Fraud Detection

SEON Tackles Fraud in the BNPL Space

2 years 2 months ago
Security, Fraud Detection

The world’s fastest growing fraud prevention business is on a mission to eradicate fraud in the Buy Now, Pay Later (BNPL) sector.

Avast and Cyber Insurance Specialist OSR Launch Cyber Safety Insurance For UK Households

2 years 2 months ago
Security, Fraud Detection

The ‘OSR: Home Cyber Plus’ policy includes an emergency cyber response helpline for UK households and a 12-month subscription to Avast Premium Security for up to 10 devices

How Will SCA Change Fraud Pressure for Businesses?

2 years 2 months ago
Fraud Detection

How Will SCA Change Fraud Pressure for Businesses? Strong Customer Authentication (SCA) is a requirement of the second Payment Services Directive (PSD2) in the UK and the EU. Aimed at securing online payments, consumers’ identities are verified with a two-factor authentication. This authentication will ask consumers to prove two of three factors: ● Knowledge — something they know, like a password ● Possession — something they own,... more

New Report Today Reveals a Staggering 85% Increase in Online Fraud With Over a Fifth of All Online Traffic Now an Attack

2 years 2 months ago
Security, Fraud Detection

In the UK: gaming, online streaming and social media sites, travel and retail/ecommerce companies are the worst hit by fraudsters Experts also find that the metaverse is already fast becoming a fertile breeding ground for cybercrime and newly defined, ‘Master Fraudsters’

UTP Shield to Provide Increased Fraud Protection to Merchants

2 years 2 months ago
e-Payments, Fraud Detection

Following the success of its award-winning Faster Processing solution, UTP Merchant Services, one of the UK’s largest providers of physical and online payment solutions, is launching a free service to help protect its customers from potential fraud and chargebacks.

Digital Fraud Continues to Rise, With Remote Banking Fraud up 53%

2 years 3 months ago
Security, Fraud Detection

Josh Gunnell, head of fraud & ID pre-sales at TransUnion in the UK, comments on the recent ONS fraud statistics “The latest quarterly fraud figures from the Office for National Statistics highlight the extent of the impact of the pandemic, with fraud up 36% for the year to September 2021, compared with the year ending September 2019, at 5.1 million fraud offences. Much of this was driven by financial and retail fraud, which is unsurprising,... more

ComplyAdvantage Names Nabeel Vilcassim CFO And Oliver Furniss CPO As The RegTech Innovator Prepares For Record Growth In 2022

2 years 3 months ago
Fraud Detection, Risk Management, People Moves

With An Expanding Portfolio Of Global Hyper Growth Customers, Record Search Volumes, World-Class Partnerships And Recent Investment The Company Readies To Scale

SEON Becomes the World’s Quickest Growing Fraud Prevention Company

2 years 3 months ago
Fraud Detection, Authentication Technology

To mark the start of 2022, SEON is reflecting on a year of tremendous business and customer growth, as well as celebrating its new status as the world’s fastest-growing fraud prevention company. Kicking off 2021 with a bang, the fraud fighting company announced its first significant round of venture capital financing. Led by Creandum, the $12 million funding round represented the largest Series A investment in Hungarian history.

Contextual Intelligence – A new Tool in the War Against Fraud

2 years 3 months ago
Fraud Detection

Doug Clare, Vice President of Product Management, Fraud Protection and Compliance, FICO, describes the benefits of examining the full picture

Financial Industry Warned of Continuing Fraud

2 years 4 months ago
Security, Fraud Detection

More than 50 delegates from the UK’s leading banks and other financial organisations have been told that mandating fraud measures such as UCN Plus• would help stay one step ahead of fraudsters. That was one of the many warnings shared at The 7th Annual Conference for Cheque Imaging & Remote Deposit Capture, held last week in Central London.

Radiflow Welcomes New European Partnerships as Projects Jump 60% Year Over Year

2 years 4 months ago
Cybersecurity, Fraud Detection

Radiflow welcomed new partnerships across Europe in 2021 in preparation to meet 2022 targets. We have recognized impressive growth through our global partners and are now strengthening our presence through local partnerships. said Radiflow CEO, Ilan Barda

60% of Fraudsters Use Physical Fakes: New Study From Sumsub

2 years 4 months ago
Fraud Detection, AML and KYC

Anti-fraud and verification platform, Sumsub, is sharing the results of its identity fraud research to help businesses protect themselves from cybercriminals

Tis the Season to Prevent Payments Fraud

2 years 4 months ago
Payments, Fraud Detection

Colin Neil, UK Managing Director of Adyen With Christmas around the corner, most shops and businesses have dusted off their decorations and braced themselves for the busiest time of year. While many bemoan how Christmas seems to come earlier every year, for some businesses it couldn’t come soon enough.

Sumsub Launches a Self-Start Service and Opens Its Anti-Fraud Platform To SMBs

2 years 4 months ago
Fraud Detection, FinTech StartUps

An anti-fraud and identity verification platform is offering new plans for small business customers to provide identity verification and KYC/AML compliance and background checks. Sumsub, a startup that fights money laundering and online fraud, has launched the first Self-Start Service and offers new identity verification plans for small businesses. The initiative was launched in response to the 40 percent surge in fraud targeted at small and... more