Fraud prevention stories - Page 2
Retail fraud awareness rises with social media, risks USD $107bn
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ai
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ecommerce
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youtube
Awareness of retail fraud surges via social media, with risks looming at USD $107bn by 2029 as consumers grow tempted and acceptance rises.
DenizBank taps Red Hat OpenShift AI to speed up model rollout
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hybrid cloud
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open source
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genai
DenizBank has adopted Red Hat OpenShift AI, accelerating AI model deployment and cutting development time from days to just 10 minutes in its financial services.
Temu joins global council to step up fight against online fakes
Last month
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payment technologies
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personal computing devices
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apple
Temu has joined the International Anti-Counterfeiting Coalition's Marketplace Advisory Council to strengthen efforts against online counterfeit goods.
McAfee rolls out AI scam detector for Australians amid surge
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phishing
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email security
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casb
McAfee launches AI Scam Detector for Australians amid surge, targeting texts, emails and videos with 99% detection accuracy to curb rising online scams.
Ecommpay shortlisted for three categories at PayTech Awards 2025
Last month
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fintech
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payment technologies
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mastercard
Ecommpay has been shortlisted for three awards at the PayTech Awards 2025, recognising innovation in payments, anti-fraud, and diversity leadership.
First-party fraud now top global threat, outpacing scams
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phishing
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physical security
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email security
First-party fraud now tops global cyberattacks, rising to 36% of cases in 2024, according to LexisNexis Risk Solutions’ Cybercrime Report.
AI & sustainability driving India's technology transformation
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saas
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firewalls
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ransomware
India is harnessing AI and sustainability to transform technology, driving economic growth and enhancing cybersecurity on National Technology Day 2025.
EU urges social media ad checks to tackle €4.3bn scam crisis
Last month
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social media
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fraud
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regulation
EU member states urge social media firms to verify advertisers to curb a EUR €4.3bn investment scam crisis sweeping across Europe.
BioCatch appoints Andreas Dombret to aid global expansion
Last month
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hyperscale
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fintech
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data privacy
BioCatch appoints Andreas Dombret as senior advisor to boost global growth and fight financial crime with innovative technology.
LexisNexis to highlight data enrichment at BIBA 2025 event
Last month
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data analytics
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cx
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martech
LexisNexis Risk Solutions will spotlight property, motor, and identity data enrichment at BIBA Conference 2025 to boost brokers' efficiency and customer experience.
Entercard adopts FICO to boost fraud detection in Nordics
Last month
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data analytics
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digital transformation
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cx
Entercard adopts FICO's AI-powered platform to enhance fraud detection and prevention across the Nordic region, improving security and customer experience.
Outpost24 expands platform for data & social threat defense
Last month
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cybersecurity
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threat intelligence
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dark web
Outpost24 enhances its External Attack Surface Management platform with Social Media and Data Leakage modules to boost threat detection across digital channels.
FICO launches Marketplace to link firms with AI data partners
Last month
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data analytics
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fintech
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physical security
FICO has launched FICO Marketplace, a platform connecting businesses with data and analytics providers to boost AI-driven decision-making and operations.
How ‘Cloud Adjudication’ benefits retailers in Southeast Asia
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cx
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martech
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commerce systems
Cloud-based adjudication boosts Southeast Asian retailers with fast, personalised offers, enhancing loyalty programmes and customer satisfaction across channels.
Primer expands in APAC with Singapore launch, new tools
Last month
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fintech
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investment
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tencent
Primer has incorporated in Singapore, boosting its Asia-Pacific presence with a 239% rise in payment volume and new initiatives for startups.
UK retailers face £1 million daily losses after cyberattacks
Last month
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data protection
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advanced persistent threat protection
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physical security
Recent cyberattacks on UK retailers like M&S and Harrods threaten sales and trust, costing M&S up to GBP £1 million daily amid growing ecommerce risks.
From no to go: ASB U-turns on POLi
Last month
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fintech
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api
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open banking
ASB partners with payment platform POLi to enable secure open banking payments, offering customers safer choices without using internet banking logins.
Ageas deploys LexID to unify customer records and service
Last month
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data analytics
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cx
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martech
Ageas adopts LexID for Insurance from LexisNexis to unify data for over 4 million policyholders, aiming to improve underwriting and personalise services.
Roc launches platform to cut waste & speed payments in construction
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supply chain
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it services
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public sector
Roc Technologies launches Digital Cost Assurance under Coria to cut waste, prevent fraud, and speed payments in UK construction, saving millions for public projects.
Survey finds trust, safety & security key for CX in 2025
Last month
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digital transformation
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cx
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martech
A global survey reveals enterprises plan to boost investment in trust, safety and security for customer experience amid rising compliance and fraud challenges.