Tag: fraud detection

Feedzai, a Portugal-based FinTech specialising in AI-powered financial crime prevention, has raised $75m in new funding, bringing its valuation to over $2bn. The round saw...

Criminal activity in financial services continues to evolve at pace, putting pressure on institutions to anticipate threats rather than simply react. While fraudsters exploit...

Eloquent AI, a start-up building automation technology for the financial sector, has secured $7.4m in a heavily oversubscribed seed round to expand its AI...

Hawk has introduced its Day One Defense Models, a new AI-powered fraud prevention solution designed to give financial institutions both speed and accuracy. According...

Nasdaq Verafin and BioCatch have announced a strategic partnership aimed at combating global payments fraud. The collaboration brings together Nasdaq Verafin’s consortium data network and...

The world of financial crime is evolving rapidly, and one of the most troubling developments is the rise of money mule networks powered by...

Financial institutions are under growing pressure to strengthen their defences against money laundering, but outdated systems and surging transaction volumes are making compliance more...

Mid-market US financial institutions are seeing major returns from merging fraud prevention and AML efforts into a unified approach known as FRAML. A report from...

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...

Payment fraud has become one of the toughest challenges facing financial institutions. Attack volumes are rising, criminals are using increasingly sophisticated methods, and the...