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Chainalysis Acquires AI Fraud Detection Firm Alterya

Fintech News

Blockchain analysis firm Chainalysis has acquired Alterya , an AI-based fraud detection platform focused on identifying scams before they impact victims. security platform, as part of its broader strategy to address illicit financial activities. This acquisition follows Chainalysis’s recent purchase of Hexagate, a Web 3.0

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Visa Finalises Featurespace Acquisition to Bolster AI Fraud Detection

Fintech News

Featurespaces advanced fraud detection and risk-scoring capabilities will be integrated into Visas existing portfolio of fraud prevention solutions. This integration will enable real-time detection of sophisticated fraud attacks while maintaining a seamless user experience.

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Avoided.io: Revolutionising chargeback management and fraud prevention

The Payments Association

As a proud scale-up member of The Payments Association, avoided.io is committed to helping businesses of all sizes reduce chargeback occurrences, streamline dispute resolution, and improve overall payment security. By integrating real-time data sharing, artificial intelligence, and advanced fraud detection tools, avoided.io

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HPS and Enigma Join Forces to Revolutionise Fraud Detection With AI

Fintech Finance

HPS , a leading global provider of payment software and solutions, and Enigma , a global leader in artificial intelligence enabled entity resolution and decision-making, today announced a strategic collaboration to deliver cutting-edge AI fraud detection models to businesses worldwide.

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Navigating the rise of AI-enabled fraud

The Payments Association

Fraudsters are leveraging these advanced tools to enhance the sophistication and scale of their attacks, making it harder for traditional security measures to keep pace. 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.

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Visa Set to Roll out New AI-Powered Fraud Prevention Solutions

Fintech News

Leveraging its extensive experience and a US$10 billion investment in technology and innovation over the past five years, Visa aims to enhance fraud prevention and network security. These new products are scheduled for release in the first half of 2024, with availability varying by market and product.

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Merchant survey 2025: Navigating the payment innovation divide

The Payments Association

A survey of 125 UK retail merchants exploring how payment innovation, customer behaviour, and emerging technologies are shaping retail competitiveness. It shows that forward-thinking merchants using diverse, strategic payment solutions gain clear advantages in cost control, fraud prevention, and customer experience.