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📢 𝗦𝗻𝗮𝗶𝘁𝗲𝗰𝗵 𝗦𝗲𝗹𝗲𝗰𝘁𝘀 𝗧𝗿𝘂𝘀𝘁𝗳𝘂𝗹𝗹 𝘁𝗼 𝗙𝗮𝗰𝗶𝗹𝗶𝘁𝗮𝘁𝗲 𝗦𝗮𝗳𝗲𝗿 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗢𝗻𝗯𝗼𝗮𝗿𝗱𝗶𝗻𝗴 📢 Today it is our pleasure to officially unveil our partnership with Snaitech, one of the main players in the Italian gaming and sports betting industry. 👉 https://lnkd.in/diDHbpXS By integrating Trustfull’s Digital Risk Intelligence Platform, Snaitech is now able to: 🔎 Identify legitimate player accounts with Email Address & Phone Number Analytics 🔒 Strengthen detection of suspicious accounts while reducing manual interventions 🌟 Maintain a Seamless User Experience for players while minimizing promo abuse Snaitech's innovative approach and dedication to technology have redefined entertainment standards in the gaming industry, and we're honored to support their mission. 🗨️ In their words: “At Snaitech, we are actively investing in new technology that enables better customer journeys and safer experiences while increasing our defenses against bad actors. After very successful testing with Trustfull, we decided to partner with them. Their Digital Risk Intelligence Platform will enable us to minimize manual intervention. We look forward to continuing working closely with Trustfull.” - Alessandro Graziosi, Chief Digital Officer Read more about our partnership here: https://lnkd.in/diDHbpXS #DigitalOnboarding #FraudPrevention #iGaming #Trustfull #Snaitech #SportBetting #PromoAbuse

In an era where #generativeAI is making #deepfakes, voice cloning, and injection attacks easier for fraudsters, the need for robust identity verification procedures has never been greater. Biometric Update has gathered recent industry announcements and studies on how AI is being used to both pursue and fight fraud, including: 💡Jumio Corporation’s 2024 Online Identity Study, revealing that 75% of customers believe their bank is ultimately responsible for protecting them against cybercrime. 💡IDology's Global Fraud Report, showing that 45% of companies are worried about generative AI’s ability to create more sophisticated synthetic identities.  💡Recent reports from the Association of Certified Fraud Examiners (ACFE), saying businesses worldwide lose an estimated 5% of their annual revenues to fraud. 💡Statistics by iProov, showing a 704% increase in face swap injection attacks between the first and second halves of 2023. 💡Trustfull's launch of Silent Onboarding, a solution that combines phone, email and IP address data to pre-screen customers in the background and empower companies against the rising threat of synthetic identity fraud. To find out more, explore: 🔗 The full round-up article: https://lnkd.in/dsReWWFg 🔗 Trustfull's Silent Onboarding announcement:  https://lnkd.in/dkwBQCt2

In 2023, identity fraud losses soared to nearly $23 billion, largely due to synthetic identity fraud. To help businesses in their fight against synthetic identity fraud, at Trustfull we are proud to unveil 𝗦𝗶𝗹𝗲𝗻𝘁 𝗢𝗻𝗯𝗼𝗮𝗿𝗱𝗶𝗻𝗴. Key Features: 🔗 𝗦𝗶𝗻𝗴𝗹𝗲 𝗔𝗣𝗜: Seamlessly integrates into existing account opening processes. ⚙️ 𝗡𝗼-𝗖𝗼𝗱𝗲 𝗗𝗲𝗰𝗶𝘀𝗶𝗼𝗻𝗶𝗻𝗴 𝗘𝗻𝗴𝗶𝗻𝗲: Easy to use with customizable risk models and full explainability. 👥 𝗔𝗱𝘃𝗮𝗻𝗰𝗲𝗱 𝗜𝗱𝗲𝗻𝘁𝗶𝘁𝘆 𝗚𝗿𝗮𝗽𝗵: Visualizes suspicious connections using digital identifiers. ⚠️ 𝗔𝗰𝘁𝗶𝗼𝗻𝗮𝗯𝗹𝗲 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀: Helps you continuously refine your risk strategies with detailed insights. This is just the beginning of our mission to ensure business safety and compliance across all digital customer interactions, from initial sign-up to subsequent logins and transactions. Learn more about Silent Onboarding at the link in the first comment 👇 #Trustfull #SilentOnboarding #SyntheticIdentityFraud #FraudPrevention #FintechNews

🚀 Year after year, Money20/20 Europe proves to be an unmissable event for the global Fintech community. Over the three days of the conference, the Trustfull team hit the ground running, connecting with hundreds of Fintech experts, entrepreneurs, tech providers, and clients. Now that the dust has settled, it's time to unpack what takeaways on the state of #fraudprevention in Fintech we have brought home with us. From the threat of #deepfake and #syntheticidentity fraud 👤 to the addition of digital signals to the #3DSprotocol 🔒 here are some insights we've gathered at #M2020EU 👇

👩💻 Upcoming Webinar in partnership with Provenir & Finance Innovation Next Tuesday, join us for an insightful discussion on how to effectively balance risks and opportunities to enhance the customer journey in #financialservices. The virtual panel, moderated by Finance Innovation's Anne Le Dreff, will feature: - Stéphane Chatelain, Trustfull - Éric Le Calvez, BPCE Solutions informatiques - Cyril Regnier, Square Management - Brice Barouch, Provenir   📅 Date: 18th June 2024 🕚 Time: 11:00 AM CEST 🌍 Language: French For more information and to reserve your seat 👉 https://lnkd.in/dr8z6j8H #riskmanagement #webinar #webinaire #CX #UX

Once again, Money20/20 didn't disappoint... Throughout the week, we had the chance to take the pulse of the global Fintech community, understand how #AI is reshaping the sector's operations and hear what priorities our partners and clients are setting for their business in the months to come. A huge thank you to everyone who stopped by our booth and shared their most pressing #fraudprevention challenges with our team. This type of insight helps us constantly improve our products and make sure we address the market's real needs. Didn't have time to meet with us but are interested in a demo of Trustfull's Digital Risk Intelligence Platform? Request a meeting here: https://lnkd.in/dCHq9yjc #Money2020 #M2020EU #M2020Europe #Money2020EU #Fintech #Innovation #Trustfull Marko Maras Srdjan Kosutic Stéphane Chatelain Alex Tonello

Attending Credit Week - Fiera del Credito in Milan today and tomorrow? Let's meet at the ItaliaFintech stand (N.3). Come meet Trustfull's Paolo Mardegan and Margherita Maspero and discover the latest updates to our market-leading Digital Risk Intelligence platform. If you're not here but are still interested to learn more about our solution, click here: https://lnkd.in/dZrieS6q #creditweek CreditNews #FieraDelCredito

Next week promises to be a busy one. Not only we will be in Amsterdam for Money20/20 Europe, but also in Milan, at the Credit Week - Fiera del Credito. On Wednesday, June 5th and Thursday, June 6th find us at the Palazzo del Ghiaccio in Milan. Please visit the ItaliaFintech stand to see a live demo of our Digital Risk Intelligence platform and explore how, together, we can protect your business from #fincrime and #onlinefraud. Keen to set up a meeting in advance? Please contact us here: https://lnkd.in/dCHq9yjc

9.2 million euros. This is the fine that BaFin, Germany's financial regulator, has imposed on online bank N26 today. According to the official BaFin statement, what cost N26 the fine was a series of systematic delays in their filing of suspicious transaction reports. As the objective of such reports is to allow authorities to take action quickly when needed, continued delays represent an impediment to effective investigations. Hence the reason for the fine. Among the preventive measures available to financial institutions, real-time risk signals have a central role. By seamlessly integrating Trustfull's #riskintelligence tools within their digital products, compliance teams are able to quickly and accurately detect accounts with high #moneymulling and #moneylaundering risk. Each red flag is recorded and securely stored within the system, ready to be exported and shared with regulators in seconds. So, if you're looking for ways to strengthen your mule account detection capabilities, look no further than our digital risk intelligence platform: https://lnkd.in/dhXAUtNF