Ant International has announced the launch of its AI SHIELD to improve financial AI security for clients and partners.

AI-enabled digital identity verification provider ADVANCE.AI has announced the launch of AdvanGuard, a unified KYC platform designed for the crypto and Web3 industry.

Alloy, an identity and fraud prevention platform provider, has announced the launch of a perpetual Know Your Customer (pKYC) solution optimised by AI insights.

Global Payments orchestration platform IXOPAY has strengthened its commitment to responsible AI by signing the Cloud Security Alliance’s AI trustworthy pledge.

ParaScript has partnered with BIRGER., a provider of technology solutions in the Eastern African region, to bring AI-powered check processing to Mauritius Bank.

Compass Plus Technologies has launched FraudAxis, a fraud management platform designed to help financial institutions detect, prevent, and predict fraud in real-time across all payment channels.

SEON has announced its USD 80 million Series C funding round, aimed at optimising its AI-powered product development and talent acquisition.

Swift, together with 13 global financial institutions, has conducted experiments, with results showcasing how AI and secure cross-border data collaboration could have on minimising fraud in global payments.