In a market accelerating toward instant payments and open banking, a siloed approach to fraud detection is no longer viable.

JERSEY CITY, N.J., March 04, 2024 (GLOBE NEWSWIRE) -- Verisk (Nasdaq:VRSK), a leading global data analytics and technology provider, today announced two new collaborations with insurance technology ...

Transparency is another priority. Given the decentralized and trust-based nature of Web3.0, the expert emphasizes ...

SAN FRANCISCO--(BUSINESS WIRE)--Unit21, a global risk and compliance leader that proactively mitigates risks tied to fraud, money laundering, and other financial crimes, announced the launch of its ...

Chances are you’ve spotted odd-looking charges on your credit card statement, which prompted you to seek a refund from your issuer. Around 50% of consumers investigated a transaction they made in the ...

As the executive director of a payment service provider, I've seen payment processing come a long way—but significant pain points remain. Traditional systems often struggle with slow transaction ...

ARLINGTON, Va.--(BUSINESS WIRE)--Accenture Federal Services (AFS), a subsidiary of Accenture (NYSE: ACN), has won a $73 million contract from the Internal Revenue Service (IRS) to support the agency ...

In today’s digital world, fraud has become more complex, which means we need smarter ways to detect and prevent it. Generative AI helps with this by looking at large amounts of data in real-time, ...

Banks as varied in size as JPMorgan Chase and Carver Federal Savings Bank have added technology designed to vet users and flag suspicious activity in real time or near-real time, regardless of whether ...

Legal consequences can be up to 20 years in prison, plus fines of more than $250,000. This scheme often combines with other ...