Tag: Fraud
Mastercard strengthens AI expansion to combat fraud
Mastercard is taking steps to further expand into artificial intelligence and economics, as it increases support for clients across industries.
The banking giant is looking...
Jumio unveils AI-powered analytics system to fight fraud
Jumio has launched 360° Fraud Analytics, its new fraud-fighting system that uses AI-driven predictive analytics to identify fraud patterns.
Unveiled at this year’s Money20/20 USA,...
Data Zoo looks to elevate fight against fraud with North American...
Australian fintech, Data Zoo, has confirmed its expansion into the North American market to deliver digital identity solutions for banks in the region.
The growth...
Anuar Alarcon, Vesta: fighting fraud in an ever-changing technological world
With businesses becoming increasingly digitised, and more transactions taking place online, the need to deploy robust fraud prevention measures has found itself at the...
Revolut enhances fraud team in light of rising attacks
Revolut has revealed a significant expansion to its Financial Crime (FinCrime) headcount, doubling its size since 2021.
Recognising the role of human intelligence in fraud...
Barclays issues ‘urgent warning’ over money mule threat
Ahead of the start of a new term, Barclays has issued warnings over the rise of cases involving students being used as money-mules.
According to...
TikTok Shop and social media e-commerce a ‘gold mine for fraudsters’
In the midst of TikTok finally launching its e-commerce service, TikTok Shop, it has been warned that social media shopping products may become a...
Feedzai: how AI safeguarded consumers during ‘scam summer’
Writing for Payment Expert, Daniel Holmes, Fraud SME at Feedzai, detailed the potential of AI when it comes to combating frauds during a period...
‘Love Hurts’ campaign launched by Santander to combat romance fraud
As the economic climate becomes increasingly challenging and the threat of fraud has evolved, Santander has warned against ‘love language’ when it comes to...
Forter: Fraud fighting needs to adapt to FedNow evolution
The decision of the Federal Reserve to launch its real-time payment service FedNow, has been widely lauded as a breakthrough for the growth of...
