Top Honours for LexisNexis Risk Solutions Behavioural Biometrics Tools from Leading Analyst Firm, Datos Insights
- 1 year 2 weeks ago
- Fraud Detection
LexisNexis® Risk Solutions earned recognition as a leader in the Global Behavioural Biometrics and Fingerprinting Solutions report from Datos Insights (formerly Aite-Novarica). It achieved best-in-class scores across three of the four criteria areas assessed: vendor stability, client strength and client service. The analysts also considered LexisNexis Risk Solutions to be a strong contender, bordering on best-in-class status, in the product... more
Featurespace Research Reveals 70% of North American Financial Institutions Have Experienced Increased Fraud Rates in 2023
- 1 year 2 weeks ago
- Fraud Detection
Featurespace, the world leader in enterprise-grade fraud and financial crime technology, today announces the data findings of a new report: The State of Fraud and Financial Crime in North America Annual Report 2023.
Young Banking Customers Losing Almost £550 to Fraud, According to Research
- 1 year 3 weeks ago
- Fraud Detection
Almost half (48%) of 25–34-year-olds have or know someone who has been a victim of financial fraud, with fraudsters taking £570 from people on average, according to new research out today. The data from GFT’s latest ‘Banking Disruption Index’, a quarterly survey of consumer sentiment towards digital banking, found that one in five (22%) victims had to wait up to two weeks to get their money back from their bank.
Feedzai and Mastercard to Expand Crypto Fraud Protection for Consumers Globally
- 1 year 1 month ago
- Fraud Detection
Feedzai a financial crime and risk management solution, and Mastercard – a global technology company in the payments industry - are combining technologies to increase crypto fraud protection for hundreds of millions of consumers.
Vesta and Stripe Partner to Help Increase Authorizations and Safeguard Customers from Fraud
- 1 year 1 month ago
- Fraud Detection
Vesta, a leading transaction guarantee platform, today announced a partnership with
Onfido Launches First Fraud Lab Capable of Creating Synthetic Attacks at Scale as Deepfakes Increase 31X
- 1 year 1 month ago
- Fraud Detection
Onfido, the global automated identity verification provider, today announced the findings of its 2024 Identity Fraud Report and unveiled its Fraud Lab. The report points to the increasing availability of simple-to-use AI tools as the reason for a 31X increase in deepfakes and a 5X increase in digitally forged identities, making it easier for criminals to carry out sophisticated attacks. Onfido’s Fraud Lab has been launched as a response to these... more
Feedzai and CoreCard Partner to Protect Processing Market Against Rising Fraud Levels using Advanced AI
- 1 year 1 month ago
- Fraud Detection
Today Feedzai, the leading provider of financial crime and risk management solutions, has partnered with CoreCard, the gold-standard international provider of prepaid and credit technology solutions and processing services to banks and the financial technology and services market.
FYST Reveals Global Fraud Hotspots to Mark International Fraud Awareness Week
- 1 year 1 month ago
- Fraud Detection
As International Fraud Awareness Week gets underway, FYST, the one-stop payments consultancy for e-commerce businesses, has revealed the fraud hotspots in each geographical region according to Google Trend data.
Paays and Yoti Partner to Reduce Identity Fraud in Auto Financing
- 1 year 1 month ago
- Fraud Detection
Paays Financial Technologies Inc., a leading provider of Fraud Detection, KYC, AML and Income Verification software solutions in Canada, is pleased to announce a new partnership with Yoti, a leading digital identity company. Paays will integrate Yoti’s identity verification technology with the Paays ID Verifier solution, to streamline the customer journey, strengthen identity checks and reduce the risk of fraud in auto finance applications.
Onfido Survey: Businesses Risk Losing Trillions by Ignoring the Use of AI for Fraud Prevention
- 1 year 1 month ago
- Fraud Detection
Onfido, the global leader in automated identity verification, today released the results of a study surveying over 1,500 business leaders from industries including financial services, gaming, retail, healthcare, transportation, legal and telecoms, across the US, UK, and Italy to examine perceptions, challenges and usages of AI. The research shows that as interest and investment in AI technology soars, leaders are concerned about the growth of AI... more
BR-DGE Joins Forces with Sift to Offer Merchants Market-leading Fraud Protection
- 1 year 1 month ago
- Fraud Detection
Leading payment orchestration provider BR-DGE has today announced its latest partnership with Sift, the leader in Digital Trust & Safety, to support merchants in the fight against payment fraud. This new partnership will give BR-DGE merchants access to Sift’s machine learning platform for fraud and risk decisioning via BR-DGE Connect, its payments ecosystem connectivity tool.
Experian’s Data Network Aims to Help US Automotive Lenders Fight Fraud
- 1 year 1 month ago
- Fraud Detection
With rising vehicle prices and the automotive industry relying more heavily on digital retailing, lenders are experiencing an uptick in fraudulent loan applications. As a result, Experian® today introduced the Hunter Automotive Fraud Alliance©, a collaborative data network designed to help automotive lenders in the United States share real-time fraud intelligence to minimize fraud risk, while maintaining a positive customer experience.
Bankjoy Partners with Fraud.net to Offer Real-Time Fraud Prevention for Financial Institutions
- 1 year 1 month ago
- Fraud Detection
Bankjoy, a leading digital banking provider, today announced its partnership with Fraud.net, the first end-to-end fraud management solution specifically built for digital enterprises and fintechs globally.
Feedzai Named as Financial Crime - Enterprise Fraud Category Winner by Chartis in its Latest RiskTech100 Report
- 1 year 2 months ago
- Fraud Detection
Today, Feedzai, the world’s first RiskOps platform for financial risk management, has been named as the Financial Crime – Enterprise Fraud category winner by Chartis in its latest RiskTech100 Report. Feedzai was selected for the award over the other vendors in the report, reinforcing its cutting-edge technology approach in tackling fraud.
TransUnion Helps Tymit To Improve Its Fraud Prevention
- 1 year 2 months ago
- Fraud Detection
TransUnion has partnered with London-based fintech company Tymit to help mitigate fraud risks whilst enabling friction-right experiences for consumers applying for Tymit’s pioneering instalment credit card.
