Fintech Finance

MARCH 18, 2024

Stratyfy will be joining FIS on the panel “Advancing The Blueprint For Fraud Protection In Modern Banking” at CBA Live on Monday, March 25th, at 8 a.m. The post FIS Offers Greater Card Fraud Detection Through New Artificial Intelligence Collaboration appeared first on Fintech Finance.

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Fraud Detection Transactions FinTech Rules 59

The Nilson Report

JANUARY 25, 2024

The post DataVisor Platform Achieves PCI Compliance for Fraud Detection appeared first on Nilson Report.

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Fraud Detection Compliance Posting PCI DSS 40

FICO

DECEMBER 12, 2022

Network International & FICO Bring MEA Enterprise Fraud Detection. With FICO Falcon Fraud Manager, Network International uses AI and machine learning technology to score transactions across a rapidly expanding array of payment options. The Need for Enterprise-Level Fraud Detection. FICO Admin.

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Fraud Detection AI Fraud Prevention Non-Bank 52

The Paypers

MAY 16, 2023

Financial crime intelligence company ComplyAdvantage has launched a Fraud Detection solution that uses machine learning algorithms to detect and prevent transaction fraud.

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Fraud Detection Financial Crimes Crime Transactions 36

The Paypers

DECEMBER 23, 2022

Google India has announced a series of new fraud-detection techniques designed to make digital payments on Google Pay UPI platform more secure.

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Fraud Detection Digital Payments Security Payments 41

FICO

JULY 31, 2018

This is the fifth in my series on five keys to using AI and machine learning in fraud detection. For continual performance improvement, fraud detection professionals should consider adaptive technologies designed to sharpen responses, particularly on marginal decisions. What Do You Need Besides the 5 Keys?

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Fraud Detection AI Fed Transactions 88

The Paypers

MARCH 22, 2023

Credit card processor Zeta has partnered with fraud prevention company Featurespace to deliver a credit card processing and fraud detection solution for US-based issuers.

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Fraud Detection Credit Cards Issuers Card Issuer 36

The Paypers

JANUARY 26, 2023

Global Open Finance technology provider Brankas has partnered with AI digital identity services provider Element to add fraud detection solutions for Open Finance offerings.

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Fraud Detection Finance AI Service Provider 36

The Paypers

JULY 19, 2023

US-based RiskOps platform for financial risk management Feedzai has introduced the Railgun fraud detection engine to tackle financial crime.

Fraud Detection 28

Fraud Detection Financial Crimes Crime Risk Management 28

PYMNTS

SEPTEMBER 17, 2019

DataVisor has announced the launch of its new Feature Platform, which automates fraud detection through the use of artificial intelligence and machine learning data capabilities.

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Fraud Detection Automation Use Case AI 66

CB Insights

JULY 9, 2021

California-based Unit21 is a no-code fraud detection software with use cases across transaction monitoring, identity verification, case management, operations management, analytics, and reporting. The round drew participation from Tiger Global Management, ICONIQ Capital, Gradient Ventures, A. Capital, and South Park Commons.

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Fraud Detection Fraud Prevention Verification Use Case 72

The Paypers

OCTOBER 18, 2022

Global Processing Services (GPS), a global payments technology platform and provider of adaptive behavioural analytics for fraud detection and risk management company, Featurespace , have partnered to create a market issuer processing fraud mitigation solution.

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Fraud Detection Mitigation Issuers Risk Management 36

Bank Automation

APRIL 29, 2024

Jack Henry’s financial institution clients can tap into the tech provider’s direct API connection to benefit from data aggregation, personal financial management and fraud detection tools, Nicole Harper, director of corporate strategy at Jack Henry, told Bank […]

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Financial Literacy Fraud Detection API Technology 120

Bank Automation

MAY 2, 2024

Card giants Mastercard and Visa leaned into AI and generative AI for fraud detection in the first quarter. “We continue to enhance our solutions with generative AI to deliver even more value,” Chief Executive Michael Miebach said during Mastercard’s May 1 earnings call.

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AI Visa Fraud Detection Continuity 116

CB Insights

MAY 18, 2021

The post Stripe Acquires Bouncer To Integrate Card Authentication Into Its Fraud Detection Platform appeared first on CB Insights Research. Want the full post? Become a CB Insights customer. If you’re already a customer, log in here.

Fraud Detection 74

Fraud Detection Authentication Acquirers Risk Assessment 74

Finextra

MAY 6, 2024

Welcome to the Dawn of Enhanced Fraud Detection. In the modern era of digitalisation, financial tra.

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Fraud Detection Payments 105

The Paypers

OCTOBER 19, 2021

US-based identity solutions company Ping Identity has augmented its PingOne Cloud Platform with new online fraud detection capabilities for enterprise cloud security.

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Fraud Detection Security 34

FICO

JULY 10, 2018

This is the second in my series on five keys to using AI and machine learning in fraud detection. This is a key component of helping financial institutions anticipate individual behaviors and execute fraud detection strategies, at scale, which distinguish both legitimate and illicit behavior changes.

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Fraud Detection Duplicate AI Transactions 40

Payments Source

AUGUST 12, 2020

The rapid move online boosts false positives, false negatives and actual fraud, says Adara's Nguyen Nguyen.

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Fraud Detection Risk Digital Payments Payments 127

Payments Dive

AUGUST 2, 2019

While data shows that credit card fraud has decreased from the standpoint of payment volume, there remains a concern in the industry that cybercriminals are using sophisticated methods of changing tactics to avoid detection and put consumer payment information at risk.

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Fraud Detection Credit Cards Volume Payments 153

FICO

JULY 24, 2018

This is the fourth in my series on five keys to using AI and machine learning in fraud detection. In fraud detection, a model will benefit from the experience gained by ingesting millions or billions of examples, consisting of both legitimate and fraudulent transactions.

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Fraud Detection Card Issuer AI Research 49

PYMNTS

JUNE 2, 2017

First Data, the global commerce-enabling technology company, announced Thursday (June 1) the launch of Fraud Detect, a fraud solution for merchants around the world. According to First Data, using artificial intelligence, Fraud Detect analyzes vast data sets to identify fraud and potential chargebacks.

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Fraud Detection AI Cybersecurity Encryption 43

PYMNTS

MAY 28, 2020

Digital-fraud-protection company Kount said Thursday (May 28) that Mercator Advisory Group has named it the best eCommerce Fraud Detection Solution from among more than 40 products ranked.

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Fraud Detection Fraud Prevention Account Takeovers Bots 52

PYMNTS

NOVEMBER 12, 2019

PULSE , the debit/ATM network that operates as a Discover Financial Services company, said in a press release that it has adopted the FICO Falcon Platform to bring new fraud detection services to its network of more than 4,100 debit issuers. Among the features is real-time scoring. percent in 2017 to 6.7 billion transactions.

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Fraud Detection Debit Network Issuers Risk Mitigation 40

PYMNTS

JUNE 11, 2020

Fraud detection software platform NS8 has closed a Series A funding round for $123 million, led by Lightspeed Venture Partners , a press release states. The software utilizes real-time data analytics and real-time scoring to help merchants snuff out fraud and deliver seamless transactions, the press release says.

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Fraud Detection Fraud Prevention Bots Advisors 60

Finextra

MARCH 18, 2024

Global financial technology leader FIS (NYSE: FIS) has today announced that its SecurLOCK card fraud management solution is poised to deliver an increase in accurately identified and prevented fraudulent card transactions utilizing a new collaboration with FIS Fintech Accelerator alumnus Stratyfy.

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Fraud Detection AI FinTech Transactions 52

The Paypers

MARCH 16, 2022

US-based Incognia has rolled out new location identity fraud detection modules to support mobile app security across finserv, social network, and more.

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Fraud Detection Security 28

Payments Source

MAY 3, 2016

After planting its roots firmly in data encryption and enterprise content management for Payment Card Industry security compliance, Hyland has turned its attention toward fraud detection.

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Fraud Detection Encryption Data Encryption Compliance 63

The Paypers

JULY 8, 2021

UK-based Quantexa has launched the latest version of its Contextual Monitoring and Investigations solution for financial crime and fraud detection and investigation.

Fraud Detection 28

Fraud Detection Financial Crimes Crime 28

The Paypers

OCTOBER 22, 2020

US-based private identity company Incognia has announced the launch of its fraud detection solution leveraging QR codes for contactless payments.

Fraud Detection 36

Fraud Detection Contactless Payments Payments 36

The Paypers

JUNE 4, 2021

Hong Kong-based forensic fintech company Austreme has been granted a patent for its ecommerce card testing fraud detection system.

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Fraud Detection Technology FinTech 39

FICO

SEPTEMBER 11, 2018

Other corporate cards are used very infrequently, which may make it harder to detect suspicious fraudulent behaviors, since these cards lack full, deep behavioral profiles. Collaborative profiling has been used with great success in other FICO models such as anti-money laundering , c ybersecurity and fraud detection.

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Fraud Detection Credit Cards Cross-Border Money Laundering 45

The Payments Association

FEBRUARY 19, 2024

Artificial intelligence’s impact on the payments landscape is nothing short of transformative – from personalised customer experiences and seamless cross-border transactions to enhanced security and prompt fraud detection, AI-driven innovations […] Read more

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AI Transactions Fraud Detection Cross-Border 88

The Paypers

OCTOBER 19, 2021

Hungary-based fraud prevention company SEON has updated its fraud detection solution with new capacities that augment fraud detection while reducing false positives.

Fraud Detection 28

Fraud Detection Fraud Prevention 28

FICO

JUNE 20, 2018

In a recent blog post , I discussed how FICO is fighting application fraud by leveraging artificial intelligence (AI) and machine learning in fraud detection, including an overview of supervised, unsupervised, and adaptive analytics techniques and the need to balance transparency (explainable AI) with predictiveness.

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Fraud Detection Identity Theft AI Fraud Prevention 55

FICO

JULY 17, 2018

This is the third in my series on five keys to using AI and machine learning in fraud detection. While human behavior may appear to be a universal concept, the ability to effectively detect anomalous behavior in one domain is not an indication of effectiveness in another. there are generalists and specialists.

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Fraud Detection Assessments AI Real Time Payments 40

PYMNTS

JUNE 13, 2019

The bank implemented a data-based fraud detection initiative in 2018 to help combat this problem with false positives. Fraud is like looking for needles in a haystack,” Sieczkowski explained. It’s likely that fraudsters will become more sophisticated at the same rate that banks implement smarter fraud detection methods.

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Fraud Detection AI Money Laundering Fraud Prevention 51