Scams stories
Banks must shift to real-time, networked defences as organised scams now move money through customer-authorised payments in minutes.
Bank restrictions could be challenged by thousands of customers after a campaign accused lenders of blocking legal crypto transfers in the UK.
Better text delivery has helped the fintech avoid carrier throttling and support headaches as clients rely on SMS to complete financial checks.
Retailers and manufacturers could get near real-time planning help as SAS opens a private preview of a supply chain agent.
Travellers face fake payment requests tied to genuine hotel bookings, with exposed reservation data making the messages harder to spot.
Banks can now check payees before funds move, as rising instant payment fraud pushes pre-transaction verification up the agenda.
Households facing rising AI fraud risks are the target of a new family assistant as the firm shifts its consumer unit around digital safety.
Merchants face higher losses and uneven compliance burdens as a new report says fraud controls are failing to keep pace with social engineering.
Indian banks are bracing for higher losses as 84% of leaders report rising fraud and growing concern over AI-driven scams.
Fraud is moving across Canada's payments ecosystem, prompting calls for banks, telecoms and platforms to share data and coordinate defences.
Customers will spend less time hunting for bills and security settings as the bank rolls out a simpler mobile and online layout.
Uncertainty over planned capital gains tax changes could deter startup funding and prompt founders, investors and talent to leave Australia.
Rising scam losses in Singapore are pushing police tech investment, as the pair plan forensic and AI tools to speed investigations.
New Zealand firms face mounting identity fraud losses of NZD $2.2 million a year, as 90% fear AI-linked weaknesses in document checks.
Technology leaders say the country risks falling further behind as AI adoption, cyber threats and rising costs outpace progress.
The bank’s defences may move faster as the system is meant to spot new scam patterns and turn them into blocking rules more quickly.
Rising scam losses and tighter oversight are fuelling demand for SEON’s fraud tools, with Indonesia set to be a key growth market.
Public profile details are helping criminals guess passwords and impersonate contacts, with 55% of Australians reusing the same password.
The award lifts Areto’s profile as it expands software that has blocked more than 229,000 fraud attempts and illegal streams in a year.
Stronger safeguards and faster rollout could help Japan turn advanced connectivity into wider economic gains as scams and exclusion persist.
