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Supplementing artificial intelligence with authentic expertise

A new white paper from Visa, Using Artificial Intelligence to Secure the Future of Payments, investigates the changing characteristics of the fraud landscape and, as the title suggests, the central role that Artificial Intelligence (AI) is coming to play in effective risk management strategies. And it explains why it’s necessary for fraud management teams to […]

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Visa prepares major A2A payment upgrade with UK launch

Visa is gearing up for the 2025 launch of its A2A payments (Account-to-Account) in the UK, marking a significant advancement in its involvement in the country’s payments landscape. Visa prepares major A2A payment upgrade With the predicted explosion in A2A payments, consumers will gain greater control and protection over how they handle bank transfers, promising a

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CBI and SEPAmail.eu set up interoperable IBAN Name Check

In a strategic move to combat fraud and ensure more secure cross-border payments, SEPAmail.eu and CBI have joined forces to offer an interoperable IBAN-Name Check solution. Interoperable IBAN Name Check This collaboration will help Payment Service Providers (PSPs) in both Italy and France comply with regulatory requirements, such as the upcoming Instant Payment Regulation, while

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Report: Instant payments to herald a second digital finance revolution

A new report from FIS argues that the current shift to instant payments – set to total more than one in three transactions by 2030 – represents the start of a second digital finance revolution which will see both retail and corporate customers enjoy faster, safer and more personalised financial services. In their new study, FIS

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A2A payments set for explosive growth by 2029

A new study has revealed that A2A payments (Account-to-Account) are poised for rapid global growth, with transaction volumes expected to rise from 60 billion in 2024 to an astounding 186 billion by 2029, marking a 209% increase. A2A transactions set for explosive growth by 2029 A2A payments, which involve direct bank-to-bank transfers without intermediaries, have gained

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Crypto.com counters SEC with lawsuit over regulatory overreach

Crypto.com has filed a lawsuit against the US Securities and Exchange Commission (SEC), accusing the regulator of overstepping its authority in pursuing the cryptocurrency exchange for the alleged sale of unregistered tokens. Crypto.com counters SEC with lawsuit This move comes after Crypto.com received a Wells notice, a formal warning that the company may face legal

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AI-driven ID Fraud: The battle against financial crime

As artificial intelligence (AI) continues to impact industries, the financial services sector faces a growing threat from AI-driven ID fraud. A recent report, “The Battle Against AI-Driven Identity Fraud“, highlights the increasing sophistication and scale of fraud attacks fuelled by AI, emphasising the urgent need for businesses to prepare for this evolving threat. With AI

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PayPal completes first B2B payment with PYUSD stablecoin

PayPal has taken a significant step in demonstrating the practicality of digital currencies for business transactions by completing its first business-to-business (B2B) payment using its proprietary stablecoin, PYUSD. PayPal completes first B2B payment with PYUSD I have to admit that this story initially passed my by, but I think its actually an important update. The

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The dawn of Open Finance: Revolutionising financial services

The financial services sector is at the forefront of a major transformation – one that moves beyond the already disruptive wave of Open Banking and into the broader ecosystem of Open Finance. This next phase promises to break down the silos within the financial services industry, ushering in an era of seamless, integrated financial experiences.

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