Search Results for: fraud prevention

Fintech News

Unit21 Launches Fintech Fraud Dao To Combat Financial Crime With Brex, Chime And Primetrust As Early Customers

Fintech News Desk
by Fintech News Desk0
Unit21 and other members of the U.S. consumer fintech community have come together to launch the Fintech Fraud Decentralized Autonomous Organization (DAO), a decentralized network that uses a collaborative data-sharing approach to identify and combat fraud. “I look forward to further advising and growing this initiative.” Participating fintechs include Brex,......
Analysis of Potential Impact of Global Economic Recession on Financial Frauds
Analytics Banking Featured

Analysis of Potential Impact of Global Economic Recession on Financial Frauds

Sudipto Ghosh
by Sudipto Ghosh0
Feeble growth accompanied by uncertain developments have led us into another economic recession. Just when the world was recovering from the Post-COVID damages, new kinds of challenges emerged to push back economic revival. Following a tumultuous few years, economies around the world are bracing themselves for a possible recession. With......
Rippleshot Announces Partnership with Risk Intelligence Leader Flashpoint to More Proactively Combat Card Fraud for Financial Institutions
Digital Payments News

Rippleshot Announces Partnership with Risk Intelligence Leader Flashpoint to More Proactively Combat Card Fraud for Financial Institutions

Fintech News Desk
by Fintech News Desk0
Flashpoint Intelligence Platform further expands its card fraud mitigation solutions by implementing Rippleshot’s high-risk merchant data Rippleshot, a provider of proactive fraud detection and prevention solutions to payment processors and financial institutions, announced today a partnership with Flashpoint, the globally trusted leader in actionable intelligence, to pair Rippleshot’s compromised and high-risk......
Eximbay Strengthens Cross-Border eCommerce Fraud Management with ACI Worldwide
Digital Payments News

Eximbay Strengthens Cross-Border eCommerce Fraud Management with ACI Worldwide

Fintech News Desk
by Fintech News Desk0
ACI Worldwide, the global leader in mission-critical, real-time payments software, announced that Eximbay, South Korea’s leading overseas payment services provider (PSP), has added ACI Fraud Management for Merchants real-time fraud prevention solution to its payment services capabilities. “ACI has helped us deliver more secure international business expansion for our merchant customers, as......
Will Retailers Pay Later for BNPL Fraud?
Compliance management Digital Payments Fintech Primers

Will Retailers Pay Later for BNPL Fraud?

Jimmy Fong
by Jimmy Fong0
Buy Now, Pay Later (BNPL) companies are more popular than ever, having quickly become a $100bn industry in the past few years. This rise has attracted more users, companies and investors to the sector. Sadly, fraudsters always follow the money, which has sadly made the industry a target. Now, in......
ClearSale Launches Initiative For More Inclusive Fraud Science Terminology
E-commerce News Security

ClearSale Launches Initiative For More Inclusive Fraud Science Terminology

Fintech News Desk
by Fintech News Desk0
Industry leader advocates for diversity, equity, and inclusion in the fraud-prevention conversation ecommerce fraud protection leader ClearSale is pleased to announce its new internal initiative to make ecommerce fraud prevention terms more inclusive. The company, whose 1,500-plus employees protect over 5,000 companies in more than 160 countries, knows that providing the......
Juniper Research Online Payment Fraud Losses to Exceed $343 Billion Globally Over the Next 5 Years, Juniper Research Study Finds
Digital Payments News

Juniper Research Online Payment Fraud Losses to Exceed $343 Billion Globally Over the Next 5 Years, Juniper Research Study Finds

Fintech News Desk
by Fintech News Desk0
Juniper Research has found cumulative merchant losses to online payment fraud globally between 2023 and 2027 will exceed $343 billion. As a comparison, this equates to over 350% of Apple’s reported net income in the 2021 fiscal year; showing the massive extent of these losses. Latest Fintech News: Sphere 3D Corp. Provides......
FIS Increases Approval Rates and Decreases eCommerce Fraud Liability for Merchants with Guaranteed Payments
E-commerce News

FIS Increases Approval Rates and Decreases eCommerce Fraud Liability for Merchants with Guaranteed Payments

Fintech News Desk
by Fintech News Desk0
Financial technology leader FIS announced the launch of its Guaranteed Payments solution, becoming the only payments processor to offer a fully integrated solution designed to guarantee merchants increased eCommerce transaction approval rates and eliminate the financial liability of chargebacks due to fraudulent purchases. Latest Fintech News: Outsourced Investment Firms Totaling Nearly $160......
Carahsoft Announces Okta and LexisNexis Risk Solutions Alliance to Fight Cyber Fraud
Digital Payments News Security

Carahsoft Announces Okta and LexisNexis Risk Solutions Alliance to Fight Cyber Fraud

Fintech News Desk
by Fintech News Desk0
Modern Identity Proofing and Strong Authentication Blocks Identity Theft, Account Takeovers, and Fraudulent Payments Carahsoft Technology Corp., The Trusted Government IT Solutions Provider announced an alliance with identity authentication providers Okta and LexisNexis Risk Solutions to help government fight cyber fraud. The alliance provides state and local governments with a......
1