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Banking Digital Payments Featured Fintech News Security

Security and Fraud Prevention in Digital Payments

Prajakta Ayade
by Prajakta Ayade0
In an era where digital transactions are an everyday aspect, ensuring security and fraud prevention in digital payments has become critical. With the convenience of online shopping, mobile banking, and contactless payments, consumers are increasingly embracing new age digital payment methods. Digital payments reign supreme, offering convenience, speed, and accessibility.......
Banking Digital Payments Featured Finance Fintech Investment Services

Financial Inclusion through Digital Payments

Prajakta Ayade
by Prajakta Ayade0
In today’s rapidly evolving global economy, access to financial services is more than just a convenience; it’s a necessity for individuals and communities to move forward, and thrive.  However, traditional banking services often fail to reach marginalized and underserved populations, leaving them excluded from the formal financial system. This lack......
Every Rupee Lost to Fraud in India Costs Firms ₹4.00 According to LexisNexis True Cost of Fraud Study
Banking News

Every Rupee Lost to Fraud in India Costs Firms ₹4.00 According to LexisNexis True Cost of Fraud Study

PR Newswire
by PR Newswire0
Fraud has increased for 54% of Indian organisations year-on-year. In APAC, digital channels account for more fraud losses than physical channels. Four in five Indian organisations say fraud is affecting their customer conversion rates. LexisNexis Risk Solutions has unveiled the findings of its 2023 LexisNexis True Cost of Fraud Study......
BioCatch Releases Inaugural Annual Report on AI's Impact on Digital Fraud and Financial Crime
Finance Fintech News

BioCatch Releases Inaugural Annual Report on AI’s Impact on Digital Fraud and Financial Crime

PR Newswire
by PR Newswire0
Survey of 600 Fraud-Fighters in 11 Countries on Four Continents Shows Paradox of Financial Institutions Already Using AI Tools to Defend Themselves as Criminals Launch AI-Super-Charged Attacks Nearly 70% of the 600 fraud-management, anti-money laundering, and risk and compliance officials surveyed in BioCatch’s first-ever AI-focused fraud and financial crime report say criminals are more......
L1 Blockchain XION Raises $25 Million to Make Crypto Disappear
Blockchain News

L1 Blockchain XION Raises $25 Million to Make Crypto Disappear

PR Newswire
by PR Newswire0
The new capital will allow XION to continue quickly expanding its development and global ecosystem. XION, the first blockchain purpose-built for mainstream adoption, announced that it has raised $25M  from investors including Animoca Brands, Laser Digital (Nomura), Multicoin, Arrington Capital, Draper Dragon, Sfermion, GoldenTree, and more. The Web3 industry still......
New Partnership Leverages Storj's Distributed Cloud Storage to Advance Ahrvo's Global Compliance, Payment, and Banking Network
Banking News

New Partnership Leverages Storj’s Distributed Cloud Storage to Advance Ahrvo’s Global Compliance, Payment, and Banking Network

PR Newswire
by PR Newswire0
The new partnership between Storj and Ahrvo is going to help the latter to deliver its document, portable identity, and transaction management solutions. Ahrvo Labs and Storj are proud to announce a partnership through which Ahrvo will leverage Storj’s distributed enterprise cloud storage to advance the delivery of Ahrvo’s Portable Identity, Document......
Fortress Payments
Finance Fintech News

Fortress Payments Partners With Paravision

Fintech News Desk
by Fintech News Desk0
The collaboration integrates Paravision’s advanced face matching and liveness technology into Fortress Payments’ enterprise-ready platform, offering users a frictionless onboarding and biometric checkout experience. Fortress Payments, a fintech company specialising in credit card issuing and acquiring, today announced its partnership with Paravision, a firm in trusted Vision AI software, to......
Censo Solves $200BN Plus Problem for the Crypto Space With Launch of Seed Phrase Management Protocol
Cryptocurrency News

Censo Solves $200BN Plus Problem for the Crypto Space With Launch of Seed Phrase Management Protocol

PR Newswire
by PR Newswire0
The Censo Seed Phrase Manager is a free, fully audited, and open-source tool, that empowers web3 users to securely store, manage, and access their seed phrases. Censo introduces a cutting-edge seed phrase management protocol to combat the over $200 billion in crypto losses due to seed phrase mismanagement. By leveraging zero-knowledge authentication and strong......
Leading Financial Institution Chooses SSH’s PrivX for Operational Efficiency and Cybersecurity
Finance News

Leading Financial Institution Chooses SSH’s PrivX for Operational Efficiency and Cybersecurity

GlobeNewswire
by GlobeNewswire0
A leading global financial institution has selected PrivX as its privileged access management (PAM) solution. The customer is one of the largest and most important financial institutions in the world. This is third major new significant lighthouse customer for PrivX in the USA. The initial contract value is approximately USD......
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