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Refinitiv Completes Purchase Of GIACT For Fraud Prevention Expansion

PYMNTS

GIACT works in identity verification, and Refinitiv plans to offer its EPIC platform alongside the company's own World-Check to give customers comprehensive services to address money laundering risks, prevent monetary loss and look out for payments fraud, the two companies said in a news release.

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Pay with TRIO: The E-Commerce Breakthrough with Stablecoins.

Finextra

The global digital payment landscape is experiencing a period of explosive growth, with e-retail sales projected to approach $8 trillion by 2025. Projections indicate that global card fraud losses are expected to reach $40.53 Projections indicate that global card fraud losses are expected to reach $40.53 billion in 2024.

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Pay with TRIO: The E-Commerce Breakthrough.

Finextra

The global digital payment landscape is experiencing a period of explosive growth, with e-retail sales projected to approach $8 trillion by 2025. Projections indicate that global card fraud losses are expected to reach $40.53 Projections indicate that global card fraud losses are expected to reach $40.53 billion in 2024.

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Know Your Customer (KYC): What It Is and How to Comply

Stax

That’s the amount of non-cash payments made in the U.S. Of course, financial criminal activity doesn’t have to just lead to monetary loss—it could also lead to a data breach of customer information. in 2021, according to the Federal Reserve. Meanwhile, in the European Union, it’s estimated to cost between €715 billion to €1.87