Fi911

DECEMBER 19, 2023

This scale of fraud is challenging for systems dependent solely on human detection, especially considering the increasing volume of online transactions. Initially reliant on automated and rule-based systems, financial institutions are now turning to machine learning for more effective fraud detection.

Fraud Prevention 98

Fraud Prevention Fraud Detection Point-of-Sale (POS) Online and Mobile Banking 98

The Payments Association

MARCH 18, 2025

Open finance extends beyond payments, empowering individuals and businesses with holistic financial management tools and personalised services. Open data, in turn, enriches these offerings, enabling innovative credit scoring and risk assessment beyond traditional banking channels.

Finance 88

Finance Payment APIs and Integration Non-Bank Embedded Finance 88

The Fintech Times

FEBRUARY 19, 2025

.” Risks of automation dependance Sharing a similar view, Adam Ennamli , chief risk and security officer at General Bank of Canada , added: “Failures can have existential consequences, from significant monetary losses to complete loss of market trust and regulatory penalties.

AI 64

AI Risk Monetary Loss Automation 64

Seon

APRIL 23, 2024

In an era where digital transitions are omnipresent, the menace of online fraud and money laundering is continuously escalating, necessitating advanced solutions that enable organizations to stay ahead and mitigate activities across diverse industries. How Does Fraud Risk Management Work?

Risk Management 40

Risk Management Risk Technology Fraud Detection 40

The Fintech Times

AUGUST 29, 2024

Cashfree Payments , the Indian paytech and API banking solutions provider, has launched Secure ID, its end-to-end solution for identity verification, risk assessment and fraud prevention. ” Ensuring growth in line with regulations The extent of Secure ID can be seen by the brands using it. With UIDAI recording 1.96

Checks 69

Checks Risk Assessment Security Payment APIs and Integration 69

Fintech Finance

AUGUST 2, 2024

ComplyTek introduces an advanced transaction screening solution for instant payments , designed to ensure compliance and mitigate fraud within the critical 10-second processing window. Leveraging machine learning and AI, the platform offers comprehensive monitoring and fraud detection capabilities.

Instant Payments 94

Instant Payments Transactions Payment APIs and Integration Compliance 94

PYMNTS

DECEMBER 9, 2020

Taking this retroactive approach to credit risk management was never efficient, but it has become even less feasible amid the pandemic. Consumers are more susceptible than ever to falling short on their monthly bills, leaving banks searching for more proactive ways to mitigate the risk of defaults.

Credit Risk 98

Credit Risk AI Risk Fraud Detection 98

Finovate

JANUARY 15, 2025

” The panel will look at the rise of lending integrations, the role of AI in risk assessment, embedded finance regulation, and more. The act focuses on transparency, accountability, and controlling risks, especially when it comes to AI’s applications in areas such as credit scoring and fraud detection.

Embedded Finance 52

Embedded Finance FinTech Payment APIs and Integration AI 52

Nanonets

DECEMBER 13, 2023

The integration of fraud detection algorithms is paramount for error reduction. These algorithms analyze patterns and anomalies in the data to identify potential instances of fraud or misrepresentation. Lastly, AI's predictive capabilities extend to risk management.

AI 102

AI Process Fraud Detection Compliance 102

Trade Credit & Liquidity Management

MAY 27, 2025

As the global marketplace grows more interconnected and transactions shift online, businesses face an unprecedented wave of commercial fraud attempts, from sophisticated “bust-out” schemes to synthetic identity fraud that blends real and fabricated data. Please consider becoming a paid subscriber. billion in 2022 to $252.7

Fraud Prevention 52

Fraud Prevention Fraud Detection Verification Risk Assessment 52

Fintech News

MAY 20, 2024

Register Here AI in Finance: Risk Management Challenges and Opportunities May 28 2024, 18:00 CEST The financial landscape is undergoing rapid transformation, with AI playing a central role. The webinar aims to delve into the significant influence of AI on the financial sector, particularly in risk management.

FinTech 135

FinTech Embedded Finance BNPL On-Demand 135

PYMNTS

SEPTEMBER 14, 2016

That’s the topic of a recent whitepaper by ACI, which advocates that being “immediate” also means adopting a proactive, enterprise mindset towards fraud prevention and a willingness to invest across a number of fronts, from monitoring tools to staff training.

Fraud Prevention 77

Fraud Prevention Faster Payments Push-to-Card Payments 77

The Fintech Times

OCTOBER 26, 2024

AI is boosting risk management and personalisation During Huawei’s Finance Forum at GITEX, Dr. Jassim Haji , an international expert, strategist and researcher in AI and digital transformation, delved into how AI is enabling real-time risk assessment and fraud detection, reducing the manual processes that typically slow banks down.

Finance 69

Finance Ransomware Fraud Detection Cybersecurity 69

M2P Fintech

DECEMBER 17, 2024

Key Features of a Merchant Management System Merchant Onboarding The onboarding process begins with merchants submitting applications along with required documentation for verification. Dispute Management Automated dispute processing streamlines workflows for efficient case management.

Fraud Detection 52

Fraud Detection PCI DSS Disputes Settlement 52

The Payments Association

MAY 16, 2025

This includes a high concentration in anti-money laundering (AML), fraud detection, and client onboarding. 85% of digital-first payment firms report live AI integration, particularly in fraud analytics and real-time risk scoring. Why this matters more than ever AI governance is becoming a priority area for UK regulators.

Compliance 88

Compliance AI Risk Audit 88

M2P Fintech

MARCH 24, 2025

“One-click” loans become reality through instant credit assessments. Enhanced fraud detection ensures security, while alternative data expands accessibility, especially for those with limited credit history. Big data analytics transforms loan management, guiding strategic planning.

Payment APIs and Integration 52

Payment APIs and Integration Blockchain Regulatory Compliance Compliance 52

The Fintech Times

NOVEMBER 27, 2024

Full-cycle verification platform, Sumsub has enhanced its Crypto Transaction Monitoring and Travel Rule solutions following an integration with Elliptic , the cryptoasset risk manager.

Transactions 59

Transactions Financial Crimes Crime Blockchain 59

The Fintech Times

SEPTEMBER 19, 2024

However, risk orchestration is a process promising to help fintechs and financial institutions combine their customer onboarding, authentication and risk management processes into one place. “This is done through the integration of risk management, adaptive risk mitigation, process automation, and real-time analysis.

Risk 59

Risk Financial Crimes AML Risk Management 59

Trade Credit & Liquidity Management

MARCH 19, 2025

“At Bectran, we intend to be the one-stop shop in our client's credit and AR journey, finding innovative ways to increase their operational efficiency and risk management capabilities.”

Verification 40

Verification Risk Return Ratios Risk Assessment 40

Neopay

JUNE 27, 2024

Governance structure: Present a well-defined governance structure, highlighting key individuals responsible for regulatory compliance, risk management and oversight. Risk management framework: Develop a robust risk management framework that identifies, assesses and mitigates key risks associated with your business operations.

Financial Crimes 52

Financial Crimes Money Laundering Compliance Crime 52

The Payments Association

MAY 16, 2025

Each section includes an overview of the regulation, the legal and operational risks involved, and the practical actions required to support readiness and ongoing compliance. For merchants, particularly large retailers, platforms, or multi-channel businesses, this marks a significant shift in fraud liability.

Regulations 88

Regulations ISO 20022 Cross-Border Legal 88

The Fintech Times

MAY 14, 2024

My previous roles in corporate banking and investments, coupled with my experience in building tech companies, have provided me with a unique blend of financial insight, strategic thinking, client relationship management, risk management, entrepreneurship, and technical expertise.

Privacy 64

Privacy Compliance Innovation FinTech 64

Nanonets

AUGUST 16, 2024

Artificial Intelligence (AI) AI is particularly brilliant at handling complex tasks like fraud detection, risk assessment, and claims adjudication. Fraud detection: Fraudulent claims are one of the insurance industry's biggest challenges.

Automation 52

Automation Process Fraud Detection Payment APIs and Integration 52

Nanonets

APRIL 5, 2023

In the world of lending, risk management is crucial to success. But with a growing number of loan applications and an increasing number of delinquencies, how can lenders effectively manage risk without sacrificing efficiency? The answer lies in automating steps in the lending process.

Automation 52

Automation Process Risk Assessment Assessments 52

Seon

JUNE 29, 2023

Depending on each organization’s risk tolerance, this may be where parties associated with the suspicious transaction are subjected to further security checks or trigger a more comprehensive manual review by risk teams. It achieves this through transaction and behavior monitoring, risk assessment, and alert generation.

Transactions 52

Transactions Due Diligence Money Laundering AML 52

Nanonets

AUGUST 1, 2023

This technology proves invaluable in detecting potential instances of fraud or non-compliance within the organization, providing deeper insights into business operations, and enabling data-driven decisions to strengthen risk management and compliance measures.

Audit 52

Audit Automation Bots Risk Assessment 52

Nanonets

AUGUST 1, 2023

Risk Assessment: Audit automation helps auditors assess risks more effectively by identifying potential red flags and areas of concern within the data. It enables a more comprehensive and targeted risk assessment process. Complex approval workflows, duplicate alerts, and fraud detection.

Audit 40

Audit Automation Risk Assessment Payment APIs and Integration 40

M2P Fintech

JANUARY 21, 2025

Effective Fraud Detection: By integrating machine learning into advanced fraud detection mechanisms, it effectively identifies and prevents fraudulent activities. These capabilities accelerate underwriting, enhance risk management, and improve decision-making accuracy.

Origination 52

Origination Payment APIs and Integration Underwriting Automation 52

Nanonets

APRIL 26, 2023

Automate your mortgage processing , underwriting, fraud detection, bank reconciliations or accounting processes with a ready-to-use custom workflow. The algorithms look for patterns and indicators of risk to analyze creditworthiness. This can help lenders make more informed decisions and reduce the risk of loan losses.

Underwriting 52

Underwriting Automation Fraud Detection AI 52

FICO

MARCH 6, 2020

FICO brings AI and advanced analytics to risk management, fraud detection, collections and much more. We serve corporates, insurance companies, and banks – be it a retail, private, wealth management, automotive or telecom bank, tier 1 or tier 3 bank.

Financial Crimes 81

Financial Crimes Crime Compliance Technology 81

Nanonets

DECEMBER 25, 2023

Real-time Fraud Detection The healthcare industry is, unfortunately, susceptible to fraudulent activities, and AI provides a robust defense mechanism. Predictive Analytics for Resource Optimization AI's predictive analytics capabilities extend beyond fraud detection.

AI 59

AI Process Payer Fraud Detection 59

Nanonets

MAY 30, 2024

Coupa Procurement   Coupa is well-regarded for its robust procurement management capabilities, ideal for enterprises. Pros: Real-Time Budget Management:  Tracks budgets and spending in real time. AI and Machine Learning:  Enhances error and fraud detection. Cons: High cost for smaller businesses.

Automation 52

Automation Process P2P Compliance 52

Fintech Labs Insights

AUGUST 22, 2024

Stratyfy: Raised $12M, decision intelligence technology gaining traction, particularly in risk management. Spring 2022 (San Francisco): Array: Credit and identity management platform, seeing increased adoption due to robust features and user-friendly interface. Prosper: Pioneered peer-to-peer lending in the U.S.,

Online and Mobile Banking 15

Online and Mobile Banking Acquirers Payment APIs and Integration AI 15

Segpay

MARCH 20, 2024

Enhanced Fraud Detection and Security One of the most significant advantages of AI and Machine Learning in banking is its ability to detect fraudulent activities and enhance security measures. Risk Management and Compliance AI is crucial in risk management and regulatory compliance within the banking industry.

AI 111

AI Privacy Non-Bank Fraud Detection 111

The Payments Association

MARCH 20, 2025

In this Q&A, NVIDIAs EMEA Payments & FinTech Leader, Georgios Kolovos, explains how AI is revolutionising fraud detection, risk management, and customer engagement in the payments industry. False positives in fraud detection remain a major challenge for payments companies.

Fraud Prevention 88

Fraud Prevention Suspicious Activity Report (SAR) Fraud Detection AML 88

The Finance Weekly

JANUARY 19, 2025

It improves tasks like portfolio management, risk assessment, fraud detection , and personalized financial advice. Managing Risks Managing risk is a critical part of financial planning. This ensures that client investments remain aligned with their financial objectives.

AI 130

AI Advisors Risk Fraud Detection 130

The Fintech Times

APRIL 8, 2025

AI is being embedded into the core of financial services, shaping how decisions are made, how risks are managed and even how banks themselves operate. AI-powered systems are helping banks deliver hyper-personalised financial services, optimise fraud detection and improve risk assessments.

AI 93

AI Online and Mobile Banking On-Demand Fraud Detection 93