Nine UK banks tap Mastercard for new AI-powered fraud risk solution
Lloyds Bank, NatWest, Monzo and TSB are some of the UK banks partnering with Mastercard for its latest offering.
Lloyds Bank, NatWest, Monzo and TSB are some of the UK banks partnering with Mastercard for its latest offering.
This free how-to guide from LexisNexis Risk Solutions provides need-to-know insights about how to win digital trust.
The company says the funding has fueled the growth of its Fintech Fraud DAO consortium, launched last fall.
Socure has integrated Berbix’s tech to launch its new predictive document verification solution, DocV 3.0.
The proposed measures include revising the Payment Services Directive to become PSD3.
Founding members include Chesapeake Bank, Visa, Airbase, Blockchain.com, Alloy Labs Alliance, iLex, and Novo.
Novobanco will deploy Feedzai’s Digital Trust (DT) and Transaction Fraud for Banking (TFB) solutions.
Google Cloud claims its AML AI solution helps increase risk detection and lower operational cost.
Binance failed to secure a virtual asset service provider (VASP) licence in the Netherlands.
Consilient, a US-based regtech, aims “to transform how the industry prevents financial crime”.
Ribbit CEO Greg Rable says bringing together the two companies is a “win-win” for both customers and Ribbit.
Take a look at the 2023 Banking Tech Awards USA well-deserved winners.
Buyers, sellers, agents and escrow holders, can now move money “swiftly” and access expanded payment options.
In its trial phase, the platform cut down the time taken to resolve scam cases by more than half.
Strickland joins Copper from Elements Digital where he was chief compliance officer.
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A handy round-up of the recent funding endeavours of fintech companies across the globe.
Over one-third of all UK building societies now use Jade ThirdEye’s tech to fight financial crime.
The bank will adopt Resistant AI’s Transaction Forensics solution to help detect suspicious transactions.
The bank will utilise NetGuardians’ financial crime solutions to tackle growing issues such as APP fraud.
The regulator says it will review the evidence gathered and consider taking further action where necessary.
Mastercard Crypto Credential defines verification standards, instilling “critical” trust in blockchain tech.
It took this step due to a “number of outstanding debts” with “no reasonable prospect” of repaying them.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Sonar will help protect the growing business against sanctions violations and other types of financial crime.
With the acquisition, Smile Identity aims to expand its reach across Ghana and francophone Africa.
Fenergo says the new hires will play a “pivotal role” in driving its global expansion and SaaS strategy.
MiCA will ensure crypto transfers can be traced and suspicious transactions blocked.
The NECC estimates “hundreds of millions” of pounds are laundered annually using cash deposits at the Post Office.
Radicant will deploy NetGuardians’ AI-led software to enhance payment protection.
Leek Building Society will use Jade ThirdEye’s Customer Screening and Transaction Monitoring SaaS solution.
At Visa, Yu led teams across the business, including business development, sales, finance, and operations.
Tynan has served on the firm’s board since August 2021 and has previously held roles at BofA and Citigroup.
BNP Paribas Cash Management will deploy Worldline’s Account Validation solution.
The company will use the new capital to expand its global presence and hire more engineering staff.
Under the new rules, cryptoasset transfers will have to include information on their source and beneficiary.
Finch Capital increased its stake in the company after having led Fourthline’s previous funding round.
Onfido’s solution allows The Co-operative to meet regulatory requirements and customer preferences.
The start-up has been self-funded by its co-founders, with $20 million in capital.
OKX sees “immense potential” in Hong Kong and is committed to building out the local ecosystem.