- 1 month 2 weeks ago
- Fraud Detection
Since March 2020, consumer spending habits have changed significantly, and that includes the way we use our credit cards online. Almost immediately, fraudsters tapped into this and found new ways of taking advantage of this with devious scams and cons that caused a drastic rise in fraud cases.
The fraud industry mirrors the size of the third largest economy* in the world, behind only the US and China
According to TransUnion’s 2022 Global Digital Fraud Trends Report, 42% of UK consumers say they have been targeted by online fraud in the past three months
Surecomp® today announced it is providing a new solution based on advanced cryptographic technology allowing financial institutions to mitigate the risk of duplicate financing fraud.
Ontario launch marks the next step for payment experts after successful US expansion. PXP Financial Inc., the US subsidiary of PXP Financial Ltd., an expert in global acquiring, payment, fraud and data analysis services, has today announced its arrival in Canada.
Bottomline, a leading provider of financial technology that makes business payments simple, smart and secure, today announced the NatWest Group has adopted Bottomline’s Confirmation of Payee (CoP) solution to service their Agency Institutions in the fight against authorised push payment fraud (APP) across the UK.
Sumsub is ready to share the results of their partnership with Bybit. Sumsub, an internationally-acknowledged identity verification and KYC/AML compliance provider, is ready to present the results of their partnership with Bybit, a global crypto trading and staking platform with over 6 million users worldwide.
Payment fraud is a nightmare scenario for any business. Irrespective of size, companies face substantial financial and reputational harm resulting from fraudulent activity. Depending on the severity of the crime and the losses incurred, the very survival of the business may be at stake.
The ai Corporation (ai) and Ignixxion Technologies Limited partner to launch the World’s first EMV (open loop), fuel payments and digital fleet management solution
Unifying fleet card issuance, payment processing, fraud management, mobility, and fleet management capabilities in one end-to-end solution. The ai Corporation (ai), an expert in fraud prevention and payment solutions, and Ignixxion Technologies Limited, an innovative fintech fleet solution provider, today announced the launch of the World’s first integrated, EMV open loop, fuel payment and fleet management solution.
SEON Continues to Take the Fight to Global Fraud One of Deloitte’s Top 10 Growth Stars, SEON announces significant upgrades to its world-leading product stack Global fraud fighters, SEON has announced several new and exciting upgrades across its product offering. In recent weeks, the company has refined its product dashboard and updated some of its APIs.
Bank envisions application of quantum capabilities for priorities such as pricing and portfolio optimization, sustainability, risk and fraud Expands internal talent with quantum specialists
Following a year of exceptional growth, new customer acquisitions and renewed investment, global fraud fighters, SEON have been awarded the title of ‘Cyber Security Solution of the Year’ at the FSTech Awards.
- 6 months 1 week ago
- Fraud Detection
Online fraud is changing, but so is the way that risk teams are dealing with the threat of fraud and abuse. Smart machines and big data mean that businesses can be armed against fraud — they’re no longer playing defence. Now, modern risk teams have seized the role of optimising business revenue, rather than focusing on loss avoidance. This reframed role means that progressive risk teams are no longer a cost recovery centre but have become their... more