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IndustryUpdate

Team8 offers guidance on combatting transactions within traditional banking platforms, the
AI-powered fraud partners stated, adding that as a preferred API partner
for Metal Pay, Payfinia enables seamless money move-
Team8 released Fraud Exposed, a report analyzing how ment and crypto trading. Payfinia also joined Metallicus’
AI and disruptive technologies are reshaping fraud. Banking Innovation Program, collaborating on compli-
Written by Team8’s fintech leadership with insights ant financial solutions like stablecoins and digital iden-
from Mastercard, Moody’s, AWS, and others, the report tity.
highlights the fusion of fraud prevention and cybersecu-
rity teams, AI-powered defenses, and the role of evolv- VikingCloud, Fiserv take on cyber thieves
ing regulations. The report also explores how scammers
increasingly exploit human vulnerabilities rather than VikingCloud, a cybersecurity and PCI compliance com-
just systems, and it advocates for a lifecycle approach pany, formed a multi-year partnership with Fiserv to
to fraud prevention to stay ahead of emerging threats. provide SMBs with cybersecurity solutions that require
In discussing the report, Managing Partner Ronen Assia no internal technical expertise. SMBs are prime targets
stressed the need for intelligence-driven strategies as for cybercriminals, yet only 29 percent rate their defens-
AI-driven fraud accelerates. es as mature, the partners stated. VikingCloud CEO Jim
Burke emphasized the need for simple, cost-effective
PARTNERSHIPS protections to counter increasing cyber threats. Fiserv's
Casey Klyszeiko highlighted the role of innovation in
safeguarding transactions. VikingCloud noted that it
Aevi, IXOPAY to advance payment orchestration currently manages cybersecurity and PCI compliance for
more than 4 million merchants worldwide.
Aevi and IXOPAY partnered to unify global payment
systems by integrating Aevi’s in-person payment orches- Worldline, FreedomPay team up
tration with IXOPAY’s enterprise-grade digital pay- for travel, hospitality
ment platform. This collaboration is designed to allow
merchants to manage in-person and online transactions Worldline partnered with FreedomPay to enhance pay-
seamlessly, connect any POS device to multiple proces- ment solutions in the travel and hospitality sector across
sors, optimize payment routing for cost savings, and Europe, with future expansion into retail. Launching
support diverse payment methods without extra inte- mid-2025, the collaboration integrates FreedomPay’s
grations. The partnership enhances flexibility, scalability Host2Host gateway with Worldline’s acquiring and
and transaction success rates, empowering businesses to dynamic currency conversion services to support seam-
adapt to evolving payment needs, the partners noted, less card-present and card-not-present transactions. The
adding that their unified solution will deliver friction- solution is expected to streamline hotel operations,
less, best-in-class payment experiences without provider improve customer experience, provide data-driven
lock-in. insights and ensure seamless system integration. The
companies affirmed that their partnership strengthens
Intermex launches wire their positions in the European hospitality market.
transfers via WhatsApp
Intermex said it launched wire transfers via WhatsApp, ACQUISITIONS
making money transfers seamless and secure for U.S.
Hispanics, 95 percent of whom use the app. This innova- Lenders Cooperative, Ventures Lending merge
tion simplifies remittances by integrating transactions
into a trusted messaging platform, the company added.
Chief Digital Officer Marcelo Theodoro emphasized the Lenders Cooperative merged with Ventures Lending
ease of sending money “like a message.” The feature Technologies to strengthen its position as a leading pro-
also provides real-time support and tracking, Intermex vider of commercial loan origination and servicing solu-
noted. Initially launching in key markets, Intermex tions. The combined company, which chose to retain the
stated, this move aligns with its digital-first strategy, Lenders Cooperative name, said the merger enhances
reinforcing its commitment to financial inclusion and the company's ability to support banks, credit unions,
enhancing accessibility for Latino communities. CDCs, CDFIs, and fintech lenders with AI-driven work-
flows, integrated payments and expanded POS lending
Payfinia, Metallicus team up solutions. With Ventures’ expertise in SBA 504 and 7a
on instant payments, crypto loan processing and Lenders Cooperative’s track record
in large-scale lending initiatives, the revitalized entity
Metallicus partnered with Payfinia to provide credit said it now supports over 500 financial institutions,
unions with embedded instant payments and crypto- delivering a seamless and innovative lending experience
currency services. By integrating Metallicus’ blockchain from application to loan management.
solutions and Payfinia’s instant payment framework,
credit unions can offer members secure fiat-to-crypto
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