Tagged: crime prevention

November 24, 2022 @ 9:35 am By Omar Faridi  |  

Featurespace, which claims to be the leader in machine learning fraud and financial crime prevention technology, has secured funding from UK and US governments “to build a new type of artificial intelligence (AI) system to help banks and payments service providers (PSPs) detect financial crime… Read More

October 23, 2022 @ 12:30 pm By Omar Faridi  |  

Diebold Nixdorf (NYSE: DBD), a key player in automating, digitizing and transforming the way people bank and shop, and Featurespace, a firm focused on enterprise financial crime prevention, announced that the companies are partnering “to integrate its highly specialized, fraud prevention technology into Diebold Nixdorf’s… Read More

October 12, 2022 @ 9:01 pm By Omar Faridi  |  

Resistant AI, the AI and machine learning financial crime prevention specialists, and ComplyAdvantage, which claims to be one of the financial industry’s leading sources of AI-driven financial crime risk data and detection technology, announced “the general availability of their solution for fighting financial crime across… Read More

July 6, 2020 @ 7:47 am By Omar Faridi  |  

The use of stolen and synthetic identities to carry out fraudulent activities increased significantly in 2019, and the COVID-19 crisis might be making the problem even worse, according to a recently published  Identity Fraud Report from Javelin Strategy & Research. Financial losses due to identity… Read More

June 10, 2020 @ 11:46 pm By Omar Faridi  |  

Featurespace, an established provider of Enterprise Financial Crime prevention software, confirmed that Australia’s Fintech Hay has chosen its ARIC Risk Hub to help identify and prevent potentially fraudulent financial activities and money laundering on its mobile-first solution. Hay builds digital infrastructure from the ground up… Read More