Tag : Fraud prevention

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......
Featured Finance Fintech Risk Management Security

The Impact of Real-Time Data Integration on Financial and Insurance Industry Analytics

Fintech Staff Writer
by Fintech Staff Writer0
Data has become a crucial asset for driving decision-making, risk management, and customer experience. One of the most transformative advancements in recent years is the adoption of real-time data integration. This technology enables businesses to consolidate and analyze data from multiple sources instantaneously, allowing for more responsive and accurate insights.......
Marqeta Announces Fouzi Husaini as Company’s Chief Artificial Intelligence Officer
Artificial Intelligence Finance Fintech News

Marqeta Announces Fouzi Husaini as Company’s Chief Artificial Intelligence Officer

Business Wire
by Business Wire0
Husaini plans to expand and scale Marqeta’s AI capabilities, bringing over 25 years of experience to help drive greater ROI for Marqeta customers unlocking purchasing power for all Marqeta, the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, announced that Fouzi Husaini has joined......
Darwinium Hires Fintech Industry Standouts Peng Leong and Paul Cloutier as CFO and VP of Sales, Americas
Fintech News Security

Darwinium Hires Fintech Industry Standouts Peng Leong and Paul Cloutier as CFO and VP of Sales, Americas

GlobeNewswire
by GlobeNewswire0
Executive growth reinforces expansion of Darwinium’s leading-edge cyberfraud prevention platform across American and global markets Darwinium, a leader in next-generation digital security and fraud prevention, announces the appointment of Peng Leong as Chief Financial Officer and Paul Cloutier as Vice President of Sales, Americas. These strategic additions to Darwinum’s leadership......
Alogent and Mitek Announce Partnership to Tackle Ballooning Check Fraud Epidemic
News Security

Alogent and Mitek Announce Partnership to Tackle Ballooning Check Fraud Epidemic

Business Wire
by Business Wire0
Mitek’s Check Fraud Defender selected by Alogent to bring better check fraud detection to banks and credit unions Mitek Systems, a global leader in digital identity and fraud prevention, announces the expansion of their partnership with Alogent. Alogent will integrate Mitek’s Check Fraud Defender (CFD) into its web-based enterprise deposits automation......
FiVerity Unveils Identity Trust Management Platform to Modernize Security for Community Banks and Credit Unions
Banking News Security

FiVerity Unveils Identity Trust Management Platform to Modernize Security for Community Banks and Credit Unions

PR Newswire
by PR Newswire0
New enhancements create a single electronic location for consumer identity trust, enhanced decision-making, and strategic growth for Banks and Credit Unions. Boston, MA – June 25th, 2024 – FiVerity, a leading innovator in AI Identity Verification and Fraud Prevention, is proud to announce the launch of its Identity Trust Management platform. This groundbreaking solution is designed......
Sumsub Joins Mastercard Engage Partner Program to Enhance User Verification and Fraud Prevention
Finance Fintech News

Sumsub Joins Mastercard Engage Partner Program to Enhance User Verification and Fraud Prevention

PR Newswire
by PR Newswire0
Sumsub has been selected to join the Mastercard Engage Partner Program as a Digital First technological partner  Sumsub, a global full-cycle verification platform, has joined the Mastercard Engage Partner Program as a technological partner focused on Digital First solutions. Sumsub will provide its full suite of verification and anti-fraud solutions......
Fingerprint and Oscilar Partner to Bring Frictionless Fraud Prevention to The Fintech Industry
Artificial Intelligence Fintech News

Fingerprint and Oscilar Partner to Bring Frictionless Fraud Prevention to The Fintech Industry

PR Newswire
by PR Newswire0
This strategic collaboration combines device intelligence and AI-powered risk decisioning to reduce fraud and enhance the customer experience Fingerprint, the world’s most accurate device intelligence platform, is partnering with Oscilar, a trailblazer in AI-driven risk and fraud management, to empower fintech companies with advanced fraud prevention and detection capabilities while ensuring a frictionless customer experience. Cumulative online......
Socure Unveils the Industry's Most Accurate AI-Powered Global Watchlist Screening and Monitoring Solution
News Security

Socure Unveils the Industry’s Most Accurate AI-Powered Global Watchlist Screening and Monitoring Solution

PR Newswire
by PR Newswire0
Socure, the leading provider of artificial intelligence for digital identity verification, sanctions screening, and fraud prevention, unveiled the industry’s most accurate AI-powered global watchlist screening and monitoring solution. The solution enables financial institutions to accurately screen, monitor, and assess new and existing customers against the Office of Foreign Assets Control (OFAC) sanction......
Elevations Credit Union Launches with Alkami's Online Retail, Business and Mobile Banking
Banking News

Elevations Credit Union Launches with Alkami’s Online Retail, Business and Mobile Banking

Fintech News Desk
by Fintech News Desk0
Member base will now benefit from Alkami’s single platform for retail, business and mobile By Global FinTech Series News Desk Alkami Technology, Inc, a leading cloud-based digital banking solutions provider for financial institutions in the U.S., announced that Elevations Credit Union has launched Alkami’s online business and retail banking platform.......
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