Search Results for: fraud detection

Innovating Security: How FinVolution is Taking Next-Generation Technologies to Fight Deepfake-Driven Financial Crimes
Artificial Intelligence News

Innovating Security: How FinVolution is Taking Next-Generation Technologies to Fight Deepfake-Driven Financial Crimes

PR Newswire
by PR Newswire0
Deepfake technology, an artificial intelligence tool capable of generating convincingly fake audio and video, is increasingly being used to perpetrate financial crimes worldwide, raising serious concerns about sophisticated fraud. In a notable incident reported by CNN earlier this year, a finance worker was tricked into transferring $25 million during a video call with......
Banking Cryptocurrency Finance Fintech Guest Posts Risk Management Security

Future-Proofing Your Fintech: Essential Strategies for Mitigating Risk

Wil Hamory
by Wil Hamory0
By: Wil Hamory, Fintech Lead at Founder Shield The rise in cyber attacks is a harsh reality: the promised land of fintech is getting a whole lot more dangerous. For fintech leaders looking to scale their business, it takes more than just innovation and a good market fit to navigate this......
Cyber Security in BFSI Market Surges as Financial Institutions Brace for Digital Threats
Banking News Security

Cyber Security in BFSI Market Surges as Financial Institutions Brace for Digital Threats

EIN Presswire
by EIN Presswire0
Surge in threats in the BFSI sector propel the global cyber security in BFSI market. According to the report, the global cybersecurity in banking market generated $74.3 billion in 2022, and is anticipated to generate $ 282 billion by 2032, rising at a CAGR of 14.4% from 2023 to 2032.......
Personable Inc. Launches ScanWriter AI Edition to Revolutionize Financial Investigations
Artificial Intelligence Finance Fintech News

Personable Inc. Launches ScanWriter AI Edition to Revolutionize Financial Investigations

Business Wire
by Business Wire0
Personable Inc., a leading provider of innovative solutions designed to automate manual workflows, today announced the commercial availability of ScanWriter AI Edition. This cutting-edge tool harnesses artificial intelligence (AI) technology to transform the efficiency, accuracy, and effectiveness of financial investigations conducted by federal, state, and local government agencies, financial services organizations, as well......
Incode Joins Global FinTech Alliance, Expands to Europe to Boost Digital Security.
News Security

Incode Joins Global FinTech Alliance, Expands to Europe to Boost Digital Security.

PR Newswire
by PR Newswire0
The Global FinTech Alliance, an initiative established in Madrid, serves as a nexus for the global digital finance industry. The alliance, driven from Spain, marks a milestone in regional cooperation to promote best practices and fintech innovation.   The company seeks to enhance cybersecurity by facilitating transactions that are safer, faster, and more......
Medius and SourceDay Join Forces to Revolutionize Procure-to-Pay Operations
Cloud Fintech News

Medius and SourceDay Join Forces to Revolutionize Procure-to-Pay Operations

PR Newswire
by PR Newswire0
Medius, a leading global provider of cloud-based accounts payable (AP) automation and spend management solutions, and SourceDay, a leading supply chain collaboration platform transforming procurement, have announced their official partnership. The collaboration brings unparalleled operational efficiency and control to the Procure-to-Pay (P2P) cycle for discrete manufacturers and distributors worldwide. By combining......
Exploring Blockchain Technology
Blockchain Featured Fintech

Exploring Blockchain Technology 

Prajakta Ayade
by Prajakta Ayade0
Blockchain technology, the fundamental idea behind cryptocurrencies like Bitcoin, is changing many industries. Initially conceptualized as a decentralized ledger system to facilitate secure digital transactions, its applications have expanded far beyond finance. Blockchain technology has emerged as a revolutionary force, disrupting traditional systems and bringing in a new era of......
Allure Security Closes $10 Million Series A to Help Companies Protect Their Brands Online
News Security

Allure Security Closes $10 Million Series A to Help Companies Protect Their Brands Online

PR Newswire
by PR Newswire0
Allure Security will use this funding to grow its research and development team, expand its go-to-market function, and extend its leadership position. The leader in online brand protection-as-a-service Allure Security announced the completion of a $10 million Series A funding round. Curql, a fintech strategic investment capital firm, led the round joined by......
Sandbox Banking Partners with Plaid to Strengthen Identity Verification and Elevate Banking Solutions
Banking News

Sandbox Banking Partners with Plaid to Strengthen Identity Verification and Elevate Banking Solutions

PR Newswire
by PR Newswire0
Sandbox Banking, a trailblazing provider of banking automation solutions that accelerate digital transformation through their Integration Platform as a Service (IPaaS), Glyue, and Plaid, a data network powering the digital financial ecosystem, have announced a partnership that strengthens automated identity verification, addressing key challenges in the financial industry. Sandbox Banking’s consumer-centric......
Fortress Payments
Finance Fintech News

Fortress Payments Partners With Paravision

Fintech News Desk
by Fintech News Desk0
The collaboration integrates Paravision’s advanced face matching and liveness technology into Fortress Payments’ enterprise-ready platform, offering users a frictionless onboarding and biometric checkout experience. Fortress Payments, a fintech company specialising in credit card issuing and acquiring, today announced its partnership with Paravision, a firm in trusted Vision AI software, to......
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