The Payments Association

OCTOBER 28, 2024

In the world of digital payments, fraud is an ever-present threat that continues to evolve, creating serious risks for both businesses and consumers. One of the most alarming trends identified in the report is the continued rise in social engineering scams, which now account for a significant portion of fraud activity.

Scams 88

Scams Push-to-Card Fraud Detection Online and Mobile Banking 88

The Payments Association

DECEMBER 9, 2024

Firms must adopt transparent AI practices, enhance regulatory frameworks, and continuously train models to navigate the evolving landscape of AI-driven threats. Laws such as the General Data Protection Regulation (GDPR) and Payment Services Directive 2 (PSD2) were designed to safeguard user data and ensure secure transactions.

Privacy 88

Privacy Payment Security AI Security 88

Fintech Finance

DECEMBER 9, 2024

New data released today from the Reserve Bank of Australia (RBA) , shows Australians continue to embrace the ease of mobile wallets when making payments. ABA CEO Anna Bligh said the data demonstrated that customers were continuing to switch to convenient digital banking channels. Australia is well and truly in a digital banking boom.

Digital Payments 98

Digital Payments Payments Consumer Protection Laws 98

The Fintech Times

JUNE 27, 2025

According to QwikPay, iDenfy has a combination of global identity coverage, AI-enhanced biometric verification, and continuous AML screening combined with startup-friendly pricing, which makes it an attractive partner when it comes to regulatory compliance technology. “We

Risk Management 59

Risk Management Compliance Risk AML 59

Neopay

JUNE 20, 2025

Efforts to combat fraud The financial services sector has been proactive in its efforts to prevent fraud, investing heavily in technology and working closely with law enforcement, government, and other sectors to disrupt criminal activities. The post Fraud in 2024: A Continued Threat to Financial Security appeared first on Neopay.

Continuity 52

Continuity Security Fraud Prevention Law Enforcement 52

The Fintech Times

APRIL 7, 2025

In the anti-fraud strategy, Innovate Finance advocates for a data-sharing approach across sectors, regulators and the law enforcement industry, to industrialise the UKs use of technology to spot and stop fraud and enable all financial firms to access and use these solutions.

Law Enforcement 45

Law Enforcement Innovation Finance Origination 45

Fintech Finance

JULY 3, 2025

The law was enacted on June 25, 2025 and creates a new regulatory framework for On-Demand Pay products in Louisiana. The new law codifies the On-Demand Pay industry’s best consumer protection practices, and clarifies that providers are not deemed to be engaging in lending when they comply with the provisions of HB 368.

On-Demand 75

On-Demand Laws Consumer Protection Legal 75

The Payments Association

MAY 16, 2025

As the digital economy continues to grow, so does the need for quick, seamless, and secure payments. On top of that, businesses need to make sure their AI tools meet local regulations and privacy laws. But traditional systems often struggle to keep upthey’re slow, clunky, and increasingly vulnerable.

AI 88

AI Security Fraud Prevention Fraud Detection 88

The Payments Association

NOVEMBER 12, 2024

Independent UK law firm Burges Salmon has announced the appointment of partner Martin Cook as the new head of the firm’s significant and fast growing Financial Services sector.

Cross-Border 88

Cross-Border Disputes Legal Laws 88

The Fintech Times

FEBRUARY 10, 2025

The momentum is expected to continue into 2025, with companies from various sectors announcing their intention to come to market. The country has introduced a law, effective May 2025, that requires companies to report carbon emissions. “The region has been one of the busiest when compared to the global market.

Laws 69

Laws Transactions Continuity Accounts 69

FloQast

FEBRUARY 24, 2025

You have laws and regulations to follow, and you do your best to adhere to them throughout your career. Offer continuous training to help teams learn the skills they need to succeed during and after the transformation. Cultivating a culture of improvement also means: Helping your team develop a continuous improvement mindset.

Accounts 52

Accounts Process Best Practices Addressing 52

The Fintech Times

FEBRUARY 19, 2025

Essa Kazim, governor of DIFC “DIFCs Strategy 2030 continues to position us as the top global financial centre in the region and as one of the worlds leading financial centres,” added Essa Kazim , governor of DIFC. Positive change The Global Financial Centres Index continues to rank Dubai as the regions leading financial centre.

AI 75

AI FinTech Laws Authorization 75

The Payments Association

JUNE 3, 2025

Unlike static gateway or acquirer tokens, network tokens adapt in real time to changes such as card reissuance or expiry, ensuring continuity in payment flows. Tokenisation must also contend with data sovereignty laws that dictate where data can be stored, processed, and transferred.

Security 88

Security Payment Security Payment APIs and Integration Credential 88

Fintech Finance

JULY 3, 2025

The Louisiana On-Demand Pay law supports workers with more flexible access to their income. The law was enacted on June 25, 2025 and creates a new regulatory framework for On-Demand Pay products in Louisiana. The law was enacted on June 25, 2025 and creates a new regulatory framework for On-Demand Pay products in Louisiana.

On-Demand 59

On-Demand Laws Payroll Consumer Protection 59

Fintech Finance

MARCH 19, 2025

.- Emily McFarling, Managing Partner, McFarling Law MyCase Smart Spend comes at a pivotal moment for the legal industry, as according to the 2025 AffiniPay Legal Industry Report , 55% of law firms report expense tracking as a challenge. My father was an attorney who struggled with the finances behind his firm.

Credit Cards 59

Credit Cards Laws Legal Embedded Finance 59

The Fintech Times

APRIL 2, 2025

Proactive intervention, not reactive measures: More stringent verification processes across all Meta platforms for advertisers and content creators, robust AI-driven monitoring, and seamless collaboration with financial institutions and law enforcement. In 2024 alone, Revolut prevented over 600million in potential fraud against its customers.

Scams 59

Scams Consumer Financial Crimes Encryption 59

Fintech Finance

JUNE 25, 2025

These appointments reflect the MRC’s broader mission to unite merchants, solutions providers, issuers, acquirers, and law enforcement agencies to share fraud prevention and payment best practices, trends, and emerging threats.

Risk 52

Risk Fraud Prevention Law Enforcement Security 52

Fi911

JUNE 9, 2025

Continuous monitoring catches compromises early. Law enforcement coordination requires established relationships. International law enforcement partnerships become crucial for cross-border transfers. Rather than relying on email for sensitive changes, institutions should implement vendor portals with proper authentication.

Email Compromise 52

Email Compromise Business Email Compromise Compromise Law Enforcement 52

The Payments Association

MARCH 19, 2025

However, there are considerable developments in both Europe and North America, with Apple Pay, Google Pay, and PayPal continuing to expand, with increasing merchant acceptance. Limit data collection and sharing in compliance with privacy laws such as the General Data Protection Regulations (GDPR).

Digital Payments 88

Digital Payments Finance Online and Mobile Banking Payments 88

Payments Dive

JUNE 12, 2025

Skip to main content CONTINUE TO SITE ➞ Dont miss tomorrows Payments industry news Let Payments Dives free newsletter keep you informed, straight from your inbox. The task force would be expected “to examine the payments landscape” and recommend changes to existing laws and regulations, per the senators’ news release.

Law Enforcement 88

Law Enforcement Scams Payments Zelle 88

The Payments Association

JUNE 16, 2025

Understanding current merchant priorities and implementation plans becomes essential for informing business strategy, technology investment, and market positioning decisions as the UK retail sector continues its digital evolution. Industry Voices "Merchants are still flying blind at checkout.

Innovation 88

Innovation Cross-Border Fraud Prevention Payments 88

The Fintech Times

JANUARY 28, 2025

” Since 2015, UK law has capped the level of MIFs at 0.3 On 9 August 2024, CAT granted the Collective Proceedings Order (CPO) authorising the Proposed Class Representative to continue the claim as a class action on behalf of eligible UK merchants. per cent on consumer credit transactions, and 0.3

Visa 59

Visa Commercial Card Caps Laws 59

The Fintech Times

FEBRUARY 27, 2025

Meanwhile, automated tax compliance technology ensures that invoices adhere to laws and internal financial policies by automatically checking invoices for accuracy and adherence to regulations. This is a game-changer for institutional investors as they continue to allocate assets to private markets.

AI 76

AI FinTech Fraud Detection Automation 76

The Payments Association

FEBRUARY 10, 2025

Voices from the industry Businesses subject to the Failure to Prevent Fraud offence must understand their legal obligations under the new law. While the law primarily targets large firms, smaller businesses may also face scrutiny depending on their activities.

Crime 88

Crime Fraud Prevention Risk Assessment Due Diligence 88

EBizCharge

MARCH 14, 2025

Mid-Term Cancellations: For customers who cancel mid-term, access to services will continue until the end of the current billing period. Legal advice: Legal experts can help clarify terms, avoid vague language that may lead to misunderstandings, and ensure that the policy aligns with applicable refund and return laws.

Returns 52

Returns Disputes Legal Non-Bank 52

Fintech Review

APRIL 17, 2025

Regulators are closely monitoring this space, ensuring that digital banking providers comply with data protection laws, anti-money laundering regulations, and operational resilience standards. Banks will continue embedding their services into third-party platforms, such as e-commerce sites, accounting tools, and ride-sharing apps.

Online and Mobile Banking 59

Online and Mobile Banking Embedded Finance Multi-Currency Money Laundering 59

Fi911

JUNE 20, 2025

The scale continues expanding as fraudsters refine their methods. Fair lending laws complicate prevention efforts. Examiners expect documented strategies, measurable results, and continuous improvement efforts. Continuous monitoring catches synthetic identities during cultivation.

Identity Theft 52

Identity Theft Verification Database Authentication 52

The Payments Association

JUNE 16, 2025

Law enforcement also needs serious resourcing. Firms should continue to maintain strong fraud prevention systems to detect and monitor suspicious behaviour by investing in reliable digital tools. Meanwhile, fraud techniques have continued to evolve at pace. We also advocate for a cross-sector industry approach to data sharing.

Scams 88

Scams Assessments Consumer Protection Fraud Prevention 88

Stax

JANUARY 23, 2025

Ensure regulatory compliance by adhering to anti-money laundering (AML) laws and Know Your Customer (KYC) requirements. Monitor merchants continuously Reassess merchant risk periodically to address evolving business dynamics. Protect financial stability by avoiding potential financial losses from high-risk businesses.

Underwriting 68

Underwriting PCI DSS Money Laundering Processors 68

The Payments Association

JULY 8, 2025

However, they will generally need to obtain authorisation under PSD2 to continue providing EMT transfer services beyond that date. Key takeaways for CASPs Transitional relief: CASPs providing EMT transfer services may, in most cases, operate under their MiCA authorisation alone until 1 March 2026.

Stablecoins 88

Stablecoins Payment Service Provider (PSP) Duplicate Authentication 88

Fintech Finance

FEBRUARY 13, 2025

continue to rely on the unique features of Zelle to provide their customers with flexible ways to pay, to settle with a local vendor, or to reward their employees with an on-the-spot bonus that goes directly into their bank account.

Zelle 86

Zelle Credit Union Scams Small Business 86

The Fintech Times

JANUARY 10, 2025

“With this licence, we are well-positioned to continue our strong relationships with existing customers and welcome new clients seeking pay-in and pay-out solutions in more than 40 markets that dLocal serves.

Payments Institute 59

Payments Institute Security Alternative Payment Methods Cross-Border Payments 59

Stax

MARCH 11, 2025

So, if you want to support this payment method, you must constantly stay aware of evolving regulations to ensure you are always on the right side of the law. This means the system will learn the typical behavior of law-abiding users so it can instantly spot any suspicious activity different from whats expected of a normal transaction.

Online Payment Processing 88

Online Payment Processing Process Payment Gateways Online and Mobile Banking 88

Fintech News

FEBRUARY 10, 2025

Unlike GenAI, which operates within predefined parameters, Agentic AI systems possess the capability to make independent decisions, learn from real-time data, and autonomously execute complex tasks without continuous human oversight. Also, the autonomous nature of the AI means decision-making is often removed from human oversight.

AI 84

AI FinTech Fraud Detection Fraud Prevention 84

The Paypers

JUNE 17, 2025

Both companies will continue to focus on meeting the needs, preferences, and demands of clients and users in an ever-evolving market, while prioritising the process of remaining compliant with the regulatory requirements and laws of the industry as well.

Cross-Border 46

Cross-Border Payment APIs and Integration CBDC Financial Crimes 46

The Payments Association

JULY 15, 2025

Embedding Trusted AI and continuous ID verification is critical to counter synthetic media threats. Data governance (32%) and regulation (31%) followed closely, indicating that firms continue to struggle with managing information effectively and navigating complex regulatory landscapes in their efforts to prevent financial crime.

Financial Crimes 88

Financial Crimes Crime Fraud Prevention Deepfake 88

Stax

NOVEMBER 14, 2024

Improvements are being made continuously to improve the speed of the transactions, plus the added security is worth the few extra seconds at the checkout counter. Complying with International Regulations Each country has unique laws and regulations governing online transactions, data protection, and fraud prevention.

Credit Cards 88

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