Australian Stories

How AI keeps an eye on rising cases of retail returns fraud

As online shopping rises in Australia, retailers face escalating losses from returns fraud, prompting them to turn to AI for fraud detection solutions.

By Paul Gardner • 4 min read • Tue, 4th Feb 2025

Global Stories

Data Protection

NTT DATA report reveals rise in AI adoption in banking

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.

By Shannon Williams • 3 min read • Wed, 5th Mar 2025

Unified Communications

Omri Kletter joins Outpost24 as chief product officer

Outpost24 has appointed Omri Kletter as Chief Product Officer, aiming to enhance its cyber risk management solutions and support growth heading into 2025.

By Moritz Florian • 3 min read • Fri, 28th Feb 2025

Physical Security

Emerging multimedia Bitcoin scams use deceptive MMS videos

A study by Proofpoint reveals a rise in Bitcoin scams utilising video attachments in multimedia messages, evolving from static images to deceive victims.

By Melania Watson • 3 min read • Tue, 25th Feb 2025

Phishing

Email security gaps leave Asia Pacific firms vulnerable

Research by Proofpoint reveals only 12% of Asia Pacific firms use essential email authentication, exposing them to a surge in phishing attacks.

By Sean Mitchell • 3 min read • Fri, 21st Feb 2025

Risk & Compliance

LexisNexis completes acquisition of IDVerse for AI solutions

LexisNexis Risk Solutions has acquired IDVerse, enhancing its AI-powered risk and fraud solutions to bolster identity verification and onboarding processes.

By Shannon Williams • 2 min read • Fri, 21st Feb 2025

Unified Communications

Sinch partners with Aduna to enhance global network APIs

Sinch has joined forces with Aduna to enhance global access to mobile network capabilities, driving innovation in digital communications and security.

By Melania Watson • 3 min read • Thu, 13th Feb 2025

Digital Transformation

Yavrio raises USD $2.4m to streamline ERP systems

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.

By Melania Watson • 3 min read • Sat, 1st Feb 2025

Physical Security

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

Stories from Other Regions

Data Analytics

Databricks gains FedRAMP High authorisation on AWS GovCloud

Databricks has secured FedRAMP High authorisation for its Data Intelligence Platform on AWS GovCloud, enhancing data management capabilities for US federal agencies.

By Kaleah Salmon • 3 min read • Thu, 6th Mar 2025

Fintech

NatWest selects five fintechs for growth programme support

NatWest has selected five UK fintech startups for its new Fintech Growth Programme, offering support and mentorship to advance their innovative payment solutions.

By Shannon Williams • 3 min read • Wed, 19th Feb 2025

Internet of Things

Targa Telematics & Volkswagen forge strategic partnership

Targa Telematics has formed a strategic partnership with Volkswagen Group Info Services AG to enhance data solutions for fleet operators across Europe.

By Shannon Williams • 2 min read • Fri, 7th Feb 2025

Crypto

United Kingdom loses record GBP £306m to crypto scams in 2023

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.

By Shannon Williams • 3 min read • Thu, 6th Feb 2025

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