Tag: fraud detection
NICE Actimize, a leading provider of financial crime, risk, and compliance solutions, has unveiled a new suite of generative AI-based innovations.
Fraud in the UK has become a significant concern, with 40% of crimes being fraudulent. Money muling is at the forefront, where fraudsters utilise synthetic or real mule accounts for financial gain. The UK government, recognizing the seriousness, plans to publish an action plan to combat this issue.
Conveyancing, the legal transfer of property or land ownership, is a critical and complex process handled by licensed conveyancers. They manage everything from initial...
Experian, a global information services company, has introduced the Hunter Automotive Fraud Alliance, a collaborative data network aimed at assisting automotive lenders in the United States.
Fingerprint, the globally renowned device intelligence platform, has successfully procured $33m in a Series C funding round. The venture was spearheaded by Nexus Venture Partners and witnessed participation from Uncorrelated Ventures.
Medius, a forerunner in AP Automation and comprehensive Spend Management solutions, has recently embarked on a strategic alliance with Caatalyst, a global recovery audit powerhouse. This collaboration denotes Medius's maiden voyage into the realm of AP Audit Profit Recovery.
AI and ML models have become an essential part of the FinTech sector, predicting outcomes and making decisions, especially in fraud.
Effectiv, a real-time fraud and risk management platform servicing financial institutions and FinTech companies, has announced a fresh round of funding.