Search Results for: fraudulent consumers

Shift Insurance Suite Now Applies Artificial Intelligence Across Policy Lifecycle Processes
Business Fintech News

Shift Technology Delivers Fraud Detection For Elephant Insurance

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 Elephant Insurance selected the company to help improve fraud detection in the P&C insurer’s claims process. Read More:  PPS Goes Green with Exceet to Power Sustainable Cards for the Fintech Industry......
Fintech Mobile Banking News

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......
Improving your CX without Compromising on Customer Data Security
Banking Business Featured Fintech

Improving your CX without Compromising on Customer Data Security – Here’s How!

Paroma Sen
by Paroma Sen0
The 2020 Covid-19 pandemic that led to must-need social distancing measures and work from home policies also prompted increased use of online and internet based resources across industries. When it comes to retail and personal banking, while businesses and consumers are now adjusting to internet based mobile transactions, it is......
Forter Raises $125M Series E; Rapid Growth and Market Demand for Real-Time Fraud Prevention Platform Elevates Valuation to More than $1.3B
Fintech Fintech Funding News

Forter Raises $125M Series E; Rapid Growth and Market Demand for Real-Time Fraud Prevention Platform Elevates Valuation to More than $1.3B

Fintech News Desk
by Fintech News Desk0
Forter to Continue Expansion of Global Coalition of Merchants, Banks and Payment Providers Against Online Fraud Forter, the leader in e-commerce fraud prevention, announced it has raised $125 million in Series E funding. Led by Bessemer Venture Partners, Felix Capital and Itai Tsiddon, with participation from Sequoia Capital, NewView Capital,......
Feedzai’s Financial Crime Report: COVID increases fraud rate by 60%
Fintech News Risk Management

Feedzai’s Financial Crime Report: COVID increases fraud rate by 60%

Fintech News Desk
by Fintech News Desk0
 Feedzai, the world’s leading risk management platform, has announced its Quarterly Financial Crime Report which contains financial crime indicators and consumer trends while drawing spending comparisons during one of the most complex shifts in consumer behavior. The report also identifies the top 3 Global Fraud Contributors in 2020 with card cloning, high-speed......
ENACOMM Further Enhances Fraud Protection for Financial Institution and Credit Processor Customers Through New Boku Partnership
Business Fintech News

ENACOMM Further Enhances Fraud Protection for Financial Institution and Credit Processor Customers Through New Boku Partnership

Fintech News Desk
by Fintech News Desk0
ENACOMM to integrate Boku verification of device ownership, possession into Fraud Control Module, enabling dynamic interaction channel behavior that thwarts suspected fraudsters ENACOMM Fraud Control Module (FCM) users will soon have an additional weapon to use against fraudsters, thanks to a new partnership between ENACOMM and Boku. Financial institution and......
LegitScript Appoints Scott Roth as Chief Executive Officer
Fintech News

LegitScript Appoints Scott Roth as Chief Executive Officer

Fintech News Desk
by Fintech News Desk0
Founder John Horton moves to active role as Executive Chairman LegitScript, the leader in merchant and product certification and monitoring for internet and payment companies, announced that Scott Roth has been appointed Chief Executive Officer. Roth joined LegitScript as President earlier this year after leading Portland, Oregon-based technology company Jama......
Rapyd Launches First Cross Border Fraud Prevention Solution For All Payment Methods
Business Fintech News

Rapyd Launches First Cross Border Fraud Prevention Solution For All Payment Methods

Fintech News Desk
by Fintech News Desk0
With global card fraud alone projected to exceed $37 billion by 2025, Rapyd helps businesses significantly reduce card and alternative payment method fraud with one platform Rapyd, a global Fintech as a Service provider, announced today the launch of Rapyd Protect, a fraud solution designed to protect businesses and consumers......
LexisNexis® Risk Solutions Delivers Fraud Detection Capabilities and Insight into Identity Event and Application Activity through New LexisNexis® Fraud Intelligence Product
Fintech News

LexisNexis® Risk Solutions Delivers Fraud Detection Capabilities and Insight into Identity Event and Application Activity through New LexisNexis® Fraud Intelligence Product

Fintech News Desk
by Fintech News Desk0
Fraud Intelligence Delivers a 30% Improved Fraud Detection Rate for the Riskiest 3% of Applications Compared to Existing Scores LexisNexis® Risk Solutions today announced LexisNexis® Fraud Intelligence, the newest addition to the company’s suite of fraud and identity products. LexisNexis Fraud Intelligence is a non-FCRA solution that helps organizations mitigate new account......
ACI Worldwide Launches Fraud Management in the Cloud to Protect Against Threat of UPI Payments Fraud
Fintech News Risk Management

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......
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