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0 0.000634139779780628 0.00429485578124102 0.00603393608639671 0.00889717327389073 0.011818059532274 0.00977151751570944 0.00909894502200275
Stock impact report

Socure's First-Party Fraud Consortium Achieves Unprecedented Scale, Uniting Industry Leaders Across Industries to Combat $100B Problem [Yahoo! Finance]

Mastercard Incorporated (MA) 
Last mastercard incorporated earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
INCLINE VILLAGE, Nev. Dec. 5, 2024 /PRNewswire/ -- Socure , the leading provider of artificial intelligence for digital identity verification, sanction screening, and fraud prevention today announced significant milestone achievements for its First-Party Fraud Consortium. The first of its kind, the consortium seeks to unify companies to tackle the complicated, multi-industry issue of First-Party Fraud by pooling data and insights which allow them to detect and stop fraud before it takes hold. The groundbreaking initiative has amassed data intelligence encompassing 190 million contributed identities, 121 million of which are unique identities, 325 million accounts, and 20 billion transactions, marking an unprecedented collaboration in financial services history. First-Party Fraud , sometimes referred to as "friendly fraud ," occurs when individuals use their own identity to commit dishonest acts for financial gain, such as disputing legitimate ATM withdrawals or debit or credit card Show less Read more
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