Fintech News

JUNE 25, 2025

Carrington Labs, a Sydney-based provider of customised cash flow underwriting models and credit risk analytics, has formed a partnership with Taktile, a New York-based decision platform, to assist consumer and SME lenders in refining their credit risk strategies.

Credit Risk

The Payments Association

FEBRUARY 14, 2025

With regulatory scrutiny at an all-time high, payments firms must keep pace with evolving regulations to avoid financial penalties and reputational risks. The FCA is introducing phased safeguarding rules, with interim measures strengthening existing regulations and final requirements aligning with the Client Assets (CASS) framework.

Stablecoins

The Payments Association

JANUARY 13, 2025

The reforms ensure robust safeguarding practices, bolster consumer trust, and address risks like fund shortfalls during insolvency. While these measures seek to address key risks, such as fund shortfalls during insolvency and delays in fund distributions, they also bring increased regulatory burdens and operational complexities.

Compliance

Fintech Finance

NOVEMBER 21, 2024

The research also challenges assumptions that reimbursement leads to complacency; in fact, reimbursed victims report feeling more vigilant about fraud risks, not less. Increased transparency through data: The PSR’s annual APP fraud performance data shows consumers how effectively banks handle fraud.

Research

Fintech Finance

AUGUST 7, 2025

For payment firms, the new rules mean that, from May 2026, their safeguarding audits must be performed by a qualified accountancy firm. Firms that delay until the rules become binding put themselves at risk of falling short of compliance. All these elements must be scoped, funded, and executed.

Rules

Clearly Payments

OCTOBER 30, 2024

Payment processing and data handling rules vary by country, and non-compliance can result in fines or a loss of customer trust. Hedging foreign exchange rates : For businesses with high transaction volumes in certain currencies, hedging can reduce risks associated with currency fluctuations.

International Payments

Finextra

AUGUST 11, 2025

Stronger rules for due diligence , diversification of safeguarding banks/custodians, and contingency planning for insurance or guarantee lapses. An extended 9-month preparation window before the rules kick in. The audit assesses compliance with safeguarding rules over the period. Monitoring & Reporting 2.1

Reconciliation

The Fintech Times

JULY 24, 2025

To enhance its transaction monitoring solution, ThetaRay , the provider of cognitive AI financial crime compliance technology, has launched its Self-Service Rule Builder and Simulator tools. These tools will enable compliance teams to create, test and optimise anti-money laundering (AML) rules faster, with full autonomy and control.

Rules

VISTA InfoSec

AUGUST 12, 2025

The Growing Risk Landscape Saudi Arabia’s financial sector has been expanding rapidly, and with it, so has the threat of cybercrime. Transaction monitoring and the acquirer’s right to suspend accounts for suspected fraud or rule violations. Why Compliance Is Cheaper Than Recovery? Think of compliance as insurance — but better.

PCI DSS

The Fintech Times

JANUARY 20, 2025

AFCs letter recommends that the FDIC withdraw the Proposed Rule and engage with industry leaders to promote best practices and leverage existing regulatory frameworks. “The Proposed Rule fails to reflect the hallmarks of sound policymaking.

FDIC

Fintech News

JUNE 5, 2025

These rules also apply to individuals, partnerships, and Singapore-incorporated companies that provide digital token services outside Singapore but are based in or registered in Singapore. This firm position once again stems from MASs concerns over the elevated money laundering and terrorism financing risks associated with DTSPs.

Money Laundering

Trade Credit & Liquidity Management

JULY 9, 2025

Eftsure is designated as a Preferred Partner in three critical categories: Account Validation, Fraud Monitoring, and Risk and Fraud Prevention. Nacha governs the ACH Network, which processed 33.6 billion payments valued at $86.2 trillion in 2024, making it a critical backbone for safe, fast, and smart payments across the U.S.

NACHA

The Payments Association

MAY 16, 2025

And the risks are real. A new approach to fighting fraud Regarding fraud prevention, simple rule-based systems arent enough anymore. Custom systems to match specific risks Fraud isnt a one-size-fits-all issue. The risks an online retailer faces arent the same as those for a FinTech platform.

AI

The Fintech Times

JULY 1, 2025

With the CFPB in temporary retreat, lenders may have a window to rethink risk assessment and consider how a broader set of data inputs could help address inclusion gaps responsibly. The missing layer in risk This thinking applies to more than just positive inclusion. The real cost of poor risk assessment isn’t a CFBP-levied fine.

Credit Risk

Finextra

AUGUST 7, 2025

Compliance and regulatory barriers are tough to navigate Global payouts mean dealing with different rules across countries. And the rules keep changing. From tax rules to reporting requirements, compliance becomes a complex and lengthy task. Without automated tools, you risk delays, fines, and customer dissatisfaction.

Payment APIs and Integration

Clearly Payments

JULY 23, 2025

In 2025, staying compliant with payment rules is essential for businesses of every size. Payment compliance means following the rules that govern how businesses accept and handle card payments. These rules come from multiple sources, including card networks, regulators, and your payment processor. What Is Payment Compliance?

Compliance

Finextra

AUGUST 7, 2025

While these reports are typically regulatory in nature, the 2025 edition reads like a warning bell for the fintech industry — especially for firms that are growing fast but neglecting the governance and risk controls needed to stay compliant. 🚧 Key Findings: A System Under Pressure 1.

Risk

Finovate

JUNE 24, 2025

Credit risk analytics company Carrington Labs has teamed up with decision platform Taktile to help lenders optimize their credit risk strategies. Credit risk analytics company Carrington Labs announced a partnership with decision platform Taktile to help lenders optimize their credit risk strategies for both consumer and SMB loans.

Credit Risk

The Payments Association

DECEMBER 9, 2024

The dual impact of generative AI on payment security, highlighting its potential to enhance fraud detection while posing significant data privacy risks. Data leakage, model biases, and a lack of transparency in AI decision-making are just a few of the potential privacy risks that must be considered. What is this article about?

Privacy

Finextra

JULY 14, 2025

Anticipated ACH Surge and Its Risks Currently, about 20% of federal tax refunds and over half of all federal checks are still issued via paper, totaling roughly 20 to 25 million checks annually. government payment modernization, financial institutions that fail to recognize these warning signs and adapt accordingly risk falling behind.

ACH

Finextra

JULY 14, 2025

Banks that executed well saw improvements in customer loyalty, whereas those with generic one-size-fits-all digital experiences risked falling behind. Predictive models identified which customers might be shopping for a home, need a savings boost or be at risk of overdraft—and then proactively offered assistance or deals.

AI

The Payments Association

MAY 16, 2025

Smart routing and optimisation: Advanced POPs leverage machine learning and real-time analytics to route transactions intelligently, considering cost efficiency, transaction success rates, geographic proximity, and risk scoring. These tokens are useless if intercepted, significantly mitigating the risk of data breaches.

Transactions

My Payment Savvy

AUGUST 10, 2025

High-risk industries like CBD, debt collection, and credit repair see even higher fraud rates, which is why many mainstream processors won’t work with these businesses at all. Once you’re flagged as high-risk, finding new payment processing becomes expensive and difficult. The consequences go beyond immediate losses.

Fraud Detection

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. This process helps reduce the risk of unauthorized transactions and fraud. What is a Bank Identification Number (BIN)?

Process

Trade Credit & Liquidity Management

JUNE 25, 2025

Traditional, rules-based anti-money laundering (AML) systems are increasingly seen as outdated and insufficient for detecting hidden threats, exposing institutions to regulatory, financial, and reputational risks.

Financial Crimes

The Payments Association

NOVEMBER 12, 2024

Innovation Potential: Ability to create proprietary technology aligned with strategic goals Risk of Incomplete Features: May initially lack key functionalities, requiring iterative updates. Data Privacy Concerns: Sharing sensitive data with vendors may introduce privacy and compliance risks.

Financial Crimes

Finovate

APRIL 8, 2025

“Every financial institution that wants to reduce compliance workloads and increase the accuracy of risk detection should be using AI to achieve those goals,” Hawk CEO Tobias Schweiger said. Further, fraudsters are increasingly adept at circumventing and subverting rules-based AML and fraud detection strategies.

Financial Crimes

Fintech News

JUNE 24, 2025

These include the European Union’s Digital Operational Resilience Act, the UK’s operational resilience rules, and Australia’s CPS 230 standard, all of which impose stricter requirements for managing technology-related risks. Banks are facing increasing pressure to upgrade their infrastructure as new regulatory frameworks take effect.

Payment APIs and Integration

The Payments Association

OCTOBER 28, 2024

Payment leaders must focus on fraud prevention, collaboration with tech and telecom sectors, and public education to mitigate future risks. In the world of digital payments, fraud is an ever-present threat that continues to evolve, creating serious risks for both businesses and consumers.

Scams

The Fintech Times

JANUARY 20, 2025

One of the primary reasons for this is a perceived lack of employee understanding around finance policies (35 per cent), resulting in over half of UK employees (54 per cent) admitting to bending the rules to gain access to company funds.

Risk

The Payments Association

JANUARY 3, 2025

Lin Tao ( Prezzee ) highlighted the disproportionate risk her industry faces: Gift cards are inherently attractive to scammers due to their high liquidity and minimal traceability. Kershaw emphasised the importance of tailoring security measures to the specific risks of each transaction.

Fraud Detection

Stax

MARCH 13, 2025

Apart from keeping complex payment structures running, interchange fees compensate issuing banks for taking on cardholder credit risk, and help card companies fund rewards programs. Covers risk taken on by issuing banks Issuing banks take on financial risks while extending credit to cardholders. Even for low-risk cards (e.g.,

Debit Card

The Fintech Times

JULY 7, 2025

Rather than calling for new rules, the paper supports the Financial Conduct Authority ’s current approach of applying existing frameworks such as the Consumer Duty. The post No New AI Rules Needed, Just Better Guidance, Says Innovate Finance appeared first on The Fintech Times.

Rules

Fintech News

JULY 14, 2025

Risk assessments were flawed. The Rules Exist, but Why Does It Still Fail? Risk signals end up siloed across products, teams, and geographies.” All nine institutions penalised came up short, even when dealing with high-risk clients. “SOW is tricky,” Baran said. The data sits in silos.

Compliance

Cardfellow

JUNE 25, 2025

Arbitration with the credit card company is final – once it makes a ruling, there are no further appeals. As mentioned in the section above, if you take a dispute to the arbitration stage, you risk paying in the neighborhood of $400 in various fees to the card brand. This fee can range from $15 — 40.

Disputes

The Payments Association

JUNE 3, 2025

Moreover, network tokenisation reduces the regulatory burden by eliminating the need to store sensitive card data, supporting the Payment Card Industry Data Security Standard (PCI DSS) compliance and lowering the risk of data breaches. This enables rapid scaling of new payment use cases, without duplicating risk exposure.

Security

The Payments Association

JULY 15, 2025

The goal isn’t just to detect fraud—it’s to do so without unnecessary friction points that risk damaging the customer experience. Dal Sahota Director, trusted payments, LSEG Risk Intelligence Financial Crime 360 state of the industry report 2025 findings Table of Contents I. and VP/Director/Head roles representing 43.7% of the sample.

Financial Crimes