Search Results for: financial fraud

Mastercard Ramps Up Fraud Protection for eCommerce Merchants by Integrating Vesta Solutions into Mastercard Payment Gateway Services
Digital Payments News

Mastercard Ramps Up Fraud Protection for eCommerce Merchants by Integrating Vesta Solutions into Mastercard Payment Gateway Services

Fintech News Desk
by Fintech News Desk0
Tie-up offers MPGS customers access to Vesta’s Payment Guarantee and Payment Protect solutions MPGS users who opt-in can expect higher transaction approval rates, more revenue, happier customers With merchants estimated to suffer more than US$48 billion in eCommerce fraud globally in 2023 – 22% of that in Asia – Mastercard announced the......
Heffernan Financial Services Acquires Ascendant Financial Solutions
Finance News

Heffernan Financial Services Acquires Ascendant Financial Solutions

PR Newswire
by PR Newswire0
Heffernan Financial Services expanded its wealth management capabilities and presence in Arizona with the acquisition of Ascendant Financial Solutions. Ascendant is a Registered Investment Advisor with offices in Flagstaff, Phoenix and Mesa. JD Hoyt joined Heffernan Financial Services effective May 1, 2023 as an Executive Vice President, along with his team of advisors and employees. JD Hoyt founded......
MX Delivers Free Data Access Solution to Help Financial Institutions Provide Tokenized API Connections
Finance Fintech News

MX Delivers Free Data Access Solution to Help Financial Institutions Provide Tokenized API Connections

PR Newswire
by PR Newswire0
MX, an industry leader in Open Finance, announced that Data Access, formerly MXaccess, is now available for free to financial institutions and data providers. Data Access enables financial institutions and other data providers to help consumers connect to all the financial providers they use to manage their money, including banks,......
DCI and DataVisor Team Up to Help Banks Fight Fraud
Banking Mobile Banking News

DCI and DataVisor Team Up to Help Banks Fight Fraud

PR Newswire
by PR Newswire0
Financial fraud has increased substantially as the trend towards mobile banking and digitization accelerates. In 2022 alone, the Federal Trade Commission received over 1.1 million reports of identity theft and over 440,000 reports of credit card fraud. To help banks detect and mitigate fraud proactively, DCI (Data Center Inc.) –......
Wultra and iProov Partner to Bring Biometric Technology to Banks and Financial Services Technology Providers
Banking News

Wultra and iProov Partner to Bring Biometric Technology to Banks and Financial Services Technology Providers

Business Wire
by Business Wire0
Raiffeisen Bank deploys biometrics to enable remote enrolment and account reactivation iProov, the global leader in biometric authentication, announced a partnership with Wultra, the leading digital banking security provider in the Czech Republic. The partnership enables Wultra to provide iProov’s biometric solutions suite as part of its portfolio of digital......
CredoLab Raises USD 7 million in Series A Investment Round Led by GBG; Plans Expansion in US and Other Markets
Finance News

Credolab Partners with Taktile to Empower the Use of Behavioral Data in Financial Decision-Making

Fintech News Desk
by Fintech News Desk0
Automated decisioning platform Taktile invited credolab as the first behavioral data provider in its recently launched Data Marketplace  Fintech scaleup credolab joins forces with automated decisioning platform Taktile making it easier for financial organizations to leverage alternative data for launching new products, reducing risk, and making more accurate decisions. As......
FiVerity Raises $4 Million to Launch Anti-Fraud Collaboration with Banks
Banking Finance News

FiVerity Raises $4 Million to Launch Anti-Fraud Collaboration with Banks

Fintech News Desk
by Fintech News Desk0
Appoints Veteran Banking Investor John Clausen to Board of Directors FiVerity, creators of the Anti-Fraud Collaboration platform, announced a $4 million seed financing round, led by Mendon Venture Partners, a venture capital investment and strategic advisory firm focused on the intersection of financial technology companies and traditional banks. Joining Mendon......
Modern Wealth Management Acquires $1.5 Billion Barber Financial Group
Investment Services News

Modern Wealth Management Acquires $1.5 Billion Barber Financial Group

Business Wire
by Business Wire0
New RIA from former Goldman Sachs and United Capital executives makes its first acquisition, adding offices in Metro Kansas City and Detroit, MI Modern Wealth Management, a national registered investment advisory (RIA) firm founded to meet the evolving needs of today’s financial professionals and their clients, announced it has acquired......
OnbeGuard: Leveraging Behavioral Biometrics to Stop Fraud Before it Happens
Fintech News Security

OnbeGuard: Leveraging Behavioral Biometrics to Stop Fraud Before it Happens

Business Wire
by Business Wire0
By integrating BioCatch’s machine learning technology, OnbeGuard continues Onbe’s drive to innovate with frictionless anti-fraud solutions for companies and for payees Onbe, a leading disbursements financial technology company, announces the launch of OnbeGuard, the latest enhancement to Onbe’s suite of fraud prevention tools, which now includes the integration of behavioral......
15 Ways How AI Is Reshaping The Banking And Financial Sector
Analytics Artificial Intelligence Banking Featured Finance

15 Ways How AI Is Reshaping The Banking And Financial Sector

Pooja Choudhary
by Pooja Choudhary0
In the near future, AI will exert the power of data analytics within the financial domain which will make transactions safer by reducing fraud and increasing compliance. In contrast to traditional approaches that take so long, AI algorithms can complete anti-money trafficking jobs quickly. According to a study by Accenture,......
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