Fraud prevention stories - Page 21

As eCommerce surges towards a projected USD $9.3 trillion by 2027, merchants and payment providers must enhance security and convenience to reduce cart abandonment.

JT joins forces with GSMA as an Open Gateway Channel Partner, aiming to enhance global fraud and identity solutions in the telecoms industry through innovative APIs.

Survey reveals a dramatic rise in consumer demand for mobile app security, fraud prevention, and privacy measures, with 99.5% of users seeking robust protections.

Business leaders must balance generative AI's vast benefits with short-term deployment challenges to navigate its transformative yet complex potential.

Bank fraud is projected to reach USD $48 billion globally by 2029, a 153% surge, driven by evolving AI tactics, says Juniper Research.

Accor partners with Stripe to streamline payments across 5,600 global establishments, enhancing customer experience as Australia's tourism sector rebounds.

HID integrates its U.ARE.U Camera Identification System with Amazon Rekognition, enhancing facial analysis and verification for self-service and POS environments.

Appdome launches SDKProtect to bolster mobile SDK security, aiming to curb fraud and enhance compliance in the mobile app sector through threat-aware SDK versions.

A new report by Signicat and Consult Hyperion reveals the growing threat of AI-driven identity fraud across Europe, urging financial institutions to boost their defences.

PPRO brings on board Bronwyn Boyle as the new Chief Information Security Officer. With over 20 years of experience, she will lead PPRO's security strategy, bolstering safety across all corners of the global local payments platform.

Cyber scammers exploit Evri, Amazon, and PayPal brands with phishing schemes, reveals a new study by tech retailer, Currys, indicating a rising threat of such scams.

ServiceSeeking teams with ConnectID to boost online protection for SMEs via reliable identity verification, curbing fraud risks and fostering a trusted ecosystem.

Basware has launched an AI-based solution, AP Protect, aimed at helping companies shield from invoice fraud and errors.

Amid growing fraud concerns, a study reveals 70% of financial institutions are turning to AI and machine learning to bolster defenses, marking a notable shift towards tech innovation.

FICO's study reveals prolonged fears of identity theft among Indonesians, as 36% remain anxious, heightening vulnerabilities to financial loss and credit damage amid growing risks from real-time payments.

Traceable AI, a key player in API security, celebrates its year with revenue upwards of 300%. In addition, the firm bolstered its executive team and initiated new products and partnerships.

Singtel introduces SingVerify, a novel digital security toolkit aimed at combating scams by verifying customer identities in real-time.

SEON's 'Fraud Trends 2024' report warns of growing fraud challenges for businesses, citing AI advancements, Fraud-as-a-Service, and economic pressures as key factors.

Data management leader Denodo earns high recognition from Forrester Research for next-gen enterprise data fabric support.

Following a 52% surge in bookings, global AP automation leader Basware reveals expansive growth strategy, with a firm focus on AI innovation, customer growth, and fraud prevention.