Search Results for: identity stolen

63% of Americans Say Their Finances Have Been Impacted by Coronavirus, According to Lendingtree Survey
Fintech News

LendingTree Launches Free Identity Monitoring Feature Through Partnership With ID Experts

Mohit Manoharan
by Mohit Manoharan0
LendingTree, the nation’s leading online loan marketplace, announced the launch of a free identity monitoring feature for My LendingTree users through a new partnership with ID Experts, a premier identity protection provider, in efforts to help consumers further safeguard themselves from threats to their financial health and online privacy. Members of......
Artificial Intelligence Banking Digital Payments Featured Finance Fintech Risk Management Security

Leveraging AI and Data Analytics for Better Risk Assessment

Fintech Staff Writer
by Fintech Staff Writer0
The rapid evolution of financial technology has brought forward innovative ways to borrow and lend, transforming how consumers approach personal finance. One standout development in this space is the rise of Buy Now, Pay Later (BNPL) services, a flexible and accessible lending model that has disrupted traditional banking and credit......
90% of Americans Worry About Rise in Fraud, 74% Think AI Will Increase Successful Fraud Attempts, Abrigo Survey Finds
News Risk Management

90% of Americans Worry About Rise in Fraud, 74% Think AI Will Increase Successful Fraud Attempts, Abrigo Survey Finds

Business Wire
by Business Wire0
2024 Abrigo Fraud Survey shows half of Americans are “extremely concerned” about fraud, misconceptions about recoverability persist, and majority (71%) worry about money laundering Abrigo, a leading provider of financial crime prevention and risk management solutions for U.S. financial institutions, announced compelling new survey results revealing how Americans feel about......
Global Survey Finds 75% of Consumers Ready to Switch Banks Over Inadequate Fraud Protection
Artificial Intelligence Banking Finance Fintech News Security

Global Survey Finds 75% of Consumers Ready to Switch Banks Over Inadequate Fraud Protection

Business Wire
by Business Wire0
New research from Jumio reveals 69% of customers demand stronger cybersecurity measures as confidence in bank protections wanes Jumio, the leading provider of automated, AI-driven identity verification, risk signals and compliance solutions, today released new findings from its Jumio 2024 Online Identity Study. This year’s results highlight growing anxiety among......
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......
Banking Digital Payments Finance Fintech Guest Posts Risk Management Security

Uncovering The Biggest Hidden Insider Risk For The Financial Industry

Guy Guzner
by Guy Guzner0
As part of a highly regulated, high-risk industry, financial organizations are expected to be the most secure environments. However, due to their nature, they are one of the top targets for cyberattacks. According to IBM, finance firms lose approximately $5.9 million per data breach — 28% more than the global average.......
FICO Survey: 1 in 3 Indians Worried About Being Scammed As Real-Time Payment Risks Grow
Analytics Digital Payments News

FICO Survey: 1 in 3 Indians Worried About Being Scammed As Real-Time Payment Risks Grow

Business Wire
by Business Wire0
34% of Indians are most concerned about being tricked into making payment to a criminal Highlights Payment Fraud is the top financial crime concern for 34% of Indians Identity theft worries persist, with 37% believing they have or might have been victims Real-time payment scams are on the rise, with......
Banking Digital Payments Featured Fintech News Security

Security and Fraud Prevention in Digital Payments

Prajakta Ayade
by Prajakta Ayade0
In an era where digital transactions are an everyday aspect, ensuring security and fraud prevention in digital payments has become critical. With the convenience of online shopping, mobile banking, and contactless payments, consumers are increasingly embracing new age digital payment methods. Digital payments reign supreme, offering convenience, speed, and accessibility.......
Every Rupee Lost to Fraud in India Costs Firms ₹4.00 According to LexisNexis True Cost of Fraud Study
Banking News

Every Rupee Lost to Fraud in India Costs Firms ₹4.00 According to LexisNexis True Cost of Fraud Study

PR Newswire
by PR Newswire0
Fraud has increased for 54% of Indian organisations year-on-year. In APAC, digital channels account for more fraud losses than physical channels. Four in five Indian organisations say fraud is affecting their customer conversion rates. LexisNexis Risk Solutions has unveiled the findings of its 2023 LexisNexis True Cost of Fraud Study......
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