FCA Receives 2,754 Separate Allegations of Financial Misconduct From Whistleblowers
- 2 years 8 months ago
- Fraud Detection
Fraud, AML, compliance, customer treatment, systems and controls top the list of 2,754 separate allegations logged by 1,046 whistleblowers in the last year
SEON Appoints ex-Huffington Post CTO to VP of Engineering
- 2 years 8 months ago
- Fraud Detection
New appointment brings up 100 employee milestone and follows the fraud fighters’ recent Series A investment round and launch into the US and Indonesia
What is Insider Fraud?
- 2 years 11 months ago
- Fraud Detection, Compliance, Security
An Amazon selling support associate was recently arrested by the FBI after issuing more than $90,000 in fraudulent refunds to himself and people he knew. The former Amazon employee used different buyer accounts to purchase electronics and took advantage of his position to issue refunds without returning the products. This is an example of insider fraud.
NICE Actimize Partners with Refinitiv
- 2 years 11 months ago
- Security, Cybersecurity, Fraud Detection, Risk Management
NICE Actimize, a NICE (Nasdaq: NICE) business, and Refinitiv, part of LSEG and a leading global financial markets infrastructure and data provider, today announced a strategic partnership which will enable it to resell NICE Actimize’s industry-leading SURVEIL-X Holistic Surveillance Suite through both a cloud or on-premises environment to its growing customer base throughout the Asia-Pacific region.
LexisNexis Risk Solutions Earns Top Honors at the 2021 Global Banking & Finance Awards
- 2 years 12 months ago
- Security, Cybersecurity, Fraud Detection, Risk Management
LexisNexis® Risk Solutions announced that it won four accolades at the 2021 Global Banking & Finance Awards®. The recognition came in the Business Technology category with LexisNexis Risk Solutions winning Best Anti-Fraud/Security Solutions Provider in the Asia Pacific, Latin America, United States and Western Europe regions. The Global Banking & Finance Awards has spotlighted companies of all sizes across the financial industry for... more
buguroo Becomes Revelock as It Changes the Game of Online Fraud Prevention
- 2 years 12 months ago
- Security, Fraud Detection
buguroo, a pioneer in behavioral biometric based online fraud prevention, today announced it is changing its name to Revelock to reflect the company’s commitment to not just reveal fraud, but also preemptively respond to and block attacks.
Trulioo Expands Executive Team with Key New Hire
- 3 years 1 week ago
- Security, Cybersecurity, Data Protection, Fraud Detection
Trulioo, the leading global identity verification company, announced the addition of Garient Evans in a key position of SVP of Identity Solutions.
Revolut and GBG Expand Partnership to Tackle Fraud from COVID-19
- 3 years 1 month ago
- Fraud Detection, Security
Financial super app, Revolut, has announced it is building on its previous partnership with identity data intelligence experts, GBG, as the category leaders work together to tackle the rise of online fraud and promote the safe adoption of digital services through customer onboarding solutions, including Know Your Customer (KYC) and Anti Money Laundering (AML).
Fraud Industry Experts Enter SEON’s Great Debate to Establish What’s to Come for the Sector
- 3 years 2 months ago
- Fraud Detection
SEON, the fraud fighters, today announces the launch of The Great Debate, which will bring together prominent figures in the fraud management industry to establish which three threats will top the agenda for the sector in 2021. The five leading experts will bring a trend each and will compete for its place amongst the top three.
As Pandemic-Driven Fraud Increases, Firms Respond with Accelerated Adoption of Defenses
- 3 years 2 months ago
- Fraud Detection
Today, Bottomline and Strategic Treasurer release the results of the 2021 Treasury Fraud & Controls Survey. This is the 6th annual survey between the long-time collaborators, whose research partnership also includes the annual B2B Payments Survey.
Payment Fraud Prevention App from NetGuardians Sees Success on Finastra’s FusionFabric.cloud
- 3 years 2 months ago
- Payments, Fraud Detection
Finastra today announced the availability of NetGuardians’ Payment Fraud Prevention app on its FusionFabric.cloud open development platform. The app uses artificial intelligence to proactively detect fraudulent payments in real-time and reduce fraud losses.
GBG and InnoValor Team Up to Tackle Fraud in Digital Surge from COVID
- 3 years 2 months ago
- Covid-19, Fraud Detection
GBG, the global specialist in identity data intelligence, has announced an enhanced partnership with leading Near-Field Communication (NFC) technology provider InnoValor, to implement their patented ReadID technology into GBG’s suite of identity verification and fraud prevention tools.
Experian Launches New Anti-Fraud Platform For Digitally Accelerated World
- 3 years 2 months ago
- Security, Fraud Detection
Experian today launches the newest version of its fraud prevention platform to help businesses dealing with the rapid surge in demand for digital services and the growth of online accounts. Due to the digital acceleration instigated by Covid-19, online retailers, businesses, and their customers are at risk of the growing threat from fraudsters exploiting outdated and unsophisticated fraud prevention systems.
ONS Fraud Statistics Reveal Soaring Levels of Digital Fraud
- 3 years 2 months ago
- Security, Fraud Detection
Josh Gunnell, head of fraud & ID pre-sales at TransUnion in the UK, comments on the recent ONS fraud statistics:
NICE Actimize Launches AI-Driven New Account Fraud Solution to Combat Synthetic and Stolen Identity Fraud
- 3 years 2 months ago
- Artificial Intelligence, Digital Identity, Security, Fraud Detection
Sophisticated fraud schemes utilizing stolen and synthetic identities are accelerating, requiring more powerful fraud-fighting solutions than traditional identity verification might have previously offered. Addressing these market needs, NICE Actimize, a NICE business (Nasdaq: NICE), today announced the debut of its New Account Fraud onboarding and verification solution.
