Introduction The insurance industry is evolving rapidly, with technology playing a crucial role in improving efficiency and accuracy in risk assessment. In a major move, Cytora, a leader in...
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February 20, 2025
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Fintech Staff Writer
The Impact of RegTech on Fraud Prevention and Compliance Automation
Introduction The world faced its biggest financial crisis since the Great Depression. The federal government needed to restore public trust in financial institutions. That meant new regulatory oversight. One...
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February 14, 2025
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Fintech Staff Writer
Sardine Secures $70Million Series C to Combat AI-Powered Financial Fraud
Introduction Money moves faster than ever, and so does fraud. As AI-driven scams become increasingly sophisticated, the financial industry struggles to keep up. Sardine, a fintech company specializing in...
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February 5, 2025
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FinTech Media Room
Socure Verifies 2.7B Identities in 2024, Leading Amid AI & Fraud Threats
Socure, the leading AI-driven platform for digital identity verification, fraud prevention, and sanctions screening, achieved unparalleled growth and performance in 2024. Amid an era of increasing threats from AI-based deepfakes, injection...
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February 3, 2025
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Fintech Staff Writer
Fraud in Digital Payments: The Role of Tokenization and Encryption
Introduction Using tokenization and encryption can reduce fraud by up to 80%, according to McKinsey & Company. Mobile wallets, internet transactions, and contactless payments have transformed company and customer...
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January 28, 2025
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Fintech Staff Writer
AI-Driven Fraud Prevention: The Next Frontier in Financial Security
Fraud is among the most serious challenges in the financial world nowadays. Cybercrime continues to evolve to exploit systems each year, putting billions of dollars at stake by coming...
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December 6, 2024
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Fintech Staff Writer
Why Teens and Tech-Savvy Workers Could Be the New Cyber Threats?
Introduction Be prepared for the unexpected when it comes to cybercriminals and threat vectors. Experian’s 12th annual Data Breach Industry Forecast, with AI at the forefront, includes five predictions...
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November 19, 2024
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Fintech Staff Writer
France Embraces Crypto Revolution with Gemini’s Spectacular Launch
Embrace Innovation as Gemini Takes Off in France’s Booming Crypto Scene After establishing itself as a Virtual Asset Service Provider earlier this year, the company is now leveraging France’s...
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November 12, 2024
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Fintech Staff Writer
Identity Fraud: How Much Banks Lost in 2024?
In 2023, fraud losses to businesses due to identity theft exceeded $635 billion—are you prepared to protect your organization? What is Identity Fraud? Identity fraud is the top priority...
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October 29, 2024
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Fintech Staff Writer
Elevate Your Risk Management as Socure Secures Effectiv for $136Million
A San Francisco-based start-up that specializes in risk decisioning, Effectiv, is set to be acquired by US digital identity verification and fraud prevention platform Socure for $136 million. The...