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Tag: Risk & Security

The Truth about RPA Citizen Development within Banking

With access to low code applications, anyone can build automations within a bank, but that doesn’t necessarily mean everyone should. Citizen development has been...

A Guide to Recognizing the Warning Signs of Fraud

Driving a new model, Informed.IQ is committed to working with lenders to raise awareness of fraud risks in the retail auto space. Watching for...

Fed payment guidelines could stifle fintech innovation

Federal Reserve Board guidelines on granting financial institutions access to its new payment system provide some clarity — but could discourage innovative fintechs from...

Bank-owned fintech automates verification with help from Amazon

Fintech Pike Street Labs (PSL), a wholly-owned subsidiary of WaFd Bank, has launched an automated voice authentication feature for the bank in collaboration with...

Equifax to acquire post-transaction fraud solution Midigator

Equifax announced today its plans to acquire fraud solution Midigator to enhance its digital identity and fraud prevention capabilities as chargebacks and transaction disputes...

Fintech execs convicted in US after $160 million sent to Nigeria

The operators of a Texan payments firm with ties to the UK pleaded guilty in the US to money laundering failures after their business...

SymphonyAI acquires fraud detection platform from BAE Systems

SymphonyAI, an artificial intelligence (AI) software-as-a-service company, this week announced it is acquiring financial crime detection platform NetReveal from BAE Systems. Terms of the...

Billionaire’s tech firm to buy BAE fraud-detection arm NetReveal

Technology billionaire Romesh Wadhwani’s artificial intelligence software company agreed to buy BAE Systems Plc’s financial crime detection business, NetReveal. Terms of the deal weren’t disclosed,...

Transactions: SAS acquires risk management company Kamakura Corporation

Analytics software company SAS has completed its acquisition of risk management company Kamakura Corporation, the companies announced Monday. Terms of the deal were not...

Listen: RBC’s cybersecurity takes a full-court press approach

Cybersecurity measures are a priority at Royal Bank of Canada (RBC), from monitoring and mitigation to solution investment. Banks rarely consider cybersecurity a finished...

FDITECH Sprint addresses bank identity fraud

Banks are being challenged by deciphering between their customers and cybercriminals amid a push to provide robust digital experiences. A collaborative effort is required...

BMO Financial Group taps UiPath for unattended bot implementations

Robotic process automation (RPA) initiatives have created “millions of dollars” in value for BMO Financial Group, but the bank’s efforts are now shifting to...

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