Search Results for: fraud detection

Pidgin Partners with Effectiv to Help Financial Institutions Mitigate Transaction Fraud
Digital Payments News

Pidgin Partners with Effectiv to Help Financial Institutions Mitigate Transaction Fraud

Business Wire
by Business Wire0
Pidgin, a secure, real-time payments platform built for the future of payments, has partnered with Effectiv, a fraud-fighting and compliance automation platform to help financial institutions monitor transactions to detect and prevent payments fraud in real time. “As adoption of faster payments grows, many financial institutions are concerned about the implications......
DataVisor’s Innovation in Advanced Decision Flow Capabilities is a Major Step Toward More Effective Real-Time Fraud Management
Cloud Digital Payments News

DataVisor’s Innovation in Advanced Decision Flow Capabilities is a Major Step Toward More Effective Real-Time Fraud Management

PR Newswire
by PR Newswire0
Advanced real-time data orchestration capabilities enable flexible decisioning workflows for organizations to advance their detection capabilities for new use cases, including RTP, while reducing the cost of data and improving the customer experience Due in part to the long-awaited release of the Federal Reserve’s FedNow network, 2023 will be a......
Helix Partners with Unit21 to Offer Comprehensive Fraud and Risk Management Solution for Fintechs
Fintech News Risk Management

Helix Partners with Unit21 to Offer Comprehensive Fraud and Risk Management Solution for Fintechs

Business Wire
by Business Wire0
Partnership allows Helix Banking-as-a-Service customers to access Unit21’s pre-integrated infrastructure to effectively monitor and prevent fraudulent activity Helix by Q2, an award-winning, cloud-native core purpose-built for Banking-as-a-Service (BaaS), announced a new partnership with Unit21 to provide customers with Unit21’s fraud detection and investigation infrastructure, which identifies and prevents suspicious activity......
FICO Round Table Discusses Approaches to Sharp Rise in Scams and Authorised Push Payment Fraud
Digital Payments News

FICO Round Table Discusses Approaches to Sharp Rise in Scams and Authorised Push Payment Fraud

Fintech News Desk
by Fintech News Desk0
FICO event on 8 February will gather industry experts to discuss what must be done across the payments ecosystem to stem losses from fraud scams In 2021, UK losses to authorised push payment (APP) scams reached £583.2 million. This 39 percent year-on-year increase in losses shows how inventive and active......
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......
Mercury Cash Enhances Its Detection and Investigation Process for Digital Assets Through Clain
Cryptocurrency Digital Asset Management News

Mercury Cash Enhances Its Detection and Investigation Process for Digital Assets Through Clain

Fintech News Desk
by Fintech News Desk0
Clain helps crypto financial institution meet regulatory requirements while offering a secure, streamlined experience from prescreening to ongoing monitoring Clain, an industry-leading provider of crypto compliance solutions, announced that it has partnered with Mercury Cash. Clain is going to help the global cash and crypto management solution screen potential customers, monitor their activity across......
NICE Actimize Chosen to Provide Cloud-Based AML and Anti-Fraud Financial Crime Platform
Artificial Intelligence Cloud News

NICE Actimize Chosen to Provide Cloud-Based AML and Anti-Fraud Financial Crime Platform

Fintech News Desk
by Fintech News Desk0
NICE Actimize’s Data IQ Clarify SaaS workflow solution will also be used to facilitate compliance with KYC/Anti-Money Laundering requirements NICE Actimize, a NICE business, announced that its AI and cloud-based Essentials anti-money laundering and anti-fraud solutions have been chosen by Target Group, a UK-based provider of business process outsourcing and operational transformation services. Target Group’s......
Fintech News

Unit21 Launches Fintech Fraud Dao To Combat Financial Crime With Brex, Chime And Primetrust As Early Customers

Fintech News Desk
by Fintech News Desk0
Unit21 and other members of the U.S. consumer fintech community have come together to launch the Fintech Fraud Decentralized Autonomous Organization (DAO), a decentralized network that uses a collaborative data-sharing approach to identify and combat fraud. “I look forward to further advising and growing this initiative.” Participating fintechs include Brex,......
Analysis of Potential Impact of Global Economic Recession on Financial Frauds
Analytics Banking Featured

Analysis of Potential Impact of Global Economic Recession on Financial Frauds

Sudipto Ghosh
by Sudipto Ghosh0
Feeble growth accompanied by uncertain developments have led us into another economic recession. Just when the world was recovering from the Post-COVID damages, new kinds of challenges emerged to push back economic revival. Following a tumultuous few years, economies around the world are bracing themselves for a possible recession. With......
Rippleshot Announces Partnership with Risk Intelligence Leader Flashpoint to More Proactively Combat Card Fraud for Financial Institutions
Digital Payments News

Rippleshot Announces Partnership with Risk Intelligence Leader Flashpoint to More Proactively Combat Card Fraud for Financial Institutions

Fintech News Desk
by Fintech News Desk0
Flashpoint Intelligence Platform further expands its card fraud mitigation solutions by implementing Rippleshot’s high-risk merchant data Rippleshot, a provider of proactive fraud detection and prevention solutions to payment processors and financial institutions, announced today a partnership with Flashpoint, the globally trusted leader in actionable intelligence, to pair Rippleshot’s compromised and high-risk......
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