Fraud prevention stories - Page 21
Financial institutions increasingly deploy AI in fight against fraud
Tue, 2nd Apr 2024
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risk & compliance
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api
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ai
Amid growing fraud concerns, a study reveals 70% of financial institutions are turning to AI and machine learning to bolster defenses, marking a notable shift towards tech innovation.
FICO survey reveals identity theft & fraud fears among Indonesians
Mon, 1st Apr 2024
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fintech
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physical security
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financial systems
FICO's study reveals prolonged fears of identity theft among Indonesians, as 36% remain anxious, heightening vulnerabilities to financial loss and credit damage amid growing risks from real-time payments.
Traceable AI reports 300% revenue boost & strengthens leadership team
Tue, 12th Mar 2024
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globe telecom
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global expansion
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expansion
Traceable AI, a key player in API security, celebrates its year with revenue upwards of 300%. In addition, the firm bolstered its executive team and initiated new products and partnerships.
Singtel's SingVerify to tackle scams, boost digital security
Tue, 12th Mar 2024
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malware
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phishing
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email security
Singtel introduces SingVerify, a novel digital security toolkit aimed at combating scams by verifying customer identities in real-time.
SEON report warns of complex fraud challenges ahead in 2024
Mon, 11th Mar 2024
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phishing
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physical security
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email security
SEON's 'Fraud Trends 2024' report warns of growing fraud challenges for businesses, citing AI advancements, Fraud-as-a-Service, and economic pressures as key factors.
Denodo has been name a Leader in enterprise data fabric
Tue, 5th Mar 2024
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data analytics
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cx
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data science
Data management leader Denodo earns high recognition from Forrester Research for next-gen enterprise data fabric support.
Basware unveils global expansion plans after bookings surge by 52%
Thu, 22nd Feb 2024
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cx
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martech
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risk & compliance
Following a 52% surge in bookings, global AP automation leader Basware reveals expansive growth strategy, with a firm focus on AI innovation, customer growth, and fraud prevention.
Fraud experts predict tripled use of AI tools by 2024
Fri, 16th Feb 2024
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robots
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biometrics
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risk & compliance
Amid growing cybercrime threats, a report indicates that 83% of anti-fraud professionals plan to integrate generative AI into their tools by 2024, tripling its current use.
HID & Olea Kiosks merge for advanced facial recognition solutions
Thu, 25th Jan 2024
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firewalls
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network security
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biometrics
HID teams up with Olea Kiosks to offer a revolutionary user experience by integrating facial recognition technology in access control and authentication across various industries.
SEON appoints ex-Uber executive Björn Heckel as new CTO
Wed, 24th Jan 2024
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data analytics
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martech
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cdp
Fraud prevention platform, SEON, recruits Björn Heckel, seasoned tech executive from Uber and Salesforce, as CTO to reinforce its commitment to fighting fraud and boosting enterprise solutions.
LRN's anti-fraud courses receive accreditation in Singapore
Fri, 19th Jan 2024
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cybersecurity
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aml
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financial crime
Singapore battles rising online scams as LRN Corporation delivers accredited courses to enhance ethical practices in the financial sector, in line with the Monetary Authority regulations.
Black Friday & Cyber Monday see rise in 'false positives', warns SEON
Tue, 28th Nov 2023
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sales
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black friday
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holiday season
Black Friday and Cyber Monday sales lead to rise in 'false positives', warns SEON, complicating transactions for merchants.
SEON announces launch of full suite on Amazon Web Services
Mon, 9th Oct 2023
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hyperscale
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public cloud
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it automation
The online fraud prevention expert SEON has launched its full suite of fraud prevention solutions to customers on the Amazon Web Services Marketplace.
Video: 10 Minute IT Jams - An update from Eagle Eye
Mon, 25th Sep 2023
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saas
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cx
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martech
Eagle Eye's Miles Toolin discusses the company's AI-driven loyalty and promotions platform and its plans for the APAC market. #TechDay #marketing.
Using big data to combat fraud in the telco network
Wed, 5th Jul 2023
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uc
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firewalls
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hybrid cloud
A telco's core business is focused on consumers. However, there is also a growing urgency to cut down on fraudulent operations within the network operations.
Property-tech company enhances onboarding with iDenfy
Wed, 31st May 2023
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physical security
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property
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idenfy
iDenfy, an identity verification and fraud prevention platform, announces a new partnership with June, a property-tech company.
SEON hires new CRO to combat financial crime
Thu, 27th Apr 2023
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saas
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bnpl
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e-commerce
Global financial crime prevention experts, SEON, hired Matt DeLauro as its new CRO to help prevent financial crime and support businesses.
Video: 10 Minute IT Jams - An update from Forter
Thu, 13th Oct 2022
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crypto
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cx
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blockchain
TechDay's 10 Minute IT Jams provide sharp, to-the-point insights into emerging and established technology companies that operate in the Asia Pacific region.
Video: 10 Minute IT Jams — Who is Forter?
Thu, 25th Nov 2021
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saas
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cx
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martech
Forter, a SaaS-based fraud detection company, works with global online retailers and banks to provide real-time trust analysis.