Search Results for: security and fraud

Regula Study Unveils Regional Expectations for Digital ID Fraud Reduction
Fintech News Security

Regula Study Unveils Regional Expectations for Digital ID Fraud Reduction

Business Wire
by Business Wire0
In its study “The New Imperative: Digital IDs,” Regula, a global developer of forensic devices and identity verification solutions, reveals that most organizations globally anticipate a notable reduction in identity fraud after implementing digital IDs. However, the study also highlights varying expectations across different regions regarding the extent of this......
Sycurio Appoints Greg Armor as Chief Revenue Officer to Drive Global Expansion and Capitalize on Digital Transformation
Digital Payments News

Sycurio Appoints Greg Armor as Chief Revenue Officer to Drive Global Expansion and Capitalize on Digital Transformation

Business Wire
by Business Wire0
Sycurio, the leading provider of seamless and secure multi-channel payment experiences for contact centers, announced the appointment of Greg Armor as its new Chief Revenue Officer (CRO). With a proven track record of driving revenue growth and expanding global market share, Armor will lead all revenue-generating strategies and initiatives, propelling......
Innovating Security: How FinVolution is Taking Next-Generation Technologies to Fight Deepfake-Driven Financial Crimes
Artificial Intelligence News

Innovating Security: How FinVolution is Taking Next-Generation Technologies to Fight Deepfake-Driven Financial Crimes

PR Newswire
by PR Newswire0
Deepfake technology, an artificial intelligence tool capable of generating convincingly fake audio and video, is increasingly being used to perpetrate financial crimes worldwide, raising serious concerns about sophisticated fraud. In a notable incident reported by CNN earlier this year, a finance worker was tricked into transferring $25 million during a video call with......
Fintech Guest Posts Security

Strengthening the Financial Sector Through Authentication and Regulation

Frederik Mennes
by Frederik Mennes0
At the beginning of 2024, the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) published a report quantifying the impact of weak identity solutions on our financial system. This is the first time a federal agency has made an effort to quantify the impact of compromised credentials on the US......
Global Survey Finds 75% of Consumers Ready to Switch Banks Over Inadequate Fraud Protection
Artificial Intelligence Banking Finance Fintech News Security

Global Survey Finds 75% of Consumers Ready to Switch Banks Over Inadequate Fraud Protection

Business Wire
by Business Wire0
New research from Jumio reveals 69% of customers demand stronger cybersecurity measures as confidence in bank protections wanes Jumio, the leading provider of automated, AI-driven identity verification, risk signals and compliance solutions, today released new findings from its Jumio 2024 Online Identity Study. This year’s results highlight growing anxiety among......
FiVerity Unveils Identity Trust Management Platform to Modernize Security for Community Banks and Credit Unions
Banking News Security

FiVerity Unveils Identity Trust Management Platform to Modernize Security for Community Banks and Credit Unions

PR Newswire
by PR Newswire0
New enhancements create a single electronic location for consumer identity trust, enhanced decision-making, and strategic growth for Banks and Credit Unions. Boston, MA – June 25th, 2024 – FiVerity, a leading innovator in AI Identity Verification and Fraud Prevention, is proud to announce the launch of its Identity Trust Management platform. This groundbreaking solution is designed......
Consumers’-Growing-Demand-for-Simplicity-and-Security-Helps-U.S.-Bank-
Banking Finance Fintech News

Consumers’ Growing Demand for Simplicity and Security Helps U.S. Bank Top Javelin’s 2024 Digital Banking Scorecards

PR Newswire
by PR Newswire0
Javelin Strategy & Research released the 2024 editions of its annual Mobile Banking Scorecard and Online Banking Scorecard, with U.S. Bank earning Best in Class in both scorecards and ending Bank of America’s six-year reign atop both scorecards. The 2024 Scorecards highlight the growing importance to consumers of an intuitive experience and secure......
Banking Digital Wallet Finance Fintech Fintech Startups Interviews Mobile Banking

Global Fintech Series Interview with Yoseph West, Co-Founder and CEO at Relay

Paroma Sen
by Paroma Sen0
Hi Yoseph, tell us about yourself and more about Relay, how has the platform evolved since starting up? I co-founded the company with Paul Klicnik, today our VP of Engineering, in 2018. We recognized that SMBs go to their bank balance to understand their financial picture—not accounting software, and not......
Trust Stamp integrates its AI-powered software with Mastercard’s Sandbox as a Service
Artificial Intelligence Finance Fintech News

Trust Stamp integrates its AI-powered software with Mastercard’s Sandbox as a Service

GlobeNewswire
by GlobeNewswire0
Trust Stamp has integrated its AI-powered products with Mastercard’s Sandbox as a Service which allows Mastercard member banks and financial institutions to browse, test and experience trusted and verified solutions and customer journeys within a core banking environment Trust Stamp announced that it has integrated its AI-powered software solutions with......
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