Tag : Fraud

FundingShield Q1 2025 Wire Fraud Risk Report Showing Nearly Half of Transactions at Risk
Fintech News Risk Management

FundingShield Q1 2025 Wire Fraud Risk Report Showing Nearly Half of Transactions at Risk

Business Wire
by Business Wire0
During Q1 2025 46.8% percent of transactions on a ~$80bn portfolio comprising of residential, commercial and business purpose loans had issues leading to a risk of wire & title fraud. On average, problematic loans had 2.5 issues per loan which is a new record, indicating the lack of appropriate controls......
Persona Unveils Industry-First Business Fraud Prevention Solution
Business Fintech News Security

Persona Unveils Industry-First Business Fraud Prevention Solution

PR Newswire
by PR Newswire0
New solution strengthen defenses against rising business impersonation and fraud rings Persona, a leading global identity platform, announced the next generation of their unified KYC-KYB platform that will combat sophisticated fraud during business onboarding and throughout the business lifecycle. These enhancements deliver unprecedented insights into both businesses and the individuals behind them,......
Payments Veteran Tina Giorgio Joins BalancedTrust Executive Team
Banking Digital Payments News Risk Management

Payments Veteran Tina Giorgio Joins BalancedTrust Executive Team

EIN Presswire
by EIN Presswire0
Giorgio’s expertise includes payment systems, digital banking, risk and fraud, vendor management, marketing, and client service. In addition, Giorgio has served on several boards and committees with the Federal Reserve, NACHA, and other industry organizations. In her most recent roles, Giorgio served at president and CEO of ICBA Payments and......
Unit21 Launches New Solution to Stop Scammers in Their Tracks, Providing a Multi-Layer Defense to Detect Scams and Prevent Financial Losses
Compliance management Fintech News Risk Management

Unit21 Launches New Solution to Stop Scammers in Their Tracks, Providing a Multi-Layer Defense to Detect Scams and Prevent Financial Losses

Business Wire
by Business Wire0
Unit21, a global risk and compliance technology leader that proactively mitigates risks tied to fraud, money laundering, and other financial crimes, announced the launch of its new scams solution that helps financial institutions and fintechs detect and stop scams before they cause financial harm. “Our customers can now access our......
New Global Survey Shows Nearly Half of Financial Services Executives Struggling to Manage Credit Risk and Detect and Prevent Fraud
Finance Fintech News Risk Management

New Global Survey Shows Nearly Half of Financial Services Executives Struggling to Manage Credit Risk and Detect and Prevent Fraud

Business Wire
by Business Wire0
AI is playing a prominent role in the revamp of credit risk decisioning and fraud prevention strategies in 2025 A new survey shows nearly half of all financial services executives are struggling with managing credit risk and detecting and preventing fraud. The survey also shows many are revamping their credit......
Sardine AI Raises $70M to Make Fraud and Compliance Teams More Productive
Artificial Intelligence Commerce Compliance management Digital Payments Finance Fintech Fintech Primers Investments Markets News Payment gateways Property Recommended Stock Market Technology

Sardine AI Raises $70M to Make Fraud and Compliance Teams More Productive

Business Wire
by Business Wire0
With over 2.2 billion profiled devices and hundreds of enterprise customers, Sardine is introducing a suite of AI agents for risk teams Sardine, the leading AI risk platform for fraud, compliance, and credit underwriting, today announced a $70 million Series C funding round, bringing the total capital raised to $145......
Global Payments Releases its 2025 Commerce and Payment Trends Report
Artificial Intelligence Digital Payments Finance Fintech News

Global Payments Releases its 2025 Commerce and Payment Trends Report

Business Wire
by Business Wire0
Fifth Annual Report Assesses Impact of AI and Centrality of Payments Technology in Business Operations Global Payments Inc., a leading worldwide provider of payment technology and software solutions, today released its annual Commerce and Payment Trends Report. The 2025 report, based on in-depth discussions with industry experts and a survey......
10x Banking and Alloy Partner to Bring Cloud-Native Risk Decisioning to Financial Services
Banking Cloud Fintech News

10x Banking and Alloy Partner to Bring Cloud-Native Risk Decisioning to Financial Services

PR Newswire
by PR Newswire0
10x Banking, the cloud-native core banking platform, has partnered with Alloy, a leading identity and fraud prevention platform, to deliver a next-generation customer onboarding, perpetual KYC and KYB monitoring, and credit decisioning platform for financial institutions globally. The partnership combines 10x’s pioneering meta core platform with Alloy’s leading solutions for managing identity risk throughout......
RMA’s Annual CRO Survey Reveals Cybersecurity, Fraud, and Rapid Response as Key Banking Risks in 2025
Finance Fintech News

RMA’s Annual CRO Survey Reveals Cybersecurity, Fraud, and Rapid Response as Key Banking Risks in 2025

Business Wire
by Business Wire0
– Cybersecurity Remains the Top Priority for CROs Amid a Fast-Paced, Evolving Risk Landscape- ProSight Financial Association has announced the results of the fourth annual RMA Chief Risk Officer (CRO) Outlook Survey. ProSight, formed from this year’s merger of RMA (Risk Management Association) and BAI, said the survey reveals a......
Unit21’s State of Fraud and AML Report Finds Scams Continue to Strike, While Real-Time Monitoring Shows Real Potential
Compliance management News Risk Management

Unit21’s State of Fraud and AML Report Finds Scams Continue to Strike, While Real-Time Monitoring Shows Real Potential

Business Wire
by Business Wire0
Unit21, a global risk and compliance leader that proactively mitigates risks tied to fraud, money laundering, and other financial crimes, announced the findings of its third annual State of Fraud and AML report at Money2020. “The burden on fraud and AML teams across FIs and fintechs is well known, but what......
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