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Fraud prevention Stories

Australian Stories

Fraud prevention stories

Customer verification in Australia: A complete guide
Data Protection

Customer verification in Australia: A complete guide

Rising cybercrime is forcing Australian businesses to tighten checks or risk fraud losses, compliance breaches and slower onboarding.

By Edmund Ng • 7 min read • 2 days ago

Global Stories

Fraud prevention stories

Financial services leads in AI identity readiness scorecard
Digital Transformation

Financial services leads in AI identity readiness scorecard

Banks and other financial firms are under more pressure from AI-assisted identity fraud, but they outscore peers on detection and audit evidence.

By Karen Joy Bacudo • 4 min read • Last week
Daon launches Quantum Identity architecture for fraud
Biometrics

Daon launches Quantum Identity architecture for fraud

Banks and other regulated firms could gain extra protection against replay and injection fraud as Daon readies identity checks for the post-quantum era.

By Sean Mitchell • 4 min read • Last week
1Kosmos names Frank Cohen as Chief Revenue Officer
Digital Transformation

1Kosmos names Frank Cohen as Chief Revenue Officer

The hire is aimed at accelerating adoption of its identity verification platform as enterprises battle impersonation attacks and account takeover risk.

By Sofiah Nichole Salivio • 3 min read • Last week
Why enterprise AI must learn to act, not just talk
Digital Transformation

Why enterprise AI must learn to act, not just talk

Travel and banking customers could see faster resolutions as enterprises shift AI from answering queries to completing tasks end to end.

By Albert Nel • 6 min read • Last week
SAS Innovate: New era of scams requires novel solutions
Fintech

SAS Innovate: New era of scams requires novel solutions

Australians are losing billions as AI-driven fraud pushes banks, telcos and platforms to share scam data faster and stop payments earlier.

By David Shilovsky • 5 min read • Last week
Incode launches GovFaceMatch for US state DMV checks
Data Protection

Incode launches GovFaceMatch for US state DMV checks

The new service aims to curb AI-driven identity fraud while speeding up checks that often drive genuine users away.

By Sean Mitchell • 4 min read • Last week
Autonomous AI agents could drive 90% of fraud by 2028
Phishing

Autonomous AI agents could drive 90% of fraud by 2028

Scam losses are rising faster than human fraudsters alone can explain, with AI-enabled cases in the US already topping USD $900 million.

By Sean Mitchell • 4 min read • Last week

Stories from Other Regions

Fraud prevention stories

Real-time rail payments bring Canada into hold-free economy
Fintech

Real-time rail payments bring Canada into hold-free economy

Consumers and businesses will be able to move money in seconds outside banking hours when Payments Canada launches the RTR next quarter.

By Jake MacAndrew • 4 min read • Today
New Zealand lenders adopt AI amid data readiness gap
Data Protection

New Zealand lenders adopt AI amid data readiness gap

Most lenders still lack the data quality and governance needed to trust AI, even as 76% use it for credit and fraud decisions.

By Sean Mitchell • 4 min read • 2 days ago
Sionic & Agentix link AI shopping to bank payments
Fintech

Sionic & Agentix link AI shopping to bank payments

Shoppers could soon pay straight from bank accounts as the tie-up lets AI agents find goods, check stock and complete purchases.

By Karen Joy Bacudo • 4 min read • Last week
Teqare expands cyber safety for First Nations wealth
Data Protection

Teqare expands cyber safety for First Nations wealth

CAD $90,000 scam losses have pushed Teqare to widen training across more than 80 First Nations, schools and elder communities in Canada.

By Joseph Gabriel Lagonsin • 4 min read • Last week
Riskified & Marqeta boost fraud checks for issuers
Gaming

Riskified & Marqeta boost fraud checks for issuers

The tie-up could help card issuers approve more genuine online purchases, while reducing costly false declines and chargebacks across eCommerce.

By Karen Joy Bacudo • 4 min read • Last week
Availability should follow the transaction, not the infrastructure
Disaster Recovery

Availability should follow the transaction, not the infrastructure

Manual recovery still risks missed payments and trades when financial systems fail, as customers care only whether transactions complete.

By Don Boxley • 4 min read • Last week
Maximum raises USD $30 million seed round for banks
Software-as-a-Service

Maximum raises USD $30 million seed round for banks

Banks could gain faster product updates and lower operating costs as Maximum emerges from stealth with a USD $30 million seed round.

By Karen Joy Bacudo • 4 min read • Last week
AI traffic surges 30% as Philippines braces for bots
Network Infrastructure

AI traffic surges 30% as Philippines braces for bots

Businesses in the Philippines may face higher costs and slower sites as AI-generated internet traffic rises 30% in five months, Fastly said.

By Sean Mitchell • 4 min read • Last week
VanishID launches AI tool to cut identity attack risk
Phishing

VanishID launches AI tool to cut identity attack risk

Businesses are being warned that publicly exposed staff data can now fuel phishing and deepfake fraud without breaching internal systems.

By Sean Mitchell • 5 min read • Last week