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Tuum and Sumsub Team Up to Enhance Fraud Prevention for Financial Institutions

Finovate

The collaboration will help banks, fintechs, and financial institutions enhance fraud prevention without compromising the user experience. The integration of Sumsub’s compliance solutions will help financial institutions deal with the growing threat of fraud and financial crime. The company was founded in 2019.

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Merchants Set to Invest in AI and Fraud Prevention and Compliance Tops the 2025 Agenda, Says payabl

The Fintech Times

Ensuring regulatory compliance Regulatory compliance also emerged as a significant challenge, with 60 per cent of participants highlighting the complexities of navigating evolving regulations. Lesser-discussed trends include embedded finance (13 per cent) and sustainable payments (eight per cent).

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Digital Wallets and Open Banking Set to Dominate Payments in 2025, According to Merchants

Fintech Finance

Fraud prevention and regulatory compliance are the major challenges facing the industry When asked about the top challenges expected for the year ahead, fraud prevention topped the list, with 63% of respondents identifying it as a primary concern.

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Tradu and Salt Edge Partner to Improve Regulatory Compliance and Strengthen Security

The Fintech Times

To ensure it is able to address issues like regulatory compliance, fraud prevention and user authentication, the firm has announced a new partnership with Salt Edge , the open banking solutions provider. ” commented Dan Martalog , senior open banking solutions expert at Salt Edge.

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The role of artificial intelligence in enhancing AML and regulatory compliance in fintech

The Payments Association

The fintech sector is evolving rapidly, transforming financial transactions, but it is also facing growing regulatory scrutiny and risks, such as fraud and cybersecurity threats. As director/MLRO of SENDS, a UK-licensed EMI, I see AI’s potential in fraud prevention, AML, and compliance.

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PayFuture Expands Into Pakistan, Enabling Global Brands to Enter the High-Growth Market

Fintech Finance

Manpreet Haer, CEO and Co-Founder of PayFuture, commented: “Our entry into Pakistan offers businesses a comprehensive solution that combines localised payment integration, currency conversion, and robust fraud prevention.

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Top regulatory priorities for the payments sector

The Payments Association

Open banking enhances competition, consumer choice, and cost efficiency while increasing focus on fraud prevention and consumer protection to support wider adoption. Regulatory compliance : Staying compliant with open banking regulations is crucial.