Seon

APRIL 23, 2024

In an era where digital transitions are omnipresent, the menace of online fraud and money laundering is continuously escalating, necessitating advanced solutions that enable organizations to stay ahead and mitigate activities across diverse industries. How Does Fraud Risk Management Work?

Risk Management 40

Risk Management Risk Technology Fraud Detection 40

Fraud.net

DECEMBER 4, 2023

Learn how to utilize Fraud.net’s fraud prevention maturity model to optimize your risk management strategy and leverage machine learning.

Fraud Prevention 52

Fraud Prevention Risk Management Risk Money Laundering 52

Seon

SEPTEMBER 20, 2024

SEON recently brought together industry leaders from the online lending space to discuss the evolving landscape of fraud prevention and risk management. The Changing Face of Fraud In what many describe as an “unpredictable era,” lenders are collectively challenged to stay ahead of increasingly sophisticated fraudsters.

Risk 52

Risk Fraud Prevention Deepfake Risk Management 52

Fi911

JULY 8, 2024

This makes it imperative for businesses to stay ahead with robust fraud detection and prevention strategies. Acquiring banks have a vested interest in helping their merchant clients stop eCommerce fraud, as it directly impacts the financial stability and reputation of both parties.

Account Takeovers 87

Account Takeovers Fraud Detection Phishing Fraud Prevention 87

PYMNTS

SEPTEMBER 14, 2016

That’s the topic of a recent whitepaper by ACI, which advocates that being “immediate” also means adopting a proactive, enterprise mindset towards fraud prevention and a willingness to invest across a number of fronts, from monitoring tools to staff training. Firms should strive for incremental improvements across the enterprise.

Fraud Prevention 77

Fraud Prevention Faster Payments Push-to-Card Payments 77

PYMNTS

MARCH 22, 2018

Fraud detection startup Sift Science has raised $53 million in a series D round, bringing its total amount raised to $107 million. Founded in 2011, Sift Science plans to use this latest round of funding to grow its fraud detection and prevention product globally. For example, Palo Alto-based Simility received $17.5

Fraud Prevention 43

Fraud Prevention Fraud Detection Account Takeovers Data Breach 43

Seon

JULY 10, 2024

However, the two often overlap, as both contribute to an organization’s overall risk management and compliance efforts. Fraud Monitoring Versus Fraud Transaction Monitoring The difference between fraud monitoring and fraud transaction monitoring lies in the scope and focus of the monitoring activities.

Transactions 52

Transactions Fraud Prevention Regulatory Compliance Payments 52

Fraud.net

NOVEMBER 20, 2023

Transaction monitoring has evolved from a rules-based approach to an effective way to mitigate the risks of money-laundering and fraud.

Risk Management 52

Risk Management Money Laundering Transactions Risk 52

Fi911

JUNE 4, 2024

The main responsibility of a chargeback analyst includes interpreting chargeback data to assist with the resolution of client disputes and eliminating the factors that might trigger chargeback risks. This data can be used to develop better fraud prevention strategies and enhance the overall business operations.

Disputes 74

Disputes Fraud Prevention Compliance Processors 74

The Fintech Times

SEPTEMBER 26, 2024

Industry movers Creditinfo, a global service provider for credit information and risk management solutions, appoints Charles De Winnaar as its global head of sales strategy and sales operations. The Fintech Times Bi-Weekly News Roundup takes a look at the latest fintech stories from around the world on Thursday 26 September 2024.

FinTech 64

FinTech Payment APIs and Integration Fraud Detection Fraud Prevention 64

Seon

JANUARY 29, 2024

Account Takeover Fraud Detection While it can be challenging to catch ATO attempts, these attacks can be detected by monitoring for out-of-the-ordinary account behavior. Deploying end-to-end fraud prevention and detection software helps you keep track of user activity and helps you spot suspicious patterns.

Account Takeovers 52

Account Takeovers Accounts Fraud Prevention Fraud Detection 52

Finovate

APRIL 1, 2024

When it comes to building in-house, anti-fraud AI models, larger FIs are able to leverage their data in ways that smaller firms cannot. ” One of the more refreshing takeaways from the Treasury report relates to the “arms race” nature of fraud prevention.

Treasury 64

Treasury Cybersecurity AI Risk 64

PYMNTS

OCTOBER 1, 2020

Kount , the Boise, Idaho-based Software as a Service (SaaS) platform designed to simplify fraud detection and improve profitability, announced it has partnered with Verifi , the payment protection and management company.

Disputes 73

Disputes Fraud Detection Fraud Prevention Risk Management 73

FICO

APRIL 5, 2022

FICO's cloud fraud solutions have delivered a 15 percent cost reduction per customer account and a 20 percent improvement in fraud detection for online transactions. Itaú manages approximately a third of all credit cards issued in Brazil,” said Ulisses Okamoto, Fraud Risk Management Superintendent at Itaú Unibanco. “We

Fraud Detection 52

Fraud Detection Fraud Prevention Online and Mobile Banking Push-to-Card 52

Exact Payments

FEBRUARY 5, 2024

Risk Management: A Balancing Act In the realm of payment processing, risk is an ever-present factor. They should offer robust fraud detection tools, real-time transaction monitoring, tokenization, and encryption protocols that safeguard sensitive data. The integrated payments landscape is continually evolving.

Payment APIs and Integration 52

Payment APIs and Integration Process Payments Risk Management 52

Nanonets

AUGUST 16, 2024

Artificial Intelligence (AI) AI is particularly brilliant at handling complex tasks like fraud detection, risk assessment, and claims adjudication. Advanced AI systems can cross-check claim details against policy data, third-party databases, and historical claim records to detect anomalies and assess the validity of claims.

Automation 52

Automation Process Fraud Detection Payment APIs and Integration 52

Fintech Finance

MAY 30, 2024

The tests could lead to the wider use of information sharing in fraud detection, building on its success in assessing cybersecurity threats. These pilots are rooted in responsible use of AI and are aligned with emerging global standards, such as ISO 42001, the NIST AI Risk Management Framework and the EU AI Act.

Cross-Border Payments 64

Cross-Border Payments Cross-Border SWIFT AI 64

FICO

MARCH 25, 2022

While it may seem like an esoteric topic, explainability in fraud management is important – and it’s especially relevant when it comes to using AI and machine learning in fraud detection and prevention. Effective Fraud Management Requires Explainable Technology. by TJ Horan.

Fraud Detection 52

Fraud Detection AI Assessments Fraud Prevention 52

Clearly Payments

JANUARY 8, 2024

While these technologies bring unparalleled convenience and global reach, they also introduce a plethora of risks that can impact the financial stability and reputation of businesses. Identifying and Assessing Risks Understanding the lay of the land is the first step in effective risk management.

Risk Management 69

Risk Management Risk PCI DSS Process 69

PYMNTS

MAY 5, 2020

The good news, Pangretic added, is that consumers and businesses are getting better at detecting fraudsters trying to ply their trade across mobile and online transactions. This can really create a proactive communications strategy to significantly decrease the incidence of successful fraud attempts,” said Pangretic.

Fraud Detection 78

Fraud Detection Online and Mobile Banking Scams Issuers 78

Segpay

OCTOBER 18, 2023

To combat transaction laundering, businesses and financial institutions must implement robust anti-money laundering (AML) and fraud prevention measures, regularly monitor transactions, and report suspicious activities to authorities. It can have severe legal and financial consequences for all parties involved.

Transactions 52

Transactions Due Diligence Money Laundering Legal 52

Seon

MAY 10, 2024

Through automating tasks that used to take up much of an analyst’s time, case management systems can quickly highlight and prioritize the most severe alerts. This enables analysts to use their time effectively, closing alerts more swiftly and improving their risk management.

AML 52

AML Money Laundering SARS Suspicious Activity Report (SAR) 52

Nanonets

DECEMBER 25, 2023

Real-time Fraud Detection The healthcare industry is, unfortunately, susceptible to fraudulent activities, and AI provides a robust defense mechanism. Predictive Analytics for Resource Optimization AI's predictive analytics capabilities extend beyond fraud detection.

AI 59

AI Process Payer Fraud Detection 59

FICO

JUNE 15, 2023

Now, I can practically send, transfer, or pay by accident by simply looking at my smartphone, which can make fraud prevention a real challenge. Our report opened my eyes because 77% of consumers worldwide say they want their banks to implement better fraud detection in general. TJ holds a B.S.

Scams 52

Scams Real Time Payments Smishing Same Day ACH 52

FICO

AUGUST 3, 2022

For payments, risk, fraud prevention and financial crimes professionals, FICO World 2022 delivered a wealth of information on rapidly emerging trends and solutions. Innovative Customer Communications for Fraud. Global Fraud Trends: What’s Happening and What’s Next? A Greatest Hits Compilation. TJ holds a B.S.

Financial Crimes 52

Financial Crimes Crime Scams Bots 52

Payment Savvy

MAY 11, 2023

These measures include encryption, fraud detection, and risk management. The core rules are updated regularly to reflect changes in the payment industry and to ensure the safety and security of the Visa payment network.

Rules 52

Rules PCI DSS Disputes Payment Networks 52

Core

FEBRUARY 6, 2024

The digitization of public financial systems introduces new challenges for online payment fraud prevention. Because public financial systems involve essential funds and taxpayer dollars, dedicated government fraud detection systems are paramount to combat fraud—and ensure government accountability.

Best Practices 52

Best Practices Government Governance Fraud Prevention 52

The Fintech Times

AUGUST 29, 2024

Cashfree Payments , the Indian paytech and API banking solutions provider, has launched Secure ID, its end-to-end solution for identity verification, risk assessment and fraud prevention. ” Ensuring growth in line with regulations The extent of Secure ID can be seen by the brands using it. With UIDAI recording 1.96

Checks 69

Checks Risk Assessment Security Payment APIs and Integration 69

Seon

JUNE 29, 2023

Depending on each organization’s risk tolerance, this may be where parties associated with the suspicious transaction are subjected to further security checks or trigger a more comprehensive manual review by risk teams. Ask an Expert What Does KYT Mean for AML Compliance?

Transactions 52

Transactions Due Diligence Money Laundering AML 52

Fraud.net

JANUARY 19, 2024

Fraud.net is thrilled to announce its inclusion in Mirror Review magazine’s “10 Best CyberSecurity Companies to Watch in 2024."

Cybersecurity 119

Cybersecurity Fraud Detection Fraud Prevention Risk Management 119

Fintech Finance

MARCH 27, 2024

Today, Visa (NYSE:V), a leader in digital payments, announced continued expansion of its global value-added services business with the addition of three new AI-powered risk and fraud prevention solutions. Security and fraud prevention are fundamental to Visa.

AI 52

AI Product Fraud Prevention Value Added Service 52

EBizCharge

JULY 16, 2024

This article will explore the essential aspects of staying compliant with NACHA rules, such as risk management, data security, authorization protocols, and more, to help institutions maintain the highest standards of operational integrity and customer trust. What is NACHA?

NACHA 52

NACHA Nacha Rules ACH Network ACH 52

Fraud.net

AUGUST 23, 2024

Fraud.net is thrilled to announce our win of the Datos Insights Award for Joint AML and Fraud Transaction Monitoring Solution. Learn more.

AML 52

AML Transactions Money Laundering Fraud Detection 52

The Fintech Times

SEPTEMBER 19, 2024

Whenever we discuss fraud prevention strategies or solutions, it is always clear that while new technologies could potentially help protect firms from attacks, the very same tech is being leveraged by cybercriminals to achieve the opposite result.

Risk 59

Risk Financial Crimes AML Risk Management 59

Fraud.net

JUNE 24, 2024

Fraud.net is thrilled to announce that our co-founder Cathy Ross is a 2024 American Banker Most Influential Woman in Fintech. Learn more.

FinTech 59

FinTech Fraud Detection Fraud Prevention Risk Management 59

Fraud.net

JUNE 19, 2024

Whitney Anderson is a 2024 Cybersecurity pundit, available to media outlets globally for fraud management and prevention expertise.

Cybersecurity 52

Cybersecurity Fraud Detection Fraud Prevention Risk Management 52

Payments Source

JUNE 30, 2020

Tia Ilori, Senior Director of global fraud and breach investigations at Visa, joins us to talk with Michael Moeser, PaymentsSource's senior analyst, about the new attacks and fraud trends that have emerged since the start of the pandemic.

Breach 122

Breach Fraud Detection Fraud Prevention Risk Management 122