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90% of Americans Worry About Rise in Fraud, 74% Think AI Will Increase Successful Fraud Attempts, Abrigo Survey Finds

Abrigo, a leading provider of financial crime prevention and risk management solutions for U.S. financial institutions, today announced compelling new survey results revealing how Americans feel about financial fraud, their fears about AI’s impact on fraud, and some misconceptions that endure. The vast majority of Americans (90%) are worried about the rise in fraud: More than half (51%) are “extremely concerned” and another 39% are “somewhat concerned.”

Thursday, August 15, 2024 - 09:55
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/news/fraud-detection/90-americans-worry-about-rise-fraud-74-think-ai-will-increase-successful-fraud
Financial IT
New Debit Card Launches to Help People Accelerate UK Scientific Discovery and Innovation via Everyday Spending

People are now able to support UK innovations across health, climate change and tech by simply spending on their card, with the new Science Card account and Mastercard debit card.

Through its free account, Science Card customers can choose which UK university project(s) they’d like to support and automatically contribute to these projects each time they use their Science Card.

Thursday, August 15, 2024 - 09:51
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/news/payments/new-debit-card-launches-help-people-accelerate-uk-scientific-discovery-and-innovation
Financial IT
Airwallex Processing Volume Surges Past $100 Billion

Airwallex, a leading global payments and financial platform for modern businesses, has surpassed $100 billion in annual processing volume, up 73 percent year-on-year. Airwallex has seen growing volumes across all products, including payments, FX, payouts, and issuing, and an annual run rate revenue approaching $500 million.

Thursday, August 15, 2024 - 09:43
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/news/infrastructure/airwallex-processing-volume-surges-past-100-billion
Financial IT
Vixio Wins Compliance Solution Stevie® Award in 2024 International Business Awards®

Thursday, August 15, 2024 - 09:40
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/news/compliance/vixio-wins-compliance-solution-stevier-award-2024-international-business-awardsr
Financial IT
IDEX Biometrics and TaluCard Bring Inclusive Biometric Payment Solutions to Market in Europe

TaluCard, in collaboration with IDEX Biometrics and a London based issuer is launching its state-of-the-art biometric payment solution. This groundbreaking initiative is set to transform payment solutions with a strong focus on accessibility and security for all users, including those with visual impairments and members of the aging community.

Wednesday, August 14, 2024 - 13:30
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/news/payments/idex-biometrics-and-talucard-bring-inclusive-biometric-payment-solutions-market-europe
Financial IT
Abound Partners With D•One for Open Banking Services

D•One, the open banking business unit from The ClearScore Group, has announced a partnership with Abound to provide open banking connectivity and transaction categorisation intelligence.

Wednesday, August 14, 2024 - 13:22
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/news/open-banking/abound-partners-done-open-banking-services
Financial IT
TransUnion Partners with receeve to Drive Innovation in the Collections Industry

TransUnion, a global information and insights company, and receeve, an all-in-one platform for collections and recovery, proudly announce a strategic partnership to deliver increased collections autonomy and profitability through AI-powered insights and strategy optimisation, all seamlessly integrated into the receeve platform.

Wednesday, August 14, 2024 - 12:55
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/news/aml-and-kyc/transunion-partners-receeve-drive-innovation-collections-industry
Financial IT
DBS Launches Blockchain-Powered Treasury Tokens Pilot with Ant International for 24/7 Treasury and Liquidity Management

DBS today announced the pilot launch of DBS Treasury Tokens, a next-generation treasury and liquidity management solution, in collaboration with Ant International. Ant International will be able to use the digital form factor to achieve instant, multi-currency treasury and liquidity management on DBS’ permissioned blockchain for their entities across multiple markets.

Wednesday, August 14, 2024 - 11:59
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/news/blockchain/dbs-launches-blockchain-powered-treasury-tokens-pilot-ant-international-247-treasury
Financial IT
Bitget Appoints Top 20 Legal Leader Hon Ng as New Chief Legal Officer

Bitget, the leading cryptocurrency exchange and Web3 company, has announced the appointment of Hon Ng as its Chief Legal Officer. With over two decades of experience, Hon has extensively been working with governments and policymakers for global corporations. At Bitget, he will oversee the group’s adherence to regulatory requirements worldwide.

Wednesday, August 14, 2024 - 11:52
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/news/people-moves/bitget-appoints-top-20-legal-leader-hon-ng-new-chief-legal-officer
Financial IT
NETS Launches NETS SoftPOS, a Terminal-Less Payment Solution for Swifter and More Cost-Efficient Payment Transactions

Network for Electronic Transfers (NETS), Singapore’s leading payment services group, has launched NETS SoftPOS, a terminal-less payment solution for swifter, seamless and more cost-efficient payment transactions. Merchants can now download the NETS SoftPOS app from the Google Play Store and use their Android smart devices as payment terminals to accept contactless payments.

Wednesday, August 14, 2024 - 11:49
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/news/payments/nets-launches-nets-softpos-terminal-less-payment-solution-swifter-and-more-cost
Financial IT

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