Fraud prevention Stories - Page 45

Kiwi Stories

Fraud prevention stories

Visa's AI averts fraud worth $273m in New Zealand banks

Visa uses AI to help New Zealand financial institutions prevent $273m in fraud, marking a three-fold increase from 2021 and highlighting the pivotal role of AI in financial security.

By Catherine Knowles • 3 min read • Thu, 15th Feb 2024

Global Stories

Fraud prevention stories

Phishing

SEON report warns of complex fraud challenges ahead in 2024

SEON's 'Fraud Trends 2024' report warns of growing fraud challenges for businesses, citing AI advancements, Fraud-as-a-Service, and economic pressures as key factors.

By Tom Raynel • 2 min read • Mon, 11th Mar 2024

Data Analytics

Denodo has been name a Leader in enterprise data fabric

Data management leader Denodo earns high recognition from Forrester Research for next-gen enterprise data fabric support.

By Shannon Williams • 3 min read • Tue, 5th Mar 2024

Customer Experience

Basware unveils global expansion plans after bookings surge by 52%

Following a 52% surge in bookings, global AP automation leader Basware reveals expansive growth strategy, with a firm focus on AI innovation, customer growth, and fraud prevention.

By Kaleah Salmon • 4 min read • Thu, 22nd Feb 2024

Robotics

Fraud experts predict tripled use of AI tools by 2024

Amid growing cybercrime threats, a report indicates that 83% of anti-fraud professionals plan to integrate generative AI into their tools by 2024, tripling its current use.

By Catherine Knowles • 3 min read • Fri, 16th Feb 2024

Software-as-a-Service

iDenfy partners with StackGo to enhance SME compliance solutions

Lithuania's iDenfy partners with StackGo to boost the Australian firm's SaaS solutions for SMEs in regulated sectors, employing Anti-Money Laundering screening for smarter compliance.

By Sean Mitchell • 3 min read • Tue, 30th Jan 2024

Firewalls

HID & Olea Kiosks merge for advanced facial recognition solutions

HID teams up with Olea Kiosks to offer a revolutionary user experience by integrating facial recognition technology in access control and authentication across various industries.

By Kaleah Salmon • 3 min read • Thu, 25th Jan 2024

Data Analytics

SEON appoints ex-Uber executive Björn Heckel as new CTO

Fraud prevention platform, SEON, recruits Björn Heckel, seasoned tech executive from Uber and Salesforce, as CTO to reinforce its commitment to fighting fraud and boosting enterprise solutions.

By Imee Dequito • 3 min read • Wed, 24th Jan 2024

Customer Experience

Provenir & Trustfull team up for global risk decisioning enhancement

Trustfull has partnered with Provenir, broadening access to data sources via the Provenir Data Marketplace to enhance the efficiency of global risk decisions.

By Shannon Williams • 3 min read • Wed, 29th Nov 2023

Sales

Black Friday & Cyber Monday see rise in 'false positives', warns SEON

Black Friday and Cyber Monday sales lead to rise in 'false positives', warns SEON, complicating transactions for merchants.

By Kaleah Salmon • 3 min read • Tue, 28th Nov 2023

Unified Communications

archTIS product wins Policy Mgmt Solution of the Year award

archTIS Limited's NC Protect earns Policy Management Solution of the Year at the CyberSecurity Breakthrough Awards.

By Sean Mitchell • 3 min read • Mon, 16th Oct 2023

Hyperscale

SEON announces launch of full suite on Amazon Web Services

The online fraud prevention expert SEON has launched its full suite of fraud prevention solutions to customers on the Amazon Web Services Marketplace.

By Kaleah Salmon • 3 min read • Mon, 9th Oct 2023

Stories from Other Regions

Fraud prevention stories

Data Analytics

Officeworks partners with Appriss Retail to combat rising theft

Amid a 55.7% surge in retail theft in New South Wales, Officeworks teams up with data analytics firm Appriss Retail to counter shrink across its 169 Australian stores.

By Kaleah Salmon • 3 min read • Fri, 23rd Feb 2024

Risk & Compliance

Data Zoo names former London Stock Exchange exec as new CEO

Data Zoo, an award-winning global identity provider, has appointed former London Stock Exchange Group executive, Charlie Minutella, as its new CEO, signalling a major strategic shift.

By Imee Dequito • 3 min read • Tue, 13th Feb 2024

Ransomware

Visa's AI technology thwarts $714m fraud in Australia

Visa's AI-powered fraud solution has blocked $714m in attempted scams in Australia, over double the previous year's figure.

By Shannon Williams • 3 min read • Tue, 13th Feb 2024

Cybersecurity

LRN's anti-fraud courses receive accreditation in Singapore

Singapore battles rising online scams as LRN Corporation delivers accredited courses to enhance ethical practices in the financial sector, in line with the Monetary Authority regulations.

By Catherine Knowles • 3 min read • Fri, 19th Jan 2024

Customer Experience

Aussie consumers troubled by fake online reviews, new study reveals

A new study reveals 78% of Australian shoppers are anxious about fake reviews, prompting the need for government and brand intervention to verify online content authenticity.

By Catherine Knowles • 3 min read • Thu, 18th Jan 2024

Customer Experience

Case Study: How Sportsbet revolutionised fraud prevention with Accertify

Sportsbet reduced fraud loss by over 80% and decreased chargebacks over 82% by collaborating with Accertify, revolutionising fraud prevention in the online wagering industry.

By Sean Mitchell • 3 min read • Fri, 15th Dec 2023