Search Results for: fraud prevention

Fingerprint and Oscilar Partner to Bring Frictionless Fraud Prevention to The Fintech Industry
Artificial Intelligence Fintech News

Fingerprint and Oscilar Partner to Bring Frictionless Fraud Prevention to The Fintech Industry

PR Newswire
by PR Newswire0
This strategic collaboration combines device intelligence and AI-powered risk decisioning to reduce fraud and enhance the customer experience Fingerprint, the world’s most accurate device intelligence platform, is partnering with Oscilar, a trailblazer in AI-driven risk and fraud management, to empower fintech companies with advanced fraud prevention and detection capabilities while ensuring a frictionless customer experience. Cumulative online......
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......
Oscilar Unveils Industry-First Generative AI Powered Platform for Fraud Prevention
News Risk Management

Oscilar Unveils Industry-First Generative AI Powered Platform for Fraud Prevention

PR Newswire
by PR Newswire0
Oscilar, the AI fraud detection company co-founded by Confluent co-founder Neha Narkhede and former Meta engineering executive Sachin Kulkarni, yesterday unveiled an industry-first generative AI risk decisioning offering that enables companies to manage credit, fraud, and compliance risks with greater velocity and precision than ever before. This advancement, which was announced onstage at Money20/20, makes......
Juniper Research: Digital Identity Verification Checks to Pass the 70 Billion Mark in 2024, as Businesses Prioritise Fraud Prevention
Fintech Risk Management

Juniper Research: Digital Identity Verification Checks to Pass the 70 Billion Mark in 2024, as Businesses Prioritise Fraud Prevention

Business Wire
by Business Wire0
A new study from Juniper Research, the foremost experts in fintech and payments markets, has found the number of digital identity verification checks will surpass 70 billion in 2024; growing 16% on the previous year’s number of 61 billion. This growth is being driven by businesses adopting stronger biometric verification......
FundingShield Announces Strategic Partnership with TCS to Increase Accessibility to Wire Fraud Prevention Solutions
Fintech News

FundingShield Announces Strategic Partnership with TCS to Increase Accessibility to Wire Fraud Prevention Solutions

Business Wire
by Business Wire0
FundingShield, a market-leading fintech providing plug-and-play solutions to manage risk, compliance, and fraud prevention, has entered a partnership with Tata Consultancy Services (TCS), a global leader in IT services, consulting, and business solutions. Together, with FundingShield’s award-winning wire fraud prevention tools and TCS’ deep technology expertise and longstanding financial industry......
Dock Expands Range of Technology Options for Fraud Prevention
Banking Machine Learning News

Dock Expands Range of Technology Options for Fraud Prevention

PR Newswire
by PR Newswire0
Feedzai’s application of AI and machine learning models will be accessible to Dock customers of all sizes; cloud-first model facilitates access to cutting-edge technology in all Latin American countries Dock, a B2B leader in payments and banking technology in Latin America, announced a partnership with Feedzai, a global leader in fraud and money......
VU Joins Forces with NovoPayment to Revolutionize Digital Payments and Fraud Prevention
Digital Payments News

VU Joins Forces with NovoPayment to Revolutionize Digital Payments and Fraud Prevention

PR Newswire
by PR Newswire0
VU, a global cybersecurity company with over 350 million users in more than 30 countries, specializing in identity protection and fraud prevention, has signed a strategic partnership with NovoPayment, a leader in digital payment solutions innovation. Sebastián Stranieri, founder and CEO of VU, stated: “Collaborating with NovoPayment allows us to expand our vision......
Alacriti Partners with Socure to Provide Instant Payments Fraud Prevention
Digital Payments News

Alacriti Partners with Socure to Provide Instant Payments Fraud Prevention

Business Wire
by Business Wire0
Alacriti, a fintech company specializing in payments, announced that it has partnered with Socure, the leading provider of digital identity verification and fraud solutions, to deliver third-party and synthetic identity fraud prevention for instant payments. Latest Fintech Interview: Global Fintech Interview with Jyotirmoy Chakravorty, Founder at Ubona Technologies “Instant payments......
EBA CLEARING to Enrich RT1 and STEP2 with Fraud Prevention and Detection Capabilities
Digital Payments News Security

EBA CLEARING to Enrich RT1 and STEP2 with Fraud Prevention and Detection Capabilities

PR Newswire
by PR Newswire0
The comprehensive solution will add insights from a central system view to the fraud-fighting efforts of STEP2 and RT1 users EBA CLEARING announced that it will enrich its SEPA payment systems, RT1 and STEP2, with fraud prevention and detection capabilities by November 2023. The Company’s new Fraud Pattern and Anomaly......
Banking Executives Report Lacking Proactive Fraud Prevention Approach
Banking Fintech News Security

Banking Executives Report Lacking Proactive Fraud Prevention Approach

Fintech News Desk
by Fintech News Desk0
Transaction Data and Customer-Abuse Scoring Seen as Insufficient to Accomplish Goals While a comprehensive fraud management program is essential to mitigating risk and driving growth, a new survey finds that executives at some US financial institutions are at odds on whether their strategies are sufficiently proactive. Specifically, the survey of 105 decision......
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