Search Results for: potential fraud

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Westpac rolls out real-time alerts to help protect customers from scams and fraud

Fintech News Desk
by Fintech News Desk0
With a spike in scams targeting Australians since the start of the COVID-19 pandemic, Westpac is taking further steps to protect its customers through implementing new scam-detection technology across its branch network. The new technology will send Westpac branch employees real-time alerts as payments are being processed, so that suspicious......
First Derivatives Names AWS Advanced Consulting Partner
Artificial Intelligence Business Fintech Investment Services News Risk Management

AWS Announces General Availability of Amazon Fraud Detector

Fintech News Desk
by Fintech News Desk0
Amazon Web Services Inc. (AWS), an Amazon.com company, announced the general availability of Amazon Fraud Detector, a fully managed service that makes it easy to quickly identify potentially fraudulent online activities like online payment and identity fraud. Using machine learning under the hood and based on over 20 years of......
Accertify Launches Digital Identity Solution to Battle Increasing Account Opening and Account Takeover Fraud
Fintech News

Accertify Launches Digital Identity Solution to Battle Increasing Account Opening and Account Takeover Fraud

Fintech News Desk
by Fintech News Desk0
Machine learning capabilities deliver more sophisticated fraud protection in an uncertain environment Accertify, Inc., a wholly-owned subsidiary of American Express, announced the launch of a new solution designed to help organizations address the significant rise in fraudulent online account openings and account takeovers. Accertify Digital Identity is a sophisticated API-based solution......
NICE Actimize Named a Leader in the IDC MarketScape 2020 Enterprise Fraud Management Report
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NICE Actimize Named a Leader in the IDC MarketScape 2020 Enterprise Fraud Management Report

Fintech News Desk
by Fintech News Desk0
NICE Actimize, a NICE business and a leader in Autonomous Financial Crime Management, announced that IDC, a global provider of market intelligence, has named NICE Actimize a Leader in the inaugural “IDC MarketScape: Worldwide Enterprise Fraud Management in Banking 2020 Vendor Assessment. Read More: Kensho Collaborates with NVIDIA to Advance......
GLORY Picks Advanced Fraud Solutions to Further Enhance Security of their TellerInfinity Assisted Service Solution
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GLORY Picks Advanced Fraud Solutions to Further Enhance Security of their TellerInfinity Assisted Service Solution

Fintech News Desk
by Fintech News Desk0
Advanced Fraud Solutions (AFS), a leader in deposit fraud detection software, announced a new partnership that will integrate AFS’ TrueChecks – the industry’s leading check fraud database and comprehensive check fraud prevention solution – with Glory TellerInfinityTM Teller Assisted Service Solution. The integration will protect financial institutions from the latest check deposit......
Equifax Introduces Response CONFIDENCE to Drive More Confident Decisions in Pandemic Economy
Fintech InsurTech News

Equifax Introduces Solution Set To Address Unemployment Insurance And Social Safety Net Fraud

Fintech News Desk
by Fintech News Desk0
UI Eligibility suite of services delivers verification data sets and authentication tools to help identify and prevent imposter and fraudulent claims Equifax, announced a new solution set designed to help state unemployment agencies identify and prevent potential instances of unemployment insurance (UI) fraud.  To address the concerns about rising reports......
China Pacific Insurance Company Reduces Life Insurance Fraud With Voice Analytics From Nemesysco
Fintech InsurTech News

China Pacific Insurance Company Reduces Life Insurance Fraud With Voice Analytics From Nemesysco

Fintech News Desk
by Fintech News Desk0
Nemesysco, a leading provider of voice analytics technologies and solutions for genuine emotion detection, announced that the company has deployed a voice analytics solution together with its local integration partner Softtek for the China Pacific Insurance Company (CPIC). Read More: GlobalFintechSeries Interview with Nick Cowan, CEO of the GSX Group CPIC is one of the......
Federal Reserve Announces the FraudClassifier℠ Model to Help Organizations Classify Fraud Involving Payments
Fintech News

Federal Reserve Announces the FraudClassifier℠ Model to Help Organizations Classify Fraud Involving Payments

Fintech News Desk
by Fintech News Desk0
The Federal Reserve published the FraudClassifier model – a set of tools and materials to help provide a consistent way to classify and better understand the magnitude of fraudulent activity and how it occurs across the payments industry. The model was developed by the Fraud Definitions Work Group, which was comprised of......
Omdia Recognizes Comviva's Mobiquity® Banking Suite As A key Digital Banking Platform
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Fraud Detection is Crucial to the Digital Banking Revolution

Paroma Sen
by Paroma Sen0
Over the past few years, there has been a significant growth and shift in innovations within the digital banking sphere. New fintech startups, established fintech companies and banks are addressing the need and importance of offering a more comprehensive and sound digital banking experience, while, traditional banks are transforming their......
Experian Announces Breakthrough Solution in the Fight Against Synthetic Identity Fraud
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Experian Announces Breakthrough Solution in the Fight Against Synthetic Identity Fraud

Fintech News Desk
by Fintech News Desk0
Industry-first fraud offering integrated into the credit profile mitigates lender losses while protecting millions of consumers’ identities To combat a growing threat that’s expected to drive $48 billion in annual online payment fraud losses by 2023,1 Experian announced the launch of Sure Profile. Experian is the first company with an offering......
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