IT Brief Asia - Technology news for CIOs & IT decision-makers

Fraud prevention stories - Page 21

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Financial institutions increasingly deploy AI in fight against fraud

Tue, 2nd Apr 2024
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risk & compliance
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api
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ai
Amid growing fraud concerns, a study reveals 70% of financial institutions are turning to AI and machine learning to bolster defenses, marking a notable shift towards tech innovation.
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FICO survey reveals identity theft & fraud fears among Indonesians

Mon, 1st Apr 2024
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fintech
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physical security
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financial systems
FICO's study reveals prolonged fears of identity theft among Indonesians, as 36% remain anxious, heightening vulnerabilities to financial loss and credit damage amid growing risks from real-time payments.
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Traceable AI reports 300% revenue boost & strengthens leadership team

Tue, 12th Mar 2024
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globe telecom
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global expansion
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expansion
Traceable AI, a key player in API security, celebrates its year with revenue upwards of 300%. In addition, the firm bolstered its executive team and initiated new products and partnerships.
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Singtel's SingVerify to tackle scams, boost digital security

Tue, 12th Mar 2024
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malware
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phishing
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email security
Singtel introduces SingVerify, a novel digital security toolkit aimed at combating scams by verifying customer identities in real-time.
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SEON report warns of complex fraud challenges ahead in 2024

Mon, 11th Mar 2024
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phishing
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physical security
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email security
SEON's 'Fraud Trends 2024' report warns of growing fraud challenges for businesses, citing AI advancements, Fraud-as-a-Service, and economic pressures as key factors.
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Denodo has been name a Leader in enterprise data fabric

Tue, 5th Mar 2024
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data analytics
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cx
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data science
Data management leader Denodo earns high recognition from Forrester Research for next-gen enterprise data fabric support.
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Basware unveils global expansion plans after bookings surge by 52%

Thu, 22nd Feb 2024
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cx
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martech
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risk & compliance
Following a 52% surge in bookings, global AP automation leader Basware reveals expansive growth strategy, with a firm focus on AI innovation, customer growth, and fraud prevention.
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Fraud experts predict tripled use of AI tools by 2024

Fri, 16th Feb 2024
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robots
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biometrics
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risk & compliance
Amid growing cybercrime threats, a report indicates that 83% of anti-fraud professionals plan to integrate generative AI into their tools by 2024, tripling its current use.
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HID & Olea Kiosks merge for advanced facial recognition solutions

Thu, 25th Jan 2024
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firewalls
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network security
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biometrics
HID teams up with Olea Kiosks to offer a revolutionary user experience by integrating facial recognition technology in access control and authentication across various industries.
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SEON appoints ex-Uber executive Björn Heckel as new CTO

Wed, 24th Jan 2024
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data analytics
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martech
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cdp
Fraud prevention platform, SEON, recruits Björn Heckel, seasoned tech executive from Uber and Salesforce, as CTO to reinforce its commitment to fighting fraud and boosting enterprise solutions.
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LRN's anti-fraud courses receive accreditation in Singapore

Fri, 19th Jan 2024
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cybersecurity
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aml
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financial crime
Singapore battles rising online scams as LRN Corporation delivers accredited courses to enhance ethical practices in the financial sector, in line with the Monetary Authority regulations.
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Black Friday & Cyber Monday see rise in 'false positives', warns SEON

Tue, 28th Nov 2023
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sales
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black friday
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holiday season
Black Friday and Cyber Monday sales lead to rise in 'false positives', warns SEON, complicating transactions for merchants.
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SEON announces launch of full suite on Amazon Web Services

Mon, 9th Oct 2023
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hyperscale
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public cloud
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it automation
The online fraud prevention expert SEON has launched its full suite of fraud prevention solutions to customers on the Amazon Web Services Marketplace.
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Video: 10 Minute IT Jams - An update from Eagle Eye

Mon, 25th Sep 2023
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saas
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cx
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martech
Eagle Eye's Miles Toolin discusses the company's AI-driven loyalty and promotions platform and its plans for the APAC market. #TechDay #marketing.
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Using big data to combat fraud in the telco network

Wed, 5th Jul 2023
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uc
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firewalls
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hybrid cloud
A telco's core business is focused on consumers. However, there is also a growing urgency to cut down on fraudulent operations within the network operations.
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Property-tech company enhances onboarding with iDenfy

Wed, 31st May 2023
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physical security
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property
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idenfy
iDenfy, an identity verification and fraud prevention platform, announces a new partnership with June, a property-tech company.
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SEON hires new CRO to combat financial crime

Thu, 27th Apr 2023
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saas
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bnpl
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e-commerce
Global financial crime prevention experts, SEON, hired Matt DeLauro as its new CRO to help prevent financial crime and support businesses.
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Video: 10 Minute IT Jams - An update from Forter

Thu, 13th Oct 2022
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crypto
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cx
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blockchain
TechDay's 10 Minute IT Jams provide sharp, to-the-point insights into emerging and established technology companies that operate in the Asia Pacific region.
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Video: 10 Minute IT Jams — Who is Forter?

Thu, 25th Nov 2021
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saas
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cx
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martech
Forter, a SaaS-based fraud detection company, works with global online retailers and banks to provide real-time trust analysis.