Seon

JUNE 27, 2024

These advancements have changed the way we approach cybersecurity and fraud detection. AI can generate synthetic identities, create deepfakes and lead other persuasive and difficult-to-detect social engineering tactics. Uncover Complex Fraud Patterns Continuously improve your fraud detection with proven AI insights.

Cybersecurity 52

Cybersecurity Fraud Detection Identity Theft Money Laundering 52

Seon

SEPTEMBER 20, 2024

The rise of artificial intelligence (AI), machine learning (ML) and automation have all added new layers of complexity to fraud prevention at an unprecedented scale. For instance, fraudsters now leverage innovative technologies to create deepfakes, bypassing traditional identity verification methods like document ID checks and biometrics.

Risk 52

Risk Fraud Prevention Deepfake Risk Management 52

Fintech Finance

FEBRUARY 29, 2024

By combining Socure’s accurate and inclusive identity verification and fraud prevention ID+ platform with Trustly’s guaranteed Pay by Bank offering, merchants can onboard users and process payments in one integrated flow. Trustly, with direct banking integrations, provides instant Open Banking payments with transaction guarantees.

Fraud Prevention 52

Fraud Prevention Process FinTech Online and Mobile Banking 52

Finovate

MAY 16, 2024

A 2021 report from FINCEN revealed that false records and forgery are responsible for more than $45 billion in fraud activity annually. Fraudsters also have become more effective at leveraging AI to deploy deepfakes, synthetic identities, and – in the case of document fraud – falsified records.

Authorization 59

Authorization Verification OFAC Deepfake 59

Seon

JUNE 7, 2024

Add in the emergence of deepfake technologies that allow fraudsters to impersonate individuals through manipulated videos or audio, adding an extra layer of authenticity to deceitful tactics, and the landscape of fraud becomes even more difficult to parse.

AI 52

AI Innovation Fraud Prevention Fraud Detection 52

The Fintech Times

DECEMBER 21, 2023

First is an expected uptick in utilising AI for more complex processes, like data analysis and fraud detection. “With new technology, however, comes elevated risks, which will lead financial institutions to adapt their strategies to counter these issues such as new types of fraud, deepfakes and advanced phishing schemes.

Cross-Border Payments 115

Cross-Border Payments Cross-Border Online and Mobile Banking Payments 115

Fintech News

FEBRUARY 18, 2024

This includes the development of proprietary technologies such as workflow builders, liveness and deepfake detection, and mechanisms to adhere to the travel rule. Our technology in behavioural fraud analytics sets us apart in fraud detection.

Verification 115

Verification Travel Rule Multi-Currency Compliance 115

Finovate

AUGUST 14, 2024

The battle against fraud is a never-ending one. From the challenge of AI-powered deepfakes to the sad fact that many of our own bad habits continue to keep fraudsters in business, fintechs are busy developing solutions to help us get and stay at least one step ahead of the bad guys. ” Alex Shootman is CEO.

Credential 64

Credential FinTech Deepfake Fraud Detection 64

PYMNTS

SEPTEMBER 11, 2019

STACK implements various behind-the-scenes procedures — tokenization, identity verification and automated fraud detection, for example — and provides customer-facing options that give users a sense of control and transparency.

Security 45

Security Online and Mobile Banking Deepfake Procedures 45

Finovate

MARCH 13, 2024

The solution gives fraud and risk teams a single tool to manage the transaction monitoring process with provides fewer false positives and more efficient case management. In February, Sumsub launched its deepfake detection solution for video identification, an industry-first, and made its non-doc verification solution available in the U.S.

Verification 59

Verification Blockchain Travel Rule Regulatory Compliance 59

Segpay

NOVEMBER 20, 2023

Referred to as “deepfakes” or “deepnudes,” photos of the faces of real people have been fed into AI algorithms to learn and create realistic images that can be photoshopped into adult videos, making it seem as if the person is performing in those videos. Fraud Detection and Prevention.

AI 52

AI Privacy Fraud Detection Indemnification 52

Finovate

SEPTEMBER 18, 2024

“This strategic partnership will allow CLOWD9 clients to access both a compelling end-to-end identity solution and an AML screening solution with advanced AI-fraud detection capabilities,” CLOWD9 CEO and Co-Founder Suresh Vaghjiani said.

Fraud Detection 64

Fraud Detection Verification Payment APIs and Integration OFAC 64

Finovate

FEBRUARY 29, 2024

On the fraud side, the augmented pay-by-bank solution enhances not only KYC compliance, but also fraud detection and ID verification capabilities, which are crucial in today’s era of advanced deepfakes and synthetic identities.

Deepfake 64

Deepfake Verification Fraud Detection Push-to-Card 64