Tag : financial loss

Banking Digital Payments Featured Fintech News Security

Security and Fraud Prevention in Digital Payments

Prajakta Ayade
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.......
Vouch Launches WEB3 Insurance for WEB3 Companies
InsurTech News

Vouch Launches WEB3 Insurance for WEB3 Companies

Fintech News Desk
Vouch, the Insurance of Tech, is live with the first insurance solution designed for Web3 companies. The company is underwriting Web3 companies with policies broadened to cover smart contract vulnerabilities, DAO’s, crypto and more. “Insurance is a critical part of the financial operating system for every company. Without the right coverage, founders’......
Acrisure Unveils Cyber Risk Assessment Backed by Coalition
Fintech InsurTech News Risk Management

Acrisure Unveils Cyber Risk Assessment Backed by Coalition

Fintech News Desk
Assessment gives small and midsize businesses visibility into their unique cyber vulnerabilities Acrisure, a fast-growing fintech leader that operates a top-10 global insurance broker, announced a partnership with Coalition, a leading global provider of cyber insurance and security. Acrisure’s Cyber Services division will offer the Coalition Risk Assessment, designed to......
Adults 18-24 Report Highest Scam Risk in 2020
Digital Fintech News

Adults 18-24 Report Highest Scam Risk in 2020

Fintech News Desk
Online purchase scams become riskiest scam in the wake of COVID-19 Adults ages 18–24 reported the highest median losses ($150) and the highest likelihood of loss (56.6%) to BBB Scam Tracker in 2020, according to the Better Business Bureau (BBB). Previously, older age groups consistently lost higher median dollar amounts to scammers year over year, even......
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