The Payments Association

JUNE 11, 2025

Fraud is no longer just a technical problem—it’s a product, compliance, and strategic issue embedded in the business model. Regulation is reshaping the landscape UK legislation is increasing corporate liability and tightening compliance expectations. Compliance is becoming a competitive differentiator.

Risk

The Payments Association

JUNE 16, 2025

Jaspreet Kaur Senior consultant, Digital Finance "Consumer protection and fraud prevention needn’t be at odds with one another; one can, instead, complement the other. Such a model enables firms to proactively stay on top of both their consumer protection and their fraud risk management obligations."

Scams

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

The Fintech Times

DECEMBER 10, 2024

AI-powered automated document authentication and fraud detection solutions provider, IDVerse is set to be acquired by data and analytics platform, LexisNexis Risk Solutions and become a part of LexisNexis Risk Solutions Business Services to combat AI-generated fraud.

Risk

Finextra

AUGUST 1, 2025

KYC and compliance document processing 4. Risk and fraud detection systems 5. KYC, AML and compliance document processing: How RAG assists in document summarisation and matching This is an AI use case that is likely familiar. ROI ROI comes from both cost savings and faster throughput, as well as better compliance.

FinTech

The Fintech Times

MARCH 14, 2025

Within wider AI-driven topics fraud detection was an interesting one, in the session Dealing with AI, Fighting on both sides of Financial Fraud, experts discussed the dual role of AI, both as a weapon for fraudsters and a defence mechanism for financial institutions. Thats the problem. Her words landed with weight.

FinTech

Fintech Finance

MARCH 4, 2025

Both financial institutions and regulators have put fraud prevention and detection in the forefront for 2025. Fraud was ranked as one of the top three priorities for 2025 among payment organisations surveyed in Vixios 2025 Payments Compliance Outlook. Liability can be unclear, given that victims approve transactions.

Fraud Prevention

Evolve Payment

OCTOBER 22, 2024

These AI-created images, videos, and audio content, called deepfakes, showcase how advanced AI generation tools have become. AI deepfakes often have convincing video and voice manipulation, making them increasingly difficult to identify–and this technology is only becoming more advanced and easily accessible.

Deepfake

Fintech News

FEBRUARY 18, 2024

This collaboration helps dtcpay balance speed and compliance as they expand across Asia and beyond. Moving fast without compromising compliance As a Major Payment Institution licensed by Singapore’s Monetary Authority, dtcpay operates in a complex regulatory environment.

Verification

Fintech Finance

FEBRUARY 20, 2025

The move comes as Deloittes Center for Financial Services warns that fraud losses driven by generative AI could reach $40 billion in the US alone by 2027. 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.

AI

The Payments Association

OCTOBER 22, 2024

According to the Payment Systems Regulator (PSR) , the volume of APP fraud cases rose by 12% last year. This increase was driven by fraudsters leveraging sophisticated techniques, such as fraud networks, phishing scams and AI-generated deepfakes, to trick victims into authorising payments.

Rules

Finovate

MARCH 13, 2024

The integration will bring automated crypto transaction monitoring and secure data storage, as well as ensure regulatory compliance. This will enhance regulatory compliance and secure data storage, as well as provide automated crypto transaction monitoring for Chainalysis’ clients.

Verification

Finovate

FEBRUARY 29, 2024

On the fraud side, the augmented pay-by-bank solution enhances not only KYC compliance, but also fraud detection and ID verification capabilities, which are crucial in today’s era of advanced deepfakes and synthetic identities.

Verification

The Fintech Times

DECEMBER 21, 2023

First is an expected uptick in utilising AI for more complex processes, like data analysis and fraud detection. Every fintech will have to review its compliance processes to support and ensure a smooth transition.” . “As we look ahead to 2024, two prominent trends are poised to shape the financial services sector.

Cross-Border Payments

Fintech Finance

FEBRUARY 29, 2024

By combining Socure’s accurate and inclusive identity verification and fraud prevention ID+ platform with Trustly’s guaranteed Pay by Bank offering, merchants can onboard users and process payments in one integrated flow. The joint solution allows merchants and fintechs to accelerate time-to-revenue while ensuring regulatory compliance.

Fraud Prevention

Seon

SEPTEMBER 20, 2024

The rise of artificial intelligence (AI), machine learning (ML) and automation have all added new layers of complexity to fraud prevention at an unprecedented scale. For instance, fraudsters now leverage innovative technologies to create deepfakes, bypassing traditional identity verification methods like document ID checks and biometrics.

Risk

The Payments Association

APRIL 7, 2025

It underscores the critical need for advanced technologies, regulatory compliance, and comprehensive strategies to effectively combat financial crime and safeguard the financial ecosystem What’s next? Why is it important? Technological Investments Firms are investing heavily in advanced technologies to combat financial crime.

Financial Crimes

PYMNTS

SEPTEMBER 11, 2019

STACK implements various behind-the-scenes procedures — tokenization, identity verification and automated fraud detection, for example — and provides customer-facing options that give users a sense of control and transparency. This approach remains important as the company considers international expansion.

Security

Fintech News

OCTOBER 28, 2024

Fighting deepfakes and fraudulent identities – Jumio’s holistic approach to building identity trust” with “Jumio Delivers Adaptive Verification as AI Fraud Projected to Hit US$40 Billion. Hong Kong police recently arrested 27 individuals linked to a deepfake scam that swindled victims out of $46 million.

Verification