This post was originally published on Finextra (Security)
As real-time payments gain momentum, financial institutions are faced with attempting to deliver seamless digital payment experiences while also mitigating against sophisticated fraudsters. This year’s NextGen Nordics event at the Münchenbryggeriet in Stockholm, Sweden, on 29 April 2025, will spotlight how the industry is redefining fraud prevention in the era of instant payments.
Editorial
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Fighting fraud with intelligence and innovation at the forefront
The Nordic financial ecosystem is evolving fast to address the complexity of real-time fraud threats, encouraging organisations to no longer rely on reacting to financial crime. Nordic organisations are taking a proactive approach to fraud mitigation by embedding AI-driven analytics, behavioural biometrics and transaction monitoring.
The panel session at NextGen Nordics on ‘Faster Payments, Faster Fraud – How Are Financial Institutions Addressing the Rising Risk of Fraud in Real-Time Transactions?, will explore the ways in which Nordic financial players are enhancing fraud risk management, while leveraging technology to stay one step ahead.
Implementation of Verification of Payee as a game changer
One development that stands out in the path towards fraud mitigation is the implementation of VoP, which ensures the
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