Correspondent Correspondent Bank Fraud Detection 
The Payments Association
JUNE 9, 2025
This is more than 'coding to the spec'; different and new software is required by originating institutions, correspondent banks, intermediate banks, and even regulators or central banks to realise the advantages." Providers must act now to leverage these capabilities for competitive advantage.
Finextra
JULY 30, 2025
Rather than maintaining fragmented payments engines, banks should now aim to create a unified, scheme-agnostic payments processing platform. This modernised architecture should seamlessly integrate with RTGS, instant payments, and correspondent banking rails while being flexible enough to support innovative payments methods in the future.
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Finextra
JUNE 15, 2025
The gambling industry’s experience with fraud detection and real-time risk assessment again becomes is valuable and available within cloud technology. Banks went international with Telex, wire transfers and Correspondent Banking (four banks involved making international transactions). Its a timing issue.
Finextra
OCTOBER 22, 2024
Regulators must define a “minimum set of data” to be shared between banks that would still “serve the purpose” of fraud detection and prevention, said Michele Gentile, head of group correspondent banking, APAC, UniCredit, at Sibos today.
Fintech News
JULY 4, 2024
In payments, AI-powered systems can enhance fraud detection and streamline cross-border transactions, potentially revitalising correspondent banking relationships that have dwindled due to regulatory pressures.
The Fintech Times
FEBRUARY 21, 2024
“This creates the opportunity for correspondent banks to route and settle payments via a real-time payment infrastructure rather than the Real Time Gross Settlement rail, the only option previously. The advantage is lower fees and 24×7 availability.
Evolve Payment
SEPTEMBER 29, 2023
Expect to see more robust encryption protocols, tokenization, and machine learning-based fraud detection systems to keep transactions safe from evolving threats. These new entrants and innovative solutions are challenging the dominance of traditional bank and card-based payment systems on a significant scale.
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