Fraud prevention stories
Cloud-based adjudication boosts Southeast Asian retailers with fast, personalised offers, enhancing loyalty programmes and customer satisfaction across channels.
Primer has incorporated in Singapore, boosting its Asia-Pacific presence with a 239% rise in payment volume and new initiatives for startups.
Adidas has suffered a data breach via a third-party provider, exposing customer information and highlighting rising cyber risks in retail supply chains.
Cybersecurity firm Infoblox warns of Hazy Hawk, a threat actor hijacking DNS records from abandoned cloud resources to spread scams and malware worldwide.
Awareness of retail fraud surges via social media, with risks looming at USD $107bn by 2029 as consumers grow tempted and acceptance rises.
DenizBank has adopted Red Hat OpenShift AI, accelerating AI model deployment and cutting development time from days to just 10 minutes in its financial services.
Temu has joined the International Anti-Counterfeiting Coalition's Marketplace Advisory Council to strengthen efforts against online counterfeit goods.
Ecommpay has been shortlisted for three awards at the PayTech Awards 2025, recognising innovation in payments, anti-fraud, and diversity leadership.
First-party fraud now tops global cyberattacks, rising to 36% of cases in 2024, according to LexisNexis Risk Solutions' Cybercrime Report.
EU member states urge social media firms to verify advertisers to curb a EUR €4.3bn investment scam crisis sweeping across Europe.
LexisNexis Risk Solutions will spotlight property, motor, and identity data enrichment at BIBA Conference 2025 to boost brokers' efficiency and customer experience.
Outpost24 enhances its External Attack Surface Management platform with Social Media and Data Leakage modules to boost threat detection across digital channels.
FICO has launched FICO Marketplace, a platform connecting businesses with data and analytics providers to boost AI-driven decision-making and operations.
Ageas adopts LexID for Insurance from LexisNexis to unify data for over 4 million policyholders, aiming to improve underwriting and personalise services.
McAfee launches AI Scam Detector for Australians amid surge, targeting texts, emails and videos with 99% detection accuracy to curb rising online scams.
India is harnessing AI and sustainability to transform technology, driving economic growth and enhancing cybersecurity on National Technology Day 2025.
BioCatch appoints Andreas Dombret as senior advisor to boost global growth and fight financial crime with innovative technology.
Entercard adopts FICO's AI-powered platform to enhance fraud detection and prevention across the Nordic region, improving security and customer experience.
Recent cyberattacks on UK retailers like M&S and Harrods threaten sales and trust, costing M&S up to GBP £1 million daily amid growing ecommerce risks.
ASB partners with payment platform POLi to enable secure open banking payments, offering customers safer choices without using internet banking logins.