Search Results for: security and fraud

Cyber Security in BFSI Market Surges as Financial Institutions Brace for Digital Threats
Banking News Security

Cyber Security in BFSI Market Surges as Financial Institutions Brace for Digital Threats

EIN Presswire
by EIN Presswire0
Surge in threats in the BFSI sector propel the global cyber security in BFSI market. According to the report, the global cybersecurity in banking market generated $74.3 billion in 2022, and is anticipated to generate $ 282 billion by 2032, rising at a CAGR of 14.4% from 2023 to 2032.......
Artificial Intelligence Banking Blockchain Digital Payments Featured Fintech Technology

Fintech and the Future of Digital Payments

Prajakta Ayade
by Prajakta Ayade0
In an era marked by technological advancements and digital integration, the financial transaction landscape is profoundly evolving. Digital payments, once a convenience, are now a necessity of modern commerce, revolutionizing how individuals and businesses exchange value globally. As we peek into the future, it becomes increasingly apparent that the trajectory......
Incode Joins Global FinTech Alliance, Expands to Europe to Boost Digital Security.
News Security

Incode Joins Global FinTech Alliance, Expands to Europe to Boost Digital Security.

PR Newswire
by PR Newswire0
The Global FinTech Alliance, an initiative established in Madrid, serves as a nexus for the global digital finance industry. The alliance, driven from Spain, marks a milestone in regional cooperation to promote best practices and fintech innovation.   The company seeks to enhance cybersecurity by facilitating transactions that are safer, faster, and more......
Lumin Digital Introduces One-Click Passkey Support to Enhance Security in Digital Banking
Fintech News

Lumin Digital Introduces One-Click Passkey Support to Enhance Security in Digital Banking

PR Newswire
by PR Newswire0
Lumin Digital (Lumin), a leading fintech company specializing in digital banking solutions, announces the launch of one-click passkey support within its digital banking platform. This innovative feature will help fortify the security of millions of financial institutions’ users against the ever-evolving risks of fraud and phishing attacks and is immediately available to......
Fingerprint and Oscilar Partner to Bring Frictionless Fraud Prevention to The Fintech Industry
Artificial Intelligence Fintech News

Fingerprint and Oscilar Partner to Bring Frictionless Fraud Prevention to The Fintech Industry

PR Newswire
by PR Newswire0
This strategic collaboration combines device intelligence and AI-powered risk decisioning to reduce fraud and enhance the customer experience Fingerprint, the world’s most accurate device intelligence platform, is partnering with Oscilar, a trailblazer in AI-driven risk and fraud management, to empower fintech companies with advanced fraud prevention and detection capabilities while ensuring a frictionless customer experience. Cumulative online......
Advanced Fraud Solutions Targets Image Alteration with New Payee Positive Pay Feature
Finance Fintech News

Advanced Fraud Solutions Targets Image Alteration with New Payee Positive Pay Feature

PR Newswire
by PR Newswire0
Advanced Fraud Solutions (AFS) today announced a significant enhancement to its fraud prevention platform, Positive Pay by AFS, aimed specifically at protecting financial institutions’ business accounts and individual account holders. The enhancement, Payee Positive Pay, introduces image capture technology to verify payee names. Despite broader trends towards digital payment methods, check fraud remains a critical concern......
M3 and Paymerang Expand Partnership to Accelerate Payment Automation for Hotel Finance Teams
Finance News

M3 and Paymerang Expand Partnership to Accelerate Payment Automation for Hotel Finance Teams

EIN Presswire
by EIN Presswire0
Joint solution provides transformative efficiency and security to supercharge growth for forward-thinking hotel groups M3, LLC (“M3” and formerly known as M3 Accounting Services, Inc.), North America’s #1 provider of accounting software and services, and Paymerang, a leading provider of accounts payable (AP) automation solutions for modern enterprises across America,......
Every Rupee Lost to Fraud in India Costs Firms ₹4.00 According to LexisNexis True Cost of Fraud Study
Banking News

Every Rupee Lost to Fraud in India Costs Firms ₹4.00 According to LexisNexis True Cost of Fraud Study

PR Newswire
by PR Newswire0
Fraud has increased for 54% of Indian organisations year-on-year. In APAC, digital channels account for more fraud losses than physical channels. Four in five Indian organisations say fraud is affecting their customer conversion rates. LexisNexis Risk Solutions has unveiled the findings of its 2023 LexisNexis True Cost of Fraud Study......
New IDIQ Report Finds Staggering Surge of Spear Phishing and Utility Payment Fraud
Finance Fintech News

New IDIQ Report Finds Staggering Surge of Spear Phishing and Utility Payment Fraud

PR Newswire
by PR Newswire0
IDIQ, a financial intelligence company that empowers consumers to take everyday action to control their financial well-being, featuring the flagship IdentityIQ® brand, today released its IdentityIQ 2023 Scam Report, identifying identity theft trends from 2023 and predictions for this year. The report, based on proprietary data, highlights that spear phishing scams targeting......
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