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

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

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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

UK banks to impose four-day hold on suspicious transactions

News | Online & Mobile Banking | 07 Oct 2024

Banks across the UK have been granted the ability to delay payments for up to four days, allowing them to have more time to investigate fraudulent transactions.

fraud prevention, fraud management, online security, transaction monitoring, transaction fraud, banks

Nigerian fintech loses nearly USD 317,200 previously retrieved from fraudsters

News | Digital Identity, Security & Online Fraud | 30 Aug 2024

A Nigeria-based fintech, which initially lost USD 317,200 and supported customers in recovering the amount from fraudsters, has announced that the account in which the funds were stored was hacked into. 

identity fraud, transaction fraud, online security, financial services, financial institutions

ThetaRay acquires Screena to boost AI fincrime detection

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

Provider of AI-powered financial crime detection technology, ThetaRay, has recently announced the acquisition of next-gen European screening company Screena.

 

acquisition, partnership, artificial intelligence, financial crime, financial institutions, AML, money laundering, terrorism, fraud detection, dark web, transaction laundering, transaction monitoring, transaction fraud, cloud, fintech

Galileo Financial Technologies adds 3D Secure to improve fraud protection

News | Digital Identity, Security & Online Fraud | 24 Jul 2024

Galileo Financial Technologies has launched Galileo 3D Secure Access Control Server (ACS) to assist clients with card-not-present (CNP) transactions.

fraud, 3D Secure, transaction fraud, fraud protection, CNP fraud

Advanced Fraud Solutions, Tru Treasury to fight deposit fraud

News | Online Payments | 31 May 2024

US-based Advanced Fraud Solutions (AFS) has entered a strategic partnership with Tru Treasury, a provider of treasury management solutions to introduce Positive Pay by AFS, an advanced fraud prevention platform.

 

partnership, fraud management, fraud detection, online fraud, fraud prevention, credit card fraud, payment fraud, ACH, bank transfer, transaction fraud, digital payments, financial institutions

Cognizant joins forces with FICO

News | Digital Identity, Security & Online Fraud | 19 Apr 2024

US-based professional services company Cognizant has entered a strategic collaboration with FICO in a bid to introduce a cloud-based payment fraud prevention solution. 

partnership, fraud management, fraud detection, fraud prevention, transaction fraud, real-time payments

Modern online fraud prevention requires a shift in focus from identity to intent

Voice of the Industry | Digital Identity, Security & Online Fraud | 22 Mar 2024

Alisdair Faulkner, CEO at Darwinium, discusses the change in the threat landscape and what payments professionals need to know to efficiently fight fraud.


fraud management, fraud detection, online fraud, identity fraud, cybercrime, cybersecurity, behavioural biometrics, biometrics, biometric authentication, deep fake, artificial intelligence, transactions , transaction fraud, generative AI, APP fraud

FIS collaborates with Stratyfy

News | Digital Identity, Security & Online Fraud | 19 Mar 2024

Global financial technology company FIS has announced its collaboration with Stratyfy, aiming to improve its SecurLOCK card fraud management solution. 

fraud management, fraud prevention, credit card fraud, transaction fraud, online security

Ahrvo Labs partners with MX Technologies

News | Digital Identity, Security & Online Fraud | 07 Mar 2024

Ahrvo Labs has partnered with MX Technologies in order to provide US-based customers with improved identity verification and transaction risk management solutions. 

partnership, fraud management, identity verification, identity theft, identity fraud, digital identity, transaction fraud, KYC, KYB

Valid8 Financial launches fraud investigation solution

News | Digital Identity, Security & Online Fraud | 22 Feb 2024

Cloud-based Verified Financial Intelligence (VFI) platform Valid8 Financial has announced the launch of Stories, a feature that enables users to improve financial fraud investigations. 

product launch, fraud prevention, fraud management, transaction monitoring, transaction fraud

Featurespace launches TallierLTM

News | Digital Identity, Security & Online Fraud | 27 Oct 2023

Featurespace, an enterprise-grade technology provider that prevents fraud and financial crime, has launched TallierLTM, a Large Transaction Model (LTM). 

transaction monitoring, transaction fraud, fraud detection, fraud prevention, artificial intelligence

Paytm PG launches alternate ID-based checkout solution

News | Digital Identity, Security & Online Fraud | 10 Oct 2023

India-based Paytm has announced that its wholly-owned subsidiary Paytm Payment Gateway launched an alternate ID-based checkout solution. 

online security, transaction fraud, payment gateway, online payments, online shopping, cybersecurity

Feedzai partners with Novobanco

News | Digital Identity, Security & Online Fraud | 26 Jun 2023

RiskOps platform for financial risk management Feedzai has partnered with Portugal-based bank Novobanco to better customer experience and protection against financial crime.

partnership, fraud prevention, cybersecurity, financial crime, banking, artificial intelligence, risk management, payments , digital trust, transaction fraud, fintech, biometrics, data analytics, cybercrime

Meeting the demand for seamless consumer payments experiences

Voice of the Industry | Online Payments | 23 May 2023

Ricardo Leite, Senior Vice President, Head of International Markets at Discover Global Network, discusses how consumer behaviour and modern technology are converging to create new payment experiences and how the industry can provide a seamless experience while maximising security and profitability.


debit card, credit card, BNPL, card on file, fraud detection, fraud management, online fraud, payment fraud, transaction fraud, biometrics, biometric authentication, online payments, digital payments, cybercrime, artificial intelligence, chargebacks, account takeover, malware, travel payments, cash management, local payment method

ComplyAdvantage launches Fraud Detection solution

News | Digital Identity, Security & Online Fraud | 16 May 2023

Financial crime intelligence company ComplyAdvantage has launched a Fraud Detection solution that uses machine learning algorithms to detect and prevent transaction fraud.

product launch, fraud detection, fincrime, financial services, financial crime, fintech, banks, APP fraud, account takeover, transaction fraud, payments , machine learning, artificial intelligence, synthetic identity, financial institutions, marketplace, data analytics

Mastercard, Vesta improve fraud protection for MPGS

News | Digital Identity, Security & Online Fraud | 15 May 2023

Mastercard has integrated the solutions of transaction guarantee company Vesta into Mastercard Payment Gateway Services (MPGS) to improve fraud protection for ecommerce merchants.

partnership, fraud prevention, cybersecurity, payments , ecommerce, merchants, financial crime, data analytics, omnichannel payments solution, risk management, checkout, transaction fraud, online fraud, online shopping, fintech, chargebacks

DCI partners DataVisor to help banks fight fraud

News | Digital Identity, Security & Online Fraud | 12 May 2023

Core processing, digital banking, and fintech processing solutions developer DCI has partnered with fraud and risk management company DataVisor to help banks fight fraud.

partnership, fraud prevention, banking, fintech, financial services, identity theft, transaction fraud, account takeover, money laundering, artificial intelligence, machine learning, financial crime, ACH, cybersecurity, banks

Momint partners with Shufti Pro for KYC and AML solutions

News | Digital Identity, Security & Online Fraud | 03 May 2023

Blockchain tech company Momint has partnered with AI-powered ID verification solution provider Shufti Pro to better its Know Your Customer (KYC) and anti-money laundering (AML) processes.

partnership, identity verification, digital identity, digital onboarding, KYC, AML, fintech, blockchain, web3, cybersecurity, regulation, compliance, transaction fraud, fraud prevention, AI, artificial intelligence

Towards an effortless migration from 3DS1 to 3DS2

Voice of the Industry | Digital Identity, Security & Online Fraud | 11 Apr 2023

Patrick Drexler, Head of Business Development at Nethone, analyses the new opportunities for merchants arising from adopting 3DS2, which include reduced user friction, higher adoption rates, and fraud-free transactions.

digital identity, 3-D Secure, PSD2, online security, digital signature, ecommerce, ecommerce platform, fraud management, fraud detection, online fraud, Card-not-present fraud, identity fraud, payment fraud, CNP fraud, transaction fraud, compliance, cybercrime, cybersecurity, omnichannel, online authentication, multi-factor authentication, two-factor authentication