Page 4 - Fraud Study News Today

The cost of fraud across the Asia Pacific (APAC) region last year rose to 3.51 and 3.87 times the amount of actual lost transaction values due to the rise of fraudulent transactions. These figures, which came from the LexisNexis® True Cost of Fraud Study from LexisNexis® Risk Solutions for the Phili

has partnered with  Smart Engines, a science-driven company that creates advanced data recognition systems for combatting the 30 most common types of ID forgery. The companies aim to prevent the use of forged IDs (such as dummies, photocopies, and monitor recaptures) in the 200+ countries and territories in which they operate—creating a reliable and secure digital KYC experience for customers worldwide. Smart Engines’ ID scanning software uses AI to help Sumsub detect fraud with greater s...

11 May 2021 17:05 GMT Sumsub, an identity verification platform that takes care of KYC/KYB/AML processes, has partnered with  Smart Engines, a science-driven company that creates advanced data recognition systems for combatting the 30 most common types of ID forgery. The companies aim to prevent the use of forged IDs (such as dummies, photocopies, and monitor recaptures) in the 200+ countries and territories in which they operate—creating a reliable and secure digital KYC experience for cust...

NewDay Scores with TigerGraph Cloud to Fight Financial Fraud Leading UK Credit Card Consumer Finance Company Uses Advanced Graph Analytics to Intercept Fraudulent Credit Card Applications, Boost Anti-Fraud Efforts REDWOOD CITY, Calif., Dec. 10, 2020 (GLOBE NEWSWIRE) -- TigerGraph, the only scalable graph database for the enterprise, today announced that NewDay, a leading specialist financial services provider and one of the largest issuers of credit cards in the UK, will use TigerGraph’s ...

TigerGraph, Inc.: NewDay Scores with TigerGraph Cloud to Fight Financial Fraud REDWOOD CITY, Calif., Dec. 10, 2020, the only scalable graph database for the enterprise, today announced that NewDay, a leading specialist financial services provider and one of the largest issuers of credit cards in the UK, will use TigerGraphs advanced graph analytics to prevent and preempt financial fraud. NewDay, with TigerGraph, will transform how the company accesses and views potential customer data. NewDay...