Fraud & Security

11 Mar 25 @ 10:45

The Eurosystem has finalised its exploratory work on introducing a Verification of Payee (VoP) service, a significant step in enhancing security across the Single Euro Payments Area (SEPA). This initiative,... read more

07 Mar 25 @ 13:39

The accelerating convergence of advanced synthetic media tools, widespread crime-as-a-service (CaaS) platforms, and increasingly sophisticated fraud tactics has pushed ID verification systems to a breaking point. This stark reality forms... read more

05 Mar 25 @ 14:07

The Consumer Financial Protection Bureau (CFPB) has formally withdrawn its lawsuit against JPMorgan Chase, Bank of America, Wells Fargo and Early Warning Services (EWS), the entity responsible for operating the... read more

21 Feb 25 @ 11:38

The financial sector is facing an unprecedented surge in AI-driven fraud, with deepfake-related attacks increasing by a staggering 2,137% over the past three years. This alarming statistic, highlighted in a... read more

17 Feb 25 @ 17:12

Economic crime is a growing global challenge, costing businesses and governments billions each year. Despite efforts to combat fraud, money laundering and financial misconduct, criminals continue to exploit regulatory gaps... read more

14 Feb 25 @ 12:04

As we all know, the payments landscape is undergoing a profound transformation as new technologies, regulatory shifts and evolving consumer preferences redefine how transactions occur. That does not mean that... read more

10 Feb 25 @ 17:32

Risk analysts with G2 Risk Solutions (G2RS), who monitor billions of e-commerce webpages globally, have spotted several potentially damaging trends that may impact the payments ecosystem, including banks, payment providers and... read more

10 Feb 25 @ 13:00

Shopping online is quick and convenient. You can buy textbooks, clothes and services with just a few clicks. But with every online transaction, you share your payment details, which can... read more

04 Feb 25 @ 17:36

Worldpay has announced its acquisition of Ravelin, an AI-native fraud prevention platform based in London. This strategic move will expand Worldpay’s portfolio of value-added services, equipping merchants with advanced fraud... read more

03 Feb 25 @ 16:29

Fraud in the financial sector has reached unprecedented levels, with 2024 marking another year of rising fraud attacks across banks, credit unions and fintechs. According to Alloy’s latest State of... read more

30 Jan 25 @ 17:20

Fraudsters are evolving faster than ever, leveraging cutting-edge technologies like Generative AI (GenAI) to develop increasingly sophisticated schemes. Experian’s 2025 Future of Fraud Forecast reveals five emerging fraud threats that... read more

09 Jan 25 @ 17:58

In an unusual about-turn, the UK’s Payment Systems Regulator (PSR) issued a statement confirming the implementation date for the APP fraud (Authorised Push Payments) protections to come into effect, and... read more