Fraud prevention stories - Page 2
![Story image](../../../../../uploads/story/2024/06/05/preview_img-dv3536xo510aRqpTfmTKce4u.webp)
Appdome launches SDKProtect to combat mobile app security risks
Wed, 5th Jun 2024
#
application security
#
advanced persistent threat protection
#
devsecops
Appdome launches SDKProtect to bolster mobile SDK security, aiming to curb fraud and enhance compliance in the mobile app sector through threat-aware SDK versions.
![Story image](../../../../../uploads/story/2024/05/30/preview_img-PNaJakIv0pTrIO26FURROfPc.webp)
AI-driven identity fraud on the rise, says Signicat report
Thu, 30th May 2024
#
financial institutions
#
report
#
b2b
A new report by Signicat and Consult Hyperion reveals the growing threat of AI-driven identity fraud across Europe, urging financial institutions to boost their defences.
![Story image](../../../../../uploads/story/2024/05/30/preview_img-PS28kzlfAdje9yr1SqnHXaVR.webp)
Trustly reports robust growth with US$58 billion in transactions
Thu, 30th May 2024
#
fintechs
#
m&a
#
blackrock
Trustly’s 2023 annual report reveals a 79% surge in transactions, totaling US$58 billion, and a 51% rise in operating profit, driven by its expanded presence and strategic acquisitions in Europe.
![Story image](../../../../../uploads/story/2024/05/29/preview_img-gGYrKkbGhAil8iJ1PWpq1JE5.webp)
MediSecure cyber breach underscores need for robust healthcare cybersecurity
Wed, 29th May 2024
#
supply chain systems
#
cybersecurity
#
knowbe4
The MediSecure cyberattack, involving stolen data posted on a Russian hacking forum, has highlighted critical vulnerabilities in Australia's healthcare sector amid a rising wave of cyber threats.
![Story image](../../../../../uploads/story/2024/05/28/preview_img-gZC6Kcp6R87EdqUS9HiwzJbs.webp)
Survey: millennials & men most targeted by financial fraud
Tue, 28th May 2024
#
fintechs
#
millennials
#
online banking
Millennials and men, particularly those aged 35-44, are most frequently targeted by financial fraud, reveals an Arbuthnot Latham survey.
![Story image](../../../../../uploads/story/2024/05/27/preview_img-qQlr8KBr5stgb69tEnzO1LBQ.webp)
Converging identity management and fraud prevention for optimal security
Mon, 27th May 2024
#
ransomware
#
phishing
#
advanced persistent threat protection
As AI-enhanced scams become more sophisticated, Australians lost AUD $2.74 billion to scams in 2023. Experts advocate integrating identity management with fraud prevention to bolster security.
![Story image](../../../../../uploads/story/2024/04/30/preview_PPROAPR24_0168_91_.webp)
PPRO appoints Bronwyn Boyle as new Chief Information Security Officer
Tue, 30th Apr 2024
#
cybersecurity
#
cyber attacks
#
ppro
PPRO brings on board Bronwyn Boyle as the new Chief Information Security Officer. With over 20 years of experience, she will lead PPRO's security strategy, bolstering safety across all corners of the global local payments platform.
![Story image](../../../../../uploads/story/2024/04/30/preview_img-QCeP1UWhJpJZz25tSFOujlMx.webp)
Evri, Amazon, PayPal top list of brands abused by cyber scammers
Tue, 30th Apr 2024
#
martech
#
commerce systems
#
payment technologies
Cyber scammers exploit Evri, Amazon, and PayPal brands with phishing schemes, reveals a new study by tech retailer, Currys, indicating a rising threat of such scams.
![Story image](../../../../../uploads/story/2024/04/26/preview_img-5xhQNk2VJrm7QUydfLtEKzq0.webp)
The messaging evolution and the fight against fraud
Fri, 26th Apr 2024
#
data protection
#
email security
#
apm
SMS revolution's downside: Europe tackles fraud epidemic through stringent data laws and sender verification in fight to preserve trust.
![Story image](../../../../../uploads/story/2024/04/24/preview_img-Q2ckMG1eXBIAuEEYxECeoaNk.webp)
ServiceSeeking joins ConnectID for enhanced online security for SMEs
Thu, 25th Apr 2024
#
data privacy
#
smes
#
digital identity
ServiceSeeking teams with ConnectID to boost online protection for SMEs via reliable identity verification, curbing fraud risks and fostering a trusted ecosystem.
![Story image](../../../../../uploads/story/2024/04/24/preview_img-QpMYyk0W9PMtjlxcRQu5TnpS.webp)
Basware unveils AI-powered solution to combat invoice fraud
Thu, 25th Apr 2024
#
ai
#
accounts payable
#
fraud
Basware has launched an AI-based solution, AP Protect, aimed at helping companies shield from invoice fraud and errors.
![Story image](../../../../../uploads/story/2024/04/16/preview_Nikhita_Hyett_Signifyd_2.webp)
Signifyd appoints Nikhita Hyett as EMEA General Manager
Tue, 16th Apr 2024
#
fintechs
#
ai
#
adyen
Commerce protection giant Signifyd appoints Nikhita Hyett as EMEA General Manager, leveraging her payment processing and fraud prevention expertise to boost operations in the region.
![Story image](../../../../../uploads/story/2024/04/04/preview_img-3mDlIJdMXgXIMaVZMsQh9XTL.webp)
Ecommpay incorporates Bacs & SEPA Direct Debit via GoCardless alliance
Thu, 4th Apr 2024
#
fintechs
#
gocardless
#
product management
Ecommpay expands market reach in the UK and Europe, forecasting a 44% growth, by integrating Bacs and SEPA Direct Debit capabilities via GoCardless, enriching their payment suite for FinTech and e-commerce merchants.
![Story image](../../../../../uploads/story/2024/04/03/preview_T02ER9ABV-U06PP0EA529-1a9ea3372b24-512(2).webp)
Bertrand Dezard joins Mangopay to extend fraud prevention reach
Wed, 3rd Apr 2024
#
ai
#
cybersecurity
#
european
Bertrand Dezard joins Mangopay as Head of Sales for Fraud, focusing on global growth and expansion of anti-fraud offerings, particularly in Europe and Latin America.
![Story image](../../../../../uploads/story/2024/04/03/preview_img-qqH23IIyuHqC7HeR37vrRGYH.webp)
Australian businesses fortify defences amid rising financial fraud
Wed, 3rd Apr 2024
#
cx
#
martech
#
email security
Australian businesses tighten cyber defences amid a 354% surge in account takeover fraud, resulting in a record $3.1B loss, calling for strategies that balance fraud prevention with user experience.
![Story image](../../../../../uploads/story/2024/04/02/preview_img-2vLLh1ai5OfAovP0wJ9ov6AC.webp)
Financial institutions increasingly deploy AI in fight against fraud
Tue, 2nd Apr 2024
#
risk & compliance
#
ai
#
financial institutions
Amid growing fraud concerns, a study reveals 70% of financial institutions are turning to AI and machine learning to bolster defenses, marking a notable shift towards tech innovation.
![Story image](../../../../../uploads/story/2024/04/01/preview_img-I5bsHVrmt4bdWN6WosQjqmGp.webp)
FICO survey reveals identity theft & fraud fears among Indonesians
Mon, 1st Apr 2024
#
physical security
#
fintechs
#
financial systems
FICO's study reveals prolonged fears of identity theft among Indonesians, as 36% remain anxious, heightening vulnerabilities to financial loss and credit damage amid growing risks from real-time payments.
![Story image](../../../../../uploads/story/2024/03/12/preview_img-pEnFq6q18xHGYuwZ4sD2zOoB.webp)
European consumers seek flexible return policies – study
Thu, 14th Mar 2024
#
payment technologies
#
fraud prevention
#
consumers
European consumers value flexible return policies and payment options, posing a potential trillion-dollar return cost to retailers by decade's end.
![Story image](../../../../../uploads/story/2024/03/11/preview_img-GoU6g38FN7suL4xVnxH1pWka.webp)
Traceable AI reports 300% revenue boost & strengthens leadership team
Tue, 12th Mar 2024
#
global expansion
#
expansion
#
globe telecom
Traceable AI, a key player in API security, celebrates its year with revenue upwards of 300%. In addition, the firm bolstered its executive team and initiated new products and partnerships.
![Story image](../../../../../uploads/story/2024/03/12/preview_img-ULIjH7EXZjHtIvjczxtrEHMw.webp)
Singtel's SingVerify to tackle scams, boost digital security
Tue, 12th Mar 2024
#
malware
#
phishing
#
email security
Singtel introduces SingVerify, a novel digital security toolkit aimed at combating scams by verifying customer identities in real-time.