Fraud prevention stories - Page 27

New Zealand's banking sector is set to launch a Confirmation of Payee feature to combat payment scams and errors starting November 2024.

Bitdefender has launched 'Scam Copilot', an AI platform designed to combat online scams, amid concerns over AUD $2.7 billion lost to fraud in Australia.

BlackFog has been honoured with the title of ‘AI-based Cybersecurity Innovation of the Year’ at the 2024 CyberSecurity Breakthrough Awards for its ADX technology.

New research reveals UK retailers are tightening return policies, driven by annual losses of $2.6 billion from fraud and policy abuse.

British neo-bank ANNA has launched biometric re-authentication to enhance security, requiring selfies to prevent unauthorised access to business accounts.

As Cybersecurity Awareness Month unfolds, experts urge businesses to adopt comprehensive strategies to combat evolving threats and enhance their security measures.

Research by Mastercard reveals deepfake scams have targeted 36% of Australians, resulting in millions in losses, with many unaware they're victims.

A survey by Appdome and OWASP shows 80.7% of Singaporeans expect proactive anti-fraud measures in mobile apps, highlighting rising security demands.

Easy Crypto becomes the first exchange to disclose fraud refunds totalling $2.7M, stressing security as about 50% of Aussies & Kiwis show crypto interest.

In an exclusive interview, Gabrielle Bugat, CEO of Giesecke+Devrient ePayments, discusses the dynamic future of payments, prioritising security, sustainability, and inclusivity.

Vonage and SAP partner to integrate Vonage’s APIs with SAP Business AI, enhancing enterprise intelligence with generative AI, business insights, and digital experiences.

Australian consumers' payment preferences are evolving, with security and variety boosting revenue potential, says Worldpay's new report.

ParallelChain Lab will showcase its cutting-edge voice anti-spoofing AI at the Interspeech 2024 Conference, revolutionary for voice-based security and identity verification.

Adatree launches 'Insights' product suite to boost fraud prevention and operational efficiency, leveraging Open Banking.

As Australia's superannuation assets reach $3.3 trillion, cybercriminals increasingly target these lucrative funds. Transmit Security and Wrkr partner to defend super funds.

Visa Cross-Border Solutions, in partnership with Currencycloud, is revolutionising B2B payments in Australia by enhancing multi-currency transactions.

Progress launches MarkLogic FastTrack toolkit, boosting efficiency in developing data-driven apps with enhanced visual exploration of complex data.

A new Transmit Security report reveals generative AI is fuelling a surge in dark web fraud, with accessible tools like FraudGPT boosting online scam capabilities.

Progress has launched MarkLogic FastTrack, a UI toolkit that claims to speed up data-driven app development by 90%, aiding firms in rapid data analysis and visualisation.

A new report reveals 81% of APAC businesses view cross-sector collaboration as crucial against fraud, but competitive desires impede wider participation.