- 02.12.2021 01:45 pm
- Fraud Detection
New algorithms make it impossible to submit spoof ID documents Ondato, the leading Compliance-as-a-Service platform, has launched a new AI-enabled ID forensics system that makes it impossible to submit spoof documents, such as altered photos, ID papers, and deep fake videos, as part of any customer on-boarding process.
Company chooses modern fraud detection and prevention tool to protect against referral and NFT fraud on its cutting-edge blockchain platform
Analytics software firm FICO has been engaged by Vodafone, a leading telecommunications company in Europe and Africa, to review new fraud risks and mitigations arising from the accelerated adoption of digital channels due to the pandemic. The FICO Advisors consultancy team will assess Vodafone’s operations across 19 countries and advise on tackling new fraud risks at a country level.
- 26.11.2021 01:30 pm
- Fraud Detection
Written by Colin Sims, Chief Operating Officer, Forter Abuse is growing in volume and attention Policy abuse is a recurring topic in my recent conversations. As eCommerce has grown rapidly, so have the types and amount of abuse.
GBG Integrates Mobile Network Operator Data Into its Solutions to Help Businesses Easily Verify Customers and Combat Identity Fraud
- 25.11.2021 11:30 am
- Fraud Detection
GBG, the experts in digital identity, has integrated mobile network operator (MNO) data into its identity verification and anti-fraud solutions. This external source of data can help businesses further strengthen their multi-level identity and fraud prevention strategies and drive confident decisions on customers.
Nearly a Third of Global Businesses Lost Over £1m to Financial Crime in One Year, Says New White Paper
A recent white paper published by Themis and Encompass Corporation, the leading provider of Know Your Customer (KYC) and Anti-Money Laundering (AML) software, revealed new insight into the ‘cost’ of not adhering to financial crime compliance.
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
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
Greater flexibility and choice with payment orchestration and advanced fraud protection
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.
The IFM-X Dark Web Intelligence fraud prevention solution safeguards financial institutions, protects customer accounts and prevents fraud losses
New technology enables banks and payment providers to share industry-wide fraud signals to leverage machine learning technology more effectively
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
The joint venture will empower the finance company to quickly and seamlessly detect fraudsters through SEON’s Intelligence Tool
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
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