Teradata and FICO Partner to Reduce Fraud, Improve Business Outcomes
- 11 months 3 days ago
- Fraud Detection
Teradata and FICO, the analytics software provider, today announced they plan to bring to market integrated advanced analytic solutions for real-time payments fraud, insurance claims, and supply chain optimization. Bringing data, analytics and insights together in one environment streamlines the development of solutions for use cases across industries, speeding time-to-delivery and making them available for joint customers sooner.
ComplyAdvantage Takes on Payment Fraud with New AI-powered Solution
- 11 months 6 days ago
- Fraud Detection
Criminals have never had more avenues through which to defraud people. This has been fueled by the proliferation of technology ranging from instant messaging to new forms of remittance, like P2P and real-time payments. That’s why ComplyAdvantage, the leader in financial crime intelligence, today announces the launch of Fraud Detection, its new solution that uses machine learning algorithms to detect and prevent the menace of transaction-related... more
UK Lost Over £1.2B to Fraudsters in 2022
- 11 months 1 week ago
- Fraud Detection
The UK lost £1.2 billion to fraud in 2022, with three million scams taking place, according to new data from banking and finance industry group UK Finance. The Annual Fraud Report detailed losses of over £2,300 every minute, with 78 per cent of cases occurring online, targeting unsuspecting Brits.
FinCrime Prevention Company, SEON, Accelerates US Growth With New CRO Hire
- 11 months 3 weeks ago
- Fraud Detection
FinCrime prevention technology expert, SEON, has added considerable expertise to its ranks with the hire of new Chief Revenue Officer (CRO), Matt DeLauro. Matt will help the company as it works to prevent more online financial crime globally, leveraging his previous experience as CRO and General Manager of Extend.
iProov and Authsignal Partner to Offer Enhanced Online Fraud Prevention
- 11 months 3 weeks ago
- Fraud Detection
iProov, the world leader in facial biometric authentication technology, and Authsignal, provider of the leading global fraud automation platform, today announced a new partnership focused on protecting consumers and enterprises from fraud across the U.S., Europe and Asia Pacific regions.
Armalytix Launches New Tools to Help Firms Avoid Fraud & Punishment
- 12 months 2 days ago
- Fraud Detection
Armalytix, a cutting-edge fintech company that streamlines financial insights for financial crime and risk checks to the professional, financial services and gambling sectors, announced today the launch of Income and Risk Insights.
Radicant Chooses Netguardians’ Ai Anti-Fraud Software to Bolster Payment Protection
- 12 months 4 days ago
- Fraud Detection
radicant bank ag (radicant) is the first digital sustainability bank in Switzerland strategically aligned with the 17 UN Sustainable Development Goals (SDGs). To ensure the efficient and secure processing of its clients’ digital transactions, radicant has selected award-winning Swiss FinTech NetGuardians’ software for enhanced payment protection.
Economic Crime Commitment Continued with Home Office Fraud Crackdown
- 1 year 5 days ago
- Fraud Detection
The Home Office has introduced a new crackdown on fraud to protect businesses and consumers as part of the Government’s commitment to tackling financial crime. As part of a failure to prevent fraud offence, organisations must demonstrate their deterrence measures should fraud be committed by an employee. Failure to do so risks an unlimited fine.
Fraudsters are Underestimating the Power of AI to Detect Fake IDs, Says New Ondato Report
- 1 year 1 week ago
- Fraud Detection
Fraudsters are underestimating the power of AI to detect fake IDs, according to a new report from Ondato, a London-headquartered technology company that streamlines Know Your Customer (KYC) and anti-money laundering (AML) processes.
AMLYZE and Skaleet in a Partnership to Bolster FinCrime Prevention to the New Level Among Financial Institutions
- 1 year 1 week ago
- Fraud Detection
AMLYZE, a fast-developing RegTech startup that helps fintechs, banks, crypto businesses and other regulated entities fight financial crime and avoid painful regulatory fines, and Skaleet, an international fintech offering a next-generation Core Banking Platform (CBP), have established a new partnership.
Regula Introduces a Complete Single-Vendor Solution for Advanced Identity Fraud Prevention
- 1 year 3 weeks ago
- Fraud Detection
Many companies struggle to implement and integrate a bunch of different solutions covering different parts of the IDV process. In fact, according to Regula’s survey, 40% of organizations cite this overly complex technical environment as the largest constraint to deploying IDV solutions. Additionally, 38% of respondents expressed concern over the cost of maintaining and managing such an extensive set of technologies.
New Partnership Brings Forter’s Fraud Prevention Solution to Wix Merchants
- 1 year 1 month ago
- Fraud Detection
Forter, the Trust Platform for digital commerce, today announced its partnership with Wix.com Ltd., a leading global SaaS platform to create, manage, and grow an online presence. The partnership delivers Forter’s accurate, real-time decisions to Wix merchants in certain countries — increasing their approval rates, reducing fraud and delivering superior customer experience.
NICE Actimize 2023 Fraud Insights Report Reveals Attempted Fraud Transactions Have Increased By 92% Over Previous Year
- 1 year 1 month ago
- Fraud Detection
NICE Actimize, a NICE business, has released "The 2023 NICE Actimize Fraud Insights Report" that delves deeply into the banking and payments landscape and uncovers the most pressing threats and patterns impacting financial institutions.
Feedzai Partners with UK Finance for Annual Fraud Report 2023
- 1 year 1 month ago
- Fraud Detection
Feedzai, the market leader in fighting financial crime with AI, has partnered with UK Finance, the trade association for the UK’s banking and financial services sector, to deliver its Annual Fraud Report.
