RISK IDENT has been named “Best Fraud Prevention Company” at the 2019 FinTech Breakthrough Awards, marking a second consecutive win for the leading European anti-fraud company. The 2019 awards program, which recognizes the leading technologies, companies and products in the global FinTech industry, attracted a record-breaking 3,500+ nominations from across the globe.
Varo Money LLC (Varo), a leading challenger banking company, and Feedzai, the leader in fighting financial crime with artificial intelligence, today announced a new partnership. Varo’s continued growth will be bolstered by Feedzai’s fraud-prevention platform, which provides purpose-built machine learning for risk prevention with a focus on customer experience and flexibility to scale along with the rapidly growing bank.
Aite Group, a global research and advisory firm, recognized Featurespace™ as Best-in-Class in its 2019 report on fraud and AML machine learning platform vendors (download a complimentary copy of the report here).
Ninety Percent of Banks Lag in Ability to Authenticate Customers and Step-Up Security, Survey Reveals
OneSpan™ (NASDAQ: OSPN), a global leader in software for trusted identities, e-signatures and secure transactions, today announced the release of The Future of Adaptive Authentication in the Financial Industry, a report prepared by the Information Security Media Group.
NICE Actimize Signs Crypto Finance Leader Circle to Implement Markets Surveillance and Protections Strategy
Leading the industry with solutions supporting digital financial services offerings, NICE Actimize, a NICE (Nasdaq: NICE) business and the leader in Autonomous Financial Crime Management, was selected by Circle, a leading global crypto finance company, to implement its market surveillance and protections strategy.
IDology provides GBG with a strong foothold for Identity Verification and Fraud Prevention in North America, a key growth region for the company. The acquisition will strengthen GBG's product portfolio and enhance its world-class customer experience, while delivering unbeatable regulatory compliance. A strong cultural alignment based on an established commercial partnership.
Deloitte and AllClear ID Introduce First 72-Hour GDPR Customer Notification and Identity Protection Service
Deloitte LLP, with 20 years of successfully delivering large-scale customer outreach solutions, and AllClear ID, Inc., the world’s leading provider of customer breach notification and identity protection, today announce their collaboration to deliver data breach customer notification services to the customers of businesses under the GDPR regulations.
Market EarlyBird, the UK FinTech company behind EarlyBird – Safe, Smart Twitter for Finance announced the immediate availability of a native mobile client for EarlyBird. EarlyBird is a read-only, anonymised Twitter service that provides powerful Tweet search and filtering capabilities enabling users to find financial Tweets that others miss.
The new General Data Protection Regulation (GDPR) governing the collection, storage and use of data are coming into force soon and new research reveals that almost two-thirds of consumers (62%) said their confidence about sharing data with businesses is improved by the incoming laws. Highlighting the importance of communicating the benefits of the new laws to consumers in order to build long-term trust.
Today Ocado Technology (the technology division of Ocado, the world's largest online only supermarket) is revealing the world's first AI-based fraud detection system for online grocery purchases. The new system relies on an advanced machine learning algorithm developed by Ocado Technology using TensorFlow and the power of Google Cloud.
- 4 years 5 months ago
- Security, Data Protection, Fraud Detection, Regulatory Standards, AML and KYC, Security, Authentication Technology
Signicat, the first and largest identity assurance provider in the world, has secured phase two funding from the EU’s Horizon 2020 programme, the framework for funding research and innovation. The funding will be used to further develop Signicat’s IDAaaS (Identity Assurance as a Service) toolbox for use across Europe—helping to create a single digital identity market for Europe, one of the European Commission’s priorities for the latter half of... more
- 4 years 8 months ago
- Security, Data Protection, Compliance, Security, Authentication Technology, M&A Deals
Mitek (NASDAQ: MITK, www.miteksystems.com), a global leader in mobile capture and digital identity verification software solutions, today announced that it has acquired ICAR, a leading provider of consumer identity verification solutions in Spain and Latin America, for an aggregate purchase price of up to €12.75 million (~US$15.0 million) paid in a combination of cash and shares of Mitek common stock.
Accuity unveils screening technology for transparent, traceable and auditable financial crime compliance
- 4 years 8 months ago
- Security, Data Protection, Fraud Detection, Compliance, Regulatory Standards, AML and KYC
Accuity, the global financial crime compliance, payments and KYC solutions provider, today announced the launch of its latest generation of transaction screening technology designed to help clients automate and gain an end-to-end view of their financial crime compliance screening so that they can demonstrate their compliance policy in action to regulators.
Silicon Valley analytic software firm FICO announced that its TONBELLER® Siron® suite of anti-money laundering (AML) and know your customer (KYC) solutions have achieved Amazon Web Services (AWS) Financial Services Competency status. This designation recognises FICO for delivering robust solutions on AWS to help organisations manage critical issues pertaining to the industry, such as risk management, data management, navigating compliance... more
- 4 years 11 months ago
- Security and Compliance, Security, Data Protection, Fraud Detection, Compliance, Regulatory Standards, AML and KYC, Security, Authentication Technology
Aeriandi, a leading provider of secure voice services and NICE, a global leader in cloud and on-premises enterprise software solutions, including advanced customer analytics, have announced a strategic partnership. Under the terms of the partnership, Aeriandi’s customers will have access to an easy to implement speech analytics solution that can analyse both real-time and archived calls.