Search Results for: fraudulent consumers

44% of U.S. Consumers Are Open To AI in Banking–With A Few Caveats
Banking News

44% of U.S. Consumers Are Open To AI in Banking–With A Few Caveats

Business Wire
by Business Wire0
GFT’s Banking Disruption Index Reveals Consumers Are Receptive to Automated Saving Advice and Fraud Detection, But Aren’t Sure About Complex Integrations U.S. banking customers are warming up to the idea of artificial intelligence (AI), with some parameters, according to a new report released today. The Banking Disruption Index from global digital transformation......
Webtel.mobi’s Zero Cost, Multicurrency Payment Gateway Systems, Available to Merchants and Consumers Worldwide
Digital Payments News

Webtel.mobi’s Zero Cost, Multicurrency Payment Gateway Systems, Available to Merchants and Consumers Worldwide

Fintech News Desk
by Fintech News Desk0
WM’s ICLM and TUV online payments capacities provide Online Businesses worldwide with free and instant integration, and zero-cost multicurrency transactions and wallets The Payments Facilities of Global Telephony Provider Webtel.mobi (“WM”) are not limited to Offline Payments. Its ICLM and TUV Facilities also have full Online Payments capacity, and can......
BAI Finds Consumers Confident in Financial Services Organizations’ Fraud Response
Artificial Intelligence Banking Fintech Investment Services News

BAI Finds Consumers Confident in Financial Services Organizations’ Fraud Response

Fintech News Desk
by Fintech News Desk0
According to research recently conducted by BAI, a nonprofit independent organization that delivers the financial services industry’s most actionable insights, fraud and security remain the biggest frustration with digital banking customers. Today’s consumer is faced with greater challenges relative to fraud due to the impact of the COVID-19 pandemic, subsequent......
Experian’s Precise ID® Solution Is Helping Prevent and Detect Improper and Fraudulent Unemployment Insurance Payments
Fintech InsurTech News

Experian’s Precise ID® Solution Is Helping Prevent and Detect Improper and Fraudulent Unemployment Insurance Payments

Fintech News Desk
by Fintech News Desk0
Experian announces exclusive partnership to help states mitigate fraud amid COVID-19 pandemic In the wake of unprecedented unemployment fraud since the start of COVID-19, Experian®, the world’s leading global information services company, today announced it was selected as the exclusive partner for identity and fraud verification for the Unemployment Insurance (UI)......
India’s Largest Bank Modernizes its Payment Switching System with ACI Worldwide Technology
Business Fintech Investment Services News

eCommerce Transactions Will Soar During Holiday Shopping Season As Pandemic Leads to More Lockdowns, Per New Data from ACI Worldwide

Fintech News Desk
by Fintech News Desk0
New benchmark data from ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions, revealed a 23 percent increase in global eCommerce transactions in October 2020 compared to October 2019. This increase was driven by the retail, gaming, DIY and digital sectors as consumers prepare for further lockdowns.......
Zimswitch Taps ACI Worldwide to Protect Zimbabweans from Payment Fraud
Digital Payments Finance Fintech News Risk Management

Zimswitch Taps ACI Worldwide to Protect Zimbabweans from Payment Fraud

Business Wire
by Business Wire0
Zimswitch will utilize ACI Fraud Management and Payments Intelligence to combat fraud in Zimbabwe Zimbabwe, an original innovator in global payments technology, today announced that Zimswitch, Zimbabwe’s national electronic payments switch and a leading payments technology company, has chosen ACI’s Fraud Management and Payments Intelligence solution to enhance its fraud prevention and......
PayAccept Introduces Multi-Dimensional QR Code Technology to Combat Rising ‘Quishing’ Scams
Digital Payments Fintech News

PayAccept Introduces Multi-Dimensional QR Code Technology to Combat Rising ‘Quishing’ Scams

EIN Presswire
by EIN Presswire0
As QR codes continue to revolutionize the way we interact with digital systems, a new challenge has emerged: “quishing,” or QR phishing scams. As QR codes continue to revolutionize the way we interact with digital systems, a new challenge has emerged: “quishing,” or QR phishing scams. These scams exploit the......
FTA Launches Annual “Smarter Than Scams” Campaign Ahead of Holiday Shopping Season
Fintech News

FTA Launches Annual “Smarter Than Scams” Campaign Ahead of Holiday Shopping Season

Business Wire
by Business Wire0
Campaign aims to educate consumers on how to prevent common payment scams during the holiday season and how Cash App, PayPal, and Venmo protect consumers to transact safely The Financial Technology Association (FTA) launched its annual campaign, Smarter Than Scams, to help consumers recognize and avoid common payment scams during the holiday......
Artificial Intelligence Finance Fintech Interviews Lending

Global Fintech Series Interview with Krishna Venkatraman, Chief Data Officer at Kueski

Paroma Sen
by Paroma Sen0
Krishna Venkatraman, Chief Data Officer at Kueski talks about the various ways in which AI and ML driven enhancements are impacting the growth of fintech in this interview: ___________ Hi Krishna, tell us about yourself and your role at Kueski and your takeaways from being in fintech all these years.......
Artificial Intelligence Banking Digital Payments Featured Finance Fintech Risk Management Security

Leveraging AI and Data Analytics for Better Risk Assessment

Fintech Staff Writer
by Fintech Staff Writer0
The rapid evolution of financial technology has brought forward innovative ways to borrow and lend, transforming how consumers approach personal finance. One standout development in this space is the rise of Buy Now, Pay Later (BNPL) services, a flexible and accessible lending model that has disrupted traditional banking and credit......
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