Tag: Fraud
SIX Payment launches AI-based solution to help merchants with fraud
SIX Payment Services has launched a ‘revolutionary AI-based product’ to help merchants manage the cost of fraud.
HSBC to deploy AI to stop money laundering
HSBC is using artificial intelligence to help it spot money laundering, fraud and terrorist funding.
MerchantBoost to address consumer bank verification with BAV
MerchantBoost has launched Bank Account Validation (BAV) to addresses all aspects of verification associated with consumer bank accounts.
E-wallet payment processor GATE said to raise $3.2m
E-wallet payment processor GATE, formerly TokenID, has reportedly netted $3.2m in a seed round.
Orco Investments led the round, with commitments also coming from entrepreneurs...
Sift Science partners with Acapture to fight ecommerce fraud
Sift Science, a machine learning company that protects businesses from fraud and abuse, has partnered with payments processor Acapture.
NatWest partners with Vocalink Analytics to tackle fraud
NatWest has strengthened its fraud protection systems by partnering with Vocalink Analytics to create a machine learning solution.
KYC.Legal raises $27.9m to help verify users and prevent fraud
KYC.Legal, a blockchain-based service to help verify users and prevent fraud, has raised $27.9m in its ICO.
Midigator picks up $30m minority investment from LLR Partners
Midigator, a payment card chargebacks management platform, has picked up a $30m minority growth investment from LLR Partners.
ID Finance strengthens security with behavioural biometrics
ID Finance, an emerging markets FinTech company, is incorporating behavioural biometrics into its AI-based fraud scoring engine.
NICE to use artificial intelligence to tackle AML
NICE, a provider of cloud and on-premises enterprise software solutions, is set to apply AI to financial crime.
