Tag: Financial Crime & Fraud
Jordan’s Bank al Etihad to deploy NetGuardians’ fraud prevention tech
Jordan-based bank Bank al Etihad partners with Swiss fintech NetGuardians to implement an AI-powered payment fraud prevention solution, enhancing its fraud detection capabilities and...
Checkout.com launches AI-led ID verification solution
Checkout.com, a global payment solutions provider, has launched its AI-led ID verification solution. The solution leverages artificial intelligence and is capable of identifying and...
Nine UK banks tap Mastercard for new AI-powered fraud risk solution
Mastercard has launched an AI-powered Consumer Fraud Risk solution in the UK, with nine banks, including Lloyds Bank, Halifax, Bank of Scotland, NatWest, Monzo,...
Socure snaps up ID verification start-up Berbix for $70m
US-based ID verification and fraud solutions provider Socure has acquired Berbix, an ID verification firm, for $70 million in cash and stock. This acquisition...
Sardine forms industry consortium to help tackle payment fraud
Fraud detection and risk management platform Sardine has formed SardineX, an industry consortium, with the aim of curbing the rise in payment fraud. The...
European Commission proposes new measures to modernise payments
The European Commission has proposed new measures to modernize payment services in Europe, including upgrading the Payment Services Directive (PSD2) to PSD3 and enhancing...