Search Results for: financial crimes

LexisNexis Risk Solutions Released True Cost of Financial Crime Compliance Study
Compliance management News

LexisNexis Risk Solutions Released True Cost of Financial Crime Compliance Study

Fintech News Desk
by Fintech News Desk0
 The intensifying challenge of keeping up with the complex sanctions environment is leading financial institutions to confront a growing screening workload, increasing the number of screening alerts at 79% of organizations. LexisNexis Risk Solutions released the findings of its latest True Cost of Financial Crime Compliance Study – Asia Pacific.......
GAIM Ops Cayman Explores the State of Alternative Investment Operations with Top Government Officials, Regulatory Agencies, Legal, Fintech and Financial Firm Leaders
Investment Services News

GAIM Ops Cayman Explores the State of Alternative Investment Operations with Top Government Officials, Regulatory Agencies, Legal, Fintech and Financial Firm Leaders

PR Newswire
by PR Newswire0
The event begins April 14 through 17, 2024 at the Ritz-Carlton, Grand Cayman. More than 700 c-suite executives, managing directors, top government officials and senior professionals shaping the alternative investment operations are expected at this year’s GAIM Ops Cayman in Grand Cayman to discuss operations, legal issues, security, AI, tech, and due diligence. The curated......
Study Reveals Annual Cost of Financial Crime Compliance Totals $61 Billion in the United States and Canada
Compliance management News

Study Reveals Annual Cost of Financial Crime Compliance Totals $61 Billion in the United States and Canada

PR Newswire
by PR Newswire0
True Cost of Financial Crime Compliance Study Reveals Organizations Prioritizing Cost Reduction While Ensuring Regulatory Adherence Financial crime compliance costs have risen for 99% of financial institutions 70% of financial institutions prioritize cutting compliance costs in next 12 months Cryptocurrencies and AI techniques are now being adopted by criminals as tools......
Mitek Supercharges Financial Institutions’ Ability to Detect Check Fraud With MiControl
Fintech News Security

Mitek Supercharges Financial Institutions’ Ability to Detect Check Fraud With MiControl

Business Wire
by Business Wire0
Fraud analysts achieve a sixfold increase in productivity detecting check fraud Mitek Systems, Inc. today introduced MiControl, a comprehensive fraud management console that works with Mitek’s Check Fraud Defender. MiControl quickly detects check fraud, reduces losses and further increases consumers’ online security. With its advanced visualizations and overlays, paired with......
The ABCs of Financial Crime: Consumer Education is the First Line of Defense
Fintech News

The ABCs of Financial Crime: Consumer Education is the First Line of Defense

PR Newswire
by PR Newswire0
Spreading the message and removing the stigma around scams is the only way to fight back against scammers where it matters most – in the hearts and minds of Americans. Criminals have been challenging the banking and digital payments space for decades. As the financial services industry began offering safeguards......
Survey Reveals 8 in 10 Americans Worry That Artificial Intelligence Tech Will Be Used for Identity Theft Crimes
Artificial Intelligence News

Survey Reveals 8 in 10 Americans Worry That Artificial Intelligence Tech Will Be Used for Identity Theft Crimes

PR Newswire
by PR Newswire0
Generative artificial intelligence (AI) has captured the world’s attention but also has introduced new risks and concerns that were not on people’s radars even a year ago. Today more than 8 in 10 (82%) are concerned about the use of AI by criminals to steal someone’s identity, that’s according to......
Genpact Integrates riskCanvas with Amazon Bedrock for Advanced AI in Financial Crime Management
Artificial Intelligence Finance News

Genpact Integrates riskCanvas with Amazon Bedrock for Advanced AI in Financial Crime Management

PR Newswire
by PR Newswire0
Integration of Amazon Bedrock into Genpact’s riskCanvas financial crime risk management suite to drive value across clients, including Apex Fintech Solutions Genpact, a global professional services firm focused on delivering outcomes that transform businesses, expanded its relationship with Amazon Web Services, Inc. (AWS) to transform financial crime risk operations, leveraging......
SentiLink Launches Facets – a New Solution to Significantly Improve Financial Fraud Detection and Enhance Proprietary Fraud Models
Fintech News

SentiLink Launches Facets New Solution to Significantly Improve Financial Fraud Detection and Enhance Proprietary Fraud Models

Business Wire
by Business Wire0
Early test partners significantly improved their ability to accurately detect fraud by incorporating SentiLink Facets, a set of ready-to-use model attributes. SentiLink, the leading provider of innovative identity and risk solutions, announced the launch of Facets, a new intelligent attributes solution that enables U.S. financial institutions to improve fraud models......
Unit21, the Risk and Compliance Infrastructure Company Helping Clients Prevent Financial Crime
Fintech News

Unit21, the Risk and Compliance Infrastructure Company Helping Clients Prevent Financial Crime

Business Wire
by Business Wire0
Financing, led by Tiger Global with participation from South Park Commons, has helped foster the growth of a collaborative community of professionals working to stop financial fraud Reports surging participation in fraud data consortium Fintech Fraud DAO, which launched last fall and covers more than 10% of adult consumer transactions......
ThreatAdvice-Launches-TAFraudSentry-A-Game-Changing-AI-Powered-Solution-to-Empower-Community-Financial-Institutions-in-the-Fight-Against-Check-Fraud
Artificial Intelligence News Security

ThreatAdvice Launches TAFraudSentry: A Game-Changing AI-Powered Solution to Empower Community Financial Institutions

PR Newswire
by PR Newswire0
ThreatAdvice, the leading cybersecurity powerhouse based in Birmingham, Ala., proudly announces the launch of TAFraudSentry, a fraud prevention platform that harnesses the full potential of advanced artificial intelligence and image analysis technologies. Latest Fintech Interview: Global Fintech Interview with Paul Monk, Chief Executive Officer at Alpha Development With the rapid......
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