Fintech Finance

JUNE 12, 2025

New research by YouGov commissioned by Checkout.com , a leading global digital payments platform, has found that merchants and financial institutions not offering ID verification and biometric payment authorisation are at risk of losing customer trust. The research also revealed the true extent of those targeted by payment fraud.

Research 52

Research Risk Consumer Verification 52

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 87

Security Verification Deepfake Fraud Detection 87

Clearly Payments

NOVEMBER 13, 2024

Although BINs play a critical role in how payments are processed and authenticated, they often go unnoticed by the average consumer or merchant. Card Verification and Authentication : BINs support the verification process by providing immediate access to the issuing institution’s information.

Process 104

Process Processors Payments Compliance 104

Fintech Finance

DECEMBER 11, 2024

With a proven track record in transforming financial data collection across different sectors, Armalytix has developed a sophisticated platform that streamlines Source of Funds (SoF) verification, addressing long-standing challenges in legal financial processing.

Laws 98

Laws Transactions FinTech Legal 98

Fintech Finance

APRIL 10, 2025

Additionally, this year’s survey shows lower awareness of common payment fraud schemes during tax season particularly among Gen Z respondents, underscoring the importance of consumer education as a vital defense tool against fraud.

Tax Refunds 92

Tax Refunds IRS Identity Theft Alternative Payment Methods 92

Finovate

JANUARY 22, 2025

Customer verification specialist Sikoia announced a strategic partnership with Tandem Bank. The partnership will enable the digital bank to automate key parts of its income verification and document handling processes for mortgage brokers. Founded in 2021, Sikoia made its Finovate debut last year at FinovateEurope 2024.

Verification 52

Verification Audit Automation Fraud Prevention 52

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. Adopt multi-factor authentication (MFA) and biometric verification to reduce fraud risks.

Digital Payments 88

Digital Payments Finance Online and Mobile Banking Payments 88

The Fintech Times

JUNE 12, 2025

Merchants and financial institutions not offering ID verification and biometric payment authorisation are at risk of losing customer trust, according to a new report from global digital payments platform Checkout.com. This suggests that over 27 million British consumers have been victims of fraud in the last year alone.

Risk 45

Risk Consumer Verification Credential 45

The Payments Association

JANUARY 21, 2025

Payments Report 2024 As the global payments ecosystem undergoes a period of rapid transformation, the Payments Report 2024 serves as an essential resource for industry leaders navigating shifting trends, emerging technologies, and dynamic consumer behaviour.

Payments Trends 88

Payments Trends Financial Crimes Cross-Border Payments 88

Fintech Finance

FEBRUARY 6, 2025

ACI Worldwide (NASDAQ:ACIW), an original innovator in global payments technology, has announced the extension of its fintech partnership ecosystem through an alliance with Banfico , a leading fintech specializing in regulatory technology, global account verification and Open Banking solutions. Additionally, Banfico is a Pay.UK-certified

Payment Service Provider (PSP) 59

Payment Service Provider (PSP) Instant Payments Verification FinTech 59

NFCW

JUNE 20, 2025

” In China, consumers will be able to make a payment with their Rokid smart glasses by first linking their Alipay account via the Rokid app and enabling voice verification. . “The new feature expands use case scenarios for the AR glasses industry leader, and creates new growth avenues for e-wallets and merchants.”

Payments 118

Payments Transactions Verification Use Case 118

Basis Theory

NOVEMBER 12, 2024

Instead of using the original sensitive data, developers and their applications use previously-generated tokens to execute traditional operations that sensitive data would provide, like performing analyses, generating documents, or customer verification. Tokens, on the other hand, do not depend on the sensitive data to be created.

Encryption 157

Encryption Payment APIs and Integration PCI DSS Returns 157

The Fintech Times

DECEMBER 10, 2024

Andrei Scutari, open banking head of sales, Salt Edge Andrei Scutari , open banking head of sales, Salt Edge commented: “Open banking revolves around data sharing, innovation, and seamless collaboration.

Third-Party Service Provider 64

Third-Party Service Provider Compliance API Consumer Protection 64

Fintech Finance

NOVEMBER 25, 2024

These innovations will offer consumers more secure and seamless payment options, providing greater flexibility when making online purchases. These transactions are initiated through existing bank authentication processes, including biometric verification, making the payment process both straightforward and efficient. “At

Visa 96

Visa Payment Gateways Payments Gateways 96

Fintech Finance

JUNE 8, 2025

Smartphones have become one of the most trusted tools for identity verification today, used instinctively and seamlessly to confirm purchases, access medical records, even unlock homes with just a fingerprint or a glance. Yet when it comes to accessing financial services, phones are rarely included.

Online and Mobile Banking 86

Online and Mobile Banking Authentication Credential Verification 86

Clearly Payments

JANUARY 15, 2025

Customer Expectations In 2024, around 82% of American consumers preferred to pay by card, digital wallet , or other electronic means, according to a Federal Reserve survey. Address Verification Service (AVS) Fees What It Is: AVS is an extra layer of fraud protection that checks the billing address entered by the customer.

Process 105

Process Processors Gateways Push-to-Card 105

Clearly Payments

DECEMBER 11, 2024

Alternative Payment Methods (APMs) have become a big part of todays evolving fintech landscape, as consumers seek faster, more convenient, and secure ways to pay. These methods leverage digital wallets, mobile payments, bank transfers, and other innovative technologies to deliver more flexible options for consumers.

Alternative Payment Methods 59

Alternative Payment Methods Online and Mobile Banking BNPL Payments 59

The Payments Association

JUNE 3, 2025

Tokenisation and the embedded finance boom Embedded finance is reshaping the consumer experience by integrating financial services into e-commerce platforms and apps. Traditionally, identity verification and credential storage were separate from payment processes.

Security 88

Security Payment Security Payment APIs and Integration Credential 88

The Payments Association

FEBRUARY 10, 2025

Currently, large enterprises are the primary users, while small businesses and consumers have shown limited adoptionlikely due to unclear policies on customer eligibility and risk exposure. Strengthening KYC procedures is critical, ensuring that verification extends beyond master account holders to individual vIBAN end users.

IBAN 88

IBAN AML Master Account Due Diligence 88

Finovate

MARCH 25, 2025

Truework Intelligence , a new offering from income and employment verification technology company Truework , will provide mortgage lenders and property managers with a fully automated and comprehensive verification platform. “From the early days, machine learning was a core part of our product.

Verification 59

Verification Payroll API Underwriting 59

Fintech Finance

APRIL 17, 2025

MoneyGram , a leading global payments network for consumers, businesses and communities, today announced a new partnership with Plaid , the data network powering the fintech tools millions of people rely on to lead a healthier financial life. consumers say linking their bank accounts with financial apps is important.

Global Payments 85

Global Payments Cross-Border Payments Cross-Border Credit Union 85

Cardfellow

JUNE 25, 2025

The burden of proof to show that a customer has been rightfully charged falls on you, and when consumers successfully dispute charges, you lose both the product sold and the revenue from that sale. Use Address Verification Service (AVS) Consider using the Address Verification Service anti-fraud tool. Card Recovery Bulletin 11.2:

Disputes 98

Disputes Credit Cards Card Association Acquirers 98

Fintech News

JANUARY 26, 2025

This shiftis not merely a matter of convenience; it is emblematic of an increasingly complex convergence between state-of-the-art technology, consumer desires for seamlessness, and the regions particular socio-economic landscape. In 2023, credit card payments comprised 52.2% of all cashless transactions in Japan.

Payments Trends 128

Payments Trends Payment APIs and Integration Embedded Finance Cross-Border 128

The Payments Association

JANUARY 3, 2025

Fraudsters, armed with advanced technologies and professional networks, are exploiting gaps in systems and consumer behaviour. As consumer expectations for frictionless payments grow, merchants face the dilemma of introducing security measures that can inadvertently disrupt the user journey, risking customer dissatisfaction or abandonment.

Fraud Detection 88

Fraud Detection Fraud Prevention Participant Financial Crimes 88

Clearly Payments

MARCH 14, 2025

Despite rising interest rates, consumer spending remains strong, as shown by a 4% increase in holiday sales and a record-high reliance on credit, particularly among millennials. 3D Secure Authentication : Adds an additional verification step for online transactions, such as a one-time password (OTP) or biometric authentication.

Credit Cards 52

Credit Cards Transactions PCI DSS Online and Mobile Banking 52

NFCW

MARCH 13, 2025

DIGITAL ID: Taiwan says it plans to begin public testing of its Taiwan Digital Identity Wallet this year Taiwan’s Ministry of Digital Affairs (MODA) has unveiled a prototype of the Taiwan Digital Identity Wallet (TW DIW) and announced plans to begin public testing of consumer services by the end of the year.

Credential 107

Credential Adjustments SWIFT Verification 107

Stax

JUNE 23, 2025

By integrating your payment portals with banks, you will keep transaction fees lower and ensure money is quickly deposited into accounts after verification. Automation and efficiency By automating ACH payment processing, businesses can eliminate time-consuming manual processes like uploading CSV files or logging into a bank portal.

ACH 88

ACH API Payment APIs and Integration ACH Network 88

NFCW

JANUARY 31, 2025

BIOMETRICS: Life Card is to start issuing payment cards with fingerprint verification Japanese credit card issuer Life Card is to begin issuing cards containing a built-in fingerprint verification sensor this year, in a move that marks the first commercial launch of biometric payment cards in Japan.

Card Issuer 102

Card Issuer Verification Issuers Credit Cards 102

Stax

NOVEMBER 14, 2024

They issue cards to consumers and are a part of card associations. 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. They occur when a consumer disputes a certain charge to their account.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Payment APIs and Integration 88

Fi911

MAY 22, 2025

Why an Upgrade is Needed PSD2, implemented in January 2018, was designed to transform the EU payments ecosystem by enhancing competition, boosting innovation, and strengthening consumer protections. Consumer Protection with stronger authentication and fraud prevention measures, such as Strong Customer Authentication (SCA).

Payment APIs and Integration 66

Payment APIs and Integration Fraud Prevention Consumer Protection API 66

The Payments Association

DECEMBER 2, 2024

2024 reshaped payments with instant payment mandates, crypto regulations, and enhanced consumer protection driving innovation and security. In 2024, payments regulation underwent seismic shifts, with reforms spanning fraud prevention, digital innovation, and consumer protection, collectively redefining the industry’s future.

Regulations 88

Regulations Instant Payments Consumer Protection Payments 88

Stax

JANUARY 28, 2025

Completing online payments via manual card entry can be time-consuming and off-putting for customers. Click to pay benefits for consumers: Conveniencereduced checkout time For consumers, Click to Pays main attraction is that it speeds up online shopping and online booking of services.

Payment APIs and Integration 68

Payment APIs and Integration Online and Mobile Banking Payment Gateways Gateways 68

Finextra

JULY 10, 2025

Authentication Problems Security protocols such as 3D Secure require customers to complete additional verification steps during checkout. When used effectively, 3DS2 reduces false declines through risk-based authentication, allowing low-risk transactions to proceed without extra steps while flagging suspicious ones for verification.

Transactions 52

Transactions Online and Mobile Banking Fraud Prevention Payment APIs and Integration 52

The Payments Association

JULY 15, 2025

Embedding Trusted AI and continuous ID verification is critical to counter synthetic media threats. This substantial prevalence highlights the critical importance of robust identity verification systems and ‘know your customer’ procedures in an increasingly digital financial landscape.

Financial Crimes 88

Financial Crimes Crime Fraud Prevention Deepfake 88

EBizCharge

MARCH 18, 2025

Improved efficiency and automation Manual payment processing can be time-consuming and prone to errors, leading to inefficiencies in billing and collections. 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 52

Credit Cards Process Security Data Breach 52

NFCW

MARCH 14, 2025

“State bars, restaurants and other businesses with liquor licenses can also accept Mobile ID as a form of age verification during alcohol sales after the New York State Liquor Authority issued an advisory in October approving its use.” Kennedy, Syracuse Hancock, and Stewart International airports.

Security 72

Security Verification Privacy Authorization 72

Fintech News

JUNE 16, 2025

Experian and GBG have expanded their partnership to enhance fraud prevention and identity verification services for organisations across Australia and New Zealand. The move comes amid growing concerns around identity-related fraud. said Mathew Demetriou, Managing Director, Software Solutions A/NZ of Experian.

APACS 76

APACS Verification Fraud Prevention AML 76