Search Results for: fraud detection

44% of U.S. Consumers Are Open To AI in Banking–With A Few Caveats
Banking News

44% of U.S. Consumers Are Open To AI in Banking–With A Few Caveats

Business Wire
by Business Wire0
GFT’s Banking Disruption Index Reveals Consumers Are Receptive to Automated Saving Advice and Fraud Detection, But Aren’t Sure About Complex Integrations U.S. banking customers are warming up to the idea of artificial intelligence (AI), with some parameters, according to a new report released today. The Banking Disruption Index from global digital transformation......
Artificial Intelligence Blockchain Digital Payments Digital Wallet Featured Finance Fintech Security

Impact of GDPR and CCPA on RegTech

Prajakta Ayade
by Prajakta Ayade0
Data privacy regulations have significantly impacted the way businesses operate globally. Two prominent regulations, the General Data Protection Regulation (GDPR) implemented in the European Union (EU) in 2018 and the California Consumer Privacy Act (CCPA) enacted in California, USA in 2018, have fundamentally changed how organizations handle personal data. These......
Artificial Intelligence Banking Digital Payments Featured Finance Fintech

Leading Banks That Sport the Best Digital Banking Apps

Prajakta Ayade
by Prajakta Ayade0
Digital banking has undergone a dramatic transformation in recent years. Gone are the days of long queues and limited branch hours. The rise of digital banking apps has ushered in a new era of convenience, accessibility, and control for account holders. These sophisticated mobile applications empower users to manage their......
Banking Blockchain Digital Payments Featured Finance Fintech Investments Security Technology

The Impact of Blockchain on Modern InsurTech

Prajakta Ayade
by Prajakta Ayade0
The insurance industry, while financially robust, is often criticized for its slow and paper-centric processes, lack of transparency, and vulnerability to fraud. InsurTech, the marriage of insurance and technology, has emerged to address these concerns by leveraging digital solutions. However, a new wave of innovation is on the horizon, driven......
Rapid Finance Enhances Lynx Platform with Cloud-Based Rules Engine to Enhance SMB Lending
Finance News

Rapid Finance Enhances Lynx Platform with Cloud-Based Rules Engine to Enhance SMB Lending

Business Wire
by Business Wire0
Rapid Lynx equips customers with ability to create custom rules tailored to their specific lending criteria and risk tolerance Rapid Finance, a leading small business banking platform specializing in providing customized financing solutions, announced the availability of its cloud-based rules engine as part of its recently enhanced, award-winning AI fraud......
Oscilar and Socure Announce Partnership to Modernize Identity Verification and Risk Management for Financial Institutions
Artificial Intelligence Finance Fintech News

Oscilar and Socure Announce Partnership to Modernize Identity Verification and Risk Management for Financial Institutions

PR Newswire
by PR Newswire0
Oscilar, a leading provider of AI-driven risk management solutions, and Socure, the leading provider of artificial intelligence for digital identity verification, sanction screening, and fraud prevention, announced a partnership that will set a new standard in digital identity verification, fraud prevention and risk management for financial institutions. This collaboration combines Oscilar’s advanced risk management......
Omdia Reveals Virtual Assistants as Leading AI Use Case Driving Software Revenue in Financial Services
Artificial Intelligence Fintech News

Omdia Reveals Virtual Assistants as Leading AI Use Case Driving Software Revenue in Financial Services

PR Newswire
by PR Newswire0
The proliferation of artificial intelligence (AI) has afforded banks a multitude of benefits through its automation capabilities, such as efficiency gains, cost savings, and a boost for product innovation and development. According to new research from Omdia, the foremost AI use case in terms of software revenue is virtual assistants, which are projected to generate......
B2B Banking Business Commerce Compliance management Digital Payments Digital Wallet Featured Fintech Mobile Banking Payment gateways Technology

The Rise of Cross-Border Digital Payments

Prajakta Ayade
by Prajakta Ayade0
The digital revolution has profoundly transformed many aspects of our daily lives, and the realm of digital payments is no exception. Digital payments, once a niche domain, have become mainstream, enabling seamless transactions at the click of a button. As globalization intensifies and the internet connects even the most remote......
Artificial Intelligence Banking Blockchain Cryptocurrency Digital Payments Featured Finance Fintech

Exploring The Rise of Embedded Payments and The Future of Frictionless Transactions

Prajakta Ayade
by Prajakta Ayade0
Cash, once the king of commerce, is steadily losing ground to digital alternatives. Contactless payments, mobile wallets, and now, embedded payments, are ushering in an era of frictionless transactions, where the act of paying becomes seamless and invisible. This shift is driven by multiple factors: the rise of the digital......
FICO Survey: 1 in 3 Indians Worried About Being Scammed As Real-Time Payment Risks Grow
Analytics Digital Payments News

FICO Survey: 1 in 3 Indians Worried About Being Scammed As Real-Time Payment Risks Grow

Business Wire
by Business Wire0
34% of Indians are most concerned about being tricked into making payment to a criminal Highlights Payment Fraud is the top financial crime concern for 34% of Indians Identity theft worries persist, with 37% believing they have or might have been victims Real-time payment scams are on the rise, with......
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