Fraud prevention Stories

Asian Stories

Fraud prevention stories

Philippine operators unveil anti-scam push with GSMA

Fears over fraud are pushing Philippine mobile operators to test network-led scam detection and transaction checks with the GSMA.

By Mara Sugue • 4 min read • Today

Phishing

Singapore senior managers most likely to trust deepfake CEO

Many Singapore office workers still worry about questioning bosses, leaving firms exposed as 35% of senior managers said they would comply with a cloned CEO voice before checking.

By Sean Mitchell • 4 min read • Last week

Global Stories

Fraud prevention stories

Security Information and Event Management

Candescent adds Memcyco to its banking marketplace

Banks and credit unions gain earlier warnings on phishing and account takeover as Candescent adds Memcyco to its marketplace.

By Joseph Gabriel Lagonsin • 4 min read • Yesterday

Identity and Access Management

Ping Identity named leader in Gartner's new CIAM report

The recognition underscores growing demand for customer identity tools as firms grapple with securing AI agents acting on behalf of users.

By Sean Mitchell • 3 min read • 3 days ago

Customer Experience

Entersekt boosts 3-D Secure to cut checkout failures

Interrupted authentication journeys are costing merchants sales, with Entersekt saying its latest changes lifted success rates by up to 9 percentage points.

By Karen Joy Bacudo • 4 min read • Last week

Payment Technologies

Neonomics adds payee verification to Nello Pay in Europe

Finnish shoppers using Pay by Bank will be alerted if a merchant name does not match the linked account details, helping curb misdirected payments.

By Karen Joy Bacudo • 4 min read • Last week

Cybersecurity

Who Really Pays When a Supplier Payment Is Hijacked? Leveraging Your Procurement Software to Combat Fraud

Fraudsters are increasingly targeting supplier payments, leaving both buyers and suppliers out of pocket unless bank details are verified before funds move.

By Maurice Iwunze • 4 min read • Last week

Artificial Intelligence

Shopify adds app security check to CLI in AI toolkit

Developers can now spot common security flaws in their own apps before release as Shopify widens its AI Toolkit and commerce updates.

By Sofiah Nichole Salivio • 3 min read • Last week

Cybersecurity

ANZ hackathon in Brisbane tackles cybercrime skills

More than 100 students are tackling real-world scam and fraud scenarios as Queensland faces the highest share of Australia's cybercrime reports.

By Joseph Gabriel Lagonsin • 4 min read • Last week

Robotics

Basware customers focus on trust as AI expands in finance

Finance chiefs are demanding more evidence that AI can be trusted in invoice and payment controls, as errors could affect compliance and suppliers.

By Karen Joy Bacudo • 5 min read • Last week

Large Language Models

AI shopping assistants triple traffic, hitting retailers

Retailers face a fresh holiday-season test as agentic assistants surge, with Forter seeing orders from them more than triple in a month.

By Sean Mitchell • 4 min read • Last week

Stories from Other Regions

Fraud prevention stories

Crypto

Deel launches security tool to spot fake remote hires

Employers can now flag fake applicants earlier as concern grows over deepfakes, stolen identities and forged documents in remote hiring.

By Sofiah Nichole Salivio • 3 min read • Today

Data Protection

Beyond the Selfie: How EU AML Reform Could Reshape Customer Onboarding

From July 2027, firms will face stricter proof-of-identity rules that could slow onboarding unless they adopt trusted digital credentials and better audit trails.

By Clive Bourke • 2 min read • Yesterday

Fintech

Mobile-First Banking: The Role of Identity Verification

Mobile verification can cut onboarding friction for banks while strengthening fraud checks and compliance as customers expect account opening in minutes.

By Bud Walker • 4 min read • Today