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Financial Crime/Fraud Prevention

FRISS survey finds insurers increasingly interested in fraud detection software

FRISS, an automated fraud and risk detection solution for P&C insurance companies, has found insurance carriers are putting focus on fraud prevention through a new survey.

The Association for Financial Professionals finds accounts payable systems at risk

The Association for Financial Professionals (AFP) has called for all businesses to improve their accounts payable systems as payment fraud attacks become more sophisticated.

Zwipe, Smart Technology partner for biometric card production system

Biometric technology developer Zwipe has partnered with Smart Technology to lower time to market and manufacturing costs for biometric payment cards.

SmartMetric launches new live finger detection service

SmartMetric, a developer of biometric identification services for the payments industry, has released a new live finger detection service for its card fingerprint scanner.

MAS finalises new regulatory framework for payments

The Monetary Authority of Singapore (MAS) has finalised the new regulatory framework for the payment services in Singapore.

Online payment fraud to reach $48bn by 2023

Losses from online payment fraud is expected to reach $48bn by 2023, more than double that projected for 2018.

Konsentus adds Transact Payments to its list of partners

Konsentus, which provides identity and regulatory checking services to financial institutions, has added Transact Payments to its list of partners.

Arctic Intelligence forms new 3-year deal with Deloitte

Arctic Intelligence has extended it partnership with Deloitte to help build stronger financial crime risk and exposure management services.

To beat financial crime, organisations can no longer afford to not share data

Financial criminals are winning, so organisations need to be more vigilant and work together to combat it, according to Anthony Quinn, founder and CEO at Artic Intelligence.

Arkose Labs closes PayPal investment, just months after Series A close

Arkose Labs, a provider of online fraud prevention technology, has received a strategic investment from PayPal.

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