Fintech Finance

DECEMBER 19, 2024

Visa (NYSE: V) today announced it has completed its acquisition of Featurespace , a developer of real-time artificial intelligence (AI) payments protection technology that prevents and mitigates payments fraud and financial crime risks. Visa will add Featurespaces capabilities into its range of fraud prevention and risk-scoring offerings.

Fraud Prevention 97

Fraud Prevention Value Added Service Financial Crimes AI 97

Fintech Finance

MARCH 19, 2025

It also explores how emerging technologies such as SoftPOS can help mitigate these obstacles, enabling broader acceptance of QR code-based faster payments across industries. The FPC continues to advance its mission of fostering the adoption of faster payments through collaboration, research, and industry-wide initiatives.

Faster Payments 129

Faster Payments Instant Payments FPC Point-of-Sale (POS) 129

Fintech Finance

DECEMBER 11, 2024

Through regular Innovation Days, Armalytix continues to develop features like Large Items Insights, which helps identify and mitigate potential financial risks more effectively. The partnership goes beyond simply gathering basic financial information.

Laws 98

Laws Transactions FinTech Legal 98

Fintech Finance

NOVEMBER 26, 2024

PayTic will support AFS’s internal operations and offer their suite of back-office automation modules to AFS’s existing clients and regional banks, streamlining the end-to-end daily operations, increasing productivity, mitigating risks, and adding greater value.

Reconciliation 98

Reconciliation Automation Mitigation Digital Payments 98

The Fintech Times

SEPTEMBER 5, 2024

This incident has highlighted weaknesses within the global digital payments infrastructure, an infrastructure that is more critical than ever as use of cash continues to decline. The post Strengthening Cybersecurity and Mitigating Financial Crimes in a Cashless World appeared first on The Fintech Times.

Financial Crimes 82

Financial Crimes Mitigation Cybersecurity Crime 82

The Payments Association

OCTOBER 28, 2024

Payment leaders must focus on fraud prevention, collaboration with tech and telecom sectors, and public education to mitigate future risks. In the world of digital payments, fraud is an ever-present threat that continues to evolve, creating serious risks for both businesses and consumers. What’s next?

Scams 88

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

Fintech Finance

NOVEMBER 19, 2024

This mitigates the risks often associated with frontier markets. Manpreet continued: “Many global businesses have hesitated to enter emerging and frontier markets like Pakistan due to regulatory challenges, cross-border payment complexities, and unfamiliar payment preferences.

Cross-Border Payments 98

Cross-Border Payments Cross-Border Regulatory Compliance Fraud Prevention 98

The Payments Association

FEBRUARY 10, 2025

Andrew Doukanaris Ambassador, The Payments Association While vIBANs have positive use cases, challenges exist in limited monitoring of the end user, alignment with the PSPs risk appetite, and the lack of a consistent framework to mitigate financial crime and regulatory risks. Common standards would bring consistency and confidence.

IBAN 88

IBAN AML Master Account Due Diligence 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. Cohn believes regulation will impose stricter requirements for organisations to assess and mitigate the potential for algorithmic bias in AI-powered payment systems.

Privacy 88

Privacy Payment Security AI Security 88

Fintech News

FEBRUARY 4, 2025

Phishing continues to be one of the most prevalent scams affecting both consumers and businesses. Strengthening chargeback management strategies by employing tools that track chargeback claims and differentiate between genuine disputes and fraudulent ones can help businesses mitigate losses.

Fraud Prevention 104

Fraud Prevention Phishing Authentication Disputes 104

FloQast

JANUARY 22, 2025

As we continue to push the boundaries in the AI space , our AI-powered tools help accounting teams do more with lessenhancing decision-making, uncovering insights, and reducing repetitive tasks through intelligent automation. Continuous Improvement Obtaining the certification is just the beginning.

ISOs 105

ISOs AI Accounts Audit 105

The Payments Association

MAY 28, 2025

The platform uniquely integrates advanced data analytics with regulatory insights, enabling companies to achieve seamless compliance and mitigate risk. OpusDatum continues to set the standard in compliance innovation, providing essential tools to navigate the ever-changing global regulatory landscape.

Compliance 88

Compliance Wire Transfer Wires Wire 88

Fintech News

DECEMBER 22, 2024

In 2024, Singapore continued to solidify its position as a global fintech leader. Finally, the fintech startup ecosystem continued to diversify, a trend which is evident in the rapid growth of Web 3.0, Singapore continues to lead fintech funding In 2024, Singapore continued to lead fintech funding across ASEAN.

FinTech 113

FinTech Cross-Border Payments Cross-Border Money Laundering 113

VISTA InfoSec

MARCH 25, 2025

CREST accreditation ensures that the testing is conducted by highly skilled professionals using proven methodologies, offering assurance of quality and reliability in identifying and mitigating vulnerabilities. Why should I choose a CREST-accredited provider? How often should penetration testing be conducted?

Cybersecurity 130

Cybersecurity Accreditation PCI DSS Assessments 130

VISTA InfoSec

FEBRUARY 25, 2024

You might be able to prevent data breaches by hiring cybersecurity services to harden systems continuously. Backup Continuously Configure regular automated backups across servers, endpoints, databases, file shares, and email servers while retaining multiple generations of backups stored offsite in geographically distributed locations.

Data Breach 272

Data Breach Breach Multifactor Authentication Cybersecurity 272

The Payments Association

MARCH 5, 2025

trillionregulators continue to strengthen AML requirements in response to evolving financial crime risks, urging financial institutions to reinforce their risk management frameworks and adopt effective compliance measures. Our AI-driven AML screening helps institutions remain compliant while reducing unnecessary alerts and operational strain.

Financial Crimes 88

Financial Crimes AML Crime Risk 88

The Fintech Times

MAY 10, 2025

Emerging tech: High-stakes opportunities The hype surrounding AI, blockchain and quantum computing continues to grow, and for good reason. Our focus is on responsible adoptionensuring transparency, mitigating bias in models, and continuously reviewing outcomes to maintain trust and control.

AI 91

AI Blockchain Online and Mobile Banking Privacy 91

Fintech Finance

NOVEMBER 19, 2024

As the holiday shopping season approaches, card-based payments continue to dominate consumer transactions. Now, more than ever, it is essential for banks and financial institutions to implement proactive measures to mitigate these challenges and uphold customer trust during peak transaction periods.

Disputes 96

Disputes Consumer Protection Duplicate Transactions 96

Fintech Finance

NOVEMBER 14, 2024

With enhanced observability, users can achieve more precise performance tracking, improving their ability to mitigate risks and adapt to market changes. This continues Volante’s track record of, and our valued commitment to, driving time-to-market speed, innovation, and business growth for our customers,” concluded Gupta.

Real Time Payments 98

Real Time Payments ISO 20022 Technology Payments 98

The Payments Association

NOVEMBER 25, 2024

Banks continue to sever ties with MSBs like PFS without individualised assessments, often citing AML concerns or geopolitical risks associated with countries like Iran. By undermining regulated channels, de-risking paradoxically amplifies the very threats it aims to mitigate.

Risk 88

Risk Financial Crimes AML Financial Inclusion 88

The Fintech Times

MARCH 28, 2025

Their expertise in mitigating bank rejections and commitment to improving acceptance rates have allowed us to provide our customers with a frictionless, reliable payment experience. This collaboration is addressing key pain points in our payment journey and enabling our continued growth and success.

Process 71

Process Payments Mitigation Payments Tools 71

The Payments Association

MAY 16, 2025

These tokens are useless if intercepted, significantly mitigating the risk of data breaches. As e-commerce continues to grow and diversify, investing in robust payment orchestration is no longer just a technical enhancementit is a competitive imperative.

Transactions 88

Transactions PCI DSS Payments Settlement 88

Fintech News

APRIL 2, 2025

Hart has also advised both scale-ups and large enterprises on cybersecurity and risk mitigation. As we continue to expand globally, Jims leadership will ensure that we maintain the highest standards of security, protecting our customers and enabling innovation in payments.

Cybersecurity 81

Cybersecurity Risk Mitigation Regulatory Compliance Risk Management 81

The Payments Association

DECEMBER 18, 2024

Undoubtedly, fintech and payments will continue to serve as pivotal forces shaping the financial landscape, but what trends will define the market next year? Jeff Parker, CEO, says, “Digital payments will continue to grow rapidly, with mobile wallets expected to reach 4.8

Cross-Border 88

Cross-Border AI Push-to-Card Real Time Payments 88

The Payments Association

FEBRUARY 10, 2025

The Economic Crime and Corporate Transparency Act 2023, specifically the “failure-to-prevent fraud” offence, and outlines how businesses can mitigate fraud risks. This article explores the key provisions of the Act, the risks businesses must address, and the steps required to mitigate potential liabilities.

Crime 88

Crime Fraud Prevention Risk Assessment Due Diligence 88

Finovate

JANUARY 7, 2025

Logistically, Eltropy will continue to operate out of its headquarters in Santa Clara, California and Lexop will continue its operations in its headquarters location of Montreal, Quebec. .” Today’s deal marks Eltropy’s third acquisition after purchasing POPi/o and Marsview.ai

Acquirers 64

Acquirers Technology Credit Union Community Banks 64

The Fintech Times

DECEMBER 9, 2024

Mike Camerling, CEO, Aevi Mike Camerling , CEO said: “The incident has underscored the critical need for resilience, especially in industries like payments, where operational continuity and consumer trust are paramount. ” EV payment anxiety continues to be a concern. How should businesses address this?

Payment APIs and Integration 102

Payment APIs and Integration Online and Mobile Banking AI Financial Inclusion 102

Fintech Finance

FEBRUARY 17, 2025

As the fintech industry continues to grow and evolve, so do the demands for regulatory compliance. Fintech compliance is an increasingly important aspect of the financial industry. The post PhotonPay Enhances Global Payment Solutions with Robust Compliance and Risk Solutions appeared first on FF News | Fintech Finance.

Compliance 59

Compliance Payment Solutions Global Payments Risk 59

Fintech Finance

MAY 20, 2025

Meanwhile, consumer confidence fell to a 14-month low in April, driven by the cost-of-living crisis and continued volatility in global markets. Chargebacks911 urges UK businesses to adopt a proactive, data-driven approach to mitigating chargeback fraud. In Q1 2025, GDP stagnated, inflation remains persistently high at 3.5%

Consumer 75

Consumer Disputes Audit Mitigation 75

Neopay

MAY 28, 2025

While venture funding continues to underperform historical norms, particularly at early-stage levels, fintech employers are nonetheless proceeding with strategic hires. London continues to dominate hiring in this space buoyed by the upcoming Cyber Security and Resilience Bill. Hiring activity is varied across the sector.

FinTech 52

FinTech Cross-Border Financial Crimes Compliance 52

Fintech Finance

MARCH 5, 2025

By leveraging TreviPays platform, HSBC is focusing on helping corporate customers enable sales and engage with new business buyers through receivables finance, invoice processing and management and risk mitigation. Through this collaboration, businesses can benefit from flexible payment terms and options at the point of check-out.

Risk Mitigation 52

Risk Mitigation Mitigation B2B Gateways 52

The Payments Association

DECEMBER 10, 2024

Fraudsters are continuously finding new sophisticated ways of leveraging AI to carry out cyber threats, with traditional fraud prevention methods, which rely on fixed rules and human intervention, being no longer sufficient to detect and mitigate the complex and evolving tactics used by fraudsters.

AI 88

AI Fraud Detection Fraud Prevention Deepfake 88

The Payments Association

JANUARY 21, 2025

Table of Contents Voices from the industry: Insights into the 2024 payments landscape In 2024, we witnessed a convergence between consumer and B2B payments, driven by the rise of BNPL adoption, AI-powered fraud detection, and the continued digitalisation of payment platforms.

Payments Trends 88

Payments Trends Financial Crimes Cross-Border Payments 88

The Fintech Times

JANUARY 21, 2025

But, as it becomes increasingly complex in order to keep pace with criminals, businesses must respond accordingly to ensure they are able to grow and continue to deliver excellent customer service. Organisations that have embraced these solutions are better equipped to navigate evolving regulations and mitigate risks.”

Regulations 72

Regulations Financial Crimes Money Laundering Crime 72

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. From fraud prevention to financial inclusion, its applications are vast and impactful.

AI 82

AI FinTech Fraud Detection Fraud Prevention 82

The Fintech Times

JANUARY 7, 2025

In recent years, the payments market has been marked by continuous dynamism, driven by disruptive innovations and the emergence of new paradigms based on open models. These technology-led changes have brought about a profound transformation in financial services, often described as a true revolution.

Value Added Service 105

Value Added Service Finance Payee Cross-Border Payments 105

VISTA InfoSec

OCTOBER 21, 2024

Continuous Monitoring: Organizations need to continuously monitor their controls if they are to maintain their compliance with SOC 2 as it’s not like a one-off thing. Continuous Improvement: A continuous improvement process must be put in place in order to regularly check and upgrade controls.

Audit 147

Audit Compliance Procedures Best Practices 147