Showing results for 'fraud prevention' in Articles
329 Articles | 70 Magazines | 1 Research | 0 Whitepapers

CFPB abandons litigation in Zelle fraud controversy

05 Mar 25 @ 14:07

The Consumer Financial Protection Bureau (CFPB) has formally withdrawn its lawsuit against JPMorgan Chase, Bank of America, Wells Fargo and Early Warning Services (EWS), the entity responsible for operating the... read more

Getting up to speed with US instant payments

04 Mar 25 @ 17:01

The landscape of instant payments in the US is evolving rapidly, driven by the dual forces of the Real-Time Payments (RTP) network and the Federal Reserve’s FedNow service. Despite the... read more

Digital ID 2025: Regulatory imperatives, technological advancements

26 Feb 25 @ 18:23

Digital ID verification has emerged as a cornerstone of modern cybersecurity, regulatory compliance and consumer protection. Amidst escalating concerns over fraud prevention, privacy and age verification, 2025 is positioned to... read more

PayPal unveils PayPal Open and expands omnichannel solutions

26 Feb 25 @ 14:42

PayPal has launched PayPal Open, a new merchant platform designed to empower businesses of all sizes by consolidating its payments and growth solutions into a single, unified platform. With access... read more

NFC payments: A paradigm shift in contactless transactions

21 Feb 25 @ 12:49

The latest NFC Forum’s Annual Report underscores the exponential adoption of NFC-based solutions across multiple sectors, catalysing innovations in payment systems, identity authentication, vehicular access and healthcare. With notable advancements... read more

Deepfake fraud has increased by 2,137% over the last 3 years

21 Feb 25 @ 11:38

The financial sector is facing an unprecedented surge in AI-driven fraud, with deepfake-related attacks increasing by a staggering 2,137% over the past three years. This alarming statistic, highlighted in a... read more

Q&AI: The only wAI is up!

18 Feb 25 @ 16:51

AI technologies are manifesting in many different ways, solving many different problems and creating many new opportunities in payments and financial services. There are operational applications, that serve middle to... read more

How data sharing can transform the fight against economic crime

17 Feb 25 @ 17:12

Economic crime is a growing global challenge, costing businesses and governments billions each year. Despite efforts to combat fraud, money laundering and financial misconduct, criminals continue to exploit regulatory gaps... read more

The future of payments: Key trends according to Deloitte

14 Feb 25 @ 12:04

As we all know, the payments landscape is undergoing a profound transformation as new technologies, regulatory shifts and evolving consumer preferences redefine how transactions occur. That does not mean that... read more

Beyond Apple Pay: Seizing the digital wallet opportunity

14 Feb 25 @ 10:49

Apple’s decision to open NFC access to third-party developers (enforced by regulators) marks a pivotal shift in the digital wallet landscape, presenting banks with a new opportunity to redefine their... read more

Merchants prioritise digital transformation – Payments at forefront

12 Feb 25 @ 19:31

Payment technology is no longer just a back-office function – it has become a key strategic driver for business growth, security and customer experience. New research from PXP and Censuswide... read more

Zelle surpasses $1 trillion in transactions

12 Feb 25 @ 14:45

Zelle, the US peer-to-peer (P2P) payments network, has announced a record-breaking $1 trillion in transactions processed in 2024, marking a 27% year-over-year increase. With a total of 3.6 billion transactions,... read more

The MENA e-commerce boom: A $50 billion opportunity

06 Feb 25 @ 13:40

The MENA e-commerce industry is experiencing a rapid transformation, driven by technological advancements, shifting consumer behaviour and strong government-backed digital initiatives. According to the latest Flowwow & Admitad report, online... read more

The state of fraud in 2025: Organised crime leads the way

03 Feb 25 @ 16:29

Fraud in the financial sector has reached unprecedented levels, with 2024 marking another year of rising fraud attacks across banks, credit unions and fintechs. According to Alloy’s latest State of... read more

Experian’s latest fraud forecast – threats to businesses and consumers

30 Jan 25 @ 17:20

Fraudsters are evolving faster than ever, leveraging cutting-edge technologies like Generative AI (GenAI) to develop increasingly sophisticated schemes. Experian’s 2025 Future of Fraud Forecast reveals five emerging fraud threats that... read more

New payment in gambling: Trends and innovations to watch in 2025

19 Jan 25 @ 11:32

The online gambling industry relies on the trust of its users to be able to grow, a major part of this is trust in transactions that take place. Players need... read more

Block and American Express forced to pay big fines to regulator

17 Jan 25 @ 17:10

The digital payments landscape continues to grapple with regulatory scrutiny, as demonstrated by recent settlements involving industry heavyweights American Express and Block (formerly Square). These cases underscore the increasing importance... read more

APP Fraud in UK – new regulations confirmed

09 Jan 25 @ 17:58

In an unusual about-turn, the UK’s Payment Systems Regulator (PSR) issued a statement confirming the implementation date for the APP fraud (Authorised Push Payments) protections to come into effect, and... read more

Tokenisation: The key to a secure e-commerce future

08 Jan 25 @ 16:45

E-commerce is poised for continued growth, with global retail sales expected to reach $6.8 trillion by 2028. To get a stronger view on just how important this sector is going... read more

EPI announce the first successful Wero e-commerce transaction

07 Jan 25 @ 12:57

The European Payments Initiative (EPI) has achieved a significant milestone with the successful completion of its first end-to-end e-commerce payment transaction using its Wero solution. This proof of concept (POC)... read more

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Inside A7: How Russia built a parallel cross-border payments network

24 Sep 26 @ 16:29

Russia’s attempts to circumvent Western financial sanctions have developed into a sophisticated parallel payments architecture combining traditional banking, ... more

Global Banks set ground rules for Agentic Commerce as Fraud and Liability risks rise

27 Sep 26 @ 18:53

Six major banks have joined forces to establish principles for trusted agentic commerce, warning that the rapid adoption of AI shopping agents could outpace exi... more

UK Banks complete first live transactions using Tokenised Deposits

27 Sep 26 @ 18:52

Seven major UK financial institutions have completed the first live customer transactions using tokenised sterling deposits, marking an important step in Britai... more