Search Results for: Cybercrime

Banks and Retailers Urged to Update Fraud Prevention Tools to Protect Consumers and Stop Surging Identity Theft and Fraud
Fintech News Risk Management

Banks and Retailers Urged to Update Fraud Prevention Tools to Protect Consumers and Stop Surging Identity Theft and Fraud

Fintech News Desk
With the holiday shopping season in high gear and COVID-19 cases continuing to skyrocket, identity theft and fraud is occurring at a record pace. According to the FBI, reported cybercrimes alone have risen 300% since the beginning of the pandemic. Fraudsters are using the abundance of stolen personal identifiable information......
Fintech Guest Posts InsurTech

The Future of Cyber Insurance: Flexibility, Transparency & Specialization

Isabelle Dumont
Cyber insurance – a term we’re getting used to seeing more and more these days but I’d argue there remains a general sense of anxiety associated with it. In fact, according to Advisen’s 2020 Cyber Insurance Market’ View survey, the three main identified obstacles to cyber insurance adoption are “not......
5 Major Fintech Trends of 2020
Artificial Intelligence Banking Cryptocurrency Fintech Guest Posts

5 Fintech Trends From 2020!

Shiv Nanda
India is one of the fastest growing Fintech markets in the whole world, alongside China. Digital banking with global payment solutions is on the rise everywhere, and brick and mortar banks are feeling just as threatened to compete with this technology that is predicted to disrupt a giant industry worth......
Ekata Introduces Account Opening API
Fintech News

Ekata Introduces Account Opening API

Fintech News Desk
Ekata, a global leader in digital identity verification, introduces the Account Opening API, designed to take action on high-risk accounts to mitigate losses from synthetic identity fraud. The Account Opening API identifies potential bad actors from good customers during the online application process. Designed to support customer onboarding strategies, the......
Temenos SaaS Supports Flowe in Launching an Ethical Challenger Bank in Record Time
Banking Fintech News

Temenos SaaS Supports Flowe in Launching an Ethical Challenger Bank in Record Time

Fintech News Desk
Flowe, the environmentally-friendly Italian challenger bank, went live in just 5 months with Temenos Transact, core banking and AI-powered Financial Crime Mitigation, delivered as SaaS With Temenos SaaS technology, Flowe has created a hyper-efficient cost structure that enables the bank to deliver more value to its customers. Temenos SaaS technology......
ZoodMall and OpenSooq Add Qi Card as Payment Option
Fintech News

ZoodMall and OpenSooq Add Qi Card as Payment Option

Fintech News Desk
Iraqi Consumers Gain Safer Way to Transact with Top Retailers Qi Card, the leading electronic payment solution and national debit/credit card of Iraq, today announced that ZoodMall and OpenSooq have joined the legions of retailers accepting Qi Card as a form of payment. This announcement marks the latest in a series......
Alloy Taps Plaid Veteran Charley Ma as GM of Fintech
Fintech News

Alloy Secures $40 Million in Series B Funding Led by Canapi Ventures

Fintech News Desk
Doubles Revenue and Customer Base as More Banks and Fintechs Use API Service to Automate Risk Decisions and Onboard Customers Alloy, the identity operating system for the financial services industry, today announced it has raised $40 million in Series B funding. Canapi Ventures led the round with participation from Felicis Ventures and Avid Ventures,......
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