Tag: Fraud

Deutsche Bank has reportedly found ‘serious failings’ within its payments screening and AML procedures.

Payment processor Allied Wallet has settled the $110m charge against the company which had been filed by the US’ Federal Trade Commission (FTC).

BanQu, a blockchain-based identity platform designed for the unbanked, has reportedly secured an extension to its Series A.

TruNarrative has partnered with UK-based Atom bank to help the firm with its AML transaction monitoring and financial crime customer screening and monitoring.

Autonomous financial crime detection company NICE Actimize has enhanced its e-communication surveillance solution with improved machine learning, analytics and investigative tools.

Nethone, a KYC solution helps thats to reduce fraud in online transactions, has bagged $1m in its first external funding round.

Cybersecurity company Foregenix has teamed up with Australian payment card security company Tranwall to combat the rise of global ATM cashout fraud.

Just under three quarters of Asia Pacific banks believe fraud cases in the region will increase ‘moderately or significantly’ during 2019, according to a study from FICO.

TSB Bank has revealed a Fraud Refund Guarantee which protect customers fallen victim to fraudulent activity.

Simudyne, a platform which hosts financial market simulations to identify fraud, has pulled in $6m in Series A of fundraising.