Source: Trustev & ITLG, 15th May 2013 (The following press release can also be downloaded as a PDF.) Trustev Takes Top Prize Cork Technology Startup Trustev wins first place prize at prestigious technology awards in San Francisco. Trustev, the Irish startup on a mission to end online fraud, was today announced as overall winner at…
Source: Matthew Parsons @ TTG Digital, 17th April 2013 (Note: The following item has been re-produced with kind permission of TTG, the original article can be found on their website here) Online facial recognition tools such as Facebanx are the latest weapon in the fight against fraud. By Matthew Parsons Card fraud is big business.…
Source: #TheFraudTube & Facebanx, 23rd April 2013 A new cloud based facial recognition technology, Facebanx, has been developed that will enable insurance companies to dramatically reduce both policy & claims fraud, and provide a key weapon in their battle to regain market share from insurance aggregators. FaceBanx, a division of OhHi, a successful video chat…
Source: #TheFraudTube, 14th February 2013 With a revolutionary approach to combating online fraud Trustev, an Irish tech start-up, have concluded a $300K USD funding round allowing the business to more than double the size of their team. Their new solution makes cleaver use of social data from the major social media platforms (such as LinkedIn,…
Source: FICO and Adeptra, 16th August 2012 FICO will acquire Adeptra for an all-cash purchase price of $115 million, subject to typical post-closing adjustments. The acquisition is expected to be accretive on both a pro-forma and GAAP basis in FY13. The deal is anticipated to be completed in September 2012, upon satisfaction of customary closing…
Source: Mortgage Finance Gazette, 7th August 2012 Nick Mothershaw, report author and director of identity and fraud at Experian, shares some of the insights, analysis and findings with Mortgage Finance Gazette. This year’s rise in mortgage fraud marked its fifth consecutive annual uptick. It was an increase that saw the headline figure record an 8…
Source: Experian, 17th July 2012 More than 12 million pieces of personal information were illegally traded online by identity fraudsters in the first four months of 2012, new figures from Experian CreditExpert reveal. Additional consumer research commissioned by Experian CreditExpert reveals that the average Briton now has 26 different online accounts… Despite this, Britons use an…
Source: Arab News, 4th July 2012 The Saudi Credit Bureau (Simah) will launch new system to put a stop to the non-payment of rent by the end of 2014. “A number of stages have to be completed gradually before the system is operational,” said Simah’s General Manager Nabil Al-Mubarak. The work includes devising new regulations on…
