Simmons Bank’s True Brown joins Sept. 9 panel on bank security and ID best practices
True Brown, director of Simmons Bank’s Financial Crimes Group True Brown, director of the financial crimes group at Simmons Bank, ...
Tag: fraud and anti-fraud
FDIC’s new CIO touts competitive advantages offered by AI
As banks, fintechs and financial institutions grapple with how to implement artificial intelligence (AI), the U.S. Federal Deposit Insurance Corporation ...
Banks turn to RPA to automate collections, compliance and core conversions
Banks are turning to robotic process automation (RPA) to automate collections, make core transitions and help with fraud and anti-money ...
Online payment fraud in e-commerce to exceed $20 billion in 2021
As people increasingly shop online, fraudsters are targeting weak points in the e-commerce ecosystem. Image: Nahel Abdul Hadi/Unsplash Losses from ...
Listen: Bot attacks on rise in US, LexisNexis says
Automated bot cyberattacks are on the rise, while human-initiated attacks are down. Bot attacks increased by about 100 million last ...
How AI can reduce false positives for fraud
Most transactions flagged as fraud are false positives, and they are driving unnecessary costs. In this podcast, David McLaughlin, CEO ...
Nasdaq to buy Newfoundland’s Verafin for $2.75B in cash
Nasdaq Inc. agreed to acquire Verafin, a provider of technology that fights financial fraud and money laundering, for $2.75 billion ...
Marqeta bolsters verifications amid rising fraud
Marqeta, a card-issuing company that works with Affirm, Instacart and DoorDash, is working on a new product to combat digital fraud ...
Wells Fargo tackles rising B2B fraud
As fraudsters evolve their strategies amid the pandemic, Wells Fargo is investing in educational tools and resources so business clients ...
Visa invests in tokenization amid e-commerce boom
Visa has onboarded 28 new tech partners onto its Visa Token Service platform, the company announced today. The move will ...
