Feedzai, a global leader in fraud prevention and financial crime management, together with its customer Form3, is proud to announce that they have been recognized as the winners of the prestigious Datos Insights 2024 Impact Award in Fraud & AML for Best Scam/APP Prevention Innovation. This award highlights the groundbreaking collaboration between Feedzai and Form3 in developing a first-of-its-kind solution to combat Authorized Push Payment (APP) fraud and uncover money mules.

Form3 announces that Currencycloud, a Visa solution focusing on simplifying business in a multi-currency world, has selected them to provide account verification technology to support Confirmation of Payee (CoP) activity, designed to reduce fraud in the UK.

Form3 launches a new, innovative authorised push payment fraud (APP fraud) prevention solution, powered by Feedzai, the market leader in anti-fraud and financial crime software. The new product is the first solution, built using fully supervised machine learning, to leverage collaborative intelligence to understand the behaviour of both the payment sender and recipient, to determine the risk of the payment being made in real-time.  

Form3 announces that it has strengthened its Board of Directors by appointing Anil Arora as independent Non-Executive Director. Based in San Francisco, Anil will bring to Form3 his significant experience in founding fintechs and scaling these into established US enterprises. Anil will help Form3 on its expansion journey, drawing on his experience of managing and understanding scaled Software-as-a-Service (SaaS) focused on financial institutions.

Form3 is delighted to announce it will be providing Klarna, the AI-powered payments network and shopping assistant, with SEPA connectivity to bolster its customer offering in Europe as part of its wider international growth strategy.

Thought Machine, the cloud-native banking technology company, today announces it has partnered with Form3, the cloud-native account-to-account platform, to add FedNow, TCH RTP and SEPA Instant Credit Transfer connectivity to Thought Machine’s payment platform, Vault Payments. This partnership brings together two next-generation payment solutions, offering banks and financial institutions an end-to-end solution for seamless real-time payment processing.

Form3 today announces that Visa, a world leader in digital payments, has invested in the cloud-native account-to-account platform, which will help Form3 continue its expansion. This funding is in parallel to news that Form3 will provide Visa’s clients with access to their best-in-class payments platform, to enable them to modernise their payments’ infrastructure.

Form3, the cloud-native account-to-account platform, today announces it has strengthened its Executive Management Team by appointing Matt Tuck as its new Chief Commercial Officer, joining on 11 September. Matt’s focus will be to support new and existing customers’ payment technology needs to enable their market growth and to continue delivering service excellence.