Fintech News

JUNE 11, 2025

At the centre of this threat is Grey Nickel , a sophisticated cybercriminal group using deepfakes, synthetic identities, and AI-powered attack tools to breach banks, crypto exchanges, and digital payment platforms. In Southeast Asia, AI-powered deepfake crimes saw a 600% surge in online mentions in the first half of 2024 alone.

Crime 64

Crime Deepfake AI APACS 64

The Payments Association

DECEMBER 10, 2024

This is evidenced by the fact that payment card fraud alone is projected to increase by over $10 billion between 2022 and 2028, according to the data. Why is it important? It highlights the urgent need for payments firms to address AI-driven fraud to protect financial security, maintain customer trust, and comply with regulations.

AI 88

AI Fraud Detection Fraud Prevention Deepfake 88

Fintech Finance

MARCH 4, 2025

Vixio , a leading provider of regulatory intelligence solutions, is proud to release its global Authorised Push Payment (APP Fraud) research. The use of deepfakes and chatbots by fraudsters poses significant challenges, while real-time fraud detection systems are being enhanced to counter these threats.

Fraud Prevention 52

Fraud Prevention Deepfake Scams Fraud Detection 52

The Payments Association

JUNE 16, 2025

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. Why is it important? What’s next?

Scams 88

Scams Assessments Consumer Protection Fraud Prevention 88

The Fintech Times

DECEMBER 21, 2023

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.

Cross-Border Payments 115

Cross-Border Payments Cross-Border Online and Mobile Banking Payments 115

Finovate

FEBRUARY 29, 2024

On the fraud side, the augmented pay-by-bank solution enhances not only KYC compliance, but also fraud detection and ID verification capabilities, which are crucial in today’s era of advanced deepfakes and synthetic identities. Together, the companies will offer streamlined onboarding through Trustly’s Pay By Bank services.

Verification 65

Verification Deepfake Fraud Detection Push-to-Card 65

PYMNTS

JANUARY 13, 2020

The launch of EMV chip cards in the U.S. Despite their success, the use of EMV cards with no required PIN codes has left a door unlocked for crooks. The PYMNTS January 2020 Digital Identity Tracker examines the issues, as well as advances in mobile biometric security, “deepfake” detection and more. It’s not all good news.

EMV 54

EMV Data Breach Chip Cards Push-to-Card 54