Fraud prevention stories - Page 1
Proving human identity is essential to defending Australia’s financial services sector
Yesterday
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fraud prevention
Australia’s banks face rising AI-driven scams, making robust human identity verification and phishing-resistant MFA critical to security.
PEP & sanctions screening in Australia: Strengthening compliance with better data
Yesterday
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fraud prevention
With crime costing Australia up to AUD $60.1 billion a year, robust PEP and sanctions screening is now a strategic necessity for business.
Twilio predicts stricter AI customer service rules by 2026
Last week
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fraud prevention
Twilio predicts Asia Pacific customer service will face strict AI transparency rules and mandatory bot disclosures by 2026.
Tenable hack of Copilot AI agent exposes fraud risks
Last week
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fraud prevention
A Tenable demo shows a Copilot-built AI agent can be jailbreaked to steal card data and grant free trips, exposing major fraud risks.
Building trust into embedded finance: A security-first approach
Last week
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fraud prevention
As embedded finance reshapes digital platforms, Dwolla argues only security-first infrastructure can truly earn and sustain customer trust.
5 Fraud use cases you can stop with email validation
Last week
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fraud prevention
Rising fraud is exploiting fake and disposable emails; smarter validation at sign-up and checkout can block attacks before they cost you.
Festive-season cyber fraud surges as shoppers seek discounts
Last week
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fraud prevention
Festive-season cyber fraud is surging across India, with Karnataka alone reporting losses above INR ₹2,000 crores, experts warn.
Australians lose AUD $432 each on fake online tickets
Last week
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fraud prevention
One in five Australians has been duped by fake online tickets, losing an average AUD $432 as scams surge ahead of the busy summer events season.
Real people, real numbers: Why phone verification is your new trust filter
Last week
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fraud prevention
Phone numbers are becoming the new trust filter, helping businesses block fraud, cut wasted messages and secure real, reachable customers.
New Zealand issues mass alert over Lumma malware risk
Last week
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fraud prevention
New Zealand cyber agency emails 26,000 people in first mass alert over Lumma Stealer malware infecting Windows devices nationwide.
Mangopay names Andy Wiggan Chief Product Officer
Last week
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fraud prevention
Mangopay hires former Spotify and GoCardless executive Andy Wiggan as Chief Product Officer to drive wallet-first growth and crypto expansion.
Thirdfort adds iProov biometrics to fight UK ID fraud
Last week
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fraud prevention
Thirdfort adopts iProov biometrics to streamline UK property ID checks and combat AI-driven fraud in deals worth billions of GBP £1.6bn+.
Softonic issues guide to avoid scams in festive sales
Last week
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fraud prevention
Softonic issues festive-season guide warning of rising scams in fake shops, apps and delivery messages as online bargain hunting surges.
Stopping the growing threat of synthetic ID fraud
Last week
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fraud prevention
AI-fuelled synthetic ID fraud is surging, set to cost firms USD $23 billion by 2025 and USD $58.3 billion by 2030 without stronger checks.
How to detect fake players in online gaming
Last week
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fraud prevention
Online gaming faces a hidden surge of fake players; here’s how operators can detect bots, fraudsters and protect fair play at scale.
Digimune & MY CYBER GUARD launch Aussie ID shield
This month
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fraud prevention
Digimune and MY CYBER GUARD have teamed up to launch an Australian identity protection service for households and small businesses.
Fi911 launches ResolveLab to streamline payfac dispute tools
This month
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fraud prevention
Fi911 launches ResolveLab, a platform simplifying payfac access to Mastercard tools for quick dispute prevention and subscription management globally.
Group-IB launches secure platform to combat GBP £600m UK fraud
This month
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fraud prevention
Group-IB has launched a Cyber Fraud Intelligence Platform to help UK banks tackle GBP £600m fraud by securely sharing real-time risk signals while ensuring data privacy.
Payment leaders face modernisation hurdles despite confidence gap
This month
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fraud prevention
Despite 69% of payments leaders seeing their firms as market frontrunners, only 44% prioritise innovation amid legacy and regulatory hurdles.
Friendly fraud rise during Cyber Week threatens retail profits
This month
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fraud prevention
US retailers face rising friendly fraud during Cyber Week as 77% of shoppers dispute charges via banks, threatening profits amid USD $43.7bn online spend.