Search Results for: Fraud Management

FICO Round Table Discusses Approaches to Sharp Rise in Scams and Authorised Push Payment Fraud
Digital Payments News

FICO Round Table Discusses Approaches to Sharp Rise in Scams and Authorised Push Payment Fraud

Fintech News Desk
by Fintech News Desk0
FICO event on 8 February will gather industry experts to discuss what must be done across the payments ecosystem to stem losses from fraud scams In 2021, UK losses to authorised push payment (APP) scams reached £583.2 million. This 39 percent year-on-year increase in losses shows how inventive and active......
Economy Insights News

Chargebacks Filed Admitted As A “Friendly” Fraud By 25% Consumers

Fintech Staff Writer
by Fintech Staff Writer0
Sift, which is famous as a leader in Digital Trust & Safety, released its Digital Trust & Safety Index for Q4 2022, which found that chargeback dispute rates have risen over 35% since Q1 2022, as everyday consumers increasingly seek to claw back money. This report which is based on......
OnlineCheckWriter.com Strengthens Fraud Detection
B2B Digital Payments News Security

OnlineCheckWriter.com Strengthens Fraud Detection

Fintech News Desk
by Fintech News Desk0
OnlineCheckWriter.com, a leading B2B payments company, announced its enhanced security measures to fight the widely prevalent fraud attempts targeting payment companies and users. As a payment service provider receiving hundreds of new-user registrations daily, OnlineCheckWriter.com has instituted multi-level screening before approving every new account application. As part of the heightened......
BMO and Extend Bring Virtual Card Distribution and Better Spend Management Capabilities to North American Commercial Clients
Digital Payments Fintech News

BMO and Extend Bring Virtual Card Distribution and Better Spend Management Capabilities to North American Commercial Clients

Fintech News Desk
by Fintech News Desk0
Partnership gives clients rapid onboarding and offers customizable Extend API to help grow business through payment innovation BMO and Extend, a virtual card and spend management platform, announced the addition of a simple and powerful set of payments functionality to BMO Corporate Cards. Through its existing relationship with Mastercard, BMO Commercial......
Banking Executives Report Lacking Proactive Fraud Prevention Approach
Banking Fintech News Security

Banking Executives Report Lacking Proactive Fraud Prevention Approach

Fintech News Desk
by Fintech News Desk0
Transaction Data and Customer-Abuse Scoring Seen as Insufficient to Accomplish Goals While a comprehensive fraud management program is essential to mitigating risk and driving growth, a new survey finds that executives at some US financial institutions are at odds on whether their strategies are sufficiently proactive. Specifically, the survey of 105 decision......
Pinterest Announces Partnership with Elliott Investment Management
Investment Services News

Pinterest Announces Partnership with Elliott Investment Management

Fintech News Desk
by Fintech News Desk0
Marc Steinberg Joins Board as Independent Director Pinterest, Inc. announced it has entered into a long-term cooperation agreement with Elliott Investment Management L.P. (together with certain affiliates, “Elliott”), including the appointment of Marc Steinberg, Senior Portfolio Manager at Elliott, to the Board of Directors effective December 16, 2022. “We’d like......
New FICO Survey: Americans Value Financial Fraud Prevention More Than Banking Customer Experience
Banking Finance News

New FICO Survey: Americans Value Financial Fraud Prevention More Than Banking Customer Experience

Fintech News Desk
by Fintech News Desk0
A new report from FICO focusing on consumer perception of how financial organizations manage fraud and identity verification found that fraud protection is top of mind for American consumers Global analytics software platform provider, FICO, released findings of a survey exploring the shift in consumer expectations on how financial institutions......
New Report: Identity Fraud Doubled in Crypto and Banking in 2022
Banking News

New Report: Identity Fraud Doubled in Crypto and Banking in 2022

Fintech News Desk
by Fintech News Desk0
All-in-one verification platform, Sumsub, highlights seven key fraud trends of 2022 and shares predictions for 2023 in its annual identity fraud study Sumsub, a global verification platform providing customizable KYC, KYB, transaction monitoring, and AML solutions for the whole customer journey, published its second annual Identity Fraud Report, that identifies......
Finzly Launches Cash and Treasury Management SuperApp on its Award-winning Platform
Banking Fintech News

Finzly Launches Cash and Treasury Management SuperApp on its Award-winning Platform

Fintech News Desk
by Fintech News Desk0
Finzly Experience Hub offers cutting-edge treasury experience to manage accounts, payments and global treasury needs of business customers through a digital banking portal and Open APIs that can be embedded into 3rd party apps Finzly, a fintech provider of modern banking applications for payments, foreign exchange, trade finance and BaaS,......
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