Fintech News

MARCH 24, 2025

Crypto fraud rate, %, Source: State of the Crypto Industry 2025, Sumsub, Feb 2025 According to the report, these results can largely be attributed to advancements in fraud prevention technologies, with innovations like biometrics checks and artificial intelligence (AI)-backed automation significantly enhancing security and fraud detection.

APACS

Fintech Finance

MARCH 5, 2025

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.

Fraud Detection

The Payments Association

DECEMBER 9, 2024

The dual impact of generative AI on payment security, highlighting its potential to enhance fraud detection while posing significant data privacy risks. It underscores the need for payment firms to balance AI innovation with robust privacy and regulatory compliance to protect sensitive consumer data. What is this article about?

Privacy

The Payments Association

FEBRUARY 17, 2025

The future of payments is digital, inclusive, and transformativedriving financial access, innovation, and global economic empowerment. Technology innovations and core banking networks eliminate friction in global transactions, making financial services available to those previously excluded due to high fees or long processing times.

Innovation

The Payments Association

JUNE 9, 2025

It enhances resilience, broadens access, improves interoperability, and enables innovation, thereby modernising the UK’s financial infrastructure. The latest updates deliver capabilities far beyond those of the legacy system, creating new opportunities to revolutionise services, reduce risk, expand market reach, and drive innovation.

ISO 20022

Clearly Payments

JULY 21, 2025

In 2025, the payments landscape is evolving faster than ever, driven by innovations that directly impact merchants’ bottom lines. At the heart of this transformation are AI-powered systems and real-time data insights, which together enable smarter payment processing, better fraud protection , and improved customer experiences.

Merchant Payment Processing

The Payments Association

JANUARY 21, 2025

With in-depth data covering global market penetration, transaction values, and consumer preferences, the insights presented here will empower decision-makers to refine their strategies, enhance operational efficiency, and capitalise on the growing demand for innovative payment solutions.

Payments Trends

Fintech Finance

DECEMBER 17, 2024

Visa , a global leader in digital payments, convened the Digital Future Forum 2024 in Hanoi, showcasing the latest payment trends and innovations shaping Vietnam’s digital landscape. Visa is committed to innovative solutions that support this evolving landscape, helping businesses and consumers thrive in the digital economy.

Payments Trends

Fintech Finance

DECEMBER 11, 2024

The partnership: Google Cloud and Swift Google Cloud is collaborating with Swift along with technology partners including Rhino Health and Capgemini to develop a secure, privacy-preserving solution for financial institutions to combat fraud. This is a global epidemic that demands a collaborative effort to achieve meaningful change.

SWIFT

Trade Credit & Liquidity Management

JULY 24, 2025

trillion in daily transactions and is seen as a catalyst for continued innovation in the U.S. Banks and businesses are expected to benefit through improved compliance with regulations, automated processes, and enhanced straight-through payment processing. The migration supports over $4.7 payments landscape. ” ISO 20022 Impact on U.S.

FedWire

The Payments Association

DECEMBER 10, 2024

As payment systems become more digitised and interconnected, the attack surface expands, and the stakes for payments firms to invest in robust, AI-driven fraud detection and prevention systems have never been higher. fingerprints, facial recognition), and behavioural biometrics (e.g., keystroke dynamics or mouse movements).

AI

Fintech Finance

APRIL 1, 2025

The paper entitled How to Solve Banks’ Legacy System Challenges While Controlling Risk suggests that this unnecessary expense is hindering innovation and digital transformation and presents a groundbreaking AI-enabled solution that allows banks to modernize without excessive risk.

ISO 20022

Finovate

APRIL 8, 2025

The investment will fuel product innovation for the Munich, Germany-based fintech, as well as power the company’s expansion plans. Hawk , a company offering AI-powered anti-money laundering (AML), screening, and fraud prevention solutions, has secured $56 million in Series C funding. The company was founded in 2018.

Financial Crimes

The Payments Association

MAY 16, 2025

Unfortunately, older fraud detection methods often cant keep up with todays fast-moving threats. A new approach to fighting fraud Regarding fraud prevention, simple rule-based systems arent enough anymore. And the risks are real. Whats needed is a more dynamic, joined-up approach. It wont just react itll anticipate.

AI

The Payments Association

JANUARY 3, 2025

A roundtable discussion among merchants addressing the evolving challenges of fraud in their operations across various sectors. It highlights the necessity of advanced fraud detection and greater industry collaboration. Improving regulations, using technology for detection, and fostering industry-wide cooperation.

Fraud Detection

The Payments Association

OCTOBER 28, 2024

While banks and payment providers are making strides in fraud detection and prevention, the report stresses the need for more robust collaboration with technology and telecom sectors. Internet banking fraud , once a dominant form of remote fraud, saw a dramatic 37% drop in cases and an 11% reduction in losses.

Scams

Finextra

JULY 7, 2025

This broad applicability in banking (from automating fraud reviews to generating customer communications) underscores how financial firms are integrating GenAI into their core workflows more aggressively than most. Indeed, 64% of finance leaders report using AI for fraud detection and risk management in their institutions.

AI

The Fintech Times

JULY 7, 2025

Seventy-five per cent of UK financial services firms are already using AI, up from 58 per cent just two years ago, yet uncertainty about compliance is slowing progress, according to a new policy paper from industry body Innovate Finance. Common use cases include fraud detection, anti-money laundering, cybersecurity and back-office automation.

Rules

The Fintech Times

OCTOBER 30, 2024

Global paytech solution provider Worldpay has forged a new partnership with Capital One , the American bank holding company, in a move to optimise payment fraud decisioning and enhance payment security and efficiency with a data sharing agreement. ” Tackling a $48billion problem “At Worldpay, we’re passionate about improving payments.

Payment Security

Fintech Review

APRIL 20, 2025

In the financial sector, it includes fraud detection, threat intelligence, data encryption, biometric verification, and risk monitoring. It also enables faster, safer innovation. This levels the playing field and supports innovation. What Is Cybertech? In short, cybertech makes digital finance possible.

Finance

The Payments Association

JULY 29, 2025

A Q&A with Rotzer shares some insights on the company’s approach, combining technological innovation with a focus on regulatory compliance and operational efficiency. One of its recent innovations is a scalable Instant Payments solution launched in mid-2024. What are your company’s priorities around ISO 20022 compliance?

ISO 20022

Finextra

JUNE 11, 2025

This proved to be a pivotal move in fostering indigenous innovation. UPI Enhancements: Constant innovation with UPI Lite (offline small payments), UPI 123Pay (feature phone users), Credit Line on UPI, Tap & Pay, and international linkages (e.g., for card details), and promotes robust fraud detection and resolution mechanisms.

Financial Inclusion

Finextra

JULY 30, 2025

This modernised architecture should seamlessly integrate with RTGS, instant payments, and correspondent banking rails while being flexible enough to support innovative payments methods in the future. This enables better fraud detection, customer segmentation, operational efficiency, and product innovation.

ISO 20022

The Fintech Times

FEBRUARY 27, 2025

Fintech innovations are not just streamlining back-office operations theyre reshaping the future of finance. With the growth of alternative assets in institutional portfolios and the retailisation of the asset class, a myriad of innovative fintech solutions has emerged to resolve this challenge.

AI

Finovate

APRIL 9, 2025

Identity-as-a-Service (IDaaS) innovator Entrust has entered into a new collaboration with leading Philippines-based financial institution Security Bank. “Our solution helps Security Bank deliver the experience their customers expect, while maintaining the highest standards of security and fraud prevention.”

Security

The Fintech Times

JUNE 26, 2025

The Mastercard A2A instant payments Sandbox opens our innovative technology to our partners to develop and test new potential services. The rich data allows for new ways to significantly enhance fraud detection and reduction, as well as future advancements.

Instant Payments

The Payments Association

JANUARY 13, 2025

Stronger fraud detection and better industry collaboration are needed to protect consumers The Payment Systems Regulator’s (PSR) findings in its December’s Unmasking how fraudsters target UK consumers in the digital age report reveal a stark picture of the growing threat posed by authorised push payment (APP) scams.

Scams

Clearly Payments

JANUARY 21, 2025

Stronger Security: Advanced encryption, tokenization , and fraud detection protect sensitive data and bolster public trust. Real-time tracking and fraud detection improved trust in the system, while administrative overhead was significantly reduced.

Government Payments

Fintech News

APRIL 24, 2025

From digital payments to decentralised finance (DeFi), these companies are solving real-world challenges like financial inclusion and cross-border transactions, while setting new global standards for innovation. provides enterprise-grade KYC and fraud management tools, and Ginee offers a comprehensive SaaS platform for merchant services.

FinTech

The Payments Association

DECEMBER 18, 2024

The PSRs Dan Moore highlights the importance of sustainable commercial models and fair competition to drive innovation and investment in the UK payments sector. As the UK payments industry begins implementing the National Payments Vision (NPV), the role of regulators in fostering innovation is increasingly pivotal.

Innovation

Clearly Payments

AUGUST 8, 2025

Revenue loss: Up to 3% of total revenue lost to fraud in some e-commerce sectors Customer impact: Delays from manual reviews and false declines can damage brand trust How Canada Compares Globally Credit card fraud is a global problem, but Canada’s fraud rates and patterns differ from those of other countries.

Credit Cards

The Fintech Times

MARCH 19, 2025

The Financial Conduct Authority (FCA) is reviewing whether the 100 contactless limit should be removed or increased, aiming to give consumers and businesses more flexibility while keeping fraud protections in place. The consultation is part of wider efforts to encourage innovation in payments and support economic growth.

Contactless Payments

The Payments Association

JANUARY 8, 2025

The payments industry is evolving faster than ever, with trends like real-time payments, subscription innovations, and AI-powered tools redefining how businesses and consumers interact. AI is already essential for fraud detection, offering real-time monitoring to prevent issues.

Non-Bank

Stax

APRIL 24, 2025

Fraud Detection: A Key Focus When it comes to AI in the payments world, fraud detection is still the heavyweight champion, according to Sundt. “There’s merchant onboarding and there’s transactional settlement fraud that we focus on.”

Fraud Detection

Fintech Finance

NOVEMBER 7, 2024

“Integration of AI into the processing of cross-border transactions is of critical importance to further strengthening global trade and commerce, especially for SMEs who up to now can’t afford real-time global settlement services.

Cross-Border

The Fintech Times

MAY 10, 2025

AI is already transforming how we operate at Emirates NBDfrom document intelligence in trade finance to proactive fraud detection and intelligent customer interactions. That is why we established an AI governance framework to ensure that innovation happens responsibly and in line with our values.”

AI

Finextra

JULY 28, 2025

Principal Consultant Oracle Location Edison Followers 2 Opinions 8 Follow Unfollow The global banking sector has made substantial investments in Artificial Intelligence (AI), driven by the promise of enhanced operational efficiencies, sophisticated fraud detection capabilities, and hyper-personalized customer experiences.

AI