Fraud prevention stories - Page 1
AI-driven fraud & deepfakes pose escalating global threat
Today
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cryptocurrency
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phishing
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ai
The Entrust Cybersecurity Institute's 2025 report reveals AI-assisted fraud incidents surged, with deepfake attacks hitting every five minutes in 2024.
Bad bot evolution: AI bots challenge online security measures
Today
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ai
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cybersecurity
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online security
Researchers at Barracuda report that evolving AI bots, termed 'grey bots', are increasingly challenging online security by mimicking human behaviour.
New Zealand to launch eInvoicing for all agencies by 2026
Today
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einvoicing
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interoperability
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fraud prevention
The New Zealand Government is set to implement eInvoicing across all agencies by 2026, promising faster payments and improved accuracy for businesses.
RobobAI unveils AI platform for optimising B2B payments
Today
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storage
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data analytics
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fintech
RobobAI, an Australian fintech, launches an AI platform to optimise enterprise working capital and enhance B2B payment systems amid economic uncertainty.
Australians warned of Black Friday online shopping scams
Yesterday
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malware
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edr
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cybersecurity
Australians are being warned to stay vigilant as online shopping scams surge during Black Friday, with losses exceeding AUD $14.9 million this year.
Cyber incidents cost Australia AUD $4.26m per breach in 2024
Yesterday
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digital transformation
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advanced persistent threat protection
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iam
Cyber incidents in Australia now average AUD $4.26 million per breach, a 27% rise since 2020, highlighting urgent cybersecurity needs.
Fed gov imposes fines for inadequate scam prevention
Yesterday
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uc
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email security
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risk & compliance
The federal government is set to impose fines of up to AUD $50 million on companies failing to implement effective measures against rising fraud.
Banks lead industries in adoption of generative AI technology
Yesterday
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risk & compliance
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genai
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data privacy
A report reveals that 60% of banking leaders are integrating generative AI technology into operations, outpacing other sectors in adoption rates.
Nationwide Building Society joins cyber resilience effort for UK SMEs
2 days ago
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payment technologies
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microsoft
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hp
Nationwide has been appointed as a National Ambassador for the National Cyber Resilience Centre Group, aiming to enhance cyber defences for UK SMEs.
Don’t ignore payments tech ahead of retail’s most important events
2 days ago
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cx
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martech
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displays & projectors
As Black Friday approaches, retailers are urged to adopt advanced payment technologies to tackle rising fraud and ensure smooth transactions.
Mike Nawrocki joins Jumio as new Chief Revenue Officer
2 days ago
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biometrics
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risk & compliance
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ipo
Jumio has appointed Mike Nawrocki as Chief Revenue Officer, bringing over 25 years of sales leadership to enhance its identity verification solutions.
CommBank app updates enhance security against scams
2 days ago
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cryptocurrency
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fintech
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blockchain
CommBank has unveiled new security features for its mobile app, including digital wallet reviews and scam warnings, to enhance customer protection against fraud.
OneStream launches Sensible AI to boost CFO workflows
Last week
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data analytics
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ai
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software development
OneStream has unveiled its Sensible AI Library and OneStream Genesis, designed to enhance CFOs' efficiency in financial workflows through innovative AI solutions.
Experts urge vigilance against growing digital fraud risks
Last week
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firewalls
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phishing
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physical security
Experts warn that rising digitalisation fuels fraud, with AI aiding cybercriminals, prompting calls for robust security and real-time threat response.
Jumio partners with LatticeFlow AI for enhanced ID security
Last week
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risk & compliance
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aml
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computer vision
Jumio has formed a strategic partnership with LatticeFlow AI to enhance AI-driven identity verification and bolster fraud protection ahead of EU regulations.
Attestiv unveils deepfake detection tool for video
This month
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genai
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ai
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cybersecurity
Attestiv has unveiled a new deepfake detection platform to help individuals and businesses tackle the rise of fake videos amid growing digital deception concerns.
Ping Identity reveals top winners of 2024 excellence awards
This month
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cx
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blockchain
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martech
Ping Identity has honoured the winners of the 2024 Identity Excellence Awards in Asia Pacific, celebrating outstanding leaders in the identity sector.
Akamai bolsters Account Protector against cyber threats
Last month
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advanced persistent threat protection
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cybersecurity
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ncsc
Akamai Technologies has launched upgrades to its Account Protector, enhancing security against cyber threats amid rising scams costing shoppers GBP £10 million.
Extend unveils Bill Pay to boost virtual card invoice payments
Last month
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payment technologies
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accounts payable
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expense management
Extend has launched a new Bill Pay feature to enhance invoice payments for businesses, leveraging virtual cards for improved security and cash flow management.
Extend unveils Bill Pay to streamline invoice payments
Last month
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fintech
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payment technologies
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cloud services
Extend has launched its Bill Pay feature, allowing businesses to settle invoices securely using virtual cards, enhancing accounts payable processes.