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Find here all the latest articles, news, and research on Payment Fraud and other Payment Fraud-related topics:

Find here all the latest articles, news, and research on Payment Fraud and other Payment Fraud-related topics:

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Basware launches AI-enabled solution

News | Digital Identity, Security & Online Fraud | 23 Apr 2024

Finland-based e-invoicing company Basware has announced the launch of AP Protect, an AI-enabled solution that aims to safeguard businesses from fraud and invoice errors. 

product launch, fraud management, fraud detection, payment fraud, e-invoicing

Key ecommerce and payments trends in 2024

Interviews | Online Payments | 15 Apr 2024

We sat down with Tracy Kobeda Brown, VP of Programs and Technology with the MRC, to learn more about the insights and implications of the 2024 survey – and how payments and fraud leaders can be prepared to meet the challenges and opportunities that lie ahead.


ecommerce, ecommerce platform, online payments, payments , BNPL, local payment method, fraud detection, online fraud, fraud prevention, identity fraud, payment fraud, account takeover, phishing, bot attacks, artificial intelligence, generative AI, machine learning, refund, refund fraud

Adyen: UK retail sector loses GBP 11.3 bln to payment fraud yearly

News | Digital Identity, Security & Online Fraud | 09 Apr 2024

Adyen and the Centre for Economic Business and Research have reported that over a third of UK retail businesses lost on average GBP 1.4 mln each to fraud in 2023.

payment fraud, cybercrime, retail, research, PSD3

Eurojust aids cross-border crackdown on EUR 2 bln fraud scheme

News | Digital Identity, Security & Online Fraud | 06 Mar 2024

Eurojust has aided a multinational investigation on EUR 2 billion money laundering scheme, implicating 3 main suspects across Italy, Latvia, and Lithuania.

AML, fraud detection, fraud prevention, payment fraud, fraud rings

Raiffeisen Bank undergoes AML controls investigation

News | Digital Identity, Security & Online Fraud | 26 Feb 2024

The Financial Market Authority (FMA) has initiated an investigation into Raiffeisen Bank International (RBI) over Anti-Money Laundering (AML) failures in Austria.

money laundering, AML, regulation, payment fraud, banking, KYC

Mitek launches MiControl

News | Digital Identity, Security & Online Fraud | 19 Feb 2024

ID verification and fraud prevention provider Mitek has announced the launch of MiControl, a fraud management console that assists the company’s Check Fraud Defender.  

fraud management, fraud detection, fraud prevention, payment fraud, banking

Revolut launches scam detection feature

News | Digital Identity, Security & Online Fraud | 16 Feb 2024

Global fintech company Revolut has announced the introduction of a scam detection feature that leverages AI to protect customers against card scams.

scam, artificial intelligence, fraud management, fraud detection, online fraud, payment fraud, APP fraud

SEON becomes part of the AWS ISV Accelerate Programme

News | Digital Identity, Security & Online Fraud | 06 Feb 2024

Hungary-based SEON has become part of the Amazon Web Services (AWS) Independent Software Vendor (ISV) Accelerate Programme.

fraud prevention, machine learning, artificial intelligence, payment fraud

Lloyds Bank report shows a 22% increase in romance scams

News | Digital Identity, Security & Online Fraud | 05 Feb 2024

Lloyds Bank has released its latest data on romance scams and it shows that the number of people falling victim to these scams has increased by 22% in 2023 compared to the previous year. 

report, romantic scam, fraud prevention, money scam, payment fraud

AccessPay launches Confirmation of Payee and Sanctions Screening

News | Digital Identity, Security & Online Fraud | 30 Jan 2024

UK-based corporate-to-bank integration provider AccessPay has announced the launch of its embedded Confirmation of Payee and Sanctions Screening products. 

product launch, fraud management, fraud detection, fraud prevention, online fraud, payment fraud

Payment fraud attempts on US business spike according to study

News | Online Payments | 23 Jan 2024

A new study conducted by Trustpair has mentioned that payment fraud attempts on US businesses grew by 71% in 2023. 

fraud management, fraud detection, research, identity fraud, payment fraud, deep fake, phishing, scam, hacking, fraud prevention, merchant fraud, KYC

Five payments trends to watch in 2024

Voice of the Industry | Online Payments | 16 Jan 2024

Edward Metzger, VP, Marketing Planning Payments Efficiency at LexisNexis Risk Solutions, discusses the five major payments trends we need to watch out for in 2024.

account-to-account payment, online payments, payments , BaaS, API, compliance, payment processing, payment gateway, payment fraud, APP fraud, fraud detection, online fraud, identity theft, digital identity

Navigating holiday shopping fraud: from friendly fraud to emerging trends

Voice of the Industry | Online Payments | 20 Dec 2023

Jordan Chavis from the MRC discusses the challenges of the on-going holiday season and how merchants need to mitigate friendly fraud and chargebacks to keep the phenomenon to a minimum and not cause extra friction to the trustworthy shoppers.


chargebacks, friendly fraud, holiday fraud, ecommerce, fraud detection, online fraud, payment fraud, first-party misuse, generative AI, artificial intelligence, scam, account takeover, phishing, online shopping

Expect first party misuse to boom for the 2023 holiday shopping season

Voice of the Industry | Digital Identity, Security & Online Fraud | 12 Dec 2023

With this year’s holiday season already booming, Roenen Ben-Ami, Co-Founder and Chief Risk Officer at Justt, shares some effective tips on how merchants can fight the rising phenomenon of chargebacks and first-party misuse.


fraud detection, online fraud, first-party misuse, friendly fraud, chargebacks, fraud prevention, payment fraud, artificial intelligence, merchants, PSD2, PSD3, 3-D Secure

Transformative trends in ecommerce and what to expect in 2024

Voice of the Industry | Ecommerce | 07 Dec 2023

Lee Jones, CEO of Merchant Services UK at Worldline, discusses the dynamic evolution in payments and the three key trends for merchants to consider moving into 2024. Emphasising the vital role of cutting-edge technologies, he stresses the need for retailers to ensure frictionless customer experiences and robust, fraud-resistant payment solutions.


ecommerce, ecommerce platform, online platform, online shopping, online payments, payments , digital payments, Tap-to-Pay, PSP, payment fraud, artificial intelligence, two-factor authentication, PSD3

CBA rolls out NameCheck availability to Bendigo Bank and Satori

News | Digital Identity, Security & Online Fraud | 27 Nov 2023

Australia-based Commonwealth Bank has announced that Bendigo Bank and fraud monitoring company Satori are set to pilot its NameCheck tech to protect Australians from scams and mistaken payments.

partnership, fraud prevention, payment fraud, scam, cybersecurity, compliance, regulation, risk management, banking, fintech

Feedzai partners with CoreCard

News | Digital Identity, Security & Online Fraud | 15 Nov 2023

US-based Feedzai has partnered with CoreCard to safeguard the processing market against fraud by leveraging AI-powered defence systems. 

partnership, fraud management, online fraud, payment fraud, fraud prevention, fraud detection

Fraud Prevention in Ecommerce Report 2023-2024

Report | Digital Identity, Security & Online Fraud | 14 Nov 2023

The 5th edition of the Fraud Prevention in Ecommerce Report provides a thorough review of the global state of the fraud ecosystem and how can fraud be prevented.

fraud prevention, CNP fraud, account takeover, fraud management, online fraud, identity fraud, payment fraud, friendly fraud, fraud-as-a-service, ecommerce, regulation, SCA, compliance, PCI compliance, online payments, biometric authentication, biometrics, machine learning, artificial intelligence, digital identity, digital payments, digital onboarding, phishing, vishing, romantic scam, holiday fraud, identity verification, tokenization

Jack Henry launches financial crimes platform

News | Digital Identity, Security & Online Fraud | 18 Oct 2023

Fintech Jack Henry has announced the launch of a cloud-native fraud and anti-money laundering (AML) solution designed with real-time capabilities to help FIs combat financial crime.

product launch, fincrime, AML, fraud prevention, artificial intelligence, cloud services, payment fraud, banking, fintech, financial institutions

Major growth forecasted for the mobile payment security software market

News | Digital Identity, Security & Online Fraud | 05 Sep 2023

A recent study from HTF MI has evaluated the mobile payment security software market, expecting it to grow significantly by 2028. 

online security, tokenization, growth markets, mobile payments, payment fraud, fraud management