Search Results for: financial fraud

Banking Executives Report Lacking Proactive Fraud Prevention Approach
Banking Fintech News Security

Banking Executives Report Lacking Proactive Fraud Prevention Approach

Fintech News Desk
by Fintech News Desk0
Transaction Data and Customer-Abuse Scoring Seen as Insufficient to Accomplish Goals While a comprehensive fraud management program is essential to mitigating risk and driving growth, a new survey finds that executives at some US financial institutions are at odds on whether their strategies are sufficiently proactive. Specifically, the survey of 105 decision......
Reltime’s Global WEB3 Financial Ecosystem Changes the Game of the USD 7.5 Trillion Forex Market
Cryptocurrency Finance News

Reltime’s Global WEB3 Financial Ecosystem Changes the Game of the USD 7.5 Trillion Forex Market

Fintech News Desk
by Fintech News Desk0
Reltime announces its successful launch of the first swap of digital fiat currencies within the world’s first Web3 financial ecosystem. This revolutionary new Reltime FX service is now being offered to current and future Reltime B2B2C partners. Initial fiat currencies that can be swapped are NOK, SEK, DKK, EUR, USD, JPY,......
Artificial Intelligence Featured Fintech Primers News

An Overview of the Use Of AI in Financial Services

Pooja Choudhary
by Pooja Choudhary0
FCA announced in 2019 it is partnering with the Alan Turing Institute for the exploration of transparency of AI in the financial services domain. In this article, we shall be dealing with the opportunities, challenges, and issues involved with AI with special limelight on the role of transparency in pursuing......
New Report: Identity Fraud Doubled in Crypto and Banking in 2022
Banking News

New Report: Identity Fraud Doubled in Crypto and Banking in 2022

Fintech News Desk
by Fintech News Desk0
All-in-one verification platform, Sumsub, highlights seven key fraud trends of 2022 and shares predictions for 2023 in its annual identity fraud study Sumsub, a global verification platform providing customizable KYC, KYB, transaction monitoring, and AML solutions for the whole customer journey, published its second annual Identity Fraud Report, that identifies......
Finance News Security

Bottomline Pockets A Win For Preventing Insider Fraud

Fintech News Desk
by Fintech News Desk0
Bottomline Technologies, a leading provider of financial technology that makes business payments and financial messaging simple, smart and secure, is pleased to report that it won, for the second year running, the Invisible Security category at one of the industry’s leading financial technology award ceremonies in London last night. Celebrating......
Access Softek Launches EasyVest YourChoice to Provide Community Financial Institutions
Banking Mobile Banking News

Access Softek Launches EasyVest YourChoice to Provide Community Financial Institutions with Integrated Investment Solution

Fintech News Desk
by Fintech News Desk0
Access Softek, an omnichannel digital banking provider, has launched EasyVest YourChoice, an integrated investment solution that gives users the ability to trade stocks, fractional shares, and mutual and exchange-traded funds from within a digital banking platform. “Access Softek’s EasyVest YourChoice solution places community financial institutions at the forefront of a major industry shift”......
Galileo to Power Fintech Pomelo’s ‘Remit Now, Pay Later’ Credit Card to Boost Financial Access
Fintech News

Galileo to Power Fintech Pomelo’s ‘Remit Now, Pay Later’ Credit Card to Boost Financial Access

Fintech News Desk
by Fintech News Desk0
Pomelo will tap Galileo’s flexible API-enabled platform for first of its kind combined credit and U.S.-based international money transfer service Galileo Financial Technologies, LLC, a leading financial technology company owned and operated independently by SoFi Technologies, Inc., announced that its API-enabled financial technology powers Pomelo, a new charge card that......
Pure Storage Helps Financial Services Firms Harness the Power of Data to Drive Better Customer Experiences
Finance Fintech News

Pure Storage Helps Financial Services Firms Harness the Power of Data to Drive Better Customer Experiences

Fintech News Desk
by Fintech News Desk0
9 of the top 10 global investment banks, 7 of the top 10 asset management companies, and 5 of the top 10 insurance organizations rely on Pure Storage Pure Storage, the IT pioneer that delivers the world’s most advanced data storage technology and services, announced continued momentum within the financial......
SWIFT and MonetaGo Deliver Major Milestone in Fight Against Trade Finance Fraud
Finance News

SWIFT and MonetaGo Deliver Major Milestone in Fight Against Trade Finance Fraud

Fintech News Desk
by Fintech News Desk0
SWIFT and MonetaGo have achieved an important milestone in the global fight against fraud and duplicate financing, with the live launch of the Trade Financing Validation Service provided by MonetaGo over the global SWIFT network. “Trade finance is rightly understood to be a low-risk asset class that finances the real......
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