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[ad_1] “You can make them the way you want instead of trying to fit into the box that the app has given you,” she said. Are...
[ad_1] According to the Pew Research Center, 13% of people who have ever used PayPal, Venmo, Zelle or Cash App say they have sent someone money...
[ad_1] Financial institutions are looking to data-sharing consortiums to defend against financial crime as consumer fraud losses reached nearly $9 billion in 2022 and generative AI...
[ad_1] In one week in April, Metro Credit Union received more than 450 fraudulent account opening applications. Using manual processes, fraud and digital teams at the...
[ad_1] What if a bank’s compliance software could relay messaging in natural language? That’s the question anti-money laundering fintech Lucinity is hoping to answer with Luci,...
[ad_1] Banks are exploring use cases for large language models to fight fraud as the technology’s ability to detect patterns in data and natural language is...
[ad_1] Regulatory technology and fraud prevention are two areas that financial institutions should be investing in now to reduce losses and overhead costs. As state and...
[ad_1] Payments technology and the ability to facilitate real-time payments is top of mind for many financial institutions as the U.S. government’s real-time payments service FedNow...
[ad_1] Credit unions and community banks are looking to digital communications platform Eltropy to strengthen call center authentication and ultimately reduce fraud as voice-cloning tools and...
[ad_1] Synthetic identity fraud remains a constant challenge for banks, with a growing number of fraudsters attacking demand deposit accounts since the onset of the COVID-19...
[ad_1] Financial fraud is big business for cybercriminals, with the Federal Trade Commission (FTC) estimating that $5.8 billion was lost to scams in 2021, a 70%...
[ad_1] One of the first banks to leverage a new secure ID validation process for digital account opening from core provider Jack Henry and AI-powered identity...
[ad_1] Press Release – updated: Oct 16, 2018 Las Vegas, United States, October 16, 2018 (Newswire.com) – FP101 is like no other online e-course on the...