Search Results for: fraud

CFPB Issues Policy on Contractual ‘Gag’ Clauses and Fake Review Fraud
Consumer protection laws News

CFPB Issues Policy on Contractual ‘Gag’ Clauses and Fake Review Fraud

Fintech News Desk
by Fintech News Desk0
Financial companies will face consequences for illegally manipulating or suppressing consumer reviews Today, the Consumer Financial Protection Bureau (CFPB) issued policy guidance regarding potentially illegal practices related to consumer reviews. The CFPB seeks to ensure that customers can write reviews, particularly ones posted online, about financial products and services that......
ALTO Adds ACI Worldwide Fraud Management to Enhance National Payment Experience
Digital Payments News

ALTO Adds ACI Worldwide Fraud Management to Enhance National Payment Experience

Fintech News Desk
by Fintech News Desk0
Industry’s most complete end-to-end enterprise payments solution deployed countrywide ACI Worldwide, the global leader in mission-critical, real-time payments software, announced ALTO, Indonesia’s leading interbank switch, has added ACI Fraud Management to its Retail Payments solution capabilities. The new deployment elevates ALTO’s interbank switch to the industry’s most advanced end-to-end enterprise payments solution. “The partnership......
Manual Finance Processes Are Stunting Business Growth And Creating Fraud Risk
Finance News Risk Management

Manual Finance Processes Are Stunting Business Growth And Creating Fraud Risk

Fintech News Desk
by Fintech News Desk0
New report, commissioned by Tipalti, reveals the state of accounts payables (AP) in fast-growth businesses, highlighting time wasted on manual workloads New research assessing the state of finance departments in the US and UK reveals that inefficient manual processes are holding back businesses – with four-in-five (80%) finance leaders admitting......
Report: Payment Fraud Attacks Against Fintech Companies Soar by 70% in 2021
Digital Payments Fintech News

Report: Payment Fraud Attacks Against Fintech Companies Soar by 70% in 2021

Fintech News Desk
by Fintech News Desk0
Sift’s Q1 Digital Trust & Safety Index reveals rising fraud across fintech, company releases Trust Intelligence Center for Trust and Safety Professionals Sift, the leader in Digital Trust & Safety, today released its Q1 2022 Digital Trust & Safety Index, detailing the increasingly sophisticated—and often automated—tactics cybercriminals leverage to commit......
ACI Worldwide Launches Innovative ACI Fraud Scoring for Financial Institutions
Digital Payments News

ACI Worldwide Launches Innovative ACI Fraud Scoring for Financial Institutions

Fintech News Desk
by Fintech News Desk0
Industry-First Fraud-Scoring Platform Uses ACI’s Patented Incremental Learning Technology, Enabling Banks to Reduce Fraud Losses by up to 75 Percent ACI Worldwide, the global leader in mission-critical, real-time payments software, announced the launch of Fraud Scoring Services—an industry-first fraud scoring platform delivering next-generation machine learning capabilities for financial institutions of all......
Small to Midsize Banks Benefit from Reduced Fraud with Award-Winning Fiserv Solution Leveraging FICO Analytics
Digital Payments Finance News

Small to Midsize Banks Benefit from Reduced Fraud with Award-Winning Fiserv Solution Leveraging FICO Analytics

Fintech News Desk
by Fintech News Desk0
Payments and financial technology leader wins FICO® Decisions Award for AI, machine learning & optimization, using advanced fraud technologies Fiserv, a leading global provider of payments and financial services technology solutions, has won a 2022 FICO Decisions Award for AI, machine learning & optimization. Fiserv developed a new fraud mitigation service that......
SEON Tackles Fraud in the BNPL Space
Digital Payments News

SEON Tackles Fraud in the BNPL Space

Fintech News Desk
by Fintech News Desk0
The world’s fastest growing fraud prevention business is on a mission to eradicate fraud in the Buy Now, Pay Later (BNPL) sector Online fraud fighters, SEON has secured partnership agreements with several leading companies in the global BNPL sector. The agreements speak to a growing trend within the emerging space,......
LexisNexis Risk Solutions Study Finds Larger Banks and Fintechs Hit Hardest by Small and Midsize Business Lending Fraud Losses
Lending News Risk Management

LexisNexis Risk Solutions Study Finds Larger Banks and Fintechs Hit Hardest by Small and Midsize Business Lending Fraud Losses

Fintech News Desk
by Fintech News Desk0
Small to Mid-Sized Business Lending Fraud Increased 6.9% Since 2020, with More Than One-Third of Growth Attributed to the Pandemic LexisNexis Risk Solutions released its latest Small and Midsize Business (SMB) Lending Fraud Study. The survey of risk and fraud executives at financial institutions reveals that SMB lending fraud in......
Outseer Expands Industry-Leading Fraud Protection into Emerging Payments Categories
Digital Payments News

Outseer Expands Industry-Leading Fraud Protection Into Emerging Payments Categories

Fintech News Desk
by Fintech News Desk0
Outseer Emerging Payments builds on decades of fraud prevention and machine learning innovation with new solution for Buy Now, Pay Later installments Outseer, the leader in payment authentication and monitoring solutions, introduces the next step in its strategic evolution with Outseer Emerging Payments. Latest Fintech Insights: Cadence Bank Increases Interchange Revenue......
UTP Shield to Provide Increased Fraud Protection to Merchants
Digital Payments News

UTP Shield to Provide Increased Fraud Protection to Merchants

Fintech News Desk
by Fintech News Desk0
Following the success of its award-winning Faster Processing solution, UTP Merchant Services, one of the UK’s largest providers of physical and online payment solutions, is launching a free service to help protect its customers from potential fraud and chargebacks. Building on feedback from merchants, the UTP Shield is a software algorithm......
1