Search Results for: financial fraud

Keyno CVVke Fraud Prevention Solution Significantly Reduces Online Fraud for Fidelity Bank Bahamas Customers
Banking News

Keyno CVVke Fraud Prevention Solution Significantly Reduces Online Fraud for Fidelity Bank Bahamas Customers

Fintech News Desk
by Fintech News Desk0
Keyno Inc, a leading maker of cutting-edge payment technologies, today announced it has facilitated a dramatic and sustained reduction in online fraud at Fidelity Bank Bahamas with its CVVkey (dynamic CVV2) fraud prevention solution. The year-over-year comparison of debit and credit card portfolios showed an overall fraud reduction of 70.8%......
NICE Actimize Xceed AI Cloud Platform Chosen by American State Bank to Manage AML and Fraud Risk Management
Banking News

NICE Actimize Xceed AI Cloud Platform Chosen by American State Bank to Manage AML and Fraud Risk Management

Fintech News Desk
by Fintech News Desk0
Xceed’s best-in-class AI, data intelligence, and behavioral analytics within a unified cloud platform permits mid-sized financial institutions to perform with greater agility NICE Actimize, a NICE business, confirmed that American State Bank, a Texas-based financial institution, has selected NICE Actimize Xceed, an all-in-one AI fraud and anti-money laundering platform, to drive the financial......
Banking on Real-Time AI Florida Credit Union Sees 97% Reduction in Fraud
Banking News Security

Banking on Real-Time AI Florida Credit Union Sees 97% Reduction in Fraud

Fintech News Desk
by Fintech News Desk0
While many big banks are still struggling to advance from the experimentation phase to fully implementing Artificial Intelligence (AI) solutions, one Florida-based credit union has taken the leap and reaped enormous benefits. Using breakthrough RembrantAi technology from IT Solutions company, ToolCASE, Launch Credit Union prevented more than $1.8 million in fraud in 2021, a 97%......
Connect Financial Expands Team to Support Marketing and Product Developments
Fintech News Risk Management

Connect Financial Expands Team to Support Marketing and Product Developments

Fintech News Desk
by Fintech News Desk0
Connect Financial, an innovative cryptocurrency financial platform, announces today the expansion of their team and welcomes Chantel Meeley as its new Chief Marketing Officer (CMO) and Chief Experience Officer (CXO). Chantel Meeley comes to the team with a wide range of creative, marketing and user experience design skills she has......
Consilient Announces $3 Million Seed Funding Round for the Development of Next-Gen Financial Crime Compliance Technology
Finance Fintech News

Consilient Announces $3 Million Seed Funding Round for the Development of Next-Gen Financial Crime Compliance Technology

Fintech News Desk
by Fintech News Desk0
Investment in leadership and technology innovation positions the company to redefine anti-money laundering and combating financial fraud Consilient, a fintech innovator aiming to transform financial crime compliance, announced it has secured a private $3 million seed funding round that will help the company’s vision to become the leader in the development of......
What Do the Cloud, Metaverse and Zombies All Have in Common? Financial Institutions.
Commerce Guest Posts Machine Learning

What Do the Cloud, Metaverse and Zombies All Have in Common? Financial Institutions.

Cheryl Chiodi
by Cheryl Chiodi0
They say word-of-mouth generates the most genuine opinions, so it’s good to see the conference circuit opening up again to get an ear to the ground on the latest news and future trends for the financial services industry. My recent trips included the IDC Directions Conference in Boston, the CeFPro......
Financial Institutions Face Risk with Models, New RMA Study Finds
News Risk Management

Financial Institutions Face Risk with Models, New RMA Study Finds

Fintech News Desk
by Fintech News Desk0
RMA Model Validation Consortium Brings Banks Together to Tackle Issues Financial institutions face a number of risks as they speed up digitization and rely more heavily on new technology to influence lending and other decisions, a new study of 62 banks by the Risk Management Association (RMA) has found. “Banks......
Alpha Fintech by PPRO Announces Launch of Fi911’s Intelligent SAAS Dispute Processing for Financial Institutions
Fintech News

Alpha Fintech by PPRO Announces Launch of Fi911’s Intelligent SAAS Dispute Processing for Financial Institutions

Fintech News Desk
by Fintech News Desk0
Fi911, the leading dispute specialists and sister brand of Chargebacks911, and Alpha Fintech, a fintech pioneer aiming to evolve and simplify payments, announce their partnership. APAC regional acquirers and PSPs will be able to leverage the unrivaled Fi911 SaaS dispute management platform (“DisputeLab”), delivering turnkey intelligent automation and end-to-end processing. Global-branded cards......
Securrency Capital Secures Financial Services Permission from Abu Dhabi Global Market
Finance Fintech News

Securrency Capital Secures Financial Services Permission from Abu Dhabi Global Market

Fintech News Desk
by Fintech News Desk0
Securrency Capital, a broker-dealer based in the Abu Dhabi Global Market (ADGM), announced that it has secured a Financial Services Permission (FSP) from ADGM’s Financial Services Regulatory Authority (FSRA) to deal in investments as a matched principal and provide custody for those investments. The license enables Securrency Capital to provide......
TransUnion Completes Acquisition of Verisk Financial Services
Fintech News

TransUnion Completes Acquisition of Verisk Financial Services

Fintech News Desk
by Fintech News Desk0
Together, Verisk Financial and TransUnion create a “full wallet view” of consumer spend and produce actionable new insights into consumer behavior for participating customers TransUnion announced that it has completed the acquisition of Verisk Financial Services, the financial services business unit of Verisk, for $515 million. Leading financial institutions, payment......
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