In the fast-moving payments sector, preemptively addressing financial crime is not just crucial; it’s essential.
According to Quantifind, the pressure on payment service providers (PSPs) is monumental due to increased regulatory demands and evolving criminal tactics.
The key challenge is achieving effective, rapid, and scalable crime detection and prevention.
At Quantifind, the firm said it believes the future of combating these risks lies in AI-driven risk intelligence.