US storms ahead of UK in 3DS2 use for payment authentication, data shows

2 June 2021, London UK — The US is beating the UK in the rollout of the 3D Secure 2 (3DS2) multi-factor authentication protocol, new data from fraud detection and payment acceptance specialist Ravelin shows today. 68% of transactions in the US now use 3DS2, with a significant 99% authentication success rate. By comparison, just 7% of UK […]

NEC Payments finds a new path to payment security with Netcetera

Bahrain-based NEC Payments needed an ACS offering 3DS 2.0, the latest in payment security protocols. Netcetera rose to the challenge, building them a solution from the ground up. NEC Payments is a rapidly growing digital banking and payment technology company with big plans. Already offering innovative cloud-native banking-as-a-service to Middle East Fintech and technology distribution […]

E-commerce fraud prevention firm Forter scores $300m

E-commerce fraud prevention company Forter has hit a $3 billion valuation after raising $300 million in a Series F funding round led by Tiger Global Management. Third Point Ventures, Adage Capital Management, Bessemer Venture Partners, Sequoia Capital, March Capital, NewView Capital, Salesforce Ventures and Scale Venture Partners joined the round, which sees Forter’s valuation triple […]

Solidus Labs raises $20 million as demand spikes from traditional financial institutions

Solidus Labs, a digital asset risk surveillance firm founded by ex-Goldman Sachs engineers, has raised $20 million in a Series A round led by the VC Firm Evolution Partners, with additional participants including 645 Ventures, FTX, Avon Ventures, Naval Ravikant, and multiple former regulators including CFTC Chair Chris Giancarlo. The New York-based firm seeks to […]

IDnow introduces NFC based verification for digital IDs

Munich, May 20th, 2021 – IDnow a German based leader in platform-as-a-service identity verification, today announced the implementation of NFC reading capability into IDnow AutoIdent. This will offer users an even smoother and quicker verification process. The new solution will support all identification documents globally that follow the ICAO 9303 standard like ePassports and NFC supported ID […]

Forter Partners with Flutterwave to Drive eCommerce Growth Across Africa and Beyond

This new partnership connects more than 290,000 businesses with Forter’s global network to approve  more legitimate online transactions and block fraud instantaneously  New York, NY – April 15th, 2021 – Forter, the leader in e-commerce fraud prevention, has announced a  partnership with Flutterwave, Africa’s leading payments technology company. The partnership, the first  of its kind […]

IXOPAY Partners with Vyne

Vienna/London, March 30, 2021: The industry leading payment orchestration platform, IXOPAY has partnered with Vyne, the go-to payment provider for Open Banking.  The strategic partnership will see IXOPAY and Vyne provide clients with a payment solution that enables them to connect to the most relevant payment methods for the markets they sell in. Clients will […]

Finnosec Live: Speaker Interview- Venkatesh Kallur.

Mr Venkatesh is an international banker and Senior Risk Management executive spanning over three decades of astute business accumen. Seasoned enterprise risk management executive with strong foothold in Strategy, Credit, Market and Operational Risk along with Enterprise Risk Management. He brings to the table a high degree of emotional maturity and business intelligence. Keynote Speaker […]

Nissho has partnered up with Nethone’s online fraud protection expertise, to help e-commerce businesses in Japan eliminate fraud

Nethone, a Machine Learning-based fraud prevention company, and Nissho Electronics Corporation, announced a business collaboration on delivering cutting-edge online fraud and account takeover detection and prevention solutions in Japan. Nethone will be part of the already existing Tranfis brand offered by Nissho and will be distributed under the name “Tranfis powered by Nethone”. Nissho is […]