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Latest Results from /security

/security

Plaid using ML to counter GenAI with new identity verification features

New generative AI models now pop up almost every week, and even unsophisticated fraudsters use them to generate convincing ID verification sessions at scale.

/security

BioCatch names Andreas Dombret as a senior advisor

BioCatch, which prevents financial crime by recognising patterns in human behavior, today announced the appointment of Andreas Dombret as a senior advisor.

/security

Swedish regulators fine Swedbank for security shortcomings

The Swedish Financial Supervisory Authority (SFSA) announced today that Swedbank has been fined SEK 12.5 million for violations of the protective security regulation.

/security

Greenlight introduces 'Family Shield' plan

Greenlight, the award-winning money and safety app for families, today announced the launch of Family Shield, its newest subscription plan designed to help caregivers protect seniors from financial fraud and ensure their physical safety.

/security

Entercard adopts Fico platform to fight application fraud

As part of its enterprise fraud programme, Entercard will use AI-powered technology from global analytics software leader FICO to better identify fraudulent account openings.

/security

Adyen and JCB introduce card-on-file tokenization

Adyen, the financial technology platform of choice for leading companies, and JCB Co., Ltd., announced the rollout of JCB’s card-on-file (COF) tokenization service (hereinafter “COF tokenization”), aimed at enhancing the security of credit card transactions for e-commerce merchants.

/security

First-party fraud surpasses scams to become leading form of global attacks

LexisNexis Risk Solutions releases its annual Cybercrime Report, an analysis of over 104 billion global transactions in the LexisNexis Digital Identity Network platform during 2024.

/security

DBS adds mobeil wallet security feature

In an effort to combat the rise of mobile wallet phishing, DBS Bank will launch a new “Mobile wallets” feature within DBS/POSB digibank app’s Payment Controls, preventing scammers from adding phished card details to their mobile wallets.

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Paysafe and Fiserv expand partnership

Paysafe (NYSE: PSFE), a leading payments platform, and Fiserv, Inc. (NYSE: FI), a global provider of payments and financial services technology solutions, are expanding their long-term partnership to deliver even greater value to their customers.

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DBS adds to mobile wallet security features

In an effort to combat the rise of mobile wallet phishing, DBS Bank will launch a new “Mobile wallets” feature within DBS/POSB digibank app’s Payment Controls, preventing scammers from adding phished card details to their mobile wallets.

/security

Willis launches insurance coverage for fintechs

Willis, a WTW business, (NASDAQ:WTW), today announced the global launch of FinTech Plus, a streamlined, forward-thinking insurance solution crafted specifically for FinTech firms navigating scale, complexity, and regulatory evolution.

/security

Payabl. integrates with Sift for AI-powered fraud prevention

payabl., a leading European financial technology provider, today announced its partnership with Sift, the AI-powered fraud platform delivering identity trust for hundreds of businesses worldwide.