Search Results for: financial fraud

Treasury Prime Announces Partnership with Effectiv to Bring Fraud Detection to Enterprises and Banks
Banking News

Treasury Prime Announces Partnership with Effectiv to Bring Fraud Detection to Enterprises and Banks

PR Newswire
by PR Newswire0
Customers can now leverage Effectiv’s Transaction Monitoring solution to detect fraudulent behaviors, reducing the risk of financial loss and reputational damage Treasury Prime, a leading embedded banking software company, announced its strategic partnership with Effectiv, a fraud and risk management platform for financial institutions and fintech companies. This collaboration will empower companies......
Compass UOL Offers Financial Institutions New Gen AI Solutions With AWS Financial Services Competency
Finance News

Compass UOL Offers Financial Institutions New Gen AI Solutions With AWS Financial Services Competency

PR Newswire
by PR Newswire0
Helps deliver faster evolution of payments, banking and capital markets, real time operations, and digital banking Digital services company Compass UOL announced it achieved the AWS Financial Services Competency and is offering its Gen AI tools to financial services institutions (FSIs) to speed up the evolution of their business on the cloud.......
Valid8 Financial Accelerates Growth, Shaping Verified Financial Intelligence Category
Fintech News

Valid8 Financial Accelerates Growth, Shaping Verified Financial Intelligence Category

PR Newswire
by PR Newswire0
 AI-powered forensic accounting solution secures $8.5 million Series A fundraise led by Silverton Partners Valid8 Financial, the leader in Verified Financial Intelligence, announced $8.5 million in Series A funding led by Silverton Partners with participation from Touchdown Ventures, First Trust, CPA.com and Capital Midwest. Valid8 provides AI-powered forensic accounting solutions to accounting and......
Merchants Prioritize Customer Experience Over Effective Fraud Prevention Despite Significant Concern for AI-Enabled Fraud Attacks in Digital Transactions
E-commerce News

Merchants Prioritize Customer Experience Over Effective Fraud Prevention Despite Significant Concern for AI-Enabled Fraud Attacks in Digital Transactions

PR Newswire
by PR Newswire0
New Research from Liminal Forecasts Transaction Fraud Prevention in E-Commerce Market to Grow 11.8% CAGR over the next 4 years, Signaling a Paradigm Shift The rapid growth in e-commerce transactions has brought a concerning uptick of 80% in fraud attempts, driven by advanced AI technologies and first-party fraud attacks, resulting in......
New Study Reveals Alarming Surge in Synthetic Fraud Rates and Growing Concerns over AI Impact
Artificial Intelligence Fintech News

New Study Reveals Alarming Surge in Synthetic Fraud Rates and Growing Concerns over AI Impact

PR Newswire
by PR Newswire0
Results show synthetic fraud cases rising by 17% over the past two years, driven by AI-generated identities. Deduce, the only patented technology platform designed to prevent AI-generated identity fraud, in association with Wakefield Research, today released a study showing alarming trends in synthetic fraud growth. The study, which polled 500 fraud and risk professionals at financial services and fintech companies......
Socure Launches the Industry's Most Accurate Synthetic Fraud Solution
Artificial Intelligence Fintech News

Socure Launches the Industry’s Most Accurate Synthetic Fraud Solution

PR Newswire
by PR Newswire0
Sigma Synthetic Fraud v4 Includes “Proof of Life” Data Sources, Adding a New Level of Accuracy that Stops the Fraud Before it Can Enter the Digital Economy Socure, the leading provider of Artificial Intelligence for digital identity verification, fraud prevention, and sanctions screening has launched Sigma Synthetic Fraud v4. The product uses advanced machine learning and diverse, third-party and network......
Veritran Research Reveals Technology Implementation is Critical to Financial Institutions' Success
Fintech News

Veritran Research Reveals Technology Implementation is Critical to Financial Institutions’ Success

PR Newswire
by PR Newswire0
Community banks and credit unions must leverage digital tools to remain competitive and become the preferred bank for their customers Florida’s financial institutions have a particularly strong growth opportunity to capture the loyalty of the state’s rapidly growing and diverse population As the banking industry continues to undergo significant changes amid......
Artificial Intelligence to Dominate Financial Innovation
Artificial Intelligence Guest Posts

Artificial Intelligence Sets Up to Dominate Financial Innovation

Abid Ali
by Abid Ali0
AI is already taking the mainstream markets by storm. It is, however, poised to revolutionise digital finance in profound ways. It will be the driving force behind a host of transformative changes, from enhancing customer experiences to improving operational efficiency and risk management. AI-powered chatbots and virtual financial assistants will......
Blockchain
Blockchain News

Kinto Raises $5 Million to Launch First KYC’d Layer 2 Blockchain for Financial Institutions and Decentralized Protocols

PR Newswire
by PR Newswire0
Funds to fuel Kinto’s network-native KYC and investor accreditation checks, allowing institutions offer traditional financial services on-chain and access capital in Ethereum Kinto, the first KYC’ed Layer 2 blockchain capable of supporting both financial institutions and decentralized protocols, announced it has raised $5 million in two funding rounds to power its......
Signifyd Deepens Its Partnership with Adobe by Integrating Guaranteed Fraud Protection into Payment Services for Adobe Commerce
Finance Fintech News

Signifyd Deepens Its Partnership with Adobe by Integrating Guaranteed Fraud Protection into Payment Services for Adobe Commerce

Business Wire
by Business Wire0
The expanded partnership extends seamless protection against all manner of chargebacks by integrating Signifyd with Payment Services for Adobe Commerce to power frictionless checkout, higher conversion and increased customer lifetime value Signifyd is launching a new era of payment protection today by integrating its Commerce Protection Platform with Payment Services......
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