Search Results for: Cybercrime

Visa Research Highlights Emerging Fraud Schemes in Retail and eCommerce
Digital Payments News

Visa Research Highlights Emerging Fraud Schemes in Retail and eCommerce

Business Wire
by Business Wire0
Latest edition of Visa Biannual Threats Report Show Increasingly Sophisticated Fraud Landscape for Consumers. Visa, a world leader in digital payments, released the Fall 2023 edition of its Biannual Threats Report which highlights emerging fraud schemes targeting the global economy. This edition showcases a significant rise of phishing schemes proliferated......
Cybeats Announces SBOM Studio Licence Renewal with Bullish: Bullish Exchange
Cryptocurrency Digital Asset Management News

Cybeats Announces SBOM Studio Licence Renewal with Bullish: Bullish Exchange

PR Newswire
by PR Newswire0
Cybeats Technologies Corp. is pleased to announce the renewal of a software licence agreement with Bullish, a leading provider of financial services and digital asset solutions that operates the regulated cryptocurrency trading platform, Bullish Exchange. The decision by Bullish to renew their licence further underscores the value that clients receive from SBOM Studio2, and......
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......
Rising Threat of AI-driven Fraud
Artificial Intelligence Guest Posts

Rising Threat of AI-driven Fraud

Tamas Kadar
by Tamas Kadar0
AI is rapidly evolving to benefit almost every aspect of our lives. Unfortunately, that includes the lives of criminals. Thanks to widely available AI programs with the power to both create and alter content, fraudsters now have a range of tricks up their sleeves. They use them in simple or......
Resilience Raises $100MM Series D Round, Led by Intact Ventures with Participation from Lightspeed Venture Partners
Finance News Risk Management

Resilience Raises $100 Million Series D Round, Led by Intact Ventures with Participation from Lightspeed Venture Partners

Business Wire
by Business Wire0
New funding will accelerate adoption of new Resilience Solution and expansion across Europe Resilience announced a $100MM equity financing round to accelerate its global expansion and scale the adoption of its holistic cyber risk platform, the Resilience Solution, which launched earlier this year. The Series D round was led by......
B2B Banking Compliance management Digital Featured Fintech Primers Technology

Understanding The Role Of Decentralized KYC Solutions For Today’s Businesses

Pooja Choudhary
by Pooja Choudhary0
All banks rely heavily on the Know Your Customer (KYC) procedure to confirm the identification of their clients. KYC verification is essential to stop criminal elements from using banks for money laundering schemes like drug trafficking, terrorism, and other crimes. Currently, the widely used manual KYC method is out-of-date, time-consuming,......
Banking Compliance management Consumer protection laws Digital Featured Fintech Primers

A Complete Overview Of Decentralized KYC Solutions

Pooja Choudhary
by Pooja Choudhary0
Social media and trade journals may seem to be awash in trends, but it takes time to sift through everything to find the ones that matter. This blog shall enlighten the KYC market, its data, and new tech of eKYC and digital solutions thereby in the decentralized market scenario. KYC......
A Third of Consumers Don’t Trust Their Banks, Highlighting More Work Needed to Communicate Digital Safety – Reports Utimaco
Compliance management News Security

A Third of Consumers Don’t Trust Their Banks, Highlighting More Work Needed to Communicate Digital Safety – Reports Utimaco

Fintech News Desk
by Fintech News Desk0
The new edition of the ‘Circles of Trust’ series, shows deep divisions and startling commonalities between global consumers on the digital security of their finances Utimaco, a leading global provider of IT security solutions that is celebrating its 40th year pioneering trusted cybersecurity and compliance solutions and services to its......
Banking Featured Fintech Primers Mobile Banking Security

How Can Banks Stay Competitive With A Secured IT Security Infrastructure?

Pooja Choudhary
by Pooja Choudhary0
Web application and API crimes against banking firms soared by 257 percent in 2022, according to statistical analysis from Akamai. The cost of cybercrime in this industry is also among the greatest; according to IBM, in 2022, the usual cost of a data breach in this industry was $5.97 million,......
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