Fraud Prevention

Cox Automotive Rolls Out Synthetic Identity Fraud Indicator for Car Dealers
Cox Automotive Rolls Out Synthetic Identity Fraud Indicator for Car Dealers
February 02, 2024  |  Fraud Prevention

Cox Automotive has added a new synthetic identity (ID) fraud indicator to its Dealertrack Compliance solution for car dealers. The new Synthetic ID Fraud Alert is designed...

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Coris Raises $3.7 Million, Adds 2 New Risk Management Products
Coris Raises $3.7 Million, Adds 2 New Risk Management Products
February 01, 2024  |  SMBs

Risk management platform provider Coris has raised $3.7 million in its first funding round. The company has also introduced two new products — a fraud model and...

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Mastercard Says New AI Model Ups Fraud Detection by 20%
Mastercard Says New AI Model Ups Fraud Detection by 20%
February 01, 2024  |  artificial intelligence

Mastercard has introduced a generative artificial intelligence (AI) solution to help prevent fraudulent transactions. The company has upgraded its Decision Intelligence solution to let it “scan an unprecedented...

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AI’s Role in Helping Banks Fight Fraud and Financial Crimes
AI’s Role in Helping Banks Fight Fraud and Financial Crimes
February 01, 2024  |  Security & Fraud

Easy money attracts bad actors.  In today’s increasingly digitized and borderless business landscape, the threat of attack has only grown more pointed. That’s why it...

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Biometrics Startup Incognia Raises $31 Million for Anti-Fraud Tools
Biometrics Startup Incognia Raises $31 Million for Anti-Fraud Tools
January 31, 2024  |  Biometrics

Biometrics startup Incognia has raised $31 million to develop its location identity offerings. The funding, announced in a Wednesday (Jan. 31) press release, will also help the...

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Experian Launches Fraud Prevention Tool for Car Dealers
Experian Launches Fraud Prevention Tool for Car Dealers
January 31, 2024  |  Security & Fraud

Car buying is increasingly moving online, and scammers who target car buyers are following suit. With that in mind, Experian has debuted Fraud Protect, a tool to help auto...

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Firms Partnering With Third Parties to Fight Fraud See Profit Boost
Firms Partnering With Third Parties to Fight Fraud See Profit Boost
January 25, 2024  |  Fraud Prevention

Payment service providers – also known as PSPs – are an important piece of the payment ecosystem. For any business that wants to deliver a...

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JPMorgan Ups Cyber Defenses as Scam Attacks Rise
JPMorgan Ups Cyber Defenses as Scam Attacks Rise
January 17, 2024  |  Cybersecurity

Banking giant JPMorgan Chase is not immune to the recent, global surge in cybercrime. Speaking at the World Economic Forum’s summit in Davos Switzerland, Mary Callahan Erdoes,...

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Fraud Prevention Programs Support Revenue Growth Strategies, Says Forter’s Head of Risk 
Fraud Prevention Programs Support Revenue Growth Strategies, Says Forter’s Head of Risk 
January 16, 2024  |  Fraud Prevention

In today’s digital landscape, businesses are increasingly committed to providing a best-in-class customer experience. And a critical lynchpin of that experience is effective cyber and...

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