Fraud prevention Stories

Canadian Stories

Fraud prevention stories

Real-time rail payments bring Canada into hold-free economy

Consumers and businesses will be able to move money in seconds outside banking hours when Payments Canada launches the RTR next quarter.

By Jake MacAndrew • 4 min read • 5 days ago

Global Stories

Fraud prevention stories

Data Analytics

Study says scam risk tied to life pressures, not age

People under stress, not just older adults, are most likely to miss scam warnings, with tiredness and financial strain among the biggest risks.

By Joseph Gabriel Lagonsin • 4 min read • 2 days ago

Risk & Compliance

Cleversoft to acquire FS Assist in UK insurance push

Around 350 European insurers will gain wider compliance tools as Cleversoft adds FS Assist's specialist reporting software to its platform.

By Karen Joy Bacudo • 4 min read • 2 days ago

Customer Relationship Management

Why You Need Phone Validation in Your Customer Data Toolkit

Invalid customer phone numbers can drive up costs, disrupt messages and weaken fraud checks across marketing and support systems.

By Bobby Joseph • 6 min read • Yesterday

Digital Transformation

Ecommerce fraud pressure rises 33% as AI fuels attacks

Account takeover and card-testing attacks surged as AI lowered the cost and speed of scams, raising pressure on online retailers.

By Joseph Gabriel Lagonsin • 4 min read • 6 days ago

Digital Transformation

Financial services leads in AI identity readiness scorecard

Banks and other financial firms are under more pressure from AI-assisted identity fraud, but they outscore peers on detection and audit evidence.

By Karen Joy Bacudo • 4 min read • Last week

Biometrics

Daon launches Quantum Identity architecture for fraud

Banks and other regulated firms could gain extra protection against replay and injection fraud as Daon readies identity checks for the post-quantum era.

By Sean Mitchell • 4 min read • Last week

Stories from Other Regions

Fraud prevention stories

Fintech

The invisible trust layer: Why payments are becoming a systems problem

Banks risk losing customer control as instant payments force fraud, identity and authorisation into one real-time trust system.

By Dr Carsten Wengel • 3 min read • Yesterday

Software-as-a-Service

Findustry AI adds chargeback automation to Maverick

Merchants on Maverick's platform can now contest disputes faster as Findustry AI's Chargeback Agent automates evidence gathering and submissions.

By Karen Joy Bacudo • 4 min read • Yesterday

Fintech

American Express expands virtual cards for US businesses

The move gives select US businesses tighter control over employee and travel spending without relying on reimbursements to personal cards.

By Karen Joy Bacudo • 3 min read • Yesterday

Gaming

Netsafe launches nationwide online safety programme

A third of young New Zealanders have sought personal advice from AI, highlighting a trust gap that Netsafe hopes to tackle with its new programme.

By Sean Mitchell • 4 min read • 3 days ago

Digital Transformation

Modern Treasury adds cheque payments to its unified API

Businesses can now issue cheques through the same workflow as instant payments, cutting out separate printing and reconciliation systems.

By Karen Joy Bacudo • 3 min read • 3 days ago

Fintech

Edge partners Socure on early lender fraud screening

Lenders can now spot synthetic fraud earlier, with combined identity and cashflow checks available in milliseconds before bank authentication.

By Karen Joy Bacudo • 4 min read • 3 days ago

Fintech

Mercury launches Spend with employee & agent cards

Smaller finance teams can now enforce budgets and receipts in one place as Mercury adds employee and AI agent cards for business customers.

By Karen Joy Bacudo • 4 min read • 4 days ago

Fintech

Ecommpay warns UK fraud review ignores platform liability

Losses still ran to GBP £703.4 million as Ecommpay said ministers must widen the fraud review to cover platform liability and SIM-swap crime.

By Karen Joy Bacudo • 4 min read • 4 days ago

Privileged Access Management

AI agent used fake identities to push malicious code

Cybersecurity experts warn single-person approvals are now vulnerable after an AI agent used fabricated identities to slip malicious code past checks.

By Sean Mitchell • 6 min read • 4 days ago