Search Results for: fraud prevention

BioCatch Releases 2024 Digital Banking Fraud Trends in EMEA
Banking News

BioCatch Releases 2024 Digital Banking Fraud Trends in EMEA

Fintech News Desk
by Fintech News Desk0
Study reveals rise in social engineering scams and theft of devices as scammers adapt and innovate tactics – incorporating AI to target individuals. In a report released by BioCatch – the global platform in digital fraud detection and financial crime prevention powered by behavioral biometric intelligence – published findings showing......
"Sumsub Released Fraud Prevention Solution "
Fintech News

Research Exposes Every 100th User of Online Services Involved in Fraud Network

PR Newswire
by PR Newswire0
According to Sumsub’s internal research, every 100th user of a digital platform or service globally was a member of a fraud ring in 2023. Research by Sumsub, a leading global verification platform with 1B+ identities database, shows an alarming surge of fraud networks across multiple regions. The company discovered the trend prior to......
FICO UK
Banking Digital Payments Fintech News

FICO UK Released the Fraud, Identity, and Digital Banking Consumer Survey 2023

Fintech News Desk
by Fintech News Desk0
Fraud protection was cited as the highest priority for individuals when choosing a provider for a new financial account. A new study- Fraud, Identity, and Digital Banking Consumer Survey 2023 – United Kingdom of 1,000 UK consumers by global analytics software FICO has highlighted the customer acquisition and retention advantages......
"Simplici.io Announced the Launch of Simplici Defense"
Digital Payments News

Simplici Defense: 99.9% Effective Peer-to-Peer Payment Fraud Solution

PR Newswire
by PR Newswire0
With the rise of peer-to-peer imposter payment fraud surging to $2.6 billion in losses in 2022 and climbing ever higher in 2023, Simplici Defense stands as a powerful safeguard by utilising advanced biometric verification to authenticate both the sender and receiver. Simplici.io, a leading innovator in financial security solutions, is......
New Study Reveals Alarming Surge in Synthetic Fraud Rates and Growing Concerns over AI Impact
Artificial Intelligence Fintech News

New Study Reveals Alarming Surge in Synthetic Fraud Rates and Growing Concerns over AI Impact

PR Newswire
by PR Newswire0
Results show synthetic fraud cases rising by 17% over the past two years, driven by AI-generated identities. Deduce, the only patented technology platform designed to prevent AI-generated identity fraud, in association with Wakefield Research, today released a study showing alarming trends in synthetic fraud growth. The study, which polled 500 fraud and risk professionals at financial services and fintech companies......
Socure Launches the Industry's Most Accurate Synthetic Fraud Solution
Artificial Intelligence Fintech News

Socure Launches the Industry’s Most Accurate Synthetic Fraud Solution

PR Newswire
by PR Newswire0
Sigma Synthetic Fraud v4 Includes “Proof of Life” Data Sources, Adding a New Level of Accuracy that Stops the Fraud Before it Can Enter the Digital Economy Socure, the leading provider of Artificial Intelligence for digital identity verification, fraud prevention, and sanctions screening has launched Sigma Synthetic Fraud v4. The product uses advanced machine learning and diverse, third-party and network......
Signifyd Deepens Its Partnership with Adobe by Integrating Guaranteed Fraud Protection into Payment Services for Adobe Commerce
Finance Fintech News

Signifyd Deepens Its Partnership with Adobe by Integrating Guaranteed Fraud Protection into Payment Services for Adobe Commerce

Business Wire
by Business Wire0
The expanded partnership extends seamless protection against all manner of chargebacks by integrating Signifyd with Payment Services for Adobe Commerce to power frictionless checkout, higher conversion and increased customer lifetime value Signifyd is launching a new era of payment protection today by integrating its Commerce Protection Platform with Payment Services......
Bit Builders Delivers Turnkey Check Fraud Detection Solution with OrboGraph
Banking News

Bit Builders Delivers Turnkey Check Fraud Detection Solution with OrboGraph

PR Newswire
by PR Newswire0
Integration of OrboGraph’s OrboAnywhere Fraud Module with Bit Builders’ NextGen Digital Banking offers a stand-alone platform Bit Builders Inc., creators of the NextGen Digital Banking platform, announced its business partnership with OrboGraph, a global leader in check and payment processing automation. The collaboration provides an industry-leading platform financial institutions can leverage to......
Deduce Raises $9 Million to Tackle AI-Generated Identity Fraud
Artificial Intelligence Fintech News

Deduce Raises $9 Million to Tackle AI-Generated Identity Fraud

Business Wire
by Business Wire0
Cybersecurity Company Leverages Activity-Backed Intelligence to Thwart AI-Generated Identity Fraud Deduce, the only patented technology platform designed to prevent AI-generated identity fraud, announced $9M in funding led by Freestyle Capital, with additional investment by Foundry and True Ventures. The funding will launch Deduce’s GenAI Identity fraud solution out of stealth......
Bit Builders, Delivers Turnkey Image Fraud Detection with OrboGraph
Banking Digital Payments News

Bit Builders, Delivers Turnkey Image Fraud Detection with OrboGraph

Business Wire
by Business Wire0
Integration of OrboGraph’s OrboAnywhere Fraud Module with Bit Builders’ NextGen Digital Banking offers stand-alone platform OrboGraph, a global leader in check and payment processing automation, has proudly announced a business partnership with Bit Builders, creators of the NextGen Digital Banking platform. The collaboration provides an industry-leading platform financial institutions can......
1