Fraud Prevention

Banks Hesitate Over AI Adoption Amid Job and Regulatory Concerns
Regulatory & Compliance Banks Hesitate Over AI Adoption Amid Job and Regulatory Concerns

Despite the enormous potential of artificial intelligence (AI) to revolutionize the financial services sector, a significant portion of this industry remains hesitant to fully embrace the technology due to concerns around regulatory compliance and the potential for extensive job losses. This

November 8, 2024
How Can AI Improve Fraud Detection in Financial Institutions?
Lending & Investment How Can AI Improve Fraud Detection in Financial Institutions?

The rise of artificial intelligence has brought numerous benefits across various sectors, but it also poses significant challenges, especially in the world of finance. The rapid advancement of AI technology has enabled fraudsters to develop techniques that closely mimic legitimate consumer

November 1, 2024
Getnet Simplifies Latin American E-commerce with Unified Payment System
Digital Banking & Payments Getnet Simplifies Latin American E-commerce with Unified Payment System

In a significant stride towards revolutionizing the e-commerce landscape in Latin America, Getnet, the merchant payment solutions division of Santander, has unveiled Getnet SEP, a groundbreaking unified e-commerce payment system. Developed by Getnet Technology & Operations, this sophisticated

October 28, 2024
Mangopay Wins 2024 Global FinTech Award for Fraud & ID Verification
Regulatory & Compliance Mangopay Wins 2024 Global FinTech Award for Fraud & ID Verification

Mangopay has clinched the prestigious Fraud & ID Verification Award at the 2024 Global FinTech Awards, reflecting its groundbreaking advancements in the field of financial technology. This accolade underscores Mangopay's commitment to combating online fraud and enhancing identity

October 24, 2024
Tookitaki Secures Key Investment to Drive Anti-Financial Crime Solutions
Regulatory & Compliance Tookitaki Secures Key Investment to Drive Anti-Financial Crime Solutions

Tookitaki, a prominent player in the fintech space, recently celebrated its decade-long journey by securing a strategic investment from the True Global Ventures (TGV) Opportunity Fund. This significant funding comes at a crucial juncture, aiming to propel Tookitaki's expansion and innovation,

October 23, 2024
Hong Kong's Digital Banking Trust Soars with Diverse User Growth
Digital Banking & Payments Hong Kong's Digital Banking Trust Soars with Diverse User Growth

In an era where digital banking is rapidly gaining traction worldwide, Hong Kong stands out as a prime example of this burgeoning trend. According to a new survey conducted by the Hong Kong Association of Banks (HKAB), confidence in digital banks among the city's residents and businesses has

October 23, 2024
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