Search Results for: fraud detection

IDenfy-adds-behavioural-fraud-monitoring-from-Manu-to-ID-verification-tool
Artificial Intelligence Business Fintech News Risk Management

IDenfy Adds Behavioural Fraud Monitoring From Manu to ID Verification Tool

Fintech News Desk
by Fintech News Desk0
iDenfy, an AI-powered ID verification company, and Manu, a behavioural analytics organization from Lithuania, have signed a strategic partnership. It allows iDenfy to offer an AI model developed by Manu that evaluates customer characteristics during the application process. This additional feature will help detect potential fraud or save on external......
Experian’s Future of Fraud Forecast Reveals Threats Facing Businesses in 2021 and Beyond
Business News Risk Management

Experian’s Future of Fraud Forecast Reveals Threats Facing Businesses in 2021 and Beyond

Fintech News Desk
by Fintech News Desk0
The five fraud predictions include emerging digital dangers and automated attacks expected in the new year With the growing threat of fraud fueled by the digital acceleration that took place in 2020, Experian today released its 2021 Future of Fraud Forecast that reveals five emerging fraud threats facing businesses. Read......
ID Insight Launches Financial Institution Fraud Investigation Network(SM)
Fintech News Risk Management

ID Insight Launches Financial Institution Fraud Investigation Network(SM)

Fintech News Desk
by Fintech News Desk0
New network applies technology to facilitate unprecedented and automatic collaboration between investigators across the country to keep fraud out of the banking system Organized fraud rings are growing more sophisticated, sharing technology, data and insights designed to defraud financial institutions. And now – on the heels of FinCEN encouraging banks......
Global New Account Fraud Decreased 23% in 2020, According to Jumio's Holiday Fraud Report
Artificial Intelligence Fintech News

Global New Account Fraud Decreased 23% in 2020, According to Jumio’s Holiday Fraud Report

Fintech News Desk
by Fintech News Desk0
New data from Jumio, the leading provider of AI-powered end-to-end identity verification and eKYC solutions, reveals that new account fraud based on ID verification declined 23.2% worldwide YOY in 2020, compared to 2019 results. At the same time, selfie-based fraud rates were five times higher than ID-based fraud. This illustrates the......
While Global New Account Fraud Rates Fell by 23% in 2020, Fraud Rates in the UK Climbed 28%
Artificial Intelligence Fintech News

While Global New Account Fraud Rates Fell by 23% in 2020, Fraud Rates in the UK Climbed 28%

Fintech News Desk
by Fintech News Desk0
New data from Jumio, the leading provider of AI-powered end-to-end identity verification and eKYC solutions, reveals that new account fraud based on ID verification increased 28% in the UK YOY for 2020, while the global average fell 23% compared to 2019 levels. At the same time, selfie-based fraud rates were nearly......
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NewDay Scores With TigerGraph Cloud to Fight Financial Fraud

Fintech News Desk
by Fintech News Desk0
TigerGraph, the only scalable graph database for the enterprise, today announced that NewDay, a leading specialist financial services provider and one of the largest issuers of credit cards in the UK, will use TigerGraph’s advanced graph analytics to prevent and preempt financial fraud. NewDay, with TigerGraph, will transform how the company......
Fintech News Risk Management

Play Digital Selects Featurespace to Defend Against Payments Fraud on Newly Launched Platform

Fintech News Desk
by Fintech News Desk0
Featurespace™, the leading provider of Enterprise Financial Crime prevention software, announced that Play Digital, the new fintech created by Santander, Galicia and BBVA, has chosen its ARIC™ Risk Hub to protect its new payments platform MODO from fraud. This is a new digital payment solution endorsed by more than 30 public, private and......
Fintech Mobile Banking News

Raise Marketplace LLC Launches Fraud Prevention Solution rZero to Help Corporations Fight Digital Fraud

Fintech News Desk
by Fintech News Desk0
Raise Marketplace LLC, the leading mobile payments and prepaid gift card company, today announced the launch of rZero (pronounced “R zero”), a new risk minimization service that prevents digital fraud including account takeover, fraudulent accounts and payment transaction fraud, protecting corporations from potential losses due to counterfeit activity. As more payment systems......
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Smart Engines Has Launched Document Liveness Detection For Id Documents Scanning

Fintech News Desk
by Fintech News Desk0
Smart Engines introduced AI-based software for document liveness detection to provide a new level of privacy protection and security against fraud. New technology supplements solutions for ID documents scanning in mobile applications and web services. It offers to check an authenticity of IDs for user onboarding and protect user and......
Shift Technology Analyzes Fraud, Waste, and Abuse Trends Impacting the Global Health Insurance Industry
Fintech InsurTech News

Shift Technology Analyzes Fraud, Waste, and Abuse Trends Impacting the Global Health Insurance Industry

Fintech News Desk
by Fintech News Desk0
Shift Technology, a provider of AI-native fraud detection and claims automation solutions for the global insurance industry today published its latest analysis of the fraud trends being faced across the insurance industry. In Shift Technology Fraud Insights Vol. 2: November 2020, the company focuses in on the schemes driving Fraud, Waste, and......
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