Search Results for: Fraud

Reducing Fraud and Amping up Authorizations: Worldpay and Capital One Share Transaction Data to Optimize Payments
Digital Payments Fintech News

Reducing Fraud and Amping up Authorizations: Worldpay and Capital One Share Transaction Data to Optimize Payments

Business Wire
by Business Wire0
New partnership aims to improve the detection of real fraud events and reduce false positive declines Worldpay and Capital One have joined forces in a new collaboration to optimize payment fraud decisioning and enhance payment security and efficiency with a data sharing agreement. Merchants enrolled in Worldpay’s flagship fraud detection and......
Unit21’s State of Fraud and AML Report Finds Scams Continue to Strike, While Real-Time Monitoring Shows Real Potential
Compliance management News Risk Management

Unit21’s State of Fraud and AML Report Finds Scams Continue to Strike, While Real-Time Monitoring Shows Real Potential

Business Wire
by Business Wire0
Unit21, a global risk and compliance leader that proactively mitigates risks tied to fraud, money laundering, and other financial crimes, announced the findings of its third annual State of Fraud and AML report at Money2020. “The burden on fraud and AML teams across FIs and fintechs is well known, but what......
FundingShield Announces Integration with OptiFunder to Deliver Integrated Fraud Prevention Services
Compliance management Fintech News

FundingShield Announces Integration with OptiFunder to Deliver Integrated Fraud Prevention Services

Business Wire
by Business Wire0
FundingShield, a market-leading fintech providing plug-and-play solutions to manage risk, compliance, and fraud prevention, has entered into an integration agreement with OptiFunder, the creators of OptiFunder WMS and Greyhound Warehouse Management System whose innovative solutions power automation from mortgage loan funding, through the warehouse and investor delivery process. The integration will......
Alkami Helps Banking Leaders Combat Emerging Check and Real-time Payments Fraud
Banking Digital Payments Finance Fintech News Risk Management

Alkami Helps Banking Leaders Combat Emerging Check and Real-time Payments Fraud

PR Newswire
by PR Newswire0
Industry experts unveil strategies in webinar to tackle emerging fraud threats as real-time payments surge and check fraud remains a leading risk Alkami Technology, Inc., a leading cloud-based digital banking solutions provider for financial institutions in the U.S., recently held its latest webinar, “Banking on Security: Check & Real-Time Payments Fraud,” aimed at helping financial institutions address......
Artificial Intelligence Banking Digital Payments Featured Finance Fintech Risk Management Security

Combating Payment Fraud with AI-Powered Risk Scoring

Fintech Staff Writer
by Fintech Staff Writer0
Digital banking has revolutionized how people manage finances, but it has also increased exposure to payment fraud. As fraudsters become more sophisticated, traditional rule-based methods struggle to keep pace. AI-powered risk scoring provides a more robust solution by analyzing vast amounts of transaction data and identifying subtle patterns that indicate......
Swift to Launch AI-Powered Fraud Defence to Enhance Cross-Border Payments
Artificial Intelligence Digital Payments Fintech News

Swift to Launch AI-Powered Fraud Defence to Enhance Cross-Border Payments

Business Wire
by Business Wire0
Swift is rolling out an AI-powered anomaly detection service to help banks proactively detect and defend against potential financial crime The new service follows a successful pilot with financial institutions across Europe, North America, Asia and the Middle East, and is part of a broader portfolio of Swift-facilitated AI innovation......
Sonovate partners with Alloy to combat evolving fraud trends as company grows
Digital Payments Finance Fintech News Security

Sonovate partners with Alloy to combat evolving fraud trends as company grows

PR Newswire
by PR Newswire0
Sonovate, the leading provider of embedded finance and payment solutions for the contingent workforce, today announced that it is implementing Alloy’s identity risk solution to better prevent fraud while also fueling growth. Alloy helps solve the identity risk problem for companies that offer financial products by enabling them to outpace fraud and......
i2c Inc. and PYMNTS Survey Reveals Consumer Expectations for How Banks Respond to Credit Card Fraud
Finance Fintech News Security

i2c Inc. and PYMNTS Survey Reveals Consumer Expectations for How Banks Respond to Credit Card Fraud

Business Wire
by Business Wire0
Nearly one-third of consumers experienced fraud in the last year, demanding proactive measures from banks i2c Inc., a global provider of highly configurable banking and payment solutions, has released a new survey highlighting critical insights into consumers’ experiences and expectations regarding credit card fraud. The survey, conducted in collaboration with......
1