Search Results for: financial fraud

Every Rupee Lost to Fraud in India Costs Firms ₹4.00 According to LexisNexis True Cost of Fraud Study
Banking News

Every Rupee Lost to Fraud in India Costs Firms ₹4.00 According to LexisNexis True Cost of Fraud Study

PR Newswire
by PR Newswire0
Fraud has increased for 54% of Indian organisations year-on-year. In APAC, digital channels account for more fraud losses than physical channels. Four in five Indian organisations say fraud is affecting their customer conversion rates. LexisNexis Risk Solutions has unveiled the findings of its 2023 LexisNexis True Cost of Fraud Study......
New IDIQ Report Finds Staggering Surge of Spear Phishing and Utility Payment Fraud
Finance Fintech News

New IDIQ Report Finds Staggering Surge of Spear Phishing and Utility Payment Fraud

PR Newswire
by PR Newswire0
IDIQ, a financial intelligence company that empowers consumers to take everyday action to control their financial well-being, featuring the flagship IdentityIQ® brand, today released its IdentityIQ 2023 Scam Report, identifying identity theft trends from 2023 and predictions for this year. The report, based on proprietary data, highlights that spear phishing scams targeting......
News Risk Management

apexanalytix Launches Passkeys to Prevent Fraud and Safeguard Clients’ Supplier Data with Biometric Authentication

PR Newswire
by PR Newswire0
This new advancement in fraud prevention protects login credentials from cyber criminals even when a supplier’s network or email system is compromised. apexanalytix, the leading provider of global supply chain risk management data, software and services, announced the launch of Passkeys. This industry-first feature enables suppliers to securely log into......
Verafin Enhances Financial Crime Management Solutions Suite with Launch of Entity Research Copilot — First of Its Integrated Copilot Capabilities
Artificial Intelligence Finance

Verafin Enhances Financial Crime Management Solutions Suite with Launch of Entity Research Copilot — First of Its Integrated Copilot Capabilities

Business Wire
by Business Wire0
Proven Solutions with Integrated GenAI Copilot Features Significantly Improve Investigator Efficiency with up to 90% Reduction in Alert Review Time Compared to Legacy Approaches. Verafin, a Nasdaq company, renowned for its expertise in applying artificial intelligence (AI) and big data technologies to fight crime, announces the launch of Entity Research......
DCI Expands DataVisor Partnership for Increased Fraud Protection
Fintech News Risk Management Security

DCI Expands DataVisor Partnership for Increased Fraud Protection

Business Wire
by Business Wire0
DataVisor, the world’s leading AI-powered fraud and risk platform, is thrilled to announce the expansion of its partnership with DCI, a leading provider of award-winning core processing, digital banking, and fintech solutions. Following a highly successful initial phase of deployment, DCI will now broaden the use of DataVisor’s next-generation fraud solutions......
Cognizant and FICO Partner to Help Banks Prevent Real-Time Payments Fraud
Digital Payments News

Cognizant and FICO Partner to Help Banks Prevent Real-Time Payments Fraud

PR Newswire
by PR Newswire0
Cloud-based solution provides banks and payment providers with fraud protection powered by artificial intelligence and machine learning Cognizant announced a planned collaboration with FICO, a leading analytics software company, to launch a cloud-based real-time payment fraud prevention solution powered by FICO Falcon Fraud Manager. The joint offering would leverage both firms’ artificial intelligence (AI) and......
Brand Safety and Mutual Trust: The Key to Building Financial Services Partnerships
Fintech Guest Posts Risk Management

Brand Safety and Mutual Trust: The Key to Building Financial Services Partnerships

Smita Pillai
by Smita Pillai0
If you are a financial services brand, working with creators and other third parties might seem like an impossible task. The risks of fines from non-compliance by third parties might seem too great. But there are methods available to ensure creators and other partners follow regulatory guidance – and what’s......
Alessa and RZOLUT Join Forces to Provide Innovative Data, Compliance and Financial Crime Prevention Solutions
Compliance management News

Alessa and RZOLUT Join Forces to Provide Innovative Data, Compliance and Financial Crime Prevention Solutions

PR Newswire
by PR Newswire0
Integrating RZOLUT’s data with Alessa’s end-to-end AML/KYC compliance solution ensures customers can identify and resolve risks in real-time at a reduced cost. Alessa , a provider of Anti Money Laundering (AML) and fraud management solutions, is pleased to announce a strategic partnership with RZOLUT, an award-winning RegTech data and platforms organization. This collaboration harnesses......
Veriff Identity Fraud Index: Company's Fraud Record Impacts Consumers' Purchase Decisions
News Security

Veriff Identity Fraud Index: Company’s Fraud Record Impacts Consumers’ Purchase Decisions

PR Newswire
by PR Newswire0
The Veriff Identity Fraud Index found that more than 75% of our consumers consider a company’s record on fraud prevention before signing up for a service. Veriff, a global identity verification (IDV) provider, announced the release of the 2024 Veriff Identity Fraud Index. The report examines consumer preferences in using digital security......
Ant-International-and-Capital-A-to-Form-Strategic-Partnership-in-Digital-Payments,-Financial-Technologies,-and-Sustainability-Promotion
Digital Payments Finance Fintech

Ant International and Capital A to Form Strategic Partnership in Digital Payments, Financial Technologies, and Sustainability Promotion

Business Wire
by Business Wire0
The comprehensive partnership covers collaborative initiatives between Ant International’s Alipay+ cross-border payment, marketing and digitalization technology solutions, payment orchestration services, and other business segments, and flagship businesses under Capital A, including AirAsia, the one-stop travel platform AirAsia MOVE, and finance app BigPay. Ant International and Capital A Berhad, owner of......
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