Tag: Fraud prevention

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. 

AXA UK, a leading insurance provider, is joining forces with Synectics Solutions, an expert in fraud prevention.

Vesta, a transaction guarantee platform, has established a partnership with Stripe, a financial infrastructure platform. The partnership aims to deliver a comprehensive fraud prevention and...

Lynx, which focuses on detecting and preventing fraud and financial crimes, has closed its Series A funding round on €17m.

Veriff, the global identity verification (IDV) provider, has announced a substantial upgrade to its fully automated IDV product.

BR-DGE, a foremost payment orchestration provider, and Sift, a top player in the domain of Digital Trust & Safety, have come together in a strategic alliance.

J.P. Morgan Payments has selected global identity verification platform Trulioo to help its clients combat fraud and other financial crimes. 

AI fraud detection company Oscilar has introduced a industry-first generative AI platform designed for fraud prevention.

Sift, renowned as the front-runner in Digital Trust & Safety, has declared an array of new reseller and integration alliances. These new collaborations involve...

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.