Tag: Fraud

First-party fraud, or “friendly fraud”, is now 50% more common than third-party fraud, according to a report from Fraud.net.

Explorium, a data science solution powered by automated data discovery, has closed its Series B on $31m.

FICO's Siron solution has made a name for itself enabling businesses to combat money laundering and terrorist financing, which is now being used by the International Bank of Azerbaijan (IBA) in a new deal.

Jan Marsalek, former COO of disgraced FinTech Wirecard, is reportedly hiding in Moscow, protected by the Russian secret service.

The Covid-19 lockdown has encouraged scammers to take up their efforts a notch, according to Barclays.

The collapse of Wirecard has sent shock waves through the FinTech industry, cut customers off from their money and raised some serious questions about the role of regulators.

French tech startup ubble has bagged €10m in seed capital and a partnership with Bpifrance, the investment bank.

The collapse of German payment giant Wirecard has taken another turn as the UK's Financial Conduct Authority (FCA) has ordered the FinTech's British branch to cease all regulated activities.

FinTech Wirecard has filed for insolvency after a week of turmoil that saw it unable to account for a $2.1bn hole in its balance sheet and its former CEO being arrested on fraud allegations.

As billions of data records have been stolen through the years, payment giant Visa has announced a new tool in the fight against fraud.