Fintech Finance

NOVEMBER 20, 2024

Authorized push payment (APP) scam losses are on the rise, expected to climb to $7.6 billion by 2028 across six leading real-time payment markets (U.S., Artificial intelligence (AI)-driven fraud management systems can help analyze transaction data, flag anomalies, and facilitate real-time collaboration with other banks.

Scams 97

Scams Real Time Payments Fraud Prevention Fraud Detection 97

Payments Source

NOVEMBER 10, 2019

Faster and real-time payments are finding more and more use cases, but the razor-thin transaction windows are alluring to fraudsters who want to make a swift getaway with stolen funds.

Real Time Payments 71

Real Time Payments SWIFT Use Case Payments 71

The Payments Association

APRIL 28, 2025

The industry's biggest opportunities The PAY360 2025 survey highlights AI as the clear leading opportunity within the payments sector, identified by 19% of respondents. Cross-border payments remain the second most significant opportunity, cited by 11% of industry professionals.

Cross-Border Payments 88

Cross-Border Payments Cross-Border Digital Currency Financial Crimes 88

PYMNTS

NOVEMBER 26, 2019

Real-time payments, real-time risk. As consumers embrace real-time transactions, financial institutions (FIs) must recalibrate their fraud-fighting strategies. Fraud is not static, said Srinivasan. In fact, Srinivasan added, the parameters of risk itself are changing.

Real Time Payments 61

Real Time Payments Authentication Fraud Prevention Credential 61

EBizCharge

JANUARY 14, 2025

Fraud detection and prevention are critical features of a payment gateway. Effective fraud prevention boosts customer trust and loyalty. Integrations ensure all payment details are accurately reflected in your systems. Thus, AI-powered fraud detection is on the rise.

Payment Gateways 52

Payment Gateways Gateways Payment APIs and Integration Online and Mobile Banking 52

The Payments Association

DECEMBER 18, 2024

.” Merusha Naidu, global head of partnerships , says, “Global cashless payment volumes are projected to increase by more than 80% between 2020 and 2025, from about 1 trillion transactions to almost 1.9 Real-time payments (RTP) could reach $193.1 billion within the multi-rail payments ecosystem by 2030.

Cross-Border 88

Cross-Border AI Push-to-Card Real Time Payments 88

Payments Source

OCTOBER 10, 2018

For bankers and network providers, it’s a given that moving to a real-time payment system like Zelle will lead to an increase in fraud attempts. Here's a look at the ways they're fighting back.

Real Time Payments 60

Real Time Payments Zelle Payments Fraud Detection 60

The Payments Association

DECEMBER 11, 2024

Digital payments demand advanced fraud prevention, blending AI and human intelligence to counter evolving threats while ensuring seamless user experiences. Emerging trends and challenges Matt DeLauro, CRO, SEON The proliferation of diverse payment methods introduces unprecedented complexity to fraud prevention.

Fraud Prevention 88

Fraud Prevention Risk Assessment Account Takeovers Payments 88

The Payments Association

JUNE 16, 2025

Prevention and policing, not just reimbursement, are essential for genuine progress." Rebecca Marriott Chief risk officer, Tide "APP fraud prevention requires shifting from remediation to prevention - detecting and stopping fraud early rather than remediating incidents after the fact.

Scams 88

Scams Assessments Consumer Protection Fraud Prevention 88

Fraud.net

DECEMBER 9, 2024

Discover why traditional fraud prevention strategies are inadequate, and how AI fraud prevention is a proactive approach to modern threats."

Fraud Prevention 52

Fraud Prevention AI Real Time Payments Money Laundering 52

Fraud.net

DECEMBER 22, 2024

Explore future trends in fraud prevention and how AI helps businesses stay ahead of emerging threats and evolving tactics.

Fraud Prevention 52

Fraud Prevention AI Real Time Payments Money Laundering 52

FICO

DECEMBER 12, 2022

Network International & FICO Bring MEA Enterprise Fraud Detection. With FICO Falcon Fraud Manager, Network International uses AI and machine learning technology to score transactions across a rapidly expanding array of payment options. The Need for Enterprise-Level Fraud Detection. FICO Admin.

Fraud Detection 52

Fraud Detection AI Fraud Prevention Non-Bank 52

Fraud.net

DECEMBER 17, 2024

Learn how AI in fraud prevention provides real-time detection, reduces false positives, and boosts operational efficiency.

Fraud Prevention 52

Fraud Prevention AI Real Time Payments Money Laundering 52

Fintech Finance

FEBRUARY 24, 2025

In the GCC in particular, the pace of e-commerce growth is surpassing that of the US and major European economies , fueled by a rapidly evolving digital payments ecosystem. It will also aim to leverage cutting-edge AI and machine learning to drive fraud prevention and maximize approval rates.

Fraud Detection 59

Fraud Detection Cross-Border Economy Best Practices 59

PYMNTS

MAY 23, 2018

Criminals are taking advantage of the global spread of real-time digital transactions to con chief financial officers, invoice managers and the like, hoping to steal massive sums before anyone knows they’ve been ripped off. There is a real social effect on this type of fraud on smaller companies.”.

Real Time Payments 47

Real Time Payments Fraud Prevention Payments Faster Payments 47

The Fintech Times

APRIL 27, 2025

Instant payments are becoming significantly more attractive for US banks finds RedCompass Labs , the payments experts, as it finds that 84 per cent of US banks say the new $10million Real-Time Payment (RTP) network limit and $500,000 FedNow cap are a good thing.

RTP 45

RTP FedNow Instant Payments Payee 45

FICO

FEBRUARY 23, 2022

When you combine communication channels that are known to be susceptible to fraud with a lack of concern about being tricked into sending real-time payments, you have a potent recipe for trouble. model now delivers advanced detection of both scams and third-party fraud. Detection Score. Model , . “By

Scams 98

Scams Fraud Detection Smishing Fraud Prevention 98

Payments Source

OCTOBER 20, 2019

The goal is to get a better understanding of past incidents, thereby arming the Fed to improve its response as more companies implement faster payments.

Fed 63

Fed Real Time Payments Faster Payments Payments 63

M2P Fintech

APRIL 17, 2025

Initially, APIs were point-to-point connectors to enable simple integrations; with rapid innovations, they have now matured into a foundational layer supporting a wide range of use casesfrom customer onboarding and loan origination to card issuance and fraud detection. These APIs are then made available to businesses for a fee.

API 52

API Payment APIs and Integration Non-Bank Fraud Detection 52

The Payments Association

SEPTEMBER 30, 2024

The challenges and priorities facing merchants in the evolving payments landscape over the next 12 months. It highlights key trends, such as open banking, tokenisation, and fraud prevention, which are crucial for merchants to remain competitive and secure. Moreover, Chandler discussed the role of AI in combatting payment fraud.

Fraud Prevention 88

Fraud Prevention Instant Payments Alternative Payment Methods Participant 88

Neopay

NOVEMBER 26, 2024

With just 33% of respondents confident in meeting the January 2025 deadline for receiving instant payment transactions, the findings expose critical gaps in compliance, infrastructure, and operational capabilities. By October 2025, institutions must also handle outgoing instant payments. Compliance hurdles are significant.

Instant Payments 52

Instant Payments ISO 20022 Regulations ISOs 52

FICO

FEBRUARY 16, 2022

FICO published our 2021 Digital Consumer Banking and Fraud Survey today that emphasizes consumer perspectives on customer experience and fraud prevention management. . consumers (72%) are confident in banks and consider their banks trustworthy, transaction security fair, and treatment of fraud victims acceptable.

Consumer 52

Consumer Scams Fraud Detection Fraud Prevention 52

FICO

FEBRUARY 16, 2022

FICO published our 2021 Digital Consumer Banking and Fraud Survey today that emphasizes consumer perspectives on customer experience and fraud prevention management. . consumers (72%) are confident in banks and consider their banks trustworthy, transaction security fair, and treatment of fraud victims acceptable.

Verification 52

Verification Consumer Scams Fraud Detection 52

EBizCharge

MAY 27, 2025

By analyzing these payment trends, businesses can tailor marketing campaigns to suit local preferences, optimize marketing strategies, and align sales team efforts to ensure they resonate well with regional customer bases. Understanding local trends can also improve supply chain decisions.

PCI DSS 52

PCI DSS Payments Payments Trends Transactions 52

FICO

NOVEMBER 10, 2020

As someone who has worked in fraud detection and mitigation for more than 30 years, I wanted to share some important facts on how banks and card issuers protect their customers from fraudulent transactions: with multiple defenses that are often invisible, and more importantly, often intentionally frictionless. Emphases added.).

Credit Cards 98

Credit Cards Consumer Card Issuer Issuers 98

Fintech Review

MAY 4, 2025

Alloy A flexible KYC and fraud prevention platform that helps fintechs and banks automate onboarding and monitor customer behaviour in real time. Veriff Specialises in advanced video-based identity verification with high fraud detection rates and rapid onboarding speeds.

Payment APIs and Integration 76

Payment APIs and Integration FinTech Multi-Currency Embedded Finance 76

FICO

MAY 3, 2023

Implement better fraud detection Survey responses: More than three-quarters (77%) of consumers worldwide believe their banks could provide better fraud detection to protect against scams. Action: Real-time communications can also apply during the payment process.

Scams 10

Scams RTP Fraud Detection Real Time Payments 10

PYMNTS

FEBRUARY 12, 2019

ACH Alert, which provides financial institutions with electronic payments fraud detection technologies, is enhancing its automation capabilities with the integration of Payment Data Xchange (PDX) into its Fraud Prevention HQ platform. In an announcement Monday (Feb.

ACH 46

ACH NOCs Transactions Enrollments 46

FICO

JUNE 15, 2023

Home Blog Feed test To Stop Scams, It’s Time to Add Sensible Friction to Easy Money The convenience and speed of real-time payments makes it easy for fraudsters to scam individuals. It’s time to consider sensible friction in the process. Are Big Money Transfers Too Easy?

Scams 52

Scams Real Time Payments Smishing Same Day ACH 52

FICO

MAY 18, 2023

The fraud prevention solution is based on FICO® Falcon® Fraud Manager and FICO® Customer Communication Services (CCS). Dock began implementing Falcon Fraud Manager in 2019 and added CCS in 2020. FICO® Falcon® Fraud Manager which protects more than 2.6

Technology 52

Technology Fraud Prevention Fraud Detection Transactions 52

The Payments Association

OCTOBER 4, 2024

To remain competitive, traditional payment providers must invest in strategic partnerships, acquisitions, and digital transformation efforts. Security concerns and fraud prevention One of the most significant challenges is the persistent threat of fraud.

Online and Mobile Banking 88

Online and Mobile Banking Cross-Border Payments Cross-Border Alternative Payment Methods 88

Seon

APRIL 18, 2024

Scale Your Defenses Meet fraud’s increasing volume and velocity Speak with an Expert Adding Fuel to the Fire: Real-Time Payments In the last two years, 77% of APP fraud cases originated from online sources, impacting roughly 85% of worldwide organizations.

Authorization 52

Authorization Technology Fraud Prevention Real Time Payments 52

PYMNTS

JUNE 4, 2020

“What we see more and more is that our industry, our corporate [partners] and third parties are using these capabilities in use cases where they need real-time updates,” Kam said. We’re seeing a shift toward not only real-time payments, but also real-time treasury management, real-time forecasting and real-time fraud detection.”.

API 60

API Authentication Payment APIs and Integration Security 60

PYMNTS

AUGUST 3, 2017

Some of the strategies outlined in the Task Force report include allowing a market-first approach to governing the faster payments system, greater education efforts for the industry and more research to develop fraud detection systems.

Community Banks 46

Community Banks Faster Payments NACHA Cross-Border Payments 46

FICO

FEBRUARY 23, 2022

When you combine communication channels that are known to be susceptible to fraud with a lack of concern about being tricked into sending real-time payments, you have a potent recipe for trouble. model now delivers advanced detection of both scams and third-party fraud. Detection Score. Model , . “By

Scams 52

Scams Consumer Fraud Detection Smishing 52

FICO

APRIL 26, 2023

The challenge for banks is balancing the ease and convenience of RTP with fraud prevention for authorized push payment fraud (APP fraud) – without impacting customer experience. Better detection Overwhelmingly, customers want banks to improve their fraud detection capabilities to stop scams before they happen.

Scams 52

Scams RTP Push-to-Card Fraud Detection 52

FICO

NOVEMBER 30, 2022

Using techniques like social engineering or impersonating a trusted source, these criminals are scamming unsuspecting folks out of billions of dollars globally, using real-time payments channels to quickly make off with their ill-gotten gains. FIs need a different perspective to identify when APP fraud is happening.

Scams 52

Scams Push-to-Card Fraud Prevention CashApp 52