FinTechs and FIs Find Common Ground on Scaling Real-Time AML Compliance As FinTechs and traditional financial institutions (FIs) increasingly partner to meet evolving customer expectations, the need for scalable and real-time anti-money laundering (AML) solutions has never been greater. A recent PYMNTS article highlights this trend, emphasizing the importance of core banking providers in helping both FinTechs and FIs modernize their AML efforts. Legacy systems are a major hurdle for many institutions, but new partnerships and technologies are emerging to address this challenge. At DataVisor, we're proud to be at the forefront of this movement, providing innovative AML solutions that enable real-time transaction monitoring and risk assessment. Our recent feature enhancements allow clients to configure and customize fraud prevention and AML strategies across banks and FinTechs, ensuring compliance with local, national, and global regulations. Read the full PYMNTS article here: https://lnkd.in/dM_A-HpW #AMLcompliance #FinTech #FinancialServices #DataVisor
DataVisor
Software Development
Mountain View, California 39,448 followers
The most powerful fraud and AML detection platform trusted by the world's largest brands.
About us
DataVisor is the world’s leading fraud and risk management platform that enables organizations to respond to fast-evolving fraud attacks and mitigate risks as they happen in real time. Its comprehensive solution suite combines patented machine learning technology with native device intelligence and a powerful decision engine to provide protection for the entire customer lifecycle across industries and use cases. DataVisor is recognized as an industry leader and has been adopted by many Fortune 500 companies across the globe.
- Website
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https://www.datavisor.com
External link for DataVisor
- Industry
- Software Development
- Company size
- 51-200 employees
- Headquarters
- Mountain View, California
- Type
- Privately Held
- Founded
- 2013
- Specialties
- Consumer-Facing Online Service Protection, Big Data Security, Internet Security, Mobile App Security, Fraud Detection, Fraud Prevention, Artificial Intelligence, Unsupervised Machine Learning, Machine Learning, AI Solutions, Anti-Money Laundering, and Fraud Protection
Products
DataVisor
Fraud Protection Software
DataVisor provides an end-to-end fraud and risk SaaS platform that is powered by AI and advanced machine learning for financial institutions and large organizations to combat a variety of different types of frauds, all in real time. We empower our customers to fight fraud in a much more proactive manner, with automation, efficiency, and scalability, thereby achieving the best detection results and the maximum ROIs.
Locations
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Primary
967 N Shoreline Blvd
Mountain View, California 94043, US
Employees at DataVisor
Updates
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✨ Exciting News! ✨ We are thrilled to share that DataVisor has been recognized as the Best Real-Time Payments of 2024! 🏆 Receiving a PayTech award by FinTech Futures is an incredibly prestigious honor, and we are proud to see our innovative work in real-time payments acknowledged in such a competitive field. The selection process for this award was rigorous, focusing on tangible, measurable improvements and benefits. The judges looked for no buzzwords, no marketing fluff—just evidence-backed results! Our commitment to pushing the boundaries of real-time payments is at the core of this recognition. We are immensely proud of the entire team who worked tirelessly to make real-time fraud prevention a reality, and we are excited for what’s next! #AwardWinning #RTP #RealTimePayments #Fintech #FraudPrevention #FraudDetection #Innovation #Proud #Teamwork #DataVisor
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Every fraudulent transaction impacts real people. Affirm is committed to protecting its customers, and DataVisor is proud to help. 💖 "Datavisor has demonstrated an unwavering commitment to our enterprise success by seamlessly integrating their risk detection scores into our online-decisioning. Utilizing DataVisor’s innovative machine learning approach and robust fraud prevention platform, we were able to increase our real-time fraud prevention." Director of Risk and Fraud at Affirm. #FraudPrevention #CustomerProtection #MakingADifference #AI #ML
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$4.41. Not the cost of gas, nor a nice cup of coffee. That's the loss for every $1 of fraud, on average for companies in the US and Canada, according to a new report. 🤯 Ecommerce fraud is hitting businesses hard. This article explores the critical steps to choosing the right fraud detection platform to protect online retail. Evaluating key features like - real-time detection - scalability - AI and ML Read the full article to learn how to choose the best fraud detection platform for your business: https://lnkd.in/g28hUr47 #ecommerce #frauddetection #cybersecurity #riskmanagement #machinelearning #AI
How E-Commerce Companies Choose the Right Fraud Detection Platform
https://www.datavisor.com
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Yinglian Xie, joined industry leaders from the Federal Reserve Board, Mastercard, and JPMorganChase in a panel discussion at the U.S. Faster Payments Council Fall Member Meeting in Denver. They came together to discuss a more effective, industry-wide approach to combating scams through a unified classification system in a panel discussion titled, "Industry Collaboration to Define and Classify Scams." #FPCFallMeeting #FasterPayments #ScamPrevention #AI #FraudDetection
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"A risk orchestration platform offers a beacon of hope, enhancing financial institutions’ agility. By integrating and coordinating various risk management strategies, institutions can respond more swiftly to emerging threats.” - Brenda Banks, VP of BaaS and BSA at DataVisor. Read more of Brenda's insights on "The Role of Risk Orchestration in Enhancing Financial Institution Agility Against Emerging Threats" in The Fintech Times, authored by Thomas Bleach. https://lnkd.in/gub5W8xu #RiskOrchestration #FinancialCrime #Fintech #DataVisor
The Role of Risk Orchestration in Enhancing Financial Institution Agility Against Emerging Threats | The Fintech Times
https://thefintechtimes.com
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A big thank you to Brian Hughes, former Chief Risk Officer of Discover Financial Services, for yesterday's webinar on future-proofing your onboarding process! There was a phenomenal turn-out for the webinar and attendees were genuinely appreciative. 💬 "Brian clearly laid out a comprehensive framework to organize the efforts to create and enhance the onboarding fraud detection." - Webinar attendee 💬 "Concise and packed, best 30-min spent!" - Webinar attendee Brian expertly covered the essential capabilities for fraud prevention during customer onboarding, including everything from the 10 critical signals for fraud detection to the power of orchestration and continuous improvement. Key takeaways: - 10 Essential Signals: From bot detection to behavioral analytics and linkage analysis, ensure you have all the right data for decisioning. - Decisioning: There is a migration from a static unmanageable set of rules to machine learning for more effective fraud management. - Continuous Improvement: Stay ahead of fraudsters with constant testing, rapid response, and a proactive strategy. "You want the ability to go from loss to a rule within a day. If you suffer a big loss, you want to be able to do the investigation, identify the vulnerability, and implement a new rule in 24 hours." 💬 Improve your fraud systems before a major loss, like you improve your information security to prevent breaches. Want to stay ahead of the curve on fraud prevention? 📅 Stay tuned for details on our next webinar: "Navigating the Shifting Landscape of APP Fraud and Money Movement" coming soon! Mike Cook will explore one of the hottest topics in financial services—APP fraud, its regulatory uncertainties, and how financial institutions can prepare for the future. Coming in October! #FraudPrevention #onboarding #webinar #APPFraud #Fintech #FraudDetection #CustomerExperience
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DataVisor reposted this
Thank you, Reed Luhtanen and the U.S. Faster Payments Council for having me on the “Off the Rails” podcast. Along with a fun game of “Buy or Sell”, we had a great discussion about the challenges that instant payments bring to the table and future trends in the faster payments industry. As organized fraud crime organizations become more sophisticated, it’s critical for the industry to stay ahead by leveraging AI and working together to share intelligence and insights. Check out the full episode wherever you listen to podcasts. #OffTheRails #FPC #FasterPayments #FraudPrevention #RealTimePayments #InstantPayments #FPC #OffTheRails #Podcast #Fintech
Just published! Listen to the latest episode of “Off the Rails from the U.S. Faster Payments Council” podcast, sponsored by Open Payment Network! FPC’s Reed Luhtanen goes off the rails with Yinglian Xie of DataVisor and they discuss all things faster payments fraud in this final episode before the FPC Fall Member Meeting. Download from Apple Podcasts or your favorite platform: https://lnkd.in/gWJrR_7M #OffTheRails #FPC #FasterPaymentsCouncil #FasterPayments #InstantPayments #RealTimePayments
26 Sept 2024 Yinglian Xie of Datavisor on all things faster payments fraud
podcasts.apple.com
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Catch Kevin McWey at the TruStage Fintech Summit 2024! Kevin wowed the crowd with a live demo of the DataVisor platform, showcasing how teams are leveraging our #AI and #ML innovations to stop #fraud faster. #FintechSummit2024 #TruStage #Fintech #Innovation #FraudPrevention #AML
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From scattered systems to unified mission control 🚀 “Partnering with DataVisor has enabled us to create a centralized intelligence platform for our fraud management. This transformation has greatly enhanced our fraud detection capabilities and operational efficiency, allowing us to focus more on our members' needs.” Douglas Nahas, Chief Operating Officer While NASA - National Aeronautics and Space Administration explores space, NASA Federal Credit Union navigated a more earthly frontier–stopping fraud and money laundering, while enhancing member convenience. The results were out of this world 🌎 - Manual review time went down an #astronomical 85% while detection precision went up a #stellar 20%. This study may have been from a few moons ago, but the lessons from their cosmic shift in fraud and money laundering prevention are still relevant today. Launch into the full case study and discover how NASA FCU achieved the impossible for the benefit of all their members. ➡️ https://lnkd.in/g-i6ENnb #DataVisor #FraudDetection #FraudPrevention #AML #CreditUnion #CaseStudy