Search Results for: financial fraud

Financial Integration Startup PortX Secures $16.5 Million in Series B Funding
Banking News

Financial Integration Startup PortX Secures $16.5 Million in Series B Funding

Business Wire
by Business Wire0
Funding underscores shift toward open banking and the demand for seamless core integration and innovation Investors represent 200 community financial institutions PortX forms Credit Union Service Organization (CUSO) PortX, a leader in integration and open banking for community financial institutions and fintechs, announced the successful close of its Series B......
Onfido Featured as a Market Leader in Liminal's Link Index Report for Account Opening in Financial Services
Compliance management Finance News

Onfido Featured as a Market Leader in Liminal’s Link Index Report for Account Opening in Financial Services

PR Newswire
by PR Newswire0
Onfido, the global automated identity verification provider, has been recognized as a market leader in Liminal’s highly anticipated Link Index Report for Account Opening in Financial Services. The Link Index analyzed over 150 companies claiming to solve Account Opening (AO) in Financial Services and found that only 32 total vendors (21% of......
Individuals and Entities Behind the Fraudulent Cryptocurrency Onecoin Face UK Lawsuit Brought by Investors
Cryptocurrency News

Individuals and Entities Behind the Fraudulent Cryptocurrency Onecoin Face UK Lawsuit Brought by Investors

Business Wire
by Business Wire0
A claim will be brought in the High Court in London on behalf of OneCoin Investors who suffered losses as a result of the OneCoin cryptocurrency fraud It is estimated that the fraudulent scheme – which marketed a fake cryptocurrency and acted as a Ponzi scheme – took in more......
Deduce Raises $9 Million to Tackle AI-Generated Identity Fraud
Artificial Intelligence Fintech News

Deduce Raises $9 Million to Tackle AI-Generated Identity Fraud

Business Wire
by Business Wire0
Cybersecurity Company Leverages Activity-Backed Intelligence to Thwart AI-Generated Identity Fraud Deduce, the only patented technology platform designed to prevent AI-generated identity fraud, announced $9M in funding led by Freestyle Capital, with additional investment by Foundry and True Ventures. The funding will launch Deduce’s GenAI Identity fraud solution out of stealth......
NICE Actimize Powers Innovation for GoTyme Bank with its Cloud Financial Crime Digital Banking Platform
Banking News

NICE Actimize Powers Innovation for GoTyme Bank with its Cloud Financial Crime Digital Banking Platform

PR Newswire
by PR Newswire0
NICE Actimize’s advanced AI and Analytics solutions will provide support in financial crime prevention which aligns with the bank’s customer service and growth strategy NICE Actimize, a NICE business, announced that it has finalized the implementation of its financial crime solutions with GoTyme Bank, a partnership between the Gokongwei Group and Singapore-based......
Sybrin and Regula to Provide a Secure Onboarding Solution for US Banks and Financial Services
Banking Fintech News

Sybrin and Regula to Provide a Secure Onboarding Solution for US Banks and Financial Services

Business Wire
by Business Wire0
The joint solution offered by Sybrin and Regula enables banks and other financial institutions to seamlessly and securely onboard and verify their customers. This is achieved via combining Regula Document Reader SDK and Regula Face SDK with Sybrin’s KYC (Know Your Customer) onboarding solution and orchestration engine. As a result, financial service businesses can establish a......
Bit Builders, Delivers Turnkey Image Fraud Detection with OrboGraph
Banking Digital Payments News

Bit Builders, Delivers Turnkey Image Fraud Detection with OrboGraph

Business Wire
by Business Wire0
Integration of OrboGraph’s OrboAnywhere Fraud Module with Bit Builders’ NextGen Digital Banking offers stand-alone platform OrboGraph, a global leader in check and payment processing automation, has proudly announced a business partnership with Bit Builders, creators of the NextGen Digital Banking platform. The collaboration provides an industry-leading platform financial institutions can......
Citi GPS: Cross-Border Payments to Transform Financial Industry, Ushering Best-in-Class Experiences for Clients
Digital Payments News

Citi GPS: Cross-Border Payments to Transform Financial Industry, Ushering Best-in-Class Experiences for Clients

Business Wire
by Business Wire0
Citi has launched its latest Global Perspectives & Solutions (Citi GPS) report titled: ‘FUTURE OF CROSS-BORDER PAYMENTS — Who Will Be Moving $250 Trillion in the Next Five Years?’ Its findings indicate that the expected increase of cross-border payments presents a major opportunity for players in this space. Latest Fintech Interview......
Braven Announces Launch of Financial Services & Insurance Innovation Unit and Welcomes Joel Herold as Cobuild Partner
Banking InsurTech News

Braven Announces Launch of Financial Services & Insurance Innovation Unit and Welcomes Joel Herold as Cobuild Partner

Business Wire
by Business Wire0
Braven, an early stage investment firm specializing in regulated industries, announces its second innovation group, the Financial Services & Insurance Unit, focusing on digital transformation in finance, capital markets, banking, and insurance. Joel Herold joins the unit as Braven’s first Cobuild Partner to manage the development of Braven’s portfolio investments......
Financial Insecurity Begins to Affect Credit Card Customers in Canada, JD Power Finds
Finance Fintech News

Financial Insecurity Begins to Affect Credit Card Customers in Canada, J.D. Power Finds

Business Wire
by Business Wire0
One-Third of Credit Card Customers Carry Revolving Debt With Canada credit cardholders’ average balance now totaling $2,121 and a majority (52%) of them classified as financially unhealthy, financial stress has become a critical component of the credit card customer experience. According to the J.D. Power 2023 Canada Credit Card Satisfaction......
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