Fraud prevention stories

Appdome’s latest survey reveals a surge in consumer demand for robust mobile app security, urging brands to prioritise protection against evolving threats.

FinTech firm PAYSTRAX partners with UK’s Cardstream to enhance cross-border payment solutions, leveraging Cardstream's global gateway for seamless online transactions.

As eCommerce expands towards an estimated market value of USD $9.3 trillion by 2027, combining network tokenisation and Click to Pay can help merchants enhance security and convenience, reducing cart abandonment and boosting customer loyalty.

JT joins forces with GSMA as an Open Gateway Channel Partner, aiming to enhance global fraud and identity solutions in the telecoms industry through innovative APIs.

Survey reveals a dramatic rise in consumer demand for mobile app security, fraud prevention, and privacy measures, with 99.5% of users seeking robust protections.

Business leaders must balance generative AI's vast benefits with short-term deployment challenges to navigate its transformative yet complex potential.

Bank fraud is projected to reach USD $48 billion globally by 2029, a 153% surge, driven by evolving AI tactics, says Juniper Research.

Accor partners with Stripe to streamline payments across 5,600 global establishments, enhancing customer experience as Australia's tourism sector rebounds.

Bitdefender launches Ultimate Small Business Security, a comprehensive, user-friendly solution for small businesses and entrepreneurs with up to 25 employees.

HID integrates its U.ARE.U Camera Identification System with Amazon Rekognition, enhancing facial analysis and verification for self-service and POS environments.

Appdome launches SDKProtect to bolster mobile SDK security, aiming to curb fraud and enhance compliance in the mobile app sector through threat-aware SDK versions.

A new report by Signicat and Consult Hyperion reveals the growing threat of AI-driven identity fraud across Europe, urging financial institutions to boost their defences.

Trustly’s 2023 annual report reveals a 79% surge in transactions, totaling US$58 billion, and a 51% rise in operating profit, driven by its expanded presence and strategic acquisitions in Europe.

The MediSecure cyberattack, involving stolen data posted on a Russian hacking forum, has highlighted critical vulnerabilities in Australia's healthcare sector amid a rising wave of cyber threats.

Millennials and men, particularly those aged 35-44, are most frequently targeted by financial fraud, reveals an Arbuthnot Latham survey.

As AI-enhanced scams become more sophisticated, Australians lost AUD $2.74 billion to scams in 2023. Experts advocate integrating identity management with fraud prevention to bolster security.

PPRO brings on board Bronwyn Boyle as the new Chief Information Security Officer. With over 20 years of experience, she will lead PPRO's security strategy, bolstering safety across all corners of the global local payments platform.

Cyber scammers exploit Evri, Amazon, and PayPal brands with phishing schemes, reveals a new study by tech retailer, Currys, indicating a rising threat of such scams.

SMS revolution's downside: Europe tackles fraud epidemic through stringent data laws and sender verification in fight to preserve trust.

ServiceSeeking teams with ConnectID to boost online protection for SMEs via reliable identity verification, curbing fraud risks and fostering a trusted ecosystem.