Search Results for: financial fraud

Discover Global Network Study: 91% of Asia-Pacific Businesses Prioritize Fraud Prevention Services, Appeal for Virtual Card Numbers Grows
Finance Fintech News

Discover Global Network Study: 91% of Asia-Pacific Businesses Prioritize Fraud Prevention Services, Appeal for Virtual Card Numbers Grows

Business Wire
As the need for digital commercial payments continues to increase, APAC businesses must find ways to mitigate fraud for employees and their business expenses Discover Global Network, a leading global payment network, released the second portion of its 2024 Payment State of the Union, the most comprehensive study of its......
Cloudera Achieves PCI DSS 4.0 Compliance to Unlock Business Value from AI for Financial Institutions
Compliance management News

Cloudera Achieves PCI DSS 4.0 Compliance to Unlock Business Value from AI for Financial Institutions

PR Newswire
As AI drives business value in the financial sector, this milestone underscores Cloudera’s commitment to security and compliance Cloudera, the only true hybrid platform for data, analytics, and AI, announced it has achieved Level 1 compliance with the Payment Card Industry’s (PCI) Data Security Standard (DSS) for Service Providers. This......
Alkami Market Study Reveals Differences in AI Outlook between Financial Institutions and Consumers
Banking News

Alkami Market Study Reveals Differences in AI Outlook between Financial Institutions and Consumers

PR Newswire
96% of financial institutions foresee AI playing a critical role in the next five years Alkami Technology, a leading cloud-based digital banking solutions provider for financial institutions in the U.S., released commissioned research findings regarding the distinct perspectives on artificial intelligence (AI) held by regional and community financial institutions (RCFIs) compared......
Alogent and Mitek Announce Partnership to Tackle Ballooning Check Fraud Epidemic
News Security

Alogent and Mitek Announce Partnership to Tackle Ballooning Check Fraud Epidemic

Business Wire
Mitek’s Check Fraud Defender selected by Alogent to bring better check fraud detection to banks and credit unions Mitek Systems, a global leader in digital identity and fraud prevention, announces the expansion of their partnership with Alogent. Alogent will integrate Mitek’s Check Fraud Defender (CFD) into its web-based enterprise deposits automation......
Unit21 Brings New ACH Fraud Prevention Measures to FIs, Payments Companies and Fintechs Using AI
Digital Payments Finance Fintech News

Unit21 Brings New ACH Fraud Prevention Measures to FIs, Payments Companies and Fintechs Using AI

Business Wire
New tools proactively block unauthorized transactions and streamline investigations Unit21, a global risk and compliance leader that proactively mitigates risks tied to fraud, money laundering, and other financial crimes, today announced a new bundle of features for Automated Clearing House (ACH) transactions. These features use Generative AI (GenAI) and machine......
90% of Americans Worry About Rise in Fraud, 74% Think AI Will Increase Successful Fraud Attempts, Abrigo Survey Finds
News Risk Management

90% of Americans Worry About Rise in Fraud, 74% Think AI Will Increase Successful Fraud Attempts, Abrigo Survey Finds

Business Wire
2024 Abrigo Fraud Survey shows half of Americans are “extremely concerned” about fraud, misconceptions about recoverability persist, and majority (71%) worry about money laundering Abrigo, a leading provider of financial crime prevention and risk management solutions for U.S. financial institutions, announced compelling new survey results revealing how Americans feel about......
Artificial Intelligence Banking Featured Finance Fintech Robotic Process Automation Security

The Impact of Automation and Data Intelligence on Customer Experience in Financial Services

Prajakta Ayade
Automation and data intelligence are driving significant transformations across finance, particularly in customer experience. These technologies are reshaping how financial institutions interact with customers, offering personalized, efficient, and seamless services. Enhancing Efficiency and Accuracy One of the primary benefits of automation in financial services is the enhancement of efficiency and......
Banking Digital Payments Featured Finance Fintech Security

Cybersecurity in FinTech: Protecting The Future of Digital Financial Services

Prajakta Ayade
Cybersecurity has emerged as a critical concern today. Ensuring the security of digital financial services is paramount to maintaining customer trust and safeguarding sensitive data. Recently authID and FinClusive joined forces to integrate next-gen biometric and financial crimes compliance solutions, significantly boosting identity management’s security. This partnership enhances identity verification,......
BankBound and Narmi Partner to Accelerate Deposit Growth for Financial Institutions
Fintech News

BankBound and Narmi Partner to Accelerate Deposit Growth for Financial Institutions

EIN Presswire
The partnership aims to deliver improved user experiences, stronger fraud prevention, and substantial deposit increases. BankBound, a leading digital marketing firm specializing in financial marketing, has officially announced a strategic partnership with Narmi, a premier digital banking solutions provider. This collaboration is designed to level the playing field for financial......
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