Mastercard, the payment industry giant, and VikingCloud, a global cybersecurity and PCI compliance company, are jointly developing cybersecurity solutions designed for small and medium-sized businesses.
The payment technology company ACI Worldwide has teamed with the fintech brand Banfico.
Worldpay has agreed to acquire London-headquartered artificial intelligence-native fraud prevention platform Ravelin.
Did you know that over 80% of companies dealing with online sales struggle to figure out the reasons for payment failures? If you don’t know the core issue you can only try to patch the visible outcomes but will always fail to solve the problem. So, why is getting to the bottom of the failed […]
PayPal will pay $2 million in settlements to New York State’s Department of Financial Services over weak cybersecurity measures that caused a sensitive customer data leak in 2022.
Recently, there has been a tendency in the world to steadily increase the number of ways to commit financial crimes, including through fraudulent approaches to corresponding illegal activities, in the digital environment and this process demonstrates a significant degree of intensity and almost daily scaling, against which it is logical that the issue of cybersecurity […]
Truecaller brings its real-time caller ID and automated spam call blocking to iOS for the first time in a major update.
By allowing customers to communicate directly within the app, the new Revolut service aims to reduce the risk of fraudulent phone scam activities.
Blockchain data platform Chainalysis acquired Alterya, an artificial intelligence-powered fraud detection solution that works with cryptocurrency exchanges and fintech companies to identify fraudsters and protect end users of firms from authorized swindle.
CrowdStrike chief executive officer George Kurtz said this company turned last year’s crisis into an opportunity.
In 2024, one in five consumers fell victim to scams, with the majority affected online, says Barclays fresh report.
Ransomware is currently what can be called an industry since the financial volume of the relevant space for illegal activities in a virtual environment already amounts to billions of dollars.
In the current year, the total amount of funds stolen as a result of hacker attacks on cryptocurrency platforms reached $2.2 billion.
2024 was a challenging year for many fintech companies but it also brought a lot of encouraging results for the industry. Today, we’ll talk about the most notable fintech innovations of this year that are ushering in new opportunities for customers and businesses alike.
The era of digitalization as a global process continues and scales, gradually infiltrating more and more into various aspects of the existence of human civilization and spheres of activity, including the banking sector, many players of which, despite the possibilities of advanced technologies, continue to face old problems in areas anti-money laundering (AML) and Know […]
SmartVista Fraud Risk Management solution will safeguard MCB Bank financial transactions with advanced AI fraud detection capabilities, real-time transaction monitoring, behavioural profiling, and machine learning-based risk assessment.
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