Search Results for: fraud detection

Darwinium Hires Fintech Industry Standouts Peng Leong and Paul Cloutier as CFO and VP of Sales, Americas
Fintech News Security

Darwinium Hires Fintech Industry Standouts Peng Leong and Paul Cloutier as CFO and VP of Sales, Americas

GlobeNewswire
by GlobeNewswire0
Executive growth reinforces expansion of Darwinium’s leading-edge cyberfraud prevention platform across American and global markets Darwinium, a leader in next-generation digital security and fraud prevention, announces the appointment of Peng Leong as Chief Financial Officer and Paul Cloutier as Vice President of Sales, Americas. These strategic additions to Darwinum’s leadership......
Half of Executives Expect More Deepfake Attacks on Financial and Accounting Data in Year Ahead
Artificial Intelligence Finance Security

Half of Executives Expect More Deepfake Attacks on Financial and Accounting Data in Year Ahead

PR Newswire
by PR Newswire0
Over half of C-suite and other executives (51.6%) expect an increase in the number and size of deepfake attacks targeting their organizations’ financial and accounting data – otherwise known as deepfake financial fraud – during the next 12 months, according to a new Deloitte poll. That increase could impact more than one-quarter of......
MindBridge Releases New AI Innovations to Combat Escalating Financial Risks
Artificial Intelligence Fintech News Risk Management

MindBridge Releases New AI Innovations to Combat Escalating Financial Risks

PR Newswire
by PR Newswire0
New platform features equip finance professionals and internal and external auditors with advanced AI tools to detect anomalies, ensure compliance, and strengthen risk management MindBridge, the leading AI-powered financial risk intelligence platform, is announcing significant enhancements to its MindBridge AI platform at The MindBridge Conference. These improvements come as MindBridge......
Zimperium Identifies Coordinated Mobile Malware Campaign Targeting Banking Apps Worldwide
Banking Mobile Banking News Security

Zimperium Identifies Coordinated Mobile Malware Campaign Targeting Banking Apps Worldwide

PR Newswire
by PR Newswire0
What: Zimperium, the global leader in mobile security, has uncovered new, critical insights into the Gigabud malware campaign, linking it to the notorious Spynote Android RAT. First reported by Cyble in August 2024, Zimperium’s zLabs investigation reveals that this well-coordinated global campaign leverages phishing websites with intent to install malicious mobile apps from......
Banking Digital Payments Featured Finance Fintech Security

Cybersecurity in FinTech: Protecting The Future of Digital Financial Services

Prajakta Ayade
by Prajakta Ayade0
Cybersecurity has emerged as a critical concern today. Ensuring the security of digital financial services is paramount to maintaining customer trust and safeguarding sensitive data. Recently authID and FinClusive joined forces to integrate next-gen biometric and financial crimes compliance solutions, significantly boosting identity management’s security. This partnership enhances identity verification,......
AML/KYC Compliance AI-Focused Firm Axle Automation Raises $2.5M Led by Diagram Ventures
Artificial Intelligence Compliance management News

AML/KYC Compliance AI-Focused Firm Axle Automation Raises $2.5M Led by Diagram Ventures

Business Wire
by Business Wire0
Axle Automation, Inc. (“Axle” or “Company”), a trailblazing provider of AI-powered solutions for compliance teams, proudly announces the successful close of its seed funding round. The Company will use the $2.5M to scale the team and optimize and supercharge compliance teams at fintechs, banks, and other financial institutions. Led by......
authID and FinClusive Partner to Integrate Next-Gen Biometric and Financial Crimes Compliance Solutions, Enabling Robust Identity Management
Finance Fintech News Risk Management Security

authID and FinClusive Partner to Integrate Next-Gen Biometric and Financial Crimes Compliance Solutions, Enabling Robust Identity Management

EIN Presswire
by EIN Presswire0
Partnership sets new standards in compliance and security, while delivering the fastest, most seamless, and accurate user identity experience available authID Inc. [Nasdaq: AUID], a leading provider of innovative biometric identity verification and authentication solutions, and FinClusive Capital, Inc. (FinClusive), a global provider of comprehensive financial crimes compliance (FCC) and......
Featured Finance Fintech Risk Management Security

Top Insider Threats Facing FinTech Companies and How to Mitigate Them

Fintech Staff Writer
by Fintech Staff Writer0
The FinTech industry, blending finance with technology, has revolutionized how financial services are delivered. However, with innovation comes new risks, and insider threats have emerged as a significant concern. Insider threats, originating from current or former employees, contractors, or business partners, can cause severe damage. These threats are particularly challenging......
Financial Institutions Struggle to Meet Customer Expectations in Fighting Authorized Transfer Scams, LexisNexis Risk Solutions Study Finds
Fintech News

Financial Institutions Struggle to Meet Customer Expectations in Fighting Authorized Transfer Scams, LexisNexis Risk Solutions Study Finds

PR Newswire
by PR Newswire0
Only 50% of organizations have confidence in their ability to stop scammers. Sixty-nine percent (69%) find it difficult to break a victim’s belief or trust in a scammer. Just four percent (4%) of FIs can alert customers to scams involving impersonation of financial services employees within 24 hours. LexisNexis Risk......
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