Darwinium Fights Cyber Fraud from Generative AI
Based on knowledge gained from the 250 million transactions it reviews monthly, Darwinium knows that malicious AI agents act differently than AI agents deployed by valid buyers.
Area of Interest: Fraud Fighting and Security
Card Fraud Losses Worldwide — 2024
US cards were tied to 41.87% of fraud losses worldwide. Overwhelmingly, fraud losses in the US are a card-not-present (CNP) problem. Among all world regions, the US ranks first in dollars lost to CNP fraud.
Fime Testing, Certification and Strategy Consulting
Fime’s fully automated testing platform and its testing services businesses generate 80% of the company’s revenues. Those revenues come from three markets—payments, digital identity and smart mobility (ticketing).
Spinwheel Credit Data
After receiving only two data fields—date of birth and phone number—Spinwheel returns a full consumer credit profile.
Nokia’s Network as Code
Network as Code’s silent number verification API confirms whether a phone number belongs to the person claiming it during user login or in a credit application by matching it with data from the telecom operator.
Justt Fights First-Party Misuse Fraud
As Justt’s models steadily improve, the company’s enterprise clients, which include Best Buy, Affirm, Melio and DoorDash, benefit.
Plaid Uses Open Banking Data to Fight Fraud
Plaid uses up to 10,000 consumer data attributes to inform its Trust Index score generated from device interactions with more than 7,000 different apps as well as data from network partners, which can include that company’s own indicators of potential fraud behavior.
Dynamic CVV on Mobile App
Safecypher’s dynamic CVV can be used with Apple and Android smartphones and tablets that incorporate biometric authentication.
Forter Payment Optimization
The most successful ecommerce merchants calibrate fraud management, which is a risk analysis, with payment optimization, which is a growth analysis. Forter offers ecommerce merchants support in both areas. The Forter Trust Platform has been used to fight ecommerce fraud since 2014. It delivers identity intelligence, isolating suspected criminal activity by analyzing legitimate transactions from […]
Account Validation, Fraud Fighting and Risk Analysis
Credit scores provide only a point-in-time view of a consumer, and often are a lagging indicator of their current financial stability. Regular reviews of the transactions initiated from a consumer’s deposit account help provide a better prediction of future behavior as well as identify the best performing accounts in a portfolio. That is one of […]