Fraud prevention stories - Page 23
LSEG launches fraud solution to combat supplier fraud in APAC
Mon, 10th Mar 2025
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payment technologies
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emea
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fraud prevention
The London Stock Exchange Group has introduced its Global Account Verification solution in APAC and EMEA, tackling supplier fraud amid rising payment scams.
Generative AI in dating apps: women face increased risks
Fri, 7th Mar 2025
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financial systems
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genai
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ai
A survey by Sumsub reveals that nearly half of British dating app users see deepfakes as heightening risks, particularly affecting women's safety.
UK sees 63% rise in savings accounts used for fraud
Fri, 7th Mar 2025
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credit card fraud
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money laundering
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fraud
Reports indicate a staggering 63% rise in the misuse of savings accounts for fraud in the UK last year, outpacing a 12% increase in current accounts.
NTT DATA report reveals rise in AI adoption in banking
Wed, 5th Mar 2025
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data protection
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genai
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ai
NTT DATA's latest report reveals that 58% of banks globally are fully adopting generative AI, marking a crucial shift towards its integration in banking operations.
Omri Kletter joins Outpost24 as chief product officer
Fri, 28th Feb 2025
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uc
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risk & compliance
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ai
Outpost24 has appointed Omri Kletter as Chief Product Officer, aiming to enhance its cyber risk management solutions and support growth heading into 2025.
Emerging multimedia Bitcoin scams use deceptive MMS videos
Tue, 25th Feb 2025
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physical security
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cybersecurity
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identity theft
A study by Proofpoint reveals a rise in Bitcoin scams utilising video attachments in multimedia messages, evolving from static images to deceive victims.
LexisNexis completes acquisition of IDVerse for AI solutions
Fri, 21st Feb 2025
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risk & compliance
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digital identity
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fraud prevention
LexisNexis Risk Solutions has acquired IDVerse, enhancing its AI-powered risk and fraud solutions to bolster identity verification and onboarding processes.
NatWest selects five fintechs for growth programme support
Wed, 19th Feb 2025
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fintech
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payment technologies
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natwest
NatWest has selected five UK fintech startups for its new Fintech Growth Programme, offering support and mentorship to advance their innovative payment solutions.
Sinch partners with Aduna to enhance global network APIs
Thu, 13th Feb 2025
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uc
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digital transformation
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iam
Sinch has joined forces with Aduna to enhance global access to mobile network capabilities, driving innovation in digital communications and security.
Targa Telematics & Volkswagen forge strategic partnership
Fri, 7th Feb 2025
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iot
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fleet management
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data privacy
Targa Telematics has formed a strategic partnership with Volkswagen Group Info Services AG to enhance data solutions for fleet operators across Europe.
United Kingdom loses record GBP £306m to crypto scams in 2023
Thu, 6th Feb 2025
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crypto
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blockchain
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phishing
Cryptocurrency scams have surged in the UK, with victims losing GBP £306 million in 2023, prompting warnings for greater vigilance in the digital currency market.
Yavrio raises USD $2.4m to streamline ERP systems
Sat, 1st Feb 2025
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digital transformation
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fintech
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erp
Yavrio, a fintech firm in London, has raised USD $2.4 million in seed funding to transform ERP systems by eliminating error-prone CSV file imports.
AI-fuelled bank scams rise, impersonating officials with ease
Fri, 31st Jan 2025
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physical security
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ai
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identity theft
A recent report reveals that criminals are increasingly employing artificial intelligence to enhance bank scams, making them harder to detect.
Remote goods fraud to rise, eCommerce losses to hit $10B
Fri, 31st Jan 2025
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biometrics
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cx
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martech
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.
Targa Telematics recognised in Gartner's 2024 Hype Cycle
Tue, 28th Jan 2025
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martech
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iot
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personalisation
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.
Keyless secures USD $2 million to enhance US expansion
Mon, 27th Jan 2025
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gaming
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crypto
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blockchain
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.
Appdome unveils AI-driven defence for mobile threat management
Thu, 23rd Jan 2025
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malware
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advanced persistent threat protection
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physical security
Appdome has launched Threat Dynamics, an AI-enhanced mobile defence platform aimed at pre-emptive threat management for mobile businesses facing rising fraud.
Entrust launches AI identity tool to tackle USD $112bn fraud
Wed, 22nd Jan 2025
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data protection
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surveillance
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biometrics
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.
SUSE unveils edge solutions to boost retail operations
Tue, 21st Jan 2025
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data analytics
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cx
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edge computing
SUSE has launched the SUSE Edge Suite and SUSE Edge 3.2, aiming to enhance retail operations through innovative edge computing solutions.
Microblink reports strong 2024 growth in ID verification sector
Tue, 21st Jan 2025
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fintech
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hcm
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ai
Microblink has reported robust growth in 2024, buoyed by rising demand for its identity verification solutions and expanded integration on Google Cloud.