Tag : Fraud prevention

NICE Actimize Launches Real-Time Money Mule Defense Solution to Detect Illicit Activity Throughout the Entire Customer Lifecycle
Digital Payments News

NICE Actimize Launches Real-Time Money Mule Defense Solution to Detect Illicit Activity Throughout the Entire Customer Lifecycle

Business Wire
Using advanced AI, the solution employs a multi-model execution strategy that utilizes a diverse set of models, techniques, and algorithms to identify and prevent fraud Traditional payments monitoring systems often do not detect money mules’ movements as they secure illicit funds from financial institutions. To address this problem, NICE Actimize, a NICE business,......
Doma and paymints.io Partner to Reduce Wire Fraud and Paper Checks
Digital Payments News

Doma and paymints.io Partner to Reduce Wire Fraud and Paper Checks

Fintech News Desk
Doma Adds Digital Payment Solution Provider paymints.io to Vendor Partnership Program to Benefit Homebuyers, Title and Escrow Professionals Doma Holdings, Inc., a leading force for disruptive change in the real estate industry, announced it has added digital payment solution provider paymints.io to its AgentMarketplace vendor partnership program to reduce the......
Mastercard and Citizens Financial Group Announce Exclusive Payments Partnership
Banking Digital Payments News

Mastercard and Citizens Financial Group Announce Exclusive Payments Partnership

Fintech News Desk
Mastercard and Citizens announced an expanded partnership, making Mastercard the exclusive payments network across Citizens’ credit, debit and commercial portfolios, as well as services provider in the U.S. With shared values and vision, Citizens and Mastercard are united in the goal to provide access, inclusion and innovation to the communities......
Signifyd and commercetools Partner in First-Ever Dynamic Exemption Management Offering
Commerce News

Signifyd and commercetools Partner in First-Ever Dynamic Exemption Management Offering

Fintech News Desk
Enabling fearless conversions for retailers worldwide commerce protection provider Signifyd launched the first plug-in with built-in dynamic exemption for SCA management alongside commercetools, the pioneer and leader in composable commerce. The Signifyd Commerce Protection Platform is now available on the commercetools Integration Marketplace enabling merchants globally to authorise more transactions without fear of financial loss.......
ChicMe Chooses Forter to Optimize Customer Experience and Support New Market Expansion
Commerce News

ChicMe Chooses Forter to Optimize Customer Experience and Support New Market Expansion

Fintech News Desk
ChicMe Chooses Forter to Optimize Customer Experience and Support New Market Expansion Forter, the Trust Platform for digital commerce, announced that ChicMe, a leading online women’s fashion brand, selected Forter to support its global expansion by improving payment processing, reducing fraud and increasing order fulfillment efficiency. As a result of......
authID Deploys Verified Human Factor Authentication Service with Tax Status
Finance News Security

authID Deploys Verified Human Factor Authentication Service with Tax Status

Fintech News Desk
Verified™ stops account takeover with unphishable authentication for Tax Status’ enterprise partners authID, a leading provider of secure identity authentication solutions, announced that Tax Status, a leading provider of official tax data and IRS account monitoring, has launched the full suite of authID’s identity authentication services. Tax Status implemented authID’s......
Economy Insights News

Chargebacks Filed Admitted As A “Friendly” Fraud By 25% Consumers

Fintech Staff Writer
Sift, which is famous as a leader in Digital Trust & Safety, released its Digital Trust & Safety Index for Q4 2022, which found that chargeback dispute rates have risen over 35% since Q1 2022, as everyday consumers increasingly seek to claw back money. This report which is based on......
Conduent Introduces VeriSight Identity Validation and Bank Account Owner Verification Solutions to Combat Fraud and Strengthen Government Aid Programs
Digital Payments Finance News

Conduent Introduces VeriSight Identity Validation and Bank Account Owner Verification Solutions

Fintech News Desk
VeriSight can help federal and state agencies confirm the identities of program beneficiaries Conduent Incorporated, a global technology-led business process solutions company, introduced its VeriSight solutions to help federal and state government agencies combat benefits fraud and strengthen public aid programs nationwide. The VeriSight solutions – an expansion of Conduent’s current capabilities......
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