Mastercard has teamed with financial crime prevention company Feedzai to help financial institutions prevent scams. “As payments continue to evolve, fraudsters are increasingly using AI to scam consumers,” the companies said in a news release Tuesday (Feb. 18). “This cost more than $1 trillion last...
As demand for faster payments grows, so does the risk of fraud. More than 170 million U.S. consumers received at least one disbursement in the past year, highlighting the need for rapid transactions. According to a PYMNTS Intelligence report, “Protecting Accelerated Disbursements From Fraud,” in...
Trust Payments, which works on frictionless payments and value-added services, announced Tuesday (June 7) that it has entered a multi-year partnership with Feedzai, a RiskOps platform for financial risk management. The partnership will add cloud-based risk management for Trust Payments’ customers. The risk management will...
Artificial intelligence FinTech Feedzai announced Wednesday (Aug. 4) it has acquired Revelock, a behavioral biometric platform. The companies say their combined capabilities allow financial institutions and merchants around the world to detect and stop financial crime before it happens. “More than 20 percent of the...
March 04, 2025
A chain is only as strong as its weakest link. The bigger the chain, the more important its security becomes. The adage has taken a new meaning in 21st-century payments innovation, where forward-thinking financial players are leaning into advanced cybersecurity measures to protect consumers and drive financial inclusion. Collaborations that enhance security and accessibility are […]
December 03, 2024
As demand for faster payments grows, so does the risk of fraud. More than 170 million U.S. consumers received at least one disbursement in the past year, highlighting the need...
September 25, 2020
Although still a horrific event, the ongoing coronavirus crisis has, in many ways, created positive outcomes. In the world of payments, the pandemic introduced a once-in-a-lifetime event to accelerate digitization...
September 18, 2019
For FIs, staying secure requires a fundamental shift in how they protect against account opening fraud and synthetic identity theft, says Dominic Venturo, executive vice president at U.S. Bank. In...
February 18, 2025
Mastercard has teamed with financial crime prevention company Feedzai to help financial institutions prevent scams. “As payments continue to evolve, fraudsters are increasingly using AI to scam consumers,” the companies said in a news release Tuesday (Feb. 18). “This cost more than $1 trillion last year, with more than 50% of consumers saying they had […]
June 07, 2022
Trust Payments, which works on frictionless payments and value-added services, announced Tuesday (June 7) that it has entered a multi-year partnership with Feedzai, a RiskOps platform for financial risk management....
August 04, 2021
Artificial intelligence FinTech Feedzai announced Wednesday (Aug. 4) it has acquired Revelock, a behavioral biometric platform. The companies say their combined capabilities allow financial institutions and merchants around the world...
October 08, 2020
Risk management platform Feedzai announced a 44 percent increase in growth for the first half of the fiscal year for 2020, which a press release says was one of the...
