FinTech
US Consumer Fraud Losses Projected to Exceed $125 Billion in 2024
An alarming rise in financial deception highlights the need for increased vigilance and security measures.Highlights: Projected consumer fraud losses in the US are set...
FinTech
Surge in Mule-Linked Activity Inflates Savings Account Frauds
Exploring the alarming rise in money mule schemes affecting savings accounts across the globe.Highlights: Savings accounts are experiencing a significant increase in mule-linked activity.The...
FinTech
Mastercard and Feedzai Form Strategic Pact to Combat Online Scams
Together Against Fraud: Uniting Technology and Expertise to Protect ConsumersHighlights: Mastercard partners with Feedzai to enhance fraud detection.The collaboration aims to protect consumers from...
FinTech
Sardine Secures $70M Investment for Advanced AI Fraud Detection Platform
Revolutionizing the Fight Against Financial Fraud with Cutting-Edge TechnologyHighlights: Sardine has raised $70 million in funding to enhance its AI-driven fraud detection services.The investment...
FinTech
CommBank and Telstra Join Forces to Combat Identity Theft
A New Partnership Aims to Strengthen Security Measures Against Fraudulent ActivitiesHighlights: CommBank and Telstra are collaborating to enhance identity theft prevention.The partnership focuses on...
Banking
Worldpay to Acquire Ravelin, Enhancing Fraud Prevention with AI
Global Payments Leader Worldpay to Integrate Ravelin’s AI-Native Fraud SolutionsHighlights:Strategic Acquisition: Worldpay to acquire Ravelin, an AI-native fraud prevention platform.
Enhanced Fraud Solutions:...
FinTech
Worldpay Expands Its Services with the Acquisition of Ravelin’s Fraud Prevention Platform
Enhancing Payment Security: How Worldpay's Latest Acquisition Aims to Combat FraudHighlights: Worldpay has announced the acquisition of Ravelin, a leading fraud prevention platform.This acquisition...
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