Turkish Akbank Selects Featurespace's ARIC Risk Hub to Prevent Fraud
- 4 years 7 months ago
- Security, Fraud Detection
Featurespace™, the leading provider of Enterprise Financial Crime prevention software announced that Istanbul-based Akbank has selected the ARIC™ Risk Hub to reduce fraud risk, while increasing acceptance rates across all transactional channels for its nearly 18 million customers.
"Facebook and Twitter need to do more to prevent cryptocurrency scams", says CoinCorner CEO
- 4 years 8 months ago
- Cryptocurrencies, Cybersecurity, Fraud Detection
Online scams are a huge problem in many industries and the emerging Bitcoin space is no exception.
Increased Contactless Spending Could Be Linked to Higher Fraud and Payment Disputes, Warns Global Risk Expert
- 4 years 8 months ago
- Covid-19, Payments, Security, Fraud Detection
Monica Eaton-Cardone, COO and Co-Founder of merchant dispute specialist, Chargebacks911, and its revolutionary new financial institution brand, Fi911, warns of the chargeback and fraud risks associated with the increase in contactless payments following the COVID-19 outbreak. In a bid to reduce human interaction, the use of cash, and the touching of contact points such as PIN pads and cash machines, the UK’s contactless spending limit increased... more
UK Banks Outperform Rest of Europe in Reducing Card Fraud
- 4 years 8 months ago
- Security, Fraud Detection
UK banks achieved the biggest reduction in card fraud losses last year among 18 countries across Europe, according to the updated FICO European Fraud Map. More than half of the countries saw increases in card fraud losses in 2019 according to the report, based on data from Euromonitor International and UK Finance.
Online Marketplace Carousell Chooses Vonage APIs for Fraud Protection and Enhanced Communications
- 4 years 8 months ago
- APIs, Security, Fraud Detection
Vonage (Nasdaq: VG), a global leader in cloud communications helping businesses accelerate their digital transformation, has been selected by Singapore-based online marketplace Carousell to safeguard its platform against fraud and enhance the speed and efficiency of customer notifications.
Modulr Becomes First Non-Bank to Launch Confirmation of Payee
- 4 years 8 months ago
- Payments, Cybersecurity, Fraud Detection
The FinTech Modulr has today launched Confirmation of Payee, a fraud prevention initiative spearheaded by Pay.UK.
Onfido Receives £5M Grant From UK Banking Competition Remedies to Improve Access to Financial Services for SMEs
- 4 years 9 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 9 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 9 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
- 4 years 9 months 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
- 4 years 10 months 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
- 4 years 10 months 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
- 4 years 10 months 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
- 4 years 10 months 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
- 4 years 10 months 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.
