Tag : Fraud detection
Covid-19 Spending Habits – Has The Pandemic Caused An Increase In Acquirer Fraud?
As the Covid-19 virus started to spread around the globe and a sharp economic downturn became apparent in many sectors, acquirers, and the financial institutions who maintain merchant accounts in order to accept card payments, faced a decline in the number of transactions being processed through their systems, and therefore......
Shift Technology and CRIF Collaborate in the Fight Against Insurance Fraud
Shift Technology, a provider of AI-driven decision automation and optimization solutions for the global insurance industry, today announced it has collaborated with CRIF Decision Solutions Ltd., leader in information services, fraud prevention and digital solutions. As a result, Sherlock solution will be made available to MIB CUE (Claims and Underwriting......
The Aréas Group Optimizes its Fight Against Auto Insurance Fraud with Shift Claims Fraud Detection
Shift Technology, a provider of AI-native fraud detection and claims automation solutions for the global insurance industry, today announced that Aréas Assurances has deployed Shift Claims Fraud Detection to support its efforts to thwart auto insurance fraud. Aréas Assurances is an independent group comprised of the mutual insurance companies Aréas Dommages......
Shift Technology Delivers Fraud Detection For Elephant Insurance
Shift Technology, a provider of AI-native fraud detection and claims automation solutions for the global insurance industry, today announced Elephant Insurance selected the company to help improve fraud detection in the P&C insurer’s claims process. Read More: PPS Goes Green with Exceet to Power Sustainable Cards for the Fintech Industry......
Admiral Seguros Banks On Shift Technology’s AI For Fraud Detection And Prevention
Shift Technology, a provider of AI-native fraud detection and claims automation solutions for the global insurance industry today announced that Admiral Seguros has adopted the company’s Shift Claims Fraud Detection. The insurer recognized Shift a leader in the application of Artificial Intelligence to claim analysis in order to prevent and combat......
Nitto Asserts That SkyStem ART Was Beneficial And Necessary
SkyStem LLC, a leading provider of automated month-end close account reconciliation software, is pleased to share Nitto’s success story. After multiple acquisitions and some organizational restructuring, the centralization of Nitto’s month-end close process was extremely cumbersome, the accounting team was in need of a solution. With multiple sites spread throughout......
Abrigo Earns Top Scores In Aite Group Report Based On Client Feedback
Abrigo, a leading technology provider of compliance, credit risk, lending, and asset/liability management solutions, earned top scores in Aite Group’s recently released report on client satisfaction. The report, “Lenders’ Perspectives: Commercial Loan Origination Automation,” compiled vendor ratings based on client interviews regarding lender satisfaction with their commercial loan origination software provider. Financial institution leaders......
FRISS Fraud Study Shows the Impacts of COVID-19 on AI and Digitalization in Insurance
A 2020 study by FRISS reveals how the pandemic changed insurers’ priorities In a recent study by FRISS, the global leader in AI-powered fraud detection software for insurers, the impacts of COVID-19 as well as long-term industry trends are highlighted. The study gathered input from nearly 500 insurance professionals worldwide......
SpyCloud Named a Gartner Cool Vendor in Identity Access Management and Fraud Detection
SpyCloud announced it has been recognized in Gartner’s October 2020 Cool Vendors in Identity Access Management and Fraud Detection report, which is designed to highlight interesting, new and innovative vendors, products and services. Read More: Ping An says ESG Adoption in China Presents Opportunities for Technology Companies “We’re honored to be......