Tag: Fraud

Cloud-based payments service provider Checkout.com has launched Fraud Detection Pro, a solution aimed at solving the challenge of online payments fraud.

Combating fraud continues to be a major challenge in the UK. Last year, over £1.3bn was stolen by fraudsters in the UK in 2021, according to Feedzai. However, technology is still making a change.

Total revenue generated by travel and expense (T&E) management is expected to reach $16bn by 2027, rising from $8.7bn in 2022.

Cybersecurity platform CyberloQ Technologies has formed a strategic collaboration for its proprietary MFA technology with Pannovate’s Banking Orchestration Platform.

An indictment was unsealed that charges Mining Capital Coin’s CEO for allegedly orchestrating a $62m global investment fraud scheme.

Over half 59% of consumers are more concerned about becoming a victim of fraud now compared to how they felt in 2021, according to a report from Paysafe.

Anti-fraud RegTech platform HAWK:AI has teamed up with Aux to boost the fight against fraud within credit unions.

Ireland has the highest fraud risk index in Europe with a rating of 7.44, according to research from payment processing information service Merchant Machine.

More than one in ten people in the UK (12.1%) have been the victim of payments fraud in the last four years, according to new research from global payments company ACI Worldwide.

 Sentinels, which helps detect money laundering in real-time, has released a report outlining why real-time transaction monitoring is the next step for compliance functions.