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Kount Offers Anti-Fraud Product Aimed At Insurance Industry

PYMNTS

Idaho-based Kount has released a new product aimed at preventing insurance fraud as the industry increasingly turns to digital, and even mobile, setups. Along with the security benefits, Kount’s product will also ensure “marketing campaign efficiency and conversion,” the company added. In a Tuesday (Aug.

Fraud 234
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The Pandemic’s Push For The FI/FinTech ‘Win-Win’

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Necessity being the mother of invention, consumers rapidly reset their lives around digital across the board — from working to shopping to learning to managing their financial lives online. Is a given FinTech looking ahead to technology shifts to things like real-time transaction cards? That’s where FinTechs can come in.

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SaaS Platform Kount Partners With Verifi To Help Firms Minimize Disputes, Fraud

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Kount , the Boise, Idaho-based Software as a Service (SaaS) platform designed to simplify fraud detection and improve profitability, announced it has partnered with Verifi , the payment protection and management company. In June, Visa signed an acquisition agreement with Verifi.

Fraud 183
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BEC Run Out Of Detention Center Nets Millions

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As for the locale: Search warrants, noted by ZDNet , were served on those individuals in an immigration detention center, yielding 16 mobile phones, various SIM cards and a number of electronic storage devices. The scam, which used those devices and deployed email methods, netted more than $3 million in Australian currency.

Idaho 153
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Deep Dive: Digital ID Developments From Around The World

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Even though biometrics offer notable security advantages, they do come with risks. The following Deep Dive examines the potential use cases for biometrics in national identification systems and the security pitfalls they could encounter. . Colorado, Idaho, Maryland, Wyoming and Washington, D.C., A reported 3.6

Security 159
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Kicking The Paper Check From Its Public Payment Perch

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While paper checks are increasingly passing into the realm of consumers’ memory, there are certain niches where they have managed to hold on, even as the rest of the world tries rather adamantly to move on. In addition to that, we’re working on a biometric card, which could have an interesting application and government disbursements.

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Digital Driver’s Licenses Are Put To The (Pilot) Test

PYMNTS

The plastic cards have become a fixture in American wallets from Maine to Hawaii, required not just when behind the wheel, but also at cigar shops, liquor stores, bars and nightclubs. We’ve always made sure to let people know that a digital driver’s license is not a replacement for your physical card, [but] a supplement,” Werner explained. “We

Wyoming 124