Search Results for: fraud prevention

Top 10 Crucial FinTech Trends for 2023 You Must Know
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Top 10 Crucial FinTech Trends for 2023 You Must Know

Sameer Danave
In 2022, digital transformation has led to an accelerated pace of innovation, especially within emerging economies. The FinTech industry looks more focused on its plans to optimize customer success indexes, streamline transactions across omnichannel, and secure its fraud mitigation capabilities with the help of AI & machine learning. The year......
Banking Fintech Markets News

Unicorn Alloy, A US fintech Launches In UK

Fintech Staff Writer
Fraud is a more serious threat than ever before: 91% of financial institutions said that fraud has increased year-on-year, and 71% increased their spending on fraud prevention, according to recent Alloy data. In the UK alone, bank fraud cost consumers almost £610M in the first half of 2022. With Alloy,......
Shufti Pro Launches Risk Assessment & eIDV Solutions to Enable More Reliable Customer Verification
Finance Fintech News

Shufti Pro Launches Risk Assessment & eIDV Solutions to Enable More Reliable Customer Verification

Fintech News Desk
Pioneer of first-ever on-premises IDV solutions, Shufti Pro, has announced the launch of its risk assessment and eIDV services to help global businesses fight identity fraud and financial crimes, and meet the ever-evolving KYC/AML regulatory landscape. “We are dedicated to providing solutions that address the changing needs of our global clientele and the wider general market......
Consumer Optimism Remains Strong Despite Economic Headwinds, Per 2022 Holiday Spending Report From ACI Worldwide
Digital Payments E-commerce News

Consumer Optimism Remains Strong Despite Economic Headwinds, Per 2022 Holiday Spending Report From ACI Worldwide

Fintech News Desk
Annual ACI Holiday Spending Report reveals surge in use of mobile devices, digital wallets and buy now, pay later (BNPL) payment methods during 2022 holiday season, as shoppers sought out cheaper, more convenient alternatives Despite a challenging economic environment, the 2022 holiday shopping season exceeded projections, according to eCommerce intelligence......
Hawk AI Accelerates Global Expansion With $17 Million Series B
Artificial Intelligence News

Hawk AI Accelerates Global Expansion With $17 Million Series B

Fintech News Desk
Hawk AI, Germany’s leading provider of anti-money laundering (AML) and fraud prevention technology for banks and payment companies, announced $17M in Series B financing to accelerate product development and global expansion. The funding round was led by Sands Capital from Washington D.C., with participation from new and existing investors, including......
90% of Finance Leaders Reveal Interest Rates Are No. 1 Driver of Banking Business Model Changes
Analytics Business Finance News

90 Percent of Finance Leaders Reveal Interest Rates Are No. 1 Driver of Banking Business Model Changes

Fintech News Desk
Syntellis Performance Solutions, the leading provider of enterprise performance management software, data, and intelligence solutions,  published its seventh annual CFO Outlook for Financial Institutions revealing that 90% of finance professionals at banks, credit unions, and other financial services institutions anticipate interest rate changes will be the biggest driver of business model adjustments......
Mastercard and Citizens Financial Group Announce Exclusive Payments Partnership
Banking Digital Payments News

Mastercard and Citizens Financial Group Announce Exclusive Payments Partnership

Fintech News Desk
Mastercard and Citizens announced an expanded partnership, making Mastercard the exclusive payments network across Citizens’ credit, debit and commercial portfolios, as well as services provider in the U.S. With shared values and vision, Citizens and Mastercard are united in the goal to provide access, inclusion and innovation to the communities......
Signifyd and commercetools Partner in First-Ever Dynamic Exemption Management Offering
Commerce News

Signifyd and commercetools Partner in First-Ever Dynamic Exemption Management Offering

Fintech News Desk
Enabling fearless conversions for retailers worldwide commerce protection provider Signifyd launched the first plug-in with built-in dynamic exemption for SCA management alongside commercetools, the pioneer and leader in composable commerce. The Signifyd Commerce Protection Platform is now available on the commercetools Integration Marketplace enabling merchants globally to authorise more transactions without fear of financial loss.......
Dock Launches a Revolutionary New Platform For Integrated Banking and Payments Solutions
Cloud Fintech News

Dock Launches a Revolutionary New Platform For Integrated Banking and Payments Solutions

Fintech News Desk
Dock One, Dock’s new scalable, composable and unified platform, will allow customers to expand financial services to Latin America through a single API Dock, an innovator in financial technology infrastructure across Latin America, has launched Dock One, an integrated cloud-based platform for banking and payments that allows companies to easily scale business operations......
ChicMe Chooses Forter to Optimize Customer Experience and Support New Market Expansion
Commerce News

ChicMe Chooses Forter to Optimize Customer Experience and Support New Market Expansion

Fintech News Desk
ChicMe Chooses Forter to Optimize Customer Experience and Support New Market Expansion Forter, the Trust Platform for digital commerce, announced that ChicMe, a leading online women’s fashion brand, selected Forter to support its global expansion by improving payment processing, reducing fraud and increasing order fulfillment efficiency. As a result of......
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