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 […]
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.
The media reported that hackers broke into the systems of the central bank of Uganda and stole 62 billion shillings ($17 million) from its accounts.
Insurance broker Howden on Monday, November 25, released information according to which over the past five years in the United Kingdom, businesses have lost approximately 44 billion pounds ($55.08 billion) due to cyberattacks.
BioCatch, which specializes in developing fraud prevention solutions, announced the launch of what it described as the world’s first interbank network for the sharing of information on financial crimes.
QR codes have recently become one of the most common tools for committing crimes among scammers who operate in the virtual space.
In the rapidly growing world of cryptocurrency, securing your property is critical. As we dive deeper into digital finance, one of the most good sized errors an investor can make is underestimating the importance of protection in dealing with and buying and selling/exchanging cryptos and crypto wallets. While diverse wallets just like the Starknet Wallet […]
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