Onfido Receives £5M Grant From UK Banking Competition Remedies to Improve Access to Financial Services for SMEs
- 4 years 11 months ago
- Digital Identity, Security, Fraud Detection
Today, the Board of Banking Competition Remedies Ltd (BCR) announced it is awarding Onfido a £5M grant from the Capability and Innovation Fund Pool, which facilitates development and innovation of financial technology that is relevant to Small and Medium Enterprises (SMEs).
Kompli-Global helps companies expose bad actors within their customer base
- 4 years 11 months ago
- RegTech, Security and Compliance, Data Protection, Fraud Detection, AML and KYC
Every major organisation in the United Kingdom has customers that are up to no good, potentially with criminal intentions. Fraudsters and money launderers are clever and, once through the onboarding process and into a company, are able to work and manipulate the system.
ACI Worldwide and Arvato Financial Solutions partner to combat eCommerce fraud
- 4 years 12 months ago
- E-Commerce, Fraud Detection
ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today
ACI Worldwide and Three UK team up to combat eCommerce payments fraud
- 5 years 3 days ago
- E-Commerce, Payments, Fraud Detection
ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced it is extending its partnership with Three UK to combat eCommerce fraud, which has increased during the Covid-19 pandemic.
TransUnion enhances document verification solution as new research finds identity fraud at center of many digital COVID-19 scams
- 5 years 4 days ago
- Covid-19, Digital Identity, Security, Fraud Detection
New research from TransUnion’s (NYSE: TRU) Consumer Financial Hardship studies found that phishing is the top digital fraud scheme worldwide related to the COVID-19 pandemic. Among consumers reporting being targeted with digital COVID-19 schemes globally, 27% said they were hit with pandemic-themed phishing scams. To help prevent identity fraud that can result from phishing, TransUnion announced today new enhancements to its Document... more
Bottomline named a major player in Enterprise Fraud Management in Banking by IDC MarketScape
- 5 years 5 days ago
- Fraud Detection
Bottomline (NASDAQ: EPAY), a leading provider of financial technology that makes complex business payments simple, smart and secure, has been named to the Major Players category in the just-released IDC MarketScape: Worldwide Enterprise Fraud Management in Banking 2020 Vendor Assessment (Doc # US45617020, July 2020). Bottomline’s Cyber Fraud and Risk Management (CFRM) for banking includes Secure Payments, Insider Fraud, Enterprise Case Manager... more
SEON launches industry first self-service fraud prevention tool
- 5 years 5 days ago
- Fraud Detection
SEON, the fraud fighters, has today announced the launch of the latest version of its self-service Intelligence Tool. The solution is an industry first and allows merchants to integrate the tool on their own within minutes, simply by downloading a chrome extension or API. This allows SEON customers to receive help and intelligence immediately before even speaking to a SEON advisor.
ACI Worldwide to deliver fraud prevention in the cloud to all customers globally
- 5 years 1 week ago
- Fraud Detection
ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced that ACI Proactive Risk Manager and
SEON - SMEs let down up to 6500 times a day by current fraud prevention measures
- 5 years 3 weeks ago
- Fraud Detection
SEON, the fraud fighters, today announce new insight into the scale of the cybercrime problem UK SMEs face, estimating that there may be as many as 6,500 preventable cybercrimes committed against UK SMEs every day.
Proprietary fraud tools set to be ‘obsolete’ by 2023
- 5 years 1 month ago
- Fraud Detection
Banks set to move to open source to combat rising tide of fraud, predicts Instaclustr
Bottomline 2020 Business Payments Barometer reveals: businesses incur greater losses year-on-year due to payment fraud
- 5 years 1 month ago
- Payments, Fraud Detection
Bottomline (NASDAQ:EPAY), a leading provider of financial technology that makes business payments simple, smart and secure, revealed today that 58% of financial decision makers in businesses surveyed across Great Britain view financial loss due to payment fraud as ‘part and parcel of running their business.’ Of those surveyed, 81% were unable to recover more than half of their losses caused by fraud, a figure which rises to 88% for small... more
SEON advances COVID-19 fraud strategies with a solution like no other
- 5 years 1 month ago
- Fraud Detection
For many working online is their lifeline as we navigate the restrictions COVID-19 has placed on economies across the world. Tamas Kadar CEO of Hungarian start-up SEON, the fraud fighters, warns that many have been too slow to react to the increasing threat level posed by cybercriminals before and during the pandemic. As many industries have undergone a huge digital migration and businesses have had to rapidly respond by moving online, SEON is... more
Federal Bank of India Combats Card and Merchant Fraud with ACI Worldwide’s UP Payments Risk Management Solution
- 5 years 1 month ago
- Payments, Fraud Detection, Risk Management
ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced that India’s Federal Bank is leveraging its UP Payments Risk Management solution to identify fraudulent card activity, mitigate losses and enhance customer relationships.
Australian Fintech Hay Selects Featurespace to Strengthen Prepaid Card Security and AML
- 5 years 1 month ago
- Security, Fraud Detection, AML and KYC, Risk Management
Featurespace™, the leading provider of Enterprise Financial Crime prevention software, has revealed that Australian fintech Hay has selected its ARIC™ Risk Hub to detect and prevent fraud and money laundering on its mobile-first solution.
CWG Inks Strategic Partnership with Clari5 to help African Banks Combat Financial Crime in Real-Time
- 5 years 1 month ago
- Fraud Detection, AML and KYC, Risk Management
Leading information technology company CWG, today announced that it has partnered with Banking Enterprise Financial Crime Risk Management products company Clari5 to jointly help African banks combat enterprise fraud and money laundering.
