Fraud Minneapolis Security Technology 
PYMNTS
OCTOBER 19, 2020
Entrust , an identities, payments and data protection firm based in Minneapolis, on Monday (Oct. 19) announced that its Sigma Instant Desktop Issuance product will set “the standard for simple, secure and smart instant-ID solutions across enterprise, healthcare, government, higher education and financial institutions (FIs)."
NCR
FEBRUARY 8, 2018
Financial institutions (FIs) in the US continue to rate payment fraud losses as one of their most pressing issues, with a new study finding that the majority of banks are experiencing such problems. A report by the Federal Reserve Bank of Minneapolis revealed that three-quarters of FIs (75 percent) describe payments fraud as a problem.
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PYMNTS
MAY 23, 2018
A February 2018 study from the Federal Reserve Bank of Minneapolis found that 75 percent of American financial institutions incurred losses due to fraud last year. And with that, governments and security solution providers are stepping into the fray with the aim of combatting fraudsters. Notable Digital ID News.
NCR
NOVEMBER 28, 2016
Improving fraud detection and prevention is a top priority for any financial institution (FI), but banks face a delicate balance to get this right. Therefore, reducing false positives without impacting the overall effectiveness of fraud prevention strategies needs to be a focus for any bank. Knowing your customers’ location.
PYMNTS
AUGUST 7, 2018
Formerly known as the Remittance Coalition, the Federal Reserve Bank of Minneapolis’ Business Payments Coalition is relying on corporate collaboration to promote the adoption of electronic B2B payments. The corporate and financial services communities in the U.S. understand that paper checks are slow, expensive and risky, and yet they endure.
Fintech Labs Insights
MARCH 22, 2016
Emailage raised an undisclosed sum for its fraud prevention technology keyed off email address. HQ: Minneapolis, Minnesota. Fraud solutions based on email addresses. Tax preparation technology. Cachet Financial Solutions raised $500,000 for its remote deposit platform. Alt-lender to students. Total raised: $31.85
Fintech Labs Insights
JULY 23, 2015
Payment acceptance technology. HQ: Minneapolis, Minnesota. Tags: Security, enterprise, business intelligence, compliance, ERM, fraud protection. Latest round: $17.5 million Series A. Total raised: $22 million. Source: Crunchbase. HQ: Bangalore, India. Latest round: $5 million. Total raised: $6.6 Source: Crunchbase.
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