Fraud & Security

13 Feb 24 @ 16:40

Newly released Federal Trade Commission data show that US fraud losses were more than $10 billion in 2023 – a 14% increase over reported losses in 2022 – marking the first... read more

09 Feb 24 @ 13:46

Recently we discussed in a webinar with Visa the growing issue of APP fraud across Europe and the mandatory reimbursement of consumers that is soon to be implemented by regulators... read more

05 Feb 24 @ 17:49

Last week represented what could be a turning point in peoples trust in ID verification tools across the internet. A finance worker at a multinational firm was tricked into paying... read more

02 Feb 24 @ 17:55

APP fraud (Authorized Push Payment ) losses are on the rise and expected to climb to $6.8 billion — a combined compound annual growth rate (CAGR) of 11% — by... read more

02 Feb 24 @ 17:33

Mastercard has introduced a new AI tool to combat fraud. Decision Intelligence Pro is “an advanced iteration of its renowned Decision Intelligence (DI) real-time decisioning solution” a Gen AI consumer... read more

19 Jan 24 @ 12:32

Entrust has announced the general availability of its Post-Quantum Ready PKI-as-a-Service (PKIaaS PQ) platform. With this launch, the company’s cloud-based PKI as a Service offering can now provide both composite... read more

16 Jan 24 @ 18:10

A new report has found that casinos, junkets, and cryptocurrency have emerged as a critical piece of the underground banking and money laundering infrastructure, fuelling transnational organized crime. Tether has also... read more

08 Jan 24 @ 16:35

As we move seamlessly into 2024 it is an unfortunate fact that fraud across the payments industry will continue to grow as the industry continues to innovate and mature, but... read more

14 Dec 23 @ 11:14

In a new white paper, Halyna Hermanns and Dr. Stephan Lemkens from INFORM GmbH outline developments in AI that deliver for both Fraud and AML. Here, they explain why banks... read more

06 Dec 23 @ 11:18

APP fraud (Authorized Push Payment ) losses are on the rise and expected to climb to $6.8 billion — a combined compound annual growth rate (CAGR) of 11% — by... read more

05 Dec 23 @ 17:37

While there were a total of 3,897 cases of online banking fraud in Denmark in the whole of 2022, that figure has grown to 5,212 cases in H1 2023 alone,... read more

04 Dec 23 @ 17:17

Over a third of all internet shoppers (40%) committed e-commerce fraud within the last 12 months. This is one of the shocking central findings of new research commissioned by fraud... read more