Search Results for: fraudulent claims

Exploring Blockchain Technology
Blockchain Featured Fintech

Exploring Blockchain Technology 

Prajakta Ayade
by Prajakta Ayade0
Blockchain technology, the fundamental idea behind cryptocurrencies like Bitcoin, is changing many industries. Initially conceptualized as a decentralized ledger system to facilitate secure digital transactions, its applications have expanded far beyond finance. Blockchain technology has emerged as a revolutionary force, disrupting traditional systems and bringing in a new era of......
Array Prevails in Lawsuit Filed by ConsumerDirect; Jury Awards Array $5.2 Million in Total Damages
Fintech News

Array Prevails in Lawsuit Filed by ConsumerDirect; Jury Awards Array $5.2 Million in Total Damages

Business Wire
by Business Wire0
Array, a leading financial innovation platform, announced that it won a lawsuit filed by competitor ConsumerDirect. Last Wednesday, a jury in federal court in Santa Ana, California delivered a unanimous verdict in favor of Array. The jury rejected all of ConsumerDirect’s claims and awarded Array $1.3 million in economic damages......
Verisk Modernizes System to Combat Insurance Fraud in Israel
InsurTech News

Verisk Modernizes System to Combat Insurance Fraud in Israel

GlobeNewswire
by GlobeNewswire0
Digitization of insurance has led to rising consumer expectations for a simpler and faster claims experience Verisk announced the launch of its new ClaimSearch system in Israel. Developed in collaboration with the Israel Insurance Association and with the backing of the government, this state-of-the-art, cloud-based system aims to revolutionize the......
Six Ways Fraudsters Are Using Generative AI to Commit Fraud
Artificial Intelligence Compliance management Digital Guest Posts

Six Ways Fraudsters Are Using Generative AI to Commit Fraud

Oliver Tearle
by Oliver Tearle0
Generative artificial intelligence (AI) has already had a pervasive impact on our lives, with many experts sharing their opinions on the technology’s industry changing commercial potential and how it might be used in future. I recently shared my thoughts on how the technology would change the payments industry, but while there are......
Returns Abuse With a Twist
B2C Commerce Guest Posts

Returns Abuse With a Twist

Doriel Abrahams
by Doriel Abrahams0
The tried-and-true method of fraud is getting an upgrade: double dipping  According to the National Retail Federation (NRF), for every $100 in returned goods during 2021, $10.30 was lost to return fraud.   In times of economic turmoil, it’s not surprising that even the more stringent consumers might consider compromising their......
Insuretech
Featured Fintech Primers InsurTech

What is Insurtech?

Pooja Choudhary
by Pooja Choudhary0
Insurtech is the era of new technologies that are continuously transforming the insurance industry, minimizing costs for its clients and insurance companies, thereby improving efficiency, and providing its customer with a new level of satisfaction.  Understanding Insurtech    Insurtech is built on the belief that the insurance industry is mature for......
Blockchain Cryptocurrency News

Mosdex Is Now Offering 30 USDT Through Its Referral Program

Fintech News Desk
by Fintech News Desk0
The cryptocurrency arbitrage platform Mosdex is constantly introducing new ways to onboard customers and help members generate passive income in crypto markets. The platform recently announced it offers 30 USDT to users who sign up through a referral link. Along with this, the platform also has its Mosdex VIP and Pro grade......
Conduent Introduces VeriSight Identity Validation and Bank Account Owner Verification Solutions to Combat Fraud and Strengthen Government Aid Programs
Digital Payments Finance News

Conduent Introduces VeriSight Identity Validation and Bank Account Owner Verification Solutions

Fintech News Desk
by Fintech News Desk0
VeriSight can help federal and state agencies confirm the identities of program beneficiaries Conduent Incorporated, a global technology-led business process solutions company, introduced its VeriSight solutions to help federal and state government agencies combat benefits fraud and strengthen public aid programs nationwide. The VeriSight solutions – an expansion of Conduent’s current capabilities......
iDenfy Partners with Payset to Secure Customer Onboarding With Full Stack Identity Verification
Banking News

iDenfy Partners with CoinBeam to Enhance New Client Onboarding

Fintech News Desk
by Fintech News Desk0
The biometric ID verification will simplify internal processes and save time for CoinBeam The global identity verification and compliance tools provider, iDenfy, struck a new deal with CoinBeam, the digital banking platform, helping banks, credit unions, and financials to generate revenue in cryptocurrency. With the goal of enhancing security, iDenfy......
Fintech Company Focuses Its' Sights on the Moving Industry
Digital Payments News

Fintech Company Focuses Its’ Sights on the Moving Industry

Fintech News Desk
by Fintech News Desk0
‘MoveIt’ by Sky Systemz provides next generation payment, business software, banking, and now chargeback protection to the transportation industry! Sky Systemz, a software-as-a-service (SaaS) company focused on digital payment and business management solutions, is setting its sights on the transportation industry with a specialization for moving companies. Latest Fintech News: AM......
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