Fraud Prevention

CSI Launches AI-Powered AML Solution in Collaboration With Dataseers
CSI Launches AI-Powered AML Solution in Collaboration With Dataseers
April 21, 2025  |  AML

CSI has launched an artificial intelligence (AI)-powered anti-money laundering (AML) solution and said it plans to add more solutions of this kind later this year....

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ValidiFI Debuts Authoritative Bank Account Verification Tool
ValidiFI Debuts Authoritative Bank Account Verification Tool
April 17, 2025  |  Authentication

Bank account and payment intelligence firm ValidiFI has begun offering new authoritative bank account verification capabilities. It’s part of an expansion of the company’s vAccount+...

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GenAI Fuels New Wave of Sophisticated Financial Fraud
GenAI Fuels New Wave of Sophisticated Financial Fraud
April 16, 2025  |  Fraud Prevention

Fraud is getting more sophisticated, thanks to artificial intelligence (AI). Fraud can be perpetrated in the form of deepfake videos or voice, with AI producing...

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Velera Introduces Tiered Fraud Service Model for Credit Unions
Velera Introduces Tiered Fraud Service Model for Credit Unions
April 15, 2025  |  Credit Unions

Velera has introduced a tiered fraud service model approach that allows credit unions to select a tailored offering that meets their risk mitigation needs. The...

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Acquirers Step Up Battle Against Fraud With GenAI, Biometrics Push
Acquirers Step Up Battle Against Fraud With GenAI, Biometrics Push
April 14, 2025  |  Fraud Prevention

For merchants seeking to deliver a seamless omnichannel experience to their consumers, fraud remains a persistent concern. And while they look to acquirers to offer...

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Metal Payment Cards Move From Luxury to Everyday as Fraud Fears Deepen
Metal Payment Cards Move From Luxury to Everyday as Fraud Fears Deepen
April 10, 2025  |  Fraud Prevention

For decades, consumers have been bombarded with security advice designed to keep their financial data safe. Yet, in a digital landscape increasingly fraught with sophisticated...

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Trust Multiplied: How Verified Data Platforms Strengthen Business Lending
Trust Multiplied: How Verified Data Platforms Strengthen Business Lending
April 09, 2025  |  Data

During the pandemic, the government extended a $1.2 trillion lifeline through the Paycheck Protection Program (PPP). Four years on, the sobering stats show that the...

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Banks Say Debit Card and Check Fraud Attacks Are Gaining Momentum
Banks Say Debit Card and Check Fraud Attacks Are Gaining Momentum
April 08, 2025  |  Fraud Prevention

PYMNTS Intelligence data has detailed the continuing appeal of debit cards as preference for everyday spending, prized for convenience and as a way to spend...

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Hawk Raises $56 Million to Help Banks Counter Financial Crime
Hawk Raises $56 Million to Help Banks Counter Financial Crime
April 08, 2025  |  Fraud Prevention

Fraud and money laundering prevention provider Hawk has raised $56 million in new funding. The Germany-based company says its Series C round, announced Tuesday (April...

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