Search Results for: fraud

DCI Expands DataVisor Partnership for Increased Fraud Protection
Fintech News Risk Management Security

DCI Expands DataVisor Partnership for Increased Fraud Protection

Business Wire
by Business Wire0
DataVisor, the world’s leading AI-powered fraud and risk platform, is thrilled to announce the expansion of its partnership with DCI, a leading provider of award-winning core processing, digital banking, and fintech solutions. Following a highly successful initial phase of deployment, DCI will now broaden the use of DataVisor’s next-generation fraud solutions......
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......
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......
BioCatch Releases 2024 Digital Banking Fraud Trends in EMEA
Banking News

BioCatch Releases 2024 Digital Banking Fraud Trends in EMEA

Fintech News Desk
by Fintech News Desk0
Study reveals rise in social engineering scams and theft of devices as scammers adapt and innovate tactics – incorporating AI to target individuals. In a report released by BioCatch – the global platform in digital fraud detection and financial crime prevention powered by behavioral biometric intelligence – published findings showing......
"Sumsub Released Fraud Prevention Solution "
Fintech News

Research Exposes Every 100th User of Online Services Involved in Fraud Network

PR Newswire
by PR Newswire0
According to Sumsub’s internal research, every 100th user of a digital platform or service globally was a member of a fraud ring in 2023. Research by Sumsub, a leading global verification platform with 1B+ identities database, shows an alarming surge of fraud networks across multiple regions. The company discovered the trend prior to......
New FICO Survey: Fraud Protection is #1 Consideration for Majority of Consumers Selecting a New Financial Service Provider
Finance Fintech News

New FICO Survey: Fraud Protection is #1 Consideration for Majority of Consumers Selecting a New Financial Service Provider

Business Wire
by Business Wire0
Financial service providers must adopt a robust hybrid-banking model to retain customer trust and ensure easy account openings 69% of consumers rank good fraud protection in their top three considerations when choosing a financial service provider. 65% of customers still find value in the information and services available at brick-and-mortar......
DataVisor Offers Comprehensive Fraud and Risk Solution for Sponsor Banks to Ensure Compliance with New Banking-as-a-Service Regulations
Banking Fintech

DataVisor Offers Comprehensive Fraud and Risk Solution for Sponsor Banks to Ensure Compliance with New Banking-as-a-Service Regulations

Business Wire
by Business Wire0
This new solution grants sponsor banks total control to monitor and manage BSA compliance and transaction fraud patterns while conducting a comprehensive customer risk assessment in partnership with fintechs. DataVisor, the world’s leading AI-powered fraud and risk platform, announced today the launch of a comprehensive solution designed to both detect......
FICO UK
Banking Digital Payments Fintech News

FICO UK Released the Fraud, Identity, and Digital Banking Consumer Survey 2023

Fintech News Desk
by Fintech News Desk0
Fraud protection was cited as the highest priority for individuals when choosing a provider for a new financial account. A new study- Fraud, Identity, and Digital Banking Consumer Survey 2023 – United Kingdom of 1,000 UK consumers by global analytics software FICO has highlighted the customer acquisition and retention advantages......
"Simplici.io Announced the Launch of Simplici Defense"
Digital Payments News

Simplici Defense: 99.9% Effective Peer-to-Peer Payment Fraud Solution

PR Newswire
by PR Newswire0
With the rise of peer-to-peer imposter payment fraud surging to $2.6 billion in losses in 2022 and climbing ever higher in 2023, Simplici Defense stands as a powerful safeguard by utilising advanced biometric verification to authenticate both the sender and receiver. Simplici.io, a leading innovator in financial security solutions, is......
Mitek Supercharges Financial Institutions’ Ability to Detect Check Fraud With MiControl
Fintech News Security

Mitek Supercharges Financial Institutions’ Ability to Detect Check Fraud With MiControl

Business Wire
by Business Wire0
Fraud analysts achieve a sixfold increase in productivity detecting check fraud Mitek Systems, Inc. today introduced MiControl, a comprehensive fraud management console that works with Mitek’s Check Fraud Defender. MiControl quickly detects check fraud, reduces losses and further increases consumers’ online security. With its advanced visualizations and overlays, paired with......
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