SAN FRANCISCO–(BUSINESS WIRE)–Visa’s critical investments in the fight against fraud are paying off for holiday shoppers this holiday season. On Cyber Monday alone, Visa blocked nearly 85% more suspected fraud globally compared to last year.1 Throughout the holiday weekend, suspected fraudulent transactions rose 200% around the world, due in part by the adoption of AI by […]| Merchant Fraud Journal
MADRID–(BUSINESS WIRE)–Veridas, a global leader in identity verification and biometric solutions, today announced the availability of its Identity Verification (IDV) platform on Google Cloud Marketplace, empowering organizations across the Google Cloud ecosystem with its advanced fraud protection solutions. “Veridas can now securely scale and support customers on their digital transformation journeys.” Post this As of 2024, […]| Merchant Fraud Journal
HOBOKEN, N.J.–(BUSINESS WIRE)–NICE Actimize, a NICE (NASDAQ: NICE) business, today announced that TF Bank, Sweden, has chosen NICE Actimize AML Essentials, a cloud-based offering of end-to-end anti-money laundering (AML) solutions, to elevate the digital bank’s financial crime prevention program. The AI-driven AML solutions include Transaction Monitoring, Customer Due Diligence, and Screening. TF Bank is a digital bank […]| Merchant Fraud Journal
NEW YORK, Nov. 20, 2024 /PRNewswire/ — BioCatch today announced the launch of the BioCatch Trust™ Network, the world’s first inter-bank, behavior-based, financial crime intelligence-sharing network. The BioCatch Trust™ Network initiative protects member bank customers against financial crime, scams, and fraud by assessing in real time the trustworthiness of the accounts to which they direct their transfers and payments. […]| Merchant Fraud Journal
REDWOOD CITY, Calif.–(BUSINESS WIRE)–i2c Inc., a global provider of highly configurable banking and payment solutions, has released a new survey highlighting critical insights into consumers’ experiences and expectations regarding credit card fraud. The survey, conducted in collaboration with PYMNTS, reveals consumers’ widespread concerns about fraud and the pivotal role they expect their banks to play […]| Merchant Fraud Journal