Fraud prevention Stories - Page 43

Global Stories

Fraud prevention stories

AI-fuelled bank scams rise, impersonating officials with ease

A recent report reveals that criminals are increasingly employing artificial intelligence to enhance bank scams, making them harder to detect.

By Shannon Williams • 3 min read • Fri, 31st Jan 2025

Biometrics

Remote goods fraud to rise, eCommerce losses to hit $10B

A study by Juniper Research predicts a global 18% rise in remote physical goods fraud by 2025, with losses reaching USD $10 billion, driven by advanced tactics.

By Melania Watson • 2 min read • Fri, 31st Jan 2025

Gaming

Keyless secures USD $2 million to enhance US expansion

Keyless has secured an additional USD $2 million, raising total funding to USD $10 million, to enhance its biometric services and expand in North America.

By Sean Mitchell • 2 min read • Mon, 27th Jan 2025

Data Protection

Entrust launches AI identity tool to tackle USD $112bn fraud

Entrust has launched a new AI-based identity verification service to help businesses tackle rising online fraud, which cost US firms USD $112 billion in 2024.

By Imee Dequito • 3 min read • Wed, 22nd Jan 2025

Data Analytics

SUSE unveils edge solutions to boost retail operations

SUSE has launched the SUSE Edge Suite and SUSE Edge 3.2, aiming to enhance retail operations through innovative edge computing solutions.

By Sean Mitchell • 3 min read • Tue, 21st Jan 2025

Fintech

Microblink reports strong 2024 growth in ID verification sector

Microblink has reported robust growth in 2024, buoyed by rising demand for its identity verification solutions and expanded integration on Google Cloud.

By Imee Dequito • 4 min read • Tue, 21st Jan 2025

Marketing Technologies

Travel industry faces rising threat from malicious bots

The travel industry is increasingly under siege from malicious bots, which now make up 44.5% of sector traffic, threatening airline revenue and customer security.

By Kaleah Salmon • 3 min read • Tue, 14th Jan 2025

Robotics

AI poised to transform banking with fraud prevention focus

Experts predict that 2025 will revolutionise AI in banking, enhancing fraud prevention, risk management, and customer experience, according to SAS.

By Kaleah Salmon • 3 min read • Wed, 8th Jan 2025

Fintech

Fintech leaders predict 2025's impact on the industry

Fintech executives foresee 2025 shaped by evolving fraud tactics, AI, open banking regulation, and changing consumer demands in the mortgage market.

By Shannon Williams • 5 min read • Wed, 1st Jan 2025

Customer Experience

LexisNexis to acquire IDVerse for advanced AI fraud tools

LexisNexis Risk Solutions has announced plans to acquire IDVerse, aiming to enhance its fraud management capabilities with AI-powered technology.

By Catherine Knowles • 3 min read • Fri, 13th Dec 2024

Artificial Intelligence

Ping Identity recognised as leader in CIAM & access management

Ping Identity has been hailed as a leader in access management and customer identity solutions, achieving top scores in major industry reports for 2024.

By Sean Mitchell • 2 min read • Mon, 9th Dec 2024

Phishing

Rise in counterfeit websites threatens holiday shoppers

As the festive shopping season approaches, researchers have identified nearly 80,000 counterfeit websites, endangering online shoppers seeking deals.

By Melania Watson • 3 min read • Mon, 2nd Dec 2024

Stories from Other Regions

Fraud prevention stories

Marketing Technologies

Targa Telematics recognised in Gartner's 2024 Hype Cycle

Targa Telematics has been named a Sample Vendor in the Insurance Telematics 2.0 category of Gartner's 2024 report, highlighting its innovative solutions for insurers.

By Kaleah Salmon • 2 min read • Tue, 28th Jan 2025

Malware

Appdome unveils AI-driven defence for mobile threat management

Appdome has launched Threat Dynamics, an AI-enhanced mobile defence platform aimed at pre-emptive threat management for mobile businesses facing rising fraud.

By Melania Watson • 3 min read • Thu, 23rd Jan 2025

Advanced Persistent Threat Protection

Hands-on Review: Norton 360 Platinum with the new Financial Monitoring

Norton has launched Financial Monitoring within its 360 Platinum suite, enhancing users' financial security by tracking unusual activity and subscription changes.

By Sean Mitchell • 4 min read • Wed, 18th Dec 2024

EduTech

Crypto's tech doesn't like people

Despite a surge in crypto users, many newcomers find the technology confusing and inaccessible, hindering their ability to invest effectively.

By Janine Grainger • 5 min read • Mon, 9th Dec 2024

Email Security

UK SMBs lose GBP £11,000 on average to online fraud in 2024

Research shows UK small and medium-sized businesses lost nearly GBP £11,000 each to online fraud in 2024, raising survival concerns among leaders.

By Shannon Williams • 3 min read • Thu, 5th Dec 2024

Online fraud

AI fraud networks exploit UK shoppers amid festive season

AI-driven fraud threatens to undermine Black Friday and Cyber Monday shopping, with UK scams costing victims over GBP £11.5 million last year.

By Shannon Williams • 3 min read • Tue, 3rd Dec 2024

Biometrics

Why identity management is an essential investment for Australian financial services providers in 2025

Allaying rising concerns about privacy and security is critical for organisations and institutions that want to survive and thrive.

By Ashley Diffey • 4 min read • Mon, 2nd Dec 2024