Category : Security

Artificial Intelligence Banking Digital Payments Featured Finance Fintech Risk Management Security

AI-Powered Fraud Detection For Fintechs: Upskilling Security Teams with Advanced Machine Learning Tools

Fintech Staff Writer
by Fintech Staff Writer0
Financial technology, or FinTech, has come a long way since its inception in the 1990s when Citicorp pioneered the Financial Services Technology Consortium. While the term initially focused on collaboration between banks and tech firms, it wasn’t until the early 2000s—spurred by the rapid expansion of the internet—that FinTech evolved......
Banking Finance Fintech Guest Posts Risk Management Security

The Fintech-Banking Fusion: Navigating Risks and Opportunities

Will Hamory
by Will Hamory0
The Fintech-Banking Fusion: Reshaping the Financial Ecosystem Hybrid financial companies blend fintech’s agility with banking’s traditional services — the best of both worlds. Fintech firms are moving past basic offerings like payments, stepping into areas once owned by banks, including deposits, lending, and wealth advice. This shift is driven by......
SEON Powers Fraud Prevention for Tecovas Across the Brand’s Rapidly-Growing Retail and E-Commerce Operations
Finance Fintech News Security

SEON Powers Fraud Prevention for Tecovas Across the Brand’s Rapidly-Growing Retail and E-Commerce Operations

GlobeNewswire
by GlobeNewswire0
SEON, a leader in digital fraud prevention and compliance, today announced Tecovas, the world’s fastest-growing Western brand, has adopted SEON’s technology to strengthen security and streamline fraud detection across its retail and e-commerce operations. Recognizing the increasing importance of protecting both online and in-store transactions, Tecovas took a proactive approach to preventing fraudulent......
Incognia Launches Incognia ID: A New Standard for Fraud Prevention
Fintech News Security

Incognia Launches Incognia ID: A New Standard for Fraud Prevention

PR Newswire
by PR Newswire0
Breakthrough identity technology surpasses device fingerprinting for more accurate, reliable user verification Incognia, the innovator behind next-generation identity solutions, announced the launch of Incognia ID, a breakthrough in digital identity that redefines how platforms identify users and stop fraud. Going beyond legacy device fingerprinting, Incognia ID combines device intelligence and......
Artificial Intelligence Blockchain Featured Finance Fintech InsurTech Machine Learning Security

Enhancing Customer Engagement through Agentic AI-Powered Virtual Insurance Advisors

Fintech Staff Writer
by Fintech Staff Writer0
Customer engagement has become a crucial differentiator in the insurance industry. Traditional methods of customer interaction often struggle to meet the growing expectations of tech-savvy clients who demand personalized, efficient, and seamless experiences. Enter Agentic AI-powered virtual insurance advisors—an innovation that leverages artificial intelligence to enhance user experience, streamline processes,......
Digital Payments Finance Fintech Guest Posts Risk Management Security

Combatting Rising Check Fraud with Virtual Cards: A Secure Payment Solution

Anil Goyal
by Anil Goyal0
By Anil Goyal, CEO at CorServ Check fraud is experiencing a troubling resurgence in the financial ecosystem, driven by advanced criminal tactics and vulnerabilities in traditional payment systems. According to the 2024 AFP® Payments Fraud and Control Survey Report, checks remain the most vulnerable payment method, with 65 percent of......
Artificial Intelligence Featured Finance Fintech Machine Learning Risk Management Security

Can Machine Learning Enhance Self-Sovereign Identity Systems?

Fintech Staff Writer
by Fintech Staff Writer0
Artificial Intelligence (AI) and Machine Learning (ML) have been reshaping industries, from healthcare and marketing to cybersecurity and finance. In 2018 alone, over 60,000 U.S. patent applications 16% of the total—incorporated AI components, underscoring its growing influence across sectors. Among these industries, cybersecurity has emerged as one of the most......
CSI Launches Advanced, AI-Powered AML Compliance and Fraud Detection Platform
Compliance management Fintech News Security

CSI Launches Advanced, AI-Powered AML Compliance and Fraud Detection Platform

Business Wire
by Business Wire0
CSI’s TruDetect and TruProtect solutions provide financial institutions clarity, transparency and control over their compliance processes as well as real-time fraud detection capabilities CSI, a leading provider of end-to-end financial software and technology, announced the launch of its AI-powered AML compliance and fraud detection solutions: TruDetect and TruProtect. The solutions......
Digital Featured Fintech Risk Management Security

How Self-Sovereign Identity Works and Why It’s a Game-Changer for Privacy

Fintech Staff Writer
by Fintech Staff Writer0
What if you had complete control over your digital identity—no passwords to remember, no third parties tracking your data, and no centralized databases vulnerable to breaches? In a world where personal information is constantly at risk, self-sovereign identity (SSI) is emerging as the next evolution in digital identity management. Unlike......
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