Search Results for: Anti-Fraud

Swift-and-Global-Banks-Launch-AI-Pilots-to-Tackle-Cross-Border-Payments-Fraud
Artificial Intelligence Finance Fintech News

Swift and Global Banks Launch AI Pilots to Tackle Cross-Border Payments Fraud

Business Wire
by Business Wire0
The cooperative has convened financial institutions for two pilots that will use AI to enhance fraud detection in cross-border payments Swift is using its unique role to bring the finance industry together to improve anti-fraud capabilities by using leading AI technology AI could help the payments industry save billions in......
Artificial Intelligence B2B Banking Business Fintech Guest Posts

The Good and Bad of AI in Financial Services

Jeffrey Feinstein
by Jeffrey Feinstein0
The rise of artificial intelligence (AI) has brought about a range of reactions in the financial services industry from confusion and worry to excitement. As I interact with other data scientists, fraud analysts and risk managers, the benefits and risks of AI and its subdivision Generative AI (GenAI) have become......
Feedzai Bolsters C-suite With New Chief Financial Officer
Finance Fintech

Feedzai Bolsters C-suite With New Chief Financial Officer

Business Wire
by Business Wire0
Feedzai appoints Thomson Reuters veteran David Larson as Chief Financial Officer The experienced executive joins the financial crime software unicorn after successfully leading billion-dollar global teams Larson brings extensive operational and M&A experience from a number of well known global businesses and his appointment represents Feedzai’s ambitions to scale rapidly......
Global Real-Time Payments Growth “Sustainable” As New Use Cases Push Transactions to Record Highs – ACI Worldwide Report
Finance Fintech News

Global Real-Time Payments Growth “Sustainable” As New Use Cases Push Transactions to Record Highs – ACI Worldwide Report

Business Wire
by Business Wire0
266.2 billion real-time payments transactions were recorded globally in 2023, a YoY growth of 42.2% 49% of all real-time transactions worldwide were made in India, followed by Brazil (14%), Thailand (8%), China (7%) and South Korea (3%) Report highlights lessons learned from five of the world’s most successful real-time payments......
"Sumsub Released Fraud Prevention Solution "
Fintech News

Research Exposes Every 100th User of Online Services Involved in Fraud Network

PR Newswire
by PR Newswire0
According to Sumsub’s internal research, every 100th user of a digital platform or service globally was a member of a fraud ring in 2023. Research by Sumsub, a leading global verification platform with 1B+ identities database, shows an alarming surge of fraud networks across multiple regions. The company discovered the trend prior to......
Tookitaki Announces Rebranding of its AML Suite to FinCense to Reflect the Enhanced Capabilities of the Platform
Fintech News

Tookitaki Announces Rebranding of its AML Suite to FinCense to Reflect the Enhanced Capabilities of the Platform

PR Newswire
by PR Newswire0
This strategic move is aimed at better representing the enhanced capabilities of its compliance platform, which now seamlessly addresses both fraud and AML risks. Tookitaki, a trusted leader in the financial crime space, announced the rebranding of its flagship Anti Money Laundering Suite (AMLS) to FinCense. This strategic move is aimed......
ACI Worldwide To Power Payments for U.K. Retailer Co-op in Cloud
Cloud Fintech News

ACI Worldwide To Power Payments for U.K. Retailer Co-op in Cloud

Business Wire
by Business Wire0
U.K. retailer Co-op has successfully moved its full stack of payments and fraud prevention software into ACI’s multi-tenant cloud platform hosted in Microsoft Azure. Migration will enable Co-op to run its operations more efficiently, providing scalability, security and enhanced data protection. ACI Worldwide, a global leader in mission-critical, real-time payments......
EBANX Launches This Year’s Product Innovations Focused On Performance in Payments in Rising Markets
Digital Payments News

EBANX Launches This Year’s Product Innovations Focused On Performance in Payments in Rising Markets

Fintech News Desk
by Fintech News Desk0
 EBANX announced its new Product Series, including new anti-fraud enhancements, updates in payment processing for high-value tickets in B2B transactions, and other improvements to serve merchants in the 29 countries where it operates in Latin America & Caribbean, Africa, and Southeast Asia EBANX, a global technology company specializing in payments......
Galileo Payment Risk Platform Now Available to the Entire Financial Services Ecosystem
Digital Payments News

Galileo Payment Risk Platform Now Available to the Entire Financial Services Ecosystem

Fintech News Desk
by Fintech News Desk0
Companies outside Galileo’s ecosystem can now leverage proactive risk-scoring fraud engine Galileo Financial Technologies, LLC, a leading financial technology company independently owned and operated by SoFi Technologies, is now offering the Galileo Payment Risk Platform to the entire financial services ecosystem. This holistic fraud engine delivers real-time payment risk mitigation......
XConnect Partners with Sekura.id to Combat Digital Identity Fraud in Banking, Fintech, and E-Commerce
Banking Fintech News

XConnect Partners with Sekura.id to Combat Digital Identity Fraud in Banking, Fintech, and E-Commerce

Fintech News Desk
by Fintech News Desk0
XConnect’s customers benefit from Sekura.id’s real-time mobile identity data sourced directly from global mobile network operators (MNOs)  XConnect, a Somos Company, the provider of world-class numbering intelligence solutions has partnered with Sekura.id, a leading global provider of mobile identity data, to assist in the fight against digital identity fraud for global......
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