Tag: Fraud
UAE Banks Federation to combat cheque fraud
UAE Banks Federation (UBF) has proposed improvements to cheque verification processes to help lower fraud and help the country move towards being a cashless society.
Advanced Fraud Solutions, Q6 Cyber partner to combat payment card fraud
Advanced Fraud Solutions has partnered with Q6 Cyber to help financial institutions boost fraud prevention and detection.
CyberIoQ integrates with QRails to combat fraud
Advanced Credit Technologies has fully integrated its CyberIoQ solution into payments processing provider QRails Global to help build ‘innovative new customer experiences.’
FICO receives five new patents for its compliance technology
FICO, a provider of compliance and counter criminal solutions, has received five new patents for fraud, AI and advanced analytics.
Aspect Software acquired by private equity firm Vector
Customer engagement platform Aspect Software has been acquired by private equity firm Vector Capital.
FCA releases new rules on APP fraud
The Financial Conduct Authority has released new rules which will allow victims of authorised push payment (APP) fraud to complain to the PSP receiving the payment.
BioCatch, ACI Worldwide partner to protect consumers from banking fraud
ACI Worldwide has partnered with BioCatch to protect customers from online and mobile banking fraud, like account takeovers.
European Payments Council releases 2018 report on fraud in payments sector
The European Payments Council has released a new report on the security threats and fraud within the payment landscape over the past year.
MondoBrain collects $13.3m to boost international sales/marketing efforts
MondoBrain, which provides enterprise augmented intelligence to support business decisions, has collected $13.3m in its Series A round.
The capital injection was led by France-based...
Venmo reportedly hit operating losses of $40m for first three quarters...
Venmo has reportedly reached operating losses of $40m following a string of payments frauds earlier in the year.
