What’s New With New Account Fraud? - FedPayments Improvement
Find out why new account fraud, which may occur during digital account openings, is a growing threat that can harm financial institutions and their customers.| FedPayments Improvement
BURBANK, Calif., Jan. 28, 2025 /PRNewswire/ — Zest AI, the leader in AI lending technology, today announced a partnership with MeridianLink ®, (NYSE: MLNK), a leading provider of modern software platforms for financial institutions. This strategic collaboration gives MeridianLink’s 2,000+ customers access to Zest Protect, Zest AI’s smarter, configurable, and seamless AI-powered fraud detection tool, to allow for more accurate and quicker identification […]| Merchant Fraud Journal
SEATTLE–(BUSINESS WIRE)–Hiya, the global leader in voice intelligence services, has introduced Hiya AI Phone, an AI call assistant mobile app. Designed for busy professionals, Hiya AI Phone acts like a personal assistant, saving time by screening unwanted phone calls, safeguarding against phone scams, and taking notes during calls to ensure seamless follow-up. “Hiya AI Phone represents […]| Merchant Fraud Journal
IRVINE, Calif.–(BUSINESS WIRE)–Appriss Retail, a leading provider of data and analytics solutions designed to reduce retail losses, decrease return and claim fraud and abuse, and provide a more seamless consumer experience, today introduced SecureGPT, a powerful new feature inside its Secure exception-based reporting (EBR) platform that now adds a retail-centric natural language search capability. SecureGPT […]| Merchant Fraud Journal
CINCINNATI–(BUSINESS WIRE)–Worldpay® and Capital One have joined forces in a new collaboration to optimize payment fraud decisioning and enhance payment security and efficiency with a data sharing agreement. Merchants enrolled in Worldpay’s flagship fraud detection and prevention solution, FraudSight™, will automatically receive the benefits when accepting a payment made using a card issued by Capital One. Strengthened […]| Merchant Fraud Journal
JERSEY CITY, N.J., Oct. 15, 2024 /PRNewswire/ — Data Zoo, a global leader in identity verification data, announces the launch of its latest service, ID Fraud & Risk Signals. This new solution is designed to enhance customer identification and Know Your Customer (KYC) processes by providing deeper insights into fraud detection and risk assessment, helping businesses stay at the forefront of […]| Merchant Fraud Journal
SEATTLE–(BUSINESS WIRE)–AuthenticID, a global leader in identity verification and fraud prevention solutions, announced the release of Velocity Checks, a new tool that integrates with its comprehensive identity verification and fraud prevention platform. The solution leverages biometric and document analysis to detect multiple identities for fraudulent activities in real-time. “Bad actors are constantly changing their tactics” […]| Merchant Fraud Journal
NEW YORK, Aug. 21, 2024 /PRNewswire/ — Bark.com , the world’s fastest-growing online marketplace for professional services, announced a 50% increase in chargeback recovery revenue and a 31% improvement in the win rate of chargeback contestment cases, after partnering with Justt , a fintech leader in AI-driven chargeback mitigation. Operating in over 1,500 categories and processing millions of transactions daily, Bark.com […]| Merchant Fraud Journal
SAN FRANCISCO–(BUSINESS WIRE)–Unit21, a global risk and compliance leader that proactively mitigates risks tied to fraud, money laundering, and other financial crimes, today announced a new bundle of features for Automated Clearing House (ACH) transactions. These features use Generative AI (GenAI) and machine learning (ML) to help banks, credit unions, payments companies, and fintechs proactively detect and […]| Merchant Fraud Journal
ARLINGTON, Va., Aug. 6, 2024 /PRNewswire/ — Despite the decline in check volume, 90% of U.S. banks surveyed said check fraud is ballooning, according to a new survey released today by fintech IntraFi. The survey, which included responses from 471 banks, found that more than a quarter of banks experienced a 50% or higher increase in check fraud over the past three […]| Merchant Fraud Journal
SAN FRANCISCO–(BUSINESS WIRE)–The ecommerce landscape is facing significant challenges with package theft and consumer trust. According to Capital One, in 2023, over $13.4 billion was lost to package theft, with more than 50% of online shoppers expressing concerns about their deliveries. Additionally, the Baymard Institute noted that 70% of online shopping carts were abandoned in 2024, with a quarter […]| Merchant Fraud Journal
SymphonyAI and Absa Group Recognized as ICA Compliance Awards “2024 Technology Partner of the Year” for Predictive and Generative AI SaaS Innovations Partnership recognized by International Compliance Association for its collaborative work in AI-driven risk management that reduced false positive alerts by 77% and accelerated the new risk identification hit rate by 10.5% July 08, […]| Merchant Fraud Journal
Securden, Inc., a leading provider of privileged access and identity security solutions, today announced that it has been recognized as a leader and outperformer in GigaOm Radar Report for Enterprise Password Management. GigaOm rigorously evaluates vendors in various solution segments and produces Radar reports with valuable insights to assist enterprise decision-makers in evaluating and investing in […]| Merchant Fraud Journal
SUNNYVALE, Calif.–(BUSINESS WIRE)–Jumio, the leading provider of automated, AI-driven identity verification, risk signals and compliance solutions, today released new findings from its Jumio 2024 Online Identity Study. This year’s results highlight growing anxiety among consumers that weaknesses in their banks’ fraud-protection measures could leave them exposed to scammers, which would result in the vast majority (75%) […]| Merchant Fraud Journal
Find out why new account fraud, which may occur during digital account openings, is a growing threat that can harm financial institutions and their customers.| FedPayments Improvement
In our previous blog, The New Threat Surface: How Hiring... The post Anatomy of a Modern Candidate Fraud Attempt appeared first on Incode.| Incode
We’re excited to announce that Incode has partnered with Banco... The post Banco Dondé Partners with Incode to Drive Digital Inclusion in Mexico appeared first on Incode.| Incode
Facial deepfakes fall on a wide spectrum, spanning synthetic faces to face swaps. Today, we’re taking a deep dive into how facial deepfake technology works.| Incode
How AI-led fraud detection outperforms traditional methods with real-time, adaptive defenses against modern threats.| eRank Solutions
Deepfake technology has evolved from novelty to infrastructure. In 2025,...| Incode
Learn what it takes to build account takeover fraud detection systems from a data engineering and production deployment perspective. The post Rethinking Feature Engineering for ATO Detection appeared first on Tecton.| Tecton
Build drift-aware ML systems with Tecton for feature engineering with consistent offline/online serving and Arize for tracking data quality, performance and drift.| Tecton
Learn how Tecton's new latency budgets let you control tradeoffs between speed and accuracy in real-time AI, enabling faster fraud detection and more resilient ML systems. The post Fraud Doesn’t Wait: Accelerating AI-Driven Detection with Latency Budgets appeared first on Tecton.| Tecton
How Coinbase productionizes user sequence features with Tecton and Databricks to power fraud and recommendation ML models. The post How Coinbase Builds Sequence Features for Machine Learning appeared first on Tecton.| Tecton
Build drift-aware ML systems with Tecton's feature engineering and offline/online serving plus Fiddler's feature and model drift analysis. The post Preventing Model Decay: Tecton + Fiddler for ML Drift Detection appeared first on Tecton.| Tecton
Learn how Tecton and Taktile enable fraud and risk teams to iterate faster, reduce fraud losses, and make more accurate decisions at scale. The post How Tecton and Taktile Power Real-Time Risk Decisions at Scale appeared first on Tecton.| Tecton
Learn why feature freshness stops fraud. Real-time data catches attacks instantly, while batch systems create windows for more fraudulent transactions.| Tecton
The evolution of language models combined with state-of-the-art information retrieval is reshaping the insurance landscape.| Vespa Blog
Discover the top secrets to smarter fraud detection in BFSI with real-time data visualization tools that drive proactive, data-driven responses to financial fraud.| Indium
Enhance your AI fraud detection models by integrating third-party data with zero-friction using Tecton's API Resources.| Tecton
How North built a real-time fraud detection system that processes millions of payments using machine learning. A technical overview of their ML architecture, challenges, and solutions.| Tecton
Interacting with fake websites can have severe impacts, including data theft, customer mistrust, and financial losses. Discover Memcyco.| Memcyco
Protect your credit, bank accounts, and personal data from cybercriminals with the top fraud protection services. Learn more with Memcyco.| Memcyco
Smishing vs. phishing: What's the difference? This guide provides real-world examples of both to help you stay safe online. Learn more with Memcyco.| Memcyco
Claimant fraud and premium fraud are two of the most well-known types of workers compensation fraud. In these cases, a worker may intentionally fake an injury (claimant fraud) or a business owner may misrepresent their employee headcount or incorrectly classify employees to obtain lower insurance premiums. Now, a lesser-known type is occurring with greater frequency: provider fraud.| Risk Management Monitor
