Latest Finextra Research Security Headlines https://www.finextra.com/ The Latest Financial IT Security Headlines Copyright 2024 Finextra Research Ltd en-GB contact@finextra.com (Finextra Contact) Finextra Research Headlines https://www.finextra.com https://www.finextra.com/finextra-images/site/finextra.png Hackers claim to have bank account details of 30m Santander customers https://www.finextra.com/newsarticle/44234/hackers-claim-to-have-bank-account-details-of-30m-santander-customers?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44234/hackers-claim-to-have-bank-account-details-of-30m-santander-customers?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 31 May 2024 15:02:00 GMT Hackers are trying to sell what they claim are the bank account details of 30 million Santander customers for $2 million. Mastercard pilots Crypto Credential network https://www.finextra.com/newsarticle/44228/mastercard-pilots-crypto-credential-network?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44228/mastercard-pilots-crypto-credential-network?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 31 May 2024 00:01:00 GMT Mastercard has begun piloting its Crypto Credential network, enabling cross-border peer-to-peer digital asset transactions between Latin America and Europe. Swift to pilot AI in fight against fraud https://www.finextra.com/newsarticle/44223/swift-to-pilot-ai-in-fight-against-fraud?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44223/swift-to-pilot-ai-in-fight-against-fraud?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 30 May 2024 09:45:00 GMT Banking co-operative Swift is working with global banks on AI pilots to tackle cross-border payments fraud. Pay.UK hails fraud detection pilot results https://www.finextra.com/newsarticle/44221/payuk-hails-fraud-detection-pilot-results?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44221/payuk-hails-fraud-detection-pilot-results?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 30 May 2024 09:00:00 GMT Pay.UK says a fraud detection pilot involving Visa has exceed expectations, suggesting that it could save the country's economy over £112 million a year. CBA pilots NameCheck technology on JPMorgan's Liink blockchain https://www.finextra.com/newsarticle/44216/cba-pilots-namecheck-technology-on-jpmorgans-liink-blockchain?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44216/cba-pilots-namecheck-technology-on-jpmorgans-liink-blockchain?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 30 May 2024 00:01:00 GMT Commonwealth Bank of Australia is to help validate bank account details used in international payments to Australia by integrating its NameCheck technology with JPMorgan's blockchain network Liink. EBAday 2024: 100 banks registered and ready to fuel the payments technology conversation https://www.finextra.com/newsarticle/44215/ebaday-2024-100-banks-registered-and-ready-to-fuel-the-payments-technology-conversation?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44215/ebaday-2024-100-banks-registered-and-ready-to-fuel-the-payments-technology-conversation?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 29 May 2024 11:06:00 GMT Q. What does the payments sector look for in a conference? A. The number of banks registered to attend and the number of bank speakers on the agenda, ready to openly communicate to the audience how they are currently leveraging technology. ABN Amro on alert as supplier hit by ransomware attack https://www.finextra.com/newsarticle/44208/abn-amro-on-alert-as-supplier-hit-by-ransomware-attack?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44208/abn-amro-on-alert-as-supplier-hit-by-ransomware-attack?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 28 May 2024 11:15:00 GMT ABN Amro is warning customers that their personal details may be at risk after a ransomware attack at one its supplier. Barclays invests in former Rise Academy alumni Velotix https://www.finextra.com/newsarticle/44198/barclays-invests-in-former-rise-academy-alumni-velotix?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44198/barclays-invests-in-former-rise-academy-alumni-velotix?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 23 May 2024 09:55:00 GMT AI-based data security platform Velotix has secured funding from Barclays Bank and Capri Ventures. Google Pay lets customers ditch CVVs for biometrics https://www.finextra.com/newsarticle/44193/google-pay-lets-customers-ditch-cvvs-for-biometrics?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44193/google-pay-lets-customers-ditch-cvvs-for-biometrics?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 23 May 2024 00:01:00 GMT Google Pay has received a revamp to make it easier for shoppers to see card benefits, use BNPL on more sites, and ditch CVV codes in favour of biometrics at checkout. Mastercard takes GenAI to the Dark Web https://www.finextra.com/newsarticle/44189/mastercard-takes-genai-to-the-dark-web?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44189/mastercard-takes-genai-to-the-dark-web?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 23 May 2024 00:01:00 GMT Mastercard is using generative AI to double the speed at which it can detect potentially compromised cards. UK bank fraud losses topped £1 billion last year https://www.finextra.com/newsarticle/44186/uk-bank-fraud-losses-topped-1-billion-last-year?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44186/uk-bank-fraud-losses-topped-1-billion-last-year?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 22 May 2024 09:51:00 GMT Fraud losses in the UK dropped by four percent in 2023, but still topped the £1 billion high watermarket. Barclays issues monthly 'Scams Bulletin' https://www.finextra.com/newsarticle/44172/barclays-issues-monthly-scams-bulletin?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44172/barclays-issues-monthly-scams-bulletin?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 21 May 2024 00:01:00 GMT Barclays has launched a monthly 'Scams Bulletin' to inform consumers of emerging trends in criminal fraud tactics. NVIDIA and Bunq fight financial fraud with GenAI https://www.finextra.com/pressarticle/101006/nvidia-and-bunq-fight-financial-fraud-with-genai?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101006/nvidia-and-bunq-fight-financial-fraud-with-genai?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 03 Jun 2024 09:44:00 GMT European neobank bunq is debunking financial fraudsters with the help of NVIDIA accelerated computing and AI. Socure and Oscilar to combine risk management with ID verification https://www.finextra.com/pressarticle/100988/socure-and-oscilar-to-combine-risk-management-with-id-verification?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/100988/socure-and-oscilar-to-combine-risk-management-with-id-verification?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 30 May 2024 15:21:00 GMT Leading provider of AI-driven risk management solutions, Oscilar and Socure, the leading provider of artificial intelligence for digital identity verification, sanction screening, and fraud prevention, announced a partnership that will set a new standard in digital identity verification, fraud prevention and risk management for financial institutions. Mastercard opens European Cyber Resilience Centre in Belgium https://www.finextra.com/pressarticle/100986/mastercard-opens-european-cyber-resilience-centre-in-belgium?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/100986/mastercard-opens-european-cyber-resilience-centre-in-belgium?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 30 May 2024 13:33:00 GMT Mastercard today announced the opening of its European Cyber Resilience Centre (ECRC) at its European Headquarters reaffirming the company’s commitment to combatting cyber threats and enhancing resilience in the region. Mangopay debuts AI-driven fraud prevention package https://www.finextra.com/pressarticle/100983/mangopay-debuts-ai-driven-fraud-prevention-package?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/100983/mangopay-debuts-ai-driven-fraud-prevention-package?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 30 May 2024 12:13:00 GMT Mangopay, a modular and flexible payment infrastructure provider for platforms, today announces the launch of its new Fraud Prevention solution. HSBC launches payment pre-validation API for business customers https://www.finextra.com/pressarticle/100982/hsbc-launches-payment-pre-validation-api-for-business-customers?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/100982/hsbc-launches-payment-pre-validation-api-for-business-customers?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 30 May 2024 12:11:00 GMT HSBC has introduced a new Payment Pre-Validation API (Application Programming Interface) to help business customers make payments with greater security, ease and confidence, by offering enhanced capabilities to verify payee details prior to initiating payments, making them faster and more reliable. Over a third of fraud attempts targeting financial institutions now use AI https://www.finextra.com/pressarticle/100975/over-a-third-of-fraud-attempts-targeting-financial-institutions-now-use-ai?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/100975/over-a-third-of-fraud-attempts-targeting-financial-institutions-now-use-ai?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 30 May 2024 09:43:00 GMT Signicat, the European leader in digital identity and fraud prevention solutions, today announces a new report on the growing threat of AI-driven identity fraud in partnership with independent consultancy Consult Hyperion. Fido Alliance introduces Face Verification Certification for remote biometrics https://www.finextra.com/pressarticle/100959/fido-alliance-introduces-face-verification-certification-for-remote-biometrics?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/100959/fido-alliance-introduces-face-verification-certification-for-remote-biometrics?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 29 May 2024 11:44:00 GMT The FIDO Alliance announced today the launch of the first globally available certification program to test and certify the performance of remote biometric identity verification technology when verifying a user against a trusted identity document for accuracy, liveness, and bias. Currencycloud selects Form3 for Confirmation of Payee https://www.finextra.com/pressarticle/100950/currencycloud-selects-form3-for-confirmation-of-payee?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/100950/currencycloud-selects-form3-for-confirmation-of-payee?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 29 May 2024 09:04:00 GMT Form3, the cloud-native account-to-account platform, today announces that Currencycloud, a Visa solution focusing on simplifying business in a multi-currency world, has selected them to provide account verification technology to support Confirmation of Payee (CoP) activity, designed to reduce fraud in the UK. Mastercard joins UNDP to fight digital scams https://www.finextra.com/pressarticle/100923/mastercard-joins-undp-to-fight-digital-scams?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/100923/mastercard-joins-undp-to-fight-digital-scams?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 24 May 2024 13:19:00 GMT Mastercard joins UNDP, United Nations Development Programme, signing a Memorandum of Understanding to collaborate towards deepening the understanding of development impact of digital scams, and ways to detect and address them. Zwipe collaborates with Ermes srl to distribute biometric sccess cards in Italy https://www.finextra.com/pressarticle/100857/zwipe-collaborates-with-ermes-srl-to-distribute-biometric-sccess-cards-in-italy?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/100857/zwipe-collaborates-with-ermes-srl-to-distribute-biometric-sccess-cards-in-italy?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 21 May 2024 12:22:00 GMT Ermes srl, one of the leaders in providing solutions for the identification and security of people, has signed a distribution agreement with Zwipe, a pioneer and world leader in the development of biometric technology on cards for identification, access control and payment. SurePay joins forces with FIS on verification and Confirmation of Payee https://www.finextra.com/pressarticle/100850/surepay-joins-forces-with-fis-on-verification-and-confirmation-of-payee?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/100850/surepay-joins-forces-with-fis-on-verification-and-confirmation-of-payee?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 21 May 2024 10:19:00 GMT SurePay today announced that it has joined forces with FIS, making it easy for PSP’s in the partner ecosystem to access its CoP/VoP solution and comply with upcoming regulatory changes and start protecting their customers against fraud and friction. Dwolla partners Visa for A2A account verification https://www.finextra.com/pressarticle/100831/dwolla-partners-visa-for-a2a-account-verification?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/100831/dwolla-partners-visa-for-a2a-account-verification?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 17 May 2024 13:04:00 GMT Leading U.S.-based account-to-account (A2A) payment solution provider, Dwolla and Visa today announced its strategic collaboration, to bring advanced account verification capabilities to Dwolla’s A2A solution. Reducing banks' carbon footprint: What can be done to achieve environmental targets? https://www.finextra.com/videoarticle/3098/reducing-banks-carbon-footprint-what-can-be-done-to-achieve-environmental-targets?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3098/reducing-banks-carbon-footprint-what-can-be-done-to-achieve-environmental-targets?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 28 May 2024 12:00:00 GMT Join FinextraTV at the Temenos Community Forum 2024 as Kalliopi Chioti, Chief Marketing & ESG Officer at Temenos, and Dan Broten, CTO of EQ Bank, discuss how technology helps banks measure and reduce their carbon footprint. They highlight the role of SaaS in improving scalability, security, and sustainability targets; emphasise the importance of measuring emissions, and showcase the collaborative efforts required to enhance carbon efficiency with innovations. Effective decision making: Leveraging AI for growth and efficiency https://www.finextra.com/videoarticle/3096/effective-decision-making-leveraging-ai-for-growth-and-efficiency?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3096/effective-decision-making-leveraging-ai-for-growth-and-efficiency?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 23 May 2024 11:49:00 GMT Join FinextraTV at the Temenos Community Forum 2024 in Dublin as Prema Varadhan, President Product & COO of Temenos, delves into the transformative potential of artificial intelligence in banking. We explore specific use cases across banking operations, highlighting how generative AI, combined with explainable AI, enhances customer interactions, streamlines back-office processes, and improves risk and compliance screenings. We also review the measurable value generative and responsible AI bring to banks in terms of innovation, customer centricity, and operational efficiency. The Evolution of Fraud Detection https://www.finextra.com/videoarticle/3093/the-evolution-of-fraud-detection?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3093/the-evolution-of-fraud-detection?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 20 May 2024 15:11:00 GMT Join FinextraTV in discussion with Megan Heald, Senior Product Manager at NICE Actimize, at NextGen Nordics 2024 as we explore how innovation and regulation have sculpted the anti-fraud landscape over the past two decades, contrast the present state of fraud detection with past approaches, and glean essential insights from future trends and strategies for safeguarding institutions against fraud. Cybercrime: What to Expect from Malware-as-a-Service? https://www.finextra.com/videoarticle/3087/cybercrime-what-to-expect-from-malware-as-a-service?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3087/cybercrime-what-to-expect-from-malware-as-a-service?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 07 May 2024 17:03:00 GMT Scott Olson, CMO, Outseer, taps into insights from their upcoming ‘Global Fraud and Scams Trend Report’ to explore what has exerted the most significant influence on fraud threats and mitigation since 2023. Artificial Intelligence – generative, predictive, or otherwise – continues to garner attention, but with new types of AI coming to the fore, fraudsters are also evolving which is leading to increased social engineering, phishing, and malware. The discussion also dives into staggering increases in Malware-as-a-Service and how unsophisticated fraudsters are now executing malicious programmes on consumer devices, overlaying legitimate banking apps with malware to steal personal information. Confirmation of Payee & Account Verification: Addressing the rising complexity of fraud https://www.finextra.com/videoarticle/3085/confirmation-of-payee--account-verification-addressing-the-rising-complexity-of-fraud?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3085/confirmation-of-payee--account-verification-addressing-the-rising-complexity-of-fraud?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 02 May 2024 12:40:00 GMT At NextGen Nordics 2024, FinextraTV and Kannan Rassapan, CEO of Banfico, dive into the evolving landscape of account verification services and Confirmation of Payee (CoP) implementation in the Nordics. Learn how these initiatives combat rising fraud and explore how current efforts in Europe and around the world can help to tackle fraudulent activities. Uncover the challenges associated with implementing a pan-European solution to meet regulatory requirements and ensure secure transactions across borders. Pivotal trends for sustainable growth in financial services https://www.finextra.com/videoarticle/3082/pivotal-trends-for-sustainable-growth-in-financial-services?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3082/pivotal-trends-for-sustainable-growth-in-financial-services?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 25 Apr 2024 09:39:00 GMT Amidst the evolving financial services landscape, three pivotal trends have emerged: operational resilience, generative artificial intelligence, and modernisation. As institutions navigate the complexities of digital transformation, the importance of building resilient systems, harnessing the power of gen AI responsibly, and modernising tech stacks becomes increasingly evident. In a conversation with Monica Sasso, Global Financial Services Digital Transformation Lead at Red Hat, we delve into these trends, exploring their implications and the strategies needed for sustainable growth. “Ubiquitech” The five key pillars for digital transformation https://www.finextra.com/videoarticle/3081/ubiquitech-the-five-key-pillars-for-digital-transformation?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3081/ubiquitech-the-five-key-pillars-for-digital-transformation?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 23 Apr 2024 10:35:00 GMT In this episode of Unplugged, Ruth Wandhofer, Chair of the Ubiquitech Group, discusses the UK’s transition from Fintech to “Ubiquitech”, the era of ubiquitous technology, and the road map to ensuring a sustainable, inclusive, and accessible digital economy. We review strategic recommendations for cyber security, digital systems in trade, and the digital skills education needed to support the UK’s digital economy. Unveiling Fintech's Future: The innovations and regulations making change https://www.finextra.com/videoarticle/3080/unveiling-fintechs-future-the-innovations-and-regulations-making-change?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3080/unveiling-fintechs-future-the-innovations-and-regulations-making-change?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 19 Apr 2024 16:09:00 GMT During UK FinTech Week at IFGS 2024, Gurdeep Singh Kohli of Standard Chartered Ventures, discusses the impact of digital disruptors on UK FinTech, citing regulatory support and funding as key drivers. He highlights Challenger banks' success in improving client experiences and addressing SME needs. We look at approaches to innovation, emphasizing experimentation and the importance of security in emerging technologies like digital assets and artificial intelligence. Fintech & Beyond: The wider industry impact https://www.finextra.com/videoarticle/3073/fintech--beyond-the-wider-industry-impact?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3073/fintech--beyond-the-wider-industry-impact?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 16 Apr 2024 10:48:00 GMT Kicking off UK Fintech week at the 10th year of IFGS, Janine Hirt, CEO of Innovate Finance, speaks to FinextraTV about the impact of Fintech across non-financial industries and the importance of collaboration between Fintechs, government, industry and regulators in shaping the economy, addressing inequality, and strengthening social justice and peace. We hear about how the consumer will benefit from Embedded Finance and Open Data and the role AI, regulation and push payment fraud will play in helping drive sustainable finance over the next 10 years. E-commerce payment strategies: Choosing the right partner for your business https://www.finextra.com/videoarticle/3059/e-commerce-payment-strategies-choosing-the-right-partner-for-your-business?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3059/e-commerce-payment-strategies-choosing-the-right-partner-for-your-business?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 18 Mar 2024 16:34:00 GMT Speaking at MPE 2024, Ugne Buraciene, Group CEO at payabl., discusses the responsibilities of merchants, payment facilitators and the marketplace in online payments, as well as the benefits and drawbacks of each model for businesses. We explore the challenges fraud creates for merchants, the importance of technology in mitigating these challenges, and future plans for seamless payment infrastructure. Financial Forecast 2024: What's Ahead? https://www.finextra.com/videoarticle/3058/financial-forecast-2024-whats-ahead?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3058/financial-forecast-2024-whats-ahead?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 27 Feb 2024 14:21:00 GMT In this episode of Predict 2024, Edward Harding, Director of Global Strategic Partnerships at Mambu, discusses the upcoming webinar on Mambu’s 2024 partner predictions report, highlighting how trends are shaping financial services and influencing strategies in the year ahead. We learn about Mambu's partnership-driven approach to industry challenges, examine rising trends such as embedded finance and generative AI, and get a preview of what to expect from the webinar on March 6th. Harmonizing AI solutions in the fight against fraud https://www.finextra.com/videoarticle/3054/harmonizing-ai-solutions-in-the-fight-against-fraud?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3054/harmonizing-ai-solutions-in-the-fight-against-fraud?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 16 Feb 2024 09:56:00 GMT Yogesh Patel, CTO, Outseer, discusses how the evolving capabilities of artificial intelligence are reshaping fraud detection and prevention, particularly in banking. We delve into the difference between generative and predictive AI and their surprising applications, such as the rising impact of predictive AI on payment fraud mitigation, and generative AI for operational efficiency and case marking. Additionally, we discuss the importance of data quality in AI for algorithms, feature engineering, and model adaptability, to optimize security against fraudulent behaviours and enhance model efficiency. Watch to learn more about how AI will impact the future of fraud. Payment trends to watch in 2024 https://www.finextra.com/videoarticle/3053/payment-trends-to-watch-in-2024?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3053/payment-trends-to-watch-in-2024?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 15 Feb 2024 12:19:00 GMT In today's financial landscape, the growth of instant and account-to-account payments is countered by a rise in fraud. In this episode of Predict 2024, Ed Metzger, Vice President of Market Planning Payments Efficiency at LexisNexis® Risk Solutions, shares his forecast for emerging payment trends. Focusing on the impact on financial institutions and customers, we discuss how solutions like LexisNexis® Risk Solutions' Safe Payment Verification will enhance banking practices by verifying account ownership and optimizing cross-border fund transfers. Additionally, we explore why corporates are moving payments in-house and identify growth opportunities for banks through adopting banking-as-a-service platforms. AI and Synthetic Data: Fighting Financial Fraud and Protecting Customers https://www.finextra.com/featurearticle/2816/ai-and-synthetic-data-fighting-financial-fraud-and-protecting-customers?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/featurearticle/2816/ai-and-synthetic-data-fighting-financial-fraud-and-protecting-customers?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 29 May 2024 16:47:00 GMT Watch this webinar to understand why integrating internal, external, and synthetic data to update AI models is the best strategy to protect transactions and customers from fraud. AI & beyond: The evolution of secure customer banking experiences https://www.finextra.com/featurearticle/2812/ai--beyond-the-evolution-of-secure-customer-banking-experiences?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/featurearticle/2812/ai--beyond-the-evolution-of-secure-customer-banking-experiences?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 23 May 2024 15:32:00 GMT Watch this webinar to learn how modern technologies like artificial intelligence and machine learning can help financial services better combat fraud – not just at the point of transaction, but throughout the entire customer journey. Payments modernisation: What are financial institutions prioritising? https://www.finextra.com/featurearticle/2810/payments-modernisation-what-are-financial-institutions-prioritising?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/featurearticle/2810/payments-modernisation-what-are-financial-institutions-prioritising?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 17 May 2024 10:37:00 GMT Watch this webinar, hosted in association with Volante Technologies, to discover why cloud equals capabilities and how organisations are allocating their modernisation budgets. Financial Fraud: How to Optimise Claims and Investigations Procedures https://www.finextra.com/featurearticle/2808/financial-fraud-how-to-optimise-claims-and-investigations-procedures?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/featurearticle/2808/financial-fraud-how-to-optimise-claims-and-investigations-procedures?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 15 May 2024 12:28:00 GMT Watch this webinar to learn how financial services companies are using innovative technology and practices to fight fraudsters amid a changing regulatory climate. How to optimise credit card authentication to drive profit with AI and 3DS https://www.finextra.com/featurearticle/2805/how-to-optimise-credit-card-authentication-to-drive-profit-with-ai-and-3ds?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/featurearticle/2805/how-to-optimise-credit-card-authentication-to-drive-profit-with-ai-and-3ds?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 16 Apr 2024 16:33:00 GMT 3DS is more than just a commodity – it’s a hidden gem that can help banks increase authorisation rates, decrease losses, and drive revenue. Achieving Cybersecurity in Finance Through Collaborative Efforts https://www.finextra.com/blogposting/26263/achieving-cybersecurity-in-finance-through-collaborative-efforts?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/blogposting/26263/achieving-cybersecurity-in-finance-through-collaborative-efforts?utm_medium=rssfinextra&utm_source=finextrafeed Sun, 02 Jun 2024 11:45:16 GMT In the rapidly evolving landscape of financial technology, the convergence of innovative digital sol... Swift and Global Banks launch AI pilots to tackle Cross-Border Payment Fraud https://www.finextra.com/blogposting/26271/swift-and-global-banks-launch-ai-pilots-to-tackle-cross-border-payment-fraud?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/blogposting/26271/swift-and-global-banks-launch-ai-pilots-to-tackle-cross-border-payment-fraud?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 03 Jun 2024 15:37:13 GMT Swift and Global Banks Team Up to Combat Cross-Border Payment Fraud with AI Swift, the global financ... Sponsor's message: [Webinar] Trade based financial crime: Mitigating TBFC compliance risk with technology https://www.finextra.com/banners/banner.aspx?opt=ad&baid=7420 https://www.finextra.com/banners/banner.aspx?opt=ad&baid=7420 Tue, 30 Apr 2024 00:00:00 GMT [Webinar] Trade based financial crime: Mitigating TBFC compliance risk with technology