Tag: fraud detection

Featurespace, a global fraud and financial crime prevention firm, has entered into a strategic partnership with OrboGraph, a leading provider of check processing automation and fraud detection software and services.

Pindrop, a pioneer in voice security and fraud detection, has announced a significant milestone, securing $100m in debt financing from Hercules Capital.

In today's financial landscape, AML transaction monitoring is key for protecting the integrity of financial institutions and the global financial system.

Fraudsters can now easily create fake documents online or purchase forged ones with just a few clicks.

The future of anti-money laundering (AML) controls in the payments industry is increasingly being shaped by machine learning technology. Paysafe’s Giacomo Austin recently spoke...

NICE Actimize, a leading provider of financial crime, risk, and compliance solutions, has unveiled a new suite of generative AI-based innovations. NICE Actimize is at...

Fraud in the UK has become a significant concern, with 40% of crimes being fraudulent. Money muling is at the forefront, where fraudsters utilise synthetic or real mule accounts for financial gain. The UK government, recognizing the seriousness, plans to publish an action plan to combat this issue. 

Conveyancing, the legal transfer of property or land ownership, is a critical and complex process handled by licensed conveyancers. They manage everything from initial instructions to contract exchanges and final transactions. Each conveyancing case is unique, presenting its own set of challenges and requiring a meticulous approach.

Fingerprint, the globally renowned device intelligence platform, has successfully procured $33m in a Series C funding round. The venture was spearheaded by Nexus Venture Partners and witnessed participation from Uncorrelated Ventures.

AI and ML models have become an essential part of the FinTech sector, predicting outcomes and making decisions, especially in fraud.