Eastnets: Navigating the New Era of Instant Payments and Global Fraud Prevention

At Money20/20 Europe 2026, Baiba Miezere from Eastnets discusses how the rise of instant payments is fundamentally shifting the fraud landscape and the urgent need for banks to pivot from traditional fraud detection to active, real-time prevention. With transactions now processing in seconds, Miezere explains that financial institutions can no longer afford the luxury of time, as the speed of modern payments requires instant, intelligent risk decisions.

Miezere highlights a significant operational challenge: many banks and fintechs are struggling with fragmented data and siloed systems. This fragmentation forces operational teams to spend the vast majority of their time switching between systems and gathering information, rather than making critical decisions. Eastnets addresses this by unifying these disparate layers, such as anti-money laundering, KYC, and KYB screening, into a single, cohesive view. By consolidating this data, Eastnets empowers banks to stop fraud that moves quickly across borders and systems, effectively turning operational teams back into intelligent decision-makers.

A key part of the solution Miezere outlines is the power of AI, which is being used to combat false positives and navigate complex, rapidly changing regulations, such as sanctions, that can change overnight. Rather than relying on “black box” magic, Miezere emphasises that Eastnets provides auditable, transparent, and compliant AI tools. This approach helps banks reduce friction for their customers while ensuring they stay ahead of global fraud trends. By stepping into their customers’ shoes, Miezere notes that Eastnets is committed to providing the speed, accuracy, and flexibility that today’s global banks need to remain secure and compliant in an increasingly fast-paced financial world.