Fraud prevention stories - Page 1

E-invoicing could bring AUD $22.5 billion boost to Australia
Today
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digital transformation
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fintech
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australian economy
Full adoption of e-invoicing could boost Australia's economy by AUD $22.5 billion annually through productivity gains, faster payments, and fraud reduction.

World’s largest data breach exposes 16 billion credentials
Last week
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biometrics
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mfa
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phishing
A massive data breach exposing 16 billion credentials from major firms and government services signals severe global digital security flaws.

Sumsub unveils 'The Beast 2.0' to combat digital fraud in APAC
Last week
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digital transformation
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fintech
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digital entertainment
Sumsub launches 'The Beast 2.0' to fight a 121% surge in digital identity fraud across APAC, promoting secure digital access and inclusion in fintech and crypto sectors.

The delicate dance of user experience and security in the digital age
Last week
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data protection
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digital transformation
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biometrics
Businesses can harmonise user experience and cybersecurity through identity and access management, ensuring seamless yet secure digital interactions.

Chain IQ breach exposes UBS, Pictet & others to cyber risks
Last week
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supply chain
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breach prevention
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risk & compliance
A cyberattack on Chain IQ has exposed sensitive data of UBS, Pictet and Implenia employees, spotlighting risks in third-party cybersecurity across sectors.

AI deepfakes drive surge in cyberattacks, threatening trust online
Last week
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malware
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mdm
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phishing
AI-driven deepfakes fuel a rise in cyberattacks, tricking users with fake ads and video calls, risking billions in financial losses worldwide.

RCS messaging surges in UK as iOS support & AI drive growth
Last week
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cx
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martech
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ai
RCS messaging in the UK has surged 65% in 2024, boosted by Apple iOS support and AI, as brands enhance customer engagement with richer, interactive chat tools.

Major healthcare providers leave email systems open to phishing risk
Last week
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data protection
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phishing
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email security
Over a third of top global healthcare providers lack full email security, leaving systems vulnerable to phishing and risking patient safety and data breaches.

Agentic AI market set to soar as firms drive automation growth
Last week
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cx
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phishing
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martech
Agentic AI market set to grow from USD $7.28 billion in 2025 to over $41 billion by 2030, driving automation and transforming sectors from cybersecurity to customer service.

Puma & Adyen unify payments to enhance Asia Pacific retail
Last week
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fintech
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cx
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martech
Puma has partnered with Adyen to unify payment systems across Asia Pacific stores and events, boosting efficiency and delivering a seamless customer experience.

Sumsub adds advanced device intelligence to boost fraud defence
Last week
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fintech
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advanced persistent threat protection
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ueba
Sumsub enhances fraud defence by integrating Fingerprint's device intelligence, offering real-time threat detection without complicating genuine user access.

AI fraud detection & whistleblower system launched in Australasia
Last week
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data analytics
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risk & compliance
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ai
Report It Now and Accord Analytics have launched an AI-driven fraud detection and whistleblower system across Australasia to tackle rising fraud.

AI Agents - The struggle to balance automation, oversight, & security
Last week
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devops
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fintech
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martech
Visa's plan to use AI agents for automatic payments sparks debate over security risks and whether consumers will trust machines handling their money.

Why real estate services must embrace AI now
Last week
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data analytics
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digital transformation
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rpa
AI is revolutionising real estate by speeding up closings, enhancing fraud detection, and boosting efficiency, making the sector safer and more consumer-friendly.

Experian & GBG expand partnership to boost fraud prevention
Last week
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data analytics
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fintech
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physical security
Experian and GBG expand their partnership to offer advanced fraud prevention and identity verification across Australia and New Zealand for faster, safer onboarding.

AU10TIX unveils AnyDoc AI tool to combat document fraud risk
This month
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risk & compliance
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ai
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aml
AU10TIX launches AnyDoc Authentication, an AI-powered tool detecting fraud in non-ID documents with 99.99% accuracy, aiding sectors from finance to healthcare.

SEON expands real-time AML suite with AI-driven risk platform
This month
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fintech
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risk & compliance
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ai
SEON launches AI-powered real-time AML suite, unifying fraud and compliance tools to enhance risk detection and streamline regulatory reporting.

Orchestrating Identity appoints David Rennie as Chief Trust Officer
This month
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biometrics
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public sector
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behavioural biometrics
Orchestrating Identity names David Rennie as Chief Trust Officer to lead digital trust and compliance for businesses amid rising regulatory demands in the UK.

UK & European finance teams accelerate automation to combat fraud
This month
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fintech
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api
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ai
UK and European finance teams boost automation adoption, with 81% increasing use to combat fraud and ease regulatory burdens, says survey.

Ecommpay guide helps merchants navigate global eCommerce
This month
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cx
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martech
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partner programmes
Ecommpay has launched a guide offering merchants practical strategies to navigate global eCommerce growth and tackle challenges in international payments.