Fraud prevention stories - Page 1

A massive data breach exposing 16 billion credentials from major firms and government services signals severe global digital security flaws.

Sumsub launches 'The Beast 2.0' to fight a 121% surge in digital identity fraud across APAC, promoting secure digital access and inclusion in fintech and crypto sectors.

Businesses can harmonise user experience and cybersecurity through identity and access management, ensuring seamless yet secure digital interactions.

A cyberattack on Chain IQ has exposed sensitive data of UBS, Pictet and Implenia employees, spotlighting risks in third-party cybersecurity across sectors.

AI-driven deepfakes fuel a rise in cyberattacks, tricking users with fake ads and video calls, risking billions in financial losses worldwide.

RCS messaging in the UK has surged 65% in 2024, boosted by Apple iOS support and AI, as brands enhance customer engagement with richer, interactive chat tools.

Over a third of top global healthcare providers lack full email security, leaving systems vulnerable to phishing and risking patient safety and data breaches.

Agentic AI market set to grow from USD $7.28 billion in 2025 to over $41 billion by 2030, driving automation and transforming sectors from cybersecurity to customer service.

Puma has partnered with Adyen to unify payment systems across Asia Pacific stores and events, boosting efficiency and delivering a seamless customer experience.

Sumsub enhances fraud defence by integrating Fingerprint's device intelligence, offering real-time threat detection without complicating genuine user access.

Report It Now and Accord Analytics have launched an AI-driven fraud detection and whistleblower system across Australasia to tackle rising fraud.

Visa's plan to use AI agents for automatic payments sparks debate over security risks and whether consumers will trust machines handling their money.

AI is revolutionising real estate by speeding up closings, enhancing fraud detection, and boosting efficiency, making the sector safer and more consumer-friendly.

Experian and GBG expand their partnership to offer advanced fraud prevention and identity verification across Australia and New Zealand for faster, safer onboarding.

AU10TIX launches AnyDoc Authentication, an AI-powered tool detecting fraud in non-ID documents with 99.99% accuracy, aiding sectors from finance to healthcare.

SEON launches AI-powered real-time AML suite, unifying fraud and compliance tools to enhance risk detection and streamline regulatory reporting.

Orchestrating Identity names David Rennie as Chief Trust Officer to lead digital trust and compliance for businesses amid rising regulatory demands in the UK.

UK and European finance teams boost automation adoption, with 81% increasing use to combat fraud and ease regulatory burdens, says survey.

Ecommpay has launched a guide offering merchants practical strategies to navigate global eCommerce growth and tackle challenges in international payments.

VinciWorks has launched Conversational Learning, an AI-driven compliance training tool using voice and text interactions to boost engagement and retention.