Fraud prevention stories
Scams that trick people into authorising payments drove UK fraud losses to GBP £1.28 billion last year, FICO said.
Retailers now face daily trading risk as PCI DSS 4.0 turns payment compliance into a continuous operational requirement, not an annual audit.
The deal gives banks and telecoms a way to share fraud signals without pooling customer data, as AI-driven scams surge worldwide.
Nearly six in ten Londoners have seen more scam attempts in the past year, with social media fraud and AI-made ruses fuelling concern.
Customers could soon verify their age, address and identity through banking apps, as lenders test a voluntary check-sharing service to curb fraud.
Automated traffic now makes up more than half of web requests, pushing enterprises to adopt defences that work across AI agents and APIs.
Fraud losses could fall if banks, merchants and regulators align on earlier intervention, Ecommpay says in a new report.
The hire comes as APJ customers accelerate AI deployment, raising demand for identity controls to manage human and machine access safely.
More than 5 million connection attempts from 985 organisations show scam traffic is increasingly reaching workplaces via social apps and personal devices.
Banks and fintechs could cut onboarding delays as a single workflow now joins customer identity checks with real-time business verification.
Cisco and OpenAI say AI agents are reshaping cyber defence by helping organisations detect, fix and respond to security threats more quickly.
Retailers can now run fraud checks and chargeback controls inside Shopify, as SEON and Domaine target fast-growing merchants facing rising losses.
Fans heading to the 2026 FIFA World Cup face ticket, WiFi and booking fraud as criminals target every stage of the trip.
Half of organisations in Australia and New Zealand say AI use is ungoverned, heightening fears of deepfake scams and prompt-injection attacks.
Security teams can now query Silent Push data through Claude and ChatGPT after the platform added AI access, bulk enrichment and reorganised modules.
Four in 10 US workers admit using AI to create bogus expense receipts, highlighting growing fraud and oversight risks for employers.
Users can now buy and activate travel eSIMs inside Truecaller in more than 30 markets, avoiding physical SIM cards and roaming fees.
Older Americans face sharper phone-fraud risks as AI voice cloning and caller ID spoofing make scams harder to spot.
Stolen credentials are fuelling fraud as attackers bypass ATO controls, exposing taxpayers and forcing tax agents to harden logins.
Customers using instant and cross-border payments will gain real-time fraud checks as the firms seek to curb risk across faster money flows.