Fraud prevention stories - Page 21

Visa's plan to use AI agents for automatic payments sparks debate over security risks and whether consumers will trust machines handling their money.

AU10TIX launches AnyDoc Authentication, an AI-powered tool detecting fraud in non-ID documents with 99.99% accuracy, aiding sectors from finance to healthcare.

SEON launches AI-powered real-time AML suite, unifying fraud and compliance tools to enhance risk detection and streamline regulatory reporting.

Orchestrating Identity names David Rennie as Chief Trust Officer to lead digital trust and compliance for businesses amid rising regulatory demands in the UK.

UK and European finance teams boost automation adoption, with 81% increasing use to combat fraud and ease regulatory burdens, says survey.

Ecommpay has launched a guide offering merchants practical strategies to navigate global eCommerce growth and tackle challenges in international payments.

VinciWorks has launched Conversational Learning, an AI-driven compliance training tool using voice and text interactions to boost engagement and retention.

Orchestrating Identity secured dual Kantara certification in the UK, becoming one of six firms certified for both identity and orchestration services under the new trust framework.

Identity fraud in the UK real estate sector is rising sharply, prompting 65% of professionals to adopt digital tools for detection and prevention.

Eighty-one per cent of European finance teams have increased automation to tackle regulatory pressures, boosting compliance and enabling strategic business roles.

NEXT partners with Infobip to boost shopper security, blocking 175,000 fake messages monthly and enhancing customer engagement with advanced RCS messaging.

Akamai has launched DNS Posture Management, offering centralised control over DNS assets across multicloud platforms to enhance security and compliance.

Significant rise in identity fraud targeting European firms, with 59% reporting more attacks despite 74% feeling confident in their defences, Signicat finds.

Skyfire partners with Cequence Security to enable secure, compliant digital access for autonomous AI agents in the emerging AI economy.

Adidas has suffered a data breach via a third-party provider, exposing customer information and highlighting rising cyber risks in retail supply chains.

Awareness of retail fraud surges via social media, with risks looming at USD $107bn by 2029 as consumers grow tempted and acceptance rises.

Cybersecurity firm Infoblox warns of Hazy Hawk, a threat actor hijacking DNS records from abandoned cloud resources to spread scams and malware worldwide.

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 has joined the International Anti-Counterfeiting Coalition's Marketplace Advisory Council to strengthen efforts against online counterfeit goods.

Ecommpay has been shortlisted for three awards at the PayTech Awards 2025, recognising innovation in payments, anti-fraud, and diversity leadership.