Experian Handles New Account Fraud With BioCatch Behavioral Biometrics
- 8 years 2 months ago
- Fraud Detection
BioCatch, the global leader in behavioral biometrics, announced today that it has teamed up with Experian, the leading global information services company, to integrate its behavioral biometric technology into the company's fraud and identity platform, CrossCore™, to help prevent new account fraud for its users.
Aspect Software Becomes a Service Provider Member of the GSMA
- 8 years 2 months ago
- Mobile Banking, Security, Fraud Detection
Aspect Software has strengthened its commitment to its work in banking fraud prevention and mobile banking, by becoming a service provider member of the GSMA.
Free2move Partners Jumio for Quick and Easy Identity Verification Process
- 8 years 3 months ago
- Security, Fraud Detection
Free2Move, the car-sharing aggregation app, will use Netverify Trusted Identity as a Service to streamline driving licence verification, improve services and drive expansion.
Nethone Supports Almundo.com With Fraud Solution
- 8 years 3 months ago
- Security, Fraud Detection
Nethone – a global provider of AI-driven Business Intelligence and fraud solutions – announced today that Almundo.com – one of the largest and most admired travel agents in Latin America – has rolled out its cutting-edge fraud prevention system. Nethone fraud solution selected by Almundo.com leverages diverse state-of-the-art technologies, including top-grade Machine Learning and advanced User Profiling, focused on non-PII data.
Gadget ransomware warnings highlight opportunity to improve identity authentication
- 8 years 3 months ago
- Trading Systems, Retail Banking, Fraud Detection, Infrastructure
Fraud follows the channels of adoption, but as we get more connected, the easier it will become to prove our identity. This week the National Crime Agency and National Cyber Security Centre reported that a particular kind of security breach, ransomware, has grown significantly over the past year, with the popularity of internet-connected gadgets increasing the risk of attacks for consumers.
Financial Fraud Action UK Report Shows £2 Million Loss Per Day as a Result of Financial Fraud
- 8 years 3 months ago
- Security, Fraud Detection
In 2016, the UK lost £2 million each day as a result of financial fraud, according to official figures released by Financial Fraud Action UK (FFA UK).
CustomerXPs to Showcase ‘Human Brain Like’ Real-Time, Cross-Channel Fraud Management at MEFTECH
- 8 years 3 months ago
- Banking, Fraud Detection, Security, Risk Management
Real-time, Cross-channel Banking Enterprise Financial Crime Management software product company CustomerXPs today announced that it will be showcasing their acclaimed product Clari5 at the upcoming MEFTECH event scheduled to be held at ADNEC, Abu Dhabi on 13 & 14 March.
Gone in 60 seconds - Ransomware’s reality
- 8 years 3 months ago
- Security, Data Protection, Fraud Detection
Timico , cloud service provider in partnership with Datto , a business continuity solutions provider, reveals research findings that the effects of Ransomware attacks on finance companies cause substantial financial cost and immeasurable data loss. However, there is an alarming lack of awareness when it comes to being prepared, with over half of UK banking and insurance firms having no official Ransomware policy, to guide employees on what to do... more
Lack of trust among UK consumers towards financial data protection
- 8 years 4 months ago
- Security, Data Protection, Fraud Detection, Security
According to ACI Worldwide, majority of UK consumers have doubts about the ability of businesses and financial institutions to manage confidential data safely. For instance, 19 percent of respondents say they do not trust firms to protect their data and 33 percent responded they are unsure. Confidence levels were similar across the globe and only three countries had more than 50 percent of respondents indicated that they trust institutions to... more
EC Wise Joins FICO’s Enterprise Security Score partner program
- 8 years 4 months ago
- Security, Data Protection, Fraud Detection, AML and KYC
Cybersecurity solution provider and systems integrator EC Wise and Silicon Valley analytic software firm FICO announced today that EC Wise has joined FICO’s Enterprise Security Score partner program.
Icon Solutions Partners with Featurespace to Provide Real-time Fraud Protection for Instant Payments
- 8 years 4 months ago
- Security, Fraud Detection
Icon Solutions the specialist provider of instant payments technology, has today announced that it is partnering with Featurespace, the world’s leading supplier of Adaptive Behavioural Analytics technology.
Credit Card Frauds 101: Modus Operandi
- 8 years 4 months ago
- Security, Fraud Detection
US$ 500 million is lost every year to fraud credit card fraud. More the online transactions - more the more the probability of falling prey to credit card fraud. Here's a sneak peek in to the methods fraudsters use.
Western Union Announces Agreements With U.S. Investigations on Anti-fraud Program
- 8 years 5 months ago
- Security, Fraud Detection
Settlements relate to conduct that mainly occurred 2004 to 2012; Company has increased compliance funding 200 percent in the last five years; Business performance for 2016 in line with previous outlook
FICO joins forces with Ethoca to improve CNP Fraud management capabilities
- 8 years 5 months ago
- Security, Fraud Detection
Ethoca, the industry standard for collaboration-based technology solutions that enable card issuers and online merchants to increase card acceptance and stop e-commerce fraud and disputes, today announced a partnership with Silicon Valley analytic software firm FICO.
Globalplatform Empowers the Web to Access Advanced Security Services
- 8 years 5 months ago
- Fraud Detection, Security
GlobalPlatform has defined a standardized communications interface between web applications and secure element (SEs), which will enable developers of web services to build in advanced security features to protect online services against many types of attack and fraud.
