GBG Announces It Has Agreed to Acquire Acuant, Bringing Together Two Leaders in the Global Digital Identity Market With Combined Revenue of C.£265 Million
- 3 years 1 month ago
- Digital Identity, Fraud Detection
Strategic acquisition creates global leader, transforming digital identity and fraud prevention ● Combination supports GBG’s purpose to build trust in a digital world, delivering differentiated solutions for all points of the identity verification and identity fraud customer journey ● Acquisition enables GBG to further expand into the US – the world’s largest and most strategically important market for location, identity and fraud... more
IXOPAY and Fraugster Team up to Future Proof Payments and Secure BNPL Providers, Marketplaces and iGaming Companies with Powerful AI Fraud Prevention
- 3 years 1 month ago
- Payments, Fraud Detection, Security
Greater flexibility and choice with payment orchestration and advanced fraud protection
NICE Actimize Launches Dark Web Intelligence Solution for Proactive Fraud Prevention
- 3 years 1 month ago
- Fraud Detection, Compliance
The growing amount of information on the Dark Web presents a range of complex fraud schemes and typologies that are increasingly difficult for financial service organizations (FSOs) to detect and stop. To address this problem, NICE Actimize, a NICE business (Nasdaq: NICE), today announced its IFM-X Dark Web Intelligence solution.
NICE Actimize Launches Dark Web Intelligence Solution for Proactive Fraud Prevention
- 3 years 1 month ago
- Security, Fraud Detection
The IFM-X Dark Web Intelligence fraud prevention solution safeguards financial institutions, protects customer accounts and prevents fraud losses
ACI Worldwide Launches Network Intelligence Technology to Combat Real-Time Payments Fraud
- 3 years 1 month ago
- Payments, Banking, Fraud Detection
New technology enables banks and payment providers to share industry-wide fraud signals to leverage machine learning technology more effectively
Spotlight Turns on Crypto Scammers as International Fraud Awareness Week Looms
- 3 years 2 months ago
- Security, Fraud Detection
Fraud awareness week begins on Sunday 14th November. Between the start of 2021 and mid-October, more than £146 million had been lost to cryptocurrency fraud. The average loss per victim was just over £20,500. Over half (52%) of crypto fraud victims were aged 18 – 45 years old. Susannah Streeter, senior investment and markets analyst, Hargreaves Lansdown
SEON Partners With Creditstar to Bolster Fraud Detection for the Lenders
- 3 years 2 months ago
- Credit Cards, Fraud Detection, Compliance, AML and KYC
The joint venture will empower the finance company to quickly and seamlessly detect fraudsters through SEON’s Intelligence Tool
SEON Unveils Fraud Prevention App for Shopify
- 3 years 2 months ago
- Artificial Intelligence, Fraud Detection
Brings Simple-to-Deploy, Advanced AI and Digital Footprint Technology to World's Most Popular Ecommerce Shopping Platform
First Global Benchmark of Gender Diversity in Fintech by Findexable Reveals Systemic Underrepresentation of Women and Investment – New Data Shows Firms Founded Solely by Women Attract 1% of Total Venture Funding
- 3 years 2 months ago
- Investment, Payments, Fraud Detection, Data
New research by global fintech think tank findexable shows that 1.5% (16) of 1,032 best-funded private fintech firms globally are founded solely by women and receive just 1% of total fintech venture funding. The Fintech Diversity Radar research reveals women make up 11% of all board members and 19% of company executives. The majority of women (26%) in the sector are Chief People Officer or Head of HR, followed by Chief Marketing Officer and... more
AI Rayan Bank Chooses Trunarrative to Provide Digital Onboarding and Fraud Risk Management
- 3 years 2 months ago
- Artificial Intelligence, RegTech, Islamic Finance, Fraud Detection, Risk Management
The UK’s oldest and largest Islamic bank, Al Rayan Bank PLC chooses RegTech platform from TruNarrative, part of LexisNexis® Risk Solutions, to provide individual & business onboarding and end-to-end fin-crime strategy
ThreatMark Attracts Additional Funding; Appoints Daniel Rawlings as New CEO & President to Lead the Next Phase of Expansion & Growth
- 3 years 2 months ago
- Artificial Intelligence, Security, Cybersecurity, Fraud Detection, People Moves
ThreatMark, the provider of the most advanced online fraud prevention solution in the market, has completed a new $3M funding round led by Springtide Ventures, and also strengthened its executive leadership in order to continue expansion throughout Europe and North American markets.
Retailers Brace for Fraud Spike as Peak Shopping Season Approaches
- 3 years 2 months ago
- Payments, Fraud Detection
Fraud creates an additional challenge as the majority of UK retailers describe this year’s peak period as make or break for their business Half of UK retailers anticipate a spike in fraud attacks on their businesses in the Q4 shopping period, new research commissioned by Adyen, the payments platform of choice for many of the world's leading companies, has found.
ABA Bank and Smart Axiata Introduce IPification, Seamless Authentication and Registration Solution for ABA Mobile Banking Users
- 3 years 2 months ago
- Banking, Mobile Banking, Fraud Detection, Authentication Technology
ABA Bank and Smart Axiata continue to lead Cambodia’s digitalization by introducing the secure and customer-friendly solution for users’ identification and protection: IPification, a one-click registration, authentication, and fraud-prevention system. ABA Bank will introduce the seamless IPification technology to the subscribers of Smart Axiata, Cambodia’s leading telecommunications operator, soon followed by other operators in the country.
Resistant AI Announces $16.6 Million in Series A Funding from GV and Index Ventures to Protect Financial Automation from Fraud and Financial Crime
- 3 years 2 months ago
- Artificial Intelligence, Fundraising News, Fraud Detection
● Artificial intelligence security company raises Series A funding ● Resistant AI responds to increasing vulnerabilities in financial services caused by widespread automation and algorithm-driven compliance and security ● The founding team’s previous startup, Cognitive Security, formed the basis for Cisco’s widely deployed threat detection platform ● Resistant AI’s product uses machine-learning and sophisticated modelling to reinforce ... more
Fraud-fighting Pioneers SEON Improves Fraud Detection and Reduces False Positives for Thousands of Companies With Tech Enhanced Capabilities
- 3 years 2 months ago
- Data Protection, Fraud Detection
SEON, the fraud fighters, is strengthening its mission to eradicate online fraud as it today updated its fraud detection solution with new capabilities that will increase its ability to detect fraud while decreasing false positives from legitimate customers.
