Search Results for: fraud prevention

Oscilar Launches Groundbreaking AI-Powered ACH Fraud Detection Solution Amidst Rapid Growth in ACH Transactions
Artificial Intelligence Fintech News

Oscilar Launches Groundbreaking AI-Powered ACH Fraud Detection Solution Amidst Rapid Growth in ACH Transactions

PR Newswire
by PR Newswire0
Oscilar, a leading provider of cutting-edge risk technology solutions to fintechs and financial institutions, today announced the release of its state-of-the-art AI-powered ACH Fraud Detection product. The solution identifies and prevents fraudulent transactions with unparalleled speed and accuracy by leveraging advanced machine learning algorithms, generative AI techniques, and real-time data......
Swift-and-Global-Banks-Launch-AI-Pilots-to-Tackle-Cross-Border-Payments-Fraud
Artificial Intelligence Finance Fintech News

Swift and Global Banks Launch AI Pilots to Tackle Cross-Border Payments Fraud

Business Wire
by Business Wire0
The cooperative has convened financial institutions for two pilots that will use AI to enhance fraud detection in cross-border payments Swift is using its unique role to bring the finance industry together to improve anti-fraud capabilities by using leading AI technology AI could help the payments industry save billions in......
Enhanced Experian Ascend Technology Platform Transforms Software for Credit, Fraud and Analytics
Finance Fintech News

Enhanced Experian Ascend Technology Platform Transforms Software for Credit, Fraud and Analytics

Business Wire
by Business Wire0
First-of-its-kind platform now integrates Experian’s market-leading data, generative AI and cutting-edge machine learning solutions into one unified interface As companies around the globe grapple with an accelerated pace of change and seek ways to optimize their businesses, Experian is ushering in a new era of simplification, scalability and automation through......
Advanced Fraud Solutions Targets Image Alteration with New Payee Positive Pay Feature
Finance Fintech News

Advanced Fraud Solutions Targets Image Alteration with New Payee Positive Pay Feature

PR Newswire
by PR Newswire0
Advanced Fraud Solutions (AFS) today announced a significant enhancement to its fraud prevention platform, Positive Pay by AFS, aimed specifically at protecting financial institutions’ business accounts and individual account holders. The enhancement, Payee Positive Pay, introduces image capture technology to verify payee names. Despite broader trends towards digital payment methods, check fraud remains a critical concern......
BioCatch Releases Inaugural Annual Report on AI's Impact on Digital Fraud and Financial Crime
Finance Fintech News

BioCatch Releases Inaugural Annual Report on AI’s Impact on Digital Fraud and Financial Crime

PR Newswire
by PR Newswire0
Survey of 600 Fraud-Fighters in 11 Countries on Four Continents Shows Paradox of Financial Institutions Already Using AI Tools to Defend Themselves as Criminals Launch AI-Super-Charged Attacks Nearly 70% of the 600 fraud-management, anti-money laundering, and risk and compliance officials surveyed in BioCatch’s first-ever AI-focused fraud and financial crime report say criminals are more......
News Risk Management

apexanalytix Launches Passkeys to Prevent Fraud and Safeguard Clients’ Supplier Data with Biometric Authentication

PR Newswire
by PR Newswire0
This new advancement in fraud prevention protects login credentials from cyber criminals even when a supplier’s network or email system is compromised. apexanalytix, the leading provider of global supply chain risk management data, software and services, announced the launch of Passkeys. This industry-first feature enables suppliers to securely log into......
Cognizant and FICO Partner to Help Banks Prevent Real-Time Payments Fraud
Digital Payments News

Cognizant and FICO Partner to Help Banks Prevent Real-Time Payments Fraud

PR Newswire
by PR Newswire0
Cloud-based solution provides banks and payment providers with fraud protection powered by artificial intelligence and machine learning Cognizant announced a planned collaboration with FICO, a leading analytics software company, to launch a cloud-based real-time payment fraud prevention solution powered by FICO Falcon Fraud Manager. The joint offering would leverage both firms’ artificial intelligence (AI) and......
Alessa and RZOLUT Join Forces to Provide Innovative Data, Compliance and Financial Crime Prevention Solutions
Compliance management News

Alessa and RZOLUT Join Forces to Provide Innovative Data, Compliance and Financial Crime Prevention Solutions

PR Newswire
by PR Newswire0
Integrating RZOLUT’s data with Alessa’s end-to-end AML/KYC compliance solution ensures customers can identify and resolve risks in real-time at a reduced cost. Alessa , a provider of Anti Money Laundering (AML) and fraud management solutions, is pleased to announce a strategic partnership with RZOLUT, an award-winning RegTech data and platforms organization. This collaboration harnesses......
Veriff Identity Fraud Index: Company's Fraud Record Impacts Consumers' Purchase Decisions
News Security

Veriff Identity Fraud Index: Company’s Fraud Record Impacts Consumers’ Purchase Decisions

PR Newswire
by PR Newswire0
The Veriff Identity Fraud Index found that more than 75% of our consumers consider a company’s record on fraud prevention before signing up for a service. Veriff, a global identity verification (IDV) provider, announced the release of the 2024 Veriff Identity Fraud Index. The report examines consumer preferences in using digital security......
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