Tag: fraud prevention
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Socure partners with Trustly
Socure, a leading provider of digital identity verification solutions, has announced a strategic partnership with Trustly, a global leader in online banking payments. This partnership will enable Socure to enhance its identity verification capabilities by incorporating Trustly’s secure payment services into its platform. Benefits of the partnership: Improved security: By leveraging Trustly’s payment services, Socure…
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Mastercard joins generative AI race in fraud prevention
In recent years, the rise of artificial intelligence (AI) has transformed various industries, helping businesses automate processes, improve decision-making, and enhance overall efficiency. In the financial sector, AI has played a pivotal role in fraud prevention, detecting and mitigating potential risks for both consumers and organizations. Recognizing the importance of AI-driven strategies, global payment technology…
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Amex to sell fraud prevention firm Accertify
American Express (Amex) recently announced its decision to sell Accertify, a leading fraud prevention company it acquired in 2010. This move comes as part of Amex’s ongoing strategy to focus on its core businesses and dynamic growth opportunities. The sale of Accertify aims to streamline Amex’s operations and enable a more dedicated approach to its…
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Worldpay from FIS shares fraud prevention tips for merchants
In an increasingly digital world, where eCommerce and online transactions are on the rise, it is essential for merchants to prioritize fraud prevention measures to protect their businesses and customers. Security breaches and unauthorized transactions can cause severe financial and reputational damage. Worldpay from FIS, a leading global payments technology company, provides valuable insights and…
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PayPal tackles chargeback fraud
Chargeback fraud is a growing concern for online merchants, causing substantial financial losses. However, PayPal, one of the world’s leading online payment platforms, is taking a proactive approach to combat this problem head-on. What is chargeback fraud? Chargeback fraud occurs when a customer makes a purchase online using their credit or debit card and later…
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The Paypers launches the Fraud Prevention in Ecommerce Report 2023-2024
The Paypers Launches the Fraud Prevention in Ecommerce Report 2023-2024 The Paypers, a leading publisher in the financial and ecommerce industry, is excited to announce the release of its latest report titled “Fraud Prevention in Ecommerce Report 2023-2024”. This comprehensive report delves into the evolving landscape of fraud prevention strategies in the ecommerce sector and…
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Riskified’s fraud prevention is added to CellPoint Digital’s platform
Riskified’s Fraud Prevention is Added to CellPoint Digital’s Platform CellPoint Digital, a leader in mobile commerce and payment solutions, has recently integrated Riskified’s industry-leading fraud prevention solution into its platform. This collaboration aims to create a more secure and seamless payment experience for its customers. Riskified is a cutting-edge fraud prevention company that utilizes advanced…
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Jumio launches new fraud prevention technology
Jumio, a leading provider of AI-powered identity verification and authentication solutions, has announced the launch of its latest fraud prevention technology. The cutting-edge technology aims to enhance security measures and protect businesses from various forms of cyber fraud. With the rapid rise in online transactions and the increasing complexity of fraud techniques, businesses…
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NymCard partners with ACI Worldwide for fraud prevention
NymCard, a leading provider of innovative payment solutions, has announced a strategic partnership with ACI Worldwide, a global provider of real-time electronic payment and banking solutions. This collaboration aims to enhance fraud prevention measures and ensure secure transactions for customers. In an increasingly digital world, online and card payment fraud has become a…