NICE Actimize and Infosys announce strategic partnership to offer end-to-end financial crime solutions

NICE Actimize, a NICE (Nasdaq: NICE) business and a leader in Autonomous Financial Crime Management and Infosys (NYSE: INFY), a global leader in next-generation digital services and consulting, together today announced the expansion in their strategic collaboration. This global partnership will allow Infosys to offer its best-in-class delivery capabilities and resell NICE Actimize’s end-to-end financial crime software solutions through either a... more Read more »

Featurespace raises £30 million to drive growth

Featurespace, the leading provider of Adaptive Behavioral Analytics software for Enterprise Financial Crime prevention, has raised £30 million ($37.4 million) from a funding round led by Merian Chrysalis Investment Company Limited. The round also included further funding from a number of existing investors.  The funding will be used to support Featurespace’s continued growth. Read more »

Forter extends its market-leading Fraud Prevention Platform to Payment Service Providers

Forter, the leader in e-commerce fraud prevention, today announced the general availability of its Fraud Prevention Platform for Payment Service Providers (PSPs), enabling PSPs to manage fraud for their merchants. Forter’s award-winning platform accurately reduces fraud chargebacks while increasing approvals, and it delivers an exceptional, frictionless consumer experience. Read more »

Survey reveals consumers risk online security amid pandemic

There is no question that the pandemic has created large-scale social and behavioural shifts among consumers. Not only has it fundamentally changed attitudes toward risk, but it is challenging expectations around online security, convenience and access, or lack thereof, to key staples, e.g. toilet paper purchased online, and other digital services. Read more »

Marqeta Survey: Does Fraud Have to be a Fact of Online Life?

Marqeta, the global modern card issuing platform, today released the findings of a survey of over 4,000 UK and US consumers, looking at their attitudes to, and experiences of, financial fraud. 96% of UK respondents report having concerns about fraud, but more than two fifths (42%) said they accept fraud as a cost of living in an increasingly digital economy. Read more »

Nets and KPMG explore the power of AI in fraud prevention

Man and machine are the perfect pair when it comes to fighting payment fraud, according to a new whitepaper from European payments industry leader, Nets and multinational professional services provider, KPMG. Fighting Fraud with a Model of Models explains how utilising human expertise in combination with artificial intelligence (AI) and machine learning (ML) technologies can significantly increase the accuracy of fraud prevention services. Read more »

Fenergo Launches Remote Account Opening Solution to Accelerate Small Business Emergency Loan Approvals

 Fenergo, the leading provider of digital transformation, customer journey and client lifecycle management (CLM) solutions for financial institutions, today announces the launch of its digital cloud-based Remote Account Opening solution, ahead of schedule, in order to assist US small businesses in accessing PPP emergency loans. Read more »

Coronavirus Pandemic, Store Closures, Shift Consumer Buying Behaviour Leading To Accelerated Digital Transformation For Merchants

Forter, the leader in e-commerce fraud prevention, today announced the release of the Forter Special Report on the Impact of Coronavirus on Consumer and Fraudster Behaviour. Read more »

Financial scam warning as cybercriminals exploit COVID-19 pandemic fears

GoCompare is urging people to stay safe online as official statistics show a dramatic increase in phishing and online shopping scams, with cybercriminals looking to capitalise on coronavirus fears.     According to Action Fraud’s figures for March 2020, coronavirus-related fraud reports have increased by 400%, with victims’ losses totally nearly £1million.  Read more »

Forter Enables Merchants to Offer Competitive Returns Policies without Worry

 Forter, the leader in e-commerce fraud prevention, today announced the release of Forter Returns Abuse Protection. Read more »

Chargebacks911 Launches Partner Onboarding App for Gateways, Fraud Filters and Merchant Service Providers

Chargeback dispute management specialist, Chargebacks911, today launches a new onboarding product for partners that allows merchants to connect to their technology platform through their existing service provider. Read more »

Enfuce Futureproofs its Enterprise Fraud Monitoring with Featurespace

Featurespace™, the world leader in financial crime risk management for fraud and Anti-Money Laundering, has announced that Enfuce - Finland's biggest fintech start-up with more than 8 million end-users in their platform – has selected the ARIC Risk Hub to protect its clients from existing fraud and new attacks. Read more »

Leading French banking group engages AxiomSL’s comprehensive Global Shareholding Disclosure (GSD) solution

AxiomSL, the industry’s leading provider of risk and regulatory reporting solutions, announces an agreement with a global financial institution in France to implement AxiomSL’s Global Shareholding Disclosures (GSD) solution on its data integrity and control platform, ControllerView. The firm is part of a leading Tier-1 French banking group that engages in a range of banking activities, including global asset management. Read more »

CICC and Keesing Technologies partner to prevent identity fraud in Caribbean region

Caribbean Identity Compliance & Consultancy (CICC), a specialist provider of custom built Anti-Money-Laundering (AML) and Combatting-Terrorist- Financing (CFT) solutions, and Keesing Technologies, the leading global identity verification provider, today announced a partnership to help businesses in the Caribbean region prevent identity fraud with best-in-class AML/CFT solutions including industry-leading identity verification. Read more »

ACA Aponix Announces Payment and Fraud Risk Assessment Service

ACA Compliance Group (“ACA”) announced today the availability of its new payment and fraud risk assessment (“PFRA”) offering, which is designed to help firms identify and remediate vulnerabilities within payment flows in order to reduce the risk of costly fraud issues. The service is overseen by the ACA Aponix® division’s senior principal consultant Kamlesh Harry. Read more »


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