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Fraud prevention Stories - Page 60

Global Stories

Fraud prevention stories

Identity fraud costs firms USD $7 million annually worldwide
Customer Experience

Identity fraud costs firms USD $7 million annually worldwide

Identity fraud costs businesses USD $7 million yearly worldwide, with Asia Pacific firms facing rising threats from sophisticated attacks, a new study finds.

By Shannon Williams • 4 min read • Thu, 17th Apr 2025
Google blocks 5.1 billion ads & boosts AI ad safeguards
Marketing Technologies

Google blocks 5.1 billion ads & boosts AI ad safeguards

Google blocked over 5.1bn ads and suspended 39.2m accounts in 2024, using AI advancements to combat ad scams and protect consumers.

By Sean Mitchell • 3 min read • Thu, 17th Apr 2025
Mastercard outlines plan to combat card fraud in Australia
Biometrics

Mastercard outlines plan to combat card fraud in Australia

Mastercard has unveiled a five-year strategy to innovate payment methods in Australia, tackling a surge in card fraud that nearly hit $1 billion in 2024.

By Shannon Williams • 3 min read • Wed, 9th Apr 2025
Ecommpay shortlisted for four Retail Systems Awards 2023
Fintech

Ecommpay shortlisted for four Retail Systems Awards 2023

Ecommpay has been named a finalist in four categories at the Retail Systems Awards, recognising its innovations in payment solutions and fraud prevention.

By Kaleah Salmon • 2 min read • Fri, 28th Mar 2025
Fastly updates bot management to reduce CAPTCHA reliance
Customer Experience

Fastly updates bot management to reduce CAPTCHA reliance

Fastly has unveiled enhancements to its Bot Management service, reducing CAPTCHA dependency while bolstering security and user experience across its platform.

By Melania Watson • 3 min read • Wed, 26th Mar 2025
Exclusive: GBG's Carol Chris on innovation, fraud prevention and growth
Unified Communications

Exclusive: GBG's Carol Chris on innovation, fraud prevention and growth

Carol Chris, General Manager of GBG APAC, emphasises innovation in fraud prevention amid rising data breaches, as demand for compliance solutions grows.

By Melania Watson • 5 min read • Fri, 14th Mar 2025
Adyen partners with Reece to enhance payment systems down under
Customer Experience

Adyen partners with Reece to enhance payment systems down under

Adyen has partnered with Reece to modernise its payment systems across Australia and New Zealand, enhancing customer experiences at 600 outlets.

By Kaleah Salmon • 2 min read • Thu, 13th Mar 2025
Survey: Security outweighs cost in travel payment choices
Payment Technologies

Survey: Security outweighs cost in travel payment choices

A recent Outpayce study reveals that over 70% of travellers prioritise payment security over discounts, highlighting growing concerns over cyber fraud in travel.

By Sean Mitchell • 3 min read • Wed, 12th Mar 2025
Group-IB's fraud solution now accessible via AWS Marketplace
Malware

Group-IB's fraud solution now accessible via AWS Marketplace

Group-IB's Fraud Protection solution is now available on AWS Marketplace, enhancing online security for businesses against fraud-related threats.

By Shannon Williams • 2 min read • Tue, 11th Mar 2025

Stories from Other Regions

Fraud prevention stories

UK retailers face substantial losses from missing parcels
Customer Experience

UK retailers face substantial losses from missing parcels

UK retailers have suffered losses of around GBP £464 million in missing parcels during the peak shopping season, with potentially millions more unaccounted for.

By Shannon Williams • 3 min read • Fri, 18th Apr 2025
Ecommpay urges merchants to bolster fraud prevention
Artificial Intelligence

Ecommpay urges merchants to bolster fraud prevention

Ecommpay has urged merchants to enhance their fraud prevention strategies as UK ticket fraud losses soared to GBP £9.8 million in 2024, up 47% from the previous year.

By Sean Mitchell • 3 min read • Wed, 16th Apr 2025
Fraud against Australian businesses on the rise, report finds
Customer Experience

Fraud against Australian businesses on the rise, report finds

A recent report reveals that 61% of Australian businesses face rising fraud incidents, prompting a shift to AI-driven security solutions to combat these threats.

By Sean Mitchell • 3 min read • Wed, 16th Apr 2025
Cifas reports sharp rise in UK identity fraud cases for 2024
Unified Communications

Cifas reports sharp rise in UK identity fraud cases for 2024

Fraud cases in the UK surged by 12.5% in 2024, with identity fraud now comprising 59% of reports, highlighting a worrying trend in cybercrime tactics.

By Kaleah Salmon • 3 min read • Mon, 14th Apr 2025
Flare reveals costly impact of account takeover attacks
Software-as-a-Service

Flare reveals costly impact of account takeover attacks

Flare's latest report reveals a staggering rise in account takeover attacks, exposing organisations to losses of tens of millions annually due to session hijacking.

By Sean Mitchell • 3 min read • Thu, 10th Apr 2025
Pure Storage aids THG Ingenuity in AI & sustainability
Storage

Pure Storage aids THG Ingenuity in AI & sustainability

Pure Storage has partnered with THG Ingenuity to enhance AI capabilities and sustainability, cutting data centre power use by 80% while supporting global growth.

By Catherine Knowles • 3 min read • Fri, 28th Mar 2025
Fastly introduces bot management updates for web security
Cybersecurity

Fastly introduces bot management updates for web security

Fastly has launched updates to its Bot Management service, enhancing online security while improving user experiences by reducing reliance on CAPTCHAs.

By Shannon Williams • 2 min read • Fri, 28th Mar 2025
Edenred Payment Solutions launches virtual card for payouts
Customer Experience

Edenred Payment Solutions launches virtual card for payouts

Edenred Payment Solutions unveils a Virtual Card Number to expedite insurance payouts, addressing customer demand for quicker claims processing.

By Kaleah Salmon • 3 min read • Tue, 25th Mar 2025
Endowus teams with Twilio to enhance platform security
Cybersecurity

Endowus teams with Twilio to enhance platform security

Endowus has teamed up with Twilio to enhance security on its digital wealth platform, addressing a surge in fraud cases with advanced verification measures.

By Catherine Knowles • 3 min read • Wed, 12th Mar 2025