Visa invests in Form3 to help bolster anti-fraud efforts
Visa has entered into a commercial partnership with Form3, to reduce the high levels of fraud across real-time account-to-account payments.
The collaboration is set to...
Over a third of UK emerging financial firms report money laundering in 6 months
In a shocking revelation, a recent survey has highlighted that 36% of firms in the emerging financial sectors of the UK have fallen prey to either money laundering or financial crime in the last half year. The banking sector has been particularly hard-hit, emerging as the most affected sector.
Strise secures $10.8m in series A to redefine AML automation
Strise has secured $10.8m in its series A funding round, as it looks to redefine anti-money laundering (AML) automation.
Having bagged the capital in the...
Mastercard certifies IDEX Biometrics for its Global Payment Solution
IDEX Biometrics, a global technology leader in fingerprint biometrics, has been fully certified by Mastercard, a leading multinational financial services corporation.
NIST drafts major update to its world leading cyber security framework
NIST has revealed its latest draft of the National Institute of Standards and Technologies' cybersecurity framework.
The governing body, which regulates the standards of US...
Mastercard teams with Riskified to reduce eCommerce fraud
Mastercard and Riskified have announced a partnership designed to help businesses increase eCommerce revenues while reducing fraud.
It is hoped that the collaboration will provide...
Visa UK introduce new measures to protect businesses from ‘friendly fraud’
Visa UK has revealed a litany of new measures designed to protect small businesses and combat ‘friendly fraud’.
Emojis and Securities law: How a simple emoji triggered a legal battle
Emojis, while being a widespread form of modern expression, can potentially cause legal problems for firms.
How explainability is reshaping fraud detection in the financial sector
AI and ML models have become an essential part of the FinTech sector, predicting outcomes and making decisions, especially in fraud.
Flagright joins forces with ATII: A bold step in the fight against human trafficking
Flagright, renowned as a global force against financial crime, has formally announced its collaboration with the Anti-Human Trafficking Intelligence Initiative (ATII).