Fraud prevention stories - Page 4

Banks are set to embed AI deep into payment systems by 2026, slashing costs as fraud surges and pressure mounts on platforms and regulators.

Gen and Intel debut an on-device deepfake detector at CES, targeting AI-driven scam videos by analysing audio and visuals in real time.

Accurate address data is emerging as a critical, often overlooked weapon in the fight for reliable digital identity verification and fraud control.

1Kosmos and Reality Defender have teamed up to embed real-time deepfake detection into remote identity checks amid a surge in AI fraud.

Incode launches Deepsight AI, a three-layer defence to spot and block deepfakes in real time for banks, tech platforms and governments.

Group-IB launches a GDPR-compliant platform for banks to share real-time fraud risk signals, tackling rising losses such as GBP £600 million in the UK.

Neighbourly has been taken offline while Stuff and external experts probe claims of a data breach affecting the community website’s users.

AI-driven fraud, deepfakes and synthetic IDs are redefining 2026 risk, forcing firms to ditch reactive tools for layered, intelligent defence.

Craigslist founder Craig Newmark is funding Global Signal Exchange to expand its shared threat data network against rising online fraud.

EU banks face a 2026 crunch as new AML rules spark a shake-up in KYC vendors, testing compliance strategies amid rising fraud risks.

AI will move from hype to hard choices in finance in 2026, as firms juggle automation gains with surging cyber threats and cost pressures.

Daon predicts 2026 digital identity will be reshaped by state-backed ID wallets, deepfake defence, AI ‘agents’ and continuous workforce checks.

Australians are reshaping Boxing Day, prioritising essentials, thrift and online safety over impulse spending amid cost-of-living strain.

North Korean hackers stole USD $300M via fake Zoom calls; robust identity checks could have broken the scam’s chain of trust.

As cross-border payments soar towards USD $1 quadrillion, businesses race to tackle identity fraud with AI, biometrics and smarter data.

Kyckr retains top spot as Chartis names it KYC data category leader for 2025, highlighting its strengths in real-time global registry data.

Digital wallets and decentralised IDs are set to surge by 2026 as AI-driven threats push firms to monitor human and machine identities nonstop.

1Kosmos has joined the Saviynt Exchange, embedding biometric identity proofing and passwordless login into Saviynt’s cloud security platform.

Visa teams with Akamai on new protocol to verify AI shopping agents, tackling a 300% surge in bot traffic and rising eCommerce fraud risks.

UK motorists cling to older, cheaper cars and shop around less for cover as easing premiums and cost pressures dampen insurer switching.