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Fraud prevention Stories - Page 2

UK Stories

Fraud prevention stories

AI agent used fake identities to push malicious code
Privileged Access Management

AI agent used fake identities to push malicious code

Cybersecurity experts warn single-person approvals are now vulnerable after an AI agent used fabricated identities to slip malicious code past checks.

By Sean Mitchell • 6 min read • Last week

Global Stories

Fraud prevention stories

Ecommerce fraud pressure rises 33% as AI fuels attacks
Digital Transformation

Ecommerce fraud pressure rises 33% as AI fuels attacks

Account takeover and card-testing attacks surged as AI lowered the cost and speed of scams, raising pressure on online retailers.

By Joseph Gabriel Lagonsin • 4 min read • Last week
Financial services leads in AI identity readiness scorecard
Digital Transformation

Financial services leads in AI identity readiness scorecard

Banks and other financial firms are under more pressure from AI-assisted identity fraud, but they outscore peers on detection and audit evidence.

By Karen Joy Bacudo • 4 min read • This month
Daon launches Quantum Identity architecture for fraud
Biometrics

Daon launches Quantum Identity architecture for fraud

Banks and other regulated firms could gain extra protection against replay and injection fraud as Daon readies identity checks for the post-quantum era.

By Sean Mitchell • 4 min read • This month
1Kosmos names Frank Cohen as Chief Revenue Officer
Digital Transformation

1Kosmos names Frank Cohen as Chief Revenue Officer

The hire is aimed at accelerating adoption of its identity verification platform as enterprises battle impersonation attacks and account takeover risk.

By Sofiah Nichole Salivio • 3 min read • This month

Stories from Other Regions

Fraud prevention stories

Edge partners Socure on early lender fraud screening
Fintech

Edge partners Socure on early lender fraud screening

Lenders can now spot synthetic fraud earlier, with combined identity and cashflow checks available in milliseconds before bank authentication.

By Karen Joy Bacudo • 4 min read • Last week
Mercury launches Spend with employee & agent cards
Fintech

Mercury launches Spend with employee & agent cards

Smaller finance teams can now enforce budgets and receipts in one place as Mercury adds employee and AI agent cards for business customers.

By Karen Joy Bacudo • 4 min read • Last week
AI agents are moving fast. Here's what Australians should understand before using them
Malware

AI agents are moving fast. Here's what Australians should understand before using them

Australians risk giving AI agents broad access to emails, calendars and accounts, opening the door to scams and misuse.

By Stephen Kho • 4 min read • Last week
Real-time rail payments bring Canada into hold-free economy
Fintech

Real-time rail payments bring Canada into hold-free economy

Consumers and businesses will be able to move money in seconds outside banking hours when Payments Canada launches the RTR next quarter.

By Jake MacAndrew • 4 min read • Last week
New Zealand lenders adopt AI amid data readiness gap
Data Protection

New Zealand lenders adopt AI amid data readiness gap

Most lenders still lack the data quality and governance needed to trust AI, even as 76% use it for credit and fraud decisions.

By Sean Mitchell • 4 min read • Last week
Customer verification in Australia: A complete guide
Data Protection

Customer verification in Australia: A complete guide

Rising cybercrime is forcing Australian businesses to tighten checks or risk fraud losses, compliance breaches and slower onboarding.

By Edmund Ng • 7 min read • Last week
Sionic & Agentix link AI shopping to bank payments
Fintech

Sionic & Agentix link AI shopping to bank payments

Shoppers could soon pay straight from bank accounts as the tie-up lets AI agents find goods, check stock and complete purchases.

By Karen Joy Bacudo • 4 min read • This month
Teqare expands cyber safety for First Nations wealth
Data Protection

Teqare expands cyber safety for First Nations wealth

CAD $90,000 scam losses have pushed Teqare to widen training across more than 80 First Nations, schools and elder communities in Canada.

By Joseph Gabriel Lagonsin • 4 min read • This month
Riskified & Marqeta boost fraud checks for issuers
Gaming

Riskified & Marqeta boost fraud checks for issuers

The tie-up could help card issuers approve more genuine online purchases, while reducing costly false declines and chargebacks across eCommerce.

By Karen Joy Bacudo • 4 min read • This month
Availability should follow the transaction, not the infrastructure
Disaster Recovery

Availability should follow the transaction, not the infrastructure

Manual recovery still risks missed payments and trades when financial systems fail, as customers care only whether transactions complete.

By Don Boxley • 4 min read • This month
Maximum raises USD $30 million seed round for banks
Software-as-a-Service

Maximum raises USD $30 million seed round for banks

Banks could gain faster product updates and lower operating costs as Maximum emerges from stealth with a USD $30 million seed round.

By Karen Joy Bacudo • 4 min read • This month
AI traffic surges 30% as Philippines braces for bots
Network Infrastructure

AI traffic surges 30% as Philippines braces for bots

Businesses in the Philippines may face higher costs and slower sites as AI-generated internet traffic rises 30% in five months, Fastly said.

By Sean Mitchell • 4 min read • This month