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Find here all the latest articles, news, and research on Fraud Detection and other Fraud Detection-related topics:

Find here all the latest articles, news, and research on Fraud Detection and other Fraud Detection-related topics:

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Sift releases new metrics in Fraud Industry Benchmarking Resource

News | Digital Identity, Security & Online Fraud | 15 Nov 2024

Sift,  an AI-powered fraud detection platform has unveiled updated insights for the Fraud Industry Benchmarking Resource (FIBR).

fraud management, fraud detection, fraud prevention, mobile payments, transactions

FinCEN warns financial institutions of deepfake media fraud schemes

News | Digital Identity, Security & Online Fraud | 15 Nov 2024

The US Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) has proceeded with issuing a warning to support financial institutions in identifying fraud schemes involving deepfake media. 

deep fake, AML, fraud management, fraud detection, generative AI, artificial intelligence

How banks can use AI to fight fraud together

Voice of the Industry | Digital Identity, Security & Online Fraud | 15 Nov 2024

As the battle against payments fraud intensifies, Jackie Barwell of ACI Worldwide stresses the need for banks to unite and leverage AI to tackle risks at their source.

fraud detection, identity theft, phishing, deep fake, social engineering

Metro Bank fined nearly GBP 17 million by FCA

News | Online & Mobile Banking | 13 Nov 2024

Metro Bank has been fined nearly GBP 17 million by the UK’s financial watchdog FCA for failings in its money-laundering controls over four years.

banking, fraud detection, fraud management, money laundering, financial services, financial institutions

FBI alerts that hackers are now sending police data requests to steal information

News | Digital Identity, Security & Online Fraud | 11 Nov 2024

The Federal Bureau of Investigation (FBI) has released a public notice alerting that hackers are now gaining private user details from US-based tech firms by sending police data requests.

fraud management, fraud detection, online fraud, hacking, cybercrime

Alkami and Kemba Credit Union to boost digital banking experience

News | Online & Mobile Banking | 11 Nov 2024

Alkami Technology, a cloud-based provider of digital banking solutions, has announced a partnership with Kemba Credit Union.

partnership, digital banking, retail, fraud detection, API

Blackhawk Network shifts to Visa eGift and Mastercard eGift offerings

News | Payments General | 11 Nov 2024

Blackhawk Network (BHN) has partnered with Visa  and Mastercard to launch eGifts in physical retail stores, upgrading convenience for customers.

payments , fraud management, fraud detection, partnership, gift card

IPC partners with LeapXpert for federated messaging governance and compliance

News | Digital Identity, Security & Online Fraud | 08 Nov 2024

IPC has announced its partnership with LeapXpert in order to provide customers and clients with federated messaging governance and compliance.

partnership, compliance, fraud detection, fraud management

Research by Tunic Pay, Opinium shows banks' scam warnings fail to stop customers taking risks to make payments

News | Digital Identity, Security & Online Fraud | 08 Nov 2024

New research by Tunic Pay and Opinium has showed that efforts by banks to add friction to instant transfers as a way to curb scams are ineffective, as customers overlook these measures.

fraud detection, fraud prevention, APP fraud, banks, research

Jumio teams up with LatticeFlow AI to scale fraud prevention and compliance

News | Online & Mobile Banking | 08 Nov 2024

US-based Jumio has entered into a collaboration with LatticeFlow AI to solidify AI-enable identity verification for fraud prevention and compliance. 

partnership, artificial intelligence, fraud prevention, fraud detection, AML, identity verification

Cracking down on refund fraud and promo abuse: protecting your business from costly scams

Voice of the Industry | Digital Identity, Security & Online Fraud | 08 Nov 2024

Irina Ionescu, Senior Editor at The Paypers, deep dives into refund fraud and promo abuse, detailing how businesses can protect themselves from costly scams.

fraud prevention, ecommerce, merchants, promo abuse, refund fraud, refund, marketplace, first-party misuse, SMEs, online shopping, fraud detection, phishing, identity theft, fraud rings

FTC sues fintech company Dave

News | Online & Mobile Banking | 07 Nov 2024

FTC has filed a complaint against Dave for seldom providing the advertised loan amounts and charging consumers a "tip" without an opt-out option.

fraud management, fraud detection, online fraud, transaction fraud, financial institutions

How fraudsters exploit refund policies and how merchants can fight back

Voice of the Industry | Digital Identity, Security & Online Fraud | 07 Nov 2024

Brian Davis, Head of Fraud, delves into the approach taken by fraudsters to exploit refund policies and the methods through which merchants can fight back.

fraud prevention, ecommerce, merchants, refund, refund fraud, data analytics, financial data, online shopping, fraud detection

Top 5 fraud challenges facing financial institutions

Interviews | Digital Identity, Security & Online Fraud | 06 Nov 2024

Discover the top fraud challenges for financial institutions and how AI addresses them in this interview with Yuval Marco, GM of NICE Actimize’s Enterprise Fraud solutions.

fraud detection, financial institutions, APP fraud, account takeover

SCRYPT teams up with P2P.org

News | Digital Identity, Security & Online Fraud | 05 Nov 2024

SCRYPT, a provider of institutional crypto solutions, has partnered with P2P.org to support efficient on-ramp and off-ramp services for token swaps.

fraud detection, fraud management, fraud prevention, fraud platform, partnership

Unit21 explores fraud and AML losses for fintech companies in new report

News | Digital Identity, Security & Online Fraud | 04 Nov 2024

Unit21 has provided an overview of the current and future impacts of fraud and AML across banks and fintechs in its third annual State of Fraud and AML report.

product launch, fraud management, fraud detection, fraud prevention

iDenfy partners with O2Factoring to improve financial security

News | Digital Identity, Security & Online Fraud | 01 Nov 2024

ID verification fraud prevention regulatory company iDenfy has announced its partnership with O2Factoring in order to optimise financial security for entrepreneurs.

partnership, identity theft, fraud management, fraud detection, fraud prevention, financial crime

AU10TIX's Q3 2024 indicates a rise in SM attacks before the US election

News | Digital Identity, Security & Online Fraud | 31 Oct 2024

AU10TIX, a provider of identity verification and management technology, has launched its Q3 2024 Global Identity Fraud Report at the Money 20/20 US event.

fraud management, fraud detection, online fraud, fraud identity, financial services

TransUnion identifies a rise in digital fraud in financial services in Hong Kong

News | Digital Identity, Security & Online Fraud | 31 Oct 2024

TransUnion has reported a significant rise in digital fraud in financial services from Hong Kong, where Gen Z and Millennials are the most targeted generations.

fraud management, fraud detection, fraud prevention, identity fraud, digital fraud

3-D Secure findings highlight missed opportunities for online merchants

Voice of the Industry | Digital Identity, Security & Online Fraud | 01 Nov 2024

Ravelin’s CEO, Martin Sweeney, shares 3DS performance metrics and explains how merchants and PSPs can improve the online shopping and payment experience without compromising security.


3-D Secure, online shopping, merchant, online authentication, SCA, payment fraud, fraud detection, online fraud, fraud prevention, PSD2, regulation, exemption strategies, PSP, GDPR