Card fraud

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Worldpay releases FraudSight tool

Worldpay, Inc. (NYSE: WP; LSE: WPY) is releasing FraudSight a new solution designed to prevent fraud and optimize approval rates potentially boosting revenue across all channels.

/Card fraud

Featurespace selected by everis for machine learning risk management

Featurespace, the leading machine learning Adaptive Behavioural Analytics fraud and risk management company, announced that everis, a multinational business consultancy serving clients in multiple sectors, has selected its ARIC™ platform to help banks combat payments and account fraud.

/Card fraud

Cardstream and Gala form alliance to combat chargeback fraud

Cardstream announced a game-changing fraud prevention alliance with Gala Technology, aimed at protecting thousands of embattled Card Not Present Mail Order Telephone Order (CNP MOTO) merchants.

/payments

Fed study finds rising noncash payments fraud

The value of fraudulent noncash payments in the United States rose significantly between 2012 and 2015--outpacing growth in noncash payments overall, according to a new report based on Federal Reserve Payments Study data.

/Card fraud

First Data targets card fraud with new release

First Data, a global leader in commerce-enabling technology, today announced the launch of FirstSense, a comprehensive solution that integrates threat intelligence with First Data’s fraud detection and transaction authorization engine, enabling financial institutions to identify payment cards at risk and prevent fraud before it happens.

/Card fraud

CompoSecure surpasses one million mark in dual interface metal cards manufacturing

CompoSecure, L.L.C., a pioneer and global leader in the design and manufacturing of premium financial cards, today announced that it has produced more than one million dual interface (EMV chip & contactless) metal cards.

/Card fraud

PIMFA and FCI launch intelligence sharing platform to tackle financial crime

In response to the evolving threat and cost of financial crime PIMFA, the UK’s leading wealth management and financial advice association and Financial Crime Intelligence Ltd have launched the ground breaking PIMFA-AECIS intelligence sharing platform.

/Card fraud

Fiserv boosts call centre customer authentication

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today it has introduced two enhanced consumer authentication solutions, step-up authentication and identity verification, to mitigate card fraud within call centers.

/Card fraud

PSCU and Ondot team on card alerts

PSCU, the nation’s premier payments credit union service organization (CUSO), has partnered with Ondot, the global leader in mobile payments services, to further enhance the credit union member experience through a comprehensive Alerts and Controls solution.

/Card fraud

Pelican launches live 'beta' version of its API hub

Pelican, a global provider of payments and financial crime compliance solutions to banks and corporates, has announced the live ‘beta’ launch of its pan-European API Hub for banks.

/Card fraud

Mastercard names Simon Hunt head, cybersecurity solutions unit

Mastercard today announced that leading cybersecurity expert Simon Hunt will join the company as executive vice president to head its cybersecurity solutions unit.

/Card fraud

Stripe boosts fraud prevention with Radar 2.0

We launched Radar in 2016 to help protect our users from fraud. We’ve blocked billions of dollars in fraud across the Stripe network for companies of all sizes—from startups like Slice and WeSwap to larger companies like Fitbit and OpenTable.

/Card fraud

Fiserv starts offering banks Mastercard Decision Intelligence

Fiserv, (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today it is offering Mastercard® Decision Intelligence™, a comprehensive decision and fraud detection service.

/Card fraud

The ai Corporation partners with Quatrro for fraud detection

The ai Corporation (ai), an FCA approved expert in fraud and risk management, today announced that it will be partnering with Quatrro, a leading fraud detection and prevention services provider, as part of its continued global expansion and to satisfy the increasing demand for its unique fraud and risk management solutions in the USA

/Card fraud

The ai Corporation employs machine learning to combat fuel card fraud

Fraud and risk management experts, The ai Corporation (ai), are helping global retailers to combat fraudulent use of fuel cards, and protect users, using artificial intelligence (A.I.) and machine-learning (ML), in a move that will revolutionise the global retail industry’s use of fuel cards.

/Card fraud

Al Hilal Bank and Visa partner for payments in UAE

Global payments technology company, Visa (NYSE:V), and Al Hilal Bank today announced a partnership to accelerate the adoption of contactless payments in the country and facilitate payments innovation in the UAE with the launch of three Visa payWave-enabled premium debit cards.

/Card fraud

The ai Corporation joins UK govt fraud taskforce

Fraud and risk management experts, The ai Corporation (ai), have been working with the UK Government to develop a national response to online fraud and have been invited to join the Home Office and National Audit Office’s (NAO) Joint Fraud Taskforce.

/Card fraud

Leumi Card fights fraud with Feedzai AI platform

Leumi Card, one of Israel’s leading consumer credit card service providers, will implement Feedzai’s Artificial Intelligence (AI) platform to enhance its fraud detection and prevention capabilities, while continuing to provide a frictionless omnichannel experience for its customers.

/Card fraud

Fraugster launches AI fraud preventer for e-commerce

Fraugster, a German-Israeli payment security company, has launched a fraud prevention solution, Fraud Free Product, using artificial intelligence technology that it claims is so advanced that it can foresee fraudulent attacks before they actually happen.

/Card fraud

VTEX becomes PCI Security Standards Council participating organisation

VTEX, a global digital commerce platform servicing more than 2,000 companies worldwide, announced today that it has joined the PCI Security Standards Council as a new Participating Organization.

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