Fraud in loyalty programs is a significant concern, with a recent Ernst & Young study estimating annual losses to exceed $1 billion (‘Unmasking Loyalty Scheme Fraud,’ June 2024). “This new patent exemplifies our commitment to …
Article News Category: Security & Fraud
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Alkami’s comprehensive Digital Banking Platform provides Gate City Bank’s account holders with intuitive, self-service tools within a personalized user experience, powered by a dataset that rivals the largest megabanks. Gate …
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Mastercard and Emirates NBD partner to empower a virtual future for B2B travel payments
by GLOby GLOThis new collaboration marks the continuation of a long-standing strategic partnership between the two companies and aims to digitize and optimize payment flows between travel agencies and the various suppliers …
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Casap Secures $8.5 Million in Funding to Revolutionize the Multi-Billion Dollar Payment Disputes Process and Fight First-Party Fraud
by GLOby GLOCasap, a disputes automation and fraud prevention platform, has raised $8.5 million to scale the first AI-powered solution for banks, credit unions and fintechs to intelligently tackle first-party fraud and …
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Riyadh Air partners with noon Payments for innovative and secure digital payment solutions
by GLOby GLORiyadh Air, the Kingdom’s digitally native airline, has partnered with noon Payments, a fellow Public Investment Fund (PIF) company and part of the noon Group, to offer seamless digital payment …
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Etraveli Group and Outpayce from Amadeus have partnered to integrate the Precision fraud detection tool into Outpayce’s Xchange Payment Platform, enhancing fraud management for the travel industry.
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Entersekt on Browser ID and ‘Silent Authentication’ – readthrough for travel and personalisation
by GLOby GLOEntersekt’s patented approach to multifactor authentication (MFA) enhances both security and user experience. Their Browser ID technology acts as a digital fingerprint for browsers, providing a privacy-friendly alternative to cookies …