Sardine的动态

One thing we keep seeing? When a new threat emerges, user device and behavior signals are the "tell" that something fishy is happening. Here's two examples. ?? KYC Onboarding with deep-fakes (masking attacks with AI) ?1. Our clients report a spike in these attacks, especially in markets like Brazil. ? 2. Many good companies now check video backgrounds during digital KYC, but might miss that the device is upside down, is running a proxy, and has software interfering with the camera output. ?? Authorized Push Payment fraud (APP fraud) 1. Scams and APP fraud are becoming the biggest issue in payments 2. Clues like screenshots, use of screen sharing or calls in session can be giant give aways to scams about to happen Matt V. 3CI, SIP, ECFE, CPFPP from Novo put it perfectly below ??

Great Article from our SVP of Sales EMEA - Adam Desmond Within our globally interconnected landscape, the need for robust identity verification (IDV) solutions has never been more critical. From financial institutions to telecoms to online gambling, verifying the identities of users is not only a regulatory requirement, but paramount for both safeguarding against fraud and ensuring trust in online interactions. #fintech #regtech #innovation #technology #ocrlabs #idverification #IDV #biometrics #ekyc #kyc #fraud #banking #IDVerse #FraudPrevention #AI #generativeai

The KYC Identity Verification Paradigm Shift ?? For years, KYC verification has been treated as a commodity—costly and often restrictive for businesses. The truth is, verifying who you are online shouldn’t come with a price tag. With the rise of AI and fraud, the identity verification industry has grown into a $16 billion market, yet many companies still pay per user verified. At Didit, we’re flipping the script. Our platform offers free, unlimited KYC verifications, making identity verification accessible to everyone, forever. We believe proving who you are on the internet is a fundamental right, not a business transaction. ??? It's time to say goodbye to unnecessary fees and embrace a new standard where security is free and unlimited. Ready to learn more? Let’s talk.

Digital and instant payments are revolutionizing the financial scene in the UK and Europe, boosting transaction speed and customer satisfaction. Yet, this advancement has led to a rise in financial crime, particularly synthetic identity fraud. Check out Richard Albery insights on ACI's strategies involving Network Intelligence and cloud technology. #digital #instantpayments #financial #UK #Europe #syntheticidentity #fraudsters #AI #NetworkIntelligence #cloud

While many Web3 payment processors enforce the blanket use of KYC verification, thinking it will offer protection against payment fraud, “know your customer” regulations exist primarily for use as an anti-money laundering tool and are often completely ineffective in the fight against scalable payment fraud. In fact, over 76% of the payment fraud our AI detects comes from KYC-verified accounts. It’s time to make the change that claws back those customers and improving payment fraud prevention on your site. Click the link below to book time with the team. https://lnkd.in/e4nKfxCn

Leading European neobank Revolut launches an advanced AI scam detection feature to protect consumers from the rising tide of card scams Revolut, one of Europe’s leading neobanks has announced the launch of an AI-based, advanced scam-detection feature to help protect its customers from malicious card scams. Its new feature can detect when a customer is being scammed, breaking the ‘spell’ of the scammer before money can be sent to the criminal. This solution works as an added security layer on top of its existing security features, to specifically detect authorised push payment (APP) scams – where a user is coaxed into transferring money into a criminal’s account. Revolut in the fight against financial crime Revolut’s new feature comes after NASDAQ suggested new technologies, such as AI and Large Language Models (LLMs), be implemented by banks and financial institutions after 2023 saw US$3tn of illegal funds transferred through the global financial system. It also comes after Experian’s Future of Fraud Forecast noted a 70% rise in losses from fraud over recent years. Only 26% of banks and financial institutions are leveraging AI and LLMs to combat illicit money movement today. Revolut, therefore, is at the forefront of customer protection with the launch of its latest …

Technology can be both helpful and harmful. It is important to stay true to ourselves and maintain face-to-face interactions because digital communication may be compromised. Our move towards a cashless society, with more people using digital wallets, QR code payments, and contactless transactions, has created new opportunities for fraud. This shows that we still need to use cash and physical money, especially for older adults and young people. The increasing prevalence of deepfakes, which are becoming increasingly difficult to distinguish from authentic content, has prompted the need to enhance defences against digital scams. This situation parallels ongoing efforts to combat fraudulent activities. https://lnkd.in/ga_v4QTk

Mastercard’s latest advancement in AI-powered fraud detection is a significant step forward for the industry. By analyzing complex data points in real-time, this tool allows banks to detect and prevent scams before they impact customers. The ability to flag high-risk transactions and suspicious accounts will not only protect consumers but also help businesses reduce the costly effects of fraud. This type of innovation is essential in maintaining trust within the digital payments ecosystem. #AI #FraudPrevention #DigitalPayments #Innovation Read more here:

The emergence of digital and instant payments is transforming the financial landscape in the UK and Europe by enhancing transaction speed and customer satisfaction. However, this progress has also resulted in a surge of financial crime, notably synthetic identity fraud. In his LinkedIn article, ACI’s Richard Albery discusses our strategies to Network Intelligence, and cloud technology. #digital #instantpayments #financial #UK #Europe #syntheticidentity #fraudsters #AI #NetworkIntelligence #cloud

The emergence of digital and instant payments is transforming the financial landscape in the UK and Europe by enhancing transaction speed and customer satisfaction. However, this progress has also resulted in a surge of financial crime, notably synthetic identity fraud. In his LinkedIn article, ACI’s Richard Albery discusses our strategies to Network Intelligence, and cloud technology. #digital #instantpayments #financial #UK #Europe #syntheticidentity #fraudsters #AI #NetworkIntelligence #cloud