Tag: AI fraud prevention

Hawk, an AI-powered fraud detection platform, has partnered with Mitek to deliver a solution helping financial institutions identify and block altered, forged, or counterfeit...

The rapid development of artificial intelligence has propelled deepfakes from online novelty to a major threat for regulated sectors. What began as light-hearted face-swap...

Chargeflow, the AI-powered chargeback automation platform used by more than 15,000 merchants worldwide, has secured a $35m Series A funding round, including a $10m debt facility.

London-based FinTech FALKIN, which helps banks prevent scams before payments occur, has raised $2m in pre-seed funding to strengthen its AI-powered digital safety tools.

Gumtree has joined forces with Mangopay to support its evolution from a classifieds website into a fully transactional consumer-to-consumer (C2C) marketplace. The collaboration will enable...

Madrid-based Acoru, a FinTech combating AI-powered fraud and money laundering, has raised €10m in a Series A round led by 33N Ventures, with support...

A new report from Alloy has found that while Americans are increasingly alarmed by the growing sophistication of AI-driven scams, they are equally eager...

AI-powered fraud prevention is rapidly transforming the financial services sector. Yet, despite the industry pouring billions into defences, global fraud losses exceeded $1tn last...

Fraud prevention is becoming increasingly urgent as criminals employ more sophisticated tactics, forcing businesses, governments, and technology providers to rethink their defences. In the...

As digital payments continue to expand, financial institutions face the urgent challenge of preventing fraud before it occurs while maintaining seamless customer experiences. Traditional fraud detection methods, whether rules-based systems or machine learning models, are often too rigid or slow to identify today’s rapidly evolving fraud tactics, leading to either missed threats or excessive false positives that inconvenience genuine customers.