The Payments Association

FEBRUARY 3, 2025

By integrating real-time data sharing, artificial intelligence, and advanced fraud detection tools, avoided.io Real-time fraud detection and prevention: Avoided.io leverages advanced fraud detection technology to identify suspicious transactions in real-time. Avoided.io

Fraud Prevention 100

Fraud Prevention Disputes Fraud Detection Card Network Rules 100

The Payments Association

JUNE 11, 2025

Consumer behaviour adds another layer of complexity to the fraud landscape. 45% of shoppers in the UK have admitted to return fraud or policy abuse, representing an estimated £22.8 billion in return-based fraud in 2022. The global fraud detection market was valued at £33.13 CAGR from 2025 to 2030.

Risk 88

Risk Fraud Prevention Fraud Detection Payment APIs and Integration 88

Stax

MARCH 18, 2025

Measures such as encryption, tokenization, and fraud detection are vital for protecting payment transactions from cyber threats, fraud, and data breaches. While theres a level of digital fraud risk, most digital payment processing systems have robust security measures, such as encryption, tokenization, and fraud detection.

Process 88

Process Payment APIs and Integration Processors Online and Mobile Banking 88

The Fintech Times

FEBRUARY 17, 2025

This split isn’t merely about numbers; it reflects deeper strategic dilemmas banks face as they address the pressures of securing a return on their AI investments. Could handing more control to AI mean less human oversight in critical decisions, or even open the door to new risks in fraud detection and compliance?

FinTech 59

FinTech Romance Scams Scams AI 59

Finextra

JULY 2, 2025

Secure systems, clear return policies, and trust symbols can help. AI can detect fraud, fill in customer details quickly, and recommend payment options based on past behavior. If it’s quick, easy, and safe, they are more likely to return. This makes them feel understood and increases trust.

Online and Mobile Banking 52

Online and Mobile Banking AI Authorization Fraud Detection 52

Finextra

JULY 10, 2025

When a payment fails — due to fraud checks, technical issues, or user error — it can result in lost revenue and a frustrated customer who may not return. Overly Aggressive Fraud Filters Fraud detection systems designed to protect merchants can sometimes be too strict, resulting in legitimate transactions being flagged and declined.

Transactions 52

Transactions Online and Mobile Banking Fraud Prevention Payment APIs and Integration 52

Finovate

FEBRUARY 5, 2025

Worldpay plans to acquire AI-driven fraud detection company Ravelin. The acquisition will help Worldpay enhance its e-commerce offerings by adding fraud prevention technology and improve business clients’ authorization rates. Financial terms of the deal were not disclosed.

Acquirers 52

Acquirers Fraud Prevention Fraud Detection AI 52

The Payments Association

JULY 24, 2025

Each exemption has its place and helps reduce friction, though merchants do take on the risk if there’s fraud. There’s also the option to send returning customers through a frictionless 3DS flow, which keeps things easy for them and still offers liability protection. No endless documentation.

Payment APIs and Integration 68

Payment APIs and Integration Payments PCI DSS Checks 68

The Payments Association

APRIL 22, 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 88

Scams Romance Scams Crime Online and Mobile Banking 88

Stax

DECEMBER 9, 2024

Implement Clear Refund Policies Clearly state your refund and return policies on your website or at your physical store. Strengthen Fraud Prevention Measures Implement robust fraud detection and prevention systems to minimize the occurrence of fraudulent transactions.

Credit Cards 88

Credit Cards Process Disputes Card Issuer 88

Finextra

JULY 14, 2025

These institutions will be required to expedite the return of certain fraudulent or unauthorized ACH credits and may be held liable for refunds to originating banks (ODFIs). Smaller banks, in particular, could experience ACH inflows during peak weeks that are two to three times their usual volume, stressing their systems and staffing.

ACH 52

ACH Checks Tax Refunds Risk 52

Fintech News

JULY 14, 2025

” “Over the next three years, that innovation will be driven by AI and machine learning, with financial institutions increasingly using cloud to power fraud detection, risk management, data analytics and generative AI.” Return on investment is increasingly viewed through a strategic lens.

APACS 71

APACS AI Regulations Fraud Detection 71

Fintech Review

APRIL 11, 2025

Its a recap of the key themes weve explored, a primer for new readers, and a cornerstone reference for those returning. AI and Machine Learning : Used for credit scoring, fraud detection, chatbots, and personalised recommendations. This guide brings it all together. Essential for open banking.

FinTech 52

FinTech Online and Mobile Banking Payment APIs and Integration Cross-Border 52

The Payments Association

JUNE 16, 2025

While this is a clear improvement in redress efficiency, some institutions have expressed concern that the emphasis on speed may come at the expense of fraud detection rigour, particularly in borderline or high-value claims.

Scams 88

Scams Assessments Consumer Protection Fraud Prevention 88

The Payments Association

MAY 3, 2025

While AI is beginning to show real operational valueparticularly in fraud detection, customer service, and complianceits implementation across the payments sector remains careful, shaped by regulatory scrutiny, data governance, and practical resource limits. Noble focused on operational readiness.

Payment APIs and Integration 88

Payment APIs and Integration Cross-Border Embedded Finance Payments 88

The Payments Association

JULY 18, 2025

The measures include a requirement for firms to undertake daily internal and external reconciliations, maintain a resolution pack to assist administrators in the event of insolvency, submit a new monthly safeguarding return, and undergo an annual safeguarding audit.

Regulations 88

Regulations Payment APIs and Integration Payments Legal 88

Clearly Payments

MAY 22, 2025

Fraud Detection Tools and systems to detect suspicious activity. Reserve Account A fund held to cover future chargebacks or fraud. Refunds & Adjustments Refund Returning money to a customer. Partial Refund Returning part of the total payment. 3D Secure An added layer of authentication (e.g.,

Online and Mobile Banking 52

Online and Mobile Banking Debit Card Processors ACH 52

The Fintech Times

MARCH 14, 2025

It was clear that many attendees came specifically for these sessions, some returning year after year because they found the structured networking so valuable. “Fraud has never been easier,” said Catherine Porter, chief business officer at Prove. Were seeing an explosion of synthetic identity fraud, Willaert said.

FinTech 59

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

EBizCharge

MAY 27, 2025

Addressing these areas leads to an improved payment journey to encourage more return customers. EBizCharges suite of features includes real-time payment data to monitor customer journeys, fraud detection tools to identify and prevent suspicious activity, and customizable reports to support strategic goals.

PCI DSS 52

PCI DSS Payments Payments Trends Transactions 52

The Fintech Times

JUNE 1, 2024

To find out how efforts of pitting AI against AI are taking shape, and how this could evolve in the future, we take a look at some of the latest anti-fraud approaches utilising AI. Kate Frankish, chief business development officer and anti-fraud lead at Pay.UK This would equate to over £112million worth of fraud detected annually.

SWIFT 124

SWIFT AI Fraud Detection Fraud Prevention 124

Fintech News

JANUARY 21, 2025

further strengthened its digital offerings, introducing features like no minimum or maximum balance constraints and a unified account structure for enhanced convenience and returns. These AI applications also played a vital role in fraud detection, improving the banks ability to identify and mitigate risks effectively.

Fraud Detection 124

Fraud Detection Non-Bank Mitigation AI 124

Fintech News

MARCH 26, 2024

The round was also joined by MUFG Innovation Partners, Ohana Holdings, and returning investors Flourish Ventures, Eurazeo, and AppWorks. Additionally, Qoala is focused on bolstering its partners’ underwriting, claims processing, and fraud detection abilities through advanced tools and solutions.

AI 119

AI Fraud Detection Underwriting PayPal 119

Payments Source

MAY 20, 2020

states now begin to lift stay-at-home orders, fraudsters too are being unleashed to return to familiar targets such as bank branches, ATMs and retail stores. As many countries and U.S.

ATM 165

ATM Returns Fraud Detection Digital Payments 165

Fi911

JULY 8, 2024

Furthermore, the growing sophistication of fraud techniques, including synthetic identity fraud and account takeovers, exacerbates the challenge. This makes it imperative for businesses to stay ahead with robust fraud detection and prevention strategies.

Account Takeovers 105

Account Takeovers Fraud Detection Phishing Fraud Prevention 105

Fi911

MAY 22, 2024

A payment reversal is the process through which funds from a transaction are returned to the payer’s account. This process can be triggered for various reasons, such as a disputed charge, an error in the transaction, or fraud detection. What is a Payment Reversal? The post What are Payment Reversals?

Payer 104

Payer Address Verification System (AVS) Disputes Payee 104

Fintech Finance

OCTOBER 24, 2024

” Looking to the future, the partnership with Plaid could also enable Dwolla’s customers to mitigate ACH return risk and perform enhanced fraud detection and prevention. “We’re working with partners like Plaid to future-proof A2A payments,” said Skyler Nesheim, Chief Technology Officer at Dwolla.

Risk Assessment 109

Risk Assessment Payment APIs and Integration Verification Assessments 109

Fintech Finance

JULY 26, 2024

Forrester’s cost-benefit analysis revealed that Checkout.com delivered an 182% return on investment (ROI) to customers over three-years. The study indicated a full return on investment could be achieved within the first six months. million , underscoring, in our opinion, the profitability of long-term collaboration with Checkout.com.

Returns 94

Returns Gateways Fraud Detection Volume 94

The Payments Association

APRIL 14, 2025

SEON, the leader in digital fraud prevention and compliance, has announced the availability of its new automated chargeback management solution. This solution combines early fraud detection with automation of the chargeback dispute process, empowering e-commerce merchants to stop fraudsters in real time and manage chargebacks effortlessly.

Automation 68

Automation Disputes Fraud Prevention Fraud Detection 68

Finovate

JULY 23, 2024

A partnership between Featurespace and OrboGraph will help banks and other financial services companies defend themselves against check fraud. The company returned to the Finovate stage later that year to demo its technology at FinovateFall in New York. “Fraud is the single largest crime in the U.K.

Checks 64

Checks Fraud Detection Financial Crimes Crime 64

PYMNTS

JUNE 6, 2017

SigOpt now helps optimize fraud detection and investments like beer brewing and even the manufacturing of synthetic rhino horns. PYMNTS caught up with Clark to find out what sparked the grand idea to create startup SigOpt and how the company came to be a juggernaut of machine learning and fraud detection expertise.

Fraud Detection 67

Fraud Detection Research Advisors Credit Cards 67

Payments Source

JANUARY 4, 2018

North Korean counterfeits haven't been documented since 2008, but recent sanctions may have pressured the country to return to making undetectable U.S.

Returns 102

Returns Payments Fraud Detection Digital Payments 102

PYMNTS

DECEMBER 9, 2020

The Playbook outlines six key operations that can be enhanced by applying AI systems, ranging from fraud detection to marketing optimization and even personalized chatbots. To learn more about how banks can build an effective AI adoption strategy, download the playbook.

Credit Risk 98

Credit Risk AI Risk Fraud Detection 98

The Fintech Times

AUGUST 17, 2024

Consequently, these will be observed for both new and returning users throughout the customer lifecycle. Robert Boxberger, president of Experian’s North American identity and fraud business “Our acquisition of NeuroID highlights our commitment to provide our clients with world-class data, analytics and insights to prevent fraud. “In

Risk 59

Risk Bots Fraud Detection Identity Theft 59

FICO

OCTOBER 11, 2017

Before these neural network defenders came along, banks used rule-based systems to try to prevent fraud. Today, AI is considered “superhuman” at executing certain tasks, fraud detection being one of them. Defensive AI models selectively deceive or return incorrect outputs, if the models believes they are being monitored.

AI 110

AI Law Enforcement Non-Bank Rules 110

The Payments Association

MAY 7, 2025

helps: Near real-time fraud detection: By leveraging combined alerts from Ethoca and Verifi, avoided.io detects fraudulent activities before they escalate into chargebacks, but only for purchases made using credit or debit cards. How avoided.io software, e-books) are leading to revenue losses and increased chargeback ratios.

Risk 88

Risk Disputes Debit Card Cross-Border 88

The Payments Association

DECEMBER 11, 2024

The machines will march on Artificial Intelligence (AI) offers numerous potential payment advantages, especially when automating critical tasks such as fraud detection and identity verification. Its crucial to carefully evaluate the return on investment of AI projects rather than simply chasing shiny new toys.

Payments Trends 88

Payments Trends Fraud Prevention Instant Payments Payments 88

PYMNTS

OCTOBER 1, 2020

Kount , the Boise, Idaho-based Software as a Service (SaaS) platform designed to simplify fraud detection and improve profitability, announced it has partnered with Verifi , the payment protection and management company.

Disputes 73

Disputes Fraud Detection Fraud Prevention Risk Management 73