Tag

fraud prevention

Crypto-mining marketplace gets breached, Bitcoin funds stolen

NiceHash, a crypto-mining marketplace, has published a statement on social media announcing that hackers breached its site and stole all the Bitcoin from its main wallet. The incident appears to have taken place on December, 5, according to BeepingComputer, and many users complained about losing Bitcoin from their NiceHash wallets. At press time, the company’s…

OCBC Bank rolls out biometric authentication app in Malaysia

OCBC Bank, Malaysia-based,  has launched a pioneering business banking mobile app (app), which uses biometric authentication. The app, featuring OCBC OneTouch, leverages on Apples Touch ID technology, allowing Malaysian-registered users of the bank’ s Internet portal called [email protected], to conduct transactions using biometrics.   The Business Mobile Banking app enables iPhone users to perform numerous…

The ai Corporation offers global transaction-monitoring service

The ai Corporation has launched its global transaction-monitoring service, allowing companies to outsource their fraud management functions.   The new outcome-based fraud service model, which combines man and machine learning technology, will allow companies to outsource their fraud management to ai’s team, under a performance-based contract. The company will be fully responsible of implementing a customer’s fraud…