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Navigating the rise of AI-enabled fraud

The Payments Association

It highlights the urgent need for payments firms to address AI-driven fraud to protect financial security, maintain customer trust, and comply with regulations. Firms must adopt cutting-edge AI tools, strengthen partnerships, and invest in employee training to stay ahead of evolving fraud tactics. Why is it important?

AI
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Financial Crime 360 state of the industry report 2025

The Payments Association

Mark Goldspink Ambassador, TPA “Fraud is constantly evolving, and payments leaders have to focus on adaptable, scalable and intelligence-led strategies. The goal isn’t just to detect fraud—it’s to do so without unnecessary friction points that risk damaging the customer experience.

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APP fraud: Mid-year review

The Payments Association

The early impact of the UK’s mandatory reimbursement policy for authorised push payment (APP) scam victims, implemented in October 2024. Authorised push payment (APP) scams remain one of the most devastating forms of financial fraud affecting UK consumers. Without real consequences for criminals, fraud thrives.

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Fintech Meetup 2025 Review: Speed Networking and In-Depth Content in Vegas

The Fintech Times

Within wider AI-driven topics fraud detection was an interesting one, in the session Dealing with AI, Fighting on both sides of Financial Fraud, experts discussed the dual role of AI, both as a weapon for fraudsters and a defence mechanism for financial institutions. That said, not everyone was aware of how it worked.

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Vixio Releases APP Fraud Outlook Report

Fintech Finance

Vixio , a leading provider of regulatory intelligence solutions, is proud to release its global Authorised Push Payment (APP Fraud) research. Both financial institutions and regulators have put fraud prevention and detection in the forefront for 2025. Liability can be unclear, given that victims approve transactions.

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Payments 2024: Predictions With Brightwell, 40Seas, Wink, ConnectPay, Swipesum, Paystrax

The Fintech Times

Despite the continued proliferation of the above payment innovations, comprehensive solutions offering a stellar user experience, robust fraud protection, and default safeguards akin to traditional credit cards remains elusive. “Consumers and businesses are increasingly demanding quicker payments,” she says.

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Trustly and Socure Partner to Offer Open Banking Pay-by-Bank Solution with Enhanced Onboarding

Finovate

Online payments expert Trustly and digital identity verification and fraud solutions provider Socure are combining their expertis, to launch a pay-by-bank solution with enhanced onboarding, leveraging the power of open banking. Together, the companies will offer streamlined onboarding through Trustly’s Pay By Bank services.