Riskified’s Post

🍺Munich may be famous for Oktoberfest, but we’re here to talk serious business about talking payments and anti-crime strategies!" 🕵🏻 As the premier event uniting leaders in payments, banking, and e-commerce, Seamless Europe provides the perfect platform to explore the latest trends in payments and financial technology. Meet up with our colleague and payments expert, Raymond Deeder, who will be glad to share with you how our technology adapts to the evolving landscape of financial crime, ensuring our clients stay ahead of potential threats. Don't miss the opportunity to connect, share insights, and explore innovative strategies to stay ahead in the race against fraudsters and other no-gooders. Let's drive innovation together Munich. #worldofriskshield #FraudPrevention #RiskManagement #HybridAI #FinancialCrime 

Unlock the Secrets to Data Security and Compliance with Rohit Garg, Head of Digital & Product SCF, Hero FinCorp! Embark on a journey into the world of data security and compliance in the financial sector as Rohit Garg shares his expert insights from the 𝐄𝐥𝐞𝐭𝐬 𝟏𝟔𝐭𝐡 𝐍𝐁𝐅𝐂𝟏𝟎𝟎 𝐓𝐞𝐜𝐡 𝐒𝐮𝐦𝐦𝐢𝐭. Rohit delves into the intricate maze of regulations and best practices, offering invaluable guidance to financial institutions striving for excellence in the digital age. Did you miss Rohit's live session? Fear not! Catch up on all the enlightening discussions, including a comprehensive exploration of data security strategies for financial institutions. Stay at the forefront of innovation with #eletsNBFC #DataSecurity #Compliance Fintech. Don't let this opportunity slip by – revolutionize your approach to data security and compliance today! Explore Upcoming Initiatives: https://bit.ly/3TCsMZE

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

Fintech under the cosh. Hot on the heels following the collapse of Synapse, some big-name fintechs are having to deal with a cybersecurity incident at fintech bank Evolve Bank & Trust. Notably, Dave, Branch and Affirm were among those who moved quickly to communicate to customers letting them know about the incident, enhancing their security (Dave) or promising to investigate (Branch, Affirm). 👇 💡Feeling the pressure. Data breaches happen but US consumers generally trust legacy financial institutions more than fintechs and this incident doesn't help to overcome one of the biggest barriers to fintech adoption. It also comes following the recent collapse of Synapse following which consumers found out that they had been misled to believe that their accounts (many held at Yotta) were FDIC-insured when they weren't. Fintechs that became banks like LendingClub and Varo Bank had to jump through additional hoops but that extra work is being validated as the hits keep coming. Startups will have to work even harder to establish consumer trust if they want to break through. 💡💡Not hanging around. Evolve didn't even start notifying customers until July even though the breach was found in late May (the company posted details on its website on July 9 - see comments) BUT Dave, Branch and Affirm decided to waste no time by communicating early even though they didn't have all of the information. Affirm even posted its communication on X. Transparency and communication are critical during times of uncertainty. #evolvecybersecurityincident #emailmarketing #communication #trust Mintel Comperemedia #comperemediaemployee #transparency

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

As RTP momentum grows globally, we’re seeing a leveled playing field for FIs looking to join the cross-border money movement game. What does this mean for fraud teams? A LOT OF HEADACHES. You’re probably already seeing an influx of consumers looking to take advantage of more cost-efficient cross-border transactions. But with payments traveling between multinational transaction systems, discrepancies in fraud tools and security levels between sending and receiving systems can create challenges, to say the least. Navigating the evolving payment ecosystem is tricky enough without adding whole new countries to the mix. Nash Ali, Head of Operational Strategy at NeuroID, and Curt Haid, 20-year fraud and payments veteran broke down how to harness real-time payments while safeguarding against fraud in an increasingly connected world in this fascinating webinar:  https://hubs.ly/Q02BlzST0

𝗪𝗵𝗮𝘁 𝗮 𝘆𝗲𝗮𝗿 ! 𝗔𝗻𝗱 𝘁𝗵𝗶𝘀 𝗶𝘀 𝗻𝗼𝘁𝗵𝗶𝗻𝗴 𝗰𝗼𝗺𝗽𝗮𝗿𝗲𝗱 𝘄𝗶𝘁𝗵 𝟮𝟬𝟮𝟰 ! 🚀🚀🚀 I am very eager to start this year and to pursue our interactions with Fraud Fighters from Financial Institutions in the world ! 🌍 🅛🅔🅣'🅢 🅡🅞🅒🅚 ! #greentech #omnichannel #FraudPrevention #riskmanagement

BIG REVEAL TOMORROW! We are super excited to unveil our new product offering! Our entire team at Bureau has been working passionately on this new offering that will help banks and fintechs address their most persistent fraud problem. Stay tuned for more interesting updates! Oh, and if you have any guesses, please do write them down on the comments below! #NewProductLaunch #Bureau

1 Step Towards Solving Fraud. Stay tuned, Watch the space for more. I am sure everyone who wants to solve fraud and want to make this world fraud-free would love this release. #fightingfraud #fraudfighters #cybercrimefree

You can't fix what you can't measure! Bureau is quantifying money mule fraud through a Mule score. So banks and fintechs don't have to wait for fraud to happen. Ranjan R Reddy and Ram Rastogi 🇮🇳 will discuss on how to possibly get a handle on this! Priyam A. Preekshit Gupta Maruthi Kumar Nikhil Jois Apurwa Sarwajit Pranil Palan Sourabh Sharma Aman Patel Triya Shah