Fraud prevention stories
Merchants are now losing more to refund abuse and chargebacks as AI-enabled fraud drives losses of USD $11.4 million on average.
Industry experts warn that reimbursement is masking the scale of scams, as APP losses climbed 19% to GBP £576.4 million last year.
Banks must shift to real-time, networked defences as organised scams now move money through customer-authorised payments in minutes.
The lender expects AI to speed fraud checks and staff support, while helping prioritise projects that could each deliver more than USD $100 million.
Customer reviews have pushed Shufti into G2's top tier, signalling stronger demand for its identity checks and anti-money laundering tools.
The new system lets advertisers query verification data through AI assistants and approve campaign changes as automation spreads across ad buying.
The new system aims to curb fraud as AI-driven traffic surges and online security teams struggle to tell legitimate agents from attackers.
The certification may reassure banks and governments that Daon's identity and fraud tools meet stricter AI oversight as scrutiny intensifies globally.
Fraudsters are using AI to forge invoices and supplier messages, prompting finance leaders to warn that traditional AP controls are no longer enough.
The promotion puts KnowBe4's product strategy under an internal engineering veteran as the company expands defences against AI-driven threats and human error.
Millions of UK and European shoppers can now skip manual card entry online, as Revolut rolls out Visa's Click to Pay at checkout.
Better text delivery has helped the fintech avoid carrier throttling and support headaches as clients rely on SMS to complete financial checks.
Fans buying tickets or streams for the FIFA World Cup face fake sites, rogue apps and QR-code traps that can steal payment details.
Major sporting events are giving fraudsters fresh ways to scrape data, hijack tokens and abuse APIs in genuine betting apps.
The listing should speed procurement for cloud customers as employers face rising risks from impersonation, fraud and stolen credentials.
Rising fares and disruption are pushing more travellers to dispute payments through banks, putting travel merchants under heavier refund pressure.
Turnaround times for two-wheeler loans have fallen 72%, easing delays for dealers and first-time buyers across Hero FinCorp's network.
Enterprise merchants can now connect once to multiple AI shopping platforms, as Adyen's limited US rollout aims to cut repeated integration work.
Android users will get a warning when a supposedly familiar caller may be spoofed, as deepfake-enabled scams rise.
Growing fears over deepfakes have pushed Ion to seek Australian patent protection for a method that verifies video at the byte level.