Finextra

JUNE 25, 2025

Real-Time Fraud Detection: Defence at Machine Speed Traditional fraud systems rely on static rules and after-the-fact analysis. Adapting instantly to changes in global sanctions or reporting rules. From voice cloning to deepfake merchant scams, the threat landscape is evolving. We use cookies to help us to deliver our services.

Fraud Detection 59

Fraud Detection AI Payments PCI DSS 59

The Payments Association

MAY 7, 2025

1) AI-driven fraud and deepfakes Fraudsters are increasingly leveraging Artificial Intelligence (AI) to conduct highly convincing scams. These sophisticated attacks are designed to deceive even the most cautious businesses and consumers, from AI-generated phishing emails to deepfake videos and voice impersonations. How avoided.io

Risk 88

Risk Disputes Debit Card Cross-Border 88

Fintech Finance

MARCH 4, 2025

For instance: UK: PSRs APP fraud reimbursement rules EU: Verification of Payee (VoP) initiative Australia: Scams Prevention Framework Regulators around the world are taking different approaches to tackling the issue, and it remains to be seen which will be most effective, explains John Gidla, Head of Payments Compliance at Vixio.

Fraud Prevention 52

Fraud Prevention Deepfake Scams Fraud Detection 52

Finextra

JULY 1, 2025

26 June Now Hiring All companies Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre. Please read our Privacy Policy.

Embedded Finance 59

Embedded Finance Finance Payment APIs and Integration API 59

Finovate

JUNE 12, 2025

” ID-Pal Once works by building profiles from previously-verified identity data, re-validating the data against the organization’s risk rules so as not to require users to repeat the data submission process. This is about secure identity reuse that respects the time of organizations and customers and respects your data.”

Verification 52

Verification AML Returns Deepfake 52

The Fintech Times

DECEMBER 19, 2024

. “With increasingly sophisticated fraud tactics on the uptick, organisations must prepare for stricter AI and compliance rules. Proactive fraud prevention today not only mitigates risk, but also future-proofs operations against costly penalties.”

Automation 59

Automation AI Fraud Prevention Deepfake 59

Fi911

JUNE 9, 2025

Rules should flag emails with slight domain variations, urgent payment requests, or changes to banking details. Future-Proofing Against Evolving BEC Threats Deepfake technology brings new challenges. However, they require substantial training data and ongoing tuning to minimize false positives that could delay legitimate business.

Email Compromise 52

Email Compromise Business Email Compromise Compromise Law Enforcement 52

The Payments Association

OCTOBER 21, 2024

The rule changes provide stronger consumer protection but also raise concerns about industry costs and potential fraud exploitation. With a wealth of AI and deepfake technology at their fingertips, even the most novice of criminals can perpetrate sophisticated fraud. What is this article about? Why is it important? What’s next?

Scams 88

Scams Law Enforcement Crime Fraud Prevention 88

Fintech News

FEBRUARY 18, 2024

This includes the development of proprietary technologies such as workflow builders, liveness and deepfake detection, and mechanisms to adhere to the travel rule. “As regulators made the travel rule a compliance requirement, the world is fast evolving to adopt the travel rule.

Verification 120

Verification Travel Rule Multi-Currency Compliance 120

The Payments Association

JUNE 11, 2025

AI-driven scams leverage sophisticated attacks from phishing emails to deepfake videos and voice impersonations. Generative AI now automates rule refinement, suggests new rules for reducing false positives, and assists with scripting complex detection algorithms.

Risk 88

Risk Fraud Prevention Fraud Detection Payment APIs and Integration 88

The Payments Association

JUNE 16, 2025

In the past five years, the UK has seen a sharp increase in the sophistication of APP fraud, driven by innovations such as deepfake technology, real-time payment abuse, and social engineering. Meanwhile, fraud techniques have continued to evolve at pace. Criminals are adapting quickly, often outpacing defensive responses. Read More »

Scams 88

Scams Assessments Consumer Protection Fraud Prevention 88

The Fintech Times

OCTOBER 31, 2024

Regulatory bodies are also stepping up with recent rules on reimbursements for victims for APP fraud in the UK and the EU. Fighting deepfake-enabled fraud As synthetic media such as deepfakes increasingly impact digital identity, verifying customer identities has become crucial to prevent fraud and remain complaint.

Mitigation 59

Mitigation Risk Global Payments Deepfake 59

The Payments Association

DECEMBER 9, 2024

The potential for misuse of AI in creating deepfakes or facilitating fraud adds another layer of ethical complexity. Privacy concerns are at the forefront, as AI can manipulate sensitive user data or create synthetic data that closely resembles real consumer behaviours. Moreover, there are growing concerns about bias in AI algorithms.

Privacy 88

Privacy Payment Security AI Security 88

Finovate

MARCH 13, 2024

The partnership brings Sumsub’s Transaction Monitoring and Travel Rule solutions to the Chainalysis platform. With Travel Rule, Sumsub automates data transfers with counterparties to make sure firms remain compliant with regulatory obligations in different jurisdictions around the world.

Verification 59

Verification Blockchain Travel Rule Regulatory Compliance 59

The Fintech Times

SEPTEMBER 4, 2024

This month, The Fintech Times will look at some of the biggest issues regarding compliance and financial rules, as well as the solutions hoping to ease the compliance journey for firms and make the fintech world fairer and safer. Regulatory rules are constantly changing, with new ones being introduced at a rapid rate. .

Compliance 64

Compliance Rules Regulations Cybersecurity 64

The Payments Association

MARCH 10, 2025

Industries becoming higher risk due to stricter compliance and monitoring Cryptocurrency & Financial Services (6051, 6211, 6012): AML rules and KYC verification tightening. AI-generated content & online services (5815, 5816, 7372): Rising fraud from deepfake content and fake accounts.

Fraud Prevention 88

Fraud Prevention Processors Disputes Compliance 88

Finovate

FEBRUARY 8, 2024

Features Provides an innovative method to detect deepfakes in call centers, with or without DB Delivers a revolutionary way to prevent identity theft Offers a unique voice-face matching technology Who’s it for? Banks, credit unions, payment providers, and small-and-medium-sized businesses.

Payment APIs and Integration 59

Payment APIs and Integration Identity Theft Deepfake AI 59

Seon

MAY 23, 2024

What was heralded as high security due to a reliance on unique biological characteristics is now facing challenges from emerging fraud technologies such as spoofing and deepfakes. The rise of deepfake technology presents another significant threat to biometric authentication systems.

Fraud Prevention 52

Fraud Prevention Deepfake Fraud Detection Authentication 52

Seon

SEPTEMBER 20, 2024

For instance, fraudsters now leverage innovative technologies to create deepfakes, bypassing traditional identity verification methods like document ID checks and biometrics. The rise of artificial intelligence (AI), machine learning (ML) and automation have all added new layers of complexity to fraud prevention at an unprecedented scale.

Risk 52

Risk Fraud Prevention Risk Management Deepfake 52

PYMNTS

SEPTEMBER 12, 2019

Facebook’s Libra project has renewed focus on how cryptocurrencies are regulated, with current rules on the sector patchy and varying from country to country. Hackers can use falsified videos to challenge today’s liveness tests, so companies need to keep improving their detection methods to stop deepfakes and other new types of fraud.

Procedures 46

Procedures Cryptocurrency Regulations AML 46

The Fintech Times

AUGUST 13, 2024

Fraudsters are leveraging artificial intelligence (AI) tools like voice cloning and deepfakes to create highly convincing fake audio or video messages to deceive victims into transferring money or revealing sensitive information. This leaves many vulnerable to sophisticated AI-powered attacks like deepfakes and voice cloning.

AI 59

AI Fraud Detection Fraud Prevention Phishing 59

The Payments Association

APRIL 7, 2025

AI-driven fraud is on the rise, with identity deepfakes identified by 56.29% as a significant threat and automated personal data collection highlighted by 32.45% of respondents. Both rules-based and machine learning-powered transaction monitoring systems are in use, by 58.28% and 49.01% respectively.

Financial Crimes 88

Financial Crimes Crime Fraud Prevention AML 88

Finextra

JULY 1, 2025

26 June Now Hiring All companies Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre. Please read our Privacy Policy.

Embedded Finance 52

Embedded Finance Finance Payment APIs and Integration API 52

Segpay

APRIL 4, 2024

Unlike traditional AI models that follow pre-defined rules, generative AI can create text, images, and other data using generative models. It can also create bogus content like convincing images, audio, and hoaxes, known as Deepfake AI. It can perform tasks that typically require human intelligence from developed systems.

Legal 52

Legal AI Deepfake Assessments 52

Finovate

MARCH 29, 2024

The startup has innovated in voice deepfake detection and considers itself the only company that successfully correlates face and voice. ” Founded in 2005, AU10TIX is headquartered in Hod Hasharon, Israel. Co-founder Nevo Lapidot is CEO.

Verification 69

Verification Privacy AML AI 69

Segpay

JANUARY 30, 2025

This EU AI Act aims to address to protect democracy, rule of law and the environment. High-Risk Classification: A Core Concern Regulators and card schemes classify businesses based on perceived risk, assessing the likelihood of chargebacks, fraud, and other liabilities.

Merchant Payment Processing 52

Merchant Payment Processing Processors AI Process 52

Seon

JUNE 1, 2023

After all, digital transactions have their own vulnerabilities, so the current rise in AI fraud , particularly deepfakes, may lead to an increase in the need for in-person check transactions. This uses rules-based checks to help you determine what kind of transactions – if any – the person has made with you before.

Checks 52

Checks Security Fincen Payer 52

Fintech News

OCTOBER 28, 2024

Fighting deepfakes and fraudulent identities – Jumio’s holistic approach to building identity trust” with “Jumio Delivers Adaptive Verification as AI Fraud Projected to Hit US$40 Billion. Hong Kong police recently arrested 27 individuals linked to a deepfake scam that swindled victims out of $46 million.

Verification 121

Verification Deepfake AI Identity Theft 121

Fintech News

APRIL 8, 2025

Coupled that with AI generated deepfake videos, you’re in for a real treat. Because Singapore is known for being efficient and rule-following, were particularly vulnerable to scams. These scam artists are not here just to steal your money, they also want to steal your trust. And heres the painful irony.

Scams 88

Scams Authorization Legal Framework Deepfake 88

The Fintech Times

MARCH 14, 2025

With tools like deepfake identity generators, fake KYC documents, and automated phishing scams, cybercriminals are launching sophisticated attacks at scale. Thats the problem. Her words landed with weight. Generative AI has created a new breed of fraudsters who dont need years of experience to manipulate financial systems.

FinTech 59

FinTech Consumer Financial Protection Bureau (CFPB) Fraud Detection AI 59

Finovate

MARCH 24, 2025

How do you innovate while staying compliant in an environment where the rules are still being written? Criminals are getting more sophisticated, using everything from deepfake identities to crypto mixing services to evade detection. And lastly, the evolving nature of financial crime.

Compliance 65

Compliance Innovation Financial Crimes FinTech 65

Evolve Payment

FEBRUARY 17, 2025

Special Reserves: Some processors have their own unique reserve account types with custom rules, features, and arrangements that go beyond the pre-determined types above. This reserve provides immediate risk protection for the processor before releasing full access to funds. What are the benefits of a reserve account?

Accounts 52

Accounts Processors Risk Caps 52