Search Results for: financial fraud

BAI Opens Nominations for the 2022 Global Innovation Awards Honoring Financial Leaders and Organizations Making a Significant Impact on Financial Services
Finance News

BAI Opens Nominations for the 2022 Global Innovation Awards Honoring Financial Leaders and Organizations Making a Significant Impact on Financial Services

Fintech News Desk
by Fintech News Desk0
BAI, a nonprofit independent organization that delivers the financial services industry’s most actionable insights, is celebrating innovative achievements in the financial services industry with the annual BAI Global Innovation Awards. The awards honor the global leaders and organizations who pursue bold solutions for leveraging customer insights; implementing new powerful technologies; or......
Payments and top-up Platform UnDosTres raises US$30 million to Develop new Financial Products
Finance News

Payments and top-up Platform UnDosTres raises US$30 million to Develop new Financial Products

Fintech News Desk
by Fintech News Desk0
International investment fund IDC Ventures leads this series B financing round to drive the company’s growth and strengthen its positioning as the leading digital payments and embedded financial services platform for all Mexicans UnDosTres, the Mexican fintech leader in airtime top-ups, service payments and entertainment purchases, has announced the closing......
Juniper Research Online Payment Fraud Losses to Exceed $343 Billion Globally Over the Next 5 Years, Juniper Research Study Finds
Digital Payments News

Juniper Research Online Payment Fraud Losses to Exceed $343 Billion Globally Over the Next 5 Years, Juniper Research Study Finds

Fintech News Desk
by Fintech News Desk0
Juniper Research has found cumulative merchant losses to online payment fraud globally between 2023 and 2027 will exceed $343 billion. As a comparison, this equates to over 350% of Apple’s reported net income in the 2021 fiscal year; showing the massive extent of these losses. Latest Fintech News: Sphere 3D Corp. Provides......
Lucinity Raises $17 Million in a Series B Funding Round to Provide Banks With Productivity Tools to Fight Financial Crime
Fintech Funding News

Lucinity Raises $17 Million in a Series B Funding Round to Provide Banks With Productivity Tools to Fight Financial Crime

Fintech News Desk
by Fintech News Desk0
Lucinity is using the proceeds to accelerate growth and geographic coverage for its unique Human AI technology Lucinity announced the closing of a $17 million Series B investment round, led by Keen Venture Partners and joined by Experian and its major existing investors, Crowberry Capital, Karma Ventures, and byFounders. Latest Fintech News: Asa Named as a Winner in the......
FIS Increases Approval Rates and Decreases eCommerce Fraud Liability for Merchants with Guaranteed Payments
E-commerce News

FIS Increases Approval Rates and Decreases eCommerce Fraud Liability for Merchants with Guaranteed Payments

Fintech News Desk
by Fintech News Desk0
Financial technology leader FIS announced the launch of its Guaranteed Payments solution, becoming the only payments processor to offer a fully integrated solution designed to guarantee merchants increased eCommerce transaction approval rates and eliminate the financial liability of chargebacks due to fraudulent purchases. Latest Fintech News: Outsourced Investment Firms Totaling Nearly $160......
Mercury Financial Demonstrates Leadership in Financial Inclusion, Surpassing $2.0 Billion of Near Prime Credit Card Balances
Digital Payments Finance News

Mercury Financial Demonstrates Leadership in Financial Inclusion, Surpassing $2.0 Billion of Near Prime Credit Card Balances

Fintech News Desk
by Fintech News Desk0
Disciplined, data driven approach results in high credit quality portfolio Mercury Financial, LLC, a financial inclusion technology leader exclusively serving the near-prime market with credit cards, announced today that it has achieved another milestone, with customer loans topping $2.0 billion. The company’s advanced technology, experienced credit card team and disciplined......
AU10TIX Protects Businesses Against $2 Billion in Fraud Since Start of 2022
Finance News

AU10TIX Protects Businesses Against $2 Billion in Fraud Since Start of 2022

Fintech News Desk
by Fintech News Desk0
Leading automated identity verification technology company expands financial services presence to create a more secure and inclusive digital economy AU10TIX, a leading global provider of fully automated identity verification technology powered by cutting-edge machine learning and artificial intelligence (AI), today announced that the company has prevented $2 billion in fraud related losses......
Hybrid Working Unleashes Wave of Insider Fraud as More Than Half of Businesses Fall Victim
B2B News Security

Hybrid Working Unleashes Wave of Insider Fraud as More Than Half of Businesses Fall Victim

Fintech News Desk
by Fintech News Desk0
Businesses of all sizes have been hit hard by fraud, and only 32% of fraud losses have been recovered in Great Britain (GB) and the United States (US) The shift to a cashless economy accelerates, with 1 in 5 businesses in Great Britain and 1 in 4 in the United......
Three New Members Appointed to the Boards of Regions Financial Corp. and Regions Bank
Finance News

Three New Members Appointed to the Boards of Regions Financial Corp. and Regions Bank

Fintech News Desk
by Fintech News Desk0
Mark Crosswhite, Noopur Davis and Tom Hill assume new leadership roles effective July 1. Regions Financial Corp. on Tuesday announced three new members have been appointed to the boards of Regions Financial Corp. and its subsidiary, Regions Bank: Mark Crosswhite, Noopur Davis and J. Thomas (Tom) Hill. With the addition......
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