Fraud Prevention

Why AI Is Social Media Fraud’s New Best Friend
Why AI Is Social Media Fraud’s New Best Friend
July 05, 2019  |  Fraud Prevention

It can be difficult these days to remember the almost idyllic promise of social media when it first entered the general consumer consciousness. That’s not...

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Citi On The Art And Science Of Detecting B2B Outlier Payments
Citi On The Art And Science Of Detecting B2B Outlier Payments
July 02, 2019  |  Fraud Prevention

Citi has unveiled its Payment Outlier Detection system, which helps corporates find anomalies in payment flows, cutting down on fraud and false positives. Manish Kohli,...

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Kount Launches New AI Tool To Detect Fraud
Kount Launches New AI Tool To Detect Fraud
June 27, 2019  |  Fraud Prevention

Digital fraud prevention company Kount has launched a new artificial intelligence (AI)-driven solution to enhance payments fraud prevention. The company said this latest solution creates...

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Citi Launches Outlier Payment Detection For Treasurers
Citi Launches Outlier Payment Detection For Treasurers
June 26, 2019  |  Security & Fraud

Citi is rolling out its Payment Outlier Detection solution for corporate treasurers to automate the detection of outliers and combat fraud. The financial institution announced...

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Crypto Regulation To Tighten Scrutiny On Money Laundering
Crypto Regulation To Tighten Scrutiny On Money Laundering
June 24, 2019  |  Security & Fraud

Amid the announcement of a new cryptocurrency – that would be Libra – the Financial Action Task Force (FATF), which operates as global regulatory firm...

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Credit Unions Find Friendly Ground With FinTech Firms
Credit Unions Find Friendly Ground With FinTech Firms
June 21, 2019  |  Credit Unions

Consumers’ lives are becoming more digitally focused, which means it’s natural and expected that credit unions (CUs) are feeling the pressure to raise the level...

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AML/KYC’s Data Confidence Crisis
AML/KYC’s Data Confidence Crisis
June 20, 2019  |  Security & Fraud

The last thing anyone wants to hear from a financial organization is that the people tasked with risk management are feeling less than confident about...

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How Mobile Card Services Turn Location Into Loyalty
How Mobile Card Services Turn Location Into Loyalty
June 19, 2019  |  Mobile

Location matters in real estate. It matters, too, when protecting credit cards against compromise. As Ondot CEO Vaduvur Bharghavan tells Karen Webster, location matters, too,...

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Visa Advanced Authorization Blocks $25 Billion In Fraud
Visa Advanced Authorization Blocks $25 Billion In Fraud
June 17, 2019  |  VISA

Visa has rolled out internal data that indicates its artificial intelligence (AI)-based Advanced Authorization (VAA) security product has helped issuers prevent an estimated $25 billion...

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