Fintech News

DECEMBER 17, 2024

The payment giant responded by deploying its own artificial intelligence and machine learning technologies to detect and prevent fraudulent activity before it could occur, regardless of where or how consumers were shopping. Although crooks are using AI more and more, so are we. And thats paying off.

Fraud Prevention 116

Fraud Prevention AI Account Takeovers Blocks 116

Fintech Finance

MARCH 24, 2025

A new survey of UK temporary recruitment businesses has revealed that inefficient technology and processes are significantly impacting workforce productivity. Three-quarters (74%) of payroll professionals say at least 11 hours per week are wasted due to outdated technology and inefficient workflows.

Payroll 52

Payroll Research Technology Process 52

Fintech Finance

DECEMBER 9, 2024

With a series of organisational and strategic upgrades in 2024, Ant International , a leading global digital payment and financial technology provider, reported robust growth over the past year among all its four pillar businesses, Alipay+ , Antom , WorldFirst and Embedded Finance. connecting over 90 million merchants in 66 markets to 1.6

Embedded Finance 98

Embedded Finance Cross-Border Cross-Border Settlement Finance 98

Fintech News

NOVEMBER 12, 2024

The mBridge project, initially supported by the Bank for International Settlements (BIS), continues to focus on using distributed ledger technology for efficient cross-border settlements, despite BIS “graduating out” of the four-year initiative.

Cross-Border Payments 122

Cross-Border Payments Cross-Border Payment Initiation Cross-Border Settlement 122

Fintech Finance

JANUARY 13, 2025

Air Europa continues extending the options for its customers to customize the shopping experience to suit their needs. To achieve this, the airline now offers Hands Ins split payment technology on its website, enabling customers to divide ticket costs between multiple travellers or credit cards at checkout.

Process 95

Process Credit Cards Payments Fraud Prevention 95

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

JANUARY 9, 2025

Saudi Arabia for Information Systems Technology to operate digital payment services via an electronic wallet in the Kingdom. It is worth noting that the electronic payment sector in the Kingdom has witnessed significant growth in recent years, driven by government investments and rapid technological advancements.

Central Bank 98

Central Bank Digital Payments Financial Inclusion Payments 98

Fintech News

NOVEMBER 10, 2024

Over the past two years, Visa PFD says it has observed spikes in the volume of threat actor discussions in underground communities related to the release of new AI technology, including malicious versions of AI chatbot programs such as “Fraud GPT” and “Worm GPT” in cybercrime underground marketplaces. in H1 2024 compared to H2 2023.

Ransomware 121

Ransomware Data Breach Scams AI 121

The Fintech Times

APRIL 10, 2025

Artificial intelligence (AI) is helping organisations take their offerings to the next level, and reflecting on how it has done so over the last few years for itself, the US based financial institution, Bank of America has revealed that AI is now embedded across multiple business lines and areas including global technology, operations and training.

AI 59

AI Online and Mobile Banking Professional Development Payroll 59

Fintech Finance

JUNE 18, 2025

Sunbit has reported a 6% increase in customer approval rates after integrating Checkout.com ’s AI-powered payment acceptance technology. Sunbit’s engineering and product teams worked closely with Checkout.com’s payment experts, who continuously monitor payment performance to fine-tune processes and identify opportunities for improvement.

AI 52

AI Technology Payments CRM 52

The Payments Association

OCTOBER 28, 2024

Fintech’s emphasis on delivering a more seamless, user-friendly payment experience has raised the bar for the entire industry, pushing traditional banks and processors to focus on modernising their technology stacks – perhaps faster than they would have otherwise.

Process 100

Process Payment APIs and Integration Processors Payments 100

The Payments Association

NOVEMBER 18, 2024

Banks must invest in modern, flexible technology and potentially partner with fintechs to remain competitive and retain their merchant relationships. Banks should continue to address barriers such as consumer expectations and the need for technology expertise to maintain their competitive edge. What’s next? trillion U.S.

FinTech 88

FinTech Online and Mobile Banking Acquirers Fraud Prevention 88

Fintech Finance

NOVEMBER 19, 2024

PayFuture , a leading global payment technology provider, has launched its operations in Pakistan, creating new opportunities for international businesses to engage with one of South Asia’s most dynamic ecommerce markets. This mitigates the risks often associated with frontier markets.

Cross-Border Payments 98

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

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

NFCW

APRIL 3, 2025

CONT ACTLESS: UK consumers used the technology more frequently in 2024 and their average spend was greater A record 94.6% “Convenience continued to drive uptake, as over two-thirds (67%) of those aged 61-79 agree that contactless payments are easier than chip and PIN transactions.

CHIPS 90

CHIPS Contactless Payments Mobile Payments Transactions 90

Fintech News

FEBRUARY 4, 2025

Phishing continues to be one of the most prevalent scams affecting both consumers and businesses. A significant 62% of businesses are using AI-driven fraud prevention technologies to enhance security. Below are the most common types of fraud found now. Businesses must strike a balance between security and seamless customer experiences.

Fraud Prevention 108

Fraud Prevention Phishing Authentication Disputes 108

Fintech Finance

NOVEMBER 13, 2024

Mastercard’s technology is already making online checkout quicker for businesses. With this shift we are protecting sensitive data through advanced encryption and tokenization technologies,” said Jorn Lambert, chief product officer at Mastercard. “As

Visa 98

Visa Authentication Issuers Payments 98

Fintech Finance

DECEMBER 20, 2024

Patricia Haynes, Thredds new Senior Vice President of Platform, is a seasoned technology leader with extensive experience in highly regulated global environments and scaling up technology operations.

APACS 97

APACS Issuers Credit Cards AI 97

Fintech Finance

DECEMBER 17, 2024

By incorporating Kuady’s technology, MeridianBet users in the region will benefit from secure, simple, and efficient payment options. Our focus on speed, simplicity, and security ensures that Kuady continues to set new standards in payment technology across Latin America and beyond.

Processors 98

Processors Payments Economy Security 98

Fintech News

DECEMBER 22, 2024

Patricia Haynes joins as Senior Vice President of Platform, bringing her expertise in technology operations and risk management from roles at Zopa and LexisNexis Risk Solutions. She has extensive experience in highly regulated environments and has worked on AML and compliance technology initiatives. said Jim McCarthy, CEO at Thredd.

APACS 105

APACS Issuers Commercial Card AML 105

The Payments Association

JUNE 9, 2025

These position the UK payments sector for continued evolution in a rapidly changing global financial landscape. While the previous RTGS system served the UK market effectively for many years, it had become increasingly constrained by fast-moving developments in payment technology, shifting user expectations, and emerging cyber threats.

ISO 20022 88

ISO 20022 Payment APIs and Integration ISOs Interoperability 88

Finextra

JUNE 11, 2025

Introduction of MICR Cheques (1980s): Magnetic Ink Character Recognition (MICR) technology was introduced for faster and more accurate processing of cheques, reducing manual intervention. UPI Dominance: UPI continues to set global benchmarks, accounting for nearly 46% of all global real-time digital transactions in 2022.

Financial Inclusion 52

Financial Inclusion Payment APIs and Integration Real Time Gross Settlement (RTGS) Funds Transfer 52

Fintech Finance

NOVEMBER 1, 2024

His deep expertise in productising and scaling technology solutions coupled with his previous roles in the iGaming and Payments sectors, notably at Paddy Power Betfair, makes him the perfect fit for driving our strategic vision forward.

AI 98

AI Innovation Cybersecurity FinTech 98

The Payments Association

DECEMBER 18, 2024

Payment technology and innovation are accelerating across the fintech industry, with more companies recognising the importance of adapting to changing customer needs, with non-cash transactions projected to hit 2.3 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

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. However, as payment services rely more heavily on these AI technologies, they face a growing challenge: how to harness the power of LLMs without compromising data privacy.

Privacy 88

Privacy Payment Security AI Security 88

Fintech Finance

OCTOBER 30, 2024

His expertise and vision will be invaluable as we continue to scale our platform and support financial institutions globally in modernizing their payments infrastructure. We are thrilled to welcome him to the team at this exciting time for Tuum.” “I’m excited to join Tuum at such a pivotal moment.

Accounts 96

Accounts Cross-Border Payments Cross-Border Payments 96

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. All of these emerging technologies promise significant potential, as Rio-Tinto explains, but also present new risks. “As with any emerging technology, governance remains essential.

AI 91

AI Blockchain Online and Mobile Banking Privacy 91

Fintech News

NOVEMBER 20, 2024

This move aims to reduce the cost and increase the speed of international money transfers by leveraging blockchain technology. With this upcoming collaboration, we’ll continue to drive financial inclusion and help more Filipinos.” ” said Jean Henri Lhuillier, President and CEO of Cebuana Lhuillier.

Cross-Border 131

Cross-Border Cross-Border Payments PayPal Financial Inclusion 131

Fintech Finance

JANUARY 8, 2025

Drawing on his deep expertise in payments, commerce, and technology, Alex will deliver PXPs vision of unifying global payments through a single integration, creating a commerce ecosystem that makes business simpler, better, and more connected. Alex will play a key role in shaping and delivering that vision.

Global Payments 98

Global Payments Innovation AI Technology 98

Fintech Finance

JANUARY 10, 2025

Reap , a leading payment technology provider, is thrilled to announce today that it has received an In-Principle Approval (IPA) from the Monetary Authority of Singapore (MAS) for its application of the Major Payment Institution (MPI) License for its Singapore entity, Reap Singapore. Obtaining the IPA marks a significant milestone for Reap.

Payments Institute 98

Payments Institute Authorization APACS Payments 98

The Payments Association

APRIL 7, 2025

The industry must focus on technological investments, enhancing security, and addressing regulatory and interoperability challenges to stay competitive. The survey results offer a detailed analysis of critical areas such as the adoption of emerging technologies, regulatory compliance, financial crime, and customers’ evolving needs.

Financial Crimes 88

Financial Crimes Interoperability Payments Crime 88

Fintech News

MARCH 5, 2025

The bank attributed Guptas higher pay to its strong overall performance and enhanced technological resilience, which led to an improved scorecard assessment by the board. He joined the bank in 2009 during the global financial crisis and steered it through challenges posed by fintech competition, leveraging technology to redefine banking.

Returns 106

Returns Assessments FinTech Technology 106

Finextra

JUNE 6, 2025

PayPal’s BNPL solution, Pay in 4, incorporates sophisticated fraud prevention technology and machine learning models to assess creditworthiness quickly. There are also further potential technology driven benefits that may not be immediately obvious. Further the global market is forecast to grow at a CAGR of 10.2%

BNPL 52

BNPL Technology Payment APIs and Integration AI 52