Search Results for: fraud detection

Sandbar Raises $4.8 Million to Combat Financial Crime with Institutional-Grade Transaction Monitoring Software
News Risk Management

Sandbar Raises $4.8 Million to Combat Financial Crime with Institutional-Grade Transaction Monitoring Software

Fintech News Desk
by Fintech News Desk0
Backed by leaders at Ramp, Stripe, Plaid, Square, OpenAI, and more, the company’s SaaS product identifies suspicious financial behaviors and automates workflows, while mitigating alert fatigue and significantly reducing engineering expenses Sandbar, a provider of anti-money laundering, fraud and counter-terrorism risk detection software, announced the availability of its product and......
Komgo Acquires GTC to Create the World's Largest Platform for Digitalisation of Trade Finance
Finance News Trading

Komgo Acquires GTC to Create the World’s Largest Platform for Digitalisation of Trade Finance

Fintech News Desk
by Fintech News Desk0
GlobalTrade Corporation (GTC) has announced that it has been acquired by Swiss headquartered Komgo. Jointly Komgo and GTC provide trade finance digitalisation solutions to over 120 multinational clients and their 11,000+ subsidiaries, connecting them to their financial institutions and trade service providers on a global basis. “The industry has been......
Digital Payments News

Medius Continues To Build Payments Capability As integration With OnPay Solutions Is Fully Operationalized

Fintech News Desk
by Fintech News Desk0
Medius, a leading provider of AP Automation and wider spend management solutions, today announces the full integration of OnPay Solutions into the Medius platform, providing an end-to-end payments offering for customers in North America. The acquisition of Jacksonville-based OnPay Solutions in March 2022 enables the company to integrate payments into its source-to-pay platform. The......
HSBC and Silent Eight Expand Machine Learning Partnership
Artificial Intelligence Finance News

HSBC and Silent Eight Expand Machine Learning Partnership

Fintech News Desk
by Fintech News Desk0
Silent Eight announced an extension to its existing partnership with HSBC to tackle financial crime. The new service will cover the deployment of Negative News Screening that leverages machine learning to identify individuals who pose a greater risk for money laundering, fraud or terrorist financing. As financial crime continues to......
Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights 1st March 2023
Fintech News

Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights

Fintech Staff Writer
by Fintech Staff Writer0
FTS Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML. We will cover the role of FTS Daily Roundup and its application in various industries and......
Artificial Intelligence Cryptocurrency News

Solidus Labs Unveils Web3 AML Solution, Flagging Close To 200,000 Rug Pulls And Smart Contract Scams That Make Up 8% Of All Ethereum Tokens

Fintech News Desk
by Fintech News Desk0
Crypto market integrity and risk monitoring leader Solidus Labs announced the launch of a new real-time on-chain Threat Intelligence tool, designed to help anti-money laundering (AML) teams proactively and preemptively address one of DeFi and Web3’s biggest challenges – smart contract scams. The solution represents a paradigm shift in DeFi risk......
MUFG Bank Adopts Exabeam Fusion SIEM to Counter Insider Threats
Finance News Security

MUFG Bank Adopts Exabeam Fusion SIEM to Counter Insider Threats

Fintech News Desk
by Fintech News Desk0
Exabeam, a global cybersecurity leader and creator of New-Scale SIEM for advancing security operations, announced that MUFG Bank, Ltd. has adopted Exabeam Fusion SIEM across its nationwide financial group locations and offices. MUFG Bank chose Exabeam Fusion SIEM to establish a normal baseline of activity across its IT infrastructure to......
News Technology

Orange Bank Deploys Real-time Sanctions Screening With Sas And Neterium

Fintech News Desk
by Fintech News Desk0
The volume, velocity and complexity of today’s sanctions screening landscape require extraordinary vigilance, backed by best-of-breed analytics and data orchestration that empower always-on monitoring and immediate action. To meet these modern-day thresholds, Paris-based Orange Bank teamed with SAS and Neterium to achieve real-time sanctions screening in the cloud. “Our newly deployed......
Artificial Intelligence News

Resistant AI and ComplyAdvantage Launch AI Transaction Monitoring Solution

Fintech News Desk
by Fintech News Desk0
Resistant AI, the AI and machine learning financial crime prevention specialists, and ComplyAdvantage, the financial industry’s leading source of AI-driven financial crime risk data and detection technology, announced the general availability of their solution for fighting financial crime across the U.S. and Europe. Financial crime is a multi-trillion-dollar problem. According......
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