Finextra

JULY 13, 2025

dollar—are rapidly reshaping the global remittance landscape. It expresses the views and opinions of the author.

Stablecoins 98

Stablecoins Cross-Border Volume Wire Transfer 98

The Payments Association

DECEMBER 9, 2024

In the rush to stay ahead of fraudulent activity, payment platforms may inadvertently overlook the long-term implications of using AI-driven systems. Without adequate oversight, AIs ability to swiftly process and generate new data could lead to vulnerabilities in security measures.

Privacy 88

Privacy Payment Security AI Security 88

Finextra

JULY 10, 2025

Sign in Sign up News Latest news Company updates Long reads TV Research Events All Conferences Webinars Popular Community Community latest Latest expert opinions Groups Search members Jobs APIs Sign in Sign up News Back News Latest news Company updates Long reads TV Research Events Back Events All Conferences Webinars Popular Community Back Community (..)

Transactions 52

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

Finextra

JULY 9, 2025

Lower transaction costs : RTP reduces dependency on SWIFT and intermediary banks. Faster settlements : Transactions that used to take 2–5 days now clear in seconds or minutes. Enhanced transparency : ISO 20022 enables standardized messaging and better tracking.

Real Time Payments 52

Real Time Payments Cross-Border ISO 20022 Transactions 52

Neopay

JANUARY 30, 2025

The Financial Conduct Authority (FCA) has recently published its findings on how firms are using the National Fraud Database (NFD) and money mule account detection tools to combat financial crime. The National Economic Crime Plan (2023-2026) has identified money mules as a major enabler of fraud and other criminal activities.

Financial Crimes 59

Financial Crimes Fraud Detection Crime Best Practices 59

Finextra

JUNE 29, 2025

Sign in Sign up News Latest news Company updates Long reads TV Research Events All Conferences Webinars Popular Community Community latest Latest expert opinions Groups Search members Jobs APIs Sign in Sign up News Back News Latest news Company updates Long reads TV Research Events Back Events All Conferences Webinars Popular Community Back Community (..)

Cross-Border Payments 52

Cross-Border Payments Cross-Border Stablecoins Payments 52

Finextra

JUNE 10, 2025

The technology is designed to address the various cross-border payments challenges currently faced by businesses in the US, such as the high transaction costs and lengthy timescales associated with Swift.

Acquirers 64

Acquirers Payment APIs and Integration FinTech Cross-Border Payments 64

The Payments Association

JULY 18, 2025

Read More » Financial Crime 360 state of the industry report 2025 July 15, 2025 No Comments Explore 2025 financial crime trends, AI-driven fraud risks, regulatory challenges, and evolving prevention strategies shaping the payments industry. Firms should act swiftly to meet the new standards. Read More »

Regulations 88

Regulations Payment APIs and Integration Payments Legal 88

Fintech Finance

JUNE 2, 2025

Built on an advanced, cloud-native core banking solution from Temenos , and supported by NatWest and SWIFT, MBB is designed to meet the needs of businesses in specialised sectors that face barriers to traditional banking access. MBB delivers a trusted, secure, and reliable alternative to legacy banking services.

B2B 81

B2B Accounts Cross-Border Payments SWIFT 81

Finextra

JULY 25, 2025

Home News Cloud CME completes first phase of testing on Google Cloud Editorial This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

Payment APIs and Integration 59

Payment APIs and Integration Settlement Use Case Privacy 59

Finextra

JUNE 13, 2025

Home News Crypto Shopify, Coinbase, Stripe bring USDC stablecoin payments to merchants Editorial This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Welcome to Finextra.

Stablecoins 64

Stablecoins Payment APIs and Integration Payments Cross-Border Payments 64

The Payments Association

DECEMBER 9, 2024

Q3 : FCA consultation paper on conduct and firm standards for RAO activities, including systems and controls, operational resilience, financial crime, consumer duty, complaints, conduct and governance. With new regulatory frameworks on the horizon, professionals in the sector will face a dynamic environment.

Stablecoins 88

Stablecoins Rules Consulting Regulations 88

Neopay

JANUARY 21, 2025

This case underscores the critical importance of compliance in change of control transactions and highlights the potential risks of failing to meet regulatory expectations, including financial crime exposure and reputational damage. Firms must prioritise compliance to protect their reputation and operational viability.

Financial Crimes 52

Financial Crimes Compliance Crime Breach 52

Finextra

JULY 1, 2025

Home News Crypto Circle applies for national trust bank status Editorial This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

Office of the Comptroller of the Currency 72

Office of the Comptroller of the Currency Stablecoins OCC Digital Currency 72

Finextra

JULY 13, 2025

Sign in Sign up News Latest news Company updates Long reads TV Research Events All Conferences Webinars Popular Community Community latest Latest expert opinions Groups Search members Jobs APIs Sign in Sign up News Back News Latest news Company updates Long reads TV Research Events Back Events All Conferences Webinars Popular Community Back Community (..)

Payment APIs and Integration 52

Payment APIs and Integration Debit Card Origination Credit Cards 52

The Fintech Times

DECEMBER 6, 2024

He highlights the importance of financial crime detection models, particularly as AI-driven scams become more prevalent. Using advanced biometric indicators and behavioural analytics can swiftly distinguish between legitimate users and bad actors who may be acting as money mules, he says. 2024 left some important lessons for fintech.

FinTech 72

FinTech Embedded Payments Compliance Money Laundering 72

The Fintech Times

MAY 28, 2025

Payments is probably more impacted by regulation than most other areas, he said, pointing to changes around instant payments, timestamping and verification of payee in Europe, as well as the SWIFT MT/MX transition. Often, regulation forces banks to modernise, he said. And when they do, they take the opportunity to improve other systems too.

Compliance 45

Compliance Payment APIs and Integration Payments AI 45

Finextra

JUNE 18, 2025

Home News Security Bank of England accused of 'blundering' to security disaster as hundreds of laptops go missing Editorial This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

Security 69

Security Online and Mobile Banking Privacy Research 69

Finextra

JUNE 18, 2025

Insightful Dashboards for Actionable Feedback , real-time dashboards can visualize the intersection of corporate behavior with economic shifts. Decision-makers can respond swiftly, iterate product design, and generate business value through precise segmentation and tailored services.

Transactions 52

Transactions Payment APIs and Integration Risk Cross-Border 52

The Paypers

JUNE 11, 2025

Progressive senators have criticised the proposal for lacking sufficient protections against financial crime and systemic risk. It’s worth noting that the vote will require support from at least 60 senators to advance. However, not all lawmakers agree on the bill’s merits.

Stablecoins 36

Stablecoins Financial Crimes Credit Cards Push-to-Card 36

Finextra

JUNE 5, 2025

For instance, during a critical system outage, the swift analysis of real-time endpoint data can lead to immediate problem identification and resolution, significantly reducing downtime and the overall impact on operations.

Compliance 52

Compliance Product Finance Payment APIs and Integration 52

Finextra

JUNE 18, 2025

As soon as UBS became aware of the incident, it took swift and decisive action to avoid any impact on its operations." A cyber-attack at an external supplier has led to information about UBS and several other companies being stolen," UBS says. "As This would also include the direct telephone number of bank director Sergio Ermotti.

Privacy 72

Privacy API Research SWIFT 72

Fintech News

OCTOBER 16, 2024

Swift, the global financial messaging network, is launching a new AI-powered service to help banks fight financial crime. This new capability builds on Swift ‘s existing Payment Controls Service and was developed in collaboration with banks around the world.

Fraud Detection 111

Fraud Detection SWIFT AI Financial Crimes 111

Fintech Finance

OCTOBER 16, 2024

Swift today announced that it is rolling out new AI-enhanced fraud detection to help the global payments industry step up its defence as bad actors grow increasingly sophisticated. Available from January 2025, the service is the result of extensive collaboration with banks from around the world and a successful pilot earlier this year.

Cross-Border Payments 98

Cross-Border Payments Cross-Border SWIFT AI 98

Fintech News

FEBRUARY 6, 2024

The battle against financial crime is an ever-evolving challenge requiring expert knowledge, cutting-edge technology, and continuous learning. As white-collar criminals tirelessly innovate their methods to commit financial crimes, the question arises: How can one step ahead in this high-stakes game?

White Collar Crime 110

White Collar Crime Crime Suspicious Activity Report (SAR) Financial Crimes 110

Finextra

OCTOBER 16, 2024

Banking co-operative Swift is rolling out an AI-powered anomaly detection service to help banks proactively detect and defend against potential financial crime.

SWIFT 83

SWIFT AI Financial Crimes Crime 83

The Fintech Times

JUNE 1, 2024

Financial crime continues to grow, seemingly exponentially, with fraud damages expected to hit $10.5trillion annually by 2025 , a drastic rise from $3trillion in 2015. To reduce the scale of the crime that is happening we need a unified approach, and this future service will be a major step forward.”

SWIFT 124

SWIFT AI Fraud Detection Fraud Prevention 124

The Payments Association

JANUARY 29, 2025

2024 brought significant regulatory action, highlighting persistent weaknesses in financial crime controls across the industry. As we enter 2025, we look back at five significant cases from 2024 and the lessons they provide for organisations aiming to strengthen their financial crime frameworks. billion settlement with the U.S.

Financial Crimes 88

Financial Crimes Crime Due Diligence Money Laundering 88

PYMNTS

SEPTEMBER 9, 2019

David Watson, the former managing director and head of cash management for Deutsche Bank in the Americas, as well as the head of global digital cash products, has joined SWIFT as the new strategic relationship director in North America, according to a release. He has also been a member of TCH’s Company Board since 2017.

SWIFT 71

SWIFT Cross-Border Payments Cross-Border API 71

Payments Source

MARCH 27, 2016

The capacity for EMV cards to swiftly and drastically reduce payment card fraud in the U.S. is by no means assured.

EMV 91

EMV Crime Risk SWIFT 91

Payments Source

NOVEMBER 4, 2016

A group of banks is turning to Swift's anti money laundering tools, with a particular eye on "de-risking.".

SWIFT 60

SWIFT Financial Crimes Money Laundering Crime 60

PYMNTS

APRIL 24, 2019

The Society for Worldwide Interbank Financial Telecommunication (SWIFT), a payment messaging firm, has chosen Javier Pérez-Tasso as its new chief executive officer, according to a press release. Pérez-Tasso has been part of SWIFT’s executive team for seven years, and he is currently the company’s chief executive of the Americas and U.K.

SWIFT 67

SWIFT Cross-Border Payment Message Instant Payments 67

PYMNTS

AUGUST 23, 2019

Working together to solve these challenges was the main takeaway from a PYMNTS discussion between Karen Webster and Heather Lee, financial crime compliance and sanctions strategy at SWIFT , the global financial messaging co-operative. Financial crime is bigger than any one organization,” she said. “To Rapid Growth.

Real Time Payments 77

Real Time Payments SWIFT Compliance ISO 20022 77

Neopay

NOVEMBER 13, 2024

The Financial Conduct Authority (FCA) recently levied a substantial £16,675,200 fine against Metro Bank PLC (Metro) for significant shortcomings in its financial crime prevention systems and controls. This deficiency persisted until December 2020, leaving over four and a half years with potential gaps in financial crime oversight.

Financial Crimes 52

Financial Crimes Crime Due Diligence Compliance 52

The Fintech Times

JUNE 11, 2024

Something has to be done though, as 40 per cent of crimes committed in England and Wales are fraudulent. The next government must show it will make tackling this terrible crime a national priority and appoint a fraud minister to bring sectors together and drive forward real change at pace. Rocio Concha , Which? What’s next?

Crime 69

Crime Law Enforcement Laws Governance 69

PYMNTS

OCTOBER 22, 2018

SWIFT announced Monday (October 22) the launch of Payment Controls, a new in-network solution to combat fraudulent payments and to help strengthen customers’ existing security. SWIFT said in the press release that Payment Controls is an important way to protect firms as the frequency and speed of payments increases.

SWIFT 49

SWIFT Payments Real Time Payments Mitigation 49

The Fintech Times

OCTOBER 17, 2024

Swift , the secure financial messaging service provider, is rolling out new AI-enhanced fraud detection to help the global payments industry improve its defence as bad actors become increasingly sophisticated.

Fraud Detection 52

Fraud Detection SWIFT AI Financial Crimes 52