Tag: Fraud
FRISS building new fraud and risk management solution through Guidewire
Fraud and risk solution provider FRISS has revealed it is the developing a new add-on for fraud and risk management related to claims support.
Loyalty fraud incidents are on the rise
Loyalty fraud has seen a sharp rise in 2019, with the number of incidents increasing by 89% compared with last year.
American Express informs customers of internal data breach
American Express has informed a number of its customers their personal information has been breached after a fraudulent attack.
New Advanced Fraud Solutions and Automated Systems partnership to improve check...
Advanced Fraud Solutions (AFS) has formed a strategic partnership with Automated Systems to build support check fraud protections.
Shape Security closes funding round which sees it join the unicorn...
Bot and online fraud mitigation platform Shape Security has raised $51m in a new growth funding round, which brings its valuation to $1bn.
Increasing number of millennials falling victim to fraud scams
Number of millennials falling victim to scams designed to trick people into handing over cash to fraudsters is rising more than any other age group, according to a study from Lloyds Bank.
Paychex launches cyber liability product
Paychex has launched cyber liability protection which will help companies with costs from data breaches, hackers, ransomware and banking fraud.
UK’s DCPCU dismantles 13 organised crime groups
The UK’s Dedicated Card and Payment Crime Unit (DCPCU) has dismantled 13 organised crime groups (OCGs) within the first half of 2019, double the number in the same period last year.
Emailage teams up with Featurespace to boost e-commerce and financial services’...
Financial services organizations just got another way to beef up their protection against online application fraud as Emailage, the online fraud prevention and email risk assessment company, has signed a partnership with Featurespace, the risk detection and fraud prevention company.
Old people may be reluctant to use TSB and Jumio’s new...
TSB Bank has joined forces with Jumio, the identity-verification startup, to enable customers to access their bank accounts with a selfie. However, old people may not be keen to use it.
