Search Results for: fraud

One in Three Canadian Crypto-Asset Owners Experienced Fraud or Scams, TMU Study Finds
Cryptocurrency Investment Services News

One in Three Canadian Crypto-Asset Owners Experienced Fraud or Scams, TMU Study Finds

Business Wire
by Business Wire0
Financial regulators have taken important steps to mitigate crypto risks to consumers and the economy, but safety and security issues still remain One in 10 Canadians aged 16 and older (about 3 million people) have owned a crypto-asset such as Bitcoin, Ether or a non-fungible token (NFT). Of them, one......
Financial Frauds and Digital Safety Continue to Hound Banks
Banking Fintech News

Financial Frauds and Digital Safety Continue to Hound Banks

Fintech News Desk
by Fintech News Desk0
Online fraud and financial crime prevention platform, SEON has released its latest ‘Global Banking Fraud Index’, which analyzes the cost of fraud to banks and other financial institutions around the world in 2023.   Notably, the new review by SEON highlights the following:   The value of the global neobank market......
“Scam-Free Future: The Rise of Anti-Fraud Companies"
Cryptocurrency News

“Scam-Free Future: The Rise of Anti-Fraud Companies”

Business Wire
by Business Wire0
In today’s economy, there are a plethora of financial companies vying for investors’ attention. One of the newer types of companies that have emerged in recent years are those that deal with cryptocurrencies and Forex trading. While these types of companies can offer potentially high returns on investment, it’s important......
Attorney General James Secures $4.3 Million from Cryptocurrency Company for Defrauding Investors
Cryptocurrency News

Attorney General James Secures $4.3 Million from Cryptocurrency Company for Defrauding Investors

Fintech News Desk
by Fintech News Desk0
Under Agreement with AG James, Coin Cafe will Pay Full Restitution to New Yorkers and All U.S. Investors Who Were Deceived by Misleading Fees New York Attorney General Letitia James secured $4.3 million from a Brooklyn-based cryptocurrency company, Coin Cafe, for defrauding investors. Coin Cafe is a cryptocurrency trading platform......
Teradata and FICO Partner to Reduce Fraud, Improve Business Outcomes
Analytics Digital Payments News

Teradata and FICO Partner to Reduce Fraud, Improve Business Outcomes

Business Wire
by Business Wire0
New agreement to bring AI-powered decision automation and optimization to financial services, healthcare, retail, manufacturing and travel/transportation Teradata and FICO, the analytics software provider, announced they plan to bring to market integrated advanced analytic solutions for real-time payments fraud, insurance claims, and supply chain optimization. Bringing data, analytics and insights together......
ComplyAdvantage Takes on Payment Fraud with New AI-powered Solution
Machine Learning News

ComplyAdvantage Takes on Payment Fraud with New AI-powered Solution

PR Newswire
by PR Newswire0
Fraud Detection uses innovative machine learning algorithms to identify and prevent transaction fraud Criminals have never had more avenues through which to defraud people. This has been fueled by the proliferation of technology ranging from instant messaging to new forms of remittance, like P2P and real-time payments. That’s why ComplyAdvantage,......
Mastercard Ramps Up Fraud Protection for eCommerce Merchants by Integrating Vesta Solutions into Mastercard Payment Gateway Services
Digital Payments News

Mastercard Ramps Up Fraud Protection for eCommerce Merchants by Integrating Vesta Solutions into Mastercard Payment Gateway Services

Fintech News Desk
by Fintech News Desk0
Tie-up offers MPGS customers access to Vesta’s Payment Guarantee and Payment Protect solutions MPGS users who opt-in can expect higher transaction approval rates, more revenue, happier customers With merchants estimated to suffer more than US$48 billion in eCommerce fraud globally in 2023 – 22% of that in Asia – Mastercard announced the......
DCI and DataVisor Team Up to Help Banks Fight Fraud
Banking Mobile Banking News

DCI and DataVisor Team Up to Help Banks Fight Fraud

PR Newswire
by PR Newswire0
Financial fraud has increased substantially as the trend towards mobile banking and digitization accelerates. In 2022 alone, the Federal Trade Commission received over 1.1 million reports of identity theft and over 440,000 reports of credit card fraud. To help banks detect and mitigate fraud proactively, DCI (Data Center Inc.) –......
Experian Announces New U.S. Fintech Data Network to Combat Fraud
Fintech News

Experian Announces New U.S. Fintech Data Network to Combat Fraud

Business Wire
by Business Wire0
Experian’s Hunter comes to the United States with nine top fintechs committed to participating Amid an uptick in fraud across the fintech industry, Experian introduced a fintech-focused version of Experian’s Hunter, an industry-leading fraud prevention data network, to the United States. This new U.S. fintech data network already has participation commitments......
Phemex Launches Its Revolutionary Phemex Soul Pass to Boost Trust, Protect Against Crypto Fraud, and Increase Decentralized Web 3.0 Transparency
Cryptocurrency News

Phemex Launches Its Revolutionary Phemex Soul Pass to Boost Trust, Protect Against Crypto Fraud, and Increase Decentralized Web 3.0 Transparency

PR Newswire
by PR Newswire0
Phemex, a leading crypto exchange platform, is bolstering its exciting plans to transition from centralized to hybrid semi-centralized with the launch of their innovative Phemex Soul Pass. The non-transferable digital token creates massive potential for growth and value by empowering users with full and transparent ownership of their online identities and assets in the......
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