Finextra

JULY 23, 2024

Global fraud and financial crime prevention company, Featurespace, has partnered with OrboGraph, supplier of check processing automation and fraud detection software and services, to better protect the financial services industry from check fraud.

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Fraud Detection Financial Crimes Crime Checks 52

The Nilson Report

SEPTEMBER 23, 2024

The post Zest AI Debuts AI-Powered Fraud Detection for Lenders appeared first on Nilson Report.

Fraud Detection 52

Fraud Detection AI Posting 52

Finextra

JULY 29, 2024

NTT DATA, a global leader in business and technology services, today announced its strategic partnership with Lynx Tech, a revolutionary fintech company specialising in AI-driven fraud detection.

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Fraud Detection AI FinTech Technology 52

Fraud.net

MAY 30, 2024

Discover the complexities & challenges of fraud detection in banking. Learn actionable solutions to combat evolving threats in finance.

Fraud Detection 52

Fraud Detection Finance Identity Theft Verification 52

The Fintech Times

JUNE 24, 2024

The partnership aims to improve payments through features like card as a service, real-time payment processing, as well as advanced fraud detection. The post New Euronet and Fintech Galaxy Partnership Enhances Fraud Detection in Open Banking appeared first on The Fintech Times.

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Fraud Detection FinTech Financial Inclusion Real Time Payments 59

Fintech News

FEBRUARY 4, 2024

It promises to deliver improved fraud detection rates by an average of 20% and up to 300% in certain cases, thanks to its ability to process and enhance the overall DI score within a remarkable timeframe of less than 50 milliseconds.

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Fraud Detection Visa AI Payments 86

Fraud.net

MARCH 29, 2024

Discover advanced fraud detection systems used by banks and explore the solutions offered by Fraud.net for proactive fraud prevention.

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Fraud Detection Fraud Prevention Identity Theft Account Takeovers 52

The Paypers

JUNE 14, 2024

US-based Oscilar , a provider of AI-driven risk management solutions, has released AI-powered ACH fraud detection amid a rapid growth in ACH transactions.

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Fraud Detection ACH AI Risk Management 45

The Fintech Times

JULY 29, 2024

Lynx Tech , the fintech specialising in AI-driven fraud detection, is scaling its solutions across the UK and European markets as it has identified NTT Data , the business and tech services provider, as the perfect partner to take the business forward. With the fraud detection firm monitoring 99.5

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Fraud Detection Fraud Prevention Scams Regulations 59

Finextra

JUNE 11, 2024

The use of AI in banking fraud detection is becoming more and more popular. Indeed, the statistics s.

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Fraud Detection AI Innovation FinTech 64

Fintech Finance

MAY 30, 2024

Pay.UK , the independent, not-for-profit operator of the UK’s national retail payments system including Faster Payments, Bacs and Direct Debit, can today announce the results of its pioneering fraud detection and prevention pilot in collaboration with partners Visa , Synectics Solutions and Featurespace.

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Fraud Detection Overlay Service Crime Scams 52

Fraud.net

OCTOBER 13, 2023

Discover how financial institutions and fintechs can enhance fraud detection by incorporating AI/ML into rules-based fraud detection models.

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Fraud Detection Rules AI FinTech 52

Core

MARCH 19, 2024

The solution: robust government fraud detection mechanisms for payment systems. Here’s what compliance managers and auditors need to know to strengthen internal fraud prevention and safeguard public funds. When fraud persists for over five years, the average loss increases to $800,000.

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Fraud Detection Government Governance Compliance 52

The Paypers

MAY 30, 2024

has announced that its fraud detection and prevention pilot has a 40% increase in detection, potentially saving GBP 112 million yearly. Payment systems operator Pay.UK

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Fraud Detection Payments 41

Fintech Finance

MAY 22, 2024

The post Mastercard Accelerates Card Fraud Detection With Generative-AI Technology appeared first on Fintech Finance.

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Fraud Detection Visa AI Technology 97

Nomentia

FEBRUARY 20, 2024

One such application is the detection of payment fraud. Before diving into the use of AI and ML in fraud detection, it is important to address these two technologies separately since they are not the same.

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Fraud Detection Use Case AI Payments 59

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

Fintech Finance

MAY 29, 2024

In practice, Form3’s technology connects with Currencycloud’s customers via a simple API, to enable routing capabilities to drive its Payee Requester Services activity, reducing payment misdirection and increasing fraud detection. Today’s announcement follows Form3’s commercial partnership with Visa , announced in September 2023.

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Payee Fraud Detection Fraud Prevention Multi-Currency 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

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 Rules FinTech 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

Finextra

SEPTEMBER 10, 2024

NASDAQ: SOFI), is delivering fintechs, banks and businesses new ways to fight fraud with the launch of Galileo Instant Verification Engine (GIVE) and Transaction Risk GScore. Galileo Financial Technologies, a leading financial technology company and a subsidiary of SoFi Technologies, Inc.

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Fraud Detection Verification Risk Transactions 52

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

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

The Paypers

AUGUST 27, 2024

iDenfy , a regtech solutions provider based in Lithuania, has introduced a new face authentication service aimed at detecting fraudulent biometrics.

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Fraud Detection Authentication 68

Payments Dive

JULY 2, 2024

Research from the investment bank Jefferies suggests generative artificial intelligence could be used in the payments industry to improve fraud detection and make transactions happen faster.

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Fraud Detection AI Payments Research 179

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

Finextra

OCTOBER 10, 2024

Fraudulent activities within the financial services sector have escalated into a significant concern.

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Fraud Detection Risk Management Risk AI 59

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

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

Fintech Finance

SEPTEMBER 26, 2024

Justt , a leader in AI-powered chargeback mitigation, today announced a strategic partnership with Ravelin , a global provider of AI-native fraud detection and prevention solutions.

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Fraud Prevention Fraud Detection AI Disputes 98

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

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.

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Fraud Detection Financial Crimes Crime Risk Management 28

The Paypers

AUGUST 23, 2024

Sift, an AI fraud protection platform that safeguards digital trust, has introduced ThreatClusters, an innovative data science solution for detecting fraud.

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Fraud Detection AI Innovation 36

The Payments Association

SEPTEMBER 20, 2024

How open banking can reshape finance, enabling personalised services, streamlined verification, and improved fraud detection. Read more

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Fintech Finance

OCTOBER 16, 2024

Swift today announced that it is rolling out new AI-enhanced fraud detection to help the global payments industry step up its defence as bad actors grow increasingly sophisticated. The group has so far developed a number of fraud detection use cases which are set to be tested in a sandbox environment.

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