On Finovate.com
- Cracking the Fintech Code: Secrets to Success for Fintech Start-ups.
- Salt Edge Serves Up Open Banking Payment Infrastructure for Testing.
Around the web
- Earnix forges strategic alliance with automated machine learning innovator, DataRobot.
- IdentityMind Global partners with digital currency risk assessment specialist, CipherTrace.
- HackerOne now accepts Bitcoin and Bitcoin Cash payments for bug bounties courtesy of new partnership with BitPay.
- Fiserv taps Lee Cameron as new managing director for EMEA.
- Siam Commercial Bank is the first bank on Ripple’s RippleNet to pioneer multi-hop, a feature that allows payment settlement on behalf of other financial institutions on the network.
- Danske Bank leverages Featurespace’s ARIC fraud hub to reduce fraud.
- Risk Ident wins Best eCommerce Technology Innovation at the London eCommerce Awards.
- Banco Fassil is the first Bolivian company to migrate its ATM network to TranzAxis from Compass Plus.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
As part of the agreement Universum will leverage Risk Ident’s FRIDA, a self-learning anti-fraud technology. FRIDA automatically analyzes individual transactions to establish relationships between transactions and quickly identify fraudulent connections. Retailers’ fraud managers receive an overview of flagged transactions, marking potential fraudulent activities, within seconds.
Universum will also deploy Risk Ident’s DEVICE IDENT, device fingerprinting technology that analyzes consumers’ devices and identifies fraudulent correlations with their use in real time. Retailers integrate DEVICE IDENT into the checkout page on their website and can quickly take action when the system notifies them of potential fraudulent activity.
