Search Results for: security and fraud

Discover Global Network Study: Slow Payments and Fraud Prevention Are Pivotal Growth Opportunities in Consumer and Merchants Segments
Digital Payments Fintech News

Discover Global Network Study: Slow Payments and Fraud Prevention Are Pivotal Growth Opportunities in Consumer and Merchants Segments

Business Wire
by Business Wire0
Fintechs Address Rising Consumer Payment Adoption and Merchant Adaption Discover Global Network, a leading global payment network, released the third portion of its 2024 Payments State of the Union, the most comprehensive study of its kind, with key insights into the payments ecosystem. Conducted in partnership with 451 Research of S&P......
Cashing in: Study shows banks investing big in GenAI, and it's paying off
Artificial Intelligence Banking Finance Fintech News

Cashing in: Study shows banks investing big in GenAI, and it’s paying off

PR Newswire
by PR Newswire0
Banking tops other industries in adopting the technology for marketing, risk management, customer service and more A new report on the use of generative AI in banking finds that financial services leads other industries in implementing the technology. A recent survey found that 17% of banking leaders have fully integrated......
Reducing Fraud and Amping up Authorizations: Worldpay and Capital One Share Transaction Data to Optimize Payments
Digital Payments Fintech News

Reducing Fraud and Amping up Authorizations: Worldpay and Capital One Share Transaction Data to Optimize Payments

Business Wire
by Business Wire0
New partnership aims to improve the detection of real fraud events and reduce false positive declines Worldpay and Capital One have joined forces in a new collaboration to optimize payment fraud decisioning and enhance payment security and efficiency with a data sharing agreement. Merchants enrolled in Worldpay’s flagship fraud detection and......
Vaiu Global Unveils Tokenization Software to Enhance FedNow Security and Usability in Banking
Banking News Security

Vaiu Global Unveils Tokenization Software to Enhance FedNow Security and Usability in Banking

PR Newswire
by PR Newswire0
Vaiu Technology: A Simple, Low-Cost Solution for Banks to Accelerate the Adoption of Secure Real Time Payments Vaiu Global, a software technology provider, unveiled its innovative Ephemeral Token Software at Money 20/20 in Las Vegas. The software aims to accelerate the adoption of instant payments, including the U.S. Federal Reserve’s FedNow real-time payments system across......
Nacha's Payments Innovation Alliance Commemorates Cybersecurity Awareness Month by Releasing Materials to Educate the Public About AI-Based Scams
Finance Fintech News Security

Nacha’s Payments Innovation Alliance Commemorates Cybersecurity Awareness Month by Releasing Materials to Educate the Public About AI-Based Scams

Business Wire
by Business Wire0
Nacha’s Payments Innovation Alliance, a membership program that brings together diverse global stakeholders seeking to transform the payments industry, has published new materials aimed at raising awareness of AI-based scams, including a new report, Payments and Artificial Intelligence: Protecting Yourself Against AI-based Scams, focusing on protecting consumers from AI-based scams and......
FundingShield Announces Integration with OptiFunder to Deliver Integrated Fraud Prevention Services
Compliance management Fintech News

FundingShield Announces Integration with OptiFunder to Deliver Integrated Fraud Prevention Services

Business Wire
by Business Wire0
FundingShield, a market-leading fintech providing plug-and-play solutions to manage risk, compliance, and fraud prevention, has entered into an integration agreement with OptiFunder, the creators of OptiFunder WMS and Greyhound Warehouse Management System whose innovative solutions power automation from mortgage loan funding, through the warehouse and investor delivery process. The integration will......
Alkami Helps Banking Leaders Combat Emerging Check and Real-time Payments Fraud
Banking Digital Payments Finance Fintech News Risk Management

Alkami Helps Banking Leaders Combat Emerging Check and Real-time Payments Fraud

PR Newswire
by PR Newswire0
Industry experts unveil strategies in webinar to tackle emerging fraud threats as real-time payments surge and check fraud remains a leading risk Alkami Technology, Inc., a leading cloud-based digital banking solutions provider for financial institutions in the U.S., recently held its latest webinar, “Banking on Security: Check & Real-Time Payments Fraud,” aimed at helping financial institutions address......
AWS and Q2 Expand Partnership to Accelerate Banking Innovation
Banking Fintech News

AWS and Q2 Expand Partnership to Accelerate Banking Innovation

Business Wire
by Business Wire0
Q2 Holdings Inc, a leading provider of digital transformation solutions for financial services, today announced an expanded strategic partnership with Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company, to continue driving innovation for its bank, credit union, and fintech customers. As part of this collaboration, AWS and Presidio, a......
Artificial Intelligence Banking Digital Payments Featured Finance Fintech Risk Management Security

Combating Payment Fraud with AI-Powered Risk Scoring

Fintech Staff Writer
by Fintech Staff Writer0
Digital banking has revolutionized how people manage finances, but it has also increased exposure to payment fraud. As fraudsters become more sophisticated, traditional rule-based methods struggle to keep pace. AI-powered risk scoring provides a more robust solution by analyzing vast amounts of transaction data and identifying subtle patterns that indicate......
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