Articles with tag like: loss

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Commerzbank suffers USD 3.3 bln Q4 loss amid restructuring and COVID-19

News | Payments General | 11 Feb 2021

Germany-based Commerzbank has declared a USD 3.3 billion loss in the fourth quarter of 2020, as the lender undergoes major restructuring and deals fallout from the pandemic, according to Reuters.

Commerzbank, loss, restructuring, COVID-19, bank, Germany, pandemic, lender, branch closure, mBank

Alipay announces its AI-powered risk engine AlphaRisk

News | Digital Identity, Security & Online Fraud | 15 May 2020

Alipay has unveiled the enhanced version of the AI-powered risk engine AlphaRisk, the core of its risk and security technologies. 

Alipay, AI, Risk Engine, AlphaRisk, safety, digitisation, digital transformation, security, fraud, loss, risk detection, management, fraud attempts