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. Fraud is a key consideration. Contactless fraud accounted for 41.5million in losses last year, up 19 per cent from 2022.

Contactless Payments 98

Contactless Payments Consumer Security Fraud Prevention 98

Clearly Payments

NOVEMBER 13, 2024

For payment processors and financial institutions, however, understanding BINs is essential for smooth transaction processing, security, and even risk management. These six digits identify the institution that issued the card, offering key information to parties involved in a transaction. What is a Bank Identification Number (BIN)?

Process 104

Process Processors Payments Compliance 104

Stax

DECEMBER 12, 2024

Merchant services help small businesses simplify payments, save money with transparent pricing, and secure transactions with fraud protection and PCI compliance. This encryption turns data into an unreadable format to prevent fraud and security breaches. ACH transactions), and more. eCommerce tech stack. Check processing.

Small Business 88

Small Business Online and Mobile Banking Volume Checks 88

Clearly Payments

DECEMBER 19, 2024

Global Digital Payment Volume Passes $10 Trillion in a Year! The global volume of digital payments will reach over $10 trillion by the end of 2024, a sharp increase from $8.3 Mobile Wallets Account for a Massive 30% of Global Transactions Mobile wallets like Apple Pay, Google Pay, and Samsung Pay have become household names.

BNPL 105

BNPL Contactless Payments Processors Payments 105

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 88

Payments Trends Financial Crimes Cross-Border Payments 88

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 88

Fraud Detection Fraud Prevention Participant Financial Crimes 88

Stax

MAY 13, 2025

Fast deposits, flexible checkout options, and transaction insights can improve cash flow, raise conversions, and inform smarter decisions. The Components of Payment Processing Behind every transaction is a connected ecosystem that makes it all possible. When your payments flow smoothly, your business can, too.

Credit Cards 88

Credit Cards Payment APIs and Integration Processors Process 88

Stax

MARCH 18, 2025

billion transactions and $9.76 The payment processing process involves several key players working together to ensure efficient transactions: Merchant – The individual or business accepting payments in exchange for goods or services. Payment processor – The company managing the transaction process. trillion in value.

Process 88

Process Payment APIs and Integration Processors Online and Mobile Banking 88

Fintech News

DECEMBER 4, 2024

Grab, with millions of users and driver-partners, requires a robust and scalable infrastructure to manage its high volume of transactions and data. Every second, Grab handles over 100 transactions, receives 500,000 GPS pings, and services 50,000 ETA requests. said Jeff Johnson, Managing Director, ASEAN at AWS.

Fraud Detection 109

Fraud Detection Fraud Prevention AI Processors 109

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 88

Scams Romance Scams Phishing Volume 88

Stax

JANUARY 21, 2025

said theyve used electronic payment methods to make a transaction in the past three months. Ensure the gateway offers PCI DSS compliance, encryption, tokenization, and fraud prevention tools to safeguard transactions. Every business model has unique transaction needs, security requirements, and customer expectations.

Payment Gateways 88

Payment Gateways Gateways Payment APIs and Integration PCI DSS 88

The Finance Weekly

JANUARY 5, 2025

The integration of finance AI chatbots offers several benefits: Automating Repetitive Financial Tasks One of the best uses of finance AI chatbots is automating tasks like invoice generation, payroll processing, and transaction categorization. Offering personalized financial advice based on transaction history. Money transfer support.

AI 130

AI Finance Automation Non-Bank 130

Stax

MARCH 4, 2025

TL;DR Online payments rely on API or hosted gateways with encryption and fraud detection, while in-store transactions require POS hardware with EMV chip technology and NFC capabilities. From there, configure your settings, and test transactions for security and functionality. Need to integrate payments?

Credit Cards 88

Credit Cards Payment APIs and Integration Payment Gateways Gateways 88

Stax

MARCH 11, 2025

The payment processor : this is the payment services provider that handles the verification and transfer of data and funds between the financial institutions involved in that transaction. The customer will input the required payment information on the page and then click Pay to authorize the transaction.

Online Payment Processing 88

Online Payment Processing Process Payment Gateways Online and Mobile Banking 88

Stax

APRIL 8, 2025

This article explores the key factors that influence credit card processing rates in 2025, particularly helpful for small business owners looking to keep their credit card transaction fees as low as possible. Always review pricing models, monthly fees, per-transaction markups, hidden fees, and contract terms before making a decision.

Credit Cards 88

Credit Cards Process Processors Push-to-Card 88

Fintech News

FEBRUARY 10, 2025

But these systems still require users to set preferences, approve transactions, or manually adjust settings. With Agentic AI systems processing vast amounts of sensitive financial data, including personal and transaction details, regulators must ensure that these systems comply with stringent data protection laws, such as GDPR or CCPA.

AI 86

AI FinTech Fraud Detection Fraud Prevention 86

The Fintech Times

JUNE 24, 2024

This collaboration will deliver a new banking as a service (BaaS) offering for banks, fintechs and merchants in the Middle East and Africa, providing faster, secure, and cost-effective account-based transactions. The system employs a dual-layer approach. We will also leverage open banking data to enhance payment processing and reduce risks.”

Fraud Detection 59

Fraud Detection FinTech Financial Inclusion Real Time Payments 59

The Fintech Times

MARCH 13, 2025

For digital platforms, processing pay-ins (customer payments) and pay-outs (disbursements to creators, merchants, or partners) comes with transaction fees that impact margins and cash flow. LocalPayment by Aleph integrates 540+ local payment methods to ensure seamless transactions.

Cross-Border Payments 96

Cross-Border Payments Cross-Border Payment APIs and Integration Payment Service Provider (PSP) 96

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

The Fintech Times

NOVEMBER 21, 2024

Utilising Paymentology’s tech, the digital bank will be able to offer firms the ability to handle payroll and other essential transactions through its secure digital platform. Throughout 2023, albo achieved remarkable growth, driven by increased customer acquisition and transaction volumes, while maintaining healthy unit economics.

Business Payments 59

Business Payments Payroll Fraud Detection Payments 59

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

Fintech Finance

SEPTEMBER 26, 2024

Justt , a leader in AI-powered chargeback mitigation, today announced a strategic partnership with Ravelin , a global provider of AI-native fraud detection and prevention solutions.

Fraud Prevention 98

Fraud Prevention Fraud Detection AI Disputes 98

EBizCharge

JANUARY 14, 2025

Finding the right payment gateway for your business in 2025 is a critical step toward ensuring seamless online transactions, boosting customer satisfaction, and securing your revenue streams. Once approved, the payment gateway sends a confirmation back to the merchant and the customer, completing the transaction.

Payment Gateways 52

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

Fintech Finance

FEBRUARY 17, 2025

For e-commerce leaders like Lili Bridals, tokenization and PCI-certified flows secure high-value transactions; for logistics giants like Zongteng, AI-driven fraud detection reduces chargebacks by 30%; and for advertising platforms such as Cheetah Mobile Inc, privacy-preserving frameworks reduce GDPR non-compliance risks by 99%.

Compliance 59

Compliance Payment Solutions Global Payments Risk 59

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. Using real-time payment technology, Nium helps companies speed up international transactions, simplify operations, and scale.

FinTech 138

FinTech Online and Mobile Banking Payment APIs and Integration Finance 138

The Payments Association

APRIL 8, 2025

This move reflects the growing need for merchants to offer a variety of payment methods, especially in high-frequency transaction environments like grocery retail. “Click to pay uses network tokens, which ensures customer card details are not exposed during transactions.

Fraud Prevention 88

Fraud Prevention Instant Payments Participant Alternative Payment Methods 88

The Payments Association

FEBRUARY 10, 2025

Virtual IBANs (vIBANs) have become a key component of modern payment systems, enhancing payment reconciliation and facilitating cross-border transactions. AI can enhance transaction monitoring, while stronger KYC processes and staff training will help manage risks and maintain compliance.

IBAN 88

IBAN AML Master Account Due Diligence 88

Fintech Finance

OCTOBER 23, 2024

A new survey by the transaction data management specialist Intix , has revealed that European banks are struggling to meet the European Union’s upcoming deadlines for mandatory instant credit transfers. Banks show similar alignment in their approach to sanction screening and fraud detection.

Instant Payments 105

Instant Payments ISO 20022 Regulations Fraud Detection 105

FICO

JULY 24, 2018

This is the fourth in my series on five keys to using AI and machine learning in fraud detection. In fraud detection, a model will benefit from the experience gained by ingesting millions or billions of examples, consisting of both legitimate and fraudulent transactions.

Fraud Detection 49

Fraud Detection Card Issuer AI Research 49

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

Fintech News

JUNE 5, 2024

These tools will also monitor user activities to prevent fraudulent activities from sign-up to transaction completion. Sumsub’s platform includes features like chargeback prevention and fraud detection, enabling companies to effectively combat fraudulent activities and unauthorised transactions.

Visa 109

Visa Product Fraud Detection Fraud Prevention 109

Clearly Payments

JANUARY 21, 2025

Despite the volume and variety, many still rely on outdated systems that pose significant challenges: Inefficiency: Legacy systems often require manual intervention, increasing the time and cost of processing payments. Stronger Security: Advanced encryption, tokenization , and fraud detection protect sensitive data and bolster public trust.

Government Payments 59

Government Payments Governance Government PCI DSS 59

EBizCharge

NOVEMBER 12, 2024

A merchant account is a business bank account that allows companies to accept payments, such as debit and credit card transactions, electronic funds transfers (EFTs), and Automated Clearing House (ACH) payments. Merchant account providers (MSPs) often offer tailored solutions based on the type of business and online transaction volume.

Accounts 52

Accounts Online and Mobile Banking MSPS Debit Card 52

Fi911

DECEMBER 3, 2024

Velocity checks serve as an integral part of a comprehensive fraud prevention strategy. Their primary function is to monitor the rate at which transactions are initiated by buyers, enabling the swift identification and interception of potential fraudulent activity. The post What are Velocity Checks?

Checks 52

Checks Fraud Prevention Account Takeovers Fraud Detection 52

FICO

JULY 2, 2018

When consumers get a call, text, email or in-app messages from their card issuer asking them to validate a transaction, or informing them of fraud on their card, they may not even suspect that behind this bit of excellent customer service are a brilliant set of algorithms, such as neural networks.

Fraud Detection 52

Fraud Detection AI Use Case Card Issuer 52

Fintech News

JANUARY 21, 2025

E-banking transaction volumes surged by 51.1% year-on-year, with transaction values rising 20%, driven by the bank’s advanced digital platform. These AI applications also played a vital role in fraud detection, improving the banks ability to identify and mitigate risks effectively.

Fraud Detection 123

Fraud Detection Non-Bank Mitigation AI 123

The Fintech Times

JUNE 1, 2024

Over a third of fraud attempts (42.5 per cent) targeting financial institutions now use AI, according to a recent study by digital identity and fraud prevention solution Signicat. Overall, around 29 per cent of these AI-driven fraud efforts are successful. This would equate to over £112million worth of fraud detected annually.

SWIFT 124

SWIFT AI Fraud Detection Fraud Prevention 124