Fraud & Security

Showing Latest Fraud & Security

Banks confront real-time fraud arms race fuelled by Gen AI

10 Oct 25 @ 13:04

Generative artificial intelligence has changed the pace and scale of financial fraud. What was once a slow, reactive contest between banks and cybercriminals has become a real-time arms race —... read more

UK retail faces a new fraud frontier in 2025

06 Oct 25 @ 15:49

The British e-commerce sector enters 2025 on uncertain footing. Despite steady growth and signs of consumer resilience, retailers now face a sophisticated new wave of fraud — one that extends... read more

US banks report surge in money laundering accounts

10 Sep 25 @ 16:29

Financial institutions in the US are grappling with an alarming escalation in money laundering and scams, according to new research from BioCatch. The behavioural biometrics firm reports that confirmed money... read more

Scams now account for over a quarter of US banks’ fraud losses

08 Sep 25 @ 17:17

The battle against financial crime in the US is shifting rapidly as scams emerge as the single most damaging category of fraud for banks. New research suggests scams accounted for... read more

Why South-East Asia has become the world’s fraud capital

05 Sep 25 @ 10:40

At an international anti-fraud convention in Singapore this week, even seasoned professionals discovered how easily they could be duped. Attendees were invited to scan a QR code to “skip the... read more

Fear of fraud costs UK SMEs billions in lost sales

02 Sep 25 @ 16:51

A reliance on outdated payment methods is costing small businesses across Britain dearly as consumers develop a fear of fraud. New analysis from Tink and the Centre for Economics and... read more

UK money mule surge highlights fraud as national security threat

20 Aug 25 @ 14:05

The UK’s financial watchdog has sounded the alarm over a sharp rise in so-called money mule activity, underscoring the scale of financial crime now coursing through the payments system. More... read more

Global financial fraud losses set to top $58 billion by 2030

19 Aug 25 @ 12:11

Financial institutions are bracing for a dramatic escalation in fraud, with global losses projected to soar 153% over the next five years. According to new forecasts from Juniper Research, banks... read more

“Grey Nickel” threat targeting banking, crypto, and payment platforms

16 Jun 25 @ 16:19

A growing wave of AI-enabled cybercrime is exposing critical weaknesses in the remote identity verification systems used by financial institutions worldwide, according to new intelligence from biometrics specialist iProov. The... read more

Fraud moves fast – Can Agentic AI keep pace?

12 Jun 25 @ 13:21

The fraud landscape is evolving at breakneck speed, fuelled by ever more sophisticated techniques and a growing reliance on digital channels. In response, the financial sector is undergoing a quiet... read more

Rethinking fraud: It’s time to share the burden

11 Jun 25 @ 12:55

As the epidemic of online fraud escalates, it is increasingly clear that the financial services sector alone cannot – and should not – be expected to shoulder the entire burden... read more

Deepfake fears undermine consumer trust in digital commerce

30 May 25 @ 09:54

A new report from Checkout.com, in collaboration with YouGov, paints a complex picture of public attitudes towards AI in e-commerce. While AI promises to enhance convenience and product discovery, mounting... read more

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Visa turns the card into an identity credential

12 May 26 @ 15:44

Visa has launched a new tap-based authentication technology that could reshape how banks verify customers in mobile banking environments. [caption id="atta... more

Emerging markets accelerate the shift to cashless payments

30 Apr 26 @ 18:03

Cashless payments are becoming an increasingly important marker of financial modernisation across emerging market and developing economies, with new data from t... more

Santander backs Ebury’s next phase with fresh funding

05 May 26 @ 16:52

Banco Santander has reinforced its commitment to Ebury after taking part in a funding round of about £550mn for the cross-border payments and trade finance fin... more