Tag : Payments Fraud

Visa to Acquire Featurespace
Artificial Intelligence Digital Payments News Risk Management

Visa to Acquire Featurespace

Business Wire
by Business Wire0
Featurespace’s deep tech origins, combined with Visa’s digital payments leadership, poised to strengthen global fraud protections Visa announced it has signed a definitive agreement to acquire Featurespace, a developer of real-time artificial intelligence (AI) payments protection technology that prevents and mitigates payments fraud and financial crime risks. The acquisition of......
Enhanced Communications is Key to Payments Fraud
Digital Wallet Guest Posts Payment gateways

Enhanced Communications is Key to Payments Fraud and Security Measures

Gregg Aamoth
by Gregg Aamoth0
Everyday there’s a new story about fraud across industries. Whether it’s a ransomware attack, hacking private data, an information leak or something as simple as using stolen credit card information, more bad actors are on the streets now than ever before. That has become more evident over the years in......
Staying Ahead of Payments Fraud with Artificial Intelligence
Artificial Intelligence Digital Payments Guest Posts

Staying Ahead of Payments Fraud with Artificial Intelligence

Debbie Guerra
by Debbie Guerra0
The rise of real-time payments across the world has contributed billions to the global economy and acted as a strong positive force of financial inclusion for underserved communities. The U.S. is currently at an inflection point, as July’s launch of the Federal Reserve’s FedNow Service is expected to support much......
Acrisure Has Protected $5 Billion in Clients’ Real Estate Transactions Using CertifID’s Technology Solution
Digital Payments Fintech News Security

Acrisure Has Protected $5 Billion in Clients’ Real Estate Transactions Using CertifID’s Technology Solution

Business Wire
by Business Wire0
CertifID, a leading wire fraud protection company, announced that it has been chosen by Acrisure, a global Fintech leader, to protect its Title Insurance clients from payments fraud. The preferred partnership includes CertifID’s fraud detection software, access to fraud recovery services, and up to $1M in payment insurance on every......
PaymentWorks Announces Inaugural Vendor Management Appreciation Day
Digital Payments News

PaymentWorks Announces Inaugural Vendor Management Appreciation Day

Fintech News Desk
by Fintech News Desk0
December 12, 2023 to Honor Vendor Management Professionals PaymentWorks, the digital supplier onboarding platform for secure, compliant and optimized business payments, announced the establishment of Vendor Management Appreciation Day on December 12, 2023. This holiday, coined by PaymentWorks, aims to celebrate and elevate the indispensable contributions of vendor management staff......
Six Ways Fraudsters Are Using Generative AI to Commit Fraud
Artificial Intelligence Compliance management Digital Guest Posts

Six Ways Fraudsters Are Using Generative AI to Commit Fraud

Oliver Tearle
by Oliver Tearle0
Generative artificial intelligence (AI) has already had a pervasive impact on our lives, with many experts sharing their opinions on the technology’s industry changing commercial potential and how it might be used in future. I recently shared my thoughts on how the technology would change the payments industry, but while there are......
Galileo to Power Fintech Pomelo’s ‘Remit Now, Pay Later’ Credit Card to Boost Financial Access
Fintech News

Galileo to Power Fintech Pomelo’s ‘Remit Now, Pay Later’ Credit Card to Boost Financial Access

Fintech News Desk
by Fintech News Desk0
Pomelo will tap Galileo’s flexible API-enabled platform for first of its kind combined credit and U.S.-based international money transfer service Galileo Financial Technologies, LLC, a leading financial technology company owned and operated independently by SoFi Technologies, Inc., announced that its API-enabled financial technology powers Pomelo, a new charge card that......
EML Open Banking Uncovers A 37% Increase In Payment Declines Following SCA Implementation
Banking Digital Payments News

EML Open Banking Uncovers A 37% Increase In Payment Declines Following SCA Implementation

Fintech News Desk
by Fintech News Desk0
99% of merchants have seen an increase of at least 5% in payment declines (with an average 37% decline) following the introduction of Strong Customer Authentication; a third (35%) saw payments fraud jump since the start of the pandemic. Nuapay (EML Payments Limited’s Open Banking business), has revealed that U.K.......
Fintech News Risk Management

Play Digital Selects Featurespace to Defend Against Payments Fraud on Newly Launched Platform

Fintech News Desk
by Fintech News Desk0
Featurespace™, the leading provider of Enterprise Financial Crime prevention software, announced that Play Digital, the new fintech created by Santander, Galicia and BBVA, has chosen its ARIC™ Risk Hub to protect its new payments platform MODO from fraud. This is a new digital payment solution endorsed by more than 30 public, private and......
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