Category : Risk Management

Blockchain Cryptocurrency Fintech Risk Management

Revolut Adopts Elliptic’s Crypto Compliance Software And Broadens Its Cryptocurrency Offering

FTS News Desk
Revolut, the fast growing fintech with more than 15 million customers, has announced today that they have integrated with Elliptic, the global leader in cryptoasset risk management and blockchain analytics. This partnership lets Revolut broaden its cryptocurrency offering. Revolut Metal customers in the UK are now able to withdraw cryptocurrency......
Fintech News Risk Management

Feedzai Fairband Named a World-Changing Idea by Fast Company

FTS News Desk
Finalist in the Software category and an honorable mention in the AI & Data category as part of the 2021 World-Changing Ideas Awards Feedzai Fairband was recently recognized as “Fraud Prevention Innovation of the Year” by Fintech Breakthrough Awards and as “RegTech of the Year” in the 2021 Asia FinTech Awards Feedzai recently announced a $200......
Finance Fintech News Risk Management

Topa Insurance Group Selects Duck Creek Reinsurance Management to Increase Operational Efficiency and Improve Data Analytics

FTS News Desk
Specialty property and casualty insurer chooses Duck Creek Reinsurance Management to increase its scalability, speed, and process efficiency  Duck Creek Technologies announced today that Topa Insurance Group, a boutique carrier based out of Calabasas, CA, has taken the next step in its digital transformation and selected Duck Creek Reinsurance Management to handle its......
Fintech Guest Posts Risk Management

3 Steps for FinTech-Powered Fraud Prevention

David Jackson
“Spam Risk” may have shown up on your phone more times than you can count this year. And you’re probably tired of receiving emails from regal-sounding senders asking for your help recovering massive amounts of cash from overseas banks. Fraudsters are just as often going straight to financial institutions with......
Cryptocurrency Finance Fintech News Risk Management

Babel Finance Secures $40 Million in Series A Round from Global Investors Amid Increasing Demand For Crypto Financial Services

FTS News Desk
Babel Finance looks to serve mainstream investors and expand globally with selected investors experienced in global compliance and with extensive business networks Babel Finance, a leading global crypto financial service provider, announced the completion of its strategic Series A fundraising of US$40 million. The round was led by Zoo Capital, Sequoia Capital......
Artificial Intelligence Banking Cryptocurrency Fintech Risk Management

BlockBank Brings AI Consulting to the Crypto Industry

FTS News Desk
BlockBank is harnessing  artificial intelligence and adding it to the traditional banking and DeFi system, making the entire ecosystem safer, more private and more decentralized. The platform will be AI driven, meaning it will monitor and understand social intelligence, risk mitigation, analytics, batch transactions and smart contracts. BlockBank aims to expand......
Digital Payments News Risk Management

Quisitive Completes Transformational Acquisition of BankCard USA

FTS News Desk
Quisitive Technology Solutions Inc., a premier Microsoft Cloud Services and Payments Solutions Provider, announces the closing of its acquisition of BankCard USA Merchant Services, an established all-in-one merchant payment services provider. The Transaction was previously announced on March 29, 2021. The successful acquisition of BankCard is expected to be transformational for......
Digital Payments Guest Posts Risk Management

Top Best Practices to Help Online Retailers Avoid Payment Fraud

Andre Ferraz
As we enter 2021, the changes in consumer buying behavior brought on by the global pandemic are becoming the new norm. With lockdowns continuing into the New Year, and access to stores drastically restricted, online shopping is now, for many consumers, the primary retail channel. New terms such as BOPIS,......
InsurTech News Risk Management

Shift Technology Secures $220 Million in a Series D Investment Round Led by Advent International

FTS News Desk
Shift Technology, a SaaS provider of artificial intelligence (AI)-driven decision automation and optimization solutions for the global insurance industry, today announced the company closed a Series D investment round of $220 million. The round was led by Advent International, through Advent Tech, with participation from Avenir and others. Previous Series C......
Guest Posts Risk Management

Money Laundering: How It Works, and How to Combat It

Martin Cheek
For the layperson, the act of anti-money laundering monitoring may seem like it should solely be the purview of governmental authorities. But the fact of the matter is that money laundering is a process far more common than one might think: according to the Treasury department, financial crime in the United......