Search Results for: Fraud

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
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......
Fideo Intelligence™ Launches to Combat Fraud with Unique Data Solutions and Advanced Identity Intelligence
Artificial Intelligence Finance Fintech News

Fideo Intelligence™ Launches to Combat Fraud with Unique Data Solutions and Advanced Identity Intelligence

Business Wire
Today, a breakthrough identity intelligence company—Fideo Intelligence™ (Fideo)—has launched to transform the fight against fraud. Inspired by the concept of “Fides Publica,” or public faith, Fideo is enabling intelligence-informed decisions for the public good. Fraud has been proliferating and costing businesses billions of dollars annually1. Identity verification and anti-fraud platforms......
Oscilar Launches Groundbreaking AI-Powered ACH Fraud Detection Solution Amidst Rapid Growth in ACH Transactions
Artificial Intelligence Fintech News

Oscilar Launches Groundbreaking AI-Powered ACH Fraud Detection Solution Amidst Rapid Growth in ACH Transactions

PR Newswire
Oscilar, a leading provider of cutting-edge risk technology solutions to fintechs and financial institutions, today announced the release of its state-of-the-art AI-powered ACH Fraud Detection product. The solution identifies and prevents fraudulent transactions with unparalleled speed and accuracy by leveraging advanced machine learning algorithms, generative AI techniques, and real-time data......
Unit21 Launches AI-powered Check Fraud Prevention & Investigation Features for Financial Institutions
Compliance management Fintech News

Unit21 Launches AI-powered Check Fraud Prevention & Investigation Features for Financial Institutions

Business Wire
This suite of four features prevents fraud loss before it reaches the FI and leverages AI, automating the check investigation process for banks and credit unions. Unit21, a global risk and compliance leader that proactively mitigates risks tied to fraud, money laundering, and other financial crimes, announced the launch of......
Sumsub Joins Mastercard Engage Partner Program to Enhance User Verification and Fraud Prevention
Finance Fintech News

Sumsub Joins Mastercard Engage Partner Program to Enhance User Verification and Fraud Prevention

PR Newswire
Sumsub has been selected to join the Mastercard Engage Partner Program as a Digital First technological partner  Sumsub, a global full-cycle verification platform, has joined the Mastercard Engage Partner Program as a technological partner focused on Digital First solutions. Sumsub will provide its full suite of verification and anti-fraud solutions......
Fuse Integrates With Informed.IQ to Automate Verifications and Fraud Detection Using AI
Artificial Intelligence Finance News

Fuse Integrates With Informed.IQ to Automate Verifications and Fraud Detection Using AI

Business Wire
Informed.IQ, the fastest growing technology supplier of AI verification software to the finance industry, and Fuse, a next-generation loan origination system (LOS), announced they’ve launched an integrated solution that powers streamlined verifications and fraud detection for financial institutions. “This integration marks a significant milestone in our mission to revolutionize software......
CLARA Analytics Launches Groundbreaking AI-Based Fraud Detection for Workers’ Compensation Claims Management
Artificial Intelligence Finance Fintech News

CLARA Analytics Launches Groundbreaking AI-Based Fraud Detection for Workers’ Compensation Claims Management

Business Wire
Insurers Will See Significantly Reduced Operational Expenses and Improved Outcomes CLARA Analytics (“CLARA”), a leading provider of artificial intelligence (AI) technology for insurance claims optimization, today announced the launch of a groundbreaking new fraud detection product that leverages the company’s AI platform and large workers’ compensation datasets to increase visibility......
Mangopay launches new AI-driven Fraud Prevention solution for platforms
Finance Fintech News

Mangopay launches new AI-driven Fraud Prevention solution for platforms

EIN Presswire
Fully integrated, customisable product offers enhanced protection including real-time fraud detection, darknet insights and device fingerprinting Mangopay, a modular and flexible payment infrastructure provider for platforms, today announces the launch of its new Fraud Prevention solution. Mangopay’s Fraud Prevention solution provides a fully integrated and payment processor-agnostic AI-driven cybersecurity solution......
Deloitte 2024 Financial Services Industry Predictions: AI Expected to Transform Retail Investing, Increase Banking Fraud and Drive New Insurance Market; Climate Change Expected to Further Increase Insurance Costs for Commercial Real Estate
Fintech News

Deloitte 2024 Financial Services Industry Predictions: AI Expected to Transform Retail Investing, Increase Banking Fraud and Drive New Insurance Market; Climate Change Expected to Further Increase Insurance Costs for Commercial Real Estate

PR Newswire
Deloitte’s 2024 Financial Services Industry Predictions reports highlight trends that have the potential to impact innovation and growth as well as risk and resiliency Deloitte released its “2024 Financial Services Industry Predictions,” which outlines some of the most significant emerging trends across the financial services industry over the next three......
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
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......
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