Fraud & Security

Showing Latest Fraud & Security

AI-driven ID Fraud: The battle against financial crime

08 Oct 24 @ 16:48

As artificial intelligence (AI) continues to impact industries, the financial services sector faces a growing threat from AI-driven ID fraud. A recent report, “The Battle Against AI-Driven Identity Fraud“, highlights... read more

E-commerce fraud to hit $107 billion by 2029

07 Oct 24 @ 15:51

The global e-commerce market is projected to grow significantly over the next few years, with a market value expected to reach an impressive $11.4 trillion by 2029 but e-commerce fraud... read more

The Czech payments landscape – A detailed analysis

04 Oct 24 @ 11:49

As Czechia strides towards 2025, its payments landscape is marked by significant shifts and advancements. The convergence of traditional banking systems with innovative digital solutions is driving a new era... read more

Meta expands FIRE fraud partnership – critics say more needed

03 Oct 24 @ 16:07

Meta has announced the expansion of its Fraud Intelligence Reciprocal Exchange (FIRE), a collaborative information-sharing initiative designed to combat fraud. Through this program, banks can share intelligence directly with Meta,... read more

Fraud is out of control: Payments industry needs to collaborate

03 Oct 24 @ 08:59

I can remember, some years ago, watching a YouTube video that a guy had recorded while he was playing World of Warcraft, the massively multiplayer online role playing (MMORG). As... read more

Report: A deep dive into payment fraud in the EU

30 Sep 24 @ 13:49

The European Banking Authority (EBA) and the European Central Bank (ECB) have jointly published the 2024 Report on Payment Fraud, providing a critical analysis of data from the European Economic... read more

Visa bolsters financial crime ability with Featurespace acquisition

27 Sep 24 @ 09:10

Visa has announced it has signed a definitive agreement to acquire Featurespace, a developer of real-time artificial intelligence (AI) payments protection technology that prevents and mitigates payments fraud and financial... read more

Using AI-enabled analytics to thwart AI-enabled fraudsters

26 Sep 24 @ 09:00

A new white paper from Visa, Using AI to Secure the Future of Payments, highlights the changing characteristics of the fraud landscape, and what payment businesses need to do to... read more

Ericsson and INFORM to strengthen financial services security

26 Sep 24 @ 08:47

Ericsson and INFORM, a provider of Anti-Money Laundering (AML) and Fraud Management Solutions (FMS), are collaborating to explore ways of enhancing financial services security. By combining Ericsson expertise with INFORM’s... read more

E-commerce fraudulent returns and refunds growing exponentially

18 Sep 24 @ 16:30

Growing numbers of shoppers are casually and blatantly taking advantage of returns and refund policies, costing brands millions every year in lost revenue. Cheats and tips spread via social media... read more

Why Payment Account Tokenization (PAT) is vital for an instant future

13 Sep 24 @ 10:09

A new report from Token ID, A Visa Solution, outlines in detail why Payment Account Tokenization (PAT) is essential to the future of payments. As the global economy digitises, the new report... read more

When it comes to fraud defence, “one-size-fits-all” won’t work

09 Sep 24 @ 12:11

A new white paper from Nexi explains how Europe’s banks and fintechs can better manage rising fraud risk in the digital economy. In our last blog, we covered the current, or... 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