Fraud & Security

Showing Latest Fraud & Security

When AI shops on your behalf, who owns the transaction?

24 Feb 26 @ 12:26

The next evolution of digital commerce may not be driven by consumers clicking ‘buy now’, but by AI acting on their behalf. According to dispute specialist Chargebacks911, that shift could... read more

PSR fines Bank of Ireland £3.7m for Confirmation of Payee breach

20 Feb 26 @ 19:10

The UK’s payments watchdog has imposed a £3.78m penalty on Bank of Ireland UK after the lender failed to meet the regulatory deadline for implementing Confirmation of Payee (CoP), a... read more

Open Banking continues to outperform on fraud

28 Jan 26 @ 21:23

Open Banking has long been promoted as a safer, more controlled alternative to legacy payment rails. New evidence from Open Banking Limited’s latest financial crime update reinforces that claim —... read more

Fraud has become the hidden cost of Europe’s e-commerce boom

22 Jan 26 @ 17:05

Europe’s retail economy is undergoing a structural shift. E-commerce has moved from being a complementary sales channel to the primary growth engine for many merchants. Online sales now dominating strategic... read more

A new front line in the global fight against payment fraud

16 Jan 26 @ 13:37

As global scam losses climb beyond $400bn annually, payment fraud is evolving faster than the controls designed to stop it. Against this backdrop, Scamnetic is repositioning its patented IDeveryone technology... read more

Agentic AI and Quantum Risk reshape the future of identity fraud

13 Jan 26 @ 14:04

AU10TIX has issued a stark warning to the global payments and digital identity ecosystem: fraud is no longer episodic, reactive or human-led. According to its Signals for 2026 special edition,... read more

A step closer to reality: An update on the UK’s National Payment Vision

10 Dec 25 @ 17:21

On 07 November 2025, the Payments Vision Delivery Committee (PVDC) published its “Strategy for Future Retail Payments Infrastructure.” As a quick refresher, the PVDC was set up in November 2024 to... read more

AI and machine learning in fraud detection: Staying ahead of threats

04 Dec 25 @ 14:07

Financial fraud has always been a moving target. From cheque fraud to phishing, criminals consistently adapt their methods to exploit weaknesses in the financial system. Yet in 2025, the contest... read more

EU strikes landmark deal to strengthen payment security via PSD2

01 Dec 25 @ 15:24

EU policymakers have struck a provisional agreement to overhaul the bloc’s payment services rulebook, marking one of the most significant regulatory updates since PSD2 came into force nearly a decade... read more

How e-skimming is stealing card data in plain sight

27 Nov 25 @ 17:47

A new wave of invisible cyberattacks is sweeping through online retail, exploiting the busiest shopping months of the year and striking consumers where they feel safest: on legitimate e-commerce sites.... read more

ID-Pal strengthens ID-Detect as AI fraud surges

24 Nov 25 @ 16:09

ID-Pal has unveiled a significant upgrade to its document-fraud detection technology, ID-Detect, as financial institutions confront a sharp rise in AI-generated manipulation and deepfake-based attacks. With regulators warning that synthetic... read more

Meta’s hidden goldmine: Scam advertising a $16 billion revenue stream

07 Nov 25 @ 15:02

Meta Platforms, the parent company of Facebook, Instagram and WhatsApp, is facing renewed scrutiny after internal documents revealed that as much as 10% of its 2024 revenue – around $16... read more

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Agentic commerce triggers new battle over checkout control

27 Jan 26 @ 17:55

The rapid advance of agentic commerce is forcing e-commerce platforms to confront an uncomfortable question: who controls the checkout when machines, not humans... more

Pay by Bank – The future of Europe’s payment sovereignty

28 Jan 26 @ 22:23

Europe’s strategic autonomy debate has expanded far beyond defence and energy. [caption id="attachment_57038" align="alignright" width="400"] Pay by Bank... more

How shopping chatbots could reshape the future of retail payments

29 Jan 26 @ 21:31

Artificial intelligence is moving rapidly from novelty to infrastructure in retail, and nowhere was that more apparent than at Retail’s Big Show in New York. ... more