Search Results for: fraud mitigation

Cost of Fraud in Asia-Pacific Markets is High According to LexisNexis Risk Solutions Study
E-commerce Fintech News

Cost of Fraud in Asia-Pacific Markets is High According to LexisNexis Risk Solutions Study

Fintech News Desk
by Fintech News Desk0
Verifying Identity and Determining Transaction Origination are Common Challenges Across Australia, Hong Kong, Japan and India LexisNexis® Risk Solutions today released its 2021 True Cost of Fraud™ APAC Study covering the retail, ecommerce, financial services and lending sectors for Australia, Hong Kong, India and Japan. The study provides a snapshot of fraud trends in the Asia Pacific (APAC) region during the......
3 Steps for FinTech-Powered Fraud Prevention
Fintech Guest Posts Risk Management

3 Steps for FinTech-Powered Fraud Prevention

David Jackson
by David Jackson0
“Spam Risk” may have shown up on your phone more times than you can count this year. And you’re probably tired of receiving emails from regal-sounding senders asking for your help recovering massive amounts of cash from overseas banks. Fraudsters are just as often going straight to financial institutions with......
Juniper Research eCommerce Losses to Online Payment Fraud to Exceed $20 Billion Annually in 2021
Commerce Digital Payments Featured News

Juniper Research: eCommerce Losses to Online Payment Fraud to Exceed $20 Billion Annually in 2021

Sudipto Ghosh
by Sudipto Ghosh0
Online Payment Fraud is costing billions to e-commerce businesses. According to a new study from Juniper Research, the value of losses due to eCommerce fraud will rise this year, from $17.5 billion in 2020 to over $20 billion by 2021; a growth of 18% over a single year! China is the biggest......
FiVerity Secures $2M Round to Accelerate Growth and Expand its Cyber Fraud Detection Platform for Banks, Credit Unions and Credit Card Providers
Finance Fintech News

FiVerity Secures $2 Million Round to Accelerate Growth and Expand its Cyber Fraud Detection Platform for Banks, Credit Unions and Credit Card Providers

Fintech News Desk
by Fintech News Desk0
FiVerity’s Machine Learning-Powered Platform Addresses Fast-Growing Types of Cyber Fraud and Other Rapidly Expanding Financial Crimes  FiVerity, Inc., a leading provider of cyber fraud detection and threat intelligence, announces today that it closed a $2 million round of financing to expand its cyber fraud detection and threat intelligence platform, which addresses......
Three Ways To Fight Bank Fraud
Artificial Intelligence Banking Fintech Guest Posts Investment Services Risk Management Robotic Process Automation

Three Ways To Fight Bank Fraud

Cheryl Chiodi
by Cheryl Chiodi0
The rise in daily fraud attacks on banks and financial institutions has led to some organizations adding additional resources to their financial crime teams, but if they are still using old tools, is throwing more people at the problem the answer? There is no doubt that Know Your Customer (KYC)......
PayPal has a New Pay Later Option, Now Available on Digital River
Business Fintech Investment Services News

Digital River’s Payments, Fraud, Tax & Compliance Management Solution Now Available on SAP App Center

Fintech News Desk
by Fintech News Desk0
Digital River, an experienced global ecommerce enabler for established and fast-growing brands, today announced that its Payments, Fraud, Tax & Compliance Management solution is now available on SAP App Center, the digital marketplace for SAP partner offerings. Digital River’s solution integrates with SAP Commerce Cloud, offering B2C and B2B brands......
ID Insight Launches Financial Institution Fraud Investigation Network(SM)
Fintech News Risk Management

ID Insight Launches Financial Institution Fraud Investigation Network(SM)

Fintech News Desk
by Fintech News Desk0
New network applies technology to facilitate unprecedented and automatic collaboration between investigators across the country to keep fraud out of the banking system Organized fraud rings are growing more sophisticated, sharing technology, data and insights designed to defraud financial institutions. And now – on the heels of FinCEN encouraging banks......
NetGuardians Raises CHF 17m to Fight Fraud; Investors Include Pictet Group and ACE & Company
Artificial Intelligence Fintech Investment Services News Risk Management

NetGuardians Raises CHF 17m to Fight Fraud; Investors Include Pictet Group and ACE & Company

Fintech News Desk
by Fintech News Desk0
Award-winning Swiss FinTech NetGuardians, renowned for its smarter AI-based enterprise risk platform for combating banking fraud, announced it has successfully completed a new round of funding. Read More: DNA Behavior Announces Integration with Schwab Advisor Center NetGuardians raised CHF 17m in new capital, more than the double each of the......
DataVisor Welcomes New Fraud and Risk Leaders to Executive Team
Artificial Intelligence Fintech News

DataVisor Welcomes New Fraud and Risk Leaders to Executive Team

Fintech News Desk
by Fintech News Desk0
Industry Veterans Steve Knopf and Jamshed Patel Fill Strategic Roles as DataVisor Gears Up for More Growth and Product Innovation DataVisor, the leading fraud detection company with solutions powered by transformational AI technology, announced that it has welcomed two new technology veterans to its executive leadership team: Steve Knopf, Vice......
New Study by SaS Shares Highlights On Fraud Surges in Digital Payments During Covid-19
Fintech News Risk Management

New Study by SAS Shares Highlights On Fraud Surges in Digital Payments During Covid-19

Fintech News Desk
by Fintech News Desk0
Global study by Javelin Strategy & Research and SAS explores how digital payments are spurring fraud and financial crime – and how mitigation efforts must adapt Amid coronavirus-driven lockdowns and social distancing, proliferating mobile apps and online channels have proven vital lifelines. US mobile banking grew 50% in the first......
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