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Citi Treasury Teams With Feedzai To Offer Real-Time Risk Management

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19) that it has inked a partnership deal with Feedzai, an artificial intelligence (AI) developer for real-time risk management across banking and commerce. Citi Ventures made a strategic investment in Feedzai in 2016, and this partnership is the next phase in their relationship. “Our

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Holiday eCommerce Fraud Attempts Jumped In 2017

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“Over the 2017 holiday shopping season, merchants experienced significant growth in their digital channels, coupled with a substantial increase in fraud,” said Erika Dietrich, director of risk management for ACI Worldwide in a press release. According to ACI, the number of fraud attempts was the highest on Thanksgiving Day at 1.94

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TSYS Brings Real-Time Alerts To Europe

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TSYS will bring its risk management solutions that enable cardholders to monitor their accounts and prevent fraudulent activity with real-time access to communication options, including push notifications, SMS text messaging, voice messages and email. According to TSYS’ 2016 U.K.

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LendingClub: Loan Applications Grow Double Digits Amid Rising Rates  

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Management also stated that the CLUB Certificate Program — defined as whole loan transactions structured as tradable pass-through securities — is nearing the $1 billion mark, after having been launched less than a year ago, in December of 2017. CEO Sanborn stated that that engagement with the Federal Trade Commission remains ongoing.

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New World Payments Report Released By Capgemini, BNP Paribas

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That’s according to Capgemini and BNP Paribas, which recently released new research through the 2016 World Payments Report (WPR). This all is also a product of increased demand for seamless and secure digital products and services in an efficient time frame. Global digital payment volume is slated to hit a new high this year of 426.3

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Turning To AI To Reduce Digital Banking Risks

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According to a survey conducted last year by the Global Association of Risk Professionals (GARP), 88 percent of bank executives believe AI and ML adoption could provide “a foundational change” for risk management. Reducing Risk By Fighting Fraud. billion to it during the same year. billion, respectively.

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AscendantFX Makes The Case For Wire Transfer

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But just as it was a disruptive force when it emerged in the mid-19th century, today the wire has secured a bit of attention as players like SWIFT move to promote faster, more efficient cross-border transfers. billion via business wire fraud between October 2013 and December 2016, the FBI calculated. Thieves attempted to steal $5.3

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