Fraud prevention stories
Phishing and malware activity has doubled in Gulf markets since late February, with attackers exploiting conflict themes to target finance and energy links.
The new tool aims to cut false declines as payment firms face faster-moving fraud patterns and rising losses from card abuse.
Poor mobile data quality can cost retailers deliveries, revenue and loyalty as shoppers switch devices and systems leave records incomplete.
Rising deepfake and synthetic-identity attacks are prompting banks and regulators to back new guidance on hardening fraud defences.
The updates should cut manual expense work and tighten policy compliance as SAP Concur rolls out more AI and card-linked automation.
Credit unions could cut call-centre traffic as Eltropy’s AI now verifies members and handles routine account tasks in one conversation.
Rising fake-invoice and identity risks are pushing firms to centralise signing controls as AI makes forged documents harder to spot.
Synthetic identity fraud is emerging as the fastest-growing threat, with more than one in 10 cases now involving false identities.
Recognition from the Loss Prevention Research Council underscores retailers' push to target repeat offenders behind much of the US's organised theft.
The three-year tie-up aims to turn academic research into practical payments policy on fraud, stablecoins, remittances and cyber risk across APAC.
Centralised controls aim to help firms verify signers and spot altered files as AI-made fraud and e-signature use rise.
Businesses and victims face longer waits as fraud and computer misuse offences have outpaced specialist police staffing by 57 percentage points since 2020.
The deal will help the bank integration software provider expand enterprise services, develop new products and pursue acquisitions.
Consumers will soon get faster access to deposited funds, while banks face new fraud rules and stablecoins enter a regulated Canadian framework.
Businesses face gaps in static KYC checks as the tie-up adds real-time behavioural and device signals to spot fraud after onboarding.
KPMG Canada urges tech chiefs to sharpen data, AI and cloud execution as a survey of 150 executives flags gaps in scaling and returns.
Customers can now use one app for wages, bills and travel spending as Wise targets everyday banking in a market still dominated by high street lenders.
The report warns Canadian lenders that fraud, supply-chain concentration and market shocks are becoming the main AI threats in finance.
The keynote could shape debate on how lenders use AI safely, as banks face pressure to show returns while curbing fraud and credit risk.
New Zealand revenue nearly doubled as the fintech’s annual profit before tax climbed 57% to USD $2.3 billion on wider customer use.