Harnessing the power of machine learning in banking fraud detection
ML has revolutionized how banks detect and prevent fraud, employing algorithms to analyze vast amounts of transaction data and spot unusual patterns that may indicate fraudulent activity.
Corlytics: The story so far and the future ahead
FinTech Global recently spoke with Corlytics CEO John Bryne to find out more about the story of the company so far and what is to come for the Irish RegTech enterprise.
What large organisations need to know about fraud prevention
The UK Home Office has issued guidance pertaining to the newly introduced offence of failure to prevent fraud by the Economic Crime and Corporate Transparency Act 2023, set to be enforced in nine months.
IFRS Foundation releases guide on sustainability-related financial disclosures
The IFRS Foundation has launched a new guide to assist companies in identifying and reporting on sustainability-related risks and opportunities.
How fraudsters use social engineering to empty bank accounts
Social engineering scams, particularly those involving bank impersonation, pose a significant threat to financial security.
SurePath AI raises $5.2m to enhance GenAI governance for businesses
SurePath AI, a pioneering company in the governance of GenAI for enterprises, has announced a substantial $5.2m in seed funding.
Bitsight acquires Cybersixgill to bolster cyber threat defence
Bitsight, known for its comprehensive cyber risk management solutions, and Cybersixgill, a leader in cyber threat intelligence data, are set to join forces.
How database verification and AI power up KYC compliance
In a webinar hosted in collaboration with the LSEG, SmartSearch delved into the transformative impact of data-based IDV on the KYC protocols.
One in four Gen Zs targeted by identity theft in the past 6 months
New data reveals the rising prevalence of fraud and security risks, both online and in-store, significantly impacting consumer trust and urging retailers to strengthen security measures across the board.
Kayna, WTW and Vibrant partner to enhance vendor cybersecurity and insurance solutions
Kayna, an award-winning embedded insurance infrastructure platform; WTW, a global advisory, broking, and solutions leader; and Vibrant, a cybersecurity oversight platform, have joined forces...
