

This process can be triggered for various reasons, such as a disputed charge, an error in the transaction, or fraud detection. That said, there are some best practices that merchants can deploy to prevent many payment reversals. Also, implement fraud detection systems to identify and mitigate suspicious transactions.

Payer 104

Payer Address Verification System (AVS) Disputes Payee 104

The Payments Association

APRIL 2, 2025

Defensive applications Participants also discussed that, while criminals exploit AI’s capabilities, financial institutions are deploying even more sophisticated systems to detect and prevent fraud. Implementation best practices Deploying AI effectively requires careful planning and realistic expectations.

AI 88

AI Financial Crimes Fraud Prevention Deepfake 88

PYMNTS

JUNE 20, 2019

According to the latest Payments 2022 Playbook: Building A High-Performing Payments Team For Fraud Detection , a PYMNTS study in collaboration with Stripe, digital platforms continue to express discontent with their current fraud strategies, and false positives are compromising their brands, customer relationships, and bottom lines.

B2B 73

B2B Fraud Detection Third Party Vendors Payments 73

Fintech Finance

FEBRUARY 20, 2025

The rising sophistication of AI-generated deepfake images and videos poses an increasing risk to the payments industry, making advanced fraud detection more critical than ever. The post ID-Pal Joins The Payments Association to Lead the Fight Against AI-Fraud in the Payments Industry appeared first on FF News | Fintech Finance.

AI 52

AI Deepfake Verification Fraud Detection 52

EBizCharge

APRIL 22, 2025

In addition to understanding the integration process, its important to understand best practices for managing Salesforce payments to ensure seamless payment operations. In addition to these best practices, businesses should consider various factors when choosing a payment provider for their Salesforce integration.

Payment APIs and Integration 52

Payment APIs and Integration Payment Gateways Gateways Payments 52

Nanonets

MAY 31, 2023

Cybersecurity, fraud detection, and risk management: According to a Deloitte report , antifraud professionals hold that organizations face a greater risk of fraud than ever before, thanks to the advent of supply chain globalization, reliance on information technology, and rising economic instability.

AI 122

AI Finance Fraud Detection Mitigation 122

FICO

DECEMBER 11, 2018

Trends in Application Fraud – From Identity Theft to First-Party Fraud. Best Practices in Establishing Your Fraud Risk Appetite. What Data Do I Need to Fight Application Fraud? Best Practices in Fraud Management: Q&A with Bob Shiflet. ELI5: How Does the Dark Web Work?

Social Security 49

Social Security Security Identity Theft Best Practices 49

Clearly Payments

JANUARY 8, 2024

Additionally, leveraging advanced fraud detection tools and machine learning algorithms in real-time helps analyze transaction patterns and differentiate between legitimate and potentially fraudulent activities. One key practice involves prioritizing customer satisfaction through the delivery of exceptional customer service.

Risk Management 97

Risk Management Risk PCI DSS Process 97

Trade Credit & Liquidity Management

MAY 29, 2025

Key Challenges in E-Invoicing No Universal Standard: Diverse tax laws and business practices prevent a single global e-invoicing standard. However, the industry is moving toward best practices and standardized data formats such as ISO-20022 to ease cross-border invoicing.

ISO 20022 52

ISO 20022 ISOs Compliance Cross-Border 52

Stax

JUNE 4, 2024

Dive into our comprehensive guide to learn how to choose the best payment processing platform tailored to your business needs, and discover best practices for a smooth migration to your new provider. It can be an overwhelming process, especially with so many options in the market.

Process 88

Process PCI DSS Payment APIs and Integration Payments 88

FICO

NOVEMBER 19, 2018

Trends in Application Fraud – From Identity Theft to First-Party Fraud. Best Practices in Establishing Your Fraud Risk Appetite. What Data Do I Need to Fight Application Fraud? Best Practices in Fraud Management: Q&A with Bob Shiflet. ELI5: How Does the Dark Web Work?

Identity Theft 45

Identity Theft Best Practices Fraud Detection AI 45

FICO

DECEMBER 3, 2018

Trends in Application Fraud – From Identity Theft to First-Party Fraud Best Practices in Establishing Your Fraud Risk Appetite. What Data Do I Need to Fight Application Fraud? Best Practices in Fraud Management: Q&A with Bob Shiflet. What Data Do I Need to Fight Application Fraud?

Identity Theft 40

Identity Theft Best Practices Fraud Detection Social Security 40

Nanonets

SEPTEMBER 25, 2024

We'll also guide you through setting up an efficient bank statement processing system and share best practices to transform this data flood into a strategic asset. 💡 Best practices:  1.   💡 Best practices:  1. 💡 Best practices:  1.

Process 52

Process AI Best Practices Reconciliation 52

Seon

JUNE 27, 2024

These advancements have changed the way we approach cybersecurity and fraud detection. Uncover Complex Fraud Patterns Continuously improve your fraud detection with proven AI insights. Fraud Detection Using Machine Learning Discover how your business can leverage powerful, ML-enhanced fraud detection.

Cybersecurity 52

Cybersecurity Fraud Detection Identity Theft Money Laundering 52

Stax

DECEMBER 20, 2023

Memorizing all of the nuances is impossible, but understanding the interchange rate range most common for your business is a good best practice. By investing in secure payment gateways, fraud detection systems, and robust transaction processing protocols, you can lower the risk of chargebacks and avoid unnecessary fees.

Credit Cards 167

Credit Cards Debit Card Processors Non-Bank 167

The Fintech Times

JUNE 21, 2024

It will focus on several key areas: Advanced fraud detection and prevention Developing and implementing cutting-edge technologies to detect and prevent financial fraud. The center will provide a platform for the exchange of ideas and best practices between the public and private sectors.

Crime 64

Crime Research Financial Crimes FBI 64