Connect with us

Technology

Resecurity Introduces Advanced AI-powered Fraud Prevention Platform

Published

on

LOS ANGELES, Aug. 11, 2024 /PRNewswire/ — Resecurity (USA), a global leader in cybersecurity and risk management solutions protecting major Fortune 500 companies and government agencies worldwide, unveiled its advanced AI-driven Fraud Prevention Platform. This versatile solution is engineered to combat fraud across banking, virtual asset service providers (VASPs), gambling, e-commerce, and online marketplaces, providing a robust defense against the evolving landscape of digital fraud. The platform was successfully introduced at Black Hat USA 2024 in Las Vegas, along with the CONTEXT AI framework by Resecurity.

In the digital era, the frequency of online transactions has increased in times, alongside the sophistication of fraud tactics, tools and procedures (TTPs). Resecurity’s AI-driven Fraud Prevention Platform leverages state-of-the-art data science and machine learning (ML) to offer comprehensive, preemptive protection and close to real-time detection across various digital platforms.

The platform is powered by actionable Big Data providing unique risk intelligence insights on the latest fraud indicators, money mules, politically exposed person (PEPs), merchants involved in illegal activity, enabling financial crime investigators, fraud prevention and compliance teams to perform enhanced KYC screening and conduct deep dive investigations.

Diverse Applications for Comprehensive Fraud Prevention:

Protecting Banks’ Customers: The platform delivers tailored fraud detection and prevention mechanisms for the banking sector. By continuously analyzing transaction patterns and customer behaviors, it identifies anomalies and potential fraud attempts in real-time, enabling banks to swiftly protect their customers’ assets.Safeguarding E-commerce and Payment Systems: E-commerce platforms and payment systems, often targeted by fraudsters, benefit from Resecurity’s seamless integration. The platform utilizes advanced AI algorithms to monitor transactions and user activities, detecting fraudulent actions such as account takeovers, payment fraud, and identity theft, thereby maintaining trust and security for e-commerce businesses.Detecting Fraud on Marketplaces: Marketplaces, with their high volume of daily transactions, require vigilant fraud monitoring. The AI-driven Fraud Prevention Platform equips marketplaces with the necessary tools to identify and mitigate fraud effectively. By analyzing extensive data in real-time, the platform spots fraudulent listings, fake reviews, and unauthorized transactions, preserving marketplace integrity and protecting both buyers and sellers.Accelerate Compliance for Fintech: Stay compliant with the latest regulatory requirements by leveraging comprehensive fraud prevention controls and specialized advisory services.

Key Features of Resecurity’s AI-driven Fraud Prevention Platform:

Anti Money Laundering (AML): Detection of actors who may misuse financial services, such as banks, e-commerce platforms, and payment networks, to engage in illegal activities, including money laundering and terrorism financing. Resecurity is sharing actionable risk intelligence to facilitate the identification of high-risk individuals and accelerate anti-money laundering controls for compliance purposes.Real-time Fraud Detection: Utilize cutting-edge AI and graph-based analysis to identify fraudulent activities quickly and accurately.Cross-Platform Behavioral & Environmental Metrics: Analyze geolocation with high accuracy, behavior, network, software environment, time-based and device-specific data from customers, enhancing fraud detection across web and mobile interfaces.Bot Detection and Behavioral Analysis: Analyze device requests and user behavior to predict and prevent fraud attempts, ensuring authenticity and security.Preemptive Fraud Intelligence: Leveraging AI and machine learning, the platform offers preemptive insights to stop fraud before it can impact operations based on ongoing financial crime intelligence collection (compromised payment data, activity of threat actors).Superior Device Fingerprinting: Uses proprietary technology to distinguish legitimate users from potential threats, including infected and spoofed devices.Platform-Agnostic Mobile SDK: Employs Web Snippet and Mobile SDK for Google Android and Apple iOS to ensure seamless integration across a wide range of digital platforms, enhancing adaptability and coverage.

The platform has been successfully implemented in leading financial institutions, lending providers, insurance organizations, and marketplaces, enabling them to save millions of dollars in potential losses.

About Resecurity

Resecurity® is a cybersecurity company that delivers a unified endpoint protection, fraud prevention, risk management, and cyber threat intelligence platform. Known for providing best-of-breed data-driven intelligence solutions, Resecurity’s services and platforms focus on early-warning identification of data breaches and comprehensive protection against cybersecurity risks. Founded in 2016, it has been globally recognized as one of the world’s most innovative cybersecurity companies with the sole mission of enabling organizations to combat cyber threats regardless of how sophisticated they are. Most recently, Resecurity was named one of the Top 10 fastest-growing private cybersecurity companies in Los Angeles, California, by Inc. Magazine. An Official Partner of the Cybercrime Atlas by the World Economic Forum (WEF), Member of InfraGard National Members Alliance (INMA), AFCEA, NDIA, SIA, FS-ISAC and the American Chamber of Commerce in Saudi Arabia (AmChamKSA), Singapore (AmChamSG), Korea (AmChamKorea), Mexico (AmChamMX), Thailand (AmChamThailand), and UAE (AmChamDubai). To learn more about Resecurity, visit https://resecurity.com.

For more information about Resecurity’s AI-driven Fraud Prevention Platform, visit https://www.resecurity.com/fraud-prevention.

View original content to download multimedia:https://www.prnewswire.com/news-releases/resecurity-introduces-advanced-ai-powered-fraud-prevention-platform-302219378.html

SOURCE Resecurity Inc.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

BinBase Expands 2026 BIN Dataset with Instant Payout Intelligence for iGaming, Gambling, and Cross-Border Transfers

Published

on

By

BinBase updates its 2026 dataset with specialized Fast Funds, Visa Direct, and Mastercard MoneySend indicators to help iGaming operators and payout platforms execute seamless, instant card disbursements.

MIAMI, July 23, 2026 /PRNewswire-PRWeb/ — BinBase, a global provider of payment routing intelligence and card issuing data, has introduced specialized instant payout indicators as part of its upgraded 2026 BIN Database. Tailored for iGaming operators, online gambling platforms, crypto-to-fiat ramps, and payout aggregators, the updated dataset helps platform engineers streamline real-time card disbursements and Push-to-Card (P2C) transactions.

In high-velocity sectors such as online betting and gaming, instantaneous player payouts are a primary driver of customer retention. However, executing Push-to-Card transactions through protocols like Visa Direct and Mastercard MoneySend requires knowing whether the receiving card issuer supports Fast Funds for specific merchant category codes (MCCs). Attempting instant payouts on non-eligible cards leads to declined transactions, elevated processing fees, and poor user experiences.

The 2026 BinBase release solves this operational bottleneck by delivering dedicated attributes for real-time fund disbursements:

Fast Funds Eligibility: Granular indicators identifying domestic and cross-border Fast Funds support across global Visa and Mastercard ranges.Online Gambling Fast Funds (OG FF): Dedicated flags specifically identifying card ranges authorized to receive real-time gambling and betting payouts.Mastercard MoneySend & Visa Direct Indicators: Precise protocol compatibility markers (MS Ind & MT Ind) ensuring push transactions are routed only to eligible recipient cards.Direct Debit & Pull-Funds Support: Indicators for recurring collections and account-funding transactions.

“Player payouts in iGaming cannot wait for standard 2-to-3-day ACH settlements,” said a spokesperson for Damiko Inc. “By embedding our Fast Funds and Gambling FF flags into their payment engines, operators can instantly validate recipient cards before initiating a transfer, guaranteeing high success rates and instant liquidity for their users.”

Fintech engineers and payout architects can examine the full 29-field database schema and access a free 2026 sample dataset on GitHub.

To explore commercial licensing, bulk database downloads, or custom data feeds, visit BinBase at https://binbase.com.

About Damiko Inc

Damiko Inc is a US-based fintech data provider specializing in card issuer analytics, payment routing data, and global BIN database solutions. Operating through its flagship product, BinBase.com, the company supplies high-precision transaction intelligence to help merchants and payment facilitators worldwide optimize approval rates and mitigate processing fees.

Media Contact
Fedor Lavrikoff, BinBase, 1 7866133334, sales@binbase.com, www.binbase.com 

View original content:https://www.prweb.com/releases/binbase-expands-2026-bin-dataset-with-instant-payout-intelligence-for-igaming-gambling-and-cross-border-transfers-302829344.html

SOURCE BinBase

Continue Reading

Technology

Walnut Coding’s Young Coders Serve as ‘Instructors’ at Huawei Cloud Developer Training Camp

Published

on

By

Ages 8 and 15, students showcase AI-era project-building skills from concept to working application

BEIJING, July 23, 2026 /PRNewswire/ — Walnut Coding (the “Company”), a leading online platform for youth coding education, said two of its students – ages 8 and 15 – have joined the “instructor” lineup at Huawei Cloud Developer Training Camp, making them among the youngest “instructors” in the program’s history. The Company cites the pair as a prime example of how young learners can combine coding fundamentals with AI tools to turn ideas into working applications.

The two students, Bolin Du, 8, and Peiqi Gao, 15, built working applications using Huawei Cloud CodeArts, an AI coding assistant, then presented the projects to the training camp themselves – walking the audience through their design choices, technical builds, and debugging process.

The move lands at a moment when AI coding tools are forcing a rethink across the education sector. Tools that can generate functioning code from a plain-language prompt have undercut the traditional argument for teaching children to program – that they need the skill to build things themselves. Walnut Coding’s answer is that the more valuable skill now is judgment – knowing what problem to solve, breaking it into parts, and determining whether an AI’s output actually works.

Gao built a travel-planning application that generates routes, itineraries, and recommendations based on user input, handling the project end to end, from requirements and design through coding and debugging. Du, the younger of the two, built an interactive calendar application, using HTML for page structure, CSS for visual design, and JavaScript for interactive features. Both students then took on an instructor’s role at the camp, presenting their project goals and technical implementation to the audience – a step Walnut Coding says separated the work from a typical classroom assignment.

These were not classroom exercises but working projects, built and presented inside a professional developer-training environment. The experience demanded more from both students than simply producing something functional – they needed to articulate their reasoning, defend technical choices, and refine the final result under scrutiny. Their participation signals a broader shift underway in what youth coding education can deliver.

AI is making code generation easier, but it is also redrawing which skills actually matter. A student who relies only on one-click generation may get a rough prototype quickly, but still struggle to spot logical flaws, judge whether the output is reliable, or turn an abstract idea into a product that actually works. Students with programming foundations, by contrast, are better positioned to define requirements, evaluate what the AI produces, correct its errors, and treat the technology as a tool rather than a shortcut to lean on.

“AI can help children generate code faster, but it cannot decide for them what problem they should solve, nor can it make the final judgment about whether the result is truly effective,” said Pengxuan Zeng, founder and CEO of Walnut Coding. “What these two students demonstrated is not just coding technique, but the ability to define needs, break down tasks, verify outcomes, and turn an idea into a working product. That is why we believe young people still need to learn programming in the AI era.”

Walnut Coding structures its courses around that thesis, pairing student-led project work with teaching-assistant guidance and AI-assisted support. According to the Company, this data is continuously fed back into its systems to refine the personalization of AI-assisted feedback — a closed-loop process linking teaching, practice, feedback, and curriculum development.

The Company frames the payoffs less around producing professional software engineers than around a broader form of literacy. As AI continues to reshape how tasks get done, the ability to understand the technology, structure problems clearly and collaborate effectively with intelligent tools may prove one of the most durable skills a young learner can develop.

Walnut Coding says it plans to keep expanding opportunities for students to build practical projects, partner with industry technology platforms such as Huawei Cloud, and develop the core capabilities needed to build with technology in the AI era.

View original content:https://www.prnewswire.com/news-releases/walnut-codings-young-coders-serve-as-instructors-at-huawei-cloud-developer-training-camp-302833884.html

SOURCE Walnut Coding

Continue Reading

Technology

MOREH Showcases High-Performance LLM Inference on AMD GPUs at AMD Advancing AI 2026

Published

on

By

SAN FRANCISCO, July 23, 2026 /PRNewswire/ — Moreh, an AI infrastructure software company, led by CEO Gangwon Jo, participated in AMD Advancing AI 2026, AMD’s flagship annual AI event held in San Francisco on July 22–23 (local time), where it demonstrated its distributed inference solution, the MoAI Inference Framework, running on AMD GPUs.

At the event, Moreh presented a live demonstration of the GLM-5.1 large language model (LLM) powered by the MoAI Inference Framework on a system equipped with 32 AMD Instinct™ MI300X GPUs across four nodes. Visitors experienced the chatbot firsthand, evaluating its response speed and service quality while observing performance across a range of real-world use cases.

Unlike conventional demonstrations that simply run an AI model, Moreh’s showcase displayed key inference service metrics in real time, including GPU utilization, Tokens Per Second (TPS), Time To First Token (TTFT), and Time Per Output Token (TPOT). This enabled attendees to directly verify both inference performance and GPU resource efficiency in a production-like service environment.

Global AI industry leaders and enterprise customers attending the event expressed strong interest in the system’s fast response times and stable performance. In particular, the live deployment of the computationally demanding GLM-5.1 model on AMD GPUs at production-grade service levels received positive feedback from visitors.

Moreh’s MoAI Inference Framework is widely recognized as the world’s first commercially deployed distributed inference solution built for the AMD ecosystem. Its distributed inference and heterogeneous computing technologies are designed to dramatically reduce AI service costs, enabling broader adoption of AI worldwide. The technology addresses one of the industry’s biggest challenges-the rapidly rising infrastructure and service costs caused by increasingly larger AI models-by delivering a more efficient inference infrastructure.

Moreh CEO Gangwon Jo stated, “This event provided an opportunity for global customers to verify firsthand that top-tier inference performance can be achieved on AMD GPU environments,” and added “We will continue advancing our AI infrastructure software so enterprises can operate AI services as efficiently as possible, regardless of the underlying GPU platform.”

Moreh develops its own AI infrastructure engine and has expanded its end-to-end AI capabilities through its foundation LLM subsidiary, Motif Technologies, covering both AI infrastructure and foundation models. The company is also strengthening its presence in the global AI market through strategic partnerships with leading technology companies, including AMD and Tenstorrent.

View original content to download multimedia:https://www.prnewswire.com/news-releases/moreh-showcases-high-performance-llm-inference-on-amd-gpus-at-amd-advancing-ai-2026-302833887.html

SOURCE Moreh

Continue Reading

Trending