Fraud prevention Stories - Page 31

Global Stories

Fraud prevention stories

Airline fraud drops globally as major geographies see steady decline

Airline fraud attempts have fallen 30% globally in H1 2025, with Europe seeing a record 50% drop, marking a major shift in fraud patterns.

By Catherine Knowles • 3 min read • Thu, 4th Sep 2025

Breach Prevention

FICO named top category leader for enterprise fraud solutions

FICO has been named a category leader by Chartis Research for the fifth consecutive time in enterprise, payment fraud solutions and fraud platforms in 2025.

By Sean Mitchell • 4 min read • Thu, 4th Sep 2025

Risk & Compliance

SAS named market leader for AI-driven fraud & AML solutions

SAS has been named Market Leader in AI-driven fraud and AML case management, praised for its stable platform and advanced cloud-native AI features.

By Melvin Hipolito • 4 min read • Wed, 3rd Sep 2025

Unified Communications

Scam Awareness Week shines a light on the collective effort needed to fight scams

Australians lost over AUD $119 million to scams in early 2025, highlighting the urgent need for collective action from individuals, businesses and government.

By Sumir Bhatia • 4 min read • Fri, 29th Aug 2025

Risk & Compliance

How smarter audit systems help businesses mitigate risk and drive growth

AI-driven audit systems help businesses cut expense fraud by 60%, speed up reviews by 90%, and free finance teams to focus on growth and risk management.

By Fabian Calle • 4 min read • Fri, 29th Aug 2025

Biometrics

Daon named leader in identity verification amid AI deepfake threats

Gartner names Daon a Leader in identity verification, citing its advanced biometric tech and AI defences against rising deepfake fraud threats worldwide.

By Catherine Knowles • 3 min read • Fri, 29th Aug 2025

Fintech

LegitScript unveils automated KYB checks to boost onboarding

LegitScript has launched automated Global Business Identity Check and U.S. TIN Verification to speed and improve merchant onboarding worldwide.

By Catherine Knowles • 3 min read • Thu, 28th Aug 2025

Fintech

MoneyMe partners with SEON to boost fraud prevention in lending

MoneyMe partners with SEON to enhance fraud prevention in auto loans, credit cards and personal lending amid rising digital fraud risks in Australia.

By Shannon Williams • 3 min read • Thu, 21st Aug 2025

Stories from Other Regions

Fraud prevention stories

Risk & Compliance

UK firms face unlimited fines as new corporate fraud law begins

New UK corporate fraud law imposes unlimited fines on firms failing to prevent fraud, urging urgent action from businesses to avoid severe penalties.

By Shannon Williams • 4 min read • Thu, 4th Sep 2025

Digital Transformation

Ecommpay expands Asian payment methods amid USD $23.8T boom

Ecommpay expands Asian payment methods, enabling merchants to tap into the USD $23.8 trillion Asia-Pacific digital payments boom by 2032.

By Sean Mitchell • 3 min read • Thu, 4th Sep 2025

Payment Technologies

Card fraud losses rise to EUR €1,578M across Europe in 2024

Card fraud losses in Europe rose to EUR €1,578 million in 2024, with the UK leading both total and Card Not Present fraud losses amid evolving crime tactics.

By Sean Mitchell • 5 min read • Thu, 4th Sep 2025

Risk & Compliance

UK firms face unlimited fines under new anti-fraud legislation

From 1st September, UK firms face unlimited fines under new anti-fraud laws holding companies liable for fraud by associates benefiting the business.

By Kaleah Salmon • 4 min read • Mon, 1st Sep 2025

Crypto

AMP Bank GO blocks over 1,000 mule accounts with new features

AMP Bank GO has blocked over 1,000 fraudulent accounts in six months using a selfie video verification and numberless cards to enhance security.

By Kaleah Salmon • 4 min read • Mon, 1st Sep 2025

Surveillance

NAB introduces biometric selfies for online account security push

NAB now requires new online customers to take biometric selfies and scan ID documents to combat fraud and enhance account security from September.

By Sean Mitchell • 4 min read • Fri, 29th Aug 2025

Biometrics

Macquarie Bank joins network protecting 85% of banking sector

Macquarie Bank has joined BioCatch Trust Australia, extending fraud protection coverage to over 85% of the nation's banking sector through shared intelligence.

By Shannon Williams • 4 min read • Wed, 27th Aug 2025

Email Security

Most Australians miss scam signs in property settlement emails

A PEXA survey found 97% of Australians in property transactions missed email scam signs during settlements, risking costly losses to cybercriminals.

By Kaleah Salmon • 4 min read • Wed, 27th Aug 2025

Multi-factor authentication

Australians still struggle to spot & respond to scams safely

Nearly 80% of Australians have faced scam communications recently, yet 70% lack knowledge on how to respond safely, reveals new Optus research.

By Shannon Williams • 4 min read • Tue, 26th Aug 2025

Malware

Australians face surge in fake Booking.com scam attacks, experts warn

Australians face rising threats from fake Booking.com sites that install malware via deceptive cookie banners, warns cybersecurity expert Mark Graham.

By Shannon Williams • 4 min read • Tue, 26th Aug 2025