Fraud prevention stories
Canadian QuickBooks Online and Xero users can now process supplier and expense payments in one workflow, after beta users handled more than USD $2 million.
Businesses face growing risk from AI-driven fraud as ANZ says rushed seasonal trading can let scammers exploit weak payment controls.
The broader signal base is aimed at helping fraud teams spot synthetic identities and linked accounts as generative AI makes scams harder to detect.
Businesses can now verify mobile numbers without SMS codes, as Authsignal's new service spans major US carriers and Telstra in Australia.
More than a third of financial firms in Europe, the Middle East and Africa reported fraud attempts rising by over 25% in two years.
Financial firms accounted for 41.6% of verified mobile activity in the first half of 2026, as numbers became central to banking and account recovery.
Most losses now stem from weak customer and employee awareness, even as banks pour more money into technology and still struggle to keep pace.
A surge in non-human identities is leaving businesses more exposed, with privileged access risks now stretching beyond staff to AI agents and machine accounts.
Businesses face rising losses as the new model cuts false positives by more than 80% and adapts scoring as fraud tactics shift.
Most consumers surveyed across six European markets would accept longer bank checks if that meant a lower chance of fraud, Fourthline found.
Businesses can now verify mobile numbers without SMS codes, reducing friction and exposure as regulators tighten rules on text-based authentication.
The deal gives the Baltic bank a risk-based way to cut card fraud while reducing friction for online shoppers across the region.
Unverified AI outputs can quietly drive failed deliveries, compliance noise and customer-record errors across Asia Pacific businesses.
The new service aims to curb payment diversion fraud in property and legal deals by verifying recipient accounts before client money is sent.
The deal widens finance teams' defences as payment fraud shifts from invoices to supplier bank details, leaving approved bills vulnerable.
The move should help FOMO Pay tighten onboarding and fraud checks as it expands across markets with diverging rules and rising scam pressure.
The finding highlights a trust gap that could slow AI adoption in payments, with only 22% of UK consumers willing to use it there.
Retailers risk weaker personalisation and wasted spend this peak season unless customer data is cleaned up before AI systems are switched on.
Customer concerns over fraud and regulation are shaping a cautious rollout, with the bank planning to start on its own digital channels in Hong Kong.
AI shopping is already mainstream in Singapore, but only 29% of consumers are willing to let it complete a purchase for them.