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Lynx rolls out new fraud prevention models

Lynx Financial Crime Tech, S.A. (“Lynx” or the “Company”), a leading provider of Artificial Intelligence (AI) software that detects and prevents fraud and financial crimes, today announces the launch of its next generation of its Daily Adaptive Models (DAMs), a fraud detection solution.

/security

Mitek hires Garrett Gafke as COO

Mitek Systems, Inc. (NASDAQ: MITK), a global leader in digital identity verification, fraud prevention, and biometrics, today announced the appointment of Garrett Gafke as Chief Operating Officer.

/security

Metro Bank partners with Victim Support

Metro Bank is partnering with the charity Victim Support to provide an independent support service for its customers who have been a victim of fraud.

/security

Oasis ticket scams cost UK fans more than £2 million says Lloyds

Fans of Oasis are being targeted by a surge of ticket scams on social media, as the Mancunian rock icons prepare to tour the UK this summer for the first time since 2009, according to new research by Lloyds.

/security

Scam detection startup Acoru emerges from stealth mode

Acoru, a pioneering cybersecurity firm in the fraud and scam detection space, has officially launched its operations following a successful period in stealth mode.

/security

Finance Denmark selects SurePay for Verification of Payee

Finance Denmark, the association representing banks, mortgage institutions and financial firms in Denmark, has selected SurePay to provide a national Verification Of Payee (VOP) service.

/security

Feedzai acquires Demyst

Feedzai, the global leader in fraud and financial crime prevention, today announced that it has acquired Demyst, including its Zonic data workflow orchestration platform, intellectual property, and sophisticated data-integration capabilities.

/security

Terra Security raises $8 million for AI-based white hacker

Terra Security, an Agentic AI-native penetration testing service-as-a-software platform, raises $8M in a seed round led by SYN Ventures and FXP Ventures with participation from Underscore VC and notable angel investors including former Google CISO Gerhard Eschelback, Ofer Ben-Noon and Ohad Bobrov, founders of Talon Security, Travis McPeak and Itamar Friedman.

/security

CSI releases AI-powered AML compliance and fraud detection platform

CSI, a leading provider of end-to-end financial software and technology, announced the launch of its AI-powered AML compliance and fraud detection solutions: TruDetect and TruProtect.

/security

Burbank expands access to Card Present Over Internet tech with jPOS

Burbank has today announced a major strategic partnership with global payments technology provider Transactility (creators of jPOS) to accelerate the adoption of Card Present over Internet (CPoI) across the banking sector.

/security

Cyberthreats, fraud, regulatory complexities and financial inefficiencies cost firms £70m annually

Businesses and technology firms in the UK are losing on average £70 million a year due to the cost of disharmony throughout the money lifecycle, according to landmark research by global financial technology leader FIS (NYSE: FIS), in collaboration with Oxford Economics.

/security

Bitget Wallet launches contract risk detection tool

Bitget Wallet, a leading Web3 non-custodial wallet, has introduced the token contract risk detection feature to strengthen transaction security across its platform.

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