Search Results for: financial fraud

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Gen AI and Its Impact on Fraud and Identity Verification

James Bruni
by James Bruni0
By James Bruni, GBG IDology The technology used to combat identity theft and limit fraud is constantly evolving. Unfortunately, bad actors also use emerging technologies to create new opportunities for fraud. Generative AI (Gen AI) has already had a massive impact on the threat landscape and is set to create......
Experian’s 2024 Global Identity & Fraud Report Spotlights Huge Growth in Highly Personalized GenAI-Driven Fraud Attacks
Artificial Intelligence Fintech

Experian’s 2024 Global Identity & Fraud Report Spotlights Huge Growth in Highly Personalized GenAI-Driven Fraud Attacks

Business Wire
by Business Wire0
Businesses Must Employ a Multi-Layered Approach to Fight GenAI Fraud Experian announced its 2024 Global Identity & Fraud Report that provides a comprehensive view of the consumer and business response to the latest fraud patterns and fraud‑mitigation strategies in the worldwide financial services sector. The report offers combined insights from more than 1,000......
FISCAL Technologies and Proservartner Forge Strategic Partnership to Revolutionise Financial Risk Management
Finance Fintech News Risk Management

FISCAL Technologies and Proservartner Forge Strategic Partnership to Revolutionise Financial Risk Management

EIN Presswire
by EIN Presswire0
FISCAL Technologies, a global leader in accounts payable risk management solutions, and Proservartner, a renowned business transformation consultancy, are thrilled to announce a groundbreaking partnership. This collaboration is set to empower organisations with state-of-the-art solutions that enhance financial resilience, optimise working capital, and streamline operations. Uniting FISCAL’s cutting-edge, AI-driven forensic......
Artificial Intelligence Banking Finance Fintech Guest Posts Security

Safe AI Strategy for Community Financial Institutions: Turning Concepts into Action

Saahil Kamath
by Saahil Kamath0
By Saahil Kamath, Head of AI at Eltropy Five Guiding Principles for Responsible AI Adoption in Community Banking Community financial institutions (CFIs) have long been the bedrock of trust in local economies, offering personalized service that big banks often can’t match. Now, as artificial intelligence reshapes the financial sector, these institutions face a pivotal moment. The challenge isn’t just about adopting new technology;......
Equifax and Mastercard Join Forces to Combat Payment Fraud in Latin America
Finance Fintech News Risk Management Security

Equifax and Mastercard Join Forces to Combat Payment Fraud in Latin America

PR Newswire
by PR Newswire0
Mastercard Now Offering Kount Payment Fraud Prevention and Chargeback Mitigation to Payment Providers and Merchants Equifax and Mastercard have joined forces to empower Latin American financial institutions, payment service providers, acquiring banks, and merchants to overcome payment fraud challenges without disruption to the customer experience. Enhanced fraud management tools, including Mastercard Identity, Ethoca Alerts......
Fraudsters Impersonating Banks, Credit Card Companies and Amazon Pose the Greatest Fraud Call Threat Globally, According to Hiya
Banking Finance Fintech News

Fraudsters Impersonating Banks, Credit Card Companies and Amazon Pose the Greatest Fraud Call Threat Globally, According to Hiya

Business Wire
by Business Wire0
In just three months, Hiya reported 9.7 billion calls as suspected spam to its customers Hiya now flags 105 million spam calls on average every day, in the fight against spam and fraud Hiya, the leading voice intelligence platform, reveals that it flagged more than 9.7 billion calls as suspected......
AML RightSource Names Jennie Jonas as Senior Vice President of Financial Crimes Advisory
Fintech News Risk Management

AML RightSource Names Jennie Jonas as Senior Vice President of Financial Crimes Advisory

PR Newswire
by PR Newswire0
Jonas brings 20 years of expertise to AML RightSource’s financial crime leadership in tackling financial crime and regulatory complexities AML RightSource, a global leader in technology-led managed services for financial crime prevention, announced the appointment of Jennie Jonas as Senior Vice President of Financial Crimes Advisory. With over two decades......
Artificial Intelligence B2B B2C Digital Payments Finance Fintech Interviews

Global Fintech Interview with Jon Anderson, Chief Financial Officer, Payouts Network

Paroma Sen
by Paroma Sen0
Jon Anderson, Chief Financial Officer, Payouts Network, (the modern B2C payments platform that transforms consumer experiences) chats with us about the evolving global payments landscape in this fintech catch-up: Hi Jon, tell us about yourself and what you are looking forward to as Payout Network’s new CFO?  I’ve spent the......
Artificial Intelligence Banking Digital Payments Featured Finance Fintech Risk Management Security

Fraud Benchmarking With FinTech

Prajakta Ayade
by Prajakta Ayade0
Fraud has become a growing concern across industries as digital transformation accelerates. Within financial technology (FinTech), the rapid adoption of digital services, APIs, and real-time processing has brought innovation and efficiency while introducing new vulnerabilities to fraud. Fraud benchmarking, a strategic process that evaluates an organization’s fraud management practices against......
Sumsub and Elliptic Team Up to Tackle Crypto Financial Crime
Cryptocurrency Finance Fintech News

Sumsub and Elliptic Team Up to Tackle Crypto Financial Crime

PR Newswire
by PR Newswire0
Sumsub integrates Elliptic’s blockchain analytics to enhance crypto wallet screenings and risk assessment capabilities for clients Sumsub, a full-cycle verification platform, has announced its integration with Elliptic, the global leader in cryptoasset risk management. This partnership enhances Sumsub’s Crypto Transaction Monitoring and Travel Rule solutions, offering global clients enhanced capabilities to screen......
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