Search Results for: potential fraud

While Global New Account Fraud Rates Fell by 23% in 2020, Fraud Rates in the UK Climbed 28%
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While Global New Account Fraud Rates Fell by 23% in 2020, Fraud Rates in the UK Climbed 28%

Fintech News Desk
by Fintech News Desk0
New data from Jumio, the leading provider of AI-powered end-to-end identity verification and eKYC solutions, reveals that new account fraud based on ID verification increased 28% in the UK YOY for 2020, while the global average fell 23% compared to 2019 levels. At the same time, selfie-based fraud rates were nearly......
NewDay-Scores-with-TigerGraph-Cloud-to-Fight-Financial-Fraud
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NewDay Scores With TigerGraph Cloud to Fight Financial Fraud

Fintech News Desk
by Fintech News Desk0
TigerGraph, the only scalable graph database for the enterprise, today announced that NewDay, a leading specialist financial services provider and one of the largest issuers of credit cards in the UK, will use TigerGraph’s advanced graph analytics to prevent and preempt financial fraud. NewDay, with TigerGraph, will transform how the company......
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Raise Marketplace LLC Launches Fraud Prevention Solution rZero to Help Corporations Fight Digital Fraud

Fintech News Desk
by Fintech News Desk0
Raise Marketplace LLC, the leading mobile payments and prepaid gift card company, today announced the launch of rZero (pronounced “R zero”), a new risk minimization service that prevents digital fraud including account takeover, fraudulent accounts and payment transaction fraud, protecting corporations from potential losses due to counterfeit activity. As more payment systems......
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Admiral Seguros Banks On Shift Technology’s AI For Fraud Detection And Prevention

Fintech News Desk
by Fintech News Desk0
Shift Technology, a provider of AI-native fraud detection and claims automation solutions for the global insurance industry today announced that Admiral Seguros has adopted the company’s Shift Claims Fraud Detection. The insurer recognized Shift a leader in the application of Artificial Intelligence to claim analysis in order to prevent and combat......
Shift Technology Analyzes Fraud, Waste, and Abuse Trends Impacting the Global Health Insurance Industry
Fintech InsurTech News

Shift Technology Analyzes Fraud, Waste, and Abuse Trends Impacting the Global Health Insurance Industry

Fintech News Desk
by Fintech News Desk0
Shift Technology, a provider of AI-native fraud detection and claims automation solutions for the global insurance industry today published its latest analysis of the fraud trends being faced across the insurance industry. In Shift Technology Fraud Insights Vol. 2: November 2020, the company focuses in on the schemes driving Fraud, Waste, and......
Luko and Shift Technology Apply Artificial Intelligence to the Fight Against Fraud
Artificial Intelligence Fintech InsurTech News

Luko and Shift Technology Apply Artificial Intelligence to the Fight Against Fraud

Fintech News Desk
by Fintech News Desk0
Shift Technology, a provider of AI-native fraud detection and claims automation solutions for the global insurance industry announced its fraud detection technology has been selected by digital native neo-insurance company Luko. Read More: SAP Extends Its Lead in the Dow Jones Sustainability Indices Since its launch in May 2018, Luko has......
FRISS Fraud Study Shows the Impacts of COVID-19 on AI and Digitalization in Insurance
Artificial Intelligence Fintech InsurTech News

FRISS Fraud Study Shows the Impacts of COVID-19 on AI and Digitalization in Insurance

Fintech News Desk
by Fintech News Desk0
A 2020 study by FRISS reveals how the pandemic changed insurers’ priorities In a recent study by FRISS, the global leader in AI-powered fraud detection software for insurers, the impacts of COVID-19 as well as long-term industry trends are highlighted. The study gathered input from nearly 500 insurance professionals worldwide......
ACI Worldwide Launches Fraud Management in the Cloud to Protect Against Threat of UPI Payments Fraud
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ACI Worldwide Launches Fraud Management in the Cloud to Protect Against Threat of UPI Payments Fraud

Fintech News Desk
by Fintech News Desk0
Indian banks and financial institutions can quickly set up advanced transaction monitoring rules for UPI payments with a highly flexible and scalable SaaS solution, as monthly transactions exceed 2 billion ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions, today announced ACI Fraud Management in the......
Forter and FreedomPay Partner to Connect Merchants and Banks Across a Global Network to Fight Fraud and Reduce False Declines
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Forter and FreedomPay Partner to Connect Merchants and Banks Across a Global Network to Fight Fraud and Reduce False Declines

Fintech News Desk
by Fintech News Desk0
Power of network helps merchants and banks block fraud instantaneously and ensure legitimate online shoppers aren’t declined by mistake Forter, the leader in e-commerce fraud prevention, today announced a partnership with FreedomPay, a global leader in Next Level Commerce™, establishing the first joint network for online merchants and banks to instantaneously......
PSCU to Leverage FICO Customer Communications Services to Build Leading Fraud Alert Solution for Credit Unions
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PSCU to Leverage FICO Customer Communications Services to Build Leading Fraud Alert Solution for Credit Unions

Fintech News Desk
by Fintech News Desk0
PSCU, the nation’s premier payments credit union service organization (CUSO), announced today that it will begin using FICO  Customer Communications Services (CCS) to build a cutting-edge fraud alert program that will notify members of potential fraud quickly, in the channel best suited for the member, and in a secure way that......
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