Fraud stories - Page 8
eCommerce fraud increasing pressure on businesses margins
Wed, 20th Jul 2022
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martech
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commerce systems
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payment technologies
New report from Stripe finds that eCommerce fraud is one of the biggest drags on business growth, with nearly 3/4 of businesses affected.
Cost of fraud up 10 to 16% in APAC from pre-pandemic levels
Fri, 8th Jul 2022
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fintech
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cloud services
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cost
LexisNexis Risk Solutions released the latest APAC edition of the True Cost of Fraud Study, which surveyed 387 risk and fraud executives.
Fraud costs increase more than 10% over pre-pandemic levels
Fri, 8th Jul 2022
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email security
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cybersecurity
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scams
Cost of fraud in Asia Pacific rose 10%-16% from pre-pandemic levels, with digital banks and alternative lenders hit hardest.
SAS and Greater Bank launches new AML and fraud service
Fri, 17th Jun 2022
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sas
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fraud
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aml
Greater Bank partners with SAS to enhance fraud detection and anti-money laundering capabilities for its 270,000+ customers.
Q&A: Oculeus discusses the current state of telecoms fraud and beyond
Wed, 8th Jun 2022
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uc
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cybersecurity
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customers
Telecoms fraud is a growing concern as cybercriminals use advanced technology to outpace anti-fraud solutions. Measures are being taken to minimize the threats.
Sift shares crucial advice for preventing serious ATO breaches
Fri, 13th May 2022
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fintech
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martech
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commerce systems
Learn how to protect your accounts from Account Takeover Fraud (ATO) with the latest ebook from Sift. Click here to find out more.
FiVerity, Fortanix and Intel launch fraud prevention initiative
Thu, 21st Apr 2022
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data protection
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fintech
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breach prevention
FiVerity, Fortanix and Intel have partnered to bring secure data protection for fraud prevention in the financial services industry.
Sift shares digital trust and safety secrets in new report
Thu, 21st Apr 2022
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fintech
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email security
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cybersecurity
Payment fraud attempts have risen by 23% in the past year, according to a report by Sift. Businesses are advised to be proactive in preventing attacks.
Significant spike in consumer fraud, new report finds
Thu, 14th Apr 2022
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cybersecurity
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accenture
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fraud
Reported cases of consumer fraud more than tripled in the years 2020-2021 from prior years, according to a new report by Accenture.
Sift sheds light on fraud in the eCommerce sector
Mon, 4th Apr 2022
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data analytics
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martech
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planning
The pandemic has driven record levels of online shopping. Although retailers of all sizes are suffering increasing levels of fraud.
Provenir appoints Bharath Vellore as General Manager
Fri, 1st Apr 2022
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strategy
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sales
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fraud
Provenir has appointed Bharath Vellore as GM for APAC. Vellore will oversee all business operations and expand Provenir's presence in the region. #fintech.
ANZ apps incur $72m in losses due to mobile ad fraud
Fri, 1st Apr 2022
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fintech
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cybersecurity
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apps
The rapid digital transformation in the financial industry has encouraged more fraudsters to tap into finance applications.
CryptoRom Bitcoin swindlers – what to look out for
Thu, 31st Mar 2022
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firewalls
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network infrastructure
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network security
Surge in crypto scams and investment frauds in Australia, particularly dating scams, raises concerns as ASIC reports doubling of financial scams in 2021.
The generation gap: Protecting our kaumātua online
Wed, 30th Mar 2022
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email security
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wireless networks
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cybersecurity
New Zealand's elderly population is at risk of cyber threats due to a lack of online safety knowledge and support systems, says Age Concern NZ.
Mobile fraud on the rise as online transactions increase
Tue, 29th Mar 2022
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cyber criminal
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mobility
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fraud
Mobile traffic has accounted for 75% of all traffic, a four-year increase, according to the latest Cybercrime Report by LexisNexis Risk Solutions.
Significant shift to mobile fraud - LexisNexis Risk Solutions report
Mon, 28th Mar 2022
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smartphones
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cybersecurity
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fraud
There has been a significant shift to mobile fraud over the last four years, with mobile traffic representing 75% of all traffic.
Fake donation pages promising help to Ukraine appear on Darknet
Mon, 21st Mar 2022
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dark net
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dark web
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fraud
Fraudulent donation pages promising aid to the Ukraine are appearing on the Darknet, according to Check Point Software.
When implementing eCommerce cryptocurrency payments, think safety first
Fri, 11th Mar 2022
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cryptocurrency
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blockchain
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martech
One in four businesses plan to accept cryptocurrency in 2022, but it comes with risks. Sift offers solutions to ensure secure transactions.
Silent Eight raises $40m in Series B round to aid development strategy
Fri, 11th Mar 2022
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fintech
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cybersecurity
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cloud services
Financial crime platform Silent Eight has raised $40m in Series B round funding, which will be used to cater to the needs of its expanding customer base.
Mobile payments are booming and fraudsters have noticed
Wed, 9th Mar 2022
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smartphones
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martech
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commerce systems
Mobile payment fraud is on the rise as fraudsters target mobile customers. Advanced fraud solutions can help prevent these attacks.