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Source: FIS

Global financial technology leader FIS (NYSE: FIS) has today announced that its SecurLOCK card fraud management solution is poised to deliver an increase in accurately identified and prevented fraudulent card transactions utilizing a new collaboration with FIS Fintech Accelerator alumnus Stratyfy.

Source: Cashfree Payments

Cashfree Payments, India's leading payments and API banking company, announced the launch of ‘RiskShield’, India’s first real-time risk management solution for payment gateways. It aims at reducing fraudulent activities upto 40%.

Source: e& enterprise

e& enterprise today announced its strategic partnership with Fils, a groundbreaking fintech platform, establishing a new standard in the digital payments sector by promoting sustainability.

Source: Payment Systems Regulator

The Payment Systems Regulator (PSR) has appointed Dan Moore as its new Head of Strategy and Intelligence.

Source: ACI Worldwide

Authorized Push Payment (APP) scam losses are on the rise and expected to climb to $6.8 billion — a combined compound annual growth rate (CAGR) of 11% — by 2027 across six leading real-time payment markets (U.S., U.K., India, Brazil, Australia and Saudi Arabia) according to Scamscope, a new report by global payments software company ACI Worldwide and GlobalData, a leading global analytics firm.

The Consumer Financial Protection Bureau (CFPB) is aiming to extend regulatory oversight to tech giants like Apple and Google, which provide digital payment apps and wallets.

Lloyd's of London, the insurance marketplace, has issued a cautionary statement, suggesting that a major cyber attack on a systemic payments system could result in a staggering $3.5 trillion economic impact on the world.

Financial regulatory authorities from the United Kingdom, Singapore, Switzerland, and Japan have initiated a collaborative effort to explore potential applications of fund and asset tokenization as well as decentralized finance (DeFi).

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