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Tag: Fraud Risk

Scam Dynasty: How AI Became the New Weapon in the War on Fraud

Remember that guy in the trench coat, fedora pulled low, whispering sweet nothings about Nigerian princes in your inbox? Those days are quaint, relics of a...

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Allianz Trade Eyes B2B E-commerce with New Payment Solutions

Allianz Trade has launched a payment solution with a range of services dedicated to B2B e-commerce platforms. Dubbed Allianz Trade Pay, this new service exclusively...

Exploring the Advantages of Pay by Bank: A Introduction To Getting Started

Pay by Bank, that includes the popular Account-to-Account (A2A) payment method, introduces a streamlined, cost-effective, and instantaneous payment solution for both merchants and consumers....

Mitigating fraud risk : effective strategies for small financial institutions

In 2023, the Canadian Anti-Fraud Centre reported a staggering $554 million in victim losses related to fraud and cybercrime — nearly 5 per cent...

What is Cash Reconciliation?: A Complete Guide

IntroductionCash reconciliation remains a critical process in today’s retail environment, despite the shift from traditional cash registers to advanced point-of-sale (POS) systems. This crucial...

Can Decentralized Finance Replace Traditional Payments – The Daily Hodl

HodlX Guest Post  Submit Your Post   There’s a lot of talk about DeFi (decentralized finance) these days. If one were to believe all the hype, it would...

Visa Simplifies Global B2B Transactions with Mobile Wallet Integration – Fintech Singapore

by Fintech News Singapore February 14, 2024 Payment giant Visa has announced an expansion of its digital wallet services within Visa Commercial Pay. The enhancement, developed...

Pioneering a new era in e-commerce and payment processing

The payments evolution can be traced back to the early 90’s with the online sale of a Sting CD, the first-ever known e-commerce transaction. ...

Automate mortgage document fraud detection using an ML model and business-defined rules with Amazon Fraud Detector: Part 3 | Amazon Web Services

In the first post of this three-part series, we presented a solution that demonstrates how you can automate detecting document tampering and fraud at...

How AI and Bitcoin are changing the world

Artificial intelligence is all around us. Whether we’re interacting with website chatbots, using online programs to check our writing, or asking virtual assistants...

Instant Payments – Tink’s Rules-based Risk Engine Risk

Tink, an open banking innovator, has unleashed 'Risk Signals' - a rules-based risk engine that transforms instant payment experiences across Europe while minimizing risk. In an...

7 Prominent Fintech Investors in Singapore Backing The Ecosystem – Fintech Singapore

by Fintech News Singapore January 29, 2024 In 2023, Singapore continued to dominate the Southeast Asian fintech...

Corporate Payments in 2024: APP fraud, ISO 20022-readiness and generative AI

The start of a new year is a natural time to consider what lies ahead. Here, we look at four key themes in corporate...

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