Fraud Prevention

Galileo, DataVisor Debut Payments Risk Mitigation Platform
Galileo, DataVisor Debut Payments Risk Mitigation Platform
September 20, 2022  |  Fraud Prevention

Galileo Financial Technologies has expanded its Galileo Payment Risk Platform with a partnership with DataVisor, which works in fraud and risk management, to offer more...

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DOJ Seeks to Double Jail Time for Money Transmission Crimes
DOJ Seeks to Double Jail Time for Money Transmission Crimes
September 20, 2022  |  Regulation

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Treasury Department Seeks Public Comment on Crypto Risks
Treasury Department Seeks Public Comment on Crypto Risks
September 19, 2022  |  Cryptocurrency

The U.S. Department of Treasury is asking for public comment on any risks that digital assets pose in terms of illicit finance and national security. ...

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Ingo CEO on Avoiding Account Funding’s ‘Russian Roulette’
Ingo CEO on Avoiding Account Funding’s ‘Russian Roulette’
September 13, 2022  |  Security & Fraud

“If the fraudsters find a hole, they’re going to run a bunch of transactions through it,” Ingo Money CEO Drew Edwards remarked to Karen Webster....

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Finland’s Findynet Paves Way for Pan-EU Interoperability
Finland’s Findynet Paves Way for Pan-EU Interoperability
September 12, 2022  |  Security & Fraud

The Nordic countries have been spearheading digital payment innovation for decades and the adoption of electronic identity (eID) documents is no different. However, ensuring the...

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FinTechs Say Traditional Payment Rails Don’t Meet SMB Owners’ Needs
FinTechs Say Traditional Payment Rails Don’t Meet SMB Owners’ Needs
September 09, 2022  |  Disbursements

Digital payments have become table stakes in the United States and worldwide. More than $6.6 trillion in digital payments changed hands last year, a 40%...

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EMEA Daily: Cazoo Pulls Out of EU; Pleo Teams With Yapily
EMEA Daily: Cazoo Pulls Out of EU; Pleo Teams With Yapily
September 08, 2022  |  emea

Today in Europe, the Middle East and Africa, the online car seller Cazoo announced that it would wind down its business in mainland Europe and...

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Neobank IppoPay Buys Tutelar To Boost Risk Management
Neobank IppoPay Buys Tutelar To Boost Risk Management
September 06, 2022  |  Acquisitions

IppoPay, a neobank startup, has bought Tutelar, an AI-enabled risk management startup, a press release said. Get the Full Story Complete the form to unlock...

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Lawsuits Show Crypto KYC Can Help Recover Losses
Lawsuits Show Crypto KYC Can Help Recover Losses
September 02, 2022  |  Cryptocurrency

One of the biggest issues virtually all crypto regulations seek to fix is the need to identify the parties in every transaction, which is difficult...

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