Fraud prevention stories - Page 21

Basware has launched an AI-based solution, AP Protect, aimed at helping companies shield from invoice fraud and errors.

Amid growing fraud concerns, a study reveals 70% of financial institutions are turning to AI and machine learning to bolster defenses, marking a notable shift towards tech innovation.

Traceable AI, a key player in API security, celebrates its year with revenue upwards of 300%. In addition, the firm bolstered its executive team and initiated new products and partnerships.

SEON's 'Fraud Trends 2024' report warns of growing fraud challenges for businesses, citing AI advancements, Fraud-as-a-Service, and economic pressures as key factors.

Data management leader Denodo earns high recognition from Forrester Research for next-gen enterprise data fabric support.

Following a 52% surge in bookings, global AP automation leader Basware reveals expansive growth strategy, with a firm focus on AI innovation, customer growth, and fraud prevention.

Amid growing cybercrime threats, a report indicates that 83% of anti-fraud professionals plan to integrate generative AI into their tools by 2024, tripling its current use.

Visa uses AI to help New Zealand financial institutions prevent $273m in fraud, marking a three-fold increase from 2021 and highlighting the pivotal role of AI in financial security.

HID teams up with Olea Kiosks to offer a revolutionary user experience by integrating facial recognition technology in access control and authentication across various industries.

Fraud prevention platform, SEON, recruits Björn Heckel, seasoned tech executive from Uber and Salesforce, as CTO to reinforce its commitment to fighting fraud and boosting enterprise solutions.

Trustfull has partnered with Provenir, broadening access to data sources via the Provenir Data Marketplace to enhance the efficiency of global risk decisions.

Black Friday and Cyber Monday sales lead to rise in 'false positives', warns SEON, complicating transactions for merchants.

archTIS Limited's NC Protect earns Policy Management Solution of the Year at the CyberSecurity Breakthrough Awards.

The online fraud prevention expert SEON has launched its full suite of fraud prevention solutions to customers on the Amazon Web Services Marketplace.

Eagle Eye's Miles Toolin discusses the company's AI-driven loyalty and promotions platform and its plans for the APAC market. #TechDay #marketing.

By moving away from manual processes towards automated solutions, businesses can identify and prevent invoice fraud via greater transparency and accountability.

A telco's core business is focused on consumers. However, there is also a growing urgency to cut down on fraudulent operations within the network operations.

iDenfy, an identity verification and fraud prevention platform, announces a new partnership with June, a property-tech company.

Global financial crime prevention experts, SEON, hired Matt DeLauro as its new CRO to help prevent financial crime and support businesses.

Cequence Security protects hyper-connected organisations from fraud, business abuse, data losses and non-compliance on web, mobile and API-based applications.