Carefull Launches GreyMatter AI for Elder Fraud Prevention
October 28, 20255 min
Multi-year project aims to help institutions better support aging customers and their families through the complex financial threats facing older adults today.
PAObank, OneConnect Join HKMA AI Sandbox vs Deepfakes
October 15, 20257 min
PAO Bank Limited, a member of Ping An Insurance Company of China, Ltd., together with OneConnect Financial Technology Co., Ltd., an associate of Ping An, have been selected for the second cohort of the Hong Kong Monetary Authority’s (“HKMA”) Generative Artificial Intelligence Sandbox, in partnership with Hong Kong Cyberport Management Company Limited. Their joint “Anti-Fraud Strategy Platform” harnesses advanced AI to improve detection of deepfake fraud, strengthening risk management, sharpening fraud investigations, and enhancing customer...
Resistant AI Raises $25M to Fight Financial Crime with AI
October 14, 20256 min
Resistant AI, the leading provider of native artificial intelligence models for financial crime and fraud prevention, today announced a $25 million Series B funding round. The round was led by DTCP, with strong participation from existing investors, including Experian, GV, and Notion Capital who are doubling down on their investment. The company, which was breakeven in September, will use the capital to solidify its position as a profitable EU AI champion by expanding its document...
99% of CFOs Report Cyber Incidents, Boosting Fintech Spend
October 9, 20256 min
New research commissioned by global S&P500 corporate payments company, Corpay, finds that 99% of UK finance leaders surveyed have experienced payments-related cyber incidents in the past two years, exposing the fragility of legacy systems and an urgent need for change. With finance functions now a frontline target, the research saw ‘cybersecurity threats’ attract the largest percentage of responses (42%) from surveyed CFOs when asked what operational risk they were most concerned about over the next...
Ant International Launches AI SHIELD to Boost Financial AI Security
September 26, 20256 min
AI SHIELD reduces risk of AI service vulnerabilities such as unauthorized access and data leakage by 90% through advanced assessment methods and running safeguards
PCI Pal Appoints New Chief Information Security Officer
September 25, 20254 min
PCI Pal, the global provider of secure payment solutions, today announces that Royston Ballard has joined the company as Chief Information Security Officer (CISO). Following a transition period, Royston succeeds PCI Pal’s long-serving previous CISO, Geoff Forsyth, who is retiring after a highly successful career in technology, CX, and information security. With more than 20 years of cybersecurity experience, including over a decade in senior leadership, Royston Ballard brings a wealth of expertise in building...
Ant International, E-Wallets Launch Payment Safety Alliance
September 12, 20259 min
Digital Wallet Guardian Partnership focuses on AI-powered risk solutions, best practices Wallet partners set to adopt Alipay+ EasySafePay 360 solution designed to cut account takeover risk by 90% Payment leaders in Asia are initiating the Digital Wallet Guardian Partnership, designed to further strengthen the protection of global wallet payments, as digital wallets rapidly become the preferred choice for everyday transactions among consumers in Asia and around the world. Ant International, a leading global digital payment,...
MoMo Partners with iProov to Boost Biometric Security
September 10, 20255 min
MoMo Becomes iProov’s First Partner in Vietnam, Deploying Dynamic Liveness to Protect Users Against AI-Driven Fraud and Build Digital Trust
ParaScript Launches Embedded Signature Verification for Checks
September 9, 20254 min
U.S. Patent Granted for Innovative Check Security Solution
Q2’s AI-Driven Payee Match Detects 3x More Fraud
September 5, 20255 min
Launched in 2024, AI fraud technology enhancement sees a year of proven success for Q2 customers