Finovate

MARCH 19, 2025

The collaboration will help banks, fintechs, and financial institutions enhance fraud prevention without compromising the user experience. The integration of Sumsub’s compliance solutions will help financial institutions deal with the growing threat of fraud and financial crime. The company was founded in 2019.

Fraud Prevention 96

Fraud Prevention Fraud Detection Payment APIs and Integration Verification 96

The Payments Association

JULY 15, 2025

Questions address both immediate challenges (fraud prevention, regulatory compliance, technology readiness) and forward-looking opportunities (AI implementation, collaborative defence strategies, regulatory evolution). Modern fraud prevention extends beyond loss mitigation itself.

Financial Crimes 88

Financial Crimes Crime Fraud Prevention Deepfake 88

The Payments Association

DECEMBER 10, 2024

With payment systems becoming more digital and interconnected, the risk of AI-driven fraud grows, urging payments firms to adopt cutting-edge solutions to protect themselves and their customers from these emerging threats. The increasing sophistication of AI-driven fraud presents significant financial, reputational, and operational risks.

AI 88

AI Fraud Detection Fraud Prevention Deepfake 88

Finovate

DECEMBER 11, 2024

LexisNexis Risk Solutions has signed an agreement to acquire document authentication and fraud detection solutions provider IDVerse. The acquisition will enhance LexisNexis Risk Solutions’ ability to combat emerging threats such as AI-generated fraud and deepfakes. Terms were not disclosed.

Risk 52

Risk Acquirers Deepfake Fraud Detection 52

The Payments Association

MARCH 10, 2025

Visa and Mastercard track MCCs for chargeback monitoring and fraud prevention. Example: A luxury watch retailer (MCC 5094Precious Stones & Jewelry) faces higher fraud risks than a grocery store (MCC 5411Supermarkets). Strict regulatory compliance (forex, financial services).

Fraud Prevention 88

Fraud Prevention Processors Disputes Compliance 88

Seon

SEPTEMBER 20, 2024

SEON recently brought together industry leaders from the online lending space to discuss the evolving landscape of fraud prevention and risk management. The Changing Face of Fraud In what many describe as an “unpredictable era,” lenders are collectively challenged to stay ahead of increasingly sophisticated fraudsters.

Risk 52

Risk Fraud Prevention Risk Management Deepfake 52

The Payments Association

APRIL 7, 2025

The findings of the Financial Crime 360 survey, focusing on the challenges, prevalent fraud types, and strategic responses across various sectors. Continued investment in innovative fraud detection technologies and adaptive regulatory frameworks is essential to stay ahead of evolving financial crime threats. Why is it important?

Financial Crimes 88

Financial Crimes Crime Fraud Prevention AML 88