Tag : financial crime prevention

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......
Lucinity Partners with Knights Analytics to Elevate AI-Driven Data Quality and Analysis for FinCrime Compliance
Artificial Intelligence Business Fintech News Security

Lucinity Partners with Knights Analytics to Elevate AI-Driven Data Quality and Analysis for FinCrime Compliance

PR Newswire
by PR Newswire0
Lucinity has announced a strategic partnership with Knights Analytics to enhance its financial crime compliance platform with advanced AI data management capabilities. This collaboration will unify customer data, improve data quality, and enable advanced Generative AI analysis within Lucinity’s solutions. Knights Analytics specializes in combining graph analytics and AI for connecting data, helping......
Permira to Acquire Majority Position in BioCatch at $1.3bn Valuation
Fintech News

Permira to Acquire Majority Position in BioCatch at $1.3bn Valuation

PR Newswire
by PR Newswire0
Permira Growth Opportunities Transaction builds on initial minority investment made in early 2023 to acquire a majority position and support BioCatch’s accelerated growth within online fraud detection and financial crime prevention BioCatch (the “Company”), the global leader in digital fraud detection and financial crime prevention powered by behavioral biometric intelligence,......
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......
Wendel Launches Its Expansion in Third-Party Private Asset Management and Enters Into Exclusive Negotiations With IK Partners
Finance News

Wendel to Acquire ACAMS

Fintech News Desk
by Fintech News Desk0
Wendel (Euronext: MF.FP) announced that it has entered into an agreement alongside Colibri Group, a Gridiron Capital company, to acquire the Financial Services segment of Adtalem Global Education. As part of the transaction, Wendel will acquire the Association of Certified Anti-Money Laundering Specialists (“ACAMS” or the “Company”), and Colibri will......
Broadridge Extends Intelligent Automation Suite with New AI-powered Anti-Money Laundering Solution
Fintech News

Broadridge Extends Intelligent Automation Suite with New AI-powered Anti-Money Laundering Solution

Fintech News Desk
by Fintech News Desk0
To better serve clients and the financial services industry, Broadridge Financial Solutions, Inc., a global Fintech leader, announced the launch of the Broadridge Anti-Money Laundering Solution (AMLS), bringing new, leading edge capabilities to Broadridge’s existing Intelligent Automation suite. The new solution delivers an end-to-end machine learning (ML) powered Anti-Money Laundering platform......
TietoEVRY follows Bank Norwegian to Germany and Spain
Banking Fintech News

TietoEVRY follows Bank Norwegian to Germany and Spain

Fintech News Desk
by Fintech News Desk0
TietoEVRY Card Issuing and Financial Crime Prevention have reached an important agreement with Bank Norwegian to follow the bank on their journey to Europe by expanding into Germany and Spain. Bank Norwegian’s customers in those countries will now get access to market leading credit card services that also cover fraud......
Akbank Selects Featurespace's ARIC Risk Hub to Protect Every Transaction from Fraud
Business Fintech Investment Services News

Featurespace Named Overall Winner Of Global Fast Track Programme At Hong Kong FinTech Week

Fintech News Desk
by Fintech News Desk0
Featurespace™, the leading provider of Enterprise Financial Crime prevention software, has been named the overall winner of the inaugural Global Fast Track Programme, a contest created to help local and global enterprises grow and accelerate innovation through Hong Kong’s diverse fintech ecosystem. Read More : BearingPoint Announces the Sale of Its Regulatory......
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