Search Results for: Fraud Management
One in Three Canadian Crypto-Asset Owners Experienced Fraud or Scams, TMU Study Finds
Financial regulators have taken important steps to mitigate crypto risks to consumers and the economy, but safety and security issues still remain One in 10 Canadians aged 16 and older (about 3 million people) have owned a crypto-asset such as Bitcoin, Ether or a non-fungible token (NFT). Of them, one......
Mesh Payments Expands Across Europe, UK, and Asia to Support Global Enterprises with Unified Spend Management
Mesh Payments announced expansion of its unified spend management platform to support global multinational businesses operating in Europe, UK, and Asia in local currencies. Mesh now enables companies to operate globally across international entities, issue local cards and settle in local currencies all from one unified platform. The global expansion comes after 3X growth......
Stearns Bank & Sardine Transform Fintech Compliance with a New Operating System for Risk Management
Stearns Bank N.A. has partnered with Sardine, a leading provider of risk management and compliance solutions, to enhance Stearns Bank’s fintech program. This collaboration marks a first-of-its-kind approach in community banking to provide an all-in-one risk management and compliance platform for sponsored programs to address evolving regulatory and compliance requirements. As the......
Teradata and FICO Partner to Reduce Fraud, Improve Business Outcomes
New agreement to bring AI-powered decision automation and optimization to financial services, healthcare, retail, manufacturing and travel/transportation Teradata and FICO, the analytics software provider, announced they plan to bring to market integrated advanced analytic solutions for real-time payments fraud, insurance claims, and supply chain optimization. Bringing data, analytics and insights together......
DCI and DataVisor Team Up to Help Banks Fight Fraud
Financial fraud has increased substantially as the trend towards mobile banking and digitization accelerates. In 2022 alone, the Federal Trade Commission received over 1.1 million reports of identity theft and over 440,000 reports of credit card fraud. To help banks detect and mitigate fraud proactively, DCI (Data Center Inc.) –......
Eved Brings New Payment and Vendor Management Platform to Entertainment, Media and Production Companies
Production companies report 70% of payment volume is for non-payroll vendors, suppliers and independent contractors Eved LLC, the largest provider of vendor and payment management solutions for the entertainment and media industry, has partnered with SAP, a market leader in enterprise application software, to bring its efficient and secure accounts......
Modern Wealth Management Acquires $1.5 Billion Barber Financial Group
New RIA from former Goldman Sachs and United Capital executives makes its first acquisition, adding offices in Metro Kansas City and Detroit, MI Modern Wealth Management, a national registered investment advisory (RIA) firm founded to meet the evolving needs of today’s financial professionals and their clients, announced it has acquired......
Deloitte and Riskified Partner to Help eCommerce Merchants Analyze Their Fraud Exposure Against Industry Benchmarks
Riskified, a leader in eCommerce risk intelligence, announced its partnership with Deloitte, a leader in fraud and financial crime advisory services, to empower merchants with real-time insight into how their chargebacks, approval rates and fraud costs compare to similar companies in their space. This benchmarking service is an industry first,......
Younger Consumers Less Aware of Common Tax Fraud Schemes, According to ACI Worldwide Report
Report also finds that consumers in all demographics are seeking counsel from tax professionals at higher rates as they navigate increasingly complicated filings this year A new tax payment report from ACI Worldwide, a global leader in mission-critical, real-time payment solutions, developed in partnership with YouGov, shows that awareness of common payment fraud......