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

The Payments Association

MAY 16, 2025

Unfortunately, older fraud detection methods often cant keep up with todays fast-moving threats. With tools like machine learning, deep learning, natural language processing and large language models, AI can analyse huge volumes of data in real time helping to make faster, more accurate decisions.

AI 88

AI Security Fraud Prevention Fraud Detection 88

Stax

APRIL 3, 2025

Key features to look for in an eCommerce payment solution include security and fraud protection, payment method variety, integration capabilities, chargeback protection and dispute resolution, and global payment support. Evaluate your business size, transaction volume, industry considerations, total cost, and customer experience.

Payment Solutions 88

Payment Solutions Payment APIs and Integration Payment Gateways Gateways 88

The Payments Association

NOVEMBER 21, 2024

The latest addition to this network is Forter, a global leader in AI-powered fraud prevention, who joins Paydock in transforming fraud detection and prevention for online businesses. By automating fraud detection, businesses can eliminate manual reviews, accelerating fulfilment and providing a smooth customer experience.

Fraud Prevention 88

Fraud Prevention Payment APIs and Integration Alternative Payment Methods Fraud Detection 88

The Payments Association

JUNE 11, 2025

Navigating evolving regulatory requirements, leveraging advanced detection technologies, and implementing scalable strategies for managing merchant risk have become critical capabilities. Global e-commerce fraud is projected to surpass $100 billion by 2029. Consumer behaviour adds another layer of complexity to the fraud landscape.

Risk 88

Risk Fraud Prevention Fraud Detection Payment APIs and Integration 88

Fintech Finance

APRIL 24, 2025

Banks are now bracing for a 23% increase in instant payments volumes over the next three years. In response, 96% of US banks back the implementation of a ‘confirmation of payee’ scheme to protect against fraud. Nearly half (47%) of US banks now experience overwhelming corporate demand, more than triple the 16% from 2024.

Transaction Limits 84

Transaction Limits RTP FedNow Instant Payments 84

The Fintech Times

MARCH 19, 2025

Contactless fraud accounted for 41.5million in losses last year, up 19 per cent from 2022. However, UK Finance reports that fraud is growing more slowly than contactless transaction volumes, and remains a small part of total unauthorised fraud.

Contactless Payments 98

Contactless Payments Consumer Security Fraud Prevention 98

The Payments Association

JANUARY 21, 2025

Table of Contents Voices from the industry: Insights into the 2024 payments landscape In 2024, we witnessed a convergence between consumer and B2B payments, driven by the rise of BNPL adoption, AI-powered fraud detection, and the continued digitalisation of payment platforms.

Payments Trends 88

Payments Trends Financial Crimes Cross-Border Payments 88

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

Clearly Payments

NOVEMBER 13, 2024

This routing allows the processor to request authorization for the transaction from the issuing bank, which then approves or denies it based on factors like available funds and fraud checks. Security and Fraud Detection : The BIN can provide valuable data points that help prevent fraud.

Process 104

Process Processors Payments Compliance 104

Finovate

APRIL 9, 2025

. “Our solution helps Security Bank deliver the experience their customers expect, while maintaining the highest standards of security and fraud prevention.” The technology combines robust security features with advanced fraud detection capabilities including as deepfake detection.

Security 87

Security Verification Deepfake Fraud Detection 87

Stax

DECEMBER 12, 2024

Merchant service accounts and how they work Merchant service providers assess your credit history, business type, and expected transaction volume during application. Pricing models vary and each can benefit specific business types and transaction volumes: Flat-rate pricing. Once approved, you get access to your merchant account.

Small Business 88

Small Business Online and Mobile Banking Volume Checks 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. These models support innovations like tailored restaurant recommendations, loyalty rewards, and fraud prevention for its digital banks.

Fraud Detection 106

Fraud Detection Fraud Prevention AI Processors 106

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 Common types include card-not-present fraud, phishing attacks, and identity theft. trillion in 2023.

BNPL 105

BNPL Contactless Payments Processors Payments 105

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

JUNE 24, 2024

The partnership aims to improve payments through features like card as a service, real-time payment processing, as well as advanced fraud detection. The first layer features a rules-based module tailored for mid-size markets, while the second layer incorporates a strategic component designed for high-volume transactions.

Fraud Detection 59

Fraud Detection FinTech Financial Inclusion Real Time Payments 59

Stax

JANUARY 21, 2025

The ideal payment gateway should match your business model, target audience, transaction volume, and nature of products or services. Fraud prevention features – Look for additional fraud prevention features like fraud detection, address verification, chargeback protection, and IP geolocation to enhance protection from fraud.

Payment Gateways 88

Payment Gateways Gateways PCI DSS Payment APIs and Integration 88

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. The solution is now live and available to all merchants on Ravelin’s platform.

Fraud Prevention 98

Fraud Prevention Fraud Detection AI Disputes 98

Stax

MARCH 11, 2025

For example, Stax Pay charges a fixed monthly membership fee which might not be the best option for very small businesses with low transaction volumes, but could be extraordinarily cost-effective for businesses that process more than $5000 per month. These mechanisms are not only more secure, they are also more convenient for customers.

Online Payment Processing 88

Online Payment Processing Process Payment Gateways Online and Mobile Banking 88

Finovate

JUNE 16, 2025

Control would be another benefit, as stablecoins could offer retailers full control over the payment rail and user data, and they could leverage stablecoins to enhance fraud detection efforts and improve analytics. These benefits sound appealing, but does all of this mean that your firm should launch its own stablecoin?

Stablecoins 81

Stablecoins Settlement Multi-Currency Cross-Border 81

The Finance Weekly

JANUARY 5, 2025

Fraud Detection and Prevention With advanced algorithms, the best AI chatbot for finance can identify unusual transaction patterns or potential fraud. Pros Handles high interaction volumes. Finance AI chatbots provide this by: Answering FAQs about loans, interest rates, or account management. Higher initial investment.

AI 130

AI Finance Automation Non-Bank 130

Stax

MAY 13, 2025

Reconciliation tools – Help you match payments to your records, track sales volume, and catch discrepancies. These vary based on card type, transaction volume, and risk level. This can significantly lower costs for businesses with high processing volume. What does your chargeback protection look like?

Credit Cards 88

Credit Cards Payment APIs and Integration Processors Online and Mobile Banking 88

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

The Fintech Times

NOVEMBER 21, 2024

Throughout 2023, albo achieved remarkable growth, driven by increased customer acquisition and transaction volumes, while maintaining healthy unit economics. Last year, albo reported over $6.5billion in annual transaction volume and recently secured a $60million credit line to fuel growth and advance towards profitability.

Business Payments 59

Business Payments Payroll Fraud Detection Payments 59

The Fintech Times

MARCH 13, 2025

But not only in the FMCG area, also generally speaking the volume of business kicks into high gear as the holiday season closes in. We also leverage advanced fraud detection and prevention technologies to protect our partners from fraudulent activities.

Cross-Border Payments 96

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

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

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

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. Youll be required to provide business details, such as company registration, financial history, and expected transaction volume.

Credit Cards 88

Credit Cards Payment APIs and Integration Payment Gateways Gateways 88

Fintech News

FEBRUARY 10, 2025

Commonwealth Bank of Australia (CBA) is making significant strides in leveraging artificial intelligence to reshape the financial services landscape, already using AI to handle up to 15,000 payment disputes daily, a volume too high for its call centres.

AI 74

AI FinTech Fraud Detection Fraud Prevention 74

Finextra

JUNE 25, 2025

The sandbox will also apply international ISO20022 standards and the opportunity to test the extended data fields supported for fraud detection and other advancements. Peter Reynolds, EVP, Mastercard real time payments says: “Account-to-account payments in the UK are already an enormous part of the UK’s financial landscape.

Instant Payments 59

Instant Payments Visa Real Time Payments Payments 59

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

JUNE 23, 2025

Variable fee structures are frequently implemented by payment processors, which are contingent upon the volume of transactions, the region, and the manner of payment. Especially for high-volume merchants that operate across numerous regions and currencies, these savings accumulate over time.

Technology 88

Technology Payments Wire Transfer Processors 88

EBizCharge

JANUARY 14, 2025

Fraud detection and prevention are critical features of a payment gateway. Since different gateways suit different needs, transaction volumes, and budgets, its essential to understand the various types of payment gateways to choose the option that encourages the most efficient online transactions for your business and its customers.

Payment Gateways 52

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

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 64

AI Fraud Detection Online and Mobile Banking Payment APIs and Integration 64

Stax

APRIL 8, 2025

Card Network Interchange Fee (per transaction) Assessment Fee (total transaction volume) Mastercard 1.15% + $0.05 Transaction volume – You can negotiate better rates if you have high sales volumes. to 2.95% + $0.10 0.14% Visa 1.15% + $0.05 to 2.70% + $0.10 0.14% Discover 1.35% + $0.05 to 2.40% + $0.10 to 3.30%+ $0.10

Credit Cards 88

Credit Cards Process Processors Push-to-Card 88

Finovate

JANUARY 28, 2025

Features Provides AI agents for document intelligence and fraud detection Analyzes web presence Communicates with customers Who’s it for? Register today using this link and save 20%. Arva AI Arva AI offers AI-enabled business verification for banks and fintechs. Banks, credit unions, payment providers, and fintechs.

Credit Union 52

Credit Union Online and Mobile Banking Fraud Detection AI 52

Fintech Finance

OCTOBER 23, 2024

Compliance with sanction screening, anti-money laundering (AML) and fraud detection requirements, including Verification of Payee check, was identified as the top concern. Respondents cited difficulties in meeting the mandated 10-second 24/7 service level agreement (SLA) and coping with the increased message volumes.

Instant Payments 105

Instant Payments ISO 20022 Regulations Fraud Detection 105