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Rapid Finance has introduced a network monitoring feature within its data aggregation platform, Lynx, to improve fraud detection and maintain data integrity for financial institutions.
fraud detection, artificial intelligence, data, financial institutions, SMEs
Artificial intelligence software provider Lynx has entered a strategic collaboration with NTT DATA to utilise its network and insights to scale its solutions across the UK and EU.
partnership, fraud management, fraud detection, fraud prevention, financial services, regulation
AI software provider Lynx has announced the launch of its new Lynx Mule Account Detection product, aiming to stop organised crime and protect customers from fraud.
product launch, fraud management, fraud detection, online fraud, money laundering, AML
Rob Magee, Program Director – ISO 20022 Industry Migration at AusPayNet, discusses the evolution and interoperability of cross-border payments under the ISO 20022 standard.
online payments, ISO 20022, cross-border payments, SWIFT, payments , payments infrastructure
Ulrike Guigui and Raquel Gomez Sirera from Deloitte share insights on how global businesses can leverage the ISO 20022 standard to enhance their operations across borders and the regulatory aspects of adopting it.
cross-border payments, regulation, ISO 20022, customer experience, AML, KYC, cross-border ecommerce
Stephen Yun, Senior Analyst of Research at Payments Canada, covers digital payments adoption in Canada and the driving forces behind this growth.
payments , payment methods, digital payments, ecommerce, merchants, BNPL, cryptocurrency, online payments, real-time payments, regulation
Europe-based paytech Nexi has announced its partnership with Compass to enable the latter’s BNPL digital solution on its SmartPOS.
partnership, BNPL, payment methods, ecommerce, POS
AI anti-fraud detection software company, Lynx, has recently announced it secured a Series A funding round of EUR 17 million, with the participation of Forgepoint Capital.
funding, risk management, fraud prevention, cybersecurity, artificial intelligence, machine learning, unsupervised machine learning, cybercrime, ecommerce, online fraud, fraud platform, expansion, partnership, financial crime, money laundering
Global identity and secure digital services provider IN Groupe has entered an agreement with Nexi to acquire the latter’s eID business.
acquisition, identity verification, digital identity, fraud management, digital payments
Payments Canada has selected and partnered with Nexi to further enhance the resilience of Lynx, Canada’s payment system.
paytech, partnership, digital payments, real-time payments
US-based financial service provider Rapid Finance has announced the integration of its AI-ready fraud detection platform, Lynx, on the Microsoft Azure Marketplace.
data, financial data, data aggregation, artificial intelligence, KYC, fraud prevention
CB International Bank (CBiBank) has launched a cross-border B2B payments solution and joined the Visa B2B Connect platform for faster, more secure B2B payment services.
cross-border payments, partnership, B2B payments, banks, payment processing
Payments Canada has announced the launch of the second release of Lynx, Canada’s high-value payment system, now augmented with ISO 20022 certification.
product launch, ISO 20022, financial data, data sharing, reconciliation, settlement
Nexi, an Italy-based fintech, has announced a five-year partnership with IBM to modernise its core payment technology and lower its related emissions.
partnership, payments , fintech, financial institutions, digital payments
Payments Canada has announced delaying the launch of the Real-Time Rail (RTR) payment system, as it reportedly needs more time to validate and test the system’s end-to-end integration.
real-time payments, product launch, payments infrastructure, instant payments
Visa Canada and TD Securities have announced TD as the first Canadian financial institution to join Visa B2B Connect.
partnership, B2B payments, cross-border payments, payment methods, real-time payments, ecommerce
John Cowan, Chief Technology and Operations Officer at Payments Canada, elaborates on the RTR and its benefits for consumers and businesses.
real-time payments, payment methods, RTR, ISO 20022, Interac, API, Payments Canada
‘P2E games and their metaverse ecosystems have the potential to become the financial inclusion layer that the Fourth Industrial Revolution technology stack will require’, Mike Penner, CEO at Lynx Global Digital Finance Corporation
metaverse, NFT, mobile payments, online payments, financial services
Canada-based Lynx has extended its financial infrastructure to include support for metaverse based services.
product launch, blockchain, crypto, remittances
Lynx has announced the acquisition of a significant stake in StyloPay.
investment, IBAN, e-wallet, prepaid card, cryptocurrency