Search Results for: fraudulent consumers

Desert Financial Credit Union Streamlines the Member Authentication Process in the Contact Center with MemberPass™
Banking Fintech News

MemberPass™ and Filene Survey Reveals Changing Attitudes to How Americans Protect Identity with Financial Services

Fintech News Desk
by Fintech News Desk0
A survey from MemberPass™, the flagship contactless identity solution powered by credit union service organization (CUSO) CULedger, found that more than two-thirds of adults would have more trust in their financial institution if they offered a mobile-based biometric authentication solution for in-person or phone-based transactions. Covid-19 has had an immediate impact on......
PSCU to Leverage FICO Customer Communications Services to Build Leading Fraud Alert Solution for Credit Unions
Fintech News

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......
Incognia Introduces Fraud Detection for QR Code Contactless Payments
Fintech News

Incognia Introduces Fraud Detection for QR Code Contactless Payments

Fintech News Desk
by Fintech News Desk0
Solution protects retailers, restaurants and payment providers from contactless commerce fraud Private identity company Incognia today announced the launch of its fraud detection solution designed for retailers, restaurants and payment providers leveraging QR codes for contactless payments. This comes at a critical time; according to Gartner’s Consumer Pandemic Attitudes and Behaviors Survey,......
Sontiq™ Announces Advancement in Fintech with Patent-Pending Digital Fraud Protection for Payments Sector
Fintech News

Sontiq™ Announces Advancement in Fintech with Patent-Pending Digital Fraud Protection for Payments Sector

Fintech News Desk
by Fintech News Desk0
Sontiq, the leader in Intelligent Identity Security, announced a new disruptive pairing in Fintech for the payments sector – a patent-pending Digital Fraud Protection System designed to work with a broad array of electronic payment platforms, including cryptocurrency. The system utilizes proprietary systems, including fraud protection and monitoring services such as credit and......
Experian’s Precise ID® Solution Is Helping Prevent and Detect Improper and Fraudulent Unemployment Insurance Payments
Fintech News

Experian and BioCatch Provide a Global Financial Services Provider With a 73% Lift in Fraud Detection

Fintech News Desk
by Fintech News Desk0
Layered behavioral biometrics, device intelligence and machine learning drive stronger account opening fraud detection and substantial operational improvements Amidst the pandemic, consumers have progressively shifted more and more of their activities online. Concurrently, there has been a surge in fraudulent attempts – industry data suggests that, since the beginning of......
Eliminate Risk Before It Enters the Sales Funnel
Fintech Guest Posts

Eliminate Risk Before It Enters the Sales Funnel

Tracy Manning
by Tracy Manning0
In the wake of the current COVID-19 crisis, risk, marketing, e-commerce, customer experience and care professionals face increased pressure to mitigate a host of emerging and escalating risks, while also quickly and radically transforming the digital customer experience and improving ROI. The emerging dominance of digital sales and interactions –......
One in 10 U.S. Adults Say They Have Been Victims of Identity Theft Since the COVID-19 Pandemic Began
Business Fintech News Risk Management

One in 10 U.S. Adults Say They Have Been Victims of Identity Theft Since the COVID-19 Pandemic Began

Fintech News Desk
by Fintech News Desk0
Survey from TransUnion’s public sector business finds expectations are high for government agencies to provide secure yet convenient experiences More than eight in 10 U.S. adults (83%) are concerned about having their identity stolen and the level of distress of this crime occurring has increased for nearly one-third (32%) of......
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Did Covid-19 Propel A New Wave of FinTech Solutions to Save SME Needs?

Paroma Sen
by Paroma Sen0
During the ongoing Covid-19 pandemic, new fintech solutions helped SMEs and micro-preneurs survive. Covid-19 did dip the world into a situation they that drove businesses across sectors including fintechs into uncertainty. But in many ways, Covid-19 also served as a catalyst for innovation in SaaS and other B2B segments, like......
Anglian Water Launches its Digital Transformation with Bottomline
Banking Fintech News

Bottomline Launches Confirmation of Payee to Stop Payment Fraud and Error

Fintech News Desk
by Fintech News Desk0
Bottomline, a leading provider of financial technology that makes business payments simple, smart and secure, today announced the latest cloud-based Confirmation of Payee (CoP) service for UK based banks. Read More: Four Benefits of Buy Now Pay Later for Ecommerce Retailers The new overlay service became mandated by the UK’s......
TransUnion Unveils Simpler Income and Employment Verification Process
Fintech News

As Businesses Reopen Physical Locations, New TransUnion Research Shows Fraudsters Decrease Online Schemes Against Companies

Fintech News Desk
by Fintech News Desk0
Conversely, consumers targeted by digital COVID-19 fraud increased from early in the pandemic TransUnion’s (NYSE: TRU) latest quarterly analysis of global online fraud trends found that fraudsters are decreasing their schemes against businesses, but increasing COVID-19 focused scams against consumers online. TransUnion came to its conclusions about fraud against businesses......
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