Category : Security

Online Fraud is Surging, AI is the Weapon of Choice, Says Veriff's New Report
Artificial Intelligence News Security

Online Fraud is Surging, AI is the Weapon of Choice, Says Veriff’s New Report

GlobeNewswire
by GlobeNewswire0
In light of Fraud Prevention Month, Veriff’s US Fraud Industry Pulse Survey 2025 reveals escalating fraud threats and the critical role of IDV and AI in combating them. Veriff, a global identity verification and authentication platform, released its US Fraud Industry Pulse Survey 2025, revealing a significant rise in online fraud......
Smart Eye Technology and Finov8r Announce Strategic Partnership to Combat Fraud in Community Banking
Banking News Security

Smart Eye Technology and Finov8r Announce Strategic Partnership to Combat Fraud in Community Banking

Business Wire
by Business Wire0
Smart Eye Technology, a leader in biometric security and continuous authentication solutions, has partnered with Finov8r, an advisory firm specializing in financial technology innovation, to bring cutting-edge fraud prevention solutions to U.S.-based community banks. “By integrating Smart Eye’s technology, we’re introducing a highly secure authentication method that will protect banks and......
AuthenticID and Authvia Join Forces to Provide Secure, Frictionless Digital Payments
Artificial Intelligence Digital Payments Finance Fintech News Security

AuthenticID and Authvia Join Forces to Provide Secure, Frictionless Digital Payments

Business Wire
by Business Wire0
AuthenticID, a global leader in identity verification and fraud prevention solutions, has been selected by Authvia as its trusted provider for securing digital payments. Through this partnership, AuthenticID’s identity verification platform will be integrated into Authvia’s cutting-edge Text-to-Pay and Conversational Commerce solution, setting a new standard in AI-powered payments. As digital payments......
Persona Unveils Industry-First Business Fraud Prevention Solution
Business Fintech News Security

Persona Unveils Industry-First Business Fraud Prevention Solution

PR Newswire
by PR Newswire0
New solution strengthen defenses against rising business impersonation and fraud rings Persona, a leading global identity platform, announced the next generation of their unified KYC-KYB platform that will combat sophisticated fraud during business onboarding and throughout the business lifecycle. These enhancements deliver unprecedented insights into both businesses and the individuals behind them,......
Artificial Intelligence Cloud Digital Payments Featured Finance Fintech Security

Modernizing Payment Infrastructures: Strategies for Mitigating Legacy Technology Risks

Fintech Staff Writer
by Fintech Staff Writer0
Payment infrastructure forms the backbone of financial transactions in today’s digital economy, enabling the seamless movement of money across individuals, businesses, and governments. However, as consumer expectations evolve and the volume of digital transactions skyrockets, many organizations find themselves constrained by outdated, legacy payment systems. Modernizing payment infrastructure is no......
Osaic Forms Strategic Relationship with Zocks to Provide Their Financial Professionals Access to an AI-Driven Edge in Productivity
Artificial Intelligence News Security

Osaic Forms Strategic Relationship with Zocks to Provide Their Financial Professionals Access to an AI-Driven Edge in Productivity

Business Wire
by Business Wire0
Collaboration empowers Osaic’s financial professionals with Zocks’ Client Intelligence Platform for streamlining workflows, and enhancing client engagement, while ensuring the highest standards of privacy and security Zocks, a privacy-first AI platform for financial advisors, announced a strategic relationship with Osaic, one of the nation’s largest providers of wealth management solutions.......
Artificial Intelligence Blockchain DeFi Finance Fintech Guest Posts Risk Management Security

Catching the New Wave of AI-Driven Fraudsters with Data Science

Sukruth Pillarisetti
by Sukruth Pillarisetti0
The financial industry is at a turning point where AI has become a double-edged sword. While it’s driving innovation, it’s also introducing new risks to contend with. Over the last few years, as the industry evolves to combat fraud with AI, criminals not encumbered with strict regulation and able to......
Antom Receives SOC 2 Type II Certification as It Enhances Unified Merchant Payment Services with AI-Powered Payment Optimization and Risk Tech
Digital Payments News Security

Antom Receives SOC 2 Type II Certification as It Enhances Unified Merchant Payment Services with AI-Powered Payment Optimization and Risk Tech

Business Wire
by Business Wire0
Antom, a leading unified merchant payment services provider under Ant International, has received Service Organization Control (SOC) 2 Type II certification, a globally recognised benchmark for data security and privacy protection. This certification underscores Antom’s commitment to meeting the highest security standards, reinforcing its advanced payment solutions. “Antom remains committed......
Artificial Intelligence Digital Payments Featured Fintech Security Trading

Explainable Generative AI in Financial Fraud Detection and Reporting

Fintech Staff Writer
by Fintech Staff Writer0
The financial sector faces a constant threat from fraud, ranging from identity theft and money laundering to insider trading and payment fraud. The complexity of financial transactions, combined with the growing sophistication of fraudsters, has made detecting fraudulent activity increasingly challenging. This is where Generative AI in financial fraud detection......
Entrust Enables European Issuers to Create Their Own NFC Issuer Wallet on iOS Devices
Banking Digital Payments News Security

Entrust Enables European Issuers to Create Their Own NFC Issuer Wallet on iOS Devices

Business Wire
by Business Wire0
Solution Enables Financial Institutions to Enable Their Own Wallet With a Fully Branded Experience Entrust, a global leader in identity-centric security solutions, has announced the launch of the NFC Issuer Wallet Solution for iOS, allowing European financial institutions to build their own wallet within their banking app, in addition to......
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