Fraud & Security

Showing Latest Fraud & Security

J.P. Morgan launch Account Confidence Score

20 May 25 @ 15:48

As corporate payment ecosystems grow more digitised and complex, the spectre of fraud looms larger than ever. In response, J.P. Morgan Payments has unveiled its latest innovation: the Account Confidence... read more

G+D launches next-gen payment card with dynamic CVV

07 May 25 @ 18:06

Giesecke+Devrient (G+D) has unveiled a new payment card that could transform the fight against card-not-present (CNP) fraud using a dynamic CVV. The Convego SecureCode card integrates a dynamic CVV directly... read more

Brazil’s e-commerce fraud surge sparks call for AI-payments overhaul

07 May 25 @ 09:14

Brazil’s e-commerce sector, long celebrated for fuelling economic momentum in Latin America, is now facing a formidable challenge: a surge in online payment fraud and disputes. Industry leaders RS2 and ACI... read more

39 million scam accounts suspended by Google AI

23 Apr 25 @ 17:07

In a sweeping effort to tackle online advertising fraud, Google has suspended more than 39 million scam advertiser accounts in the US alone over the past year — tripling the... read more

Identity threat landscape: Passkeys to replace passwords by 2027

04 Apr 25 @ 11:48

A landmark shift in digital identity security is underway, with phishing-resistant passkeys set to surpass passwords and traditional multi-factor authentication (MFA) by 2027. That’s the key finding from HYPR’s newly... read more

Meta platforms under fire as Revolut sounds fraud alarm

01 Apr 25 @ 16:11

A new global fraud report from  Revolut has cast a stark spotlight on the persistent role of social media platforms – particularly those owned by Meta – as enablers of... read more

Visa launches global scam disruption practice to combat fraud

21 Mar 25 @ 09:00

Visa has unveiled its scam disruption practice focused on identifying and stopping complex scams as they emerge. The new department, which sits under Visa Payment Ecosystem Risk and Control (PERC),... read more

AI vs AI: The battle between fraudsters and fraud fighters in e-commerce

17 Mar 25 @ 18:16

The rapid evolution of artificial intelligence (AI) has created a double-edged sword for e-commerce businesses. While AI-driven fraud prevention technologies continue to advance, fraudsters are also leveraging AI to launch... read more

FTC report: Consumer losses to fraud soar to $12.5 billion in US

11 Mar 25 @ 12:04

In a stark reminder of the growing sophistication of financial scams, newly released data from the Federal Trade Commission (FTC) reveal that consumers reported losses totalling $12.5 billion to fraud... read more

Eurosystem rolls out Verification of Payee service across SEPA

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

Crime-as-a-Service networks drive surge in ID verification attacks

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

CFPB abandons litigation in Zelle fraud controversy

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

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ECB brings Central Bank money to tokenised market

23 Sep 26 @ 14:34

The European Central Bank has taken a significant step towards integrating distributed ledger technology with Europe’s core financial infrastructure, launchin... more

European E-commerce Hits €911bn as Payments Reshape Online Retail

21 Sep 26 @ 19:41

European e-commerce has broken through the €900bn barrier, underlining the growing importance of digital retail to the continent's economy while intensifying ... more

Inside A7: How Russia built a parallel cross-border payments network

24 Sep 26 @ 16:29

Russia’s attempts to circumvent Western financial sanctions have developed into a sophisticated parallel payments architecture combining traditional banking, ... more