Fintech News

JUNE 17, 2025

Sumsub said the solution is particularly useful in high-risk sectors like crypto, fintech, banking, and e-commerce, where early detection can prevent financial losses and protect platform integrity. Andrew Novoselsky “We are combining our own technology with Fingerprint, a leader in device intelligence.

Fraud Prevention 68

Fraud Prevention Monetary Loss Account Takeovers Fraud Detection 68

The Payments Association

FEBRUARY 10, 2025

It highlights new corporate responsibilities, significant penalties for non-compliance, and the businesses need to implement strong fraud prevention measures to protect their financial and reputational standing. For large, multinational corporations, this might mean sophisticated fraud detection systems and detailed compliance programmes.

Crime 88

Crime Fraud Prevention Risk Assessment Due Diligence 88

The Fintech Times

FEBRUARY 19, 2025

.” Risks of automation dependance Sharing a similar view, Adam Ennamli , chief risk and security officer at General Bank of Canada , added: “Failures can have existential consequences, from significant monetary losses to complete loss of market trust and regulatory penalties.

AI 64

AI Monetary Loss Risk Automation 64

PayHawk

AUGUST 29, 2023

Beyond the monetary loss, there’s a risk of eroding the hard-earned trust of your patrons. Facing and Fortifying Against Challenges As businesses sway to the rhythm of the digital age, challenges like data breaches and fraud attempts occasionally disrupt the flow.

Process 52

Process Security PCI DSS Payments 52