LUXHUB’s Post

A bit late to post, but still buzzing with insights from the Global Fintech Fest 2024! Had the privilege of attending, where our key discussions focused on AI in fraud prevention, banking's digital transformation, and financial inclusion. Looking forward to applying these ideas and being part of the fintech evolution! #globalfintechfest2024 #waytoinnovation #aiforfraudrisk #financialfraudrisk

[#Keynote 🔍 : « Payment fraud: a threat in motion » ] 🔗 https://lnkd.in/eG84-H3f In an era where payment fraud is becoming increasingly creative and sophisticated, Brice Perdrix, CEO of AdvanThink (ISoft), shares his exclusive analysis in Club Patrimoine ▲, a leading platform for banking and wealth management professionals. 📊 The 2023 #OSMP (by Banque de France) report highlights the apparent stability of fraud cases, but beneath this surface, the threat is constantly evolving, becoming more insidious through the use of technologies like #AI and #deepfakes. Our teams explore how banks and financial institutions can anticipate these emerging risks by securing every step of the customer journey – from onboarding to payment execution. 🌐 Club Patrimoine ▲ is a trusted media source for banking and wealth management experts, known for its in-depth analysis of economic, financial, and regulatory trends. This editorial is aimed at professionals seeking to understand the current and future challenges of #payment #security in a world where #cybercriminals are becoming more inventive by the day. 📅 Published on October 17, 2024 | ⏳ Reading time: 2 minutes #Fraud #Payments #AI #Banking #Security #AdvanThink #Innovation #WealthManagement Thanks to : Guillaume Bernier-Turpin, Emmanuelle PIONNIER, OXYGEN.

Congratulations to AuthenticID - a #Luminary on the #IDV Beam in The #Biometric #Digital #Identity Financial Services Prism #Report!  From the report .... "When one of the 10 largest #banks and credit card issuers in North America was experiencing a high rate of app-based #fraud and account takeover losses, it turned to AuthenticID. Implementing AuthenticID’s #biometric #authentication and #liveness detection allowed the #bank to achieve an incredible reduction in fraud. It has recorded zero successful fraud attempts since June 2023." For the full profile, download the report - https://lnkd.in/g_KMhqB8 #biometrics #digitalidentity #financialservices #fintech #marketanalysis #marketforcast #accounttakeover #identityverification #banks #creditcards #liveness

I’m kind of a big deal 😎 ..JK! But #fintech compliance is! Come share a Mai Tai 🍹and learn all about what we’re seeing in the industry during Fintech Sandbox’s Boston Fintech Week! #bostonfintechweek #wearewolf #themoreyouknow #regulatorycompliance

Thanks to Future Identity for producing another stellar event with the top minds in the industry. 🚨Digital identity touches every access journey, customer interaction, and threat prevention effort in the industry. For that reason, the concept of “identity convergence” is real and here to stay. 📕Provoked into thought by the below video? Want to find out more how “identity convergence” can help you achieve some of these goals? ✅ Fraud detection and prevention ✅ Account takeover mitigation ✅ Hyper-personalisation ✅ Seamless omnichannel experiences ✅ Digital ROI acceleration ✅ Performance at hyperscale Look no further and check out my latest whitepaper to learn more: https://lnkd.in/gdNf3pqc

Join our research-based webinar to better understand trends, including how Fls plan to use Al to fight fraud. Our experts will discuss: ⭐️ Top tech spending priorities for banks in 2024 ⭐️ Strategies for proactively addressing emerging and hard-to-solve fraud ⭐️ What barriers banks face in the adoption and implementation of Al to address transaction fraud ⭐️ How banks can get faster, more accurate results from market-ready Al trained on global network data Register to stay on the cutting edge of fraud detection: https://bit.ly/3IJLJ6y #Fintech #BankTech #FraudDetection Amyn Dhala Janet King American Banker

Future Identity Finance, brings together innovation leaders from across the financial services services industry to discuss the future of digital identity, fraud and risk. At the most recent edition, co-located with FTT Lending 3.0, we chatted to Adam Preis, MCIM, Director, Product Solution Marketing at Ping Identity, a global leader in Identity and Access Management. We delved into some of the significant shifts in recent years that are shaping how financial institutions manage identity. 📽 Watch the full interview to hear more on decentralised credentials, digital wallets and how the future of the identity is evolving and read the full blog HERE: https://bit.ly/3JFNXV3 #FID #FutureIdentity

The “Reusable identity and money movement” summit on Day 1 at #Money20/20 made me even more excited about the immense value #ManisCloud brings to the table by enabling real-time sharing of user identity and fraud data across money transfer operators (MTOs). Very interesting panel discussion by Nium and TransferMate Global Payments. Sinead Fitzmaurice Alexandra Johnson By seamlessly connecting operators through our platform, we’re setting the stage for a new era of collaborative risk management. This not only enhances fraud detection capabilities but also reduces operational friction between MTOs, making partnerships smoother and more efficient. 🌐 Manis Cloud’s innovative approach empowers MTOs to align their compliance efforts, boost trust, and expand safely without the usual bottlenecks. With regulatory hurdles increasing, a unified network for identity verification and fraud prevention is more critical than ever. I can’t wait to see how this platform transforms the remittance landscape and enables greater financial inclusion worldwide. Stay tuned for more insights from #Money2020!

Managing payments and the merchant ecosystem is always a challenge and Raymond is taking our message to Munich to share our thoughts. Keep your eye's peeled for an upcoming Webinar in October by INFORM Australia "Navigating Merchant Management and Risk Monitoring " The registration announcement is forthcoming. #riskmonitoring #merchants #webinar #worldofINFORM #merchantmanagement #fraudulenttransactions

Insights on Security Standard with Nitin Bhatnagar, Regional Director of PCI, His Views on GFF 2024" It’s always a great platform for fintech companies to explore growth and discuss critical issues like data security and the adoption of standards. For more information : https://lnkd.in/dyqBKcpi #bankingnews #TheGlobalFintechFest  #fintech  #fintech2024  #GFF