Zenus Bank Accelerates Transition to the Cloud with NICE Actimize Anti-Money Laundering and Fraud Essentials
- 5 years 3 months ago
- Cloud, Fraud Detection, Compliance, AML and KYC
Leading the industry with solutions protecting challenger banks and digital financial services offerings, NICE Actimize, a NICE (Nasdaq: NICE) business and the leader in autonomous financial crime management, was selected by Zenus Bank, San Juan, Puerto Rico, to establish a cloud-focused financial crime strategy for both anti-money laundering compliance and enterprise fraud protections with its
UK Banks Lead in Race to Merge Fraud, Financial Crime Operations
- 5 years 3 months ago
- Data Protection, Fraud Detection, Compliance
A new independent survey by research firm Ovum on behalf of global analytic software firm FICO has found that most banks plan to integrate their fraud and financial crime compliance systems and activities, in response to new criminal threats and punishing fines. Responses show that UK banks are more advanced in their progress and ambitions than most countries surveyed.
Exness Partners Up With Sumsub for Fraud Protection Assistance and Globally Inclusive AML Compliance
- 5 years 3 months ago
- Security and Compliance, Security, Fraud Detection
Scalable automated solution Sumsub provides trading market giant Exness with a unified gate to general AML/KYC due diligence, and regulatory compliance, slashing costs in half.
Global Tech Leaders Introduce Revolutionary Way to Eradicate Invoice Fraud
- 5 years 3 months ago
- Fraud Detection
The world's very first AI-powered invoice checker has been launched in a bid to help both large and small organisations minimise the risk of invoice fraud. The innovative new Check an Invoice tool uses artificial intelligence to 'learn' how to recognise incompatibilities and inconsistencies in invoice data, identifying and highlighting potentially fraudulent information that can easily be overlooked by corporate finance teams.
Nets announced the publication of The European Fraud Report.
- 5 years 3 months ago
- Fraud Detection
Financial institutions should take a more holistic approach to fraud prevention or risk losses spiralling out of control, according to a new report published by European payments industry leader Nets.
Contis Establishes PSD2-Ready, Automated Fraud Detection in Record Time with Featurespace
- 5 years 4 months ago
- Security, Fraud Detection, Risk Management
Featurespace, the leading provider of Adaptive Behavioral Analytics for fraud detection and risk management, announced the seamless, 92-day, on-premise enterprise delivery of its ARIC Fraud Hub with Contis, an award-winning banking, payments and processing solution provider.
Ingenuous teams up with Keesing Technologies to prevent fraud
- 5 years 5 months ago
- Security, Fraud Detection
Melbourne-based Ingenuous and Amsterdam-based Keesing Technologies have signed a strategic partnership deal on 12 July 2019.
BRC and Chargebacks911 support retailers struggling with payment disputes
- 5 years 5 months ago
- Payments, Security, Fraud Detection, Compliance, Risk Management
The go-to trade association for all UK retailers, British Retail Consortium (BRC), is working with cutting-edge dispute processing and remediation company, Chargebacks911, to help its members better understand how to combat friendly fraud and chargebacks.
Brighterion and Elavon to Fight Fraud with Artificial Intelligence
- 5 years 5 months ago
- Artificial Intelligence, Security, Fraud Detection
While the global implementation of EMV chip technology has reduced fraud activity for card payments, the payment’s ecosystem is still battling the threat of new and emerging fraud payment schemes online. Brighterion, a Mastercard company, and Elavon, a global payments provider and subsidiary of U.S.
Refinitiv and Napier to help combat money laundering with improved transaction monitoring solution
- 5 years 6 months ago
- Fraud Detection, Compliance, AML and KYC
Refinitiv has partnered with Napier, a leading anti-money laundering (AML) and intelligent compliance software provider, to offer a next-generation transaction monitoring solution designed to help corporates and financial institutions tackle money laundering and combat emerging threats in financial crime. The partnership offers Napier’s advanced analytics, automation and transparent artificial intelligence, backed by Refinitiv’s World-Check Risk... more
StreamMind rolls out global confirmation payee solution for banks to comply with new Payment Systems Regulator’s code of practice
- 5 years 6 months ago
- Fraud Detection, Compliance, AML and KYC
StreamMind, a leading technology provider, announced the roll out in Europe of its solution to prevent bank transfer scams, a solution that allows a user to match an identity with bank account number. The solution enables the bank to comply with the recent proposal by Payment Systems Regulator to fully put confirmation of payee measures in place by 31st March 2020.
Featurespace Launching Adaptive Behavioural Biometrics to Solve Complex Fraud Attacks
- 5 years 6 months ago
- Fraud Detection, Data
Featurespace introduced Adaptive Behavioral Biometrics, which uses in-session behavioral data collected from digital channels in real time to detect and prevent fraud during customer onboarding and digital sessions.
HooYu Identifies 1 in 8 Disqualified Directors are Abusing the Commercial Register
- 5 years 7 months ago
- Fraud Detection, Security
Research by fraud investigation technology provider HooYu has identified loopholes at Companies House that enables individuals to register as a director, to run businesses and to enable fraud and money laundering, even after they have been struck-off from holding company directorships.
Yooz leverages Artificial Intelligence to help UK businesses tackle invoice fraud
- 5 years 8 months ago
- Artificial Intelligence, Fraud Detection
Yooz, an international provider of intelligent P2P software in the Cloud, today announced the launch of YoozProtect, a new functionality to assist in the automatic detection of fraudulent and forged documents and enhance regulation compliance for UK businesses.
Accuity Launches AI-Powered Financial Crime Compliance Screening to Detect and Prioritise Highest Risk Individuals
- 5 years 8 months ago
- Artificial Intelligence, Fraud Detection, Compliance, Security
Accuity, the leading provider of financial crime compliance, payments, and Know Your Customer (KYC) solutions, has announced its AI-driven account screening capability, ‘Firco Automated Alert Reduction’, which increases the level of accuracy in detecting and evaluating screening matches during the KYC process.
