Tag : Fraud detection

Inscribe Takes on $20 Billion Fraud Problem, Enhances Risk Management for Finance Industry
Fintech News Risk Management

Inscribe Takes on $20 Billion Fraud Problem, Enhances Risk Management for Finance Industry

Fintech News Desk
by Fintech News Desk0
New features enable businesses to reduce risk while providing financial access to more legitimate customers and underserved communities Inscribe, the leading fintech solution for fraud detection and risk management, announced that it has released new features to help combat the $20B fraud losses faced by U.S. financial institutions. Banking, lending, and......
ACI Worldwide Launches Innovative ACI Fraud Scoring for Financial Institutions
Digital Payments News

ACI Worldwide Launches Innovative ACI Fraud Scoring for Financial Institutions

Fintech News Desk
by Fintech News Desk0
Industry-First Fraud-Scoring Platform Uses ACI’s Patented Incremental Learning Technology, Enabling Banks to Reduce Fraud Losses by up to 75 Percent ACI Worldwide, the global leader in mission-critical, real-time payments software, announced the launch of Fraud Scoring Services—an industry-first fraud scoring platform delivering next-generation machine learning capabilities for financial institutions of all......
FRISS Acquires Polonious Insurance Investigations
InsurTech News

FRISS Acquires Polonious Insurance Investigations

Fintech News Desk
by Fintech News Desk0
The feature-rich Polonious product will improve FRISS Investigations capabilities worldwide, closing the loop by bringing in more data, fraud schemes and trends FRISS, the most widely implemented fraud, risk and compliance solution for P&C insurers worldwide, is thrilled to announce the acquisition of Polonious, the expert software for special investigations......
Mastercard AI Modeling Capability Enhances MPI Solution
Artificial Intelligence Digital Payments News

Mastercard AI Modeling Capability Enhances Milliman Payment Integrity Solution

Fintech News Desk
by Fintech News Desk0
Proof of concept finds $239 million in suspected healthcare fraud, waste, and abuse Mastercard announced it recently completed a successful proof of concept coupling Mastercard’s artificial intelligence modeling technology with the Milliman Payment Integrity solution (MPI) to enhance detection of suspected healthcare fraud, waste, and abuse (FWA). Recognizing the value......
Verisk’s FAST Platform Powers Pacific Life’s Launch of Level-Premium Term Life Insurance Product
InsurTech News

Verisk’s FAST Platform Powers Pacific Life’s Launch of Level-Premium Term Life Insurance Product

Fintech News Desk
by Fintech News Desk0
Verisk announced that Pacific Life’s level-premium term life insurance product, Pacific Elite Term, is in production with Verisk’s FAST platform for new business, policy administration and claims. The launch marks another important milestone in Pacific Life’s digital transformation, which is focused on continuing growth with digital capabilities that power distinctive......
iWallet, Mobile Check Deposits for the Field Service Industry
Digital Payments News

iWallet, Mobile Check Deposits for the Field Service Industry

Fintech News Desk
by Fintech News Desk0
Field Service Providers Can Now Manage All Forms of Payment Processing From a Mobile Device iWallet, a fintech startup is expected to witness substantial growth with the addition of mobile check deposits for small businesses which until now has been a void in the field service industry. Depositing checks is......
Ramp US Expands Presence in US With FinCEN Regulation
Cryptocurrency News

Ramp US Expands Presence in US With FinCEN Regulation

Fintech News Desk
by Fintech News Desk0
Registration with two world-leading regulators boosts on-ramp provider’s credibility Ramp Swaps LLC (Ramp US), a crypto payments infrastructure provider, has registered as a Money Services Business (MSB) with The Financial Crimes Enforcement Network (FinCEN), enabling it to operate legally in 38 states and paving the way for further expansion into the United States.......
People Data Labs Raises $45M to Empower Engineers Building B2B Data Products
Fintech News

People Data Labs Raises $45M to Empower Engineers Building B2B Data Products

Fintech News Desk
by Fintech News Desk0
PDL will expand its offerings in fintech, fraud detection, risk mitigation, and investment research and expand its team People Data Labs (PDL), which builds innovative APIs that empower developers, engineers, and data scientists to build new data-driven products using its 3 billion high-quality B2B data records, has raised $45 million in......
Linear Financial Technologies Releases Linear Defense, Introducing A Paradigm Shift in Fraud Detection Methods
Fintech News

Linear Financial Technologies Releases Linear Defense, Introducing A Paradigm Shift in Fraud Detection Methods

Fintech News Desk
by Fintech News Desk0
Linear Defense is an AI-based fraud detection solution that enables financial institutions and other companies that onboard consumers and SMBs to be more cost efficient in underwriting fraud risk and to minimize lost business opportunities for new customer relationships. Linear Financial Technologies, the market leader in digital account origination technology......
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