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Combatting APP fraud: How to build a best-in-class fraud prevention solution

The Payments Association

With traditional systems unable to deal with the agile nature of fraud in today's payments space, new approaches such as 'Collaborative Intelligence' and 'Inbound transaction screening' will be seen as key to further improve fraud prevention for financial institutions.

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Numerated Partners With Alloy To Supercharge Fraud Prevention In Commercial Lending

Fintech Finance

Additionally, 96% of these institutions suffered financial losses due to fraud, with 70% reporting losses exceeding $500k during that period. This underscores the critical need for advanced fraud prevention in the financial sector, a need that Alloy’s platform will directly address within Numerated’s commercial lending solutions.

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Insights from “Why Traditional Fraud Prevention Measures Aren’t Enough”

Seon

With fraud losses estimated to cost global businesses billions annually, the need for effective fraud prevention strategies has never been more critical. The webinar discussed the limitations of traditional fraud prevention methods and the necessity of adopting a more proactive, technology-driven approach.

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Stripe Unveils AI-Powered Tools for Payments, Pricing, and Fraud Prevention

Fintech News

To further combat fraud, Stripe introduced Radar Assistant, an AI-powered tool that allows businesses to set and test new fraud prevention rules using simple language prompts. The post Stripe Unveils AI-Powered Tools for Payments, Pricing, and Fraud Prevention appeared first on Fintech Singapore.

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Interview: Redefining fraud prevention – insights from a former insider

The Payments Association

Tony Sales, a former fraudster turned fraud prevention specialist and co-founder of WeFightFraud, shares his perspective on effective strategies and technologies businesses can use to protect against evolving threats. Read more

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Visa launches AI-powered fraud prevention tools

Finextra

Visa has added a trio of AI-powered risk and fraud prevention tools to its suite of products for businesses.

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Experian adds Sardine tech to fraud prevention suite

Finextra

Experian UK&I today announces a new partnership with Sardine, the leader in behavioural biometrics and device intelligence-based fraud prevention.