Fraud prevention stories - Page 18

LexisNexis Risk Solutions has acquired IDVerse, enhancing its AI-powered risk and fraud solutions to bolster identity verification and onboarding processes.

Sinch has joined forces with Aduna to enhance global access to mobile network capabilities, driving innovation in digital communications and security.

Yavrio, a fintech firm in London, has raised USD $2.4 million in seed funding to transform ERP systems by eliminating error-prone CSV file imports.

A recent report reveals that criminals are increasingly employing artificial intelligence to enhance bank scams, making them harder to detect.

A study by Juniper Research predicts a global 18% rise in remote physical goods fraud by 2025, with losses reaching USD $10 billion, driven by advanced tactics.

Entrust has launched a new AI-based identity verification service to help businesses tackle rising online fraud, which cost US firms USD $112 billion in 2024.

SUSE has launched the SUSE Edge Suite and SUSE Edge 3.2, aiming to enhance retail operations through innovative edge computing solutions.

Microblink has reported robust growth in 2024, buoyed by rising demand for its identity verification solutions and expanded integration on Google Cloud.

The travel industry is increasingly under siege from malicious bots, which now make up 44.5% of sector traffic, threatening airline revenue and customer security.

Experts predict that 2025 will revolutionise AI in banking, enhancing fraud prevention, risk management, and customer experience, according to SAS.

Fintech executives foresee 2025 shaped by evolving fraud tactics, AI, open banking regulation, and changing consumer demands in the mortgage market.

Norton has launched Financial Monitoring within its 360 Platinum suite, enhancing users' financial security by tracking unusual activity and subscription changes.

LexisNexis Risk Solutions has announced plans to acquire IDVerse, aiming to enhance its fraud management capabilities with AI-powered technology.

Despite a surge in crypto users, many newcomers find the technology confusing and inaccessible, hindering their ability to invest effectively.

Ping Identity has been hailed as a leader in access management and customer identity solutions, achieving top scores in major industry reports for 2024.

Avast warns of a surge in fake online shops targeting New Zealanders, with nearly 80,000 counterfeit websites identified as the holiday shopping season nears.

As the festive shopping season approaches, researchers have identified nearly 80,000 counterfeit websites, endangering online shoppers seeking deals.

Yuno now offers Mastercard's Click to Pay, a secure checkout solution aimed at reducing cart abandonment and enhancing the eCommerce experience.

In a new article, Shira Itzhaki from Forter examines the dual role of bots in eCommerce, highlighting the challenge of distinguishing harmful from helpful bots.

A new report reveals a staggering 19% rise in global fraud attacks, largely fuelled by AI exploitation, highlighting urgent need for improved detection measures.